Instant crypto exchanges help you swap an unlimited amount of any crypto to another without registration or KYC requirements.
In this post, I would be sharing with you the top 6 instant crypto exchanges and swap service platforms out there that offer the best rates and user experience.
But first, let’s take a look at how instant crypto exchanges work.
How does instant crypto exchanges work?
There’re thousands of different cryptocurrencies which are all listed on hundreds of different centralized and decentralized exchanges.
There’s a near-zero chance that every crypto you need to swap is available on a single exchange.
This means that you will need several exchange accounts and pass KYC accordingly to trade the various cryptocurrencies that you have.
And that’s where instant crypto exchanges come in.
They partner with dozens of top centralized and decentralized crypto exchanges which gives them the ability to offer a lot more coins and trading pairs than any single exchange could offer.
Here’s how instant crypto exchanges work in practice:
- You select your trading pairs and input the amount of the coin you wish to convert.
- Review the exchange rate(s) and provide your receiving wallet address.
- Send the coin you want to convert to the designated wallet address.
- Let the exchange do its magic and help you swap the best rates and send the coin to your wallet in under 10 minutes.
- Receive your coin anonymously.
They help you scan and compare exchange rates from multiple supported exchanges.
Some give you the option to choose the exchange to execute your trade on, while others simply execute the trade for you on the exchange with the lowest rate.
Below are the top 6 instant crypto exchanges and their unique features for you to consider which one best suits your personal preferences.
Top 6 instant crypto exchanges
This list is in no particular order.
The first exchange on the list may not necessarily be the best and the last is not necessarily the worst of them.
- ChangeNOW
- SwapSpace
- SwapZone
- SimpleSwap
- LetsExchange
- Changelly
Let’s take a closer look at each of these instant crypto exchanges below.
1. ChangeNOW
ChangeNOW is a limitless, non-custodial instant cryptocurrency exchange launched in September 2017 to facilitate seamless and fast crypto swaps.
The exchange lists over 260 different cryptocurrencies, including some national fiat currencies and 10,000+ trading pairs
ChangeNOW is the first and only instant cryptocurrency exchange that I have personally used so far.
Click here to read my ChangeNOW review of the exchange.
Features of ChangeNOW
- Zero limits. You can swap any amount of crypto for another in one go.
- No registration, limited KYC (for fiat trades only), non-custodial, and trades are executed in under 2 minutes on average.
- ChangeNOW is integrated into multiple cryptocurrency trading platforms, including Binance, Bitfinex, Huobi, OKEx, Kucoin, and UniSwap.
- You can set a refund wallet where your original coin would be sent if the transaction fails.
- ChangeNOW supports fiat to crypto purchases but requires KYC.
- Premium membership package for a more personalised and smooth trading experience.
- ChangeNOW offers a host of other related products and services.
- Beginner-friendly user interface and competitive trading fees, and great customer support system.
- Offers both fixed and flexible rates.
- Available on both web and mobile apps.
- ChangeNOW has its own native token called NOW.
- Charges a variable exchange or service fee based on the trading pair. Their fee structure is somewhat not transparent, so you may want to look closely before making your exchange.
Instantly swap any crypto for another without leaving this page using the ChangeNOW widget below.
2. SwapSpace
SwapSpace is one of the fastest-growing instant crypto exchanges that enables you to easily swap over 450 cryptocurrencies for another with no limits or registration required.
The exchange works by collecting your order and scanning its extensive centralized and decentralized cryptocurrency exchanges for the best rates.
It then lists the available rates from the highest to the lowest, including the name of the exchanges where the rates come from.
You can then choose the rate and exchange that you want to deal with, taking note that your trade is subject to the rules of the exchange you choose to use. And some of them may require KYC for ‘over the limit’ transactions.
Launched in 2019, SpwapSpace is relatively new and brings some innovative features to the market.
Features of SwapSpace
- Gives you the option to choose the exchange and rate you want your order processed.
- Supports both fixed and floating exchange rates.
- Requests refund address (optional) should there be a need to send your original coin back to you if the exchange fails.
- Depending on the exchange you choose and their applicable maximum transaction limits for anonymous users, KYC might be required.
- Simple and straightforward user interface.
- Currently doesn’t have a mobile app.
- Does not charge any extra fee over the rate provided by their partner exchanges.
- With over 500 cryptocurrencies listed, SwapSpace has one of the largest collections of coins among existing crypto exchange aggregators.
