Top 7 Instant Exchanges to Benefit the Most From the Next Bull Run

Despite the initial excitement of the 2024 crypto bull market dissipating, and the subsequent drop in Bitcoin's value to $51,700, indicators suggest that a new bullish wave is on the horizon. With the US elections fast approaching and Trump's pro-crypto stance potentially impacting the market, it's crucial to prepare for the next bull run phase. 

Also, CoinMarketCap's fear and greed index, is currently hovering around 37. This reading might be hinting at a potential market bounce, as high levels of fear can point to oversold conditions that often precede a rebound. Could it be a bullish sign? Time will tell! 

So, if you're preparing for the next stage of the 2024 crypto bull run, here are 7 instant crypto exchanges that could give you a serious boost and some sweet perks along the way.

1. ChangeNOW

ChangeNOW is one of the high-upside non-custodial crypto exchange platforms that supports over 1,000 tokens. When it comes to diversity, ChangeNOW certainly doesn’t fall short, providing assets across hot sectors like meme coins, AI, RWA, DePIN, and privacy coins, plus, its integration with reliable wallets such as Trezor and Exodus just enhances user accessibility.

Users can swap tokens across multiple blockchains seamlessly, with most transactions completed in just 5 minutes. There’s no upper limit on swaps, and fees are transparent, giving users higher payouts. ChangeNOW is non-custodial, meaning users retain control over their funds. With no mandatory sign-up or KYC, ChangeNOW keeps things easy, though it has identity checks for suspicious activity and strong AML measures ensuring security.

For those wanting more, ChangeNOW Pro offers lower fees, cashback on every transaction, crypto loans, staking rewards, and off-chain swaps. Other products in the ChangeNOW ecosystem include mobile exchange, NOW Wallet, NOWPayments, and NOW Tracker, just to name a few. 

Pros

• No sign-up and identity verification required

• Fast exchanges with no upper limits

• Easy crypto purchases with 60+ fiat currencies via Visa, MasterCard, and other popular payment methods

• Over 1,000 assets supported

• Apps for both desktop and mobile devices

Cons

• Registration is required to unlock certain extra functionalities

1. StealthEX

StealthEX is another non-custodial crypto exchange offering over 1,500 cryptocurrencies and a variety of trading pairs, available through its web platform and mobile app. StealthEX also lets you do cross-chain swaps without having to register. Plus, you can pick either fixed or floating exchange rates, depending on what you prefer. They've got connections with a bunch of liquidity providers, so you can score competitive rates, which can be really handy when the market is going wild.

In addition to crypto swaps, StealthEX enables users to buy cryptocurrency with fiat, with no KYC required for cumulative purchases under $700. While the platform is often recognized for its ease of use and responsive customer support, one limitation is the absence of an iOS app, though the web version remains fully accessible and an iOS app is in development.

Pros

• 1,500 cryptos supported

• Transactions totaling less than $700 don’t require KYC

• Users can choose between fixed or floating exchange rates

Cons

• Lack of an iOS app

• KYC process required for larger fiat-to-crypto purchases

1. Swapzone

Swapzone is actually an aggregator platform that streamlines crypto exchanges by comparing rates, fees, and transaction times from various services in real time. Swapzone's user-friendly interface gets you swapping almost instantly, thanks to its straightforward selection process for choosing cryptocurrencies.

For instance, if a user wants to swap Bitcoin for Ethereum, Swapzone scans through numerous exchanges to present the best available options, saving users the effort of manually checking each platform and potentially reducing costs. Swapzone takes security seriously with strong encryption, two-factor authentication (2FA), and regular audits. With these measures in place, everything from data security to privacy is locked down tight, making sure that crypto exchanges are quick, smooth, and happen without any hiccups.

Pros

• Smooth and quick crypto exchanges

• Real-time comparison of exchange rates, fees, and transaction times

• Strong focus on security with encryption, 2FA, and regular audits

Cons

• Reliance on third-party services for comparison data and potential variability in performance

• Potential additional fees for the aggregation service

• Lower selection of assets when compared to some of its competitors

1. CoinEx

CoinEx is a straightforward and speedy way to exchange between two crypto assets with just a single click. The latest rates are calculated for each swap, and once confirmed, the transaction is automatically settled in a users' spot account – no need to fuss over orders or wait for execution.

