StealthEX Review 2023: Crypto Swapping, Fees & Features
Published 18 May, 2022 Updated 02 Feb, 2023
Table of Contents
- 1 Our Takeaways
- 2 What Is StealthEX?
- 3 StealthEX Pros & Cons
- 4 How Does StealthEX Work?
- 5 How Does StealthEX Compare?
- 6 Top StealthEX Features You Should Know
- 7 How To Convert Crypto On StealthEX
- 8 Is StealthEX Safe To Use?
- 9 How To Get Started With StealthEX
- 10 StealthEX Fees
- 11 Accepted Countries
- 12 Ease Of Use
- 13 Customer Support
- 14 StealthEX Mobile App
- 15 StealthEX Alternatives
- 16 Our Verdict
StealthEX is a non-custodial cryptocurrency platform that offers a rapid and reliable crypto conversion service. It is one of the more popular platforms to exchange tokens and is highly suitable for beginners.
Here’s what you need to know about buying and swapping cryptocurrencies on StealthEX.
Promotion: None available at this time
Trading Fees: 0.5% - 1.5% (estimated)
Available Cryptos: 400+
We work with partners that may result in MoreCrypto earning a small commission. Read our affiliate disclaimer for further information.
StealthEX provides a quick and reliable way for you to convert one digital currency into another without the hassle of creating an account verifying your identity. With over 400+ supported cryptocurrencies to exchange, StealthEX is the perfect option for altcoin traders who want to quickly balance out their portfolios. Crypto can be exchanged and near-instantly transferred to your external wallet.
Whilst a fiat gateway is provided to purchase crypto using Visa or MasterCard, the selection of purchasable crypto is limited to just 9 coins. Another downside is the lack of a mobile app, however, the website is mobile-friendly.
|Core Services||Crypto-to-crypto swapping|
|Available Cryptocurrencies||400+ to swap, 9 to buy with fiat|
|Fiat Currencies||USD, EUR, GBP, TL, UAH, KES, ZAR, GHS, TZS, MXN, VND, BRL|
|Crypto-To-Crypto Fees||Spread only|
What Is StealthEX?
StealthEX is a popular crypto swapping platform that doesn’t need you to create an account or verify your identity. The platform is integrated into some of the world’s best cryptocurrency trading exchanges to provide you with the optimal exchange rates for the assets you want to convert.
StealthEX supports 400+ coins and tokens, has no maximum limit to the amount of crypto you can swap and is beginner-friendly.
StealthEX Pros & Cons
- A vast list of over 400+ supported crypto that can be swapped.
- Simple crypto swapping and buying process that is beginner-friendly.
- Only 9 crypto can be bought with fiat currencies.
- No mobile app for iOS and Android devices.
How Does StealthEX Work?
StealthEX works similarly to a cryptocurrency broker. When you enter a crypto-to-crypto swap, the StealthEX algorithm will search its liquidity providers for the best exchange rate. For example, if you have Bitcoin (BTC) and you want to convert it into Ethereum (ETH), StealthEX will obtain and present a quote for that trade.
StealthEX’s liquidity partners are not stated on the website. However, they are likely to include some of the world’s largest cryptocurrency exchanges such as Binance, KuCoin, and FTX. These exchanges support a wide variety of digital assets and those that possess large trading volumes and liquidity on their trading pairs.
Since StealthEX is a non-custodial trading platform, you don’t need to create an account to conduct crypto-to-crypto swaps or to purchase crypto. Swapped or purchased crypto are sent straight to your external hardware wallet.
How Does StealthEX Compare?
