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SwapSpace: Simplifying Crypto Swaps

November 29, 2023
in Crypto News
Reading Time: 3 mins read
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Choosing the right crypto exchange can be a real challenge due to the long list of trading platforms available on the market. You have to consider several factors, including exchange rates, the onboarding process, and transaction speed, and this takes time.

However, SwapSpace has stepped in to tackle this problem by offering traders an all-in-one solution, enabling them to quickly jump into action with no hassle. But how does SwapSpace achieve this? Let’s explore and find out.

What is SwapSpace?

SwapSpace is a crypto exchange aggregator that facilitates digital asset swaps. Featuring more than 1,850 cryptocurrencies and 600,000 trading pairs from over 19 crypto exchanges, SwapSpace saves users’ time by bringing in the best exchange offers in terms of rates and speed at no extra cost.

Some of SwapSpace’s partners include Binance, KuCoin, Gate.io, ChangeNOW, Alfacash, 1inch, SWFT, and FixedFloat. The cryptocurrencies supported by the aggregator platform include BTC, ETH, TRX, XMR, USDT, SHIB, DOGE, and USDC.

With SwapSpace, users no longer need to scout for the best rates and lowest fees. The only fees traders will pay are the same amount that would normally be paid to the integrated exchange. Blockchain fee may be included whenever applicable.

Unlike most crypto platforms, SwapSpace does not require users to register or sign up before accessing the exchange services. This way, users can maintain anonymity while swapping their cryptocurrencies.

Investors can purchase their desired crypto on SwapSpace using credit cards like Mastercard and Visa. It also supports Google Pay and Apple Pay. SwapSpace’s global payment partner, Mercuryo, facilitates this.

SwapSpace allows users to toggle between floating exchange rates and fixed exchange rates. Floating rates can increase or decrease depending on price volatility, causing users to receive higher or lower than expected. Under fixed rates, exchanges momentarily freeze rates, allowing users to receive the exact amount they wish.

Key Features

  • 19 Partners.
  • 24/7 customer support.
  • Over 1,850 cryptocurrencies.
  • Supports fiat for transactions.
  • Supports 600,000 trading pairs.
  • Supports fixed and floating exchange rates.

How Does It Work?

To use SwapSpace, users need to provide an existing wallet address and a recipient wallet address. Here, we will explain how to use the swap service, where ETH will be swapped for BTC, as an example.

  • Input the amount of ETH you want to send and the BTC to receive.
  • Select View Offers.
  • Choose from the available offers based on the crypto exchange, rate type (fixed or floating), and rating star.
  • Click Exchange on your preferred offer.
  • Provide the recipient wallet address, that it is the receiving BTC address. You can also choose to enter a refund address.
  • A deposit address is displayed. You will have to send the ETH from your existing wallet to the provided address.
  • Monitor the transaction via Swap Tracker until it enters the provided BTC address. Depending on the blockchain’s speed, it takes some minutes for a trade to be completed.

Conclusion

SwapSpace saves traders’ time by instantly aggregating the best rate offers from over 19 crypto exchanges. The platform also fosters anonymity, allowing users to conduct trades without registering or submitting personal information. In SwapSpace’s words, “Data collecting takes time — and time is money.”

Make the most of your time as you leverage SwapSpace to get the best swap services.

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