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The CoinSwitch platform is the first aggregator of cryptocurrency and altcoin exchange. It has integrated numerous leading exchanges all over the world to offer the best exchange rates to its users. Currently, the platform supports over 250 cryptocurrencies and over 6000 pairs to exchange.
Using the CoinSwitch platform, users can exchange their digital funds on any of their partner exchanges such as KuCoin, Bittrex, ShapeShift, Changelly, Cryptopia, Changer and Evercoin. Users must not create an account in any of these exchanges. The platform allows you to create an exchange order and compare the best price availability between the partner's exchanges and execute the order. The platform also provides dedicated end-to-end support to verify the completion of an order. During its 10 months of existence, the platform generated volumes of up to 1 million dollars a day for these exchanges.
Main advantages of using the CoinSwitch platform:
– Availability for the huge number of coins and exchange pairs (300 + coins and over 45,000 pairs – the highest in the world)
– Ability to trade on multiple platforms without registering individually;
– Compare Prices
– Participate in the CoinSwitch now.
Supported Exchanges and Coins
At the moment, CoinSwitch supports Shapeshift, Bittrex, Changelly, KuCoin, Changer and Cryptopia exchanges. There is an announcement that CoinSwitch will add HitBTC, OKEx, LiveCoin and Huobi to their platform in the near future.
The number of coins supported is huge and can not be listed here. More than 250 coins supported giving the opportunity to trade more than 6,000 currency pairs
Traditional fiat currencies such as USD, EUR or GBP are not supported. It means that you have to own the digital currency to operate on CoinSwitch. Because it does not support legal currencies, it means less or no regulation. Regulations may be a problem for some users, but their reputation can be verified in reviews and user forums.
Trading with CoinSwitch
Suppose you already own BTC. Go to https://www.coinswitch.co and select BTC on the field & # 39; You Send & # 39; top and ETH right in the field & # 39; You Get & # 39 ;. Enter the amount of BTC you want to exchange. This will show the amount of ETH at the current exchange rate. Now you have to click on the "View all offers" button.
Here you will see the list of all exchanges with the amount of Ether (ETH). Choose the best exchange to convert your Bitcoin (BTC) to Ether (ETH) or you can choose the one recommended by the platform.
Provide your Ether (ETH) portfolio address. You will receive your ETH coins in that wallet after the exchange is completed. Please recheck the address and read the terms before pressing the Next button.
Here the Bitcoin address (BTC) of the exchange will be shown. Now you have to send BTC from your BTC wallet to that address.
Once the exchange receives your BTC, it will start the Ether conversion (ETH). [19659004] You can always track your transaction on the blockchain with our easy-to-access links, under the status of your transactions.
The transaction is now complete, and you can now check your Ether (ETH) Portfolio. Note that although the transaction is over, in some cases the portfolio needs some additional confirmation to display the funds received. All you have to do is wait for your coins to appear.
CoinSwitch transactions take 15 to 30 minutes to process. If a transaction is large (about 1 BTC is worth it), processing may take longer depending on the size of the transaction and the capacity of the blockchain.
Join CoinSwitch now.
It is important to know that, unlike ordinary money, cryptocurrencies are highly volatile, so the rate can fluctuate. It may happen that the exchange rate you see before the transaction is different (high or low) after the transaction is completed. In this case, the amount exchanged that you receive may differ from what you see during the comparison.
The platform has no restrictions on the amount. However, there are some situations that require your attention. If an amount is too low, you should make sure that it will cover all the network fees required for a blockchain. This means that the amount you intend to send and the amount you will get should be sufficient to cover incoming and outgoing network commissions taken from a blockchain. If your funds are insufficient to exchange, you will see a message. Please pay attention to these recommendations. Otherwise, there is a high risk that your money will be lost. Some exchanges also provide a maximum limit.
User Interface
The CoinSwitch platform is very easy to use. There are simple steps that must be taken to make the exchange. Even if you are a beginner in the world of cryptocurrencies, it will not be a problem. The platform is very intuitive and after choosing the trading pair simply follows the steps and instructions on the screen.
If you still have problems with transactions, you can always visit the FAQ page where you can find the answer to your problem.
On the other hand, the platform does not have advanced tools for more experienced users such as chart creation tools, trading history, order book and so on. Most experienced users are doing a thorough market research before making a decision. Most of these tools are common on other platforms, but considering that CoinSwitch is a trading aggregator it should be a big surprise.
CoinSwitch Transaction Fees
The commission that the user will pay to make a transaction on CoinSwitch depends on the exchange selected for the transaction. In the following table, you can view the fees charged, but do not include any amount charged by the exchange itself.
| Exchange | Commissions |
| Changelly | 0% |
| Shapeshift | 0% |
| Changer | 0% |
| EverCoin | 0% |
| KuCoin [19659040] 0.25% – 0.59% | |
| Bittrex | 0.25% – 0.98% |
| Cryptopia | 0.25% – 0.98% |
| Others | 0 , 25% – 0.98% |
CoinSwitch Referral Program
The CoinSwitch Referral Program is a special feature that allows individuals, website owners and bloggers to share their unique link, for each transaction, made by another person via the user reference link. Users would earn 25% of CoinSwitch's revenue share forever.
According to their website, the CoinSwitch Affiliate program works in 3 simple steps:
- Get referral link : create your CoinSwitch account and visit the referral program page. Get a unique reference link.
- Invite friends : You can invite your friends to exchange their cryptocurrencies with your reference link. You can share your referral link to social media platforms directly from the Referral Program page.
- Get Paid : You will receive 25% of the revenue share of the platform's revenue for their successful exchange. If you register on CoinSwitch via your referral link, you will receive the revenue sharing fee for each exchange they will do forever.
You can track your referral statistics on the Referral Program page. It shows you all the completed registrations, the successful transactions through your reference link and the reference bonus you will receive, all three in real time.
Join CoinSwitch now.
Final words
April 14th In 2018 it was announced that CoinSwitch users will now be able to pay directly through their Coinbase account to exchange coins on the platform. This integration is aimed at improving the user experience by providing an easy way to use your Coinbase portfolio to meet the exchange orders placed on CoinSwitch.co.
CoinSwitch is a service that can be used to find exchange rates for over 275 cryptocurrencies and 6,000 exchange pairs through half a dozen popular exchanges including ShapeShift, Changelly and Evercoin. In addition, CoinSwitch displays the best rates not only dealing with ShapeShift, Changelly and Evercoin but also support major exchanges such as Bittrex, KuCoin, Cryptopia and many others.
The writers and authors of CapitanAltcoin may or may not have a personal interest in any of the projects and of the activities mentioned. None of the contents on CaptainAltcoin is an investment advice nor a substitute for advice from a certified financial planner.
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