TokenDaio Logo

TokenDaio

Home
/
Crypto news
/
Exchange news
/

Is changelly safe for large btc to eth swaps?

Changelly Sparks Concern | Users Sound Alarm on BTC to ETH Swaps

By

Daniel Kim

Jan 23, 2026, 04:06 PM

Edited By

Carlos Ramirez

Updated

Jan 24, 2026, 03:41 AM

Snappy read

A person using a Ledger wallet to swap BTC for ETH on Changelly, with a focus on security and reliability during the transaction.
popular

A surge of worry is hitting crypto traders about using Changelly for Bitcoin (BTC) to Ethereum (ETH) swaps. One user, eyeing a $30,000 transaction through Ledger wallets, is raising questions about safety and reliability.

Amid various user boards, the sentiment is clear: Changelly may carry significant risks. One user warns, "NO UNDER NO CIRCUMSTANCE EVER DO NOT USE CHANGELLY, THIS LEDGER PARTNER WILL SCAM YOU." This view is widely shared, with many recounting negative experiences.

Another user cautioned against large transactions, noting the lengthy Know Your Customer (KYC) and Anti-Money Laundering (AML) processes that can lead to frozen assets. They pointed out, "You can read about all the horror stories from people where this took a very long time or is still going on."

Interestingly, some users presented contrasting experiences. One user claimed, "I have used Changelly since 2017 and have NEVER had a single issue exchanging one crypto for another." However, they only swapped smaller amounts, which brings into question the reliability for larger transactions.

Key Issues Raised by Users

  1. Security Risks: Many comments emphasize potential scams, especially when using Changelly with Ledger wallets.

  2. KYC Challenges: There are major concerns about mandatory KYC delays, leading to frozen assets without adequate warnings.

  3. Mixed Experiences: Some users share positive experiences but caution that higher amounts could present significant issues.

"Changelly is dangerous, don’t give out bad advice."

User Sentiment

Users exhibit overwhelming skepticism toward Changelly:

  • "Please for the love of god stay away from Changelly."

  • "I’d do under $10k if I really had to, but $30k sounds like a KYC/AML amount."

  • "Too many horror stories to consider it for large swaps."

Final Thoughts

For anyone thinking about using Changelly, users are adamant: look elsewhere. An abundance of negative accounts and security fears suggests that safer options are out there.

Key Takeaways

  • 🚫 Majority of comments express distrust in Changelly for large swaps.

  • 🔒 Security and KYC delays are ongoing concerns.

  • 💼 Users recommend alternatives like Coinbase for larger transactions.