Is StealthEX Your Next Favourite Exchange?

tl;drWith outnumbered crypto exchanges out there, sometimes it gets confusing which one can be the best for you. We already know the basic categories of exchanges, i.e., CEX and DEX, but there are numerous details which make some more desirable than others. Here, I’ll review StealthEX, and we’ll see how it works, what are its best offers to the users, and if there are possible drawbacks. Don’t hesitate to scroll down, as it’s your step-to-step guide to learn all about StealthEX!
Is StealthEX Your Next Favourite Exchange?
Is StealthEX Your Next Favourite Exchange?
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What Is StealthEX?

Being a custody-free exchange for cryptocurrencies, StealthEX allows users to exchange more than 450 cryptocurrency assets. The coolest benefits of using StealthEX are 

  • exchanging limitlessly
  • using the platform without the need to register,
  • paying no extra fees, and
  • accessing a wide range of cryptocurrencies using fiat.

StealthEX focuses on three main characteristics, i.e., being user-friendly, private and limitless. Let’s see what each one means.

StealthEX Is User Friendly!

StealthEX is user-friendly thanks to its simple and minimalist user interface for the average user to enable seamless exchanging. The amazing thing is that all the swaps take only four steps, and if the users have any questions, they can easily contact the customer support team that’s available round the clock.

StealthEX Is Private!

StealthEX ensures privacy by enabling the users to use non-custodial exchanges. Non-custodial means the platform eliminates or limits counterparty risk. Non-custodial trading removes the need to deposit the coins at a CEX (Centralized Exchange). In simpler terms, your coins stay in your personal wallet, and you don’t need to trust the exchange platform with custody of your assets. The users are not required to store their funds on StealthEX as it provides a wallet-to-wallet transfer.

On top of that, the users can enjoy the platform without creating an account or disclosing any personal information.

StealthEX Is Limitless!

Limitless exchange means that StealthEX sets no upper limits for the exchanges, i.e., the users can exchange as much as they desire. However, there is a minimum amount, and the funds can’t be less than the network fees the users must pay.

How Does StealthEX Work?

StealthEX provides many of the main cryptocurrency exchanges. The system will find the best deal for you once you send the order in. Then, it conducts the swap. To exchange crypto using StealthEX, you need to follow four simple steps.

Enter Your Wallet Address

Enter your crypto wallet address to receive the funds. Be careful about entering the correct information because blockchain transactions are irreversible, i.e., when they’re gone, they’re gone! If needed, provide the Extra ID to send the transaction and click Next. The interface looks like the following image.

Enter Your Wallet Address in StealthEX
Enter Your Wallet Address in StealthEX

Send Your Deposit

In this spet, you need to send the deposit to the address provided for you. You need to ensure that the sum of money on the screen is exactly the same as the amount you send. Upon receiving your deposit, the swap will be continued. You can see an image of this step in the following.

Send The Deposit in StealthEX
Send The Deposit in StealthEX

Receive The Coin

After receiving the deposit, the StealthEX algorithm will search for the best exchange rate and perform the swap. As soon as the process finishes, the fund will be transferred to the provided address. As easy as it sounds! The following is what you’ll see on StealthEX at this stage.

Recive Your Coins in StealthEX
Recive Your Coins in StealthEX

Pick The Exchange

Using the drop-down list, select the currencies you want to swap and specify the exchange amount. The estimated receiving sum will appear in the field on the right. This amount is a round figure; in case you need a precise sum, click on the fixed rate swaps. Then, select Start Exchange to continue.

How Much Is The Fee on StealthEX?

It’s no secret that every exchange costs some fee to register the transaction on the blockchain. The fees on StealthEX depend on the coin pairs you choose. The positive effect StealthEX adds here is calculating the fees prior to executing the transaction, so the users know in advance and decide accordingly.

Is StealthEX Trustable?

The reviews produced by the StealthEX users indicate that the platform strives to offer seamless transactions in a simple and user-friendly way. One of the highlights of the review is that swaps won’t get lost or sent to the wrong wallets. Since the exchanges are instant, the users won’t need to store funds on the platform, so it is fully trustless. You can check more reviews on TrustPilot.

Final Remarks

Here we are with another review from Cryptologi.st. The main objective we pursue here is to streamline investing for beginners and expert traders and investors. To this aim, we review various projects, provide crypto education that is easy to digest, offer a free Screening tool and Watchlist for those who wish to monitor different projects, and keep our readers updated with the latest news from the crypto sphere. Stay tuned and make confident investment decisions!

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