Changelly Review 2025

Changelly is a swap platform for 500+ Altcoins, partnering with various wallets, including Exodus, Ledger, Trezor, and Tonkeeper. You can trade up to 10,000 EUR in 48 hours by just providing your Passport.

Changelly (The Exchange Background and Its Regulatory Status)

Changelly, founded in 2015, has 3 offices, 80+ employees, and 350+ API partners. Headquartered in Kingstown, St. Vincent and the Grenadines, the exchange receives more than 2 million monthly visitors.

A cryptocurrency exchange with more than 7M users globally

The platform takes a hybrid approach to the crypto market, blending centralized and decentralized solutions. Key features of Changelly:

• Two main versions: Changelly for casual traders and Changelly Pro for professional traders
• Lacks licenses from major financial authorities
• Employs a non-custodial approach, enhancing security by eliminating counterparty risks
• Supports over 500 cryptocurrencies
• Provides 24/7 customer support via live chat and email

Changelly does not mandate users to pass the KYC verification for trading cryptocurrencies, which might be an important benefit for some users.

Changelly Founder

Konstantin Gladych is the founder and ex CEO of the Changlly exchange. He is currently residing in Tallinn, Estonia, and is the current CEO of Atomic cryptocurrency wallet. Konstantin Gladych also has a Ph.D. in data mining and machine learning.

Check the Konstantin Gladych LinkedIn account to learn more about this entrepreneur.

Changelly Specific Features

While Changelly's regulatory status might raise eyebrows for some, its non-custodial nature and clean security record have helped it maintain a positive reputation in the crypto community. Let’s take a quick look at what the exchange has to offer.

Changelly Advantages and Disadvantages

A strong focus on providing swap services by combining centralized and decentralized technologies makes the Crypto exchange a good ecosystem for crypto enthusiasts. However, like any other platform, Changelly, too, has some downsides.

Changelly Exchange User Levels

At the time of writing this Changelly review, the exchange hasn’t implemented any user levels or volume-based tiers to offer competitive fees as incentives.

Changelly Fees and Commissions

While Changelly only supports crypto buy, sell, and exchange with a fee of up to 0.25%, its pro version, Changelly Pro, offers Futures market and Margin trading with costs ranging from 0.0% to 0.1%.

Available Coins on Changelly

The exchange offers a vast array of cryptocurrencies (500+), catering to diverse investor needs, including:

• ETH
• XRP
• BTC
• USDT
• SOL
• TRX
• DOGE
• USDC
• PEPE

Does Changelly Offer Margin and Futures Trading

Changelly doesn’t directly provide Margin and Futures trading. However, its Pro version offers leveraged trading with up to 1:100 leverage.

The liquidation fee of these contracts on Changelly Pro is 0.5% of the position’s value.

Changelly Registration and KYC Verification

While the Changelly registration process is pretty easy, it contains a two-level KYC procedure. A Passport is enough to pass the Basic KYC and trade up to 10,000 EUR per 48 hours.

However, the Advanced KYC includes a Face-to-Face recognition call, additional IDs, and signing an additional contract.

#1 Start from the Official Website

Go to the Changelly homepage and click on “Sign in”.

To begin registration, choose the “Open an Account” button and proceed to the login method.

#2 Provide a New Email Address

Select “Continue with Email” and enter a valid, unused email address.

This step is essential since each account must be linked to a unique email.

#3 Confirm Your Email

Check your inbox and locate the verification message from Changelly. Click the link inside to confirm your email and activate the account.

#4 Retrieve Login Credentials

In a follow-up email, you'll receive your auto-generated password. These credentials allow full access to your personal dashboard and crypto services.

#5 Verify Your Identity

Submit the required documents and IDs based on the desired level of KYC to verify your identity with Changelly.

How To Trade on Changelly

Since Changelly is a non-custodial exchange, trading on it is easier than trading on many other centralized exchanges.

Buy Crypto

To buy your favorite crypto on Changelly, follow these steps:

• Choose Your Trading Pair: Pick the cryptocurrency pair you want to exchange, such as BTC/ETH or USDT/BNB, to set up your swap;
• Provide Your Wallet Address: Enter the destination wallet address where your exchanged crypto will be delivered securely;
• Complete the Payment: Transfer the cryptocurrency you’re exchanging to the wallet address displayed on the platform;
• Receive Your Funds: Track the transaction in real time and wait for your newly exchanged coins to arrive in your wallet.

Sell Crypto

To sell your coins, follow this easy process:

• Select Your Trading Pair: Choose the pair that matches the asset you want to sell, for example, BTC/USDT or ETH/BNB, to initiate your trade;
• Enter Your Wallet Address: Provide the secure wallet address where you’d like to receive the proceeds from your crypto sale;
• Send Your Coins: Transfer the cryptocurrency you’re selling to the platform’s designated wallet address shown on your screen;
• Get Paid Instantly: Follow the live status of your order and receive the exchanged funds directly in your wallet once the sale is completed.

Changelly App and Platform

Changelly offers its services through a web-based platform and a comprehensive mobile app available for various devices, including:

• Changelly Android
• Changelly iOS

Changelly Services

Changelly provides various services that distinguish it from other exchanges.

The referral is an excellent service from this broker, which traders can use to earn passive income.

Changelly Exchange Security

The platform boasts a clean track record with no successful hack attempts since its inception in 2015. Its non-custodial nature and advanced encryption significantly contribute to this success.

• Two Factor Authentication (2FA)
• Whitelist wallets
• Decentralized

Changelly Funding and Withdrawals

The exchange offers a wide range of funding and withdrawal options, enabling investors to buy crypto with 50+ fiat currencies and other crypto assets.

Fiat payments are processed through MoonPay, Switchere, Simplex, etc.

• Credit/Debit Cards: Visa and MasterCard
• Bank Transfer: SEPA
• eWallet: Google Pay, Apple Pay, PayPal, and Revolut
• Crypto: Over 500 cryptocurrencies

Changelly User Satisfaction

Trust score is one of the most important topics in this Changelly review. The ecosystem has garnered generally positive feedback on online platforms. Changelly's TrustPilot page indicates the platform as a great exchange with a score of 4.0/5 based on 3,766 comments.

Changelly Features

This section provides a table of additional features and services available at Changelly:

Changelly Bonus

The Changelly exchange offers only one promotion, as listed in the table below.

Changelly Welcome Bonus

New users on the Changelly app receive a $50 welcome bonus to cover service fees. The offer can be claimed through the iOS or Android app after registration.

Changelly Promo Codes

Traders can get up to $500 discounts on Changelly by applying promo codes during the change process.

Changelly Exchange Customer Support

The platform provides 24/7 support through two main channels, including email and live chat.

Changelly Exchange Geo-Restrictions

While the ecosystem strives to serve a global clientele, it implements restrictions in providing services to certain regions and countries, including:

• United States of America
• Puerto Rico
• American Samoa
• Guam
• Northern Mariana Islands
• The US Virgin Islands
• Croix
• John and St. Thomas
• Iran
• North Korea

Changelly vs. Other Exchanges

Here, you can have a better perspective of the platform's preferences and options in comparison with top candidates:

Writer's Opinion and Conclusion

Changelly provides 330,000+ crypto trading pairs with fees of up to 0.25%. The ecosystem offers various API solutions supporting 100+ fiat currencies and 3600+ DeFi tokens.

Changelly exchange has a trust score of 4.0/5 on Trustpilot, and it takes a non-custodial approach to users’ funds. It also offers Changelly Pro, a centralized exchange with leverage of up to 1:100.