Three years ago, Bitcoin reached record highs, and this year, it beat these records. The rally has been spectacular, and many experts claim that this is just the beginning. And it’s never too late to join crypto.
Many think that to own and trade crypto, you have to have extensive knowledge of crypto exchanges. But, there are a few places where you can exchange Bitcoin and other popular cryptocurrencies cheap, instant, and safe. So, if you are wondering where to exchange cryptocurrency in 2021? We are here to help you pick the best crypto exchange for you.
Changelly
Changelly has been around for a while and gathered some attention in the crypto community. The main offering of Changelly is the crypto-to-crypto exchange at a flat rate of 0.25%. Additionally, there is also a feature to buy cryptocurrency with fiat money on Changelly.
The exchange has a wide range of cryptocurrencies under its hood and claims to have over 2 million customers. Exchanging crypto on Changelly can be quite easy and one can begin the process by registering with an email. For the experienced traders, the platform recently launched Changelly Pro with all the bells and whistles necessary for trading.
Changelly already has a good community and we expect it to continue being one of the top crypto exchanges in 2021.
Pros:
- Easy to use;
- 24/7 customer support;
- Smartphone application for iOS and Android.
Cons:
- Requires an account to exchange;
- Takes a bit longer than instant;
- A bad reputation online for holding the funds of the users.
ChangeHero
Crypto does not have to be complicated and risky. ChangeHero can be a great contender for the best cryptocurrency exchange 2021 due to the safety and anonymity offered. The main advantage of ChangeHero is that the platform takes care of liquidity, orders, and rates for a low fee and ChangeHero often ranks well for its fee in the aggregator websites. Users never have to register or log in while using the service.
The swaps are made in a few easy steps but in any case, customer support is available 24/7. On top of this, the ChangeHero service is also integrated into Trezor Wallet, Exodus, and CoolWallet S and users can swap crypto within their wallets.
On ChangeHero, users can buy and sell dozens of cryptocurrencies with USD, EUR, and some local fiat currencies as well. With both crypto-to-crypto and fiat-to-crypto available, pretty much all the ground is covered for a start in crypto! It makes ChangeHero the best crypto exchange for beginners. More experienced users also enjoy the user experience, though.
Pros:
- Non-custodial;
- Anonymous transactions;
- Easy to use;
- 24/7 customer support.
Cons:
- Fiat purchases can be expensive;
- No mobile application.
ChangeNOW
Established in 2017, ChangeNOW is a recent addition to the best crypto exchange club. Users are offered crypto-to-crypto and fiat-to-crypto services on ChangeNOW without any prior registration. ChangeNow is available on multiple platforms such as website, Telegram bot, and smartphone application.
There is a huge collection of cryptocurrencies and tokens available for an exchange and ChangeNOW claims that there are no limits on the transaction amounts. Furthermore, ChangeNOW also has a token, NOW, but there’s no direct usage within the exchange.
In short, ChangeNOW offers users an easy and faster solution to exchange various cryptocurrencies.
Pros:
- 24/7 customer support;
- Anonymous transactions;
- Non-custodial;
- Easy to use.
Cons:
- Takes a bit longer than instant;
- No feature to sell cryptos;
- A few bad reviews in BestChange.
CoinSwitch
CoinSwitch can be called a cryptocurrency exchange aggregator instead of instant exchange. The service gathers the best rates in the market from various trading platforms and displays them in one place to the users. CoinSwitch supports a large number of assets for exchange and also for the purchase with a credit card.
Fees for the exchange range from 0% to 0.49%. Despite entering the industry during the crypto winter, CoinSwitch grabbed the attention of the community with its all-in-one-place approach. As a bonus, their website is filled with reading material for beginners to learn about crypto. CoinSwitch has the potential to be the best crypto exchange.
Pros:
- Supports a wide range of cryptocurrencies;
- Easy to use;
- Anonymous transactions.
Cons:
- Fiat purchase fees can be hefty.
