Benefits of Decentralized Exchange Aggregators. Which Ones Are the Best?

Modern cryptocurrency exchange aggregators have emerged due to the growing popularity and increasing use cases of digital currencies. These platforms provide specialized services that enable the exchange of cryptocurrencies for other coins or fiat money, similar to traditional online currency conversion points. The convenience and speed of cryptocurrency exchanges have greatly simplified complex coin transactions.

Until 2018, exchangers had high rates, which made it unprofitable to convert cryptocurrencies. As a result, most people prefer to conduct their exchange transactions on cryptocurrency exchanges. Conversion services for popular cryptocurrency exchanges offer rates that differ by 1.2-3% from the exchange rates.

Users can now save time and minimize losses by using crypto exchange aggregators instead of registering an account on cryptocurrency exchanges. These resources analyze and gather pertinent information regarding offers from different online exchange services.

Cryptocurrency exchange aggregators offer a fast and convenient way to identify the best operating conditions and favorable rates for digital coins. They operate through algorithms that gather vital information about a website’s specific orientation and present it in a convenient table format.

Users of an online cryptocurrency exchange aggregator can quickly and easily find up-to-date information, enabling them to make informed decisions without wasting time. Aggregators offer various categorization options, such as:

• Cryptocurrency exchange rates;
• Reserves of decentralized coins or fiat funds;
• Accepted Electronic Payment Systems;
• The availability of online banking;
• Payment systems and electronic wallets;
• Exchange directions.

How to Choose Cryptocurrency Exchange Aggregators

The cryptocurrency market is still in its early stages and is highly volatile. Exchange rates fluctuate frequently and can sometimes undergo significant changes. Moreover, the cryptocurrency market is decentralized and anonymous, and its legal regulation in most countries, especially in former socialist countries, is still in its infancy.

All of this increases the risks associated with working with cryptocurrency. You may encounter unscrupulous anonymous counterparties or unexpectedly high fees. To avoid these situations, we recommend to consider the next criteria when choosing a cryptocurrency exchange aggregator.

• Exchange rate. This indicator changes continuously depending on the currency, exchange rates, and time of day. The closer the exchange rate is to the current market rate, the more favorable it is. This ratio can be verified on cryptocurrency exchanges. To do this, visit the website of the exchange (such as Binance) and find the desired exchange direction.
• Cryptocurrency reserves. The amount of money an exchange can work with depends on its reserves. Therefore, if the reserve of the exchanger is fairly small, then some larger operations may be impossible. A reputable exchange platform with a high trading volume maintains ample reserves in all areas.
• Minimum amount of exchange. Having chosen the desired direction of exchange, we focus on the limits, which include the minimum and maximum amounts of exchange. There may be a situation in which the exchange service offering the most favorable exchange rate in our direction may not be able to process the exchange due to its limits.
• Reputation and reliability. You should study the reviews and ratings to assess the level of trust in the services. It is desirable to obtain this information not only from the websites of the exchanges themselves but also from other sources.
• The necessity of registration. Not all services require mandatory user registration. If you want to stay anonymous, choose the one that operates without sign-up.

Top-3 Crypto Exchange Aggregators Popular in 2023

There are multiple online cryptocurrency exchange aggregators, but we will focus on the three leading aggregators in this sector that offer reliable, convenient, and up-to-date information without any technical issues.

BestChange Aggregator

Official site: bestchange.com

The aggregator offers almost the largest selection of exchangers, however, the user interface is poor and the navigation is quite unclear. Moreover, you’ll be redirected to the exchange platform to perform a swap, which is a little bit inconvenient. 

Several selection modes can be switched in a block of selection parameters.

• “Table” – all search criteria are displayed in a single list. To access the desired options for crypto exchangers, you need to scroll down and click on the required parameters.
• “List” is a convenient tool for searching online conversion services based on exchange direction and preferred methods. For example, when activating the search for the direction from Ethereum (ETH) to Bitcoin (BTC), a list of resources where this operation is possible is provided.
• “Popular” – a filter that displays the most popular schemes and exchange directions. The central area of the page was reserved for displaying the search results. There, you can directly provide the information and quickly navigate to the selected site.

The advantages of BestChange.net include the following:

• An integrated calculator is provided, which allows users to evaluate the results of the exchange method being considered.
• The notification option can be enabled by the user if they need to wait for a quote at a specific rate. A notification will be sent to your email when a section with a specified rate becomes available.
• Double exchange of cryptocurrencies, which is a useful feature for less popular conversion directions. The system forms a chain of multipass operations, providing multiple connections between conversion sites.

OkChanger Aggregator

Official site: okchanger.com

The project is characterized by a wide range of additional information that is useful for anyone interested in cryptocurrency conversions. The first acquaintance with the online exchange OkChanger lets you immediately see the conveniently designed interface and evaluate the extensive functionality.

The site resembles Bestchange with favorable differences. The main menu features buttons that lead to key sections of the service, including cryptocurrency exchanges, exchangers, payment systems, internet banking, cryptocurrencies, and news. The typical scheme of using the OkChanger aggregator is as follows:

• Parameters for searching cryptocurrency conversion services are set on the left.
• Analyzing the information displayed in the center – exchangers (in descending order of favorable quotes), their capabilities, and characteristics.
• Redirect to the desired resource, where the desired operation is performed.

Interesting and useful features of OkChanger.ru:

• A lot of related information that’s important to every user interested in cryptocurrencies and wishing to profitably change their coins.
• Statistics on services related to cryptocurrency transactions.
• Significant data on major banking organizations and popular electronic payment systems.
• Constantly updated reports on the latest news in the cryptocurrency world.

SwapSpace Aggregator

Official site: https://swapspace.co

SwapSpace is a cryptocurrency exchange aggregator that facilitates cross-chain swaps of Bitcoin, Ethereum, Metaverse coins, and over 1850 other cryptocurrencies from more than 17 services. It provides a simple and easy-to-use interface with a Swap Tracker feature that allows users to track their swaps. The project is constantly evolving and offers users not only a favorable rate and a large selection of exchange pairs but also a loyalty program, API integration, blog, educational platform, and community.

Key features of SwapSpace include:

• Wide variety of cryptocurrencies: SwapSpace supports over 1850 cryptocurrencies, including well-known Bitcoin, Ethereum, and Litecoin, and exclusive crypto, such as Neutron or PAAL.
• No registration is required. Users can exchange cryptocurrencies without the need to create an account or provide personal information.
• Both fixed and floating exchange rates provide users with the flexibility to choose the option that best suits their needs.
• Estimated time shown on the exchange page, KYC level, partners rate, and the ability to track the exchange.
• 24/7 support to assist users with any issues or questions they may have.
• User-friendly interface. The site is easy to use and intuitive even for a new user.
• Price predictions. The team writes fundamental and technical analyses of coins and updates price forecasts on a regular basis.

Conclusion

BestChange, Swapspace, and OkChanger are all cryptocurrency exchange aggregators that enable users to exchange cryptocurrencies from multiple exchanges in a single platform. Each one has its own unique features for different purposes.

Aggregators of online cryptocurrency exchanges are convenient tools that significantly minimize the time and effort required by users. They collect up-to-date data from operational cryptocurrency conversion services and provide this crucial, well-organized information to visitors.

People quickly use filters to find suitable cryptocurrency exchange options. The platforms are also useful for traders of digital coins, as well as users who earn money through cryptocurrency arbitrage.