This comparison table lists other top crypto swapping platforms like StealthEX that offer world-class features.
|Exchange||Assets||Trading Fees||Our Ratings||Learn More||Promotion|
|StealthEX||400+||0.5% - 1.5% (estimated)||3.9/5||Visit StealthEX StealthEX Review||None available at this time|
|Changelly||270+||0.25%||4.2/5||Visit Changelly Changelly Review||None available at this time|
|Exolix||494+||Spread only||4.2/5||Visit Exolix Exolix Review||None available at this time|
|ChangeNOW||380+||0.5% - 1.2% (estimated)||3.8/5||Visit ChangeNOW ChangeNOW Review||None available at this time|
Top StealthEX Features You Should Know
No Registration, No Identity Verification
If you’re only using StealthEX to swap one crypto for another crypto, then you can do so discretely and anonymously. You don’t have to go through the trouble of creating an account and submitting personal information to verify your identity.
The secure and anonymous nature will appeal to altcoin traders who want to quickly balance out their portfolio without having to create an account and verify their ID through an exchange.
Over 400+ Supported Cryptocurrencies
Any crypto swapping platform worth it’s salt should be able to offer you a substantial list of supported cryptocurrencies. StealthEX supports over 400 digital assets that can be swapped for another crypto. The most popular cryptocurrencies swapped on the platform include Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Monero (XMR), Tron (TRX), and Stellar (XLM).
Compared to other popular cryptocurrency exchanging platforms such as Changelly (212) and ChangeNOW (380+), StealthEX comes out on top. Only Exolix (524) has more selection available.
The downside to StealthEX is that there are only 9 supported cryptocurrencies (BTC, ETH, TRX, ALGO, BAT, BUSD, BCH, DAI) that can be bought with fiat currencies. A better option would be to purchase cryptocurrencies from a reliable crypto exchange and use StealthEX solely for swapping purposes.
Fixed Rates To Mitigate Against Price Fluctuations
When you complete a crypto swap, the amount of crypto received might differ from the quoted amount. This is due to fluctuations in the market price before the transaction is confirmed on the blockchain.
StealthEX solves this by allowing you to lock in the exchange rate for the selected trading pair. This feature safeguards you from sudden price changes.
No Maximum Swapping Limits
StealthEX does not have a maximum limit when it comes to swapping crypto-to-crypto transactions. This will appeal to those who want to exchange high amounts of cryptocurrencies quickly and anonymously.
Purchase Crypto Using A Credit/Debit Card
ChangeNOW has partnered with Mercuryo, a third-party payment service provider, to allow you to buy cryptocurrencies using Visa and MasterCard credit/debit cards. Crypto that can be purchased is limited to BTC, ETH, TRX, ALGO, BAT, BUSD, BCH, DAI, and USDT.
ChangeNOW supports 12 fiat currencies to buy crypto comprising USD, EUR, GBP, TL, UAH, KES, ZAR, GHS, TZS, MXN, VND, and BRL. Unfortunately, selling crypto to one of the supported fiat currencies is not currently an option.
Buying crypto using a credit/debit card on StealthEX can be achieved in 6 easy steps:
- Select the fiat currency and find the asset you want to buy on the ‘Buy’ tab.
- Enter the amount of fiat to spend and press the ‘Start Exchange’ button.
- Enter the address of the wallet where you want the crypto to be deposited.
- Click ‘Next’ and read and accept the terms of service.
- Once the terms are accepted the Mercuryo panel will open. For first-time users, complete the KYC process by providing a phone number, email, full name, and date of birth.
- Input your credit/debit card (Visa or MasterCard) details and confirm the transaction.
How To Convert Crypto On StealthEX
StealthEX provides you with a simple interface that allows for quick crypto swapping transactions to be made. As shown in the video above, crypto-to-crypto transactions can be completed in the following steps:
- Select the asset pair from the drop-down menus to swap and receive (e.g. BTC to ETH) and enter the amount to be swapped. ChangeNOW will automatically quote the amount of the returned asset (inclusive of trading and network fees).
- Provide your external wallet address.
- Review the transaction quotation details.
- Confirm the transaction and receive funds in your personal hardware wallet.
Is StealthEX Safe To Use?
