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Changelly review

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Changelly Crypto-to-Crypto Exchange
3.0
★★★★★
Finder score
Fiat currencies
58
Supported assets
391
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

Our verdict

Changelly is an instant digital currency exchange providing competitive crypto-to-crypto rates.

Changelly offers a unique proposition: It allows you to exchange one cryptocurrency for another in the most convenient way possible. It does this by aggregating and suggesting the best rates directly on its website.

However, the fees are often high if you’re buying crypto directly on this platform because it uses third-party services like Moonpay and Simplex.

Pros

  • Straightforward UI. Changelly has a stripped down, no frills UI. Transacting on the exchange is simple if you’ve already set up a non-custodial wallet.

Cons

  • Third-party fiat purchases. If you want to purchase crypto with fiat on Changelly, you will need to use a third-party service. These include Moonpay, Banxa or Simplex which require KYC. The availability of assets on each will differ depending on which state you are in.
  • Must know how to use a non-custodial wallet. You must set up a non-custodial wallet to use Changelly. This means you need a wallet for each individual blockchain you plan to purchase assets on. If this is unfamiliar to you, you may want to consider using another service or reading our wallets guide to get up to speed.

In this guide

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Details

Product details

Product Name Changelly Crypto-to-Crypto Exchange
Fiat Currencies USD, GBP, EUR, CAD, MXN, HKD, RUB, NZD, SGD, JPY & 48 more
Cryptocurrencies BTC, ETH, XRP, BCH, EOS, LTC, ADA, XLM, BNB, DOGE & 381 more
Deposit Methods Credit card
Cryptocurrency
Debit card
Wire transfer
Apple Pay
Trading Fee 0.25%
Deposit Fees Credit card: 5%–10%
Debit card: 5%–10%
Apple Pay: 5%–10%
Swift wire transfer: 5.24%
Cryptocurrency: 0.25% exchange fee plus network fees
Withdrawal Fees Cryptocurrency: None

About Changelly — company background

Founded in 2015, Changelly has emerged as one of the most popular crypto-to-crypto exchange services on the market. The Hong Kong-based exchange offers a wide range of services for people looking to get the best rates on cryptocurrency conversion.

Changelly website

Listed Changelly crypto exchange assets

Changelly supports over 391 cryptocurrencies, but some notable assets are missing. Namely, Lido Staked Ether, Toncoin and Wrapped stETH, which are in the top 20 cryptos by market cap. In total, 15 of the top 20 cryptos are available on Changelly.

Popular assets on Changelly
supports
Bitcoin (BTC)
supports
Ethereum (ETH)
supports
Tether (USDT)
supports
Solana (SOL)
supports
BNB (BNB)
supports
XRP (XRP)
supports
Dogecoin (DOGE)
supports
USDC (USDC)
supports
Cardano (ADA)
does not support
Lido Staked Ether (STETH)
supports
Avalanche (AVAX)
supports
TRON (TRX)
does not support
Toncoin (TON)
supports
Stellar (XLM)
does not support
Wrapped stETH (WSTETH)
supports
Shiba Inu (SHIB)
supports
Wrapped Bitcoin (WBTC)
supports
Polkadot (DOT)
does not support
Chainlink (LINK)
does not support
WETH (WETH)

Changelly fees

Changelly charges a 5%–10% fee for apple pay deposits, 5%–10% fee for debit card deposits and a 5%–10% fee for credit card deposits.

Deposit & withdrawals fees

Transaction type Fee
Deposit funds Credit card: 5%–10%
Debit card: 5%–10%
Apple Pay: 5%–10%
Swift wire transfer: 5.24%
Cryptocurrency: 0.25% exchange fee plus network fees
Withdraw funds Cryptocurrency: None


Changelly deposit methods

  • Credit card
  • Cryptocurrency
  • Debit card
  • Wire transfer
  • Apple Pay

How to sign up on Changelly exchange

Before you can even get started trading on Changelly, you have to go through the rigorous verification process (which usually involves providing proof of identification). This can take time. The reason for this is Changelly's commitment to certifications and compliance with regulations and insurers.

  1. Get started
    After selecting the Get Started button, fill in the create account form.
  2. Set up payment
    Before you can start trading, you have to add your bank account to your Changelly account. There are several options to choose from, so choose the option most compatible.
  3. Provide identification
    Before you can make withdrawals and increase your transaction limits, you must submit proof of address and some additional identification. Use either a passport or a driver's license for this.
  4. Start trading
    After all that is processed, you're ready to trade on Changelly.
Create Changelly account

Using the Changelly app

Changelly offers an Android and an iOS app. This brings the same functionality of the web platform to your fingertips.

Changelly app

Is Changelly safe?

Changelly is viewed as a trusted exchange service that is safe and convenient to use. The platform enables 2-factor authentication to protect your account. This includes Google Authenticator, which provides an added level of security.

Client information such as email is kept private and will only be used to contact you from time to time.

Keeping your crypto secure

All centralized exchanges, including Changelly, are vulnerable to counterparty risks like hacking, theft and insolvency. Using a self-custodial or hardware wallet is widely accepted as the best way to improve the security of your funds. We've shared some of our top picks below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,000+

Price (USD)

$149

Price (USD)

$129

Changelly customer support

You can contact customer support directly via email and social media. The website doesn’t list response times but does have a comprehensive FAQ section that will probably answer many of your questions.

How to reach Changelly customer support

  • Contact form
  • Discord
  • Email
  • Facebook
  • Phone
  • Telegram
  • Twitter

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Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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