Instaswap.io reviews
For the longest time, I have been looking for a cross-chain, instant exchange platform that is secure, effective, and allows users to have the freedom to trade with any cryptocurrency they want. What I found in the market was disappointing. The platforms were either unsafe or too unstable to allow me to trust them with my earnings.
If you are like me, searching the internet for an exchange platform that is fair, secure, and efficient, here is my honest review of InstaSwap.io. I will try to be as detailed as I can, so you have all the information you need to decide whether it is the best exchange platform for you.
How InstaSwap.io works
This is a new operating crypto exchange platform that was founded in 2015. Throughout the years, InstaSwap has never been hacked and has not had any significant adverse events. It has kept its track record as one of the most secure places to trade and exchange cryptocurrencies.
I have ended up making some huge losses because of trusting exchange platforms blindly. As a result, I made sure I started with trading only a few coins on each platform just to see how safe and smooth the process would be. I traded with InstaSwap.io for six months before I decided to settle with the platform. I discovered that unlike other platforms, this one has numerous security blocks that ensure that hackers cannot just take your coins and use them. Don't use plagiarised sources.Get your custom essay just from $11/page
Ease of use
InstaSwap is extremely easy to use. Compared to other apps, it is useful and allows you to enjoy the various interfaces it offers. The best part is that it can work for both newbies and pro-traders.
Trading against the FIAT is easy as long as you are willing to undergo the necessary KYC procedures. Unlike other platforms online today, it does not have high trading fees. The best part is that these fees also decrease each time you trade a considerable volume of cash. Sometimes, you will even purchase at zero charges. But, even if you are not a whale yet, you have a high chance of saving some money with this platform.
Excellent services
Among other things, InstaSwap is remarkable because of the services and benefits customers get. You will not just be saving money on trades. Experienced traders also enjoy margin and spot trading. There are so many options that allow users to grow ad continue becoming pros with the system. If you are new, this is definitely a feature you want. You need to go for platforms that make it easy for you to advance as you learn more about how to trade.
InstaSwap also allows for high trade volumes. You get both the one-on-one services and the over-the-counter service that will enable you to trade as much as $100k. You will also enjoy the dedicated account manager who gives you time on trading and making the right choices.
There is also the order book that is not visible to the rest of the users. Each individual gets their own order book, which has a list of your orders and amounts of trade. You can, therefore, buy and sell orders without revealing your interests to the rest of the traders. If you are a private person like me and need to keep everything on the low, this feature allows you to do that. It is also a way to keep your account safe. If everyone can see your orders, they will be more tempted to try and hack your account. The outsized orders, when viewed by other traders also, often move the market unfavourably, making it nearly impossible to order at a reasonable price. The order book avoids this scenario.
The InstaSwap fees
InstaSwap is a user-friendly, entry-level exchange that allows me to trade with ease using the accepted FIAT. I love it because of its low costs. Most are below 26%. Of course, as mentioned before, your fees are lower if you are trading in higher volumes.
A maker’s fees can go as low as 0%. While these are not the lowest fees on the market, they still make InstaSwap a highly recommended exchange.
Security
The funds are stored offline, and there is a two-factor authentication that is used to prevent hackers. InstaSwap clearly takes the security of your money seriously. The user accounts can only be accessed by staff. Do not worry. This access is solely for data verification. Staff members cannot access the money you have. This was definitely comforting for me after I suffered so many security issues with other exchanges.
Currencies and Payment Methods
Instaswap accepts several fiat currencies, including US dollars USD, Canadian dollars CAD, and Euros EUR. This has made it convenient for me to continue to enjoy exceptional services from anywhere. When I am away for some business engagements, InstaSwap helps me keep my digital currencies running all the time. It has also made it possible to withdraw and deposit via SWIFT, SEPA, domestic, and wire transfers.
Whenever I wish to access my money, it only takes up to 5 business days, and the funds are transferred. Therefore, it has been entirely instrumental in helping me grow my business. When I wish to make payments, on average, deposits take less than 24 hours, and it is free for most accepted currencies. Although there is a small fee for address setup for some coins, it is quite reliable.
I also realized that wire transfer is a little expensive and varies from one country to the other. However, that should not limit you when you are thinking of transferring massive amounts.
Conclusion
If you are still unsure whether to InstaSwap, then you are missing out on a lot of privileges. InstaSwap is the solution you need for the smooth transaction of all your digital currencies and keep track of your money.