However, it is preferable to pick the most rated and trusted one. Personally , I would rather use a decentralized exchange (such as Dexilon, PancakeSwap, Bisq and Uniswap) than CEX due to a lot of factors , DEXs don’t require KFC verification, also users are able to control their funds, plus there is no risk to get hacked and server gets down.
These are not instant exchange but you have a point. Much better to use a trusted option than using a lower fee/instant platform but the risk is much more higher. I would rather do the same, in fact i never used an instant exchange too but would prefer pancakeswap. 
Topic: What's highest amount instant exchanges can be trusted with? (Read 391 times)
Well, it depends on the exchange you’re using and to be honest, there is always a risk when you are involved with any crypto or trading platforms. However, it is preferable to pick the most rated and trusted one. Personally , I would rather use a decentralized exchange (such as Dexilon, PancakeSwap, Bisq and Uniswap) than CEX due to a lot of factors , DEXs don’t require KYC verification, also users are able to control their funds, plus there is no risk to get hacked and server gets down. Unfortunately, CEX exchanges are more famous and have further crypto users than DEX ones despite they have a plenty disadvantages.
I can say that it's better to do several small transactions rather than one big one, it ultimately depends on your personal preference and risk tolerance. For example, smaller transactions may be less risky, but they may also be less convenient and potentially more expensive due to transaction fees.
It's gonna give you some sweat for doing some huge transactions through instant swaps, I've never done that before and probably will never have the balls to do it. Like a couple of hundreds will do but up to more than $500 and to thousands, I'll just do it in the common exchanges that I've got good experiences.
In the other hand, larger transactions may carry more risk but can be more cost-effective and efficient in the long run.
Really differs and read what Loyce said about if it's with bigger transactions, it favors more the usual centralized exchanges for being cheaper. 
Well, you are right but I am not aware is there any existing instant swap exchange is in operation without KYC.
May be you are confusing instant exchanges with traditional cexes. There are plenty instant exchanges without kyc (only on doubtful transfers you might get asked for kyc). Myself have been using simpleswap since last couple years without kyc.
Thanks for the list buddy but in my opinion I won't trust such exchanges anything over 100 even if I am using it for a while.
Well, you are right but I am not aware is there any existing instant swap exchange is in operation without KYC.
May be you are confusing instant exchanges with traditional cexes. There are plenty instant exchanges without kyc (only on doubtful transfers you might get asked for kyc). Myself have been using simpleswap since last couple years without kyc.
legendary
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eXch.cx - Automatic crypto Swap Exchange.
I can say that it's better to do several small transactions rather than one big one, it ultimately depends on your personal preference and risk tolerance. For example, smaller transactions may be less risky, but they may also be less convenient and potentially more expensive due to transaction fees. In the other hand, larger transactions may carry more risk but can be more cost-effective and efficient in the long run.
How much is the transaction fees that someone will be complaining of them been too much. Among losing all your money or paying more transaction fees which one will you choose. Personally I still spilt my withdrawals after I have made sure there isn't any mistakes after I have crosscheck my receiving address to make sure I didn't copy the wrong address still I'll split my transaction into two. The first will be as a confirmation of the address been accurate then I'll make the larger withdrawal. Bitcoin withdraw fees on exchanges aren't that high and so are other altcoins.
The only altcoins that would had been a problem is Ethereum fees due to the congestion it usually has on their blockchain but looking at the withdrawal fees on some popular exchanges they're just above $3 for each withdrawal so what's their to pay these fees just to avoid losing all your funds. You can never be too careful as scammers are constantly developing new virus to attack our devices to divert the funds we're trying to withdraw.
I can say that it's better to do several small transactions rather than one big one, it ultimately depends on your personal preference and risk tolerance. For example, smaller transactions may be less risky, but they may also be less convenient and potentially more expensive due to transaction fees. In the other hand, larger transactions may carry more risk but can be more cost-effective and efficient in the long run.
Well, you are right but I am not aware is there any existing instant swap exchange is in operation without KYC. In the past we had and we can use them just from our wallet itself but since 2019 they become obsolete when every exchange made KYC as mandatory due to regulations of government.So anyone who wants to trade huge amount then only option is to choose the traditional spot trading method because where there is no risk for our funds but we need to compromise our privacy or can use Bisq like platform where you can find higher limits too but it totally depends on what currency your looking to convert.
