Instant Crypto Exchanges, Explained

Understanding the benefits of instant crypto exchanges.

Developing an understanding of instant crypto exchanges will help you determine which solution best fits your needs.

Perhaps the most fundamental way, in which instant crypto exchanges differ from their more traditional exchange counterparts is the way funds are kept.

Instant crypto exchanges receive and deposit funds directly to your wallet, meaning you retain custody –– as opposed to custodial trading exchanges that hold your assets for you.

In 2019, we saw 12 exchange hacks, with stolen funds totaling over $290M. By using an instant crypto exchange, you can avoid the centralized exchange hack risk without having to constantly be shifting your funds on and off an exchange.

In contrast, many instant crypto exchanges allow you to exchange crypto-to-crypto trading pairs with only an email, mobile app or wallet address.

Instant crypto exchanges feel more like modern financial apps than trading terminals; they’re sleek, simple to use and highly intuitive.

For users looking to have an easy on-boarding and trading experience, instant crypto exchanges offer a much simpler alternative.

Instant crypto exchanges, on the other hand, aggregate prices and liquidity from multiple exchanges, meaning you get access to the best prices those multiple exchanges have to offer, with deeper liquidity and less risk of slippage.

Instant crypto exchanges also have a beneficial feature in trading execution: fixed or floating rates.