Best Crypto Swap Sites 2023: 9 Crypto Swap Platforms With Low Rates
Using multiple crypto trading accounts to buy and sell crypto can create headaches and increase security risks. A better way is to use a cryptocurrency swap service that connects to cryptocurrency exchanges and allows users to instantly trade coins at the best prices. We have assessed the best crypto swap platform based on important factors such as ease of use, reputation, available digital assets & stable coins, fees, security, and customer support.
List of the Best Crypto Swap Platforms For 2023
Based on our reviews, these are the top places to swap cryptocurrency instantly for other coins.
- Binance Convert (best crypto swap platform for large orders
- Ledger Swap (swap crypto within a hardware wallet)
- Crypto.com DeFi Swap DEX (swap DeFi tokens securely)
- Changelly (best crypto swap rates)
- SwapSpace (provides crypto exchange live rates)
- SimpleSwap (easy-to-use swap platform for crypto)
- Exolix (great for fixed conversion rates)
- Swapzone (best for rates comparison)
- StealthEX (best for limitless crypto swaps)
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Best Crypto Swap Sites: Reviewed
1. Binance Convert - Best Crypto Swap Site for Large Trades
Binance is our best-rated crypto swap platform in this comparison list. The cryptocurrency exchange offers a wide range of services for trading Bitcoin and other cryptocurrencies, but its most innovative feature is the Binance Convert. A simple crypto swap service that supports 300+ currencies (and fiat), including Bitcoin, Ethereum, Binance Coin, Cardano, EUR, GBP, and AUD. It is ideal for all traders on the platform. Binance Convert facilitates the conversion of one digital asset or fiat to another crypto or fiat currency.
For instance, traders can convert Bitcoin into another crypto like Ethereum or USD, and vice versa. This is a much cheaper alternative than the Spot Market option, where traders are levied 0.1% per trade. In addition, there is no need to use the Advanced charting and trading platform which will suit beginners.
Much like the Bitcoin pairs on Binance which can be traded with zero fees, Binance Convert also charges zero transaction fees. In addition, customers can convert using both market and limit orders. This means users can decide to set a limit order that initiates once the asset exceeds a certain price point. The limit order has a time option from 1 hour to 30 days.
How does it work?
- Select a currency to convert, for instance, Bitcoin (BTC)
- Select the unit of assets for conversion
- Select the currency being converted into, for instance, Binance USD (BUSD)
- Preview the conversion, which involves viewing the necessary details, especially the conversion rate
- Finalize the crypto swap and click on the 'Convert' button
- The swapped asset will be deposited in the Binance wallet
Read our full Binance review and claim the $100 referral bonus.
2. Ledger Swap - Swap Crypto Within Hardware Wallet
Ledger is a leading crypto wallet provider that offers self-custodial wallet services to crypto owners worldwide. In addition to its range of hardware wallets, Ledger allows users to swap 45 cryptocurrencies via Ledger Swap using the Ledger Live Software portal. With this feature, Ledger users can convert one digital asset to another, all within the safety of the hardware wallet.
Since Ledger isn't an exchange, the Ledger Live Crypto Swap is powered by third-party platforms and cryptocurrency exchanges. Changelly, 1inch, and Paraswap are some of the crypto exchange partners available for converting crypto on Ledger Swap. This means swapping crypto takes a few minutes because of third-party integration and processing.
Once the crypto exchange's application is installed in the wallet, the investor can access the Swap feature in Ledger live. The swapping process is similar to Binance Convert's process, but the exchange rates are higher since a third-party provider handles the swapping. Converting digital currencies on Ledger Swap also attracts a fee of 0.25%. The service providers charge a service fee, and network fees are also involved.
The best aspect of using a Ledger wallet to swap crypto is the high level of security attached. Ledger is known for the high-level safety measures used to protect its wallet users. The same security features are in place when swapping live on the crypto exchange. As Ledger users exchange their assets, the swaps are initiated directly from within a protected Ledger wallet.
