The field of crypto is one of the most innovative industries: despite the current market trend, it remains exceptionally popular. As cryptocurrencies are still viewed as an attractive investment and trading option, the industry is rich with all types of instant crypto swap services. However, holders don’t need much – all they want is a quick and easy way to exchange cryptocurrencies. StealthEX offers just that. It is a user-friendly non-custodial cryptocurrency exchange platform that was founded in 2018 and lets you swap between 700+ cryptocurrencies anonymously, as well as buy crypto using fiat currency. This crypto swapper partnered with world-famous trading platforms, such as Binance, Huobi, KuCoin, HitBTC along with a number of famous exchange aggregators, such as SwapSpace, CryptoGeek, CoinPedia, Istari Vision, and Swapzone.
StealthEX is a platform of the new generation, offering its users three main features:
- Privacy.
- Limitless swaps.
- A user-friendly interface.
Let’s take a closer look at some of the benefits within these three areas that the instant crypto exchange features.
Custodial vs. Instant Crypto Exchanges
The crypto industry offers a number of major centralized exchanges. They are huge companies like GDAX, Coinbase, Binance, Kraken, Bitfinex, Poloniex, etc. These are all examples of custodial exchanges. They are well known and have massive amounts of crypto moving through their platforms.
They are called custodial because they are the ones in possession of your crypto; they are the custodians of your private keys. Trading is done off-chain, meaning that trading is tracked on their balance sheet instead of being verified by the blockchain. This allows transactions to be done quickly and cheaply but leads to a lack of transparency. Account registration and identity verification or KYC/AML procedures are also trademarks for these kinds of exchanges. This not only slows the trading process but also forces you to trust the exchange with sensitive information, which is highly inconvenient for some users. In addition, it takes time and is simply inconvenient in our fast modern world.
An instant non-custodial exchange, however, represents an attractive alternative to the major exchange platforms. Instant exchanges do not require storing funds on the platform – they do swaps between crypto wallets. The fact that no account is needed for trading makes this model perfect for people who just want to complete a quick trade. It’s also good for individuals who don’t want to commit to an exchange or who are hesitant to entrust an exchange with personal information. The environment allows for a higher degree of anonymity and security. A trade is made instantly on your behalf, a non-custodial exchange does not hold your money as a custodial one does. One of such crypto exchanges is StealthEX, an instant crypto swapper.
StealthEX Features: Instant Crypto Swaps
Just by looking at the platform’s interface, you can say that StealthEX is simple and looks inviting. Crypto enthusiasts can exchange digital assets without the need to sign up for the service as the platform offers instant crypto swapping. In total, StealthEX offers two services, both of which can be accessed from the home page. You can either exchange cryptocurrencies, or purchase them with your credit/debit card.
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The StealthEX platform offers an astounding number of digital assets: it supports a large collection of coins and tokens, including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Monero (XMR), ZCash (ZEC), Solana (SOL), Litecoin (LTC), and many more cryptocurrencies that are rarely found in external wallets.
The platform calculates a fixed fee for each transaction and does not use a spread. The final fee is determined by various factors, including the cryptocurrency being exchanged, network fees, and others. At the moment, the service also offers its users an opportunity to buy crypto with fiat money. In order to buy crypto, you can use the following currencies: USD, EUR, GBP, TL, KES, ZAR, GHS, TZS, MXN, VND, and BRL. StealthEX also does not have any limits on how much you can transact. You are free to make as many transactions as you want, with as much of the currency as you want.
The platform allows for bridgeless cross-chain instant swaps. As the exchange of two different cryptocurrencies, on two different blockchains is processed in a peer-to-peer fashion, i.e., without using a third party, StealthEX users won’t need to leave any excessive financial information about themselves. StealthEX allows you to swap different crypto between two chains directly and without intermediaries.
All of the above mentioned benefits relate to the platform being user-friendly and limitless. Now, what about privacy?
No KYC Required at StealthEX
When exchanging crypto, all you need to do is to enter the address where you will receive the funds, and then transfer the funds to StealthEX. Since no registration or any other information is required, it is impossible for your personal data to be at risk.
However, to make the user experience as smooth as possible and to make sure its users retain a maximum level of privacy and anonymity, StealthEX started offering its customers no KYC swaps. Know Your Customer procedure or KYC was introduced to protect both customers and trading platforms. Most crypto exchanges require you to sign up with them, take your selfie, send in your ID, and provide your credit/debit card details to buy or sell crypto coins. As the market is becoming more regulated, it gets more difficult to find an exchange with no KYC for buying crypto.
With its instant crypto swaps, StealthEX has made buying crypto much easier. Thanks to their trusted partner Mercuryo, a London-based cryptocurrency payments company that facilitates their fiat swaps, crypto enthusiasts can now purchase an amount of crypto without KYC if it’s less than €900 or the equivalent of this amount in other currencies. This is what makes StealthEX stand out among its competitors.
StealthEX Security
When you initiate a transaction on StealthEX, it searches for your particular pair on four different exchanges. These exchanges are Binance, Huobi, KuCoin, and HitBTC. All four of them are known for having airtight security protocols.
In addition to that, there’s an extra layer of protection between you and the exchange: you do not disclose your identity, so no services know who you are. StealthEX automatically finds the cheapest price for your exchange and begins the transaction. Once a user has deposited the funds, they receive their crypto directly to a wallet of their choice due to the non-custodial nature of the exchange. StealthEX does not provide or recommend any wallets of their own and has not had any major security breaches and values its reputation, so there shouldn’t be any concerns relating to its security.
Additional StealthEX Features
The instant crypto platform has accumulated a number of advantages both for experienced traders and crypto beginners that makes it one of the most efficient players on the market. This includes:
- The platform is non-custodial. Everyone has their private key, and only this user owns his digital assets. With StealthEX, users don’t run a risk of being hacked or their funds stolen.
- Instant crypto exchange. This platform tries to make all cryptocurrency transactions as fast as possible depending on the blockchain and the time that’s needed for the exchange to go through.
- 24/7 customer support. StealthEX customer support is one of the areas that is constantly lauded with praise by the users. If you run into any kind of problems while using the service, all you need to do is to contact the support team. Most users have reported their problems being solved within a few hours of the initial contact.
- Floating and fixed exchange rates. With StealthEX, crypto enthusiasts can choose between fixed or floating rates. This will help users decrease risks and make more precise crypto-to-crypto swaps.
- Transparency. StealthEX makes sure to calculate and include all the possible fees into the transaction estimate and present it to the customer before they make an informed decision to exchange their crypto assets.
StealthEX Mobile App
In addition to the web version of the service, StealthEX released a new user-friendly mobile app that lets its users initiate crypto exchanges while on the go from any part of the world. The app is available in Google Play Store along with other apps for Android, it can be downloaded as an APK file, and will soon be available in App Store. The app contains a set of useful features, including exchange history, a crypto watchlist, crypto rates, competitive rates, floating or fixed rate swaps for more flexibility, and provides its users with full transparency. The all-encompassing StealthEX service lies at the core of the app, making swapping crypto fast and simple.
Conclusion
StealthEX is a fast and reliable instant crypto swapping service. It offers privacy, security, and an amazing customer support team. It’s difficult for you to go wrong using StealthEX to exchange your crypto coins. The platform will integrate seamlessly with your wallet, making it one of the most efficient solutions for exchanging digital assets.
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Source: https://thecryptobasic.com/2023/04/11/what-is-an-instant-crypto-exchange-stealthex-is-the-answer/?utm_source=rss&utm_medium=rss&utm_campaign=what-is-an-instant-crypto-exchange-stealthex-is-the-answer