These 5 Crypto Swap Platforms Offer the Best Exchange Rates in 2024
Let’s face it, when swapping crypto, the last thing anyone wants is to watch their hard-earned gains get gobbled up by fees, right? Unfortunately, some exchanges are like hidden fee ninjas, sneaking in those extra costs, or just plain overcharging. But don’t lose hope just yet! There are some heroes out there, platforms that offer the best exchange rates and actually care about users getting the most bang for their crypto buck. Here are 5 of them.
ChangeNOW
When it comes to the best exchange rates, ChangeNOW is where they’re at. ChangeNOW keeps it simple, letting users swap over 1,000 digital assets with zero hidden fees. And with partnerships across multiple liquidity providers, including big-name CEXs and DEXs, they’re guaranteed to score profitable deals every time they process an exchange.
With support for over 1,000,000 swapping pairs and the ability to handle transactions starting from just $2 — with no upper limit — it’s a flexible option for any user. Its simple interface, cross-chain swaps across more than 110 blockchains (ETH, BSC, TRX, just to name a few), and the option to set up a permanent exchange address for future transactions make everything even smoother.
Users can relax knowing they won’t get hit with big price changes, even on smaller swaps. The payout will be what they expect or close to it since the exchange rate is shown upfront, before the swap even starts.
Source: Trustpilot
Once everything’s confirmed, it’s just a matter of waiting for the transaction to go through and the funds to land in a user’s wallet. Most swaps are wrapped up in around 5 minutes, but timing may shift based on network conditions.
ChangeNOW takes customer support seriously, with a 24/7 online chat and a 99% success rate in resolving user errors like sending a deposit to the wrong network or initiating an exchange with the wrong asset.
Source: Trustpilot
Because of its non-custodial nature, there is no obligatory KYC on the platform. Identity verification is only requested when ChangeNOW’s risk-prevention system spots suspicious transactions. Registration isn’t required either, however, upgrading to ChangeNOW Pro unlocks cashback on every swap, unlimited crypto loans, reduced fees, and more. Plus, their mobile apps (iOS and Android) and Telegram integration make it super convenient to swap crypto on the go.
Swapzone
Swapping crypto at the best rates is so smooth with Swapzone, which parses through top platforms to give you a straightforward look at rates, fees, and transfer times in real time.
For example, with Swapzone, users can easily find the most cost-effective Bitcoin to Monero swaps from 18 different exchanges. The platform’s simple interface gets users swapping almost instantly, making crypto exchanges no-brainer.
Source: Trustpilot
It’s important to note that Swapzone doesn’t charge users any extra fees for their transactions. They’ve managed to roll the crypto exchange and network fees into the rates you see, giving users a transparent and cost-effective swapping experience.
Not only that, but Swapzone also prioritizes security, ensuring a safe environment for exchanges with sophisticated measures like encryption and regular audits just to name a few, so that users can swap confidently, knowing their crypto belongs only to them. And if they ever need a helping hand, their 24/7 live support has got their back.
StealthEX
StealthEX is one more non-custodial crypto exchange, offering a selection of over 1,500 cryptocurrencies and numerous exchange pairs accessible via both its web platform and mobile app for Android users.
Users can easily perform unrestricted cross-chain swaps without the hassle of registration and the need to go through WalletConnect, which is a nice touch. StealthEX also allows them to buy cryptocurrency with fiat, without requiring KYC for cumulative purchases under $700. With connections to multiple liquidity providers, users can benefit from competitive rates, especially during those volatile market moments.
On the right side of the StealthEX exchange interface, the estimated amount users will receive out of each swap is displayed, giving them a clear idea of what to expect. For those who still want 100% certainty in their transactions, the fixed-rate swap option allows for receiving an exact amount.
Source: Trustpilot
But either way, whether opting for fixed or floating exchange rates, StealthEX’s algorithm is designed to find the best crypto rates available and handles the swap automatically. Once the process is completed, the exchanged funds are sent directly to the specified wallet address.
Changelly
When scouting for crypto exchanges with the best rates, Changelly shouldn’t be overlooked. It’s an instant-execution exchange that prides itself on super-low fees — as low as 0.25% for crypto swaps.
With support for over 500 cryptocurrencies, Changelly offers a secure and straightforward way to swap assets, even though its selection might be a tad smaller than some other platforms out there.
Source: Trustpilot
Teaming up with more than 20 trading platforms, Changelly consistently nabs top market rates and ensures silky-smooth transactions, saving users potential extra costs. Most exchanges are relatively fast, taking 10 to 40 minutes.
To reap even better rates, users can download the Changelly app, which also grants them an exclusive discount on their very first crypto exchange transaction. On the security front, Changelly has users covered by transferring funds directly to users’ wallets and providing round-the-clock live support.
CoinEx
When it comes to competitive exchange rates and a seamless user experience, CoinEx is also worth a mention. With its self-developed algorithm, CoinEx offers a simple and swift way to exchange two crypto assets — all with just one click.
Source: Trustpilot
To ensure the best rates for each swap, CoinEx systematically calculates the latest quotation. Users can sit back and relax, as there’s no need to juggle orders or wait for transaction execution. Once a user confirms the quotation, CoinEx handles the rest, seamlessly settling the swap in their spot account.
Users should keep in mind that the minimum swap amount is around $1, but crypto-specific limits may vary. They will be notified right away if the amount is below the minimum value.
Although there’s no daily cap on swaps, individual transactions do have a maximum limit.
Of course, fees apply to swapping on CoinEX, but users can snag discounts through VIP perks or CET deductions. CET is CoinEx’s native coin, granting users access to lower transaction costs.
Conclusion
If you’re hunting for the cream of the crop in crypto exchanges, it pays to watch for things like no hidden fees, buddies with a bunch of liquidity providers, and speedy swaps. While other exchanges on the list are definitely worth consideration, ChangeNOW nails it on all fronts, and users can truly rely on this platform to handle all their crypto swapping and buying needs since it brings flexibility and peace of mind to every transaction.