Cryptocurrency exchanges have taken the Fin-tech sector by storm. Since 2017, many exchanges have arrived on to the crypto scene; a few succeeded while the rest crumbled. While large cryptocurrency exchanges like Coinbase and Binance have significant traction among users, smaller exchanges have also begun knocking on the doors of the crypto domain. We have sorted out for you three must-try crypto exchanges that might not necessarily boast of a large consumer base, but have an incredible appeal amongst their users. So check these out!
TradeSatoshi is one of the best smaller exchanges to try in today’s times when the bull runs have impacted big crypto exchanges. After it began in 2017, TradeSatoshi stood firm amid the infamous 2017 bull run, which was a testing period for every crypto exchange. The inability to handle sudden inflow led to many exchanges shutting down. Scams and hacks had become the industry norm. However, TradeSatoshi survived that storm and came out strong. It has an excellent user interface, and the users enjoy high security and ease-of-use.
With a loyal base of traders relying on its capabilities to fulfill their appetite for instant, transparent, and capable exchange, TradeSatoshi performs as an excellent platform for initial exchange offering listing. It has all the essential characteristics that the users would want in an exchange- continuous upgrades, unique UI, low intermediary fees, and adequate trading tools. TradeSatoshi works with its fantastic team of committed and dedicated employees to ensure that they meet all the necessary parameters and then push their boundaries by gradually introducing innovative features.
Bitladon was set up in 2017 to function as the liquidity provider for cryptocurrencies that were active in Europe and around the Netherlands. Bitladon didn’t take too long to gain momentum as it began gaining customers in hundreds and thousands. Its decision to allow Euro for deposits and withdrawals at an unmatched speed was the most crucial factor in its success. Also, it can boast of a massive portfolio as it deals in over 100 digital currencies. Bitladon scans and audits each of these currencies to ensure customer safety. What, however, strikes out the most is its ability to resolve disputes in relatively less time. The tollfree customer care number is always displayed on the home page, which helps anyone with a grievance to call them right away. That is something that lacks even among the must-try crypto exchanges.
3. SWFT Blockchain
SWFT Blockchain is one of the first crypto exchanges that act as a bridge between the sellers and the buyers on a decentralized, P2P blockchain platform. Thus, it eliminates the hassles caused because of the inclusion of an intermediary as it connects the sellers and buyers directly. Traditional exchanges require people to first register themselves, complete the KYC documentation process, deposit funds to some third-party intermediate, bear the counterparty risk, and ultimately start trade if all these conditions are fulfilled. However, all it takes is a click to execute a trade with SWFT Blockchain.
It is one of the best platforms for the upcoming initial exchange offering listing. After posting the swap requirement, it is just a matter of seconds before the blockchain finds a pair and credits the user’s wallet almost instantly. An average transaction time of 5.6 seconds makes SWFT Blockchain one of the fastest exchanges and sets a benchmark for all future P2P exchanges.
One can get a fair idea about a product or a brand by analyzing its fan base and customers. People often tend to prefer a brand that has a higher consumer base. But the truth is that there are mostly no long-term users and their preferences keep shifting. It means that returns hold greater significance than utility to the brand owners. However, products with established markets boating a dedicated set of long-term loyal customers always get more attention. The three must-try crypto exchanges mentioned above qualify in that category where owners concentrate on the long-term picture instead of short-term returns.