14 Best Sites To Instantly Swap Crypto for the Lowest Fees in 2024

Fact Checked
by May Woods

Crypto swap sites are the backbone of digital currency ecosystems. This guide lists the best platforms to instantly swap crypto for the lowest fees in 2024. Here’s what you need to know and how to choose the best crypto swap site for you.

KEY TAKEAWAYS
• Crypto swapping allows users to trade one crypto directly for another without requiring a fiat intermediary.
• The process tends to incur lower fees than traditional crypto trading.
• Some of the top sites to instantly swap crypto include Binance Convert, Bybit Convert, and Exodus.
• Consider liquidity, security, and usability as well as the fee structure when choosing a platform.

Top crypto swap sites in 2024

1. Binance Convert

Best for daily crypto conversions
Availability
E.U. & 100+ countries
Supported assets
BTC, ETH, USDT & 350+
Swap fees
No fees

2. Bybit Convert

Best for experienced investors
Availability
E.U. & 150+ countries
Supported assets
BTC & 320+ digital assets
Swap fees
No fees

3. Exodus

Best for customer service
Availability
Global
Supported assets
ETH & 50+
Swap fees
Exodus does not charge swap fees

4. CoinStats

Best for portfolio management
Availability
E.U., C.I.S., M.E.N.A., and 100+
Supported assets
ETH & 50+
Swap fees
0.5% for free plan or free for Premium plan

5. Nexo Swap

Best for instant swap
Availability
E.U. & 200+
Supported assets
BTC & 60+
Swap fees
No fees

6. BingX Convert

Best for brokerage services
Availability
E.U. & 100+
Supported assets
BTC & 500+
Swap fees
0.2%

7. Ledger Swap

Best for security
Availability
E.U. & 60+
Supported assets
BTC & 45+
Swap fees
0.25%

8. Paybis

Best for easy and secure crypto transactions
Availability
U.S., CA, DACH, Northern Europe, and more
Supported assets
80+
Swap fees
variable

9. SimpleSwap

Best for simplicity
Availability
E.U. & 100+ countries
Supported assets
BTC & 500+ digital assets
Swap fees
No fee

10. SwapSpace

Best for choosing exchange rates
Availability
E.U. & 150+
Supported assets
BTC & 600+
Swap fees
No fees

11. StealthEX

Best for speedy transactions
Availability
E.U. & 150+
Supported assets
BTC & 700+
Swap fees
0.4%

12. ChangeNOW

Best for reliability
Availability
E.U. & 100+
Supported assets
BTC & 400+
Swap fees
0.5% to 4%

13. Godex

Best for confidentiality
Availability
E.U. & 100+
Supported assets
BTC & 300+
Swap fees
1.5%

14. Changelly

Best for privacy (No KYC)
Availability
E.U. & 150+ countries
Supported assets
BTC & 500+
Swap fees
0.25%

Crypto swap sites compared

AvailabilitySwap feesSupported assets
Binance ConvertE.U. & 100+ countriesNo feesBTC, ETH, USDT & 350+
Bybit ConvertE.U. & 150+ countriesNo feesBTC & 320+
ExodusGlobalNo swap feesETH & 50+
CoinStatsE.U., C.I.S., M.E.N.A., and 100+0.5% for free plan or free for Premium planETH & 50+
NexoE.U. & 200+No feesBTC & 60+
BingX ConvertE.U. & 100+0.2%BTC & 500+
Ledger SwapE.U. & 60+0.25%BTC & 45+
PaybisU.S., CA, DACH, Northern Europe, and moreVariable80+
SimpleSwapE.U. & 100+ countriesNo feeBTC & 500+
ChangeNowE.U. & 150+0.5% to 4%BTC & 400+
SwapSpaceE.U. & 150+No feesBTC & 600+
StealthExE.U. & 150+0.4%BTC & 700+
GodexE.U. & 100+1.5%BTC & 300+
ChangellyE.U. & 150+ countries0.25%BTC & 500+

What is crypto swapping?

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Crypto swapping is a process that allows you to trade one crypto directly for another. For instance, you might want to swap Ethereum for another crypto to participate in a new blockchain project. This is more convenient than using traditional crypto-to-fiat or Bitcoin exchanges — where you first need to sell your existing crypto for a fiat currency like U.S. dollars, then use those dollars to buy the assets you want. 

A swap involves an equivalent amount of both cryptocurrencies based on their current market values. In other words, if you are swapping $100 worth of Cardano for Solana, you will get $100 worth of Solana minus any fees that the platform may charge for the transaction.

Difference between a trade and a swap

Although the terms “swap” and “trade” might seem similar, they have distinct meanings. Trading on a crypto trading platform usually involves selling one crypto for a fiat currency like dollars or euros.

In contrast, a crypto swap allows you to directly exchange one crypto for another without the need for the fiat currency stage. Due to the direct nature of the transaction, crypto swapping is easier, faster, and more cost-efficient than buying and selling.

How to choose a crypto swap site

First things first, security is key. Make sure your chosen platform uses strong measures like two-factor authentication and encryption to keep your funds safe. Check if it is non-custodial and if it stores assets offline in “cold storage” for extra protection.

Next, user-friendliness matters. A neat and practical interface can turn crypto swapping into the proverbial walk in the park. Don’t get stuck with a clunky platform that hinders your activities.

At the risk of stating the obvious, fees can easily eat into your profits. So, you must compare the fee structures of different sites.

Ideally, you should look for a platform with competitive rates, but remember, the cheapest option isn’t always the best. After all, you should not be willing to sacrifice security or service quality for a few cents saved.

Speed and reliability are also crucial. You don’t want to miss out on a trade because of a slow or unreliable platform.

Liquidity is another important factor. This means how easily you can buy or sell your crypto without impacting the price too much. High liquidity platforms usually offer better prices and faster trades.

Finally, let’s not forget about customer support. A good platform should have responsive and helpful customer service in case you run into any issues. Always check the platform’s reputation. Read reviews and see if there have been any security breaches or complaints in the past. A well-respected platform is usually a safer bet.

What is the best crypto swap site for you?

Determining the best crypto swap site largely depends on your specific needs and circumstances. While it’s easiest to opt for the swap site with the lowest fees, it’s wise not to make this your sole criterion. While the platforms listed above boast low fees for crypto swapping, there are other differentiators to be aware of. For instance, some sites allow you to swap crypto without requiring any identity verification (KYC) process. This makes them a good choice for users who want to maintain their privacy.

If you’re looking for more than just a simple swap service, a crypto exchange for beginners could be more suited to your needs. Exchanges offer a wider range of features, including advanced trading interfaces, investment opportunities, crypto loans, NFT marketplaces, and even crypto-linked VISA cards. Regardless of the platform you choose, remember to prioritize security at all times and never invest more than you can afford to lose.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.

Frequently asked questions

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