3. Crypto.com DeFi Swap DEX - Best For Swapping DeFi Tokens
Crypto.com DeFi Swap is a robust and safe liquidity provider for decentralized finance (DeFi) tokens that powered by Crypto.com's Cronos (CRO) token. The platform enables its users to participate in DeFi token swaps via its DeFi wallet which supports 29 tokens at the time of writing. Some of the assets on the Crypto.com swap token list include the following:
- Ethereum (ETH)
- USD Coin (USDC)
- Tether (USDT)
- Aave (AAVE)
- Compound (COMP)
- Cronos (CRO)
- Curve DAO (CRV)
- Chainlink (LINK)
- Uniswap (UNI)
- Ren (REN)
- Nest Protocol (NEST)
Swapping tokens on DeFi Swap is quite seamless. All investors have to do is connect their Crypto.com DeFi wallet or MetaMask to the DeFi Swap page, choose the from/to networks and tokens, enter the amount, and swap. The crypto trading platform charges a 0.3% swap fee, which is on par with UniSwap DEX.
Apart from its token-swapping feature, DeFi Swap also offers liquidity pools where investors can provide liquidity to the decentralized exchange in exchange for returns. Furthermore, a Boost feature allows liquidity providers to increase and view their CRO and Bonus LP yields.
4. Changelly - Best For Crypto Swap Rates
Changelly was founded in 2015 and has become one of the best crypto swap platforms. Individuals can create an account and exchange crypto online instantly between Bitcoin and more than 200 altcoins to buy. The crypto swap platform has gained the trust of users over several years by providing a stable, transparent, fast and user-friendly interface to swap crypto assets quickly.
Unlike other swap websites, Changelly is one of the best no KYC platforms and does not require ID verification for all users. This makes the overall process to swap crypto fast and reliable. As a non-custodial swap platform, Changelly does not hold or store any of the cryptocurrencies as part of its service. The website claims 100% security on its platform and has not been hacked since it has been operating. Changelly is partnered with Ledger to allow crypto swaps using the best hardware wallets like the Nano S and Nano X wallets.
The fees for swapping between crypto-assets are competitive in the market with a flat 0.25% commission model. The speed to transfer the coins to the receiving wallet can take between 5 and 30 minutes depending on the respective blockchains.
Changelly also offers a professional cryptocurrency exchange that is inclusive of responsive charting, advanced crypto tools, and features to speculate on the markets 24/7. The charting system uses TradingView charts which offer a superior suite of technical analysis chart patterns and indicators.
Read our full Changelly review.
5. SwapSpace - Best Swap Website For Ease of Use
SwapSpace is a reputable cryptocurrency exchange aggregator, allowing crypto traders and investors to find the best live exchange rates for swapping tokens. The crypto exchange functions like a search engine that collects different exchange rates from various platforms including Binance, Exolix, and InstaSwap, to provide its live prices. By doing so, investors can choose the swapping platform that offers the best rates per time in one place.
Getting started on SwapSpace is straightforward. The interface is created to make it easy and smooth for users to navigate the crypto exchange, making it suitable for both savvy and inexperienced investors looking to find the top rates for various trading pairs. The crypto exchange requires no signups, logins, or trading limits. Furthermore, SwapSpace supports both cryptocurrencies and fiat currencies. The crypto exchange has over 1900 cryptocurrencies and 1000+ trading pairs available to investors.
Moreover, the swap platform doesn't charge deposit, transaction, or withdrawal fees. However, connected crypto exchanges may charge trading fees in addition to miner fees, depending on their fee structures and the selected cryptocurrencies.
With SwapSpace, there's no need for investors to have multiple accounts on different token-swapping crypto exchanges. SwapSpace does all the work and collects the data they need for their trades. And once a user chooses an offer, the current price is locked in until the transaction is completed on the blockchain.
Overall, SwapSpace is designed for easy and profitable swaps, with fixed and floating rates for newbies and experts worldwide. In addition, the cryptocurrency aggregator provides 24/7 support to its customers via email and live chat.
Read our full SwapSpace review.
6. SimpleSwap - Best For Beginners To Use
SimpleSwap is notable as one of the best crypto websites for easy coin conversions, especially because of its simplicity. As its name implies, SimpleSwap comes with a basic layout and setup. The website has a well-designed website that allows crypto investors to swap one coin for another directly from the homepage. The crypto trading platform supports more than 1,100 assets and over 300,000 trading pairs that users can swap using the crypto market's best-floating rates.
Transactions on the crypto exchange are devoid of complications, limits, or tedious registrations. Crypto traders can immediately swap cryptocurrency assets without undergoing drawn-out KYC processes. Once a trader chooses the coin pair they want to swap, the next stage is to connect their wallets to initiate the swap.
SimpleSwap is more than just an exchange for crypto conversion. The crypto exchange also has a built-in feature that allows investors to buy and sell crypto using 7+ fiat currencies (including USD and EUR) in the live markets using floating rates only. This is one of the drawbacks, as a floating rate means that the figure presented to the user at the point of exchange might differ from what they receive due to market volatility.
