You already convert a currency to some other currency using traditional converters. With the increasing number of cryptocurrencies available in the market, you need something that can convert a cryptocurrency into any other cryptocurrency reliably.
What is CoinSwitch?
CoinSwitch is a cryptocurrency converter website. It converts more than 100 cryptocurrencies.
CoinSwitch offers competitive exchange rates by comparing the best exchange rates available in real time.
How Many Cryptocurrencies Does CoinSwitch Convert?
How Does CoinSwitch Work?
You don’t need to register. Simply start converting cryptocurrencies!
You can easily convert a cryptocurrency to any other cryptocurrency using these 5 steps:
- Enter your Wallet address;
- Enter the amount and cryptocurrency you want to convert;
- Select the exchange;
- Convert; and
- Track the conversion.
For example, Let’s say that you want to convert 1 Bitcoin into Ethereum:
You will have to enter your wallet address which has at least 1 Bitcoin.
Then you will enter 1 Bitcoin.
Then you will enter, convert to Ethereum.
After that, you press the convert button.
You will, then, have to follow CoinSwitch’s process to convert your Bitcoin to Ethereum.
Now you may track the progress of the conversion of Bitcoin to Ethereum.
How long does this exchange take?
It takes around 30 minutes to convert small amounts of cryptocurrency, i.e. less than 1 Bitcoin. Larger cryptocurrencies may take longer.
Is CoinSwitch Safe?
This means that your funds and information does not suffer any custodial risks.
Your transactions are still recorded. But since there is no account to link it to, your transactions are anonymous.
Can CoinSwitch be trusted?
We cannot vouch for the credibility of CoinSwitch. As we have not exchanged any funds ourselves using this site.
But its testimonial looks promising:
A customer of CoinSwitch, Andrew Davis says that CoinSwitch is a great concept. The process was easy to understand and the customer service was amazing.
CoinSwitch has positive ratings in different websites. So it is probably trustworthy.
CoinSwitch is one of the first conversion websites in the Internet; It has many positive reviews from many different websites; The process to convert is relatively simple; It has a great customer service team.
So, CoinSwitch looks to be a useful tool to convert cryptocurrency quickly and with ease.