For example in Bisq platform the volume is almost zero so I can't trade at all but for other currencies there I can find lot of offers.
I can say that it's better to do several small transactions rather than one big one, it ultimately depends on your personal preference and risk tolerance. For example, smaller transactions may be less risky, but they may also be less convenient and potentially more expensive due to transaction fees. In the other hand, larger transactions may carry more risk but can be more cost-effective and efficient in the long run.
Some exchanges may have a higher level of trustworthiness than others, but there's always some level of risk involved when using any platform.
Personally, I haven't swapped very large amounts on instant exchanges before, as I tend to prefer the added security of using a traditional exchange.
I think it really depends on your personal preference and risk tolerance. Splitting up larger transactions into smaller ones can definitely add an extra layer of security, but it can also be more time-consuming and inconvenient.
So, up to you to weigh the benefits and drawbacks and make the decision that feels right for you.
Personally, I haven't swapped very large amounts on instant exchanges before, as I tend to prefer the added security of using a traditional exchange.
I think it really depends on your personal preference and risk tolerance. Splitting up larger transactions into smaller ones can definitely add an extra layer of security, but it can also be more time-consuming and inconvenient.
So, up to you to weigh the benefits and drawbacks and make the decision that feels right for you.
Many exchanges may have a higher level of trustworthiness than others, but there is always some risk involved when using any platform.Personally, I haven't traded much on instant exchanges before, as I prefer the added security of using a traditional exchange. I think it really depends on your personal preference and risk tolerance. Breaking up larger transactions into smaller transactions can certainly add an extra layer of security, but it can also be more time-consuming and inconvenient.
So, it is up to you to weigh the pros and cons and make the decision that feels right for you.......
So, it is up to you to weigh the pros and cons and make the decision that feels right for you.......
LOL! Are you guys twins? Or are these two accounts owned by just a single person? Either way, these two posts are basically the same. It seems a text spinner is used to make them look different, or perhaps they are manually paraphrased. Whatever; surely it isn't just a coincidence that these two posts are similar.
Anyway, I've just made an instant swap with my Exodus mobile wallet. I feel a little more confident with it because it's a non-custodial wallet, albeit closed-source. Yeah, it's basically not an exchange, but if no-fuss swaps is all you need, it's probably better than depositing your money in an exchange.
Many exchanges may have a higher level of trustworthiness than others, but there is always some risk involved when using any platform.Personally, I haven't traded much on instant exchanges before, as I prefer the added security of using a traditional exchange. I think it really depends on your personal preference and risk tolerance. Breaking up larger transactions into smaller transactions can certainly add an extra layer of security, but it can also be more time-consuming and inconvenient.
So, it is up to you to weigh the pros and cons and make the decision that feels right for you.......
So, it is up to you to weigh the pros and cons and make the decision that feels right for you.......
May be 200$ - 500$ is the max trusted per one exchange case, if you have previous experience with this exchange. And yes - probably there can be scam exchanges too, so you can start exchange with 10$ - 15$.
Here - https://bitcointalksearch.org/topic/m.61931292, is fast, instant and no KYC BTC/30+ altcoins exchange with low fees - fixed 1% or float 0.5%.
Here - https://bitcointalksearch.org/topic/m.61931292, is fast, instant and no KYC BTC/30+ altcoins exchange with low fees - fixed 1% or float 0.5%.
Some exchanges may have a higher level of trustworthiness than others, but there's always some level of risk involved when using any platform.
Personally, I haven't swapped very large amounts on instant exchanges before, as I tend to prefer the added security of using a traditional exchange.
I think it really depends on your personal preference and risk tolerance. Splitting up larger transactions into smaller ones can definitely add an extra layer of security, but it can also be more time-consuming and inconvenient.
So, up to you to weigh the benefits and drawbacks and make the decision that feels right for you.
Personally, I haven't swapped very large amounts on instant exchanges before, as I tend to prefer the added security of using a traditional exchange.
I think it really depends on your personal preference and risk tolerance. Splitting up larger transactions into smaller ones can definitely add an extra layer of security, but it can also be more time-consuming and inconvenient.
