If you’d like to use cryptocurrencies as a kind of investment, you can make it work for you by trading one crypto asset for another at instant exchange services. These trading platforms compare prices and aggregate liquidity from various custodial trading exchanges and provide a simplified exchange user experience.
If you’re seeking a safe place to swap ETH to MATIC, explore LetsExchange.io, one of the instant exchange services. You may securely trade crypto assets here without creating a user account. You don’t have to provide any personal information. The online ETH to MATIC converter automatically calculates each transaction’s most lucrative conversion rate. As a result, the entire exchange procedure is simple, straightforward, and secure.
The distinctions between instant and conventional exchanges don’t make one better than the other – they were designed for different purposes. Determining the goals of your trading journey can assist you in deciding which option is most appropriate to your needs. That’s clearly distinct from trading platforms, which secure your crypto but limit volume and pricing on their exchange, have longer signup processes and have a more professional trading UI.
You want a platform with the lowest costs, an extensive range of coins, quick transactions and payments, and excellent customer support ready to serve you 24/7. To start swapping coins like Binance FTM there, go to an instant exchange service and take the following steps:
- Go to the trading widget on the webpage.
- Choose the currency you want to swap and the amount you’d like to exchange it for.
- Choose the cryptocurrency you intend to purchase. You’ll see the most competitive conversion rate among all significant exchange sites.
- To get your switched coins, provide your wallet address.
- The next step is to submit the funds needed to complete your transaction.
- Your transaction will be handled instantly after the deposit is completed.
Platforms that provide instant crypto swaps take a different approach and provide distinct benefits. They don’t even ask users to join up to trade cryptocurrency. The only thing you’ll need is a wallet to store the coins you want to trade. That’s fast as it should be for everyone who doesn’t want to waste time getting into detail and instead would like to swap coins quickly.
By now, you should know for sure that your requirements and objectives primarily determine the best option for your trade needs. Instant services provide crypto enthusiasts with a means to maintain anonymity when trading crypto and secure the security of their funds. That’s, undoubtedly, the most significant, but not the only, advantage of such platforms over custodial exchanges.
In contrast, traditional crypto platforms may be a better option for more experienced traders with meticulous operational security and a complex strategy. However, when it comes to complex trading capabilities, custodial exchanges outperform quick services. As a result, it’s up to you to select which sort of platform is best for your next cryptocurrency transaction.
Your decision on a crypto exchange is critical to your trading or investing success. And when you know your goals in trading, you’ll be rewarded more for your efforts and be able to trade securely. With the information provided above, you should be able to make an informed selection that meets your requirements.