- Excellent, 24/7 support service.
3. SwapZone
SwapZone is an instant crypto exchange that aggregates exchange rates, transaction processing speed, and user reviews on different cryptocurrency exchanges to enable you to make the best trading decision.
Once you enter your trading pair on SwapZone, it neatly displays the prevailing rates from all the supported centralized, decentralized, and even other instant crypto exchanges.
And rank them from highest to lowest based on the exchange rate, the speed at which they process your transactions, and other users ratings.
From this list, you can select the exchange you wish to process your transaction and proceed with the swap.
Features of SwapZone
- SwapZone offers a wide range of cryptocurrencies from dozens of blockchains for swapping.
- It supports over 10 different cryptocurrency exchanges, including Uniswap, and even all the other instant crypto exchange aggregators mentioned above.
- Excellent, friendly, and 24/7 customer support service via email and live chat.
- The exchange has an extremely simple, and beginner-friendly user interface.
- SwapZone does not charge additional fees. You pay only the fees charged by the exchange you choose to process your order.
4. SimpleSwap
SimpleSwap is a highly secure and simple to use, instant crypto exchange that supports over 300 different cryptocurrencies and fiat currencies.
The exchange is integrated with Binance, Huobi, KuCoin, and a host of other major exchanges to bring you the best rates for all crypto swaps.
SimpleSwap was launched in April 2018 and come packed with the following features:
- Simple, clean, and beginner-friendly user interface.
- Offers both floating and fixed exchange rates.
- Available on both web and mobile apps.
- Supports fiat to create purchases (KYC required).
- It has its own native cryptocurrency called, SimpleSwap Coin (SWAP).
- SimpleSwap runs a loyalty program for registered members that rewards users with SWAP tokens in form of cashback for every transaction on the platform.
- The exchange maintains several tiers of cashback subscription models using SWAP.
- SimpleSwap offers its affiliate partners simple buttons and widget codes they can use on their website to offer exchange services to their users (just as below).
- Affiliates can get up to 90% revenue share.
- SimpleSwap operates a Giftshop where you can exchange your SWAP tokens for stylish t-shirts, sweatshirts, and useful accessories.
- Excellent, 24/7 support system via email and live chat.
Instantly swap any crypto for another without leaving this page using the SimpleSwap widget below.
5. LetsExchange
LetsExchange is a fast, non-custodial, and instant crypto exchange supporting over 200 different cryptocurrencies.
The exchange requires no registration whatsoever.
Just select your trading pair, supply your receiving wallet and proceed with your swap.
Features of LetsExchange
- Supports over 200 different cryptocurrencies and 40,000+ trading pairs on LetsExchange.
- No registration required, non-custodial.
- Simple, and beginner-friendly user interface.
- LetsExchange uses its SmartRate technology to cherry-pick the most profitable rate across multiple major exchange platforms for every swap.
- Supports both fixed and floating exchange rates.
- Transparent exchange process with the option to request a receipt with full transaction details.
- 24/7 support via email and livechat.
6. Changelly
Changelly is the oldest and most advanced instant crypto exchange that offers customers a one-stop-shop experience for purchasing, selling, swapping, and trading over 170 different cryptocurrencies.
The exchange started operation in 2015, and since then, has grown to become one of the leading, most intuitive cryptocurrency exchanges in the market.
Changelly features
- Supports buying crypto with fiat using a bank card.
- Charges a 0.25% service or exchange fee.
- You’re required to create an account using only your email address.
- Changelly shares 50% of its revenue from service fees with affiliate partners.
- Excellent, 24/7 customer support via email and live chat.
- Changelly also offers Changelly PRO which provides users with advanced spot, margin and futures cryptocurrency trading.
- Multiple earning programs such as the personalised fiat to crypto purchase revenue share, and token swap revenue share for affiliates.
- Super simple, clean. and beginner-friendly user interface.
Instantly swap any crypto for another without leaving this page using the Changelly widget below.
Conclusion
If you want to avoid both KYC and having to create multiple exchange accounts to trade all your shitcoins, then instant cryptocurrency exchange aggregators are what you need.
They help you exchange an unlimited amount of one crypto for another instantly and at the best rates sourced from multiple supported exchanges.
Thus saving you time, money, and protecting your anonymity and privacy.
What is your favourite instant cryptocurrency aggregator and why? Share with us in the comments section below.