TL;DR
- StealthEX is a crypto swapping platform introduced in 2018.
- StealthEX offers traders with a huge variety of cryptocurrencies, fast transaction speed, a Telegram trade bot, etc.
- However, there are still some features that need to improve such as the limited payment and no mobile app.
Introduction
StealthEX is a rising crypto swapping platform launched in 2018. Thanks to the platform’s wide variety of cryptocurrencies, rapid transaction time and simple interface, crypto transactions have become much easier for everyone. However, there is still room for improvement for the platform.
In this article, we will take a deep dive into StealthEX and what the platform has to offer.
What is StealthEX?
StealthEX is an instant crypto platform registered in the Marshall Islands.
The platform was designed with the primary goal of streamlining the exchange process and eliminating the need for users to create an account, thereby avoiding unnecessary complications.
StealthEX’s unique selling point is its speed and simplicity, which makes it a great option for both new and seasoned traders.
StealthEX Review: Features and Functionality
Supported cryptocurrencies
StealthEX supports more than 750 cryptocurrencies, including well-known ones like Bitcoin, Ethereum, Litecoin, and Ripple as well as obscure ones like Verge, Zilliqa, and Siacoin.
Users may instantly swap one cryptocurrency for another on StealthEX thanks to its vast selection of trading pairs.
Moreover, StealthEX also frequently introduces new coins and trading pairs in order to keep up with the quickly developing cryptocurrency industry.
Exchange rate and fees
StealthEX is a cost-effective choice for trading cryptocurrencies. You can anticipate paying a fee of about 0.4% per trade. Additionally, the platform does not impose any fees for deposits or withdrawals, which is a big advantage over conventional exchanges that frequently impose high fees for these transactions.
If you want to make several transactions without incurring high charges, the platform’s minimal fees make it a fantastic choice.
Transaction speed
The speed of transactions is one of the best features of StealthEX. Most transactions on the platform are completed within a few minutes. However, depending on the cryptocurrency being exchanged and the current level of network activity on the blockchain, the speed of cryptocurrency swaps can vary between 5 and 30 minutes.
The platform uses an automated trading system to match orders fast and effectively, guaranteeing that you receive the optimum exchange rate and transaction speed.
Telegram trading bot
StealthEX has a Telegram trading bot that very few crypto swap platforms offer.
You can exchange cryptocurrencies using StealthEX’s Telegram bot without ever leaving the messaging platform. The bot has the same capabilities as the platform’s web version.
To trade via Telegram, you only need to send the bot a message with the details, and it will walk you through every stage of the exchange process.
Integration into other exchanges
StealthEX’s trading system is incorporated with four other leading cryptocurrency exchanges, including Binance, Huobi, KuCoin, and HitBTC.
Since StealthEX uses an instant coin exchange model, there is no storage available for deposits. Instead, by analyzing rates across the four integrated exchanges, the platform quickly determines the most favorable exchange rates for users.
Furthermore, StealthEX offers cross-chain swaps without the need for bridging, speeding up and simplifying the exchange process for consumers.
Security
Security is a top priority for any cryptocurrency exchange, and so is StealthEX. Also, the platform is partnered with the cybersecurity company Hacken, which conducts regular security assessments to guarantee the platform’s security.
The platform’s non-custodial nature promises that users maintain control over their funds. Users’ valuables are never stored on the site, lowering the possibility of theft or hacking.
StealthEX Review: User experience
Ease of use
StealthEX is incredibly user-friendly and simple to use, even for beginners.
Unlike typical exchanges that need KYC (Know Your Customer) and AML (Anti-Money Laundering) authentication, StealthEX users are able to execute trades without providing any personal information.
Users who value privacy and anonymity can benefit greatly from the absence of an account creation requirement.
The platform also offers a detailed FAQ section to help users with any questions they may have.
Customer support
Any cryptocurrency exchange must have strong customer support, and StealthEX excels in this regard. The platform’s live chat feature offers customer support around-the-clock. Customers can immediately contact a support agent who can assist with any problems or questions.
You also benefit from rapid and professional customer assistance, which makes trading easy for users.
Feedback from users
The StealthEX platform has received overwhelmingly positive user feedback. Customers praise the platform’s ease of use, quick transaction times, and low fees. Many users value the platform’s non-custodial nature, which guarantees that they maintain ownership over their money.
StealthEX Review: Pros and Cons
Pros
StealthEX is an excellent choice if you are new to cryptocurrency and want to have as many options when it comes to trading and swapping as possible. Additionally, StealthEX provides rapid transaction speed, non-custodial nature and no KYC.
Cons
However, there are still some features that the platform should take into consideration. Some of the drawbacks are:
- No mobile app: The platform’s absence of a mobile app is one obvious drawback. You can only access StealthEX through a web browser, which might not be as convenient or user-friendly.
- Limited payment options: StealthEX’s limited payment options may be a drawback if you value greater flexibility. For one, the platform does not support fiat currencies, which may be inconvenient for users who want to purchase cryptocurrencies using traditional currencies.
Below is a summary of StealthEX’s pros and cons:
| Pros | Cons |
| – Support over 750 cryptocurrencies – Competitive exchange rates – Near-instant transaction speeds – Telegram trading bot – 24/7 customer support | – Limited payment options – Lack of mobile app |
Final thoughts
Overall, StealthEX is an excellent option for anyone looking for a fast and secure way to trade cryptocurrencies. The platform is a great option for both beginners and seasoned traders because of its simplicity, minimal costs, and quick transaction speed.
