Changelly is a cryptocurrency exchange platform founded in 2015 and headquartered in Hong Kong. With its user-friendly interface, the platform caters especially to beginners.
One of Changelly's standout features is that it requires no registration or identity verification to start trading. All you need is an email address.
But that's not the only differentiating factor. Unlike traditional exchanges, Changelly operates more as a swap platform—it doesn't hold your coins in an on-platform account. Instead, it routes funds through partner exchanges and deposits them directly into your chosen crypto wallet. This allows seamless switching between cryptocurrencies without storing them on Changelly itself.
The platform is accessible via its website, mobile app, and third-party wallet integrations.
Trading on Changelly
Changelly supports over 150 cryptocurrencies, including:
- Bitcoin
- Ethereum
- XRP
- Cardano
- BitTorrent
👉 View the full list of supported cryptocurrencies
Key features:
- Instant swaps: Transactions typically complete in 5–10 minutes.
- Low fees: 0.5% trading fee (considered competitive).
- Flexible payments: Buy crypto with other cryptocurrencies or credit/debit cards (note: card purchases incur higher fees).
How to Start Trading on Changelly
- Set up a crypto wallet (e.g., TREZOR, Ledger, or Coinomi).
Create a Changelly account:
- Visit the Changelly website.
- Click "Sign Up" and enter your email.
- Confirm via the activation link.
- Log in and click "Continue to Exchange."
Security and Transparency
- No custody risk: Funds move directly to your wallet.
- Non-custodial: Changelly never holds your private keys.
FAQ
Q: Is Changelly safe?
A: Yes. Its non-custodial model minimizes exposure to hacks.
Q: What are the fees?
A: 0.5% per trade (+ card processing fees if applicable).
Q: Can I trade without KYC?
A: Yes, for small amounts. Larger transactions may require verification.
Final Thoughts
Changelly simplifies crypto investing with tools like APIs, payment buttons, and widget integrations. Despite being relatively new, it partners with major players like Binance and Bitrex.
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