Here’s how it works: a user starts by logging into CoinEx's website and heading to the Swap page. They pick the starting coin and the one they want to receive, or choose from popular swap options for a quicker process. Once they enter the amount they want to swap, CoinEx will handle the rest, showing them the details before they finalize. The minimum swap amount is around $1, but limits can vary by crypto. 

While there’s no daily cap on swaps, single transactions do have a maximum limit, and there are fees associated with swapping, which can be reduced with VIP discounts or CET deductions. CET, by the way, is CoinEX's native coin that lets you unlock discounts on transaction fees within the platform, making it a pretty neat feature for users.

Pros

• One-click exchanges

• Automatic settlement

• Real-time quotations

• No daily cap on the number of swaps

Cons

• There’s a maximum amount for each swap, which might be restrictive for large transactions

• Transactions incur slightly higher fees, though they can be lowered with discounts or CET tokens

1. Nexo

Nexo offers an easy and almost effortless way to buy, sell, and trade more than 70 digital assets, including the ability to trade perpetuals. With access to over 500 market pairs, Nexo provides a straightforward experience for swapping crypto at fair market rates. To sweeten the deal, Nexo offers a unique perk – up to 0.5% cashback on every transaction, so whether you’re casually exchanging or actively trading, this platform keeps the process simple and rewarding.

On the technical side, Nexo’s smart routing system ensures orders are optimized by tapping into multiple liquidity sources at once. This system automatically pulls the best rates from various exchanges and locks in prices for a smooth transaction without any surprises. This method Nexo applies takes the hassle out of exchanging crypto by ditching manual comparisons and shielding you from price fluctuations between order placement and completion. It's all about turbocharging your crypto exchanges with speed and simplicity – no more fuss, just efficient results.

Pros

• Locked-in prices

• 0.5% cashback on every transaction 

• Smart routing system taps into multiple liquidity providers to ensure the best rates and optimize transactions

Cons

• While 70 assets and 500+ market pairs are decent, some exchanges offer a wider variety

• Although cashback is available, the platform still has fees that can add up

1. Changelly

Changelly could also be a top pick for crypto exchanges when the market gets frenzied. Supporting over 500 cryptocurrencies like Bitcoin, it offers a quick and easy way to swap assets securely. Since it partners with more than 20 trading platforms, Changelly consistently finds the best market rates and makes transactions smooth and potentially more cost-effective. Most exchanges are completed in just 10 to 40 minutes, allowing users to take advantage of market opportunities without delay.

While the platform itself makes things easy, there’s a little bonus for those using the Changelly app – exclusive discounts and better rates on initial exchanges. Changelly puts security first by transferring funds straight to users' wallets and offering 24/7 live support – so they can swap with confidence, knowing their assets are safe and help's just a click away.

Pros

• Over 500 cryptos supported

• Partners with 20+ trading platforms, offering competitive rates

• 24/7 live support for personalized assistance

Cons

• Transaction times of 10-40 minutes may be considered slow compared to other instant exchanges on the list

1. Lykke

Lykke makes crypto exchanging easy and free by offering a platform where users can swap assets without paying commission. The platform also covers those pesky fiat deposit and withdrawal fees, security's top-notch too, with KYC and AML compliance ensuring exchanges performed are both smooth and secure. Swapping assets just got simpler, stress-free, and best of all, cost-efficient!

Lykke offers a smooth way to stay on top of balances and transaction history by keeping everything in one convenient spot. With over 20 cryptocurrencies available, including the more popular crypto-to-fiat pairs, it provides just enough options for users interested in tried-and-true exchange pairs. The best part is, this list keeps expanding, ensuring there's always a variety of options for those swapping assets.

Pros

• Users can exchange assets without paying any commission

• User-friendly interface on both desktop and mobile

• Convenient access to balances and transaction history

Cons

• Although the selection of exchange pairs is growing, some users might find the current range of over 20 cryptocurrencies too limited compared to other exchanges

• KYC and AML verification, though important for security, may potentially frustrate users seeking speed and convenience

Summary

As the next phase of the 2024 bull run approaches, having a platform that offers instant crypto exchanges becomes more important than ever. 

ChangeNOW stands out for its speed and efficiency, supporting over 1,000 tokens and ensuring swaps are completed in about 5 minutes. With no sign-up required and transparent fees, it’s a go-to choice for quick and secure trades. For those looking to maximize their experience, the platform’s range of assets and lack of upper limits on swaps are real benefits. 

While each platform on the list has its strengths, ChangeNOW shines as a top pick for the fastest and most flexible swaps.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.