Changelly has established itself as one of the most popular instant cryptocurrency exchange platforms since its launch in 2015. Designed for both beginners and experienced users, it offers a fast, secure, and user-friendly way to swap or purchase digital assets. This in-depth review explores how Changelly works, its fee structure, supported cryptocurrencies, security practices, and more—helping you decide if it’s the right platform for your crypto needs.
What Is Changelly?
Changelly is a non-custodial cryptocurrency exchange that enables users to instantly swap between over 150 different digital currencies. Unlike traditional exchanges, it doesn’t require account creation for basic transactions, making it ideal for quick, one-off trades. The platform is owned by Fintechvision Ltd, a Hong Kong-registered company, and operates from Malta.
One of Changelly’s core strengths is simplicity. It abstracts away the complexities of blockchain trading, allowing users to convert crypto assets with just a few clicks. Whether you're exchanging Bitcoin for Ethereum or buying crypto with a credit card, Changelly streamlines the process without sacrificing reliability.
👉 Discover a faster way to exchange crypto with low fees and high security.
Key Features of Changelly
Instant Crypto Exchange
The platform’s flagship feature is its instant exchange service. Users can convert between supported cryptocurrencies in under 30 minutes. Transactions are processed through Changelly’s network of partner exchanges, ensuring competitive rates and fast execution.
Mobile App Access
Changelly offers dedicated apps for both Android and iOS devices, enabling on-the-go trading. The mobile interface mirrors the desktop version, maintaining ease of use across platforms.
Changelly Pro: Advanced Trading
For more sophisticated traders, Changelly Pro provides limit orders, market orders, and margin trading with up to 10x leverage across 13 markets. This separate platform caters to active traders who want greater control over their trades.
Affiliate Program
Users can earn 50% of the revenue generated by referrals during their first 90 days. Changelly supplies promotional tools to help affiliates maximize their reach—ideal for content creators and crypto enthusiasts.
API Integration & White-Label Solutions
Developers and wallet providers can integrate Changelly’s exchange functionality via API. The company also offers white-label solutions that can be deployed within three days, complete with technical support.
How Does Changelly Work?
Using Changelly is straightforward:
- Select the cryptocurrency you want to exchange and the one you’d like to receive.
- Enter the amount.
- Provide your receiving wallet address.
- Send your crypto to the unique deposit address generated by Changelly.
- Once confirmed, the exchanged funds are sent to your address.
No account is needed to start, but creating one allows access to transaction history and enhanced features.
For fiat purchases, users can buy crypto using Visa, Mastercard, Apple Pay, or bank transfer (availability varies by region). EU residents can also sell Bitcoin for EUR via SEPA transfer.
Changelly Fees Explained
Transparency is a major advantage of Changelly. Here’s a breakdown of its fee structure:
Crypto-to-Crypto Trades: 0.25%
A flat 0.25% fee applies to all instant swaps—down from 0.5% since August 2019. This fee is already included in the quoted exchange rate, so there are no hidden charges.
Fiat-to-Crypto Purchases: 5%
Buying crypto with fiat incurs a 5% fee, which Changelly claims is among the lowest in the industry. This rate is consistent regardless of currency or location.
Changelly Pro Fees
Pro users are subject to a maker-taker model with volume-based discounts:
- Base fees: 0.1% (taker) and 0.1% (maker)
- High-volume traders (over 80,000 BTC in 30 days) enjoy fees as low as 0.05% (taker) and 0.03% (maker)
Account verification is required to unlock volume discounts.
Withdrawal Fees
While standard Changelly transactions don’t involve withdrawal fees (since funds go directly to your wallet), Changelly Pro charges:
- 0.0004 BTC for Bitcoin withdrawals
- 4 USDT for Tether (USDT) withdrawals
These fees help cover blockchain network costs.
👉 Compare real-time crypto exchange rates and save on every trade.
Supported Deposit & Withdrawal Methods
Changelly supports a wide range of options:
- Cryptocurrencies: Over 150, including BTC, ETH, XRP, BNB, DOGE, and stablecoins
- Fiat Payments: USD, EUR, GBP via credit/debit cards (Visa, Mastercard), Apple Pay, and bank transfers
- Fiat Payouts: EU users can sell BTC for EUR via SEPA
Note: The platform is non-custodial—users don’t store funds on Changelly. Each transaction uses a new address pair for enhanced security.
Security & Safety Measures
Changelly prioritizes user safety through multiple layers:
- SSL Encryption: All data transmissions are encrypted
- Non-Custodial Model: Funds never sit on Changelly’s servers, reducing hack risks
- Optional 2FA: Users can enable two-factor authentication for account protection
- KYC Enforcement: Applied selectively via risk-based systems to prevent fraud
Despite operating for nearly a decade, Changelly has never been hacked, a rare achievement in the crypto space. It serves over 2 million users globally with a strong reputation for reliability.
KYC & Verification Requirements
Most transactions don’t require identity verification thanks to Changelly’s AML/KYC flexibility. However, if a transaction raises red flags—such as unusual size or behavior—users may be asked to:
- Upload a government-issued ID (passport or driver’s license)
- Provide proof of funds’ origin
- Submit additional documentation if requested
The verification process is typically quick and handled within minutes.
Frequently Asked Questions (FAQ)
Q: Is Changelly safe to use?
A: Yes. With no history of hacks and a non-custodial model, Changelly is considered one of the safer instant exchange platforms available.
Q: Do I need an account to trade on Changelly?
A: Not for basic swaps. However, creating an account gives you access to transaction history and affiliate earnings.
Q: Why are my exchange rates worse than other platforms?
A: While fees are low, Changelly may apply less favorable exchange rates compared to direct market trading. Always compare rates before confirming.
Q: Can I buy crypto with a credit card?
A: Yes. Users in over 30 countries can purchase crypto using Visa, Mastercard, or Apple Pay.
Q: Does Changelly support USDT?
A: Yes. Tether (USDT) is supported across multiple blockchains (ERC-20, TRC-20) for both deposits and withdrawals.
Q: What happens if my transaction gets stuck?
A: Most issues resolve automatically within 30 minutes. If not, customer support is available via 24/7 live chat.
👉 Start trading today with a secure and scalable crypto platform.
Final Verdict
Changelly excels as a fast, intuitive solution for users who want to swap or buy cryptocurrencies without the learning curve of traditional exchanges. Its global accessibility, minimal KYC requirements, and robust API integrations make it a favorite among casual traders and developers alike.
While its exchange rates may not always be the most competitive—especially for large trades—the convenience and speed often outweigh this drawback for many users.
Whether you're converting crypto on mobile or integrating exchange functionality into your app, Changelly remains a reliable choice in the evolving digital asset landscape.
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