Swapped.com
Swapped.com Swapped.com is an online cryptocurrency exchange platform that facilitates the buying and selling of digital assets through a simplified three-step process. The website is known for its competitive fees, broad selection of cryptocurrencies, and diverse payment options. The platform emphasizes transparency, ease of use, and rapid transaction times.
Operation
Swapped.com allows users to purchase cryptocurrency by following a straightforward process:
- Select: Users choose the cryptocurrency they wish to buy from a variety of options available on the platform.
- Pay: Purchases can be completed using over 30 different payment methods, including credit card, bank transfer, and digital payment services.
- Receive: Purchased cryptocurrency is then delivered directly to the user’s wallet, with different processing times based on the payment method used.
The platform also supports selling cryptocurrency, where funds are transferred to the user’s bank account shortly after the transaction is confirmed on the blockchain.
Competitiveness
Swapped.com advertises some of the lowest fees in the cryptocurrency exchange market. For credit card transactions, the platform charges a 4.02% fee, which is comparatively lower than many industry competitors. For instance:
- Moonpay: Credit Card fee is 10.13%; Bank transfer is 9.07%.
- Banxa: Credit Card fee is 7.72%; Bank transfer is 6.94%.
- Changelly: Credit Card fee is 6.93%; Bank transfer is 6.61%.
These rates make the website a popular choice among users looking to minimize transaction costs.