When looking to swap crypto, you shouldn’t use just the simplest way to do that. You must find a secure environment, some user verified platform to do that. Some CEX and DEX don’t give you a lot of choice but to lose control of your coins over time.
After you find a platform that you can trust, you should look at the range of cryptos that the platform provides. Today’s leading platforms support various different digital assets. The best crypto swap platforms are constantly adding new cryptos based on the demand of their users.
Also, try to avoid, i.e., eliminate fragmentation. Your security can be compromised if you have to constantly move your digital assets. The platform on which you buy them, after that you must use the exchange for swap, and in the end to send them to the wallet in which you will keep it. A lot less trouble and headache comes from the platform that delivers all of this in one spot.
This article is the best place to find all the information you need so that you can choose the best crypto swap platform that suits your needs. So let’s dive a little deeper into this topic together and find out the facts that will help you decide which platform to use.
What are crypto swaps?
Have you ever wondered how many different cryptocurrencies there are? Maybe a hundred? Or a few thousand?
According to CoinGecko, there are more than 10,300 cryptocurrencies, and more and more of them every day. And with that big bunch of possibilities, you’ll probably wish you had one of them at some point.
And you can easily give that coin a chance simply by making a swap. Swap crypto refers to exchanging (swapping) some cryptocurrency that you have into an equivalent value of another crypto.
Now, let’s see the best crypto swap platforms we have prepared for you and their features.
How To Swap Crypto Instantly
ChangeHero is a cryptocurrency swap service where you can swap 100+ different cryptos instantly and buy coins with credit/debit cards through a third-party service called mercuryo. It was founded in 2016 and started operating in 2018, based out of Hong Kong.
Fees are low, averaging 0,5% per transaction.
There is no need for a KYC process by default but there is an algo in the background that enforces a KYC on certain „suspicious“ transactions.
It is also important to note tht ChangeHero is a noncustodial service provider which means the platform does not have access to the user’s money and their private keys. The user has total control over their funds.
In order to use it, you don’t need to sign-up. There is also a 24/7 support on the site and the platform enjoys a great reputation in the community.
Changelly is maybe one of the most popular and trustworthy cryptocurrency exchanges that you can use for instant swapping.
It allows you to swap, buy and sell 170+ different cryptocurrencies.
Changelly was founded six years ago in Prague, Czech Republic. Now it has more than 2 million users that put their trust in this exchange. According to their website, Changelly has the best rates on the market.
There are no deposit fees, trading fees are low (0.25%), and there is no withdrawal fee. Changelly has excellent security, and it has never been hacked.
You can access Changelly from any country in the world (available worldwide), and it has 24/7 live chat support. Also, it is available for both Android and iOS devices.
SwapSpace is a crypto exchange intermediary and aggregator where you can find over 800 cryptocurrencies and 60,000 trading pairs. It allows its users to compare rates offered by different exchanges to choose the most profitable.
SwapSpace has a user-friendly interface convenient for both experts and beginners. If you want to use this platform, you don’t need to sign in. It is a non-custodial platform, so you can instantly swap crypto to crypto anonymously in just a few minutes.
The minimum amount of coin you want to swap varies, starting from about 2 to 20 $ for most cryptocurrencies. And there are no upper limits on the amount that you wish to exchange.
You can read a full review of SwapSpace by clicking here.
Like SwapSpace, Alligat0r is a platform that works with various exchanges in order to help its users find the most beneficial option for every swap.
You can find over 280 cryptocurrencies, and the list is growing by the day. Alligat0r also has a user-friendly interface, and there is no need to register on it to start swapping. There are no extra fees (only network and exchange fees apply).
Alligat0r is a trustworthy platform that protects your transactions with superior security technology.
InstaSwap is an instant cross-chain and non-custodial cryptocurrency exchange platform. It allows its users to buy, sell and exchange over 130 cryptocurrencies.
Their service works as an intermediate between users and crypto exchanges by providing the most beneficial way to swap your digital assets at the best rates on the market.
Based in Greece, InstaSwap is one of the most distinguished and popular European instant exchange platforms available to users worldwide (including the US).
It has slightly higher fees than other aggregators we can find on the market. Fiat-to-crypto swaps are charged with a 5.5% fee, while for fiat-to-fiat and crypto-to-crypto transactions, you will be charged a 0.25% fee.
Withdrawal fees vary from crypto to crypto. For instance, if you want to withdraw BTC, InstaSwap will charge you 0.0005 BTC per withdrawal.
