Before you exchange one crypto for another, you first need to set up your receiving crypto wallet to store it in. Read How To Set Up A Wallet to help you do that. Pay particular attention to the blue box that explains how to get your crypto wallet address (Public Key). Once you have your new crypto wallet address, come back here, and read on.
Quick and Easy
One way to exchange one cryptocurrency for another is using an exchange. Check out our reviewed exchanges. If you don’t have an exchange account, you can use the Changelly exchange portal.
Changelly exchange is one of the most popular and trusted cryptocurrency exchanges in the industry with some of the lowest fees at 0.25% per crypto to crypto transaction. They boast the fastest transaction times and an algorithm that selects the best rate on the market.
- Google changelly.com
- Choose your “You Send” cryptocurrency
- Choose your “You Get” cryptocurrency
- Enter the amount you wish to Send
- Click “Exchange“
- If you are asked to login or register, it only takes a minute
- Enter your wallet address where you are sending the new crypto and click Continue
- Then copy the Changelly wallet address provided and use it to send the original currency to
Once you send the crypto you want to exchange to the Changelly wallet address, you’re done, but always follow the onscreen instructions provided. There may be additional steps to follow.
Blockchain transactions can take anywhere from 3 to 30 minutes depending on the network. After the transaction has completed, you will find your new crypto in your wallet.
Note: It is very important that you use the correct wallet addresses. For example, if you are receiving Ethereum, ensure you provide an Ethereum wallet address.
Still have questions? Check out our live courses where we hand hold you through the process.
