SwapSpace Review: Is It Safe and Legit?

SwapSpace is a cryptocurrency exchange aggregator that allows traders and investors to search the best rates in the crypto market place to instantly swap coins. Their instant crypto-to-crypto service is an easy, beginner-friendly and secure way to exchange various digital assets without having to create an account and exchange limits.

SwapSpace exchange supports over 300 crypto assets and is partnered with trustworthy and established global exchanges to offer the best rate options to its customers.

In this SwapSpace review, we will provide an overview and assessment of the cryptocurrency exchange to help you gain an appreciation of its features, user-interface and trading fees. While we aim to always provide you with accurate information, we suggest that you visit the website to keep up to date with changes that may occur afterward.  

swapspace site

What Is SwapSpace?

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 has partnered with global instant crypto exchanges such as Changelly, ChangeNOW and SimpleSwap to bring the best crypto prices to investors around the world.

SwapSpace Compared

Beginner friendly and ease of use are an important features on SwapSpace. This comparison table lists other popular crypto exchanges that allows users to swap crypto instantly using a simple to use website.

Exchange

Fees

Rating

Website

changelly

0.25%

4.15 / 5

changenow

0.5% - 1.5%

4.15 / 5

swapspace

No additional fees

4.10 / 5

simpleswap

Varies

4 / 5

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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.

how swapspace works

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 private keys or any user information. The swap service will send coins to your personnel hardware wallet once the transaction is completed for safe-keeping.

SwapSpace 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.  

How To Swap Crypto Using SwapSpace

To instantly swap cryptocurrency with SwapSpace, follow these simple steps:

  1. Choose a cryptocurrency pair 
  2. Select an amount to swap
  3. Choose the best rate
  4. Enter in transaction address
  5. Transfer funds
swapspace cryptocurrency

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. Some exchanges do require you to pass the AML/KYC procedure.

Choose the most profitable rate and click the 'Exchange' button.

swapspace rates

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'.   

swapspace wallet

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 the total load of blockchain networks.

The average swap time for the most popular cryptocurrencies is about 15-20 minutes.

swapspace deposit

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. 

What Cryptocurrencies Does SwapSpace Support?

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.

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.

Can US Residents Use SwapSpace?

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))

Conclusion

To conclude our SwapSpace review, the ease of use and simple to use interface makes the instant crypto swap service a great place to exchange digital currencies. Through its partner program with reputable fiat to crypto exchanges, SwapSpace is able to offer its users the best rate options.  

When it comes to safety and security, SwapSpace does not collect information from users and does not store any funds on the exchange. There are also no additional fees charged to exchange cryptocurrencies. Overall, SwapSpace is an innovative service to instantly convert cryptocurrencies.


It's important to use a global and trustworthy crypto exchange to buy, trade and sell Bitcoin and cryptocurrencies. There are several exchanges that have been hacked or had client funds stolen. The following cryptocurrency trading exchanges - in addition to the above exchange - are well known and trusted to provide a safe and secure way for beginners and professional crypto traders to deposit fiat currency and purchase digital assets. 

  1. CEX.io
  2. Kucoin
  3. Crypto.com
  4. Plus500
  5. Easy Crypto
  6. Binance
  7. OKex
  8. Bitit
  9. WazirX
  10. ZipMEX

SwapSpace

4.15

Ease of use

4.0/5

Reputation

3.5/5

Fees

4.8/5

Security

4.8/5

Customer support

3.8/5

Pros

  • Over 300 cryptocurrencies
  • Simple and easy to use
  • No account registration
  • Choose the best rates and prices
  • Crypto sent directly to wallet

Cons

  • No partnerships with large crypto exchanges
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Kevin
Kevin is the founder of hedgewithcrypto and is passionate about blockchain technology. He has been involved with Bitcoin since 2016 after discovering it's potential as an alternative to fiat currency. He is also a trader with over 8 years of experience and is now trading crypto using various platforms. Now, he is focussed on helping others learn about cryptocurrencies via hedgewithcrypto.

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