When it comes to trading or exchanging cryptocurrencies, users have a wide variety of platforms to choose from. Among these are Bittrex and Changelly — two well-known names in the crypto exchange landscape. This article provides a detailed comparison of Bittrex vs Changelly Exchange, covering their history, core features, technologies, user experiences, and overall strengths and weaknesses. Whether you're a seasoned trader or a curious beginner, understanding how these platforms differ can help you make more informed decisions.
Company History and Foundation
Bittrex was founded in 2014 by cybersecurity professionals Bill Shihara, Richie Lai, and Rami Kawach. Based in the United States, the platform quickly gained recognition for its strong emphasis on security, regulatory compliance, and a wide range of altcoin listings. Over the years, Bittrex expanded globally and even launched a separate platform called Bittrex Global, targeting non-U.S. customers after facing increasing regulatory constraints in its home country.
Changelly, on the other hand, was established way back in 2015 as a non-custodial instant cryptocurrency exchange. While Bittrex has users deposit coins on their site, Changelly does not. It exists as an intermediary, however, so users can quickly exchange their cryptocurrencies at float or at established rates easily. The site is operated by a Prague-based group and has become very successful as far as convenience is concerned, including how it can accommodate beginners and integrate with wallets and other services.
Both companies were early entrants in the crypto exchange space, but they cater to different types of users and use cases — one as a traditional trading exchange and the other as a swapping service.
The Platforms' Modus Operandi
Bittrex is a centralized exchange. Users sign up for an account, do Know Your Customer (KYC) verification, and fund their account to trade on a variety of markets. The site accommodates limit and market orders and has an interface designed with traders experienced with charting tools, order books, and trade pairs in mind.
Changelly provides a non-custodial, instant exchange service. Users don’t need to register or hold assets on the platform. Instead, they select the currency they want to swap, provide a receiving address, and let Changelly handle the backend of the transaction through liquidity partnerships with multiple exchanges. This process is seamless but comes with higher fees compared to traditional trading platforms.
Although Bittrex has a feature-rich platform, Changelly makes converting cryptocurrencies a cinch and is ideal for one-off rapid conversions.
Supported Assets and Trading Pairs
Bittrex has hundreds of cryptocurrencies and trading pairs under its belt. Its enduring history of listing altcoins has established it as a one-stop shop for traders looking to gain exposure into fresh projects. The exchange also has fiat trading pairs such as USD and EUR, which enable users to get into and out of the crypto markets with conventional currencies.
Changelly also supports a wide range of cryptocurrencies, although it typically offers fewer trading pairs than Bittrex. Its focus is on quick conversions, and it supports major assets like BTC, ETH, USDT, and various altcoins. Changelly has also integrated fiat-to-crypto and crypto-to-fiat services via third-party providers, enabling users to buy crypto with credit cards.
The contrast lies between depth and accessibility: Bittrex has greater market variety and active trader tools, whereas Changelly embodies a focus on ease of use rather than complex trades.
Fees and Pricing Models
Bittrex imposes a flat 0.25% trading commission on all buy and sell transactions. That is pretty uncomplicated, albeit not the lowest of industry rates. It also imposes withdrawal rates based on cryptocurrency. For fiat, Bittrex allows wire transfers and ACH in regions of support, charging bank-method-dependent fees.
Changelly’s fee arrangement is less revealing. It charges about 0.25% for floating-rate trades, but the actual expense can be greater because of the differential between input and output rates. Those using a fixed-rate can pay a modest extra premium. Credit and debit card purchases incur their own charges by Changelly’s payment services, a third-party arrangement that can escalate the purchase expense appreciably.
In general, Bittrex offers improved fee disclosure and reduced rates for active traders, whereas Changelly’s convenience can be a costly proposition for rapid conversions.
Security and Regulation
Security is one of Bittrex’s main differentiators. Boasting a founding team of ex-Microsoft and Amazon security engineers, the platform uses multi-stage wallet strategies, cold wallet storage, two-factor authentication, and whitelisting of visitors based on their IP addresses. Bittrex is also a leader in proactive compliance with regulations based within the U.S., both a strength and a weakness as this will limit services accessible to Americans.
Changelly, being non-custodial, never holds user funds. This significantly reduces the risk of large-scale hacks. Transactions are processed in real time, and assets are sent directly to the receiving wallet. That said, when using fiat services or engaging in high-volume exchanges, users may need to pass KYC verification through third-party providers.
