F.A.Q.
About
What is Swapzone
Swapzone is an aggregator for instant crypto exchange deals. We search for available offers, sort them out by real-time rates, speed, and ratings to help you make the best and most profitable choice and swap instantly in just one interface. To learn more about our mission, approach and team, click here.
How does Swapzone aggregate offers
Swapzone works with a variety of exchange partners through APIs. We send in users’ inquiries and get the offers directly from the services performing the swaps.
Does Swapzone have any extra hidden fees
No, Swapzone does not have any hidden fees.
Do I need registration
No, all the features of Swapzone are available without registration and are free.
Why should I trust Swapzone
As a non-custodial service, Swapzone does not control your crypto assets or manage your funds. Neither do we require any personal information to perform an exchange.
Does Swapzone require KYC/AML
Swapzone itself has no KYC/AML procedures. However, some of our partner services may require passing them (please, pay attention to the ‘Please, Be Aware’ note on our landing page).
What are Swapzone’s Terms of Use and Privacy Policy
To read our Terms of Use, click here. To view our Privacy Policy, click here.
Where can I find Swapzone’s media kit and logos?
We’ve gathered all the relevant files and details on our Press page. If you have any questions or requests, feel free to contact us at [email protected].
Does Swapzone have a referral program?
Yes, with your personal referral link you will be receiving profit from each exchange made through it. To find out more, please, contact us at [email protected] or [email protected].
How do I integrate my own instant exchange service into Swapzone
We have made a thorough instruction on how to start working with us. It is available right here. If you would like to get more information on partnering with us, do not hesitate to contact us at [email protected].
How to list a coin on Swapzone
To be listed on Swapzone, a coin should be available for exchange on one of our partnering exchange platforms. If it is, please, send us a request at [email protected].
How do I contact Swapzone
If you would like to get more information on partnering with us, reach out to us at [email protected]. For media inquiries, please, write to [email protected].
If you need any help, you can always contact our support team at [email protected].
Exchange
How does a cryptocurrency swap work
In general terms, a swap starts with choosing the crypto pair needed, the sum you would like to exchange and putting down the wallet address you would like to use to receive the funds. After this, the exchange order gets created – you will get the address to send the deposit in. Having sent the funds, all you need to do is wait for the transaction to be confirmed and the exchange provider to process your request. Once the provider sends the sum and the transaction gets confirmed, the swap is done.
How to make an exchange on Swapzone
You can read our Cryptocurrencies articles or watch our Youtube tutorials. If you still have any questions, feel free to contact us at [email protected].
How fast does Swapzone process exchanges
It usually takes our partner services from 5 to 30 minutes to process a transaction. However, there are several factors that may slow down the process (i.e. transaction volume, blockchain overload, updates on cryptocurrency or exchange platforms, etc.).
Can I cancel my exchange order
Unfortunately, no. Crypto exchange orders and transactions are irreversible and, therefore, cannot be canceled. Please, make sure to double-check all the details you enter when performing an exchange.
What is a transaction hash
Cryptocurrency transaction hashes are identifiers that help to find a particular transaction in the blockchain.
What is Swapzone Order ID
Order ID is a unique number created for each exchange which we can use to find your order in case you have any questions or problems.
What are floating rate exchanges and why may the sum received after the exchange differ from the one predicted
With floating rate exchanges, the final sum received after the exchange is completed may vary due to the crypto market fluctuations. It is possible to receive more or less crypto than the sum initially displayed by the service. Besides, some exchange services do not add transaction fees to the rate they calculate. If it is important for you to get a precise amount of crypto after the exchange, go for fixed rate exchanges.
What are fixed rate exchanges
Fixed rate exchanges guarantee you will get the sum calculated by the service at the beginning of your exchange after the transaction is executed. However, note that when performing a fixed rate swap, it’s necessary to send the deposit to the service during a limited time slot – usually from 10 to 40 minutes, depending on the provider’s terms.
What are minimum and maximum exchange limits
Most instant exchange services do not have maximum exchange limits for the swaps. However, the minimum limit is usually set to make sure your swap order amount covers the required network fees. It can vary from $10 to $50 but the good news is that some services managed to lower their limits to ~$2.
What is a wallet address
A wallet address is a unique and randomly generated combination of alphanumeric characters, somewhat similar to your bank account number. To exchange crypto on Swapzone, you need to use your existing wallet address or create a compatible wallet to get one.
What is a recipient’s address
A recipient’s address is a unique and randomly generated combination of alphanumeric characters and is an address to which the crypto you choose to buy will be transferred.
What are the extra transaction fields: Extra ID, Payment ID, Destination Tag, Memo and Message
These are special identifiers some cryptocurrencies have (i.e. Monero, Ethereum, TRON, or Binance Coin, etc.). They are important as they are used to distinguish transactions in the blockchain and deposit funds correctly. Do not ignore them — they are mandatory for receiving certain coins. Search for them in your wallet account.