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SwapSpace Review
Hedge With Crypto aims to publish information that is factual and accurate as of the date of publication. For specific information about a cryptocurrency exchange or trading platform please visit that provider’s website. This information is general in nature and is for education purposes only. Hedge With Crypto does not provide financial advice nor does it take into account your personal financial situation. We encourage you to seek financial advice from an independent financial advisor where appropriate and make your own enquiries.
TABLE OF CONTENTS
Our Take
Bottom line:
SwapSpace is a cryptocurrency swap aggregator that allows traders and investors to search for the best rates in the crypto marketplace to instantly swap coins. Their instant crypto swap service is an easy, beginner-friendly, and secure way to exchange various digital assets without having to create an account, complete KYC, and any exchange limits.
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Trading Fees:
Determined by supported exchange
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Currency:
N/A
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Country:
Global
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Promotion:
None available at this time
SwapSpace Overview
SwapSpace acts as an information intermediary and aggregator of various virtual currency exchanges that allows clients to instantly swap over 300 cryptocurrencies with both fixed and floating rates. The SwapSpace platform is partnered with trustworthy and established global exchanges to offer the best rate options to its customers such as Changelly, ChangeNOW, Exolix and SimpleSwap to bring the best crypto prices to investors around the world.
Some of the notable features include:
- Account registration or identity verification required
- Over 300 digital currencies to swap instantly
- Fast and secure exchange
- Non-custodial in design that does not store assets
- Fixed and flexible live rates
- Aggregates price data from several exchanges to obtain the best rates
How Does SwapSpace Work?
SwapSpace is partnered with some of the most popular instant cryptocurrency platforms to aggregate the best crypto rates from services such as StealthEX, Changelly, ChangeNOW, SimpleSwap, ChangeHERO and GodEX. There is no need to sign up for mulitple cryptocurrency trading exchanges to find the best price. SwapSpace does the hard work by searching for the best available rate.
The offered prices are locked in until the user completes the transaction and is confirmed on the blockchain. This means that SwapSpace users can quickly and anonymously convert cryptocurrency or tokens in a few minutes at the best price.
SwapSpace Compared
Beginner-friendly, non-custodial, and easy-to-use is important features of SwapSpace. This comparison table lists other popular crypto exchanges that allow users to swap crypto instantly.
| EXCHANGE | CRYPTO ASSETS | TRADING FEES | RATING | PROMOTION | WEBSITE | REVIEW |
|---|---|---|---|---|---|---|
 Changelly
|
545 |
Flat 0.25% or 0.1% (Changelly Pro) |
Rating
We provide an overall weighted average rating out of 5 stars. Our ratings are based on objective criteria like the ease of use, fees, deposit methods, customer support and availability. Our reviews are not influenced by 3rd parties. Click here for further information about our rating methodology and a full list of categories we review against. 4.0 / 5
|
None available at this time |
Visit Changelly | Changelly Review |
 ChangeNOW
|
1026 |
Variable (1.2% to 2.95%) |
Rating
We provide an overall weighted average rating out of 5 stars. Our ratings are based on objective criteria like the ease of use, fees, deposit methods, customer support and availability. Our reviews are not influenced by 3rd parties. Click here for further information about our rating methodology and a full list of categories we review against. 3.9 / 5 
|
None available at this time |
Visit ChangeNOW | ChangeNOW Review |
 Exolix
|
400+ |
Spreads (depending on coin network) |
Rating
We provide an overall weighted average rating out of 5 stars. Our ratings are based on objective criteria like the ease of use, fees, deposit methods, customer support and availability. Our reviews are not influenced by 3rd parties. Click here for further information about our rating methodology and a full list of categories we review against. 4.0 / 5
|
None available at this time |
Visit Exolix | Exolix Review |
Is SwapSpace Safe?
SwapSpace is a safe place to convert cryptocurrencies and tokens instantly. Users’ funds are NOT stored on the site which could otherwise be hacked or compromised. SwapSpace also does not require access to your Bitcoin private keys or any user information. The swap service will send coins to a hardware wallet once the transaction is completed for safe-keeping.
