Software Alternatives, Accelerators & Startups

changelly VS Splitwise

Compare changelly VS Splitwise and see what are their differences

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changelly logo changelly

Exchange alternative cryptocurrencies.

Splitwise logo Splitwise

Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. On the web, iPhone, and Android!
  • changelly Landing page
    Landing page //
    2023-09-15

Changelly is dedicated to security and your experience, offering you not only a secure, simple and fair Bitcoin exchange but also promising to safeguard your asset and trading information.

  • Splitwise Landing page
    Landing page //
    2023-01-23

changelly features and specs

  • Wide Range of Supported Cryptocurrencies
    Changelly supports a large number of cryptocurrencies, allowing users to exchange between different digital assets with ease.
  • User-Friendly Interface
    The platform offers a simple and intuitive user interface, making it accessible for both beginners and experienced traders.
  • No Account Registration Required
    Users can conduct transactions without the need to create an account, providing a higher level of privacy and convenience.
  • Fixed and Floating Rate Options
    Changelly offers both fixed and floating exchange rate options, giving users more flexibility based on their preferences and market conditions.
  • Security
    Changelly employs robust security measures and does not hold user funds, minimizing the risk of hacks and unauthorized access.

Possible disadvantages of changelly

  • Higher Fees for Some Transactions
    The platform's exchange rates and fees can be higher compared to some other exchanges, particularly for smaller transactions.
  • No Fiat Currency Support
    Changelly focuses exclusively on cryptocurrency exchanges and does not support direct fiat currency transactions or withdrawals.
  • Lack of Advanced Trading Features
    The platform is designed for simplicity and does not offer advanced trading tools such as order books, charts, or margin trading.
  • Variable Processing Times
    Transaction processing times can vary depending on network conditions, which might lead to delays in receiving exchanged funds.
  • Limited Customer Support Options
    Customer support is primarily available via email and online ticketing, which may not be as quick or comprehensive as live chat or phone support.

Splitwise features and specs

  • User-Friendly Interface
    Splitwise provides an intuitive and easy-to-navigate interface, making it straightforward for users to add expenses, keep track of debts, and settle up.
  • Multi-Platform Availability
    Available on the web, iOS, and Android, Splitwise ensures users can access and manage their expenses from almost any device.
  • Expense Tracking
    The app allows users to easily log and categorize expenses, which can be particularly useful for group trips, shared households, or any shared financial responsibility.
  • Flexible Split Options
    Users can split expenses equally, by percentages, shares, or custom amounts, providing flexibility in how costs are divided among group members.
  • Currency Conversion
    Splitwise supports multiple currencies, which is handy for international travel or groups with members from different countries.
  • Bill Reminders
    The app sends reminders for outstanding balances, helping users to stay on top of their payments and avoid forgotten debts.
  • Integration with Payment Platforms
    Splitwise can integrate with payment platforms like PayPal and Venmo for easy settlement of balances.

Possible disadvantages of Splitwise

  • Privacy Concerns
    Since Splitwise involves sharing financial information with others, there could be privacy concerns for those unwilling to share detailed expense data.
  • Subscription-Based Features
    Some advanced features, such as expense exporting and additional integrations, require a Splitwise Pro subscription.
  • Manual Entry Requirement
    Splitwise requires users to manually enter expenses, which could be time-consuming and prone to errors if not done diligently.
  • Limited Automatic Reconciliation
    While Splitwise helps track who owes whom, it does not automatically reconcile or pay off balances, leaving users responsible for manual payment.
  • Dependency on Group Honesty
    The accuracy of the expense records relies on the honesty and diligence of all group members, which may not always be reliable.
  • Potential for Confusion
    The various options for splitting bills (equally, by shares, etc.) can sometimes lead to confusion or disputes among users over what is fair.

Analysis of changelly

Overall verdict

  • Changelly is generally considered a good choice for those looking to quickly and easily exchange cryptocurrencies without the need for a complex setup or lengthy registration process. Its main benefits lie in its convenience and wide cryptocurrency support.

Why this product is good

  • Changelly is known for its user-friendly platform, offering a simple and straightforward process for exchanging cryptocurrencies. It supports a wide range of cryptocurrencies and allows for quick transactions without requiring account registration. The service is known for its transparent fee structure and relatively competitive rates. Its integration with various wallet services enhances usability for many crypto enthusiasts.

Recommended for

    Changelly is recommended for cryptocurrency beginners who need an easy-to-use platform, as well as experienced traders looking for quick trades. It's also suitable for those who want to avoid the hassle of creating accounts and going through verification processes, or who prefer to use a wide array of cryptocurrencies.

Analysis of Splitwise

Overall verdict

  • Splitwise is a highly effective tool for managing shared expenses, especially if frequent splitting of costs is involved. Its features make it easy to track who owes what, and its automatic calculations save time and reduce errors.

Why this product is good

  • Splitwise is popular because it simplifies sharing and tracking expenses among groups, making it ideal for roommates, friends on trips, or any group spendings.
  • It automatically calculates balances and reminds users about payments, reducing the awkwardness of asking others for money.
  • Offers a user-friendly interface both on web and mobile apps, which makes managing expenses convenient and accessible.
  • Supports multiple currencies, which is great for international travel groups.
  • Integration with payment platforms like PayPal and Venmo for easy settlement of debts.

