The accelerated development of the crypto industry is an integral part of the digitalization of the new economy. It led to the emergence of various cryptocurrencies (Blockchain 1.0). Over time, other types of tokenized assets emerged (Blockchain 2.0).
An important role was played by the innovativeness of such products and their intangible essence. This caused a rapid spread, active circulation, significant capitalization, trading, and exchange of crypto coins. The article is devoted to considering the issue of crypto exchange. It describes the top 5 instant exchanges where you can swap HNT to BTC, CAKE to ETH, XRP to USDC, etc.
What Is Crypto Exchange and What Opportunities Does It Provide?
The cryptocurrency exchange is a basic operation carried out by almost all owners of digital coins. It can be done using separate applications of trading platforms. Those who often conduct transactions can choose exchange services directly. These resources allow exchange procedures with crypto assets and fiat online and, in some cases, offline.
Criteria for Selecting Reliable Crypto Platforms
The choice of online resources for conducting various operations with digital coins is based on some criteria. The main criterion is the price. It may vary depending on the platform you choose for cooperation. In addition, you should study the conditions that the service offers. These include fees, available transactions, offered assets, and extra payments. A careful study of all these criteria will allow you to make the right informed choice.
Top 5 Crypto Instant Exchanges That Deserve Your Attention
Don’t worry if you face difficulties in choosing a trustworthy platform. This is difficult because today, there are many crypto platforms, each with its own unique features. Here is a list of the 5 most popular websites:
- LetsExchange. The first place in our rating rightfully belongs to https://letsexchange.io/exchange/usdt-to-btc. It is an instant cryptocurrency exchange platform that saves you time and money. LetsExchange gives the opportunity to swap 2,300+ cryptocurrencies. There is no registration required and no limit on maximum exchange amounts. The website performs transactions in an automated mode. In addition, it uses modern protection tools and provides customers with round-the-clock support;
- OKX. This is another good service offering its users more than 485 trading instruments and about 30 fiat currencies. The advantage of OKX is that in addition to instant exchange, it offers a number of other services based on blockchain technology. These include DeFi, NFT, staking, mining, and lending. But mandatory verification is required. Each client must provide the company with identification documents;
- CoinEx. The online company CoinEx offers crypto services in over 200 countries. It provides a comprehensive user experience. The full range of services includes a variety of trading operations and asset management. Thanks to the high-speed system, exchange transactions are completed in seconds. Safety, stability, and reliability are guaranteed to every customer;
- Bitget. This reputable platform was founded in 2018 but has already become popular. The service offers many trading pairs, including Bitcoin, Ethereum, and altcoins. The convenient, user-friendly interface and low trading fees make it a great option for both beginners and experienced traders. The reliability of operations is ensured by mandatory two-factor authentication;
- Bitfinex. The platform allows you to buy, sell, exchange, and store 300+ coins, including BTC and ETH. The main features of the resource are the direct exchange of cryptocurrencies, classic, marginal, and over-the-counter trading. But services are limited for those who have not passed verification.
Thus, use the services of companies that provide instant transactions and benefit from the transactions with coins!