Are US Residents Allowed?
SwapSpace does not allow US customers to use or access their service due to strict regulations. The list of prohibited countries includes Bangladesh, Bolivia, Cuba, CrimeaIran, North Korea, Sudan, Syria, United States of America (including all USA territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John and St. Thomas))
Are There Any Fees?
SwapSpace gathers crypto rates in one place onscreen and lets customers compare and choose the best rate on the market. There are no additional fees over the partners’ rates.
Supported Coins
SwapSpace supports over 300 cryptocurrencies including the major digital currencies such as Bitcoin, Ethereum, Litecoin, Ripple, EOS, Stellar, Monero and many more. SwapSpace is continually adding support for new exchange partners which will result in more coins being added to the service. For a full list of the SwapSpace-supported coins, visit their website.
How To Swap Crypto Using SwapSpace
To instantly swap cryptocurrency with SwapSpace, follow these simple steps:
- Choose a cryptocurrency pair
- Select an amount to swap
- Choose the best rate
- Enter in transaction address
- Transfer funds
Select the Cryptocurrency & Amount To Swap
Using the widget on the SwapSpace.co website, select the cryptocurrency that you wish to sell using the drop-down menu. There are over 300 cryptocurrencies to choose from such as Bitcoin, Ethereum, Cardano, Basic Attention Token, LINK and Tezos. Once you have entered in the sell amount, choose the cryptocurrency you want to purchase.
Choose The Best Rate
SwapSpace will show the list of the available rate options from the list of partners. The best rate will be displayed up the top. Choose the best rate from the exchange partners. Choose the most profitable rate and click the ‘Exchange' button.
Enter Transaction Details
The next step is to enter the recipient's address. Make sure that your cryptocurrency hardware wallet can support the coin before completing the transaction. For example, if you want to swap Bitcoin to Ethereum, you will need to enter your Ethereum address as shown below. Not a Bitcoin address or another crypto. Otherwise, you could potentially lose your coins. Once you are satisfied with the order, accept the T&Cs and click on ‘Next'.
Transfer Funds
The final step is to transfer funds of the cryptocurrency that you wish to swap. Once the order is completed, the cryptocurrency will be sent to the provided address. The processing time can take up to 1 hour and depends on the speed of work of SwapSpace's partners and a total load of blockchain networks.
The average swap time for the most popular cryptocurrencies is about 15-20 minutes.
Frequently Asked Questions
Is SwapSpace Legit?
SwapSpace is a legit crypto service that has been operating since 2019 and platform with trusted names in the cryptocurrency environment such as ChangeNOW and Changelly. Users can instantly trade crypto anonymously as there is no requirement to create an account or submit identity documentation to SwapSpace.
Do You Need To Complete Account Verification?
SwapSpace users do not need to create an account to use the service. Some of the SwapSpace exchange partners do require its users to prove identity and complete a Know-Your-Customer (KYC) process. If you select a swap rate with one of these providers, then you will need to submit identity documentation before completing the transaction.
Is There A Minimum Amount To Swap?
SwapSpace does not limit the amount to exchange. Users will need to consider the network fee to ensure the amount covers the blockchain transaction cost.
How We Rated SwapSpace
| Category | Hedge With Crypto Rating |
|---|---|
| Features | 3 / 5 |
| Supported Fiat and Deposit Methods | 4.3 / 5 |
| Supported Crypto & Trading Pairs | 4.3 / 5 |
| Fees | 4.5 / 5 |
| Ease of Use | 4.5 / 5 |
| Customer support | 3.4 / 5 |
| Security Measures | 4 / 5 |
| Mobile App | 3 / 5 |
Kevin Groves
Kevin started in the cryptocurrency space in 2016 and began investing in Bitcoin before exclusively trading digital currencies on various brokers, exchanges and trading platforms. He started Hedge With Crypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world.
