The web’s most detailed Swapzone review: This new cryptocurrency exchange aggregator and instant exchange offer coin swaps with over 700 altcoins. The rumor says it’s a great place to find new hidden crypto gems that are still cheap thanks to the access to order books from other major exchanges. We decided to dig under the surface to see what makes this simple platform so attractive. Read the whole story in this Swapzone review.
• Swap cryptocurrencies without registration or account
• Professional customer support through live chat
• 700+ listed cryptocurrencies
• Non-regulated exchange
• No app is available
• Swapzone does not offer a mobile app
In this section of our Swapzone review we highlight 6 special features that deserves extra attention.
Swapzone is an instant cryptocurrency exchange aggregator and was founded in 2019 which gives it the New Trading Platform badge by our standards. The exchange is run by a company called Black Back LLC and the main office is located at Tbilisi, Didube District, Uznadze Str., N 111, Building N2, Apartment N11, Georgia.
What makes Swapzone special is the fact that it’s connected to other major exchanges and at the moment around 15 crypto platforms are connected. This means that order books from all other platforms will go through Swapzone and you get access to all coins from one crypto exchange without the need to create an account or register. It is also not necessary to file KYC documentation unless some of their exchange partners require it, in that case, you need to be ready to identify yourself.
Why use Swapzone
Swapzone is a platform for investors who are looking to swap their cryptocurrencies for new coins. All levels of investors will enjoy this platform thanks to the easy-to-use interface. If you are looking for a deep pool of altcoins you should definitely give Swapzone a try. If you found a new crypto project or if you got recommended a new coin, you will probably find it among all the offers available.
Swapzone will save you a lot of time as a trader or investor through the intuitive interface for swapping coins. If you require a fully developed charting package you’ve missed the point. This exchange is sort of the gold mine for finding new altcoins and swapping your bitcoin gains for new cheap penny cryptocurrencies. And since there is almost no limit to the transaction sizes you can load up when an opportunity arises.
Trading on Swapzone
This platform is not for day traders or any kind of active trading, however, one feature that is very helpful for traders who like to analyze crypto before investing is the price chart of every supported cryptocurrency on the platform. This is a pure instant crypto exchange that does a great job of keeping things simple and easy to use.
The exchange fee is charged depending on the exchange you use. Swapzone itself doesn’t charge any trading fee for using the platform.
Payment methods and limits
Since this is a non-custodial cryptocurrency exchange, there is no way to deposit funds into an actual account. This exchange doesn’t hold or store any customer funds. This is what makes exchanges like Swapzone unique. If you know how to handle blockchain transactions, this is a gold mine.
There is no minimum deposit limit, no minimum withdrawal limit, and the maximum withdrawal limit is incredibly high.
Swapzone category rating
Things we don’t like
When you look at the nature of this exchange there is not much to complain over. The live chat is working perfectly and we got in contact with a human support agent straight away, also the liquidity of these altcoins seems to be of high standards. Lastly, of course, the number of altcoins is very large. What could be improved for the future is an on-ramp for fiat payments since I know many traders and investors like to have quick deposits when they find new coins to invest in.
If you only expect a simple swap system between coins then you should definitely try this platform. Due to the nature and safety of the blockchain, we consider Swapzone to be a trustworthy instant cryptocurrency exchange.
Swapzone Trading Fees
About The Special Features On Swapzone
Swapzone is a simple platform to use and it does a good job of delivering a user-friendly and easy interface. Except for the swapping mechanism, deep cryptocurrency liquidity, high limits, and the number of altcoins it provides, there is no much else to point out.
However, we have some aspects of this platform that are unique and deserve some extra attention from the determined reader. This is an anonymous cryptocurrency exchange, it’s an instant exchange for beginners, and it’s a platform with connections to many other major players in the cryptocurrency community.
Anonymous Crypto Exchange Without Registration and Account
Normally, you need to sign up before you start exchanging coins. This procedure requires that you send in your passport, ID card, or your driver’s license to get a chance to use the service. This is done for two reasons, you are either going to use a fiat payment to deposit money and the cryptocurrency exchange is also in custody of your coins. On Swapzone, none of this is necessary. Why do you ask? Because there is no fiat on-ramp for deposits and Swapzone doesn’t keep custody of your coins in any account.
Basically, you can trade cryptocurrencies without registration and without an account.
Instant Crypto Exchange For Beginners
Swapzone is a very easy platform to use, especially for beginner investors and traders. This is something that we see as a huge plus because the easier a platform is to operate, the bigger the following they will get. We always like to promote and review exchanges that are easy to use and not too complicated. So, this is a cryptocurrency exchange for beginner investors and traders.
Crypto Platform Aggregator
What is a cryptocurrency exchange aggregator? It is a platform that partners up with other exchanges and through this partnership, they share their liquidity. This basically means that you will get access to the order book and all the altcoins from 15 other crypto trading platforms without signing up with 15 accounts. All you need is the Swapzone interface and your wallets, and you are good to go.
Our own experience with Swapzone
Swapzone Funding Methods
|Max Withdrawal Limits||No limit|
|Min Withdrawal Limits||No limit|
|Min Deposit Limits||$0|
Swapzone Withdrawal Fee
Is Swapzone a safe exchange?
The new era of blockchain solutions makes for great security thanks to the nature of the technology. Even though this exchange lacks many standard security features such as 2FA verification, KYC, and regulation, the fact that it’s purely run on the blockchain makes it safe enough. You are in control over your own wallets and Swapzone doesn’t keep custody of any of your coins. As long as you are familiar with blockchain transactions and crypto wallets you can rest assured that this exchange is safe. We highly recommend our investors to use Swapzone!
Is Swapzone regulated?
No, it is not, this is a non-regulated instant cryptocurrency exchange aggregator.
Frequently asked questions
Read the most frequently asked questions about Swapzone. Find answers without searching the web.
This is an instant crypto exchange aggregator where you can compare exchange rates and also swap between hundreds of different cryptocurrencies. All of this can be done from one simple interface.
Considering it is based on the blockchain which is secure by nature, it's very safe to use this exchange if you know how to handle blockchain transactions.
No, once the transactions have gone through there is no possibility to reverse it.
The main office is located at Tbilisi, Didube District, Uznadze Str., N 111, Building N2, Apartment N11, Georgia.
It normally never takes more than 5-30 minutes for your transaction to be completed, although it can in some cases take more time, for example, if the blockchain is overloaded or it is a high transaction volume.
There are several ways to get in contact with Swapzone, you can send them an email to email@example.com or you can get in contact with them on their live chat that you can find on their main page in the bottom right corner.
The editorial team of Trading Browser is required to use first-hand sources to collect and share information regarding the businesses we promote. Among these sources, you will find LinkedIn profiles, Trustpilot reviews, Sitejabber ratings, whitepapers, government reports, and other reputable sources. Below is a shared list of the article sources used for this review.
- LinkedIn – “Swapzone Company“
- Trustpilot – “Swapzone.io“