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 has more than 2M+ monthly traffic.
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 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.
Exchange | Changelly |
Launch Date | 2015 |
Levels | None |
Trading Fees | Up to 0.25% |
Restricted Countries | United States of America (including all USA territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands, St. Croix, St. John, and St. Thomas) |
Supported Coins | 500+ |
Futures Trading | No |
Minimum Deposit | $5 |
Deposit Methods | Visa, MasterCard, Bank Transfer, Apple Pay, Google Pay |
Withdrawal Methods | Visa, MasterCard, Bank Transfer, Apple Pay, Google Pay |
Maximum Leverage | 1:1 |
Minimum Trade Size | variable based on the trading pair |
Security Factors | 2FA, Non-custodial, Whitelist wallets |
Services | DeFi Swap, API, Listing, Changelly Pro, Changelly PAY |
Customer Support Ways | Online Chat, Email |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | Market |
Native Token | None |
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 and Margin trading with fees 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 creating an account on the exchange is pretty easy, it contains a two-level KYC procedure. A Passport is enough to pass the Basic KYC and be able to trade up to 10,000 EUR per 48 hours.
However, the Advanced KYC includes Face to Face recognition call, additional IDs, and signing an additional contract. Steps to register on Changelly:
- Visit the exchange’s official website;
- Click the profile icon on the top right side of the page;
- Select “Continue with email”;
- Provide your email address;
- Click the verification link in your inbox.
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 donate a lot 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. TrustPilot has rated Changelly as a great exchange with a score of 4.0/5 based on 3,766 comments.
Changelly Exchange Customer Support
The platform provides 24/7 support through two main channels, including email and live chat.
support@changelly.com | |
Live Chat | Available on the official website |
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.
