Converting cryptocurrencies has never been easier. With Bitnovo, you can swap between all our available cryptocurrencies.
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A swap or exchange is a feature that allows you to trade one token or cryptocurrency for another without needing to go through a fiat currency in the process. This type of operation is particularly interesting when, for example, you want to keep your capital in cryptocurrencies but wish to avoid exposure to volatility during bearish trends. In such cases, you can exchange for stable cryptocurrencies pegged to a fiat currency.
Performing swap or exchange operations between cryptocurrencies has several advantages. For instance, since it's a direct exchange between cryptocurrencies and doesn't involve converting to fiat, these operations usually incur lower costs, as you avoid fees associated with converting to fiat and subsequently withdrawing funds to your chosen payment method. Keeping your capital in cryptocurrencies also helps avoid additional costs.
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Why people trust Bitnovo
Operating since 2015
Almost nine years of experience in the sector back us up, along with over 125,000 users and 175,000 accumulated downloads.
Low fees
We have one of the lowest fees in the market, we don't say it, you can check it yourself.
24/7 Customer support
A team ready to help you and resolve any queries 24 hours a day, every day of the week.
Frequently Asked Questions
The costs that Bitnovo applies are lower compared to a purchase or sale operation. However, costs for the end user may vary depending on the selected network and the fee paid when sending the cryptocurrency.
This answer is quite specific as it depends on the network used for the swap and the fee you're willing to pay for sending the cryptocurrency. Therefore, it varies in each case, but the average time is around 3 minutes.
Yes, each cryptocurrency has a set amount limit. However, if you wish to perform a swap for a higher amount, we can offer you OTC service.