Creating multiple accounts with different cryptocurrency trading platforms can be challenging to trade altcoin. A better solution is to use an instant swap service that integrates with numerous exchanges.
One of the most popular non-custodial swap platforms is StealthEX.
While we aim to provide you with accurate and the latest information in this StealthEX review, we strongly suggest that you visit the website to keep updated with any changes that may occur afterward.
Ease of use
Before diving into this review, it is highly recommended to use a hardware wallet such as the Ledger Nano X when swapping cryptocurrencies. The ownership of crypto remains in the investor's possession and control, not the exchange. Read our guide on the best crypto wallets for more information.
What Is StealthEX?
StealthEX.io is a non-custodial instant swap service that was established in 2018 to allow individuals to exchange one crypto to another with anonymity. The platform supports 300+ supported coins and integrates with top cryptocurrency trading exchanges in the world to obtain the best prices and rates. StealthEX is designed to have no limits, which means its users can swap any amount of crypto via its beginner-friendly user-interface.
Beginner-friendliness and a wide variety of supported coins are important features on StealthEX. This comparison table lists other top instant swap crypto platforms.
0.5% - 3.99%
Features & Services
Ease of use
StealthEX has been specifically designed for users to convert crypto using a simple and minimal web interface to swap cryptocurrencies. The exchange of digital assets can be completed in minutes without any confusing price charts and order types.
StealthEX is a non-custodial exchange that allows the instant swapping of cryptocurrencies without providing any personal details. There is no requirement to create an account or complete KYC. Swapped funds are sent directly to a hardware wallet and not stored on the exchange.
StealthEX integrates with the largest cryptocurrency exchanges in the world such as Binance, KuCoin and Okex to offer 300+ cryptocurrency assets. The platform is able to find the best prices and rates across each exchange.
How StealthEX Works
When a user enters in the asset to swap in the drop-down list and the coin to receive, the platform will connect and search its multiple exchange partners. StealthEX's algorithms will find the best price and rates for the trading pair and display the best conversion rate for the crypto-to-crypto trade. Once the order is confirmed, the swap is carried out with the exchange. Customers do not need to transfer their assets to StealthEX.
The swap speed can take between 5 and 30 minutes depending on the cryptocurrency and blockchain network usage at the time of the transaction. Once completed, the coins are sent directly to the provided hardware wallet address.
Is StealthEX Safe?
Non-custodial instant swap platforms such as StealthEX are one of the most secure exchanges to use for converting digital assets such as Bitcoin, Ethereum and XRP into other coins. The exchange does not collect any personal information or store assets so there is almost zero-risk of identity fraud and theft of funds using StealthEX.
StealthEX integrates with 6 cryptocurrency trading platforms that include Binance, Bitfinex, Bittrex, HitBTC, KuCoin and OKEX. Each exchange on its own rights are top liquidity providers and currently ranked within the top 15 exchanges in the world for traffic, liquidity, trading volumes according to Coinmarketcap. StealthEX users can therefore obtain the best pricing and rates to swap crypto-to-crypto without having to create multiple trading accounts with each exchange.
The design of a cryptocurrency exchange is an important consideration as this is where most of a trader's time will be spent. A benefit of using StealthEX compared to other swap platforms is the purpose-built user interface that has been designed to suit all individuals. The process to swap cryptocurrencies is simple and can be completed in four steps.
- Select the asset to send and receive
- Choose the amount to swap
- Enter in the recipient's wallet address
- Deposit funds and receive funds in the wallet
To get started, the process starts with using the drop-down menu and selecting the coin to transfer and receive in return. Once the amount has been entered in, StealthEX will calculate the conversion rate using its own algorithm and preview the rate.
Stealthex also offers fixed rates to lock in a conversion price throughout the transaction process. This means the rate will remain as quoted and be converted as the displayed price when the funds are transferred to the wallet.
The cost of an instant swap using StealthEX is the network transaction fee in addition to any fees charged by the liquidity partners. The total fee can therefore vary between the selected coin. For example, if a user wants to convert Bitcoin to Ethereum and the trade is performed by Binance, the transaction fee would be approximately 0.1% depending on the amount traded.
The final trading fee is shown before the transaction is completed. Users should be aware that StealthEX does not carry forward any loyalty program fee discounts or trading rebates that would normally apply when using the actual cryptocurrency exchange.
StealthEX has a minimum swap amount to ensure the transaction is processed on the blockchain network inclusive of miners fees. The minimum amount varies for each coin and will be displayed on the interface. There is no maximum limit to instantly swap crypto to crypto.
Frequently Asked Questions
Is StealthEX Legit?
StealthEX is a non-custodial cryptocurrency service that offers a legitimate platform for investors to instantly and convert digital assets to other coins. The exchange does not face the same risks as centralized exchanges such as identity fraud and theft of funds from hackers.
Do I Need A Hardware Wallet To Use StealthEX?
Customers will need to provide a wallet address to send and receive cryptocurrencies using StealthEX. The platform does not handle or store cryptocurrency assets. The best method is to use a reputable hardware wallet to perform the swap.
To conclude our StealthEX review, the exchange provides an instant, safe and secure service for altcoin investors and traders. The ability to quickly swap coins without having to create accounts on multiple crypto trading platforms to convert a particular coin is a major benefit.
You Might Also Be Interested In:
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- Exolix Review: Features, Crypto Swaps & Fees
- How To Demo Trade Bitcoin For Free?
- How Long Does A Bitcoin Transfer Take To Process?
Low trading fees are very important for any prospective cryptocurrency investor. The following cryptocurrency trading exchanges - in addition to the above exchange - provide low transaction costs for buy and sell trades: