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Finding a good crypto exchange can be tricky. With so many platforms out there, it’s hard to know which ones are reliable, secure, and truly have your best interest in mind. After all, you’re putting your money on the line, and you want to make sure it’s safe. It takes more than just flashy features or low fees; a trustworthy exchange should prove its security, reputation, and consistency. Thankfully, there are platforms out there that can instill that confidence – backed by real proof, and here are 5 of them.
1. ChangeNOW
More than a million users by 2024 could be a green flag for ChangeNOW's dedication to trust and safety. Even though it’s non-custodial, so no funds are stored on the platform, and no upfront registration or KYC is required, ChangeNOW vigilantly monitors transactions, ensuring a seamless and secure experience.
Their dedication to security becomes even more evident in real-life situations. For instance, when a user lost $30,000 to a hacker, ChangeNOW's team intercepted part of the stolen funds being funneled through the platform, freezing the transaction and recovering $20,000 for the user. While these incidents didn't involve ChangeNOW directly, it's worth noting that they've gone above and beyond to help users recover lost or stolen funds, with a track record of returning over $19 million.
When it comes to KYC/AML, ChangeNOW only implements these checks when flagging suspicious behavior. And for good reason – another hacker once tried to move stolen assets through the platform, but ChangeNOW’s team stepped in and blocked the attempt, further showcasing their priority of keeping users’ money safe over chasing profits.
A user once trusted ChangeNOW with a sizable $20,000 USDT transaction. No one would risk that kind of cash on an exchange they didn't have faith in. And ChangeNOW didn't disappoint – although there was a hiccup due to high network congestion, the support team did everything they could to help out.
Source: Trustpilot
Here's another user feedback from Trustpilot, where ChangeNOW has over 10,680 reviews and a 4.5 rating, that reaffirms the platform’s security and top-notch support team. Their 99% resolution rate and assistance with a wide range of issues like blocked transactions and cross-chain swap mistakes definitely inspires confidence.
Source: Trustpilot
So, ChangeNOW seems like a solid platform – secure and dependable. Here, you can swap 1,000+ different assets, from big names like Bitcoin to the latest AI and meme coins, which all translates into over 1,000,000 pairs. Exchanges are pretty quick (take 5 minutes on average) and the platform is very upfront and transparent about fees. With ChangeNOW, you can also take your crypto game on the go since their mobile exchange app and Telegram mini-app make it super easy to swap, buy, and sell cryptocurrencies wherever you are.
Notably, ChangeNOW’s ChangeNOW Pro version takes things up a notch with bonus features and perks, such as cashback, unlimited crypto loans, and reduced fees with off-chain swaps.
2. StealthEX
With over 1,500 cryptocurrencies available for limitless cross-chain swaps and a simple, no-registration setup, StealthEX is all about keeping things private, safe and easy. StealthEX nails it with their direct wallet-to-wallet swaps, making sure your crypto always lands in the right spot, and this a foolproof solution for almost worry-free swapping.
They've partnered with numerous liquidity providers to offer competitive rates – a real lifesaver when the market's on a wild ride. Plus, no KYC for crypto-to-crypto exchanges means you can swap freely without any extra hassle.
Scoring 4.6/5 score on Trustpilot, StealthEX’s reviews prove that they’ve got users’ back while making sure they enjoy swapping cryptos with them.
Check out this Trustpilot review – there's this user who's been happily swapping on StealthEX for months without a hitch. Then, one time, he hits a snag with a $2,500 transaction, it turns out it was his fault, but the support team totally came through, and he got his transaction processed.
Source: Trustpilot
It's worth noting that this isn't exactly the chump change this user is talking about. So, it seems like StealthEX deserves the trust of its users, and whether you're swapping small amounts or significant sums, you can rely on this platform.
3. MoonPay
When it comes to secure crypto platforms, MoonPay definitely makes the cut. Operating in over 180 countries, MoonPay prides itself on being a decentralized on-ramp and off-ramp. Security is a top priority, with non-custodial products that don't store your crypto centrally.
Their cross-chain exchange and low-fee swaps make it easy, quick, and safe to swap cryptocurrencies. With no processing fees, competitive rates, and a focus on customer protection, MoonPay's non-custodial swap platform has got your back.
All MoonPay users must complete KYC requirements, ensuring a secure community for everyone. Plus, MoonPay is ISO 27001 certified – a global standard for information security.
Over 20 million users trust MoonPay worldwide, and that's because they take security seriously and prioritize the protection of their users.
Have a peek at this Trustpilot review, where MoonPay's got a solid 4.3 rating, and this customer hits the nail on the head, praising it as a secure and easy-to-use platform.
Source: Trustpilot
4. Swapzone
Swapzone puts security front and center with top-notch features like strong encryption, two-factor authentication (2FA), and regular audits. Your data and privacy are safe and sound when you use their platform.
Beyond security, Swapzone, as a non-custodial crypto aggregator, simplifies finding the best deals for your crypto swaps. With a catalog of over 1,000 cryptos, Swapzone compares rates in real-time from 18 top exchanges, including big names like ChangeNOW. No need for multiple accounts – their registration-free platform allows for easy access to the crypto market.
When it comes to convenience, just pick your desired cryptocurrencies, and Swapzone lays out a menu of offers with rates and details for you to choose from. Swaps can be as quick as 5 minutes, and their 4.6 Trustpilot score gives you peace of mind when swapping and snagging the best rates.
Check out this review about a refund Swapzone provided after a user made a swap gone wrong.
Source: Trustpilot
It's reassuring to know that even if you make a mistake, you can count on Swapzone to have your back. That level of support really speaks to their commitment to being a safe and secure platform.
5. Ka.app
When it comes to secure platforms for managing cash and crypto, Ka.app is another one to consider. Being licensed in the EU, they can provide top-notch custodial services to users while staying committed to legal requirements. Their active compliance with the 5th EU AML directive helps combat money laundering, fraud, and other illegal activities, giving Ka.app users peace of mind. Also, they use Fireblocks' tech to secure users' digital assets while they're being stored or moved around.
On Trustpilot, Ka.app holds a solid 4.4 rating, with users, like this one, praising its ease of use and reliability.
Source: Trustpilot
Now let's quickly go through some other cool features of Ka.app. Not only does it make receiving payments in your preferred crypto smooth sailing, but it also lets you swap between different cryptocurrencies or EUR with a bunch of options to choose from.
Plus, you can send crypto for free if the recipient is down with the same currency. And for those pesky cross-border payments? Ka.app makes them quick and simple, so beginners and experts can both enjoy the ride.
Summary
A smooth interface and low fees are great, but what truly matters is knowing that your funds and personal info are safe. ChangeNOW is a platform that understands the importance of maintaining the right balance between privacy and security. Sure thing, other KYC-free platforms such as StealthEX and Swapzone do offer high levels of security, too, but ChangeNOW somehow still seems like the one that has it all.