The SimpleSwap trading website works with on-ramp fiat provider Mercuryo for seamless fiat-to-crypto exchanges. However, the cryptocurrency exchange only offers buy orders at press time for both USD and EUR currencies, while sell orders are restricted to EUR transactions. The fiat-to-crypto exchange requires some form of documentation, unlike the crypto swap section.
Swapping on SimpleSwap goes through a four-stage process:
- First, select the crypto asset pairs to swap.
- Insert the recipient wallet address where the platform would forward the converted asset.
- Then, the swapping process will begin.
- After the process is completed, the converted coins will be deposited in the recipient's wallet address.
SimpleSwap doesn't specify its fee structure, but they point out that every transaction incurs a network fee. It is therefore assumed they charge a premium (or spread) above the market prices from aggregators.
7. Exolix - Great for Fixed Conversion Rates
Exolix is an exchange from Estonia that crypto enthusiasts created for crypto traders. The cryptocurrency swap exchange offers a fast and secure platform for traders to convert digital assets. The Exolix swap platform is suited for all investors irrespective of their risk appetite. The swap platform uses both floating and fixed rates – which is advantageous as it brings a certain level of flexibility for traders.
Exolix uses the fixed rate system to protect users from market volatility. With the fixed rate system, traders can lock in transactions for up to an hour and have the price fixed no matter the current market price realities. Of course, this means lower but more stable rates. In contrast, the flexible rates fluctuate more, which could be detrimental or beneficial to the trader. The exchange does not charge any other fees.
The benefit of using this platform is the anonymous feature. Investors can swap their crypto assets without any form of KYC. The Exolix platform is slightly different from other crypto swap sites. While there's an imposed trading minimum, the exchange does not impose a maximum transaction limit. In other words, users can swap large quantities of crypto instantly and anonymously.
Before completing the transaction, Exolix displays the trade total, transaction ID, input hash, and wallet addresses. With this breakdown, users get a better idea of their trade and monitor it until the coins are delivered to the designated wallet address; it also helps them to confirm that the amount received is accurate. One drawback of using this platform is the lack of a fiat-onramp for investors to convert their fiat funds to cryptos.
Read our full review on Exolix.
8. Swapzone - Best Swap Site for Rates Comparison
Swapzone is another popular token and coin swap exchange aggregator that integrates with over 15 crypto exchanges, including Exolix and LetsExchange. The crypto trading platform allows traders to convert cryptocurrencies and crypto tokens easily and instantly in one place. Like other crypto exchanges offering aggregator services, Swapzone provides users with the best market rates for more than 1,000 cryptocurrencies, and users can choose where to swap their coins from the available options.
At the same time, Swapzone helps users make informed cryptocurrency trading decisions and complete easy crypto conversions by displaying a list of its partner crypto exchanges. With this list, investors can review any exchange and its features on the Swapzone platform instead of visiting the crypto exchanges' websites.
Although Swapzone is not a decentralized exchange, like Ledger Swap and SwapSpace, it requires no KYC or registration process. However, the crypto exchange has other DEX-related features, like non-custodial exchange services, without the need to have an account or connect a wallet. As a result, Swapzone users do not have to worry about security.
Like the Ledger wallet, swap transactions are not instantaneous, as Swapzone relies on third-party crypto exchanges to execute the trade. However, it often takes a few minutes for the deposit to be completed.
In terms of trading fees, Swapzone has no trading fees associated with it directly. In other words, users can swap various tokens on Swapzone for free. However, connected crypto exchanges charge trading fees that are deducted during transactions. The trading fees typically vary by platform, and users will discover these fees before confirming their trades.
9. StealthEX (platform with limitless swaps
StealthEX is a cryptocurrency exchange platform that provides crypto-to-crypto conversion and fiat purchase of cryptocurrencies. StealthEX is notable for its unlimited swaps and privacy for traders. The website does not require any form of registration or KYC (except for fiat to crypto purchases). Moreover, the platform does not function as an aggregator like Swapzone. StealthEX does not aggregate rates for users to pick. Instead, the platform presents a trader with one single rate per order.
Based on our review, users have access to 900+ cryptocurrencies on StealthEX, using one of the best exchange rates in the market. StealthEx also partners with some of the best crypto exchanges, like Huobi, Binance, and KuCoin, to offer its customers a quality experience and high liquidity.