Quickex
Quickex is a relatively new cryptocurrency exchange launched in 2018. The platform offers a simple and straightforward solution to exchanging cryptocurrencies. Users can anonymously exchange a bunch of cryptocurrencies on Quickex.
Also, Quickex enables its customers to purchase crypto with a credit card. They do offer an affiliate program and widgets. However, the major downside of Quickex is the availability of fewer cryptocurrencies for exchange and there’s no big community support or reviews.
Pros:
- Anonymous transactions;
- Non-custodial;
- Easy to use.
Cons:
- No feature to sell crypto;
- A recent entry and not popular;
- Irresponsive support.
24bestex
This is a little bit different from the list and yet a good one to swap cryptocurrency. 24bestex provides the users with a seamless experience in trading between cryptocurrencies and fiat money directly. On the platform, users can swap a bunch of cryptocurrencies. Additionally, there’s a support to E-wallets like Payeer and Perfect Money.
Though 25bestex appears to be a unique offering, the lack of clarity on the fees they charge can stop people from trusting the platform. Also, the UI of the platform appears to be clunky and not polished enough.
Pros:
- E-wallets support;
- Buying and selling of various cryptocurrencies.
Cons:
- Needs an account to exchange;
- Bad UI;
- No details mentioned about fees.
fox.exchange
If there’s a list of the best crypto exchanges for beginners, fox.exchange, stands in the top-10. This is mainly due to its no-nonsense approach to a cryptocurrency exchange. A user can simply visit the website or download the application and swap crypto.
fox.exchange provides anonymous transactions and doesn’t require registration or emails. The platform claims to be 30x faster than the other crypto exchanges, while this may not be completely true, it is considerably faster. On the downside, fox.exchange is not very well-known in the community and the platform lacks the purchase of crypto with fiat.
Pros:
- Anonymous transactions;
- Easy to use;
- Non-custodial.
Cons:
- No credit card purchases;
- Not very well-known in the community.
FixedFloat
The next in our list of best crypto exchanges, we have FixedFloat. Akin to other instant cryptocurrency exchanges, FixedFloat also offers anonymous and a quick means to swap cryptocurrencies. The differentiating factor here is the Lightning Network implementation of Bitcoin for super-fast transactions.
FixedFloat also offers Fixed Rates which helps the users to avoid volatility but it comes with a 1% fee, without counting the network fees. The platform supports only a few popular cryptocurrencies and lacks the purchase of crypto with a credit card feature. Despite this, FixedFloat can be the best cryptocurrency exchange in 2021 to swap your Bitcoin.
Pros:
- Lightning Network implementation for Bitcoin;
- Anonymous transactions;
- Non-custodial.
Cons:
- High fees;
- No credit card purchases;
- Supports few cryptocurrencies.
Evonax
Evonax is a non-custodial cryptocurrency exchange founded in 2016. The platform offers a dozen of cryptocurrencies to be exchanged instantly without the need for any registration. The exchange has a decent UI which is very suitable for beginners to swap without any hassles.
On the other hand, there’s no clear info about the commissions. Though the platform claims to be accepting PayPal for the purchase of crypto, during the testing there was no feature. Evonax is a cryptocurrency exchange that you wish to use if you are looking to swap only the top cryptos and don’t care much about the other features.
Pros:
- Easy to use;
- Anonymous transactions;
- Non-custodial.
Cons:
- No Fixed Rate;
- No clear info about fees;
- No credit card purchases;
- Supports few cryptocurrencies.
Key Takeaways
- Answering the question, where to exchange cryptocurrency in 2021 has become much easier now. Changelly, ChangeHero, CoinSwitch offer a complete set of features for the users and you can pick the one that suits you;
- FixedFloat stands apart from the rest due to the Lightning Network implementation, definitely keep an eye on that one;
- ChangeHero’s easy to use UI and rates make it the best crypto exchange for beginners;
- If you own a ton of different cryptocurrencies then CoinSwitch is the best place to go.
Conclusion
We reviewed the best instant cryptocurrency exchanges in 2020 so far. Going into 2021, they most certainly will keep their place at the top!
We hope this article helped you to pick the best crypto exchange for your needs.