Exchanges between crypto-assets could be easier than we are used to. According to the crypto tracker, Coingecko, we have over 480 different exchanges around the world, meaning a multitude of options to choose from. And with that we have different interfaces, different cryptocurrencies available, in short, it’s a tremendous bureaucracy and something complicated for those who are just starting or would like to save time.
There are also insta swap exchanges such as ChangeNow, SimpleSwap, StealthEX, among others that facilitate the process of quick exchanges between crypto or even, using FIAT, depending on which you choose, saving you the time to exchange on the exchange, make records, KYC and this whole bureaucratic scheme. But even so, there are a variety of brokers calling for different swaps. What would be the best choice? Which of these services has the best rate?
Fortunately, we have insta swap exchanges aggregators, which aim to find the best rate and make your exchange even easier. In this specific article, we’ll explore a little of SwapSpace and find out what this project has to offer.
What is SwapSpace?
SwapSpace is an insta swap exchanges aggregator of cryptocurrencies, that is, it searches, through the best-known insta swap services, which has the best rate of the exchange you want to carry out. The exchange is carried out on the SwapSpace platform, using an exchange partner. The process is carried out without limits, registrations, or additional fees.
SwapSpace’s interface is very nice, clean, intuitive, and objective, essentially featuring dark colors as a highlight.
SwapSpace Ltd is a company that is located in the Marshall Islands, located in Oceania. Its main team has 3 people, mainly Anna Novak as CPO, Yitzhak Ioffe as CTO, and Alice Irving as CMO.
The SwapSpace project started in 2019 and since then it has continued to progress, adding more features and new features to the platform.
The procedure for using SwapSpace is very simple and very similar to using an insta swap.
1 — Select the trading pair, ie the currencies you want to trade. In this case, I’ll be swapping BNB for WAX for testing.
Select the best rate of the partner you want, if available. This presents the trust score, based on TrustPilot.
You can also select whether you want a floating rate or a fixed rate. Floating Rate, as its name suggests, indicates that the rate will fluctuate and you can receive more or less than what is being presented. Fixed-Rate, you get the fixed amount shown.
2 — Enter the receiving address
Here you enter the receiving address and memo, if necessary. In addition to providing a refund address, if there is any error in the process, they will automatically refund the amount you sent.
3 — Sending the Coins for Exchange
Send the exact amount to the address the service presented to you. As the rate type is floating, I can receive more or less than what is being shown to me.
4 —After submitting, just wait a while and it will automatically update the status of the process.
5 — And finally, you will see the procedure confirmation screen.
- The service is very simple and easy to use, being very intuitive.
- No registration or KYC requirement
- Relatively fast transactions
- Organized affiliate system
- Buy with FIAT not yet available. Even though it’s on the roadmap, I highlight this as a con, as many people buy cryptocurrencies with FIAT. And doing this with simple procedures whether with a credit card or bank transfer would be really cool.
Swapzone — Swapzone is also an instaswap aggregator. One of the only ones I know besides Swapzone. Both are very similar, but I enjoyed SwapSpace’s intuitiveness and interface and the diversity of options for making the exchanges. Swapzone’s affiliate system is still relatively in the beginning, being necessary to contact by email to get affiliation. Unlike SwapSpace, which already features a more organized control panel and information for affiliates.
Well, that’s it. I hope you enjoyed the short article, giving an overview of the platform.