According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- TradingView
- Many crypto-crypto pairs, no fiat, no referral program and investment solutions for individuals, an extensive training program and blog analytics, low commissions on trading operations, high security and protection of client data and funds
Our Evaluation of Changelly
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Changelly is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.81 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Changelly clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The Changelly cryptocurrency exchange is distinguished among competing companies with low commission fees, high work stability, comprehensive training programs, regular blog posting of high-quality analytical materials. The platform provides customers with a free multicurrency wallet with an integrated exchanger, and transactions are performed instantly. Replenishment is possible directly from bank cards. Several dozens of cryptocurrency-to-cryptocurrency pairs are available for trading. The exchange offers favorable terms for partners; software solutions and advertising materials are transferred to them. No technical problems, bugs, or vulnerabilities have been identified
Brief Look at Changelly
The Changelly exchange provides access to dozens of cryptocurrencies and tokens for private trading. You can find here pairs with Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), DOGE (D), Ripple, and other assets. There are no fiat funds on the site. Trading is carried out through the standard browser trading terminal TradingView, which allows three tariff plans – Start, Trader, and Pro. The maximum commissions for the Start plan are 0.1% (fixed) for the taker/maker, which is one of the lowest in the segment. The website doesn’t have investment solutions and referral programs, but an affiliate program for legal entities has been implemented, which allows you to earn 50% of commissions on all transactions made through the platform and 30% from commissions on conversions from fiat. The cryptocurrency exchange regularly holds contests with cash prizes among traders.
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- variety cryptocurrencies and coins are available;
- high transaction speed;
- there is a quick exchange service in addition to the exchange;
- one of the lowest commissions in the segment;
- profitable program for exchange partners;
- free multi-currency wallet
- the list of altcoins is regularly updated;
- Comprehensive tutorial and analytics.
- there are no pairs with fiat funds;
- There is no private investment.
TU Expert Advice
Financial expert and analyst at Traders Union
The Changelly platform was launched in 2015. The exchange got its current form in 2017 after a total rebranding and expanded functionalities. The headquarters are located in Hong Kong. The company operates officially and is licensed to conduct financial activities. It is subject to the PRC legislation.
As of 2021, Changelly has not been noticed in financial fraud, and there have been no cases of fraud or default on obligations to customers. The platform focuses on users from all over the world; therefore, it doesn’t impose restrictions on individual regions. It is characterized by high operations stability and a level of safety that meets advanced standards.
The platform offers a typical trading terminal in a browser and a proprietary mobile application for iOS and Android systems on its terminal. During testing, the experts didn’t reveal any vulnerabilities, bugs, or errors in the trading software. The interface is intuitive, and present are all the indicators for basic technical analysis. An exchanger is integrated into the platform.
All the major options for depositing and withdrawing funds, including bank cards, are present. The exchange provides its clients with a free cryptocurrency wallet with profitable commissions. Trading commissions are among the lowest in the segment, and the maximum commission is fixed at 0.1% for taker and maker. Please note that there are special commissions for margin trading.
The site has a high-quality training system and a regularly updated blog. The platform is developing and there is an open listing. The lack of solutions for private investors (for example, staking) is always considered a disadvantage. The exchange focuses on cooperation with large legal entities that are associated with a blockchain. In terms of trading, it is suitable for traders of all levels without restrictions.
Changelly Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | TradingView in browser |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies |
| 💵 Deposit / Withdrawal: | Bank cards, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | 1$ |
| ⚖️ Leverage: | 1:1 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Spot: 0,25%-0,25% |
| 🔧 Instruments: | 500 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | No |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | n/a |
| ⭐ Trading features: | Many crypto-crypto pairs, no fiat, no referral program and investment solutions for individuals, an extensive training program and blog analytics, low commissions on trading operations, high security and protection of client data and funds |
| 🎁 Contests and bonuses: | Yes |
Go through the registration procedure to start trading on the Changelly cryptocurrency exchange. After that, you will become a client of the exchange and get the Start tariff, which has some restrictions. In particular, commissions for you are always 0.1%, they cannot be reduced. After passing the verification and confirmation of identity, you can get the status of Trader or Pro. The full functionality of the platform is open to these tariffs. Please note that the exchange doesn’t provide leverage. This means you can only rely on your financial assets. Technical support is provided by a ticket system, and you can also write to managers by email (indicated in the "Contacts” section). The table below shows the main exchange trading terms.
