Exchangily Slippage Calculator
Exchangily has limited liquidity, especially for less popular tokens. This calculator estimates how much slippage you'll experience based on your trade size and token type.
Most crypto exchanges take your keys. That means they control your money. Exchangily says it doesn’t. It claims to be the first truly transparent decentralized exchange where you hold your own private keys - all the time. No middleman. No hidden fees. No freeze-ups. But does it deliver? Or is it just another flashy app with a dangerous flaw?
What Exchangily Actually Is
Exchangily isn’t your typical exchange. It’s not like Binance or Coinbase. You don’t deposit USD and buy BTC through them. Exchangily is a mobile-only, non-custodial wallet and decentralized exchange (DEX) rolled into one. It runs on iOS as of December 2025, and that’s it - no Android, no web version. You download the app, create or import a wallet, and you’re in control. Your seed phrase? It stays on your phone. Not on a server. Not in the cloud. Just you.
The platform calls itself S.A.F.E.: Secure, Autonomous, Fast, Easy. That’s the marketing. But what does that mean in practice? Secure? Only if you’re careful. Autonomous? Yes - you trade directly from your wallet. Fast? They say yes, thanks to their FAB blockchain. Easy? That depends on whether you already know what a seed phrase is.
Exchangily supports BTC, ETH, USDT, LTC, BCH, DOGE, FAB, EXG, and dozens of ERC-20 tokens. You can swap between them without wrapping or bridging. That’s rare. Most DEXs force you to convert ETH to wETH before trading. Exchangily skips that. You pick your coin, pick the one you want, and trade. It uses a traditional order book, not an automated market maker like Uniswap. That means prices come from real buyers and sellers - not algorithms. If you’ve used a centralized exchange before, the interface will feel familiar.
How Trading Works on Exchangily
Trading on Exchangily looks like a stripped-down version of Binance’s classic view. You see bid and ask levels. You place limit or market orders. You can see your open orders and trade history. No slippage sliders. No liquidity pools you can’t see. It’s clean. Simple. But here’s the catch: liquidity is thin.
Unlike 1inch or PancakeSwap, which pull from dozens of pools across chains, Exchangily runs its own. That means if you’re trying to swap a small altcoin, you might get stuck with bad prices or no takers. The app says it supports cross-chain swaps, but in practice, you’re mostly moving between tokens on Ethereum, BSC, and FAB. There’s no deep liquidity on lesser-known chains. If you’re trading $500 of DOGE, fine. If you’re moving $5,000 of a new token? You’ll likely get frontrun or stuck with a 10% slippage.
The BindPay feature is one of its standout tools. It lets you send crypto instantly to another Exchangily user - no transaction fees, no waiting. Think of it like PayPal for crypto. You enter their username or phone number, tap send, and it’s done. It’s fast. It’s simple. And it’s only possible because everyone’s on the same app. That’s also its weakness. If your friend doesn’t use Exchangily? You’re back to regular blockchain transfers - slow and expensive.
Security: The Good, the Bad, and the Risky
Exchangily’s biggest selling point is security. No custody. Your keys. Your coins. That’s the dream. But there’s a dark side.
One user review from December 2025 raised a red flag that’s still unresolved: the iOS predictive keyboard can record your seed phrase as you type it. That’s not a bug. It’s a system-level feature. And it’s turned on by default. If your phone gets stolen, or if malware gets in, someone could pull your 12-word recovery phrase from the keyboard cache. That’s catastrophic. Exchangily hasn’t disabled predictive text during seed entry. They haven’t added a warning. They haven’t even responded publicly to this issue.
Compare that to Phantom or Trust Wallet. They block keyboard input entirely during seed phrase entry. Exchangily doesn’t. That’s a dealbreaker for anyone serious about security. The app says it’s ‘secure’ - but if your seed phrase can be harvested by iOS, then it’s not secure. It’s just convenient.
On the plus side, all data is encrypted locally. No server logs. No tracking. No KYC. You’re anonymous. That’s good for privacy. But bad if you ever need help. There’s no customer support page. No live chat. No email. If you lose your phone and didn’t back up your seed? You’re out of luck. There’s no recovery team. No help desk. Just silence.
Who Is Exchangily For?
Exchangily isn’t for beginners. If you don’t know what a private key is, you shouldn’t be using this. There are no tutorials. No help articles. No FAQs. The app assumes you already know how to manage crypto safely.