Recommended for

  • Roommates who need to regularly split household bills and expenses.
  • Groups of friends or families who often travel together and need to manage shared travel costs.
  • Colleagues or classmates working on projects or events that require shared funding.
  • Anyone who wants to avoid the hassle of manually tracking and settling shared expenses.

changelly videos

Changelly Review (2020) | Is This Exchange Safe?

More videos:

  • Review - Changelly Exchange Review - Instant Cryptocurrency Exchange
  • Review - Changelly Review - Buy Bitcoin Exchange 2019
  • Review - Changelly Review | Is it scam? Is it legit? Can I trust it? | Best Crypto Exchanges
  • Review - Changelly Review: Top Platform for Crypto & Altcoin Swaps
  • Review - Changelly Crypto Exchange Review - My Usage Experience

Splitwise videos

Splitwise - iPhone App Review! [2020]

More videos:

  • Review - Tricount vs Splitwise - App comparison
  • Demo - Splitwise Demo

Category Popularity

0-100% (relative to changelly and Splitwise)
Cryptocurrencies
100 100%
0% 0
Personal Finance
0 0%
100% 100
Cryptocurrency Exchange
100 100%
0% 0
Expense Tracking
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare changelly and Splitwise

changelly Reviews

Top 8 Crypto Swapping Sites/Platforms For 2024; Hereโ€™s List
In addition to its exchange platform, Changelly also provides a full-featured trading platform, DeFi Swap, and a fiat-to-crypto market. Except for the US and nations where cryptocurrency transactions are expressly forbidden by law, it is accessible everywhere else.
Source: coingape.com
BEST 25 Coinbase Alternatives (2021 Update)
Changelly is a cryptocurrency exchange that enables you to exchange Crypto fast and buy it with a bank card. It provides a facility to trade BTC (Bitcoin), XRP, ETH, and LTC(Litecoin).
Source: www.guru99.com

Splitwise Reviews

12 Best Bill Splitting Apps in 2023
Splitwise is among the most commonly used group payment apps that can easily keep a systematic record of all your informal debts including restaurant bills, travel expenses, cost of accommodation, and much more. With this expense sharing app, users can either create groups or split the bill privately among friends. Splitwise also registers and saves all the expenses and...
6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
Splitwise employs an intelligent algorithm to calculate the exact amount owed by each user. It shows who paid for what, how much amount was paid by each member, and any outstanding balances. Furthermore, the application also keeps everyone updated about their balances and recent transactions.
Best Bill-Splitting Apps
For example, shared items like appetizers would be split among the entire group or just a few people in the group. The app can handily accommodate large parties by allowing you to add up to 10 people to each group. Once youโ€™ve divided up the food among all the plates you can add in tax and tip. The app is made by the same company as Splitwise and is completely free. The only...
7 Best Budgeting Tools and Apps for Personal Finance
This oneโ€™s not a complete budgeting app but itโ€™s still a handy one. Splitwise is a nifty app that helps people track how much they owe to friends and colleagues and vice versa. It makes sharing expenses on outings, meals, events, etc easy to track by logging in each transaction. It basically keeps a total over time, so that you can pay back the money in a large payment,...

Social recommendations and mentions

Based on our record, changelly seems to be more popular. It has been mentiond 152 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

changelly mentions (152)

  • Question
    If I buy BTC on coinbase with KYC and then convert to XMR say on changelly.com am I fully anonymous from then on? So the way is Coinbase-Trezor wallet-changelly.com-XMR wallet on Trezor-changelly.com(swap it back to BTC)-Trezor new address. Source: over 3 years ago
  • Anyone know where to buy bitcoin with card without verification
    Use changelly.com - they don't ask for verification. Source: over 3 years ago
  • BitBase Stores on the Canary Islands
    I somehow feel physical Bitcoin stores always overcharge their customers. I'd just use my credit card to buy Bitcoin online from services like Changelly (https://changelly.com/) and send it to my airgap Keystone Pro hardware wallet (https://keyst.one/). Source: over 3 years ago
  • Wbtc question
    This is a centralized scam altcoin unrelated to bitcoin. You can use an exchange to swap it like https://changelly.com/. Source: over 3 years ago
  • DO NOT USE CHANGELLY EXCHANGE FUNCTION!
    I tried to exchange 9400 DAI for XMR. It wouldn't tell me in the terms which exchange it would use or anything really. After I initiated the exchange, it moved from confirming to confirmed and then back to confirming until I had 500+ confirmations. I contacted Coinomi and got no response at all. I found from researching that it was using https://changelly.com/. To do the swap. Changelly requested my drivers... Source: almost 4 years ago
View more

Splitwise mentions (0)

We have not tracked any mentions of Splitwise yet. Tracking of Splitwise recommendations started around Mar 2021.

What are some alternatives?

When comparing changelly and Splitwise, you can also consider the following products

ChangeNOW - ChangeNOW is a non-custodial exchange service for fast and limitless coin swaps.

Tricount - Manage and share expenses with friends

Binance - Cryptocurrencies exchange platform

Settle Up - SETTLE UP is an indispensable app for friends and flatmates who need to keep track of shared bills...

SimpleSwap.io - SimpleSwap is a self-custodial multi-source swap aggregator

Splid - Splid helps friends manage their money.