Swap Your Cryptos Without Strings Attached
Converting cryptocurrencies has never been easier. With Bitnovo, you can swap between all our available cryptocurrencies.
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What is a crypto swap?
A swap or exchange is a feature that allows you to trade one token or cryptocurrency for another without needing to go through a fiat currency in the process. This type of operation is particularly interesting when, for example, you want to keep your capital in cryptocurrencies but wish to avoid exposure to volatility during bearish trends. In such cases, you can exchange for stable cryptocurrencies pegged to a fiat currency.
Advantages of swapping cryptocurrencies
Performing swap or exchange operations between cryptocurrencies has several advantages. For instance, since it's a direct exchange between cryptocurrencies and doesn't involve converting to fiat, these operations usually incur lower costs, as you avoid fees associated with converting to fiat and subsequently withdrawing funds to your chosen payment method. Keeping your capital in cryptocurrencies also helps avoid additional costs.
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Why people trust Bitnovo
Operating since 2015
With nearly a decade of experience, Bitnovo has built a trusted platform in the cryptocurrency sector.
Low fees
We offer one of the lowest commission rates in the market, ensuring you get the most value for your cryptocurrencies.
24/7 customer support
Our support team is available 24 hours a day, seven days a week.
Frequently Asked Questions
What is the cost of a swap?
The costs that Bitnovo applies are lower compared to a purchase or sale operation. However, costs for the end user may vary depending on the selected network and the fee paid when sending the cryptocurrency.
How long does a swap take?
This answer is quite specific as it depends on the network used for the swap and the fee you're willing to pay for sending the cryptocurrency. Therefore, it varies in each case, but the average time is around 3 minutes.
Is there a limit on the amount for a swap?
Yes, each cryptocurrency has a set amount limit. However, if you wish to perform a swap for a higher amount, we can offer you OTC service.
