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Tuesday

22 October 2019

5 of the Best Crypto Swapping Services - Bitcoin News

5 of the Best Crypto Swapping Services - Bitcoin News


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It’s an incredibly inefficient way to jump between cryptos, and given that no exchange has all the coins, it necessitates creating multiple accounts, with the added verification and security risks this entails.

Crypto-swapping platforms promise to do the hard work for you, plugging into exchange APIs and exchanging coins on your behalf.

Swapy claims to offer the best exchange rate possible without the need to manually place buy/sell orders.

Changelly claims the stability is assured by integrating a small reserve inside the exchange rate when the final quote is given to the user.

Shapeshift offers a unique exchange rate for each coin that changes every 30 seconds according to market conditions, but its typical ‘miner’ fee is in the ballpark of 0.5%.

With flyp.me, you can exchange over 30 cryptocurrencies instantly including BTC, DASH, LTC, and a bunch of other altcoins while retaining full privacy.

You also retain at least a measure of control over the exchange rate: when you hit the ‘Flyp now’ button, the rate is locked in for the next few minutes.

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