Trade over 50 pairs of cryptocurrency seamlessly, cheaply and without long registration processes on an instant crypto swap platform.
Over the past few months, the cryptocurrency field has seen an increase in new investors in the field – both institutional and retail – as we head into Bitcoin’s third halving. As the field grows, centralized exchanges are increasing compliance measures and Know-Your-Customer details the platforms scaring off some of the users who need to trade anonymously.
Furthermore, some customers only need to make quick crypto exchanges without the need to go through the tiresome process of registration on centralized exchanges. Coin24 app is a crypto exchange that offers such users a platform to trade ‘anonymously’, instantly and securely without giving up an email address or creating an account across the multiple centralized crypto exchanges such as Binance, OKEx, Bitfinex, and Kraken.
The centralized exchange dilemma
Over the past few years, the crypto market has heavily been focused as a differentiation asset on investor’s portfolios. At the launch of Bitcoin a decade ago, the purpose of crypto was set to give users freedom on their assets over centralized authority or institutions. However, this has changed recently as centralized exchanges focus on regulatory compliance beating the purpose of cryptocurrencies.
Coin24 however allows the fast and instant exchange of these cryptocurrencies offering convenience and ease of use to the user. Users want these fast and instant features offered on exchanges but without the responsibility of giving up their details to the centralized exchange. Here’s where Coin 24 app comes in – to solve the centralized exchange dilemma.
As mentioned before, Coin 24 will allow users to enjoy both sides of the trade on a secure, private, and non-custodial exchange. Notwithstanding, the platform aims to allow over 50 crypto pairs to trade on the platform.
In the following sections we focus on the overview of the Coin24 app, the different types of crypto pairs to trade, exchanges supported,q and how to use the instant crypto swap platform.
Introduction to Coin24 app
What is Coin24 app?
Coin24 is an instant cryptocurrency swap platform that aggregates prices from top exchanges, gives the best trading prices, and connects traders to swap these cryptocurrencies seamlessly. The site also permits you to compare the fees on other exchanges to get the best price and to track how your order is executed in real-time. It has over 45,000 crypto pairs on its platform so far.
Coins supported on the exchange?
The swap platform trades over 50 cryptocurrencies on the platform including big-cap cryptos such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH) and Binance Coin (BNB); medium cap coins including Monero (XMR), Chainlink (LINK), Dash (DASH) and Tron (TRX); and even smaller cap coins such as Ziliqa (ZIL), Polymath (POLY), Qtum (QTUM).
Stable coins including Tether (USDT), USD Coin (USDC) and True USD (TUSD) are also offered on the exchange.
Exchanges supported on Coin24
The platform supports any wallet from exchanges trading any of the 50+ cryptocurrencies accepted on the platform.
How to use Coin 24 app
Once you have opened your account on Coin 24, these are the steps you can follow to make swap cryptocurrencies o the platform:
- Select the crypto pair you wish to swap e.g. Bitcoin and Litecoin pair (BTC/LTC).
- Enter the amount of BTC or LTC you want to exchange;
- Check the exchange rate on the tabs provided (shown above) and if satisfied, enter the receiving wallet address in the tab provided. This is the address where the BTC will be credited.
- The exchange also offers a recovery wallet address where the coins will be sent if it failed on the first address. Enter the refund address to recover your LTC back. Remember, sending coins to wrong wallet addresses will not be refunded.
- Confirm the addresses.
- Click on “Start Transaction”;
- An ETH deposit address and QR code will be generated by Coin24. Click start transaction.
- Send your LTC from your wallet;
- Wait for the transfer to be complete. Simple!
Why Coin24 app?
- Easy to use
Easily create your account and choose the preferred crypto you wish to trade, deposit, input your receiving address (make sure you countercheck), and instantly send your funds.
- Simple User Interface
Coin 24 exchange offers a very simplified interface for anyone to use whether a crypto expert or a new investor in the field. The platform does away with the complex trading UI employed on most exchanges offering a simplified one-click platform to swap crypto.
- Low trading fees
Coin 24 also charges relatively low fees on the crypto swap applying a fee of 0% – 0.49% for each trade made on the platform. The rate changes depending on the type of crypto swap and fees charged by respective centralized exchanges in the swap.
- Quick and secure
The non-custodial exchange ensures that it does not store any of the users’ funds preventing a huge loss of funds if hacked. This also ensures that the swap is quickly completed on the platform.
- 24-hours customer support
The Coin24 team also ensures the customers’ queries and problems on the platform are quickly solved with a 24-hour support team. The team provides quick, accurate support for all supported cryptocurrency exchanges and transactions.
Coin24 Affiliate program
The exchange also offers users an affiliate program for additional users invited on the platform. The platform offers 100% of the total commission to users. The payouts are done on a daily basis from 15:00 to 20:00 (UTC + 11:00).
Frequently asked questions (FAQs)
- Can the rates change during the transaction?
Unlike ordinary money, cryptocurrency prices are highly volatile, so the rate may fluctuate. It may happen that the altcoin exchange rate which you see before the transaction is different (high or low) after the transaction gets completed.
- Does Coin24 have a maximum amount to swap?
No. The exchange allows any amounts to swap but users will need to cover the cost of the transaction first, so if the amount is too small, it may not be completed. Moreover, some exchanges offer restrictions on the amount you can withdraw. This is not an issue from Coin24 but the specific exchanges.
- What is Blockchen?
Coin24’s Blockchen is a Bitcoin blockchain explorer allowing users to search for any transaction and wallet on Bitcoin.
Contact Coin 24
For more information on the Coin24 app and how you can gain maximum benefits from the affiliate program you can reach out at [email protected] or give them a call at +82 070-4647-3033. You can reach them on social media too on Facebook and Twitter.
I am an associate content producer for the news section of Coingape. I have previously worked as a freelancer for numerous sites and have covered a dynamic range of topics from sports, finance to economics and politics.