Changelly

Changelly is one of the largest instant crypto exchanges in the market. It offers an easy way to buy and exchange more than 170 coins. Normally, no verification is required but the exchange might request it if a transaction seems to be suspicious. 

Pros of Changelly

• Aggregated liquidity and rates
• Bank cards are accepted
• Own marketplace for buying crypto
• Non-custodial services
• Integrated with many wallets and exchanges 

Cons of Changelly

• Account registration/KYC is needed to use fiat
• No wallet provided
• Exchange limits
• KYC might be required in some cases 

Main Features

Competitive rates. Changelly is integrated with multiple crypto exchanges and selects the most convenient rate across all these platforms for every swap.

Fixed and floating rates. You can choose a fixed rate to avoid changes in the amount to receive. This comes at the expense of a higher fee.

Low fees. Changelly claims to have the industry lowest 0.25% fee for crypto-to-crypto swaps.

Bank cards are accepted. You can use bank cards to buy cryptocurrency on Changelly. To do so, you need to register a user account.

The platform offers non-custodial services. You are the only one who manages your private keys and funds. It means an additional security level.

An integrated marketplace. You can use Changelly’s own marketplace, Changelly Buy, to purchase crypto. 

Fees

According to the platform’s website, Changelly charges a flat 0.25% fee for crypto-to-crypto swaps at floating rates. The total fee for crypto-to-fiat transactions is 5%.