StealthEX Review: Is It Worth It?
StealthEX Review
In this StealthEX Review, we will be looking into all of OKX's features and assessing whether or not StealthEX is a good choice.
Background And History
StealthEX is a multinational brand with office locations around the world, the main headquarters is situated in Hermes Corporate Services Ltd., Fifth Floor, Zephyr House, 122 Mary Street, George Town, Grand Cayman KY1 1206.
StealthEX is a custody-free crypto exchange providing users with the opportunity to convert over 600 cryptocurrency assets, without having to register, and with no extra or hidden fees. You can also buy a vast range of cryptocurrencies using fiat currency.
All the swaps can be done in just four steps with the 24/7 customer support team always happy to answer any questions.
Security and Privacy
StealthEX does its best to provide users with seamless transactions supported by a simple and user-friendly interface. No swap can be lost or sent to the wrong wallet. Exchanges on StealthEX are free from sign-ups, private, and, most importantly, instant.
Instant exchanges do not require storing funds on the platform – StealthEX executes the swaps between crypto wallets.
At the moment, you can exchange cryptocurrencies without KYC (the verification procedure is needed in rare cases if your wallet is blacklisted by the liquidity providers) and you can freely buy cryptocurrencies without it if the total amount does not exceed €900. For this procedure, the customer will need to provide StealthEX with a high-quality photo of their ID, a verification selfie of them holding their ID and a written StealthEX sign, and proof of origin of funds.
Fees
If you want to list a coin on StealthEX there is no fee, furthermore, If you can’t find a particular coin on the exchange list and would like them to add it, you can get in touch with the team who will do their best to list it.
For every exchange, you have to pay the network transaction fee – this payment is needed to push the transaction into the blockchain. Besides, there might be trading fees on the liquidity provider’s side.
The fees vary depending on the currencies you have chosen and the amount to swap. StealthEX makes sure to calculate and include all the possible fees into the transaction estimate and present it to its users before they make an informed decision to exchange their crypto assets.
Also, keep in mind that StealthEX does not have a maximum exchange limit – you can swap as much as you want. However, there needs to be a minimum amount to make sure your transaction gets included in the blockchain and the swap is made. You can see the minimum amount while entering the number of coins you would like to exchange on the main page.
Tutorial
StealthEX works with multiple major cryptocurrency exchanges. Once you send the order in, the algorithms find the best deal on the market and make a swap for you.
Let's take a look at how you can use StealthEX.
Exchanging on StealthEX
1 - Pick your exchange
Choose the currencies you would like to swap in the drop-down list and enter the exchange amount. You will see the estimated receiving sum in the field on your right. If you need to receive a precise sum, choose the fixed-rate swaps.
Click the Start Exchange button to continue.
2 - Enter the crypto wallet address
Paste the crypto wallet address you will use to receive the funds. Make sure the information is correct as blockchain transactions are irreversible. Some currencies require an Extra ID to send the transaction, make sure to provide it if needed. Click Next to proceed.
3 - Send the deposit
Send the deposit to the address StealthEX has generated for you. Make sure the sum on the screen matches the one you send. Once the deposit is received, your swap will be processed.
4 - Receive your coins
StealthEX's algorithm will find the best crypto exchange rate and perform a swap for you. Once this is done, you will receive exchanged funds to the provided address. If something goes wrong or you have questions, contact support via email or use the live chat on the website.
Buying on StealthEX
1 - Start buying crypto
You can also buy cryptocurrency with debit and credit cards on StealthEX. To do it, click on the Buy Crypto option and choose the crypto you would like to receive as well as the currency of your payment. Click START EXCHANGE to continue.
2 - Enter the crypto wallet address
Paste the crypto wallet address you will use to receive the funds. Make sure the information is correct as blockchain transactions are irreversible. Some currencies require an Extra ID to send the transaction, make sure to provide it if needed. Click Next to proceed.
3 - Buy crypto
The widget of your fiat purchase partner Mercuryo will pop up inside the StealthEX interface. If you get crypto with Mercuryo for the first time, you will need to verify your identity – you won’t need to do it afterward.
4 - Receive your coins
After your documents are verified, Mercuryo will process your order and send cryptocurrency to the provided address. If something goes wrong or you have questions, contact the provider through the live chat on the website.
StealthEX Pros & Cons
StealthEX: Pros
- Selection of over 600 cryptocurrencies
- Very fast exchange speeds
- Non-custodial platform
- Floated and fixed exchange rates
- User-friendly interface
- Private and secure option
- Fast and helpful customer support
- It has an intuitive mobile app
StealthEX: Cons
- KYC is required if your transaction exceeds €900
- Relatively new
StealthEX Review: Verdict
StealthEX is a relatively new platform based in the Cayman Islands, it's a non-custodial platform, and therefore a great option for those looking for privacy and anonymity.
It has a selection of over 600 cryptocurrencies and the number keeps on growing, if you'd like to keep up with new assets being listed on the platform, we suggest you follow them on Twitter.
The exchange speeds are very fast, and the interface is extremely easy to use, if you ever face any issues, customer support is usually prompt to reply via live chat.
On the downside, StealthEX doesn't have a mobile app, it hasn't been around for a very long time, and requires KYC for transactions that exceed €900.
If you would like to start using StealthEX, simply follow the link below!
Subscribe to our Free Newsletter
Lorem ipsum dolor sit amet, consectetur adipiscing elit
