Instant swaps have become quite popular in the crypto space these days. There are numerous custody-free, centralized, and DEX crypto shops to choose from, where you can either buy or sell crypto tokens, quickly without storing funds.
Here are the 5 best swap platforms for US investors:
| Names | Launched in | Mobile Application | Security | Range of Cryptocurrencies |
|---|---|---|---|---|
| SimpleSwap | 2018 | Android and iOS | AML/KYC, AES Encryption | 300+ |
| Changelly | 2013 | Android and iOS | Non-Custodial exchange | 196 |
| StealthEx | 2018 | StealthEX Telegram Bot available, no mobile app | Private (non-custodial) exchange, performs wallet-to-wallet services | 350+ |
| SwapSpace | 2019 | No mobile application yet | Non-custodial website | 700+ |
| 1Inch | 2020 | 1Inch wallet available on iOS only | Secure Enclave Technology, Protocol audits, 100% non-custodial platform | 400+ (including all ERC-20 tokens) |
Table of Contents
SimpleSwap: 1st Crypto Swap Platforms in the USA
SimpleSwap is a well-known easy, fast & secure trading platform integrated in 2018 into the largest stock exchanges. The swap offers over 300+ crypto coins and supports multiple languages.
The exchange is convenient to use as there is no sign-up required and is reliable for dealing with on-the-spot cryptocurrency & fiat-to-crypto exchanges (except for FATF list countries). In addition, one can use Visa or MasterCard to buy crypto for fiat currencies.
Currencies available for the fiat-to-crypto exchange includes-
- Fiat: USD, EUR, GBP, RUB, TL, and UAH
- Crypto: BTC, ETH, ALGO, BAT, BCH, DAI, USDT, and TRX
The web service is available on the desktop website, and the SimpleSwap mobile app is available for iOS and Android. The customer support is proactive & available 24/7. The platform has also launched SimpleSwap Coin(SWAP), i.e. native token of the instant exchange, providing benefits to customers and partners like BTC cashback subscription, uniquely branded items, contest & promo activities.
Also read, Swapzone Review | Crypto Exchange Data Aggregator
Pros and Cons
| Pros | Cons |
|---|---|
| No upper limit – Swap as much crypto you want | Supports few currencies – Supports only limited fiat and cryptocurrencies at the moment |
| User-friendly Interface – Very simple and easy-to-use interface | WIRE & SEPA not accepted – Maestro cars, PayPal & Revolut cards are also not accepted |
| 24/7 Support – Quick & professional help from the support team | Time limit – On using a fixed exchange rate, there is a time limit of 20 minutes for sending the deposits. |
| Wide Range of Coins – More than 300 cryptos & fiat currencies to trade |
2nd Crypto Swap Platforms in the USA: Changelly
Founded in 2015, Changelly is a popular crypto shop for purchasing, selling, swapping & trading digital assets. It is a non-custodial exchange, mostly known for its simple, smooth, and fast services. There are more than 170 crypto assets listed on the platform.
The platform has adopted advanced data protection technologies, which provide zero risk. No registration is required. The minimum order amount may vary depending upon the chosen fiat gateway.
The service fee charged on Changelly is as low as 0.25%, and the exchange takes 5-30 minutes to complete the transaction. Moreover, to enjoy a speedy crypto exchange at the best rates, the customers can download the Changelly Mobile app available for iOS and Android devices.
Pros and Cons
| Pros | Cons |
|---|---|
| Low Trading Fees – Pay a transaction fee i.e., as low as 0.25% | Crypto-to-fiat – Crypto withdrawals are only available from BTC into EURO |
| More Payment Options – Use Credit Cards (VISA, Mastercard), Apple Pay, or SEPA to make payments | PayPal Not Accepted – The option to buy/sell using PayPal is currently unavailable. |
| Live Crypto Prices – Offers real-time data, refreshes price every 8 seconds | Advance KYC – Selling crypto above 10,000 EUR requires advance KYC |
| Mobile Application – Enjoy excellent service on an app that has received an average rating of 4.1 on Google Play | Upper Limit – Upper limit on the amount of crypto selling via Mercuryo. |
3rd Crypto Swap Platforms in the USA: StealthEx
StealthEX, launched in 2018, is one of the best instant crypto exchanges that provide unlimited, fast, and secure swaps at suitable rates. The StealthEX users can buy cryptos at either fixed or floating rates from almost all major crypto exchanges.
The trading platform is free from sign-ups, private and instant, with no extra or hidden fees. The users can avail wallet-to-wallet services without disclosing any personal information. The network service charges can vary depending upon the chosen currencies and the amount of exchange. The fiat money, including EUR, RUB, USD, and GBP, is acceptable.
