CoinSwitch platform is the first cryptocurrency and altcoin exchange aggregator. It has integrated many leading exchanges across the globe to provide best exchange rates to its users. CoinSwitch is a cryptocurrency exchange providing the best way to invest in cryptocurrencies by aggregating all leading exchanges and comparing cryptocurrency prices in real time.
Users do not have to create an account at any of these exchanges. The platform enables you to create an exchange order and compare best price availability amongst the partner exchanges and execute the order.
The platform additionally provides a dedicated end-to-end support to see through a successful order completion. During its 10 months of existence, the platform has driven volumes up to 1 million USD per day to these exchanges.
Trade while you sleep with two of the cryptocurrency bots on the market - Cryptohopper or Tradesanta. The number of supported coins is massive and it cannot be listed here. More than coins supported which gives the possibility to trade in more than 6, currency pairs. It means that you must own digital currency to trade on CoinSwitch. As it does not support fiat currencies, it means less or none regulations. Enter the amount of BTC you want to exchange. This will show the quantity of ETH at current exchange rate.
Here you will see the list of all exchanges with Ether ETH quantity. Provide your Ether ETH wallet address. You will receive your ETH coins in that wallet after the exchange completes.
Please double check the address and read the terms before hitting Next button. Read our comprehensive guide on best cryptocurrency exchanges. Here it will show the Bitcoin BTC address of the exchange.
You can always track your transaction on the blockchain with our easy to access links, below is your transactions status. The transaction is now completed, and now you can check your Ether ETH wallet. Note that although the transaction is finished, in some cases your wallet needs some additional confirmations to display the received funds. All you should do is to just wait until your coins are displayed. CoinSwitch transactions take minutes to be processed. If a transaction is large around 1 BTC worth , processing may take longer depending on the size of your transaction and blockchain capacity.
It is important to know that, unlike ordinary money, cryptocurrencies are highly volatile, so the rate may fluctuate. It may happen that the exchange rate which you see before the transaction is different high or low after transaction gets completed. In that case, the exchanged quantity which you receive may differ from what you see during the comparison.
Nevertheless, there are some situations that need your attention. If an amount is too low, you should make sure that it will cover all the network fees a blockchain takes. It means that the amount you are going to send and the amount you are going to get should be enough to cover input and output network fees taken by a blockchain.
If your funds to be exchanged are insufficient, 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 provide a max limit as well. The CoinSwitch platform is very easy to use. There are simple steps that need to 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 you choose your trading pair just follows the steps and instructions on the screen.
If you are still having problems with making the transactions, you can always visit FAQ page where you can find answer to your problem. On the other hand, the platform lacks advanced tools for more experienced users such as charting tools, trading history, order book and etc. Most of the experienced users are doing an in-depth research of the market before making a decision.
Most of these tools are common on other exchanges, but considering that CoinSwitch is an exchange aggregator it should come as a big surprise. The fee that the user will pay for making a transaction on the CoinSwitch depends on the exchange he selects for the transaction.
In the following table, you can see the fees charged, but they do not include any amount charged by the exchange itself. You can track the stats of your referrals on the Referral Program page. It shows you all the completed registrations, successful transactions done through your referral link and the referral bonus which you are going to receive, all three in real time. On April 14, it was announced that CoinSwitch users will now be able to directly pay through their Coinbase account to exchange coins on the platform.
This integration is aimed at enhancing user experience by providing a seamless way for them to use their Coinbase wallet to fulfill exchange orders placed at CoinSwitch. CoinSwitch is a service that can be used to find exchange rates for over cryptocurrencies and 6, exchange pairs across half a dozen popular exchanges including ShapeShift, Changelly and Evercoin.
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.
Phil Traugott is a staff writer at CaptainAltcoin. As a trained marketing specialist for copywriting and creative campaigns, he has been advising top companies on the following topics: online marketing, SEO and software branding for more than 10 years. The topic of crypto currencies is becoming increasingly important for companies and investors and he found it very alluring and fitting for his skillset which prompted him to pivot his career towards blockchain and cryptocurrencies.
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We have seen a strong need for better media coverage in the industry as the rise and popularity of digital currency is at an all-time high. Exchanges Journal. Philipp Traugott November 19, 0. Content Trade while you sleep with two of the cryptocurrency bots on the market - Cryptohopper or Tradesanta. Brave Browser is faster and more private browser that has its own cryptocurrency ecosystem.
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