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Changelly Crypto-to-Crypto Exchange

Changelly Crypto-to-Crypto Exchange isn't available on Finder right now.

Fiat currencies
58
Supported assets
391
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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 as an aggregator that is integrated into some of the world’s biggest cryptocurrency trading platforms, such as Poloniex and Bittrex. In almost no time flat, Changelly checks rates on all of the exchanges to which it is linked and gets you the best price for a trade.

Given the volatility around cryptocurrency, Changelly does not fix rates. This enables the company to charge a very low commission fee for facilitating trades.

However, if you do choose to purchase crypto at a fixed rate via Changelly, you will pay a higher rate as compared to major exchanges.

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.
  • Over 391 cryptocurrencies supported. Changelly supports 391+ assets, which should give you a good range of industries and asset types to invest in without needing to hop between multiple exchanges.
  • Trade with multiple fiat currencies. Changelly allows you to trade with 10 currencies including USD, GBP, EUR, CAD, MXN, HKD, RUB, NZD, SGD, JPY & 40+ more.
  • Supports a range of payment methods. Changelly supports several popular payment methods including USD deposits via and Credit card.
  • Changelly mobile app lets you trade on the go. The Changelly app offers several of the same features as the desktop platform, allowing you to manage your portfolio anywhere.
  • 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.
    • Not available to all US residents. Changelly is only available in 43 states. You can not use Changelly if you are a resident of Alabama, Florida, Georgia, Hawaii, New Mexico, Oregon, Vermont and Washington.
    • USD deposits and withdrawals are not supported. Changelly does not support USD trading accounts. You may still be able to purchase crypto using a credit or debit card via the platform's instant purchase feature, although foreign exchange fees might apply.
    • No live chat or phone-based customer support. Changelly does not have a live customer support service. Instead you will need to consult the FAQ or contact Changelly via email, which may take several days to receive a reply.
    • In this guide

      • Our verdict
      • Details
        • Product details
      • Your reviews
      • Ask a question

      Founded in 2013, Changelly has emerged as one of the most popular crypto-to-crypto exchange services on the market. The Czech-based exchange offers a wide range of services for people looking to get the best rates on cryptocurrency conversion.

      Changelly has already carved out a strong international presence and has earned the trust of 300,000 customers since 2015.

      Details

      Product details

      Product Name Changelly Crypto-to-Crypto Exchange
      Fiat Currencies USD, GBP, EUR, CAD, MXN, HKD, RUB, NZD, SGD, JPY & 40+ more
      Cryptocurrencies BTC, ETH, XEM, LSK, XMR, LTC, XRP, EOS, XLM, BCH & 381 more
      Deposit Methods Credit card
      Debit card
      Trading Fee 0.25%
      Deposit Fees 1-7.1%
      Withdrawal Fees 1-7.1%

      3

      Finder Score

      ★★★★★

      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 Chainlink, which are in the top 20 cryptos by market cap. In total, 17 of the top 20 cryptos are available on Changelly.

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

      Changelly fees

      Changelly charges a fee for 1-7.1% deposits.

      Changelly deposit methods

      • Credit card
      • Debit card

      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.

      Using the Changelly app

      The Changelly app is available for Android and iOS devices.

      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 centralised 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.

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      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
      • Email
      • Facebook
      • Telegram
      • Twitter

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      Avatar

      Patrick R. Hoggan

      January 26, 2018

      I understand how one purchases crypto currency with fiat dollars (credit card), but how does one withdraw the crypto currency purchased in fiat dollars when one wants to cash out.??


      Avatar

      Jhezelyn Finder

      January 30, 2018

      Hi Patrick,


      Thank you for your comment.


      With Changelly, you’re unable to cash out your coins directly to a bank account. However, you may be able to turn the cryptocurrency you bought using fiat money to cash by transferring to another exchange that can link a bank account and cash it from there. You can check for the list of cryptocurrency exchanges having such a feature.


      You may also check coinbase pro exchange review showing the analysis of GDAX, which is one of the digital exchanges that lets you turn your fiat currency into cash.


      It might be helpful as well to learn more about selling bitcoins.


      Regards,

      Jhezelyn


      Show more Show less
      Avatar

      Brian

      December 23, 2017

      I went to the Changelly site, and was surprised that they allow me to log in by using my gmail account with no password requirement, or two step verification. Isn’t this unsecure, and shouldn’t Changelly require better security? Also I see no XRP on Changelly.


      Avatar

      Joanne Finder

      December 25, 2017

      Hi Brian,


      Thanks for reaching out.


      Changelly is actually a trusted exchange service that is safe and convenient to use.


      Your email is needed so you can create an account that will give you access to your transaction history, password editing and other account settings. Once logged in, you will have the option to enable the two step verification via the Google Authenticator app.


      XRP is currently not supported on Changelly, please refer to the list of cryptocurrencies on this page above. Learn more about XRP or where you can buy them.


      Cheers,

      Joanne


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