Official name: SwapSpace
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Headquarters: Marshall Islands
Year of establishment: 2019
Exchange type: Non-custodial
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Trading fees: Included in the displayed rates
Deposit method: Cryptocurrency
Supported coins: 350+ cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and many more
Customer service: email, chat.
While cryptocurrencies are growing in popularity, their inconsistency sometimes makes it difficult to see what and decide about the best exchange to use, what prices are good and what to get ripped off, and so on. And here the aggregator comes out.
The SwapSpace cryptocurrency exchange aggregator combines exchange options for instant exchanges, and it’s you who compare offers and make the final decision. This removes the search part of cryptocurrency exchanges while keeping your private key.
In this article, we will cover complete aspects of the SwapSpace exchange such as features, fees, supported currencies, trading and much more. Let’s dig into the SwapSpace review in detail now.
What is SwapSpace?
SwapSpace is an instant cryptocurrency exchange aggregator that combines thousands of exchange offers by more than twelve major exchanges into one simple interface. It has been operating worldwide since 2019 and is suitable for beginners who have not yet gotten exchange sticks and candles and for professional traders who need a quick exchange or choose not to trust their funds for custodial exchanges.
Currently, SwapSpace works closely with all major players in the instant exchange market (Changelly, SimpleSwap, ChangeNow, ChangeHero, and many more). It collects prices for over 350 cryptocurrencies and shows it is regulated from the best.
SwapSpace offers an instant, simple, registration-free crypto-to-crypto exchange service. This service can be accessed via any device. For Trezor users, this provides an opportunity to exchange via Trezor Connect without leaving SwapSpace.
It also offers APIs for any service including crypto wallets so that users can exchange cryptos directly without needing to visit the SwapSpace website.
1) No registration. To use SwapSpace, you don’t need to register or enter your personal data.
2) No pre-KYC. At SwapSpace, you don’t have to go through mandatory KYC procedures. However, its partners can prepare selective KYC checks if it detects suspicious transactions.
4) A large number of coins and tokens. Currently, SwapSpace offers more than 350 cryptocurrencies to exchange, which makes it an instant exchange with one of the widest types of coins.
5) Fixed and floating exchange rates.
6) No additional fees. SwapSpace shares fees with an integrated exchange instead of charging its customers. Along with providing an opportunity to compare rates and choose the best, it makes for a profitable exchange.
7) Unbelievable. Because SwapSpace is non-custodial, SwapSpace does not hold your funds and allows you to store your private keys. You are the sole custodian of your crypto.
SwapSpace Fees and Limits
SwapSpace doesn’t charge any additional fees from its customers, which means that in the SwapSpace interface you will see the same numbers as the integrated exchange service. The lower limit starts at $ 2, and they don’t set an upper limit for swaps.
SwapSpace Supported Currencies
SwapSpace supports more than 350 cryptocurrencies, and this number is growing. This list includes major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), stablecoin (Tether (USDT), USD Coin (USDC), and many more), recent breakthroughs like Polkadot (DOT), and many more. . various DeFi coins (YFI, YFII, SushiSwap, Aave, Compound, Sun).
How to EChange Cryptocurrency on SwapSpace
STEP 1. Select a partner and select a tariff
To buy Bitcoin with Ethereum, select ETH in “you send” and Bitcoin in the “You can” section of the SwapSpace homepage. You can type it manually or choose from the drop-down menu. Enter the amount of Ethereum you wish to exchange. Press “View offers” and then grab a crypto exchange service that meets your needs.
STEP 2. Enter the address of the recipient
Provide the address of the Bitcoin wallet where you wish to receive funds
Check the information carefully and click the “Next” button.
STEP 3. Transfer funds
Send the exact amount of ETH to the address given and receive Bitcoin in your wallet within minutes.
STEP 4. Wait for the exchange to complete
You will have Bitcoin in your wallet in a few minutes! The exact time depends on various parameters: blockchain network workload, transaction time, processing speed, etc. Worried about your transaction? Check swap tracker or contact support.
Pros and Cons of SwapSpace
- No registration or mandatory pre-KYC
- Fast and secure cryptocurrency exchange
- There are no additional fees
- Fixed and floating exchange rates
- 350+ currencies available
- 24/7 chat and email support
- There is no trading with fiat currency
- This is a fairly new company