Crypto swapping allows you to instantly trade one cryptocurrency for another, with no crypto-to-fiat exchange required. Saving time and paying less in fees are obvious benefits, but it’s far from the only reason users participate in swapping.

Swapping makes it easier for crypto users to explore the further reaches of the blockchain, and be a part of multiple projects they wish to support. Sometimes swaps are necessary to cover the fees on a transaction that can only be paid in a specific blockchain’s native coin.

What is a Crypto Swap?
Crypto Swaps allows users to seamlessly transfer one cryptocurrency for an equal amount in value of another cryptocurrency. Transactions happen instantaneously and without the need to first exchange crypto for fiat. Crypto exchanges offer up various trading pairs, and asset combinations that can be swapped within their platform. Different swap services offer different trading pairs, and those allowing swaps between two very small or obscure coins may be more difficult to find.

How do I Swap Crypto?

Swapping is a popular activity among crypto users, so services of various types and sizes now offer swaps. There are two primary venues where crypto swapping takes place:

• Centralized Exchanges

• Decentralized Exchanges

Centralized Exchanges:
As the popularity of cryptocurrencies significantly increased over the past years many centralized exchanges have appeared to meet the demand. Typically, they compete with each other by the number of trading pairs. When you are swapping cryptocurrency, a trading pair lets you make the exchange at reduced cost, or even free.

Many of these platforms offer crypto-swapping features; however, they differentiate their offerings via a variety of trading pairs.

Decentralized Exchanges:
Decentralized exchanges (DEXs) involve no central governing authority. Instead, they are regulated by self-executing smart contracts. Furthermore, DEXs are peer-to-peer, allowing users to directly swap cryptocurrencies without an intermediary.

They do not require any verification as the funds are simply transferred between user’s wallets. Being decentralized they do not depend on any central server and are accessible anywhere in the world.

Top-5 Crypto Swap Platforms:

ChangeNow:
ChangeNOW offers non-custodial cryptocurrency processing and exchanges, prioritizing safety, simplicity, and convenience. It doesn’t store funds or require account creation. Plus, you can access these features through API integration, making your business more appealing to clients.

EasyBit:
EasyBit stands out for its low fees and best market rates, gaining significant traction. With over 200+ supported coins, it completes transactions in just 5 minutes. The platform features Volatility Protection Mode to secure assets during market fluctuations, among other useful functionalities.

Changelly:
Changelly facilitates quick cryptocurrency swaps and purchases with a bank card, supporting over 140 cryptocurrencies. Offering instant swaps without deposit storage, it ensures account security through two-factor authentication.

Changelly is accessible worldwide, except in restricted jurisdictions, and offers a full-featured trading platform, DeFi Swap, and a fiat-to-crypto market.

CoinStats:
CoinStats emerges as a leading crypto swap platform, eliminating extra fees for swaps and supporting various cryptocurrencies, NFTs, and DeFi platforms. Its upgraded version integrates crypto research and swapping services seamlessly on both desktop and mobile applications, available across major app stores.

Godex:
Godex provides anonymous, safe, and fast cryptocurrency swaps with over 200 currencies, requiring no personal information or accounts. Its generous affiliate program offers up to 0.60% commission on trades made by new users. While trading fees apply, there are no withdrawal fees from Godex accounts.

In the Cryptocurrency scenario, crypto swapping is proving to be the best solution for people. Moreover, crypto swapping involves minimum risk and bare minimum fees. If you are looking to start a crypto swap then reach out to CoinsQueens.

CoinsQueens is a reputable cryptocurrency exchange development company. They have seven years of experience in providing blockchain-related services and employ certified blockchain developers inside the company. For your convenience, I have put their information below.

Check them out!

Whats App – 8754053377

Drop an Email: sales@coinsqueens.com