It’s perfect for someone who:
- Already uses a non-custodial wallet and wants a simple way to swap tokens without leaving their phone
- Trades small amounts of popular coins (BTC, ETH, USDT, DOGE)
- Values speed and privacy over liquidity
- Uses iOS and doesn’t care about Android
- Wants to avoid KYC and centralized exchanges
It’s terrible for:
- Anyone who doesn’t back up their seed phrase properly
- People trading large sums - low liquidity means bad prices
- Android users - the app doesn’t exist on Google Play
- Those who need customer support
- Anyone who trusts marketing claims over technical reality
How It Compares to Other DEXs
Let’s cut through the noise. Here’s how Exchangily stacks up against the big names:
| Feature | Exchangily | Uniswap | PancakeSwap | 1inch |
|---|---|---|---|---|
| Platform | iOS only | Web, MetaMask | Web, WalletConnect | Web, MetaMask, apps |
| Trading Model | Order book | AMM | AMM | Aggregator |
| Custody | Non-custodial | Non-custodial | Non-custodial | Non-custodial |
| Supported Chains | ETH, BSC, FAB, BTC, LTC | Ethereum | BSC | 15+ chains |
| Liquidity | Low (self-managed) | Very High | High | Extremely High |
| Instant Payments | Yes (BindPay) | No | No | No |
| Security Risk | High (keyboard bug) | Low | Low | Low |
Exchangily’s order book is its only real differentiator. But if you want deep liquidity, you’ll still need to use 1inch or Uniswap. Exchangily’s strength is convenience - not volume. And its weakness is security.
The Bottom Line
Exchangily is a bold idea with a fatal flaw. It offers something rare: a mobile DEX with an order book, cross-chain swaps, and instant peer-to-peer payments. That’s impressive. But if your seed phrase can be stolen by your phone’s keyboard, then none of that matters.
It’s not the best DEX. It’s not even close to the top. But if you’re an iOS user who wants a simple, no-KYC way to swap small amounts of crypto - and you’re willing to disable predictive text manually - then it’s worth a try. Just don’t trust the app to keep you safe. You have to keep yourself safe.
For now, Exchangily feels like a prototype with promise. Not a finished product. If they fix the keyboard issue, add Android, and improve liquidity, it could become something real. But as of December 2025? It’s a gamble.
Is Exchangily safe to use?
Exchangily is non-custodial, so your keys stay on your device - that’s good. But there’s a critical flaw: the iOS predictive keyboard can record your seed phrase during setup. This is a known issue as of December 2025, and the app hasn’t fixed it. If you use Exchangily, you must turn off predictive text manually when entering your seed phrase. Otherwise, your funds are at risk.
Does Exchangily support Android?
No. As of December 2025, Exchangily is only available on iOS via the Apple App Store. There is no Android version, and no official announcement about one. This limits its reach significantly, especially since Android dominates the global crypto user base.
Can I trade large amounts on Exchangily?
Not reliably. Exchangily runs its own liquidity pools, not aggregators like 1inch. That means trading volumes are low, especially for altcoins. If you try to swap more than a few hundred dollars of a lesser-known token, you’ll likely face high slippage or no liquidity at all. Stick to BTC, ETH, USDT, or DOGE for better results.
What is BindPay?
BindPay is Exchangily’s instant peer-to-peer payment system. It lets you send crypto to another Exchangily user with no fees and near-instant settlement - just like PayPal. But it only works between Exchangily users. If your friend doesn’t use the app, you can’t use BindPay. It’s convenient within the ecosystem, but useless outside it.
Does Exchangily have customer support?
No. There is no official support page, email, chat, or help center. If you lose your seed phrase or have a technical issue, you’re on your own. This is common in non-custodial wallets, but Exchangily’s lack of documentation and community presence makes it harder to troubleshoot problems.
Is Exchangily open source?
Yes. Exchangily claims to be fully open source, meaning its code is publicly available for review. This is a strong point for transparency. However, the open-source code hasn’t been independently audited by major security firms, and the app’s App Store version may differ from what’s on GitHub. Always verify the source before trusting it.
Should I use Exchangily instead of Binance or Coinbase?
Only if you want full control over your assets and don’t mind giving up fiat on-ramps, customer support, and high liquidity. Exchangily doesn’t let you buy crypto with a credit card. It doesn’t have insurance. It doesn’t have a help desk. If you’re new to crypto or want convenience, stick with Binance or Coinbase. If you’re experienced and prioritize privacy and self-custody, Exchangily could be a useful tool - if you fix the keyboard risk first.
Cryptocurrency Guides
michael cuevas
December 5, 2025 AT 08:43So Exchangily lets you hold your keys but your phone steals them? Classic. I'm just waiting for the TikTok tutorial: 'How to lose your life savings while smiling at your iPhone' 😂
Nina Meretoile
December 6, 2025 AT 02:48Imagine a world where your money is yours. No banks. No middlemen. Just you and your crypto. 🌱 But then... your phone’s keyboard is watching. 😔 That’s the tragedy of tech today - convenience costs your soul. Let’s hope they fix this. We deserve better.
Elizabeth Miranda
December 7, 2025 AT 12:55The keyboard vulnerability is not just a flaw - it’s a fundamental failure of user-centered design. If a platform claims to prioritize security but doesn’t disable predictive text during seed phrase entry, it’s not just negligent - it’s irresponsible. This is not a minor oversight; it’s a catastrophic blind spot.
Chloe Hayslett
December 7, 2025 AT 14:39Of course Apple’s keyboard is the problem. That’s why we need to ban iOS crypto apps. This is why America needs to stop letting Silicon Valley pretend they’re building security when they’re just selling convenience. We’re all just lab rats in their app store.
