Updated October 17, 2026 · HodlCue Editorial Team
Binance vs Changelly
Binance
Changelly
Higher score in this comparison
Where Binance and Changelly differ
| Compare | BinanceReviewVisitVisit | ChangellyReviewSee alternativesSee alternatives |
|---|---|---|
| Taker fee | 0.1%Lower | 0.25% |
| Coins listed | 490Higher | 32 |
| Proof of reserves | YesHas it | No |
| Regulators | Autorite des marches financiers (AMF), Commissione Nazionale per le Societa e la Borsa (CONSOB), Banco de Espana, Australian Securities and Investments Commission (ASIC), Thailand Ministry of Finance | Not confirmed |
| Fiat deposit methods | Not confirmed | Card, Bank, SEPA, Apple pay |
| Maker fee | 0.1% | Not confirmed |
| Withdrawal fee | Not confirmed | Variable network fee set by the partner exchanges and shown to the user when the transaction is created |
| Derivatives | Yes | Not confirmed |
Same on both: Exchange type (Cex).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Changelly scores higher overall: 8.7 vs 8.5.
- Proof of reserves: only Binance.
- Founded is lower at Binance: 2017 vs 2020.
- Taker fee is lower at Binance: 0.1% vs 0.25%.
- Coins listed is higher at Binance: 490 vs 32.
- Features: only Binance offers Staking.
- Features: only Changelly offers Self custody.
Our verdict on each
Binance
Binance operates as a centralized exchange with derivatives activity and published proof of reserves for custody clarity. Traders who prefer centralized custody with derivatives access in one venue may find its combined structure aligns with their approach to managing activity.
Changelly
Changelly suits buyers who want to swap coins quickly and keep self-custody, with a taker fee of 0.25% and a coin list of 32. The narrow coin list and the missing proof of reserves make it a weaker fit for long term holders.
Score breakdown
| Area | Binance | Changelly |
|---|---|---|
| Cost | Not confirmed | 8.7A taker fee of 0.25% sits at the category level of 0.25%, with a network charge on withdrawal on top. |
| Offer | Not confirmed | 9.4Coins listed reach 32 against a category level of 60, self-custody is on, and proof of reserves is not. |
| Trust | 8.5Higher | 8.3 |
How they place
| Ranking | Binance | Changelly |
|---|---|---|
| Crypto exchanges | 26 of 297 | 160 of 297 |
Every fact side by side
| Fact | Binance | Changelly |
|---|---|---|
| Features | Staking | Self custody |
| Legal entity | Binance Holdings Ltd. | Marella |
| Founded | 2017Lower | 2020 |
| Support channels | Not confirmed | Email, Chat, Help centre, Community |
Crypto earn
| Fact | Binance | Changelly |
|---|---|---|
| Custody | Custodial | Not confirmed |
Where each stands against the rest
| Fact | Binance | Changelly | Median |
|---|---|---|---|
| Taker fee | 0.1%below the median | 0.25%above the median | 0.15% |
| Coins listed | 490highest quarter | 32below the median | 76 |
| Maker fee | 0.1%at the median | Not confirmed | 0.1% |
Median across 219 listed providers.
Pros and cons
Binance
Pros
- Centralized exchange venue with derivatives activity under one roof
- Published proof of reserves gives clarity around held balances
Changelly
Pros
- A taker fee of 0.25% sits at the category level of 0.25%
- Self-custody is offered, a feature carried by 13.8% of services in the same category
- Fiat deposits run through card, bank and sepa, covering card and bank transfer alongside a mobile wallet route
Cons
- Proof of reserves is not offered, so there is no published attestation of balances to check
- The coin list of 32 sits under the category level of 60
- Withdrawal costs follow a network charge that moves with the partner exchange, so each send can differ
Who each suits
Binance
Who it suits
- Traders seeking centralized custody and derivatives access
- Holders who value published proof of reserves
Changelly
Who it suits
- Occasional buyers who want to pay by card or bank transfer and then move on
- Coin movers who prefer to hold coins in self-custody rather than on a platform balance
Who should look elsewhere
- Anyone who wants published proof of reserves: Changelly does not offer it, so Bitpanda or bunq are the ones to weigh
- Active traders who need a deeper coin list than 32, where Bitpanda lists from from 650
Current offers
Changelly
Current offer
Bonus
Welcome bonus in the Changelly mobile app
Offered in the Changelly app; no amount published on the page
Source, checked September 26, 2026
Questions about each
Binance
What does Binance cover as an exchange?+
Binance operates as a centralized exchange with derivatives activity under the same structure. Custody and order matching rest with the venue rather than self managed wallets. Published proof of reserves provides an extra custody signal for review.
How do derivatives fit within this service?+
Derivatives activity sits alongside spot style trading within the centralized venue. Positions and balances remain under venue custody throughout the process. Those interested should review structure and custody before deciding on use.
Changelly
What does Changelly charge to swap coins?+
The taker fee is 0.25%, close to the category level of 0.25%. Above that, withdrawals add a network charge that moves with the partner exchange, so the full cost of a round trip runs past the headline fee. Fees run 0.25% to 1.99% at bunq for comparison.
Does Changelly publish proof of reserves?+
Proof of reserves is not offered, so there is no published attestation of customer balances to check against. That matters more for anyone holding a balance on the platform for a long stretch, and it is a reason to look at services that do publish the figure. Buying and sending out promptly keeps the exposure short.
Other options to compare
Other matchups
Binance
Changelly