Exolix is an anonymous and secure cryptocurrency exchange that you can use for instant swapping.
It allows you to swap, buy and sell 510+ different cryptocurrencies.
Exolix was founded in 2018 in Hong Kong (now they are based in Tallinn, Estonia). Exolix provides its clients with the highest anonymity standards, as you do need to register to make a transaction.
There are no deposit fees (but you can only deposit crypto), trading fees are 1.93% (higher than the industry average), and the withdrawal fee is 0.0005 BTC.
You can access Exolix from any country in the world (available worldwide), and it has reliable 24/7 live chat support. Also, Exolix mobile app is available for both Android and iOS devices.
SimpleSwap is an anonymous and instant cryptocurrency exchange based in the Marshall Islands. It allows you to swap, buy and sell over 300 different cryptocurrencies.
SimpleSwap doesn’t require you to register (no KYC), and it has a mobile app available for both iOS & Android devices.
You can read a review of SimpleSwap by clicking here.
In 2019 Swapzone joined the ranks of the cryptocurrency exchange sphere. It allows you to swap, buy and sell over 300 cryptocurrency assets. Swapzone is partnered with more than 10 exchanges.
Swapzone is a highly transparent, non-custodial crypto-to-crypto exchange that provides its users with great and fast service, and it does not require any registration. Swapzone is available worldwide, and it has reliable 24/7 live chat support.
More than 1 million satisfied users make ChangeNOW a popular cryptocurrency exchange service. It is a fast and efficient exchange platform, and it is more secure than most centralized exchanges available on the market today.
On ChangeNOW, you can find over 200 cryptocurrencies and 50,000 trading pairs. Based in Seychelles, ChangeNOW is available to users worldwide (including the US), and it also has a mobile app available for both Android and iOS devices.
The minimum amount of coin you want to swap varies, starting from 2 $ for most cryptocurrencies, and there are no upper limits.
You can read a full review of ChangeNOW by clicking here.
Uniswap (on ETH)
Uniswap is a DEX and liquidity pool, and it is a highly safe cryptocurrency exchange. You can use it to swap, earn, and build on. Uniswap is built on top of the Ethereum network, meaning that Uniswap has equal security as the Ethereum blockchain.
It has more than 1,5 million satisfied users, making this exchange one of the leading decentralized crypto platforms. Uniswap has acceptable fees. It charges a 0.3% fee for all swaps.
But don’t forget, Uniswap has no control over gas fees, which can be very high because we are talking about transactions on an Ethereum network.
You can read a full review of Uniswap by clicking here.
Quickswap (on Polygon)
Quickswap is the next generation Layer 2 decentralized exchange, and it is the pioneer of AMM in the DeFi sector. Quickswap is built on the Polygon protocol, and it is a fork of Uniswap. They have an almost identical look and experience.
Unlike the Uniswap and Ethereum network, QuickSwap can swap any ERC-20 assets almost free of charge (very low gas fees) and at lightning-fast speeds. It charges a 0.3% fee for all swaps.
If you want to know more about the top 5 DEX on Polygon (MATIC) Network, click here.
Pancakeswap (on BSC)
PancakeSwap was founded in 2020, the so-called „DeFi Year,“ and it is a new automated market maker and decentralized exchange. It is listed on the Binance Smart Chain and offers its users several innovative ways to profit from their crypto assets.
PancakeSwap is the leading AMM platform on the BSC, and like Quickswap, it provides much faster transactions and lower fees than DeFi projects built on Ethereum. It charges a 0.2% fee for all swaps.
You can read a full review of PancakeSwap by clicking here.
Raydium (on Solana)
Raydium is an AMM and DEX built on the Solana blockchain network. It is one of the biggest decentralized exchanges in the entire SOL network.
It charges a 0.25% fee for all swaps (the average transaction fee on Solana is less than $0.01).
If you want to read more about the Best Dex on Solana, click here.
Spiritswap (on Fantom)
Another killer of DEXs built on the Ethereum blockchain. SpiritSwap is considered one of the biggest DEX on the Fantom Opera Chain. It has a similar user interface as Uniswap.
SpiritSwap is a platform for trading, farming, and staking. Exchange charges a 0.3% fee for all swaps.
If you want to read more about the Best Projects on Fantom, just click here.
- Coinbase vs. Changelly
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- Crypto.com DeFi Swap Review & Tutorial
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com