Changelly is an extremely useful cryptocurrency exchange service that offers extremely low fees and makes for easy crypto asset trading with no registration required. Changelly is more of an exchange service than a classic exchange, as they hold no funds or assets for you, they simply act as a middleman. Changelly’s trading algorithm is integrated into the largest cryptocurrency exchange platforms, including Binance, Poloniex, Bittrex, etc.
In the span of milliseconds, Changelly makes bids on the platform, then suggests the best available rate and displays the approximate amount you will receive. After you provide the destination wallet address, you simply have to log in or sign up to save the transaction history and you will receive your crypto in your wallet within minutes. They also provide options for buying crypto with a debit or credit card through their partners.
By: Evan Jones | Apr 30, 2020 | Modified Jun 24, 2020
|Bank Transfer||Yes||EU only||Yes||Yes||Up to 3 business days|
In order to use Changelly’s exchange service there is no sign-up required. However, if you would like to keep track of your transaction history you can create an account:
If you are planning to use a credit card to purchase cryptocurrency through Changelly it is a more difficult process that requires identity verification:
Changelly supports the crypto exchange of over 150 cryptocurrency tokens and assets including but not limited to:
For a full list of Changelly’s supported cryptocurrencies click here.
Changelly is extremely safe. For performing crypto exchanges it is extremely safe because they do not hold your cryptocurrency in a wallet, they simply take your deposited funds/assets, exchange them for your desired crypto, and then deposit them in your own wallet. This is not something that can be hacked like a traditional exchange. So as long as you are using a secure software or hardware wallet to which you hold the keys, the only risk is user error (entering the wrong deposit address for example).
Click here for our recommended crypto wallets.
Changelly has an easy to use desktop website as well as an iOS and Android mobile app.
Changelly is a non-custodial exchange service meaning they do not hold your funds in a wallet, they simply take the funds you send them and perform your desired transaction, depositing the funds at your wallet address. The process begins and ends at wallets that you control.
Changelly has one of the most reasonable rates for fees at a flat rate of 0.25% for crypto exchanges and is highly recommended for this purpose. However the fees charged for purchasing crypto using your credit card total over 5% and there are many other sites that offer better rates for purchasing crypto directly with fiat. Click here for our recommendations.
Changelly is based in Prague, Czech Republic.
That depends on what you consider “a deal”.
The exchange offers fixed or floating exchange rates:
Fixed exchange rates mean that the rate you see is guaranteed for 15 minutes meaning the final amount you receive will not change.
Floating exchange rates mean that the rate could change during the transaction, which could result in you getting more or less crypto than expected from the exchange.
The average Changelly transaction takes 5-30 minutes to complete. This is also affected by how quickly you deposit the funds required for the transaction.
Yes! Changelly is available to Americans.
No, Changelly does not have a wallet. It is a non-custodial exchange service meaning they do not hold your funds in a wallet.
Yes! Changelly support is available 24/7 through live chat support. They also have a very comprehensive help page.
Yes! You can buy Monero and over 150 other cryptocurrencies on Changelly.