WHY YOU SHOULD USE NON-CUSTODIAL CRYPTO SWAP PLATFORMS VS TRADITIONAL EXCHANGES

[Ibrym]

1. It’s safer​

By holding funds in your own private wallet will significantly reduce the risk of losing money in case of a hacker attack.
Just happened this May, the world’s biggest crypto exchange, Binance reported a $50million worth of cryptocurrencies were stolen.
Mt. Gox lost $460million in 2014, Bitfinex suffered a loss of $72million in 2016, NiceHash was hacked for $60million in 2017 and Coincheck lost a staggering $530million in early 2018, the biggest Crypto heist up to now.

Since traditional exchanges are often under the attack of hackers, using non-custodial platforms are much more reliable and safer.
With that said, you’ll first need to have a cryptocurrency wallet to keep your coins safe. Choose a reliable crypto hardware wallet here:

3. It’s simple and easy to use​

Instant exchanges allow its users to quickly switch coins without going through time-consuming registration process. It’s pretty straightforward and easy to create an account. In most cases, all you need is an email address to get started. Even better, some platforms don’t even require an account to use it.

4. It’s faster​

If you’ve ever used a custodial crypto exchange, then you’d know how long it can to get your account approved! It can take weeks, if not months to get your account ready before you can start buying and selling on regular exchanges. However, the process of trading is simplified with instant exchanges. Go to an instant exchange, select the crypto to trade and get your coins right away. There’s no delay. Each transaction is processed immediately and takes from 5 to 60 minutes, on average, to complete.

5. It offers extra privacy​

Unlike centralized crypto exchanges that require sign-up and ID verification, most instant exchanges are a convenient and quick way to buy/sell crypto anonymously.
You don’t have to provide personal data to make a transaction. (Please don’t conduct illegal activities using instant exchanges. You may not be able to recover your funds or you will be asked to verify your identity.)

Here are my top 10 Pick of the Best Platforms for Swapping one crypto to another:

1. ChangeNOW★★★★★ – Best for Reliability
2. SwapSpace ★★★★★ – Best for Comparing Rates
3. Godex ★★★★☆ – Best for Anonymity
4. Changehero ★★★★☆ – Best for Ease of Use
5. Exolix ★★★★☆ – Best for Beginners
6. Swapzone ★★★★☆ – Best for Exchange Rates
7. FixedFloat ★★★★☆ – Best for Lightning Network
8. SimpleSwap ★★★★☆ – Best for Simplicity
9. Chagelly ★★★★☆ – Best for Simplicity
10. Uniswap ★★★★☆ – Best for Reliability

You can add your own favorite in the comment section.
Cheers!

 

[Fufi]

By holding funds in your own private wallet will significantly reduce the risk of losing money in case of a hacker attack. There is a custodial crypto wallet Cropty.com, really very suitable for beginners that allows not only sending and receiving coins easily, avoiding mistakes, as well as storing assets with military-level security, but it guides you through the crypto world and shows you all its advantages