Like most of the options in our review, StealthEX is non-custodial – the platform does not store customers' assets. Users only have to select the coin being swapped, the crypto to be received, and a wallet address to receive the swapped coins. For its fiat-to-crypto orders, StealthEX partners with Mercuryo (a payment service provider that works with some of the best crypto exchanges). With this service, StealthEX users can purchase crypto using debit cards. The only snag with this partnership is the KYC process.
As for swap limits, there's no minimum transaction size on StealthEX. Transaction amounts only need to be enough to cover the liquidity provider's fee and any network or crypto exchange fees charged by the selected exchange. In addition, the trading fees on StealthEX depend on the cryptocurrency being swapped and the network fees at the time of exchange. To provide transparency, StealthEX does show the minimum amount required to cover all associated trading fees when a trade is opened.
Read our full StealthEX review.
What Is A Crypto Swap?
A crypto swap is a process of exchanging one digital asset for another without using fiat currency as an intermediary and between two wallets. Crypto swaps are usually performed using a cryptocurrency trading exchange or a swapping platform to allow quick coin-to-coin exchanges. Often, these platforms do not require an account to be created and are a popular choice for individuals that do not want to remain anonymous.
How To Swap Crypto Instantly
To swap crypto instantly to another coin, follow these steps:
- Register an account with an exchange such as Changelly
- Complete the signup registration process and verify your email
- Select the cryptocurrency you want to swap
- Enter the amount to swap
- Choose the cryptocurrency to receive in exchange
- Confirm the swap and confirm the transaction
Cryptocurrency Swap Platform Comparisons
This comparison guide provides an overview of where you can swap crypto instantly for other coins safely and easily. If you want to learn more about each provider, click on the links to read our detailed review.
| Exchange | Crypto Assets | Trading Fees | Rating | Promotion | Website | Review |
|---|---|---|---|---|---|---|
 Binance | 600+ | 0% to 0.1% | Rating    | Up to $100 welcome bonus | Visit Binance | Binance Review |
 Ledger Wallet | 5,550+ | 0.25% for swaps | Rating | None available at this time | Visit Ledger Wallet | |
 Crypto.com | 250+ | None (3.5% surcharge for credit card) | Rating | None available at this time | Visit Crypto.com | Crypto.com Review |
 Changelly | 170+ | 0.25% | Rating | None available at this time | Visit Changelly | Changelly Review |
 SwapSpace | 1,900+ | Determined by supported exchange | Rating | None available at this time | Visit SwapSpace | SwapSpace Review |
 Exolix | 400+ | Spreads (depending on coin network) | Rating | None available at this time | Visit Exolix | Exolix Review |
 StealthEx | 900+ | Spreads (depending on coin network) | Rating | None available at this time | Visit StealthEx | StealthEx Review |
 SimpleSwap | 1,110+ | Network fee (depending on coin network) | Rating | None available at this time | Visit SimpleSwap | |
 SwapZone | 1,000+ | Determined by supported exchanges | Rating | None available at this time | Visit SwapZone |
Frequently Asked Questions
A cryptocurrency exchange aggregator is a platform that collects market data and prices from several sources. Aggregators operate like a broker to make instant comparisons of crypto prices across multiple exchanges and peer-to-peer sites. Users can search and select the best deals from a single website.
The best way to swap Bitcoins to another cryptocurrency is by using a swapping service. These platforms allow users to instantly swap Bitcoin into another coin or token such as Ethereum, Litecoin or XRP. Crypto swap services such as Swapzone will send the coins directly to a hardware wallet.
Cryptocurrency swap platforms such as Swapspace and Simpleswap do not require its users to create an account or complete verification to swap crypto to another crypto. The exchange of digital assets is performed directly from one wallet to another and is not stored by the platform.
Cryptocurrency trading exchange are popular websites to change crypto to another coin, fiat currency or a stablecoin. Crypto swap websites allow users to change crypto instantly from one wallet to another, in which the coins are sent directly to a hardware wallet.
The fastest way to exchange crypto from one coin to another is to use a cryptocurrency swap service that allows wallet-to-wallet exchanges. These swap platforms do not require an account to be created which can be a lengthy process. The swapping of digital assets can take a few minutes to complete.
Conclusion
To conclude our article on the best cryptocurrency swap services, Binance Convert is our overall best platform for crypto swapping, with numerous features, including crypto-to-crypto and crypto-to-fiat conversions using live conversion rates. The crypto exchange also comes with zero trading fees, making it ideal for low- and high-volume traders, regardless of their experience level.
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