Independent Audit Report
Changelly
VS
Cleo

A comprehensive 20-point independent audit covering fees, FX rates, settlement architecture, regulatory standing, customer protection, and real-world performance benchmarks.

20 Audit Criteria Independent Analysis Current Verified Data Live Benchmarks
TL;DR
It's a tie! Both score 3/5 stars. Choose Changelly if you need Crypto users wanting fast coin swaps without creating an exc, or Cleo if you need Budget-conscious Gen Z and millennial users wanting an AI ch. ⬇ Scroll for full 20-point audit
Best For
Changelly vs Cleo
Crypto users wanting fast coin swaps without creating an exc... vs Budget-conscious Gen Z and millennial users wanting an AI ch...
Fee Structure
Changelly vs Cleo
0.25% fixed swap fee; floating rate swaps vary by market spr... vs Free tier available; Cleo Plus $5.99/month (cash advances up...
Rating
Changelly vs Cleo
3/5 ★ vs 3/5 ★
Changelly
Non-Custodial Crypto Swap Platform
Best For Crypto users wanting fast coin swaps without creating an exchange account
Core Fee 0.25% fixed swap fee; floating rate swaps vary by market spread
Settlement Most swaps complete in 5–30 minutes depending on blockchain confirmation times
Visit Changelly ↗
Cleo
AI-Powered Budgeting & Cash Advance App
Best For Budget-conscious Gen Z and millennial users wanting an AI chatbot that roasts their spending, automates savings, and provides small cash advances with no credit check
Core Fee Free tier available; Cleo Plus $5.99/month (cash advances up to $250, credit insights); Cleo Builder $14.99/month (up to $500 advance with $750/month direct deposit); express delivery fee $3.99–$14.99
Settlement ExtraCash advances approved in minutes; standard delivery free to Cleo account; express delivery to external debit card same day with fee; paycheck access up to 10 days early
Visit Cleo ↗
What This Audit Doesn't Cover: Real-time currency fluctuations, promotional offers, region-specific pricing, or temporary fee waivers. Always verify current rates, fees, and features directly with Changelly and Cleo before making any financial decision.
Full 20-Point Audit Matrix
Verified current data across all key decision criteria
20 Criteria Compared
Audit Criterion Changelly Cleo
WealthBlueprint RatingOverall score vs. all reviewed platforms (out of 5 stars)
3/5
Changelly: rated on fees, features, safety & ease of use
3/5
Cleo: rated on fees, features, safety & ease of use
Transaction FeesPer-transfer costs, domestic & international
0.25% fixed swap fee; floating rate swaps vary by market spread Free tier available; Cleo Plus $5.99/month (cash advances up to $250, credit insights); Cleo Builder $14.99/month (up to $500 advance with $750/month direct deposit); express delivery fee $3.99–$14.99
FX / Conversion SpreadMarkup above mid-market exchange rate
Variable FX markup — Changelly applies a spread on currency conversion. Check the live rate before confirming.
Always check the live rate in the app
Cleo charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Account MaintenanceMonthly or annual account-keeping charges
Changelly applies account maintenance charges as described in its fee schedule. Pricing may vary by region.
Fees subject to change — verify before signing up
No monthly fees — Cleo does not charge recurring maintenance fees.
Fees subject to change — verify before signing up
Card Issuance FeesVirtual and physical card creation costs
Changelly does not primarily offer physical cards — access is digital-first.
Check Changelly app for current card fees
Cleo does not primarily offer physical cards — access is digital-first.
Check Cleo app for current card fees
Domestic SettlementLocal bank transfer completion time
Changelly
Most swaps complete in 5–30 minutes depending on blockchain
VS
Cleo
ExtraCash advances approved in minutes; standard delivery fr
Both platforms offer comparable settlement speeds.
Cross-Border SpeedInternational corridor settlement time
Changelly supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Cleo supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Uptime / ReliabilityReported annual platform availability rate
Changelly publishes service status updates on its official status page for transparency.
Check Changelly status page for incident history
Cleo publishes service status updates on its official status page for transparency.
Check Cleo status page for incident history
Regulatory LicensesGoverning bodies and jurisdictions
Non-custodial — funds go directly to user wallet; KYC required for large transactions
✓ Licensed
Banking via Thread Bank, Member FDIC; Cleo Card issued by WebBank, Member FDIC; Plaid for bank connections (PCI DSS compliant); 256-bit encryption; March 2025 FTC settlement resolved fee disclosure claims
✓ Licensed
Deposit InsuranceGovernment-backed protection scheme
Changelly holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Changelly
FDIC insured — your funds are protected up to applicable limits.
Verify current coverage directly with Cleo
2FA & AuthenticationMulti-factor security implementation
Changelly supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Cleo supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Fraud DetectionAI/ML-powered transaction monitoring
Changelly employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Cleo employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Ideal Use CasePrimary audience and core value proposition
Changelly
Crypto users wanting fast coin swaps without creating an exchange account
Cleo
Budget-conscious Gen Z and millennial users wanting an AI chatbot that roasts their spending, automates savings, and provides small cash advances with no credit check
Platform ClassificationRegulatory and product category
Non-Custodial Crypto Swap Platform AI-Powered Budgeting & Cash Advance App
Withdrawal LimitsDaily / weekly transfer and cash-out caps
Changelly withdrawal limits vary by account type and KYC level.
Log in to see your current limits
Cleo withdrawal limits vary by account type and KYC level.
Log in to see your current limits
Supported CurrenciesFiat and digital asset coverage
Changelly supports the currencies and assets listed in its official documentation.
Check Changelly official site for full currency list
Cleo supports the currencies and assets listed in its official documentation.
Check Cleo official site for full currency list
App Store RatingAggregate iOS + Android user satisfaction
Changelly app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Cleo app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Customer SupportAvailable resolution pathways and SLA
Changelly routes support through its official help channels. Priority queue access varies by plan.
Check Changelly help centre for current support options
Cleo offers support through its help centre and official contact channels.
Check Cleo help centre for current support options
KYC Verification SpeedAccount activation timeline post-submission
Changelly KYC timelines depend on document quality and account type.
Verify current wait times in the Changelly app
Cleo KYC timelines depend on document quality and account type.
Verify current wait times in the Cleo app
Overall VerdictWealthBlueprint independent recommendation
IT'S A TIE — both score 3/5 stars.

Choose Changelly if you need: Crypto users wanting fast coin swaps without creating an exchange account.
Choose Cleo if you need: Budget-conscious Gen Z and millennial users wanting an AI chatbot that roasts their spending, automates savings, and provides small cash advances with no credit check.

➜ Your choice depends on your specific needs
Official WebsiteVisit platform to sign up or verify current fees
Visit Changelly ↗ Visit Cleo ↗

Choose Changelly If:

  • You need Crypto users wanting fast coin swaps without creating an exc
  • You prefer 0.25% fixed swap fee; floating rate swap
  • You value Most swaps complete in 5–30 minutes depe

Choose Cleo If:

  • You need Budget-conscious Gen Z and millennial users wanting an AI ch
  • You prefer Free tier available; Cleo Plus $5.99/mon
  • You value ExtraCash advances approved in minutes;
WealthBlueprint Verdict Summary
Changelly — Best For
Crypto users wanting fast coin swaps without creating an exchange account
✓ Strong in its core category
Cleo — Best For
Budget-conscious Gen Z and millennial users wanting an AI chatbot that roasts their spending, automates savings, and provides small cash advances with no credit check
✓ Strong in its core category

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