Previously three years, centralized cryptocurrency exchanges (CEX) have surrendered over 500,000 bitcoins (BTC) as extra customers select self-custody. Information from CryptoQuant reveals that
withdrawals surged to 380,000 BTC after FTX’s chapter. Since then, BTC holdings on CEXs have been steadily declining even regardless of occasional upticks. As of as we speak, the BTC reserve on exchanges is beneath 2.8 million, down by 15% in comparison with the three.3 million recorded in November 2022.
Crypto fanatics more and more want to have full management over their holdings and sidestep the dangers normally related to CEX vulnerabilities reminiscent of hacks, insolvencies, and regulatory crackdowns. Because of this non-custodial crypto exchanges, significantly these with clear safety data, a plethora of supported property, intuitive designs, and quite a few trade partnerships, are gaining traction. And right here, StealthEX comes into play as a platform that prioritizes person autonomy, privateness, and comfort, residing up to its slogan, “Your privacy is our top concern.”
StealthEX Trade
Launch date: 2018
Web site: stealthex.io/
Reported hacks: no
Supported cash: Bitcoin, Ethereum, Monero, TRX, Litecoin, Solana, Tether, Sprint, USD Coin, Zcash, Stellar, and different 1500+ tokens
Straightforward for learners: sure
What’s StealthEX
StealthEX is an immediate, privacy-centric, wallet-to-wallet crypto change. It has over 1,500 cryptocurrencies in its buying and selling portfolio and provides an in depth choice of buying and selling pairs for crypto fanatics globally. The platform’s user-friendly interface and clear navigation additional improve its attractiveness for these keen to commerce with ease.
Per CEO Maria Carola, StealthEX was based to democratize entry to cryptocurrencies whereas nonetheless sustaining decentralization. The platform is well-liked because of its no-KYC transactions and non-custodial exchanges, together with cross-chain swaps. StealthEX’s cross-chain swaps don’t indicate bridging or some other advanced mechanics, so you possibly can change your digital property throughout a number of blockchains with no trouble.
Why Select StealthEX
First, StealthEX eliminates the registration course of and refrains from holding your funds in custody. On this manner it reduces hacking dangers and ensures you preserve management over your asset administration. Second, the platform additionally has no higher limits on exchanges. The one requirement is to cowl the community charges. Lastly, StealthEX facilitates fiat-to-crypto purchases by way of third-party companions.
Professionals
- Considerate UI and optimistic UX
- Assist for over 1,500 cryptocurrencies and 900,000 buying and selling pairs
- A number of fiat-to-crypto buy suppliers
- Non-custodial service
- No registration
- No necessary KYC verification, apart from fiat-to-crypto transactions exceeding $700
- Large community of strategic companions
- Instructional assets and affiliate instruments
- Robust status and a excessive stage of buyer help satisfaction
Cons
- No superior buying and selling options, reminiscent of charting instruments, order varieties, and leverage choices
- Dependence on the efficiency of exterior blockchain networks, with intervals of excessive congestion inflicting delays in transactions
Privateness, Registration, and KYC Verification
StealthEX strives to deal with regulatory hurdles whereas adhering to the concept of freedom that cryptocurrency brings. It doesn’t require registration and intrusive KYC processes, reminiscent of ID, face, doc, and biometric verifications, for all crypto-to-crypto transactions. StealthEX additionally streamlines fiat-to-crypto swaps, making crypto purchases beneath $700 (or the equal of this quantity in different currencies) KYC-free.
Nevertheless, word that KYC and AML procedures should still be enforced if a person’s pockets is blacklisted by liquidity suppliers or StealthEX’s danger prevention system detects suspicious actions.
Safety
StealthEX doesn’t retailer person funds on its platform and transfers them straight between wallets, thus minimizing safety breaches. Its custody-free mannequin safeguards customers from third-party intrusions and ensures that they’ve sole possession of their property. StealthEX’s dedication to buyer security and management has resulted in a file with none reported incidents of asset theft or hacking.
Supported Cryptocurrencies
StealthEX incessantly integrates new tokens to its already supported 1,500 cryptocurrencies. To this point, the platform encompasses over 900,000 buying and selling pairs, together with SOL to ETH, BTC to ETH, ETH to BNB, and BTC to XMR. StealthEX’s cross-chain swap capabilities are limitless, so you possibly can change as many cash as you need.
Maria Carola famous that ETH and stablecoins are significantly well-liked for exchanges and cross-chain swaps on StealthEX. She additionally noticed the sustainable demand for BTC and privateness cash like XMR and ZEC.
Switch Strategies
StealthEX empowers customers to buy digital property straight with fiat currencies, together with the US Greenback (USD), Euro (EUR), Pound Sterling (GBP), Ghanaian Cedi (GHS), Mexican Peso (MXN), Vietnamese Dong (VND), Brazilian Actual (BRL), and extra.
With StealthEX, you possibly can simply purchase cryptocurrencies by selecting your favourite cost methodology:
- Visa,
- Mastercard,
- Google Pay,
- or Apple Pay.
Ease of Use
Customers can entry StealthEX by way of a simple web-based software. Due to its intuitive interface, the platform makes the buying and selling course of as straightforward as attainable and ensures that even crypto newbies can embark with confidence. As well as, StealthEX allows Android customers to have interaction in swapping on the go by way of a cell app. An iOS app is at the moment within the pipeline.
Trade Charges
StealthEX’s integration with a number of liquidity suppliers, together with main CEXs and DEXs, ensures aggressive costs and charges. Customers can choose between floating and glued change charges primarily based on their methods and danger appetites.
