Best way to exchange one coin to another ?

[AmoreJaz]

In my own case, i have been using the exchange services in doing this, because there i have some of my coins which i may want to exchange to fiat or to another digital asset, so i don't bother in going too much in search of other platforms that could render the same thing they can do, even though to consider on their service fee, its something not encouraging to that extent depending on the networks, but still far better than the fist exchange system.

If you find a reliable and trustworthy exchange, it is no surprise that you will use it throughout your trading journey. Because trying other exchanges may pose risk as you have to learn their reputation first. But it is not wrong to try other trading platforms. Sometimes, they will give better offerings to their customers. Try to read some user reviews or feedbacks before depositing money. You can already see a lot of reviews over the net. So don't be lazy hitting those keys. Because mentioning the exchange, a lot of hits will already come up. And if you are looking for a local exchange, you can get a good glimpse of their services among the locals. Word of mouth is actually a powerful tool when you are looking for some good services in town, right?

[NotATether]

CCE.Cash is good.

They also return your coins if they can't exchange them for any reason.

[harapan]

I have been looking for options to exchange one coin to another and so I want you guys' suggestions on which service is the best currently.
I came across instant swaps and would be looking to explore it if there's no other best way to do it.
I am looking to exchange BTC to stable coin and altcoin and vice versa without going through any KYC.

Okay in regards to what you're looking for that doesn't require you to go through KYC process I'll gladly recommend Dex, though a friend recommended this to me sometime ago and I had a seemless transactions but I don't use it on a basis cause if I tend to do an exchange to fiat i make use of the MEXC  but i think it's a good exchange system for BTC and Alt.

[armanda90]

If you find a reliable and trustworthy exchange, it is no surprise that you will use it throughout your trading journey. Because trying other exchanges may pose risk as you have to learn their reputation first. But it is not wrong to try other trading platforms. Sometimes, they will give better offerings to their customers.

Could acceptable with your reason how to be quite carefully when using CEX Exchange after bankrupt and scam happening to FTX Exchange, many people losses their much money without refund from FTX and make many people get little not trusted with CEX exchange. So far I trade with my local exchange market have been running around ten years and right now keep trust without get trouble from withdrawing, deposit and trading.
Not matter trade at DEX because we have controlling own self about our assets without depend with third side such as CEX exchange market, but trading with CEX easily than DEX have spent higher fees and we can't set up limit order have to buy or sell instant. Many trusted trading CEX platform right now and not have worry when trading or saving assets crypto at CEX exchange market.

[shinratensei_]

I have been looking for options to exchange one coin to another and so I want you guys' suggestions on which service is the best currently.
I came across instant swaps and would be looking to explore it if there's no other best way to do it.
I am looking to exchange BTC to stable coin and altcoin and vice versa without going through any KYC.

Okay in regards to what you're looking for that doesn't require you to go through KYC process I'll gladly recommend Dex, though a friend recommended this to me sometime ago and I had a seemless transactions but I don't use it on a basis cause if I tend to do an exchange to fiat i make use of the MEXC  but i think it's a good exchange system for BTC and Alt.

The only problem with dex for BTC bridge to stablecoin is lack of liquidity, all the liqidity are residing in exchange in this case without a doubt.
If it's small amount however, it's still worthwhile to use DEX in this case.

Maybe the emergence of HyperEVM that allows bridging BTC to their chain can fix this but it's still far away in the future.

[knowngunman]

How about some cex market? Mexc has no KYC and been able to use that exchange for trading any coins and tokens without doing any identity proof even memecoin trading is allowed there. Regarding low transaction fee I barely noticed it. But if you are looking for dex then theres uniswap, 1inch, pancake and many more.

CEX is risky for KYC free deposit and withdrawal if op want to make transaction a smart amount. Because if the amount is large, MEXC may demand KYC. Although I have not received such a report yet, it is better not to take the risk if the amount is large and there is a problem with the KYC for op.

uniswap, 1inch, pancakeswap, Jupiter, SUN, STON.fi These DEXs are good for chains like eth, bsc, base, tron, ton but do you have any dex to swap Bitcoin to make a stable coin? I have never used any DEX for Bitcoin. So in this case CEX is needed. What could be this solution? i am also searching this like op

I had a few transactions with Mexc in the past and yeah they don't require KYC for tier 0/1 level but you'll have limited access to their services until you complete their KYC. With Non KYC account, you can only be allowed to trade little amount. You'll be compelled to do KYC if you want high transaction volume.

I think Uniswap offer BTC to USDT pairs but haven't really try it. As for pancake, it only allows BTCB (wrapped Bitcoin) to other pairs and not direct BTC to other pairs. How about trying other platforms like best change and the likes?

[AmoreJaz]

I have been looking for options to exchange one coin to another and so I want you guys' suggestions on which service is the best currently.
I came across instant swaps and would be looking to explore it if there's no other best way to do it.
I am looking to exchange BTC to stable coin and altcoin and vice versa without going through any KYC.

Okay in regards to what you're looking for that doesn't require you to go through KYC process I'll gladly recommend Dex, though a friend recommended this to me sometime ago and I had a seemless transactions but I don't use it on a basis cause if I tend to do an exchange to fiat i make use of the MEXC  but i think it's a good exchange system for BTC and Alt.

There are some limitations when you use DEX as most of them don't have direct conversion to btc but maybe wrapped BTC or others. MEXC has been in the trading world for so long, so yeah he can try it. Also, as far as I remember, there's this  BestChange that had been promoted also in this forum for long time. But once you deal with fiat, most of them will require KYC as part of their license. Also, for me, it is ok to submit KYC if you are not hiding anything, because like it or not, there will be a point that you need to convert it to your fiat so you can use it. So more than likely, you will need an exchange for that and most of them already have AML/KYC implemented as necessary to their business operations. Because most trading platforms dealing with fiat needs to undergo the requirements of their Central Bank, and which means, they need to implement the AML/KYC regulation.

[el kaka22]

Basically the "wrapped" version of those, for uniswap it's normal eth, but wrapped bitcoin, not real bitcoin, from what I know. In any case, it's still that you should do from the normal exchange it would make a lot better result for sure. We can't make that much more money from what we need to realize here. If we do that, then we can fix this and won't face any more issues. That is why if you want to trade, binance is still the best one because it still makes the most money and it is the most picked one.

I understand the desire for DEX, people see an appeal to it, but I do not because Binance is looking better and it's safe enough for me. That should be a lot better because it could be making a lot more money without a doubt.