A lot of exchanges, and crypto on-ramp solutions exist these days, 15 years after Bitcoin’s launch. However, not many manage to offer their customers the payment methods they’re looking for, nor do they offer customers their local currencies and low fees.
After over 2 years of operations, Swapped.com has now gotten to a point where the site supports 30+ payment methods, 20+ currencies to pay with, and industry-low fees. The site started out as an option only available to Danish people in Denmark but decided to go international last year in August 2023. Since then, it has gained large popularity in jurisdictions where customers don’t just want to use bank transfers or credit cards. Among its available payment methods are Revolut Pay, Interac, Local Bank transfers in GBP, DKK, USD, EUR, AUD, and others, PIX, Google Pay, Apple Pay, PaySafeCard, Skrill, Neteller, and lots of other methods.
And the fees? They start as low as 0.50%, ensuring customers can get their hands on their desired crypto without breaking the bank on currency conversion, deposit, and withdrawal fees. With Swapped.com you can pay in your local currency avoiding any currency conversions you might be used to when using large exchanges or crypto onramps. Also, the conversion rates are mid-market rates which means you aren’t subject to any gaps in the foreign exchange rates (no hidden fees).
Non-custodial platform
Swapped.com was launched and has been designed to ensure customer funds are kept safe and not connected to Swapped.com and its potential successes or failures. As such, you can not hold funds on the Swapped platform but instead, Swapped provides instruction on how to easily and for free, set up your own cryptocurrency wallet in no time. This means that you get familiar with setting up your own cryptocurrency wallet which you can keep and use as you please, without any exchange or platform telling you what you can and cannot do and who you can and cannot transact with. This also means that in the case of bankruptcy or something like FTX or Mt. Gox, your funds will be safe. If Swapped.com goes bottoms up, your funds will be with you and they won’t be pulling any of your funds into the depths of their bankruptcy—instead, your keys, your coins.
Why would someone invest in cryptocurrency?
Cryptocurrency has been “the next big thing” in recent years and has also come with a lot of speculation, poor investments, and other stories of rags to riches. People often choose to invest in cryptocurrency to get exposure to a different asset class than traditional ones, such as stocks, bonds, rare metals, and real estate. Contrary to traditional assets, cryptocurrency is known not to correlate with the general market. As such, if everything else is plummeting, cryptocurrency might be a bet in the other way, acting as an investment hedge.
It is very important to figure out your risk profile, however, and make sure that cryptocurrency is the right investment for you. Cryptocurrencies come with significant risks and are very volatile assets. Make sure to do your research before investing. To ensure that you don’t end up with random coins or pump-and-dump coins, Swapped has strict criteria for the cryptocurrencies that they make available to you. As such, only cryptocurrencies that are within the top 25 of most valuable cryptocurrencies are available on the website.
A regulated way to buy crypto
A lot of exchanges and sites are registered and operate out of unfamiliar jurisdictions with questionable regulators and laws that might not be in your interest. Swapped.com on the other hand is a Danish company, registered and incorporated in Denmark and is regulated by the Financial Supervisory Authority of Denmark, FINTRAC Canada, and ASIC Australia. This means that should you encounter any issues with Swapped.com paying out your crypto or FIAT currencies, you can reach out to the relevant regulator and have them look into the case for you.
A provider ready to help out when things aren’t working
Who doesn’t hate going through 10 steps, 2 help centers, and 3 different AI Agents/Live chatbots? We don’t know. Swapped hates that process as well. As a result, Swapped has live agents available 24/7 for your convenience. Also, no need to go through lots of submenus, help centers, etc. The agents are there to help and you can get in touch with them within a minute should you experience any issues while trying to transact on Swapped, setting up your first-ever cryptocurrency wallet, and whatever else you might have on your mind.
How to get started
If it’s your first time considering buying crypto, we would advise that you first discuss the matter with an investment advisor to figure out if the asset class fits within your investment needs. If it is, consider heading to Swapped, and have a chat with one of the live chat agents who sit ready to help with any questions, concerns, etc. you might have with cryptocurrencies. They will also be able to provide instructions and guidance on how you can securely set up your first cryptocurrency wallet so that you can get started on your cryptocurrency adventure. If you decide that you want to buy crypto, the agents will once again be ready to help you through the process, explaining the risks of cryptocurrency and how to store them.
Make sure that you do your own research before making any investments. Cryptocurrencies are volatile assets.
Source: https://www.cryptopolitan.com/purchasing-crypto-has-just-been-made-a-little-easier-introducing-swapped-com/