LetsExchange Review
Non-custodial, but figures are undisclosed
of 10
LetsExchange states it does not store user funds and requires no registration or verification, and recommends a fixed rate for swaps. It describes its fee components as minimal without publishing figures, and does not state a refund policy or its operating entity.
No money changes hands. This is a non-commercial project: no advertising, no sponsored placements, and no affiliate or referral links. Links to the services below earn us nothing. Every overall score is the plain average of the criteria shown on the page, so you can check the arithmetic yourself — see our rating methodology and how the site is funded.
Fee
Blockchain, LP, AML and LetsExchange fees; described as minimal, no figures
Rate options
Fixed recommended; floating implied
Custody
Does not store user funds
KYC
No registration or verification required; trigger not stated
Entity
Not named
Scores
Each criterion carries equal weight. The overall score is the average of these 5 scores — (2.0 + 6.0 + 7.0 + 2.0 + 2.0) ÷ 5 = 3.8.
Pros
- States plainly that it does not store users' funds
- No registration or verification process required
- Recommends a fixed rate, implying both fixed and floating options
- Positions itself as supporting a very large number of cryptocurrencies
Cons
- Fee components are described as minimal but no percentages are published
- No refund policy is stated beyond contacting support after 30 minutes
- When KYC is triggered is not stated
- No asset count and no operating entity are named on the pages read
Non-custodial, stated
LetsExchange states it does not store users' funds and does not require a registration or verification process. That clear non-custodial position is the strongest part of the entry, and it recommends choosing a fixed rate when starting an exchange, which implies both fixed and floating options.
Almost everything else is unquantified
The fee is described as the sum of the blockchain commissions, the liquidity provider's commission, an AML verification commission and the LetsExchange commission, all characterised as minimal — but no percentage is published for any of them. The asset count is given only as the highest across the market, without a number. No refund policy is stated beyond advising the user to contact support if a swap is not processed within half an hour, and the operating entity is not named.
This entry sits low on the absence of published figures rather than a negative finding, and the review states what could and could not be read.
The company behind it
LetsExchange is operated by CryptoLightHouse Ltd., incorporated under the laws of the Republic of Seychelles, as stated in its terms of use; no founders are named and it has no token. An offshore entity named only in the terms, with the team undisclosed, is the disclosure picture — typical of the instant-exchanger category and worth understanding before use.
How it compares
Swapzone
Zero aggregator fee, undisclosed underlying spread
Godex
No-registration swaps, undisclosed spread
Changelly
A stated floating-rate fee, little else
ChangeNOW
Detailed refund rules, undisclosed spread
SimpleSwap
Fixed and floating rates, non-custodial by default
SideShift
Fixed and variable rates with a clear refund window
ChangeHero
The one exchanger that names its operator
FixedFloat
The rare exchanger that publishes its fee
Sources
Scored from published primary sources rather than hands-on use. Every figure above comes from one of the pages below, on the date shown. Manufacturers change prices and specifications without notice — if something here no longer matches the source, tell us and we will correct it.
- 1.LetsExchange — FAQ (custody, fees, rates) — checked
- 2.LetsExchange — terms of use — checked
Frequently asked questions
Does LetsExchange hold my funds?
No. LetsExchange states it does not store users' funds and requires no registration or verification.
What does LetsExchange charge?
Its fee is described as the sum of blockchain, liquidity-provider, AML and LetsExchange commissions, characterised as minimal, but no percentages are published on the FAQ we read on 24 July 2026.
Nothing here is financial advice. Editorial policy · How we score · How we're funded.