StealthEX is a safe and secure platform to instantly exchange your crypto for other cryptos. It is non-custodial which means that it does not hold or store your crypto assets. Instead, digital assets that you receive from fiat purchases or exchanges are sent directly to your external wallet. If you are only swapping digital currencies on StealthEX, then you don’t need to submit personal information for KYC. This entirely mitigates the potential for identity fraud.
How To Get Started With StealthEX
Creating an account with StealthEX is not required. If swapping your crypto for another crypto is all you want to do then you don’t need to create an account or verify your identity via KYC.
However, if you use StealthEX to buy crypto with a credit/debit card then you will be prompted to satisfy KYC protocols and submit basic personal information such as a phone number, email, full name, and date of birth. To verify your ID, an international passport or driver’s license can be uploaded.
StealthEX does not charge any trading fees. Instead, for all crypto conversions, you will need to pay for the blockchain network fee plus any trading fees incurred by StealthEX’s liquidity partners.
Because it will take some time for the transaction to be confirmed on the blockchain, the amount of crypto you receive may slightly differ from the estimated amount. This is due to the volatile nature of crypto and their ever-changing price fluctuations.
StealthEX’s liquidity partners are not stated on the website. The platform is likely integrated with global crypto exchanges with high trading volumes and liquidity such as Binance, KuCoin, and Huobi Global. With the trading fees of these platforms in mind as well as spreads, we estimate that the cost to swap crypto on StealthEX ranges between 0.5% and 1.5% of the amount exchanged.
Creating a StealthEX account and verifying your identity is not required and crypto exchanging transactions can be completed anonymously. Because of this, StealthEX can be used in any country.
Ease Of Use
StealthEX is one of the easiest cryptocurrency platforms to exchange one digital asset for another. Essentially, the buying and swapping of crypto can be accessed and performed from the main page of the website. Each step of the buying and exchanging process is carefully presented in a simple and easy-to-understand fashion that will suit a wide range of users from beginners to serious altcoin traders.
Avenues to the StealthEX customer support team are limited to email or leave a message on the online contact form. Direct phone support and a live bot chat are not available.
There is a small number of Frequently Asked Questions (FAQs) that provide satisfactory answers to commonly experienced issues, however, it is not as exhaustive as other crypto swapping platforms such as ChangeNOW. Nevertheless, the information provided is concise and relevant.
StealthEX Mobile App
StealthEX does not offer an app for mobile iOS or Android devices. However, the website is optimized for mobile devices and you can easily access the crypto swapping and buying features.
StealthEX is a reliable and secure crypto swapping platform that allows you to quickly and discretely conduct crypto-to-crypto transactions with over 400 supported digital assets. However, it does have its downsides including a limited selection of crypto that can be obtained with fiat, no mobile app, and limited customer service methods.
Several platforms provide digital asset conversion services that would be great alternatives to StealthEX.
- Changelly – Changelly is a globally renowned digital asset swapping platform that is used to anonymously exchange crypto. Its swapping service is one of the best in the market given the low fees and corresponding higher returns. Over the years, Changelly has increased the number of services on offer including Changelly Pro which is a full-featured crypto exchange.
- Exolix – Exolix provides a similar crypto swapping service where transactions are quick and you remain anonymous. There are no trading fees (spreads only) and it offers a wider range of digital assets (over 500) compared to StealthEX.
- ChangeNOW – ChangeNOW has provided reliable crypto-to-crypto conversion services to over 1 million users worldwide. The platform is renowned for its customer service and support, however, it does carry high fees when you use fiat to buy crypto.
The key strength of StealthEX that will strike an appeal to altcoin traders is the vast list of supported assets. We did like the user interface that will suit beginner and advanced traders alike, but the speed and convenience of crypto swapping were top-notch.
Whilst the crypto swapping service is of premium quality that rivals other swapping platforms, the fiat gateway is limited and could be developed further. For example, the current list of 9 digital assets that can be bought using Visa or MasterCard is nowhere near other crypto swapping platforms. Adding in the ability for wire or bank transfers would be beneficial.
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