By default, transactions make the most of a floating change fee, which adjusts in accordance with real-time crypto price dynamics. A hard and fast change fee choice protects those that prioritize stability in risky crypto markets in opposition to sudden fluctuations. Whatever the chosen fee kind, StealthEX shows a transparent estimate earlier than you provoke a transaction, making certain a clear and knowledgeable expertise.
Instructional Supplies
Whether or not you’re simply beginning out or already an previous professional, StealthEX’s weblog is filled with professional insights and actionable ideas that will help you stage up your buying and selling expertise, maintain up with the newest trade information, and highlight hidden crypto gems.
For learners, StealthEX’s weblog posts clarify advanced ideas in plain phrases and reply elementary questions like “how to invest in cryptocurrency,” “how to choose a crypto wallet,” and “what are crypto ETFs?” Seasoned traders will discover be capable to profit from the crew’s in-depth predictions on coin price actions and future market traits.
Affiliate Program and Instruments
StealthEX’s associates program permits everybody, be they content material creators, internet builders, or crypto fanatics, to monetize their on-line presence. It provides easy-to-integrate affiliate instruments for maximized earnings, particularly:
- Public API, designed to assist incorporate StealthEX’s change providers into internet functions;
- Referral hyperlinks, offering a easy solution to generate passive earnings from every transaction made by referred customers;
- Trade widget that may be built-in right into a companion’s web site to supply guests a full-flow crypto change expertise with out ever leaving the web page;
- Buttons, enabling easy transactions in order that web site homeowners can flip every referral into revenue;
- Customizable banners, providing a visually interesting solution to promote StealthEX and earn crypto from each swap performed by guests.
Buyer Assist
StealthEX has a devoted help portal, which gathers a number of assist articles in a single place. Right here, customers will discover step-wise guides on how to deal with virtually any fundamental or advanced problem which will come up throughout the change course of. Additionally, these in search of customized help can submit detailed tickets to the help crew.
Customers persistently commend StealthEX’s help crew for his or her problem-solving expertise, as evidenced by their optimistic opinions. For instance, one person pressured, “Their [StealthEX] customer service is swift, professional, and ensures things get corrected as smoothly as can be.”
One other buyer highlighted the human involvement, stating, “Incredible response time from a company that doesn’t even ask you to create an account… Very few crypto platforms allow you to talk to a human, let alone have a human responding within hours.”
The crew’s apply of “keeping users in the loop” throughout problem decision and avoiding “ridiculous KYC nonsense” deserves consideration, too. Typically, it even prompts StealthEX clients to improve their preliminary scores in appreciation of the customized and environment friendly help they obtain.
Business Partnerships and Repute
Customers’ belief is bolstered by StealthEX’s steady strategic partnerships, together with a latest alliance with the privateness bridge protocol Secretblock and integration into the Telegram internet crypto pockets Bivreost. In June, PulseCoinList ranked the platform third amongst native bridges, DEXs, and immediate swap suppliers for buying PulseChain (PLS), which is a testomony to its aggressive edge out there.
Robust media partnerships reinforce StealthEX’s credibility. For example, the change crew often delivers information digests in collaboration with Crypto Every day, reaching almost 11 million readers, whereas Maria Carola emerges as a contributor to Bitcoin Journal, The Every day Hodl, and CoinChapter. Even crypto media giants like Cointelegraph attain out to her for professional insights on present market traits.
On the identical time, StealthEX acquired intensive press protection. It was featured in Benzinga, Coincodex, Coinpedia, CoinJournal, 99Bitcoins, NewsBTC, and different outstanding publications.
StealthEX prioritizes transparency and engagement, as mirrored in its social media exercise. It has over 43,000 followers on X and a rising Telegram group of greater than 5,000 members, the place Maria and her crew preserve direct dialogue with customers.
How StealthEX Works
Swapping cryptocurrencies on StealthEX includes simply 4 easy steps:
- Choose cryptocurrencies. Select the property you need to change from the drop-down checklist, enter the quantity, and examine the estimated quantity you’ll obtain. For a certain quantity, go for fixed-rate swaps. Click on “Start Exchange.”
- Enter the pockets tackle: Paste the pockets tackle for receiving the exchanged cryptocurrency. Make sure the tackle and any required Additional ID (e.g., Memo, Tag) are right. Click on “Next.”
- Ship deposit: Switch the deposit to the supplied tackle, matching the precise quantity displayed. StealthEX will course of your swap as soon as the deposit is acquired.
- Obtain cash: StealthEX completes the swap, sending the funds to your pockets.
Shopping for Crypto with Fiat on StealthEX
To purchase crypto with a credit score or debit card on StealthEX, observe this step-by-step information:
- Go to the “Buy Crypto” part on the StealthEX web site.
- Choose your fiat forex and desired cryptocurrency.
- Enter the fiat quantity to change and see the estimated cryptocurrency acquired.
- Click on “Start Exchange.”
- Select a most popular cost supplier, and share your crypto pockets tackle.
- Affirm all particulars, then proceed to the Affirmation web page.
- Click on “Next” to maneuver to the Trade web page.
- Settle for the Phrases of Service and proceed to the chosen cost supplier.
- Full id verification if required by the cost supplier.
As soon as the acquisition is accomplished, the cryptocurrency can be despatched to your pockets and you’re going to get an e mail with transaction particulars, together with fiat debited and crypto acquired.
Conclusion
In gentle of the numerous decline in crypto holdings on CEXs and the rising choice for self-custody, StealthEX’s dedication to a custody-free service aligns completely with market traits. With dozens of revered companions already signed up, it’s no shock the platform has been getting some severe media consideration recently. However StealthEX doesn’t cease there. The crew’s five-year plan is centered on fine-tuning companion instruments, including new property (each crypto and fiat varieties), and looping in additional liquidity suppliers to spherical out the service.