This non-custodial trading platform has more than 400 coins and tokens listed for quick swaps. Moreover, all transactions on StealthEx are anonymous and safely done via credit cards; however, it accepts only VISA and MasterCard.
Also read, 5 Best Crypto Wallets in Canada
Pros and Cons
| Pros | Cons |
|---|---|
| Non-Custodial Exchange – Funds are not stored anywhere on the platform | Mobile Application – Currently only web service is available |
| Quick & Simple – Fast and easy exchange service | Live Chat – Live Chart Support is not available |
| Registration Free – No need to create an account | Only Buy-Exchange – No option to sell crypto, deals only in buying & swapping currencies |
| Wide Range of Coins – Supports more than 400 crypto assets |
4th Crypto Swap Platforms in the USA: SwapSpace
SwapSpace is another inevitable one-stop swift crypto swap platform with over 750 crypto exchange options. Moreover, they have a huge variety of instant exchange services and 200000+ exchange pairs, with no limits.
The users can transfer the funds on SwapSpace registration-free at the best rates in the market. The platforms’ interface is minimalistic, intuitive, and easy to use. The exchange accepts payment via VISA, MasterCard, GPay, and Apple Pay.
The minimal amount ranges from 2 to 20 dollars; however, there is no upper limit on the number of coins to be exchanged. The transaction may take 5-60 minutes to be processed depending on the volume of exchange. The highly volatile nature of the cryptocurrency market can often lead to fluctuations in exchange rates. Hence, you might be rewarded with more or fewer coins as expected.
Also read, Where and How to buy Audio Coin (Audius Token)?
Pros and Cons
| Pros | Cons |
|---|---|
| Intuitive Interface – Easy-to-use and interactive trading view | Mobile Application – Currently only web service is available |
| More Payment Options -Supports payment via GPay, Apple Pay, VISA, Mastercard | Only Buy-Exchange Crypto – No option to sell crypto, deals only in buying & swapping currencies |
| Swap Tracker – Track your swap using exchange ID | Long Processing Time – Bulky transactions can slow down the speed of completing orders |
| Crypto Convertor – The feature allows for cryptocurrency conversions |
5th Crypto Swap Platforms in the USA: 1Inch Network
1 Inch is a flexible, cost-efficient DeFi network system governed by DAO, i.e., Decentralized Automated Organization. It’s a decentralized aggregator tool for the fastest and most lucrative operations in the DeFi space. The platform has over 1.6M+ users with a total volume of more than $134 B.
The dapps provides liquidity and the best token swap rates on various DEXes, with unique features. In addition, the exchange provides limited order functions. Furthermore, the users can pool their assets on 1 inch with the Liquidity Protocol feature, allowing liquidity providers to earn passive income on their crypto assets & enjoy additional benefits like yield farming. The network also owns a multichain token – 1 Inch Token, a utility and governance token. It facilitates multiple tokenomics across various protocols launched by the 1Inch network and is the latest available on Binance Smart Chain and Ethereum. Hence, one can safely store, transfer or swap crypto assets easily.
Also read, Binance Chain vs Binance Smart Chain
Pros and Cons
| Pros | Cons |
|---|---|
| Wallet Connect Options – More than 10 wallet options are available for swapping tokens | High Fee – Overloaded network may result in large gas fee charges |
| Best Exchange rates – High liquidity & low slippage charges | Poor Choice for Beginners – New crypto investors may face difficulty in becoming familiar with the trading platform |
| Limited Order Protocol – Customize orders to maximize earnings with a flexible LOP feature | Not for Fiat Currency – Deals only in crypto swaps does not support fiat currencies |
| No Fees – No trading, deposit, or withdrawal fee is charged, pay only gas fee |
Crypto Swap Platforms in the USA: Conclusion
A swap is undoubtedly your best bet regarding ease of trade, time, and money. With swaps, one can quickly transfer or receive funds directly into their wallets at a minimal fee.
To make it easier for you while choose the best crypto swap, we’ve tried to include the best platforms in the article so that you entirely enjoy a safe, fast & hassle-free experience while swapping your assets.
Frequently Asked Questions
There is no deposit or withdrawal fee on SimpleSwap. However, to cover the costs, transaction fees are charged depending upon the currency & payment methods.
StealthEx exchange is a non-custodial swap platform that performs private, wallet-to-wallet services and hence does not store users’ funds or any personal details.
You can swap tokens on 1 inch by connecting to your own wallet. However, to buy any token using PayPal, you need to find an exchange that accepts both 1 inch and PayPal. eToro is one such seamless platform that allows you to buy bitcoin with PayPal.
How to buy XRP on Swap exchanges?
You can buy XRP and other cryptos from any swap platforms listed above. However, most of these swap platforms charge much more than a normal crypto exchange.
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