So, up to you to weigh the benefits and drawbacks and make the decision that feels right for you.
based on this https://withdrawalfees.com/coins/bitcoin some "classic" exchanges are better
How can you say that's better without comparing the instant exchanges and including the exchange rate? "Classic" exchanges have 2 fees: one for exchanging and one for withdrawing. Instant exchanges don't make that distinction. - OKX: You can withdraw any amount (there is no minimum) and the withdrawal fee is $0.93
- Kraken: You can withdraw an amount higher than $11.62 and the withdrawal fee is $0.23
legendary
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What's highest amount have you swapped with them?
Not more than $200 if I can remember correctly. Personally, I just use the typical spot exchange like KuCoin as they currently don't enforce AML/KYC. Been using it for years now without submitting AML/KYC; but of course don't expect it to be like this forever.
Do they? I can't remember if they allow non-KYC members to trade. I have gone through their KYC to participate into their IEO. It was a great experience in the last bull. 
- OKX: You can withdraw any amount (there is no minimum) and the withdrawal fee is $0.93
According to the list, it's OKCoin (fiat exchange) that has a 0.93$ withdrawal fee on BTC and not OKX.
OKX has a 0.0002 BTC withdrawal fee (~4.50$ at the time of writing this) or is almost free when using the lightning network.
As a test: try to exchange 0.1 LTC from your wallet into Bitcoin in your wallet, and see which exchange gets you the most. Many "classic" exchanges won't even let you withdraw the Bitcoin because it's under their minimum amount to withdraw.
For large amounts, instant exchanges are usually more expensive than "classic" exchanges.
For large amounts, instant exchanges are usually more expensive than "classic" exchanges.
based on this https://withdrawalfees.com/coins/bitcoin some "classic" exchanges are better
- OKX: You can withdraw any amount (there is no minimum) and the withdrawal fee is $0.93
- Kraken: You can withdraw an amount higher than $11.62 and the withdrawal fee is $0.23
- if the amount is above $12 and you don't have a problem with KYC, it's hard to find a withdrawal fee cheaper than $0.23.
- if you don't want to verify identity, a withdrawal fee of $0.93 is good for any amount over $2, which I think most instant exchanges allow lower than $2.
The main reason is that usually you have to pay a higher price for a swap as compared if you just trade in on the centralized exchange with lot less fee.
Do you count withdrawal fees in this?As a test: try to exchange 0.1 LTC from your wallet into Bitcoin in your wallet, and see which exchange gets you the most. Many "classic" exchanges won't even let you withdraw the Bitcoin because it's under their minimum amount to withdraw.
For large amounts, instant exchanges are usually more expensive than "classic" exchanges.
I do not use the swap service unless and until the coin which i need to swap is not available on the exchanges to trade/swap.
The main reason is that usually you have to pay a higher price for a swap as compared if you just trade in on the centralized exchange with lot less fee.
The main reason is that usually you have to pay a higher price for a swap as compared if you just trade in on the centralized exchange with lot less fee.
Do you count withdrawal fees in this?
I like them for their no-fuss swaps but how far does their trustworthiness go? What's highest amount have you swapped with them?
Would you agree that it's better to do several small transactions rather than one big one? Giving up bit of convenience for safety of your assets?
Let me know your opinion and personal experience, if any.
Would you agree that it's better to do several small transactions rather than one big one? Giving up bit of convenience for safety of your assets?
Let me know your opinion and personal experience, if any.
I do not use the swap service unless and until the coin which i need to swap is not available on the exchanges to trade/swap.
The main reason is that usually you have to pay a higher price for a swap as compared if you just trade in on the centralized exchange with lot less fee.
Yeah, it's a hassle to make an account on an exchange, and the KYC stuff, but we all have accounts on the exchanges so better use them to swap and then move the funds out of the exchange instantly.
What's highest amount have you swapped with them?
Around $300. I think it was on SimpleSwap, when dealing with someone's Forkcoins that I couldn't exchange anywhere else.Quote
Would you agree that it's better to do several small transactions rather than one big one?
Yes. I always do that.Quote
Giving up bit of convenience for safety of your assets?
No. But there's a balance between the risk and total fees paid: making many small transactions means you end up with less.Trust works both ways: I once had an instant exchange that sent me my money before my deposit was confirmed. That was unexpected, but made the process faster: sending many small transactions and waiting for confirmations and receiving funds in return is quite time consuming.
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