Our Score
Changelly.com Review
User Review
Summary

Changelly is a non-custodial instant cryptocurrency exchange, which means that no users’ funds are placing in the service. Changelly acts as an intermediary between crypto exchanges and users, offering access to 150+ cryptocurrencies. The company mission is making the exchange process effortless for everyone who wants to invest in cryptocurrency. Operating since 2015, the platform and its mobile app attract over a million visitors monthly who enjoy high limits, fast transactions, and 24/7 live support.

Overall
95
Pros
  • Best rates on the market
  • Transparent 0.25% fee
  • 5-30 min transactions
  • 24/7 live chat support support
Cons

What is Changelly?

Changelly is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. The service provides the best crypto-to-crypto rates and supports over 140 cryptocurrencies available for exchange.

Your simple access to crypto

Mobile app

  • Best rates on the market
  • High limits
  • No verification for exchange transactions
  • More than 150 cryptocurrencies
  • Buy bitcoin | buy crypto with USD, EUR or GBP

How does Changelly work?

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 and asks on the platforms, then selects and suggests the best available rate and displays the estimated rate on our site. The rates remain approximate until the transaction is actually made on the blockchain, which is why the exchange rate at the time of a transaction may differ slightly from the estimated rate that you see when you begin a transaction.

Does Changelly fix rates?

Both Changelly website and Changelly mobile apps offer users a way to avoid exchange rate risk during the transaction interval.

To lock the rate, (which Changelly refreshes every 30 seconds), click on the lock icon – that will activate the “fix rate” feature and guarantee the rate displayed on the screen. As soon as the transaction is created, a user has 15 minutes to send the money.

Alternatively, users can exchange crypto-to-crypto at floating rates, for which Changelly charges the industry-wide lowest 0.25% fee.

What is a fixed exchange rate

The fixed exchange rate is a rate that matches the one displayed to the user at the beginning of the exchange, independently from any further rate volatility. Hence, when exchanging crypto at a fixed rate, you always know the amount you will get from the very start of the exchange.

Why should I trust you?

Changelly is one of the most prominent instant cryptocurrency exchanges that has gained the trust of more than 2M users from all over the world. The service provides safe and fast transactions without revealing users identities. We provide the best possible rates by comparing a wide range of reliable trading platforms and work with a list of 140+ cryptocurrencies that is constantly increasing.


Further reasons to trust Changelly:

  • No deposit storage.
  • Instant exchange.
  • Each account is protected with 2-factor authentication and an HTTPS protocol.
  • More than 2 million satisfied users.

What is the maximal/minimal amount?

Changelly doesn’t have set amount restrictions. However, there are some cases when a minimum amount applies:

If an amount is very low, make sure that it will cover all costs required by a blockchain. This means that the amount you are going to send and the amount you are going to receive should be enough to cover input and output network fees taken by a blockchain.

If your funds to be exchanged are insufficient, you will see a message like this.

Why do I need to enter my email?

Your email is required to create an account that grants you access to your transaction history, password editing and other account settings. Alternatively, you can create an account using an already-existing Facebook or Twitter.

 

Good Support

There are two options for users to contact SmartMixer for support questions. Users can contact them through email and through telegram. The more advisable way of contacting the platform for any questions or problems on your transactions is through Telegram as it has a really good end-to-end encryption feature that safekeeps your conversations. Support usually responds within 24 hours, a pretty good response time across the industry.

Indacoin Limitations and Fee

UK, Canada, and Australia – $200 limit for the first transaction, the next purchase could be made in 4 days (500$ limit), $3000 after 7 days of the first buy. No more than 3 payments within the first week. No limits in one month at all.

CIS region (Russia/Ukraine/Belarus/Kazakhstan/Armenia/Georgia) – $1000 limit for the first transaction. The next limit increase could be done in 24 hours. The total limit for the first week is $3000 and for the first month is $10000. No limits in one month at all.

EU and other countries – $500 limit for the first transaction, the next purchase could be made in 4 days with a 1000$ limit. No more than 6 payments within the first week. No limits in one month at all.

 

Changelly and Indacoin charge a total fee of 10%