Overview
Changelly is a non-custodial cryptocurrency exchange platform designed for seamless buying, selling, and swapping of digital assets. With support for 140+ cryptocurrencies, flat 0.25% fees, and wallet integrations, it offers a streamlined alternative to traditional exchanges. This review covers its features, security, and limitations to help you decide if it fits your trading needs.
Key Features of Changelly
1. Trading Platform
- Instant swaps: Convert any supported token directly (e.g., NANO to MITH).
- Non-custodial: Users retain control of funds; no exchange wallet required.
2. Ease of Use
- Simple 3-step process: Select tokens → Enter wallet address → Confirm swap.
- Integrated with popular wallets like Ledger, Trezor, and Exodus.
3. Fees
- Flat 0.25% fee per transaction.
- Rates adjust dynamically for market volatility.
4. Trading Tools
- Automated bot scans exchanges (Binance, Bittrex) for optimal rates.
- Fiat purchases via Visa/Mastercard through partners Simplex and Indacoin.
5. Supported Platforms
- Web-based interface; no dedicated mobile app.
Pros and Cons
Pros
✅ Fast transactions (5–30 minutes)
✅ Wallet integrations eliminate transfer hassles
✅ Responsive 24/7 customer support
✅ Low, transparent fee structure
Cons
❌ Limited availability (excludes US, Iran, Syria, etc.)
❌ No fiat deposits (card purchases convert via BTC first)
❌ Slippage possible during high volatility
Security and Trustworthiness
- KYC: Optional unless flagged for suspicious activity.
- Reputation: 4.5/5 on Trustpilot; operational since 2014.
- HQ: Based in Malta (EU-regulated jurisdiction).
👉 Explore secure crypto trading options
FAQ Section
Q: How long do Changelly transactions take?
A: Typically 5–30 minutes, depending on network congestion.
Q: Can I use Changelly in the United States?
A: No. The platform restricts US users due to regulatory compliance.
Q: What’s the minimum transaction amount?
A: Varies by cryptocurrency; check the "Processing" page for details.
Q: Are there alternatives to Changelly?
A: Yes. Platforms like 👉 OKX offer similar swaps with added features like staking.
Final Verdict
Changelly excels for quick, no-fuss crypto swaps but has geographic and fiat limitations. Ideal for:
- Traders seeking instant altcoin exchanges.
- Wallet users avoiding centralized exchanges.
For beginners: Start with small test transactions to gauge speed and rates.
For advanced users: Leverage API integrations for automated trading.
Need deeper liquidity? Compare rates with 👉 top-tier exchanges.