Centralized Exchanges · Review
InactiveLetsExchange Review 2026: Shut Down on October 1, 2026
LetsExchange was an instant crypto swap service that listed thousands of coins. It ceased operations on October 1, 2026, so it should be treated as inactive.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on Letsexchange
LetsExchange is no longer a service to use. It was an instant swap platform that reportedly listed more than 5,000 cryptocurrencies, and its breadth was its main strength. Its main caveat is that it was custodial and, according to the reports found, ceased operations on October 1, 2026. Former users with pending orders should confirm transaction status and contact support if it is still reachable. Anyone looking for a replacement should compare custody model, fees and licensing before sending funds.
Score breakdown
How Letsexchange scores
- Security
- n/a
- Ease of use
- n/a
- Fees
- n/a
- Features
- n/a
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Letsexchange?
LetsExchange was an instant crypto swap service that let users exchange one cryptocurrency for another. Its own description and several public reporting said it supported more than 5,000 cryptocurrencies, and a March 2026 announcement said it covered more than 300 blockchain networks.
Reports found state that LetsExchange ceased operations on October 1, 2026. This review therefore treats the service as inactive. A closed swap service cannot be relied on to complete new orders, and anyone with a pending trade should follow the steps below.
The model was custodial, which is the main structural point for any reader comparing it with other swap tools. The sources reviewed do not publish licensing, audit or fee details.
How Letsexchange works
LetsExchange was described as an instant exchange service. A user picks a coin to send and a coin to receive, sees a quoted rate, and sends funds to a deposit address that the service gives for that order. The service then converts the funds and sends the chosen coin to the user's receiving address.
Snippets describe the service as collecting prices and liquidity from different custodial providers. In a custodial model, the service controls funds for part of the trade, so the user relies on that provider rather than on a smart contract. This model differs from a decentralised exchange, where users trade directly from their own wallets through pool contracts.
Pros and cons
What we like
- Listed a very wide range of assets, reported at more than 5,000 cryptocurrencies
- Covered more than 300 blockchain networks, according to a 2026 announcement
- Has existed since at least 2021, based on the earliest review found
Watch out for
- The service ceased operations on October 1, 2026, according to the reports found, so it cannot be relied on for new swaps
- Its swap model is custodial, meaning users hand over funds while a trade is processed, which adds counterparty risk
- No licence, audit, fee schedule or team details appear in the sources reviewed
- Recovery steps for past orders are mentioned only in third-party snippets and are not confirmed by the project
Letsexchange fees
The sources reviewed do not publish LetsExchange's fee schedule. Instant swap services typically show the rate and any charge on the order screen before a trade is confirmed, so past users may find the figures in their order history.
No fee comparison is possible.
Is Letsexchange safe?
LetsExchange ceased operations on October 1, 2026, according to the reports found. The main safety issue for anyone with a past order is confirming that the transaction was completed and that no funds are still held.
The sources reviewed do not mention a smart-contract audit, a licence, or an insurance or custody arrangement. Because the model was custodial, users depended on the operator for the duration of each trade. Cryptocurrency trading carries risk of loss, and online trading is only for adults aged 18 and over. Check that cryptocurrency services are legal where you live before using any replacement.
4 steps
How to get started with Letsexchange
- 1
Check whether the service still processes orders before sending any funds.
- 2
If you have an unfinished order, save the transaction IDs and the wallet addresses involved.
- 3
Contact the support channel listed on the project's own website, if one still works.
- 4
Compare any replacement service on its custody model, published fees and licensing before using it.
Who Letsexchange is for
This page is for readers who used or considered LetsExchange and need to know its status. New users should not send funds to it. Former users with an open or disputed order may need to confirm what happened to their funds.
Letsexchange FAQs
Did LetsExchange shut down?
Yes, according to the reports found. A company-written page and a third-party review both state that LetsExchange ceased operations on October 1, 2026. Treat the service as inactive and do not send funds for new swaps.
What fees did LetsExchange charge?
The sources reviewed do not list a fee schedule for LetsExchange. Fees for instant swaps are usually shown at the point of trade, so past users may find them in their order history.
Is LetsExchange licensed?
The sources reviewed do not name a licensing authority or regulator for LetsExchange. The project does not publish that detail in the pages found.
Compare
Letsexchange alternatives
OKX is a major centralized crypto exchange for spot and derivatives trading, earn products and a Web3 wallet, with its own OKB token.
Robinhood is a US brokerage app offering commission-free stocks, options, futures and custodial crypto trading for retail investors.
Gate is a centralized crypto exchange founded in 2013 offering spot, futures, stocks and earn products for traders who want one multi-asset account.
Bitget is a centralized exchange for crypto spot and futures that also offers tokenized stocks, commodities and forex in one account, for active traders.
Deribit is a centralized crypto derivatives exchange known for Bitcoin and Ethereum options, plus futures, perpetuals and spot, aimed at active and institutiona
Backpack is a crypto exchange, US stock broker and self-custody wallet offering perps, lending yield and cross-collateral margin in one app.
Same category
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Bitvavo is an Amsterdam-based, MiCA-authorized crypto exchange offering 400+ assets, euro deposits, staking and leverage trading for European users.
Crypto.com is a centralized crypto exchange and app for buying, trading and spending 400+ coins, with a Visa card, staking and a separate self-custody wallet.
Coinsquare is a CIRO-registered Canadian crypto exchange with 60+ coins, staking and a wealth service, now described as part of Robinhood.
SwissBorg is a MiCA-regulated European crypto app that aggregates exchanges for trading, with Auto-Invest, Earn and a BORG loyalty token.
Phemex is a centralized crypto exchange offering spot, futures up to 150X, copy trading, bots and earn products for retail and active traders.
NBX is a Norwegian, MiCA-authorized centralized crypto exchange listed on Euronext Growth Oslo, built for Nordic users trading in kroner.
How we checked
Sources
No public sources were recorded for this review.
Last updated . Spotted an error? Tell us and we will correct it.