Consolidating Crypto: The Unseen Power of Exchange Aggregators

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The use of cryptocurrencies is growing with each change in the time of year. This led to the emergence of specialized services that allow users to exchange digital coins for other coins or fiat money.

Similar to the traditional online exchangers of classical currencies, cryptocurrency services made it much easier to conduct difficult coin transactions. The conversion procedure has become faster and more convenient. However, until 2018, these resources were characterized by the provision of inflated rates.

Thus, it was not profitable to convert currencies through exchangers, so people had to return to using crypto exchanges to make transactions. Today’s situation has leveled off and services set rates for popular exchange pairs that differ from exchange rates by 1,2-3%.

How to Save Time and Money

Users who take care of their own time, which is taken when registering an account on crypto exchanges, can now use the necessary services of exchange sites with minimal losses. You need to understand the focus of online cryptocurrency exchange services on high profitability, so the rates exhibited are too high. To save time by looking for acceptable quotes, it is advisable to use the capabilities of special aggregator resources.

Crypto exchange aggregators such as SwapSpace collect the rates from many instant cryptocurrency swap services providing the opportunity to choose the most profitable option without searching on and comparing many websites. Such services offer a variety of cryptocurrencies for exchange, don’t set up extra fees, and don’t require any personal data from its customers.

The Best Cryptocurrency Exchange Aggregators

New projects regularly appear, but when choosing, it is important not to forget about the risks, to give preference to platforms with a well-known development team, and to pass a third-party audit. In this study, we select some of the popular crypto aggregators in 2023:

SwapSpace

SwapSpace – is an instant CEX/DEX cryptocurrency exchange aggregator. Offering more than 1,850 cryptocurrencies and 600,000 trading pairs with more than 22 cryptocurrency exchanges, SwapSpace saves users time by offering the best exchange offers in terms of rates and speed at no additional cost. In addition, it allows users to switch between a floating exchange rate and a fixed exchange rate.

To purchase the desired cryptocurrency you can use credit cards such as Mastercard and Visa. It also supports Google Pay and Apple Pay. SwapSpace’s global payment partner, Mercuryo, is contributing to this.

Its partners include Binance, KuCoin, Gate.io, ChangeNOW, Alfacash, 1inch, SWFT, FixFloat, Mercurio, and others.

  • Supported blockchains: Ethereum, Optimism, Arbitrum, Polygon, BNB Chain, Avalanche, Fantom, Binance Smart Chain, TRON, etc.
  • Native Token: no
  • Supported Wallets: Trezor, WalletConnect, SimpleHold

1inch

1inch is a decentralized instant token exchange protocol that optimizes trade paths for ERC-20 tokens, BEP-20, and other popular standards. 1inch offers a user-friendly interface and extended features like limit orders and P2P trading. The team regularly adds new liquid sites and networks.

The platform also offers partial fill for multi-route swaps, fusion mode for fast execution, front-running protection and routing presets, and more.

According to Messari, in the 3rd quarter of 2023, 1inch retained the status of the leading aggregator DEX (market share 50%, volumes over $20 billion).

  • Supported blockchains: Ethereum, Optimism, Arbitrum, Polygon, BNB Chain, Avalanche, Fantom, Gnosis, Klaytn, Aurora, zkSync Era, Base
  • Native Token: 1INCH
  • Supported Wallets: 1inch Wallet, Wallet Connect, Trust Wallet, Web3, Crypto.com Wallet, Coinbase Wallet, Ledger, Trezor, Coolwallet, MyEtherWallet, Binance Chain Wallet, Burrito, Blocto

Cow Swap

Cow Swap is the first trade interface built on top of the CoW protocol. Allows you to buy and sell tokens using gas-free orders that are distributed to your own customers and any other sources of liquidity. Transaction settlements can be made through basic AMMs directly or through aggregators, depending on which path offers the best price.

CoW Swap executes orders simultaneously without a glitch. Incubated by Gnosis, the protocol is designed by trustworthy engineers who are transparent and security compliant. Unlike some DEX Aggregators that charge for failed transactions, CoW Swap does not.

  • Supported blockchains: Ethereum, Görli, Gnosis
  • Native Token: COW
  • Wallets to Connect – Metamask, Wallet Connect, Coinbase Wallet, Ledger, Trezor, Trust Wallet, Ambire, Alpha, Keystone

Matcha

Matcha is a DEX aggregator based on 0x. Supports 8+ EVM-compatible chains, within which it provides the best prices for various tokens. Matcha provides a very simple and user-friendly interface that makes the trading process more understandable for new users.

One of the features of Matcha is the gasless trading: it allows users to trade tokens without incurring gas fees and the associated risks of MEV attacks and slippage. To do so, you can turn on the 0x Protocol (Gasless) option in Advanced Settings.

  • Supported blockchains: Ethereum, Optimism, Arbitrum, Polygon, BNB Chain, Avalanche, Fantom, Celo, Base
  • Native token: no, except for ZRX control token from 0x
  • Supported Wallets: Coinbase Wallet, Metamask, Phantom, Rabby, Wallet Connect, Trust Wallet

OpenOcean

OpenOcean aggregates liquidity from 185 liquidity sources, supporting a host of blockchains including Ethereum, BNB Chain and others. The protocol also offers a universal hub for crosschain exchange. For this purpose, two main bridges are integrated – Celer and Multichain. The OpenOcean routing algorithm combined with bridge support from partners provides the most competitive tariffs.

The platform has an in-house token OOE which can be used for the governance of the platform. Further, OOE can be used for liquidity mining.

  • Supported blockchains: Ethereum, BNB Chain, Solana, Polygon, Avalanche, Fantom, Optimism, Arbitrum, Base, Linea, Celo, OKTC, etc., 34 + total
  • Native Token: OOE
  • Supported Wallets: Metamask, Rabby, Safepal, Brave, Wallet Connect, etc.

To Sum Up

Cryptocurrency exchange aggregators are a convenient service that minimizes the time and money of users. They provide up-to-date data on the liquidity of many coins, while each aggregator has its own features and advantages. Of the general ones, can be named:

  • Decentralization and direct trade without intermediaries;
  • Full control of the users over their funds, since they are not stored on the exchange;
  • Best exchange rates;
  • High liquidity across a variety of trading pairs;
  • Access to a wide range of tokens, including those that are not on centralized exchanges;
  • You do not need to register and verify.

Carefully select platforms based on your needs and priorities and remain vigilant about safety and reliability at all times.

Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.

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