Jonathan Sundqvist
December 8, 2025 AT 12:31Why would anyone use this? If you’re gonna go full self-custody, at least use something that doesn’t make you feel like a fool for trusting it. I’d rather use Binance and sleep at night.
Annette LeRoux
December 9, 2025 AT 01:34It’s funny how we chase ‘decentralization’ but still get trapped by the same old human flaws - like trusting a phone that remembers everything we type. Maybe the real revolution isn’t in the blockchain, but in how we treat our own devices. 🤔
Manish Yadav
December 10, 2025 AT 17:36This is why crypto is a scam. People think they’re smart using apps like this but they don’t even know how to turn off predictive text. You deserve to lose your money. Stop being lazy and learn to use a paper wallet like real men.
ronald dayrit
December 12, 2025 AT 12:00Let’s step back and consider the epistemological framework of non-custodial finance: if security is defined by the absence of third-party custody, then the presence of a system-level vulnerability that undermines the integrity of the user’s primary security artifact - the seed phrase - doesn’t merely compromise security, it inverts the entire philosophical foundation of self-sovereignty. The app isn’t broken; the premise is. We’re not just trusting bad code - we’re trusting a cultural illusion that ‘you control your keys’ means anything when your device is actively betraying you. And we call this innovation?
Yzak victor
December 13, 2025 AT 23:45I get the appeal - no KYC, fast swaps, BindPay is slick. But that keyboard thing? Yeah, that’s a dealbreaker. I’d use it if they just added a toggle to disable predictive text during seed entry. Simple fix. Why hasn’t it happened? That’s the real question.
Madison Agado
December 15, 2025 AT 06:21It’s a prototype. That’s what the author said. And prototypes are supposed to be rough. The idea is good - order book DEX on mobile? Rare. But the execution? Needs work. Maybe next year.
Tisha Berg
December 16, 2025 AT 02:51If you're new to crypto, don't touch this. If you're experienced, you already know to turn off predictive text. Maybe the app should just warn you. But I get why they didn't - they assume you know. And maybe that's fair.
Roseline Stephen
December 16, 2025 AT 20:05I’m not convinced this is worse than other DEXs. At least here, you’re not trusting a centralized liquidity aggregator. The keyboard issue is real, but it’s fixable. The rest? Solid.
Richard T
December 17, 2025 AT 15:59Has anyone tested if the keyboard cache survives a reboot? I’m curious if it’s just temporary or if it’s written to persistent storage. That changes everything.
Mariam Almatrook
December 19, 2025 AT 13:34It is an egregious affront to the sanctity of financial autonomy that a platform purporting to champion decentralization would permit the insidious intrusion of proprietary, surveillance-driven operating system features to compromise the very foundation of user sovereignty. This is not merely a technical oversight - it is a moral capitulation to the Apple hegemony.
rita linda
December 21, 2025 AT 03:44Anyone using this is asking for trouble. You don’t get to be a crypto ‘power user’ and then ignore basic security hygiene. This isn’t a flaw - it’s a warning sign you’re not ready. Go back to Coinbase, sweetheart.
Martin Hansen
December 22, 2025 AT 18:49Exchangily? More like Exchangily-weak. You think you’re cool using a mobile DEX? Congrats. You’re the guy who brings a knife to a gunfight and then blames the gun for being too loud. iOS keyboard bug? That’s not a bug - it’s a feature of your poor life choices.
Frank Cronin
December 24, 2025 AT 12:31Let me guess - the devs are all 22-year-olds in Austin who think ‘open source’ means they don’t have to fix stuff. This isn’t crypto. It’s a beta test for your funeral.
miriam gionfriddo
December 25, 2025 AT 06:09OMG I JUST LOST MY ETH BECAUSE OF THIS 😠I TYPED MY SEED PHRASE AND THEN MY PHONE AUTO-CORRECTED IT TO ‘CAT’ AND NOW I’M BROKE ðŸ˜ðŸ˜ðŸ˜
Kenneth Ljungström
December 26, 2025 AT 02:54BindPay is genius. If you’re trading with friends who also use it, it’s the smoothest thing ever. Just don’t let your phone remember your seed. Simple fix. Why isn’t this on the homepage?
Tom Van bergen
December 27, 2025 AT 08:05Why are we even talking about this? Everyone knows iOS is a walled garden. If you want real control, use Linux on a PineTab. This app is just another shiny toy for the masses who think ‘non-custodial’ means ‘no responsibility’
Sandra Lee Beagan
December 28, 2025 AT 07:18As someone who’s been in crypto since 2017, I’ve seen a lot of ‘revolutionary’ apps. This one almost makes me hopeful. The order book on mobile? Brilliant. The keyboard issue? Fixable. The lack of Android? A missed opportunity. But the vision? Still valid. Let’s not throw the baby out with the bathwater.
Ben VanDyk
December 28, 2025 AT 12:36It’s fine. Just don’t use it.