Changelly Key Parameters Evaluation
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Regulation and safety
Changelly received a score of 2.75/10, indicating a low level of security and regulatory compliance. This suggests that the platform may lack essential protections, and users should exercise extreme caution.
- No successful hacks history
- 2FA
- Cold wallet storage is not mandatory
- No investor protection fund
Changelly Security Factors
We also compared Changelly against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Changelly | OKX | Kraken | |
| Tier-1 regulation | No | No | Yes |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | No | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | No | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is Changelly a regulated crypto exchange?
Changelly is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Changelly is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at Changelly?
KYC verification is not mandatory for opening an account and trading at Changelly. However, unverified accounts have certain limitations, such as lower withdrawal limits and restricted access to certain features.
In which countries is Changelly available?
Changelly complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Bangladesh, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Changelly support.
Is Changelly available in the USA?
Yes, Changelly is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Changelly commissions and fees
Changelly received a 5.2/10 score for its trading fees. While Changelly is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- No deposit fee
- Spot fee above industry average
What are Changelly trading fees?
We analyzed Changelly’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Changelly trading fees vs competitors
| Changelly | Nexus Trade | Paxful | Industry average | |
| Spot, maker fee (%) | 0,25 | 0,22 | 0 | 0.15 |
| Spot, taker fee (%) | 0,25 | 0,22 | 0 | 0.194 |
What are Changelly deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,0005 BTC 0,003 ETH |
Does Changelly offer P2P trading?
No, Changelly does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
Changelly received a 8/10 rating for its deposit and withdrawal services. Changelly supports a wide range of payment methods with low or no fees, ensuring fast and convenient transactions.
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- Bank cards accepted for instant deposits
- Bank transfers for deposits and withdrawals
- No P2P transfer option
- No PayPal option
- Withdrawal fee applies
Deposit and withdrawal options
Changelly supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto, Advcash Wallet, Google Pay, Apple Pay.
Changelly Deposit and withdrawal options vs competitors
| Changelly | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | No | Yes |
What is Changelly minimum deposit?
The minimum deposit at Changelly is 1 USD/USDT or 1 BTC. The minimum trade size is 0,1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Changelly minimum deposit vs competitors
| Changelly | OKX | Kraken | |
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 1 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 0,1 | 0,00001 | 1 |
Does Changelly support fiat money?
Changelly supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Changelly received a score of 4.5/10 in this category, indicating a modest offering of assets and markets. While Changelly covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- 500 supported coins
- NTFs not available
- Crypto options not available
Changelly supported coins and markets vs competitors
We compared Changelly with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Changelly | OKX | Kraken | |
| Supported coins | 500 | 329 | 278 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | Yes | No |
| NFTs | No | Yes | Yes |
Changelly passive income options vs competitors
We also compared Changelly with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Changelly received a score of 6/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- App data protection with 2FA
- Android app score 4,6
- Positive user feedback on the iOS app
- Advanced tools and automation with API
- No standalone desktop access
- Advanced orders not available
- No access to Copy Trading
Trading apps
Changelly provides web and mobile apps for both Android and iOS users, with an average rating of 4,6 on the App Store and 4,6 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Changelly platform is for mobile use.
| Changelly | Bybit | |
| 2FA | Yes | Yes |
| Face ID | No | Yes |
| Mob Indicators | Yes | Yes |
| Alerts | No | Yes |
| Advanced Orders | No | Yes |
| Trading with bots | No | Yes |
| API | Yes | Yes |
| Extra trading platforms | No | MT4 |
Does Changelly offer a desktop app?
No, Changelly does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Changelly offer advanced charting with TradingView integration?
No, Changelly does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Foundation date | 2015 |
|---|---|
| Registration address | Valletta, NA - Malta, Malta |
| Official site | https://changelly.com/ |
| Contacts |
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