In other words, Bittrex provides centralized, holistic security, whereas Changelly’s non-custodial model eliminates custody risk but must rely on external partners during fiat transactions for security.
User Experience and Interface
Bittrex offers a professional-grade interface. Users have access to advanced trading charts, real-time order books, customizable dashboards, and multiple order types. However, this may feel overwhelming to newcomers who are just getting started with crypto trading.
Changelly, in contrast, focuses on simplicity and speed. The user interface is clean, intuitive, and optimized for quick transactions. There’s no need to manage wallets on the platform or learn trading terminology — users just pick coins, enter addresses, and initiate a swap.
For advanced traders, Bittrex is providing enhanced flexibility and control. In situations of short-term conversions or beginners, Changelly’s streamlined experience wins out.
Accessibility and Customer Support
Both platforms provide multilingual support and detailed FAQ sections. Bittrex offers customer support via a ticketing system and has improved its response time over the years. However, users have occasionally reported slow resolutions during periods of high traffic.
Live chat support and email support are offered by Changelly. Owing to how straightforward its service is, many problems get quickly addressed. The site also offers a detailed status of swap processes and precise instructions on how to troubleshoot transactions.
Accessibility-wise, Changelly’s service is global, albeit with fiat services depending on what local regulations permit. Bittrex having a base in the USA has a greater amount of regional restrictions along with compliance layers which can influence a user’s access.
Pros and Cons
Bittrex
Large variety of tokens and trading pairs
Strong security and regulatory compliance
Advanced tools for professional traders
Steeper learning curve for beginners
Limited functionality in certain jurisdictions
Slower support compared to competitors
Changelly
Instant, hassle-free exchanges
No registration is needed for crypto-to-crypto transactions
User-friendly interface suitable for beginners
Higher fees, especially for fiat purchases
Limited trading functionality (no charting or order books)
Relies on third parties for some services
Frequently Asked Questions (FAQ)
Do I have to register on Bittrex or Changelly?
Bittrex demands a full registration of accounts as well as identification verification. Changelly supports anonymous crypto exchanges, yet demands KYC for fiat transactions or high-volume activity.
Which platform is safer?
Both services are secure in their own respect. Bittrex has strong centralized security. Changelly mitigates risk by having no custody of user funds. Yes, you can trade fiat currencies on both websites. Yes. Bittrex offers fiat deposit and withdrawal services in select areas. Changelly offers fiat purchases with integrated third-party services.
Does Changelly support frequent trades?
No, Changelly is suited for occasional trades. Active traders will prefer Bittrex because of lesser charges and sophisticated tools.
Company | ||
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User rating | 12 user review | 56 user review |
Cryptogeek rating | ||
Trust Score How it works |
12 user review | 56 user review |
Bittrex was founded in 2014 in Seattle, USA. There is also a Bittrex International division, which is based in Europe. The list of coins and pairs is reaching hundreds which is great for many trading opportunities.
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Despite a certain decrease in the popularity and demand for digital coins, many users continue to use them actively. This is favored by the specific features and capabilities of cryptocurrencies. Often there is a need to exchange one type of crypto for another coin. What to do? In this article, we will consider one of the best solutions for the cryptocurrency exchange - Changelly. Is it safe enough and worth trying? Is Changelly legal? Is Changelly scam? All of these questions will be answered in this article.
|
2014 | 2015 |
USA | Hong Kong |
Centralized | Centralized |
English, Russian, Chinese | English, Portuguese, German, Spanish, Korean, Russian, Traditional Chinese, Turkish, Hindi |
iOS, Android | iOS, Android |
Bittrex LLC Seafirst Fifth Avenue Plaza 800 Fifth Ave., Suite 4100 Seattle WA, 98104 | Fintechvision Ltd 7/F, Woon Lee Commercial Building, 7-9 Austin Ave, Tsim Sha Tsui, Kowloon, Hong Kong. |
30 Day Volume (USD) | Maker / Taker $0K - $50K 0.20% 0.20% $50K - $1M 0.12% 0.18% $1M - $10M 0.05% 0.15% $10M - $60M 0.02% 0.10% $60M+ 0.00% 0.08% Full fee schedule: https://bittrexglobal.zendesk.com/hc/en-us/articles/360009688359-US-Dollar-fiat-Trading-Deposits-and-Withdrawals https://bittrexglobal.zendesk.com/hc/en-us/articles/360012679299-Fiat-Euro-Trading-Deposits-and-Withdrawals |
Floating rate - 0.25% Fixed rate - No fee |
About |
Bittrex was founded in 2014 in Seattle, USA. There is also a Bittrex International division, which is based in Europe. The list of coins and pairs is reaching hundreds which is great for many trading opportunities.
