Introduction

Sometimes you want to buy another asset without the hurdle to create an account on a trading exchange. Also, you want the operation to be made at the speed of light and without any delay or waiting forever to receive your tokens.

We have this service in the crypto space, and we call them swap exchanges. The business model is easy to understand, you swap the coin to another coin without prior registration on the exchange. Furthermore, the exchange will charge a small fee for each operation.

Advantages of swap exchanges

The advantages of swap exchanges are:

Easy to get the coin you want without the need to create an account in most cases.

Make quick transactions rapidly.

Convenient to swap the tokens of your choice.

Disadvantages of swap exchanges

The disadvantages of swap exchanges are:

Sometimes you can wait for a transaction validation and you need to open a ticket support.

You are limited by the choices of coins available.

Sometimes, the exchange does not have the supply of the coin you need.

The exchanges that offer this services on the market

1- ShapeShift

On this exchange, you can swap a variety of coins without the need to create an account. It is one of the first who has started a service of this kind.

Unfortunately, I read a lot of bad comments lately about this service. People have not received their coins or waited forever for the support to answer their open tickets.

Website: https://shapeshift.io/

Trustpilot: https://www.trustpilot.com/review/shapeshift.io

2- Changelly

Sadly, you need to create an account to start using the service. Also, they seem to have many problems enumerated on Trustpilot, but the support gives a good following, at least.

This company has a better rating than Shapeshift, so you can be more confident to use it right off the bat. Furthermore, they handle a good variety of coins on their exchange.

Website: https://changelly.com/

Trustpilot: https://www.trustpilot.com/review/changelly.com

3- Godex

This service mention that you pay only 0.5% in fees for every swap transactions you made. Also, it supports a really good choice of coins and you do need to create an account on the exchange.

There are fewer reviews than Changelly and Shapeshift, but we can clearly see that people seem to appreciate more the service.

Website: https://godex.io/

Turstpilot: https://www.trustpilot.com/review/godex.io

4- Blocktrades

This is the one I use myself because they are bound with the Steemit platform. I use it primarily to convert my SBD to Steem Power in less than 5 to 10 seconds on every transaction. I love the service and I had never experienced any trouble with it.

The exchange handles the most popular cryptocurrencies on the market like Litecoin, Ethereum, Dash, and Bitcoin.

Websites: https://blocktrades.us/

This company does not have a profile on Trustpilot website.

Last word

Those services are essential in the cryptosphere, people need to swap coins rapidly without any trouble. It is like going on vacation in another country and you need the local currency.

You now have 4 choices on your plate, but I will always use the one with the most trust from the website Trustpilot. It sucks to open a support ticket and wait forever to get your refund back or wait for your money.

Do you have other swap exchanges that you use that are not on my list?

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