|
Despite a certain decrease in the popularity and demand for digital coins, many users continue to use them actively. This is favored by the specific features and capabilities of cryptocurrencies. Often there is a need to exchange one type of crypto for another coin. What to do? In this article, we will consider one of the best solutions for the cryptocurrency exchange - Changelly. Is it safe enough and worth trying? Is Changelly legal? Is Changelly scam? All of these questions will be answered in this article.
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Founding Date | Founding Date 2014 | Founding Date 2015 |
Country | Country USA | Country Hong Kong |
Type | Type Centralized | Type Centralized |
Languages | Languages English, Russian, Chinese | Languages English, Portuguese, German, Spanish, Korean, Russian, Traditional Chinese, Turkish, Hindi |
Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
Full address | Full address Bittrex LLC Seafirst Fifth Avenue Plaza 800 Fifth Ave., Suite 4100 Seattle WA, 98104 | Full address Fintechvision Ltd 7/F, Woon Lee Commercial Building, 7-9 Austin Ave, Tsim Sha Tsui, Kowloon, Hong Kong. |
Fees |
Fees
30 Day Volume (USD) | Maker / Taker $0K - $50K 0.20% 0.20% $50K - $1M 0.12% 0.18% $1M - $10M 0.05% 0.15% $10M - $60M 0.02% 0.10% $60M+ 0.00% 0.08% Full fee schedule: https://bittrexglobal.zendesk.com/hc/en-us/articles/360009688359-US-Dollar-fiat-Trading-Deposits-and-Withdrawals https://bittrexglobal.zendesk.com/hc/en-us/articles/360012679299-Fiat-Euro-Trading-Deposits-and-Withdrawals |
Fees
Floating rate - 0.25% Fixed rate - No fee |
Bittrex trading volume is 19,637,933.0. The exchange has 356 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Changelly trading volume is 0. The exchange has 12 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
19637933 | 0 |
356 | 12 |
273 | 150 |
- | - |
Free | Depends on currency and volume |
Percentage | Percentage |
- | - |
Volume | Volume 19637933 | Volume 0 |
---|---|---|
Pairs | Pairs 356 | Pairs 12 |
Coins | Coins 273 | Coins 150 |
Fiat trading | Fiat trading - | Fiat trading - |
Deposit | Deposit Free | Deposit Depends on currency and volume |
Fees | Fees Percentage | Fees Percentage |
Margin | Margin - | Margin - |
Verified | Verified |
Two factor authentication | Two factor authentication | Two factor authentication |
---|---|---|
Verified | Verified Verified | Verified Verified |
international.bittrex.com | changelly.com |
@bittrexexchange | @Changelly_team |
772127 | 31400 |
Website | Website international.bittrex.com | Website changelly.com |
---|---|---|
Twitter @bittrexexchange | Twitter @Changelly_team | |
Number of followers | Number of followers 772127 | Number of followers 31400 |
User rating | 12 user review | 56 user review |
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Cryptogeek rating |
Selecting between Bittrex vs Changelly Exchange will largely boil down to what you're trying to achieve. Bittrex brings a feature-rich platform designed specifically for advanced traders searching for depth, control, and security. Changelly offers a seamless pipeline option suited for beginners and those wanting quick, one-time trades. If you prefer a full-featured experience with charts, order types, and broad token support, Bittrex is a good contender. If you prioritize fast swaps with minimal hassle of decentralized exchange interfaces, Changelly may be your preferred solution. Both play important roles within the crypto universe — each is appropriate depending on how you will interact with digital currencies.
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
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We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare Bittrex with Changelly. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Bittrex was founded in 2014 in USA. Changelly was founded in 2015 in Hong Kong.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Bittrex. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Bittrex is Centralized and Changelly is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bittrex has a mobile app available for iOS and Android. Changelly has a mobile app available for iOS and Android.
Bittrex has 3 languages available, including English, Russian and Chinese. Changelly has 9 languages available, including English, Portuguese, German, Spanish, Korean, Russian, Traditional Chinese, Turkish and Hindi.