5 Reasons to Use Cross-Chain Swaps for Everyday Crypto Trading

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The digital cryptocurrency landscape has greatly expanded over the last 15 years. There are now hundreds of different individual blockchains, many of which operate in isolation from one another. If you want to exchange or move digital assets from one blockchain to another, relying on centralized platforms to bridge the gap can be quite a hassle. You will end up spending a lot of time and paying many fees before the transfers are finally completed. 

Cross-chain swaps are the solution to this problem. A non-custodial, cryptocurrency exchange service can facilitate instant cross-chain swaps by connecting you to several different centralized and decentralized exchanges. The service does not store customer funds, ensuring users have 100% control over their digital assets without an intermediary wasting time and money. 

Of course, if you only trade or exchange digital assets occasionally, then you may not care so much about saving time and money. On the other hand, if you are a daily crypto trader, you will want to take full advantage of cross-chain swaps to maximize the speed and cost savings of your trades. Let us explore why. 

Below are the five reasons to use cross-chain swaps for everyday crypto trading.

1) Seize the Best Market Rate Opportunities on Multiple Blockchains

You probably will not find many good trading opportunities if you are stuck on the same blockchain all the time. A good cross-chain swapping tool can help you discover better market-rate opportunities by scanning the most popular blockchains for the best prices.

New digital coins and tokens are released weekly. A cross-chain swapping tool will let you discover these new digital assets when they are new so that you can exchange them at higher prices. To execute an exchange, you select the two blockchains, two asset types, the asset amounts, and your wallet payout address. A current preview of the market exchange rate will show. If you accept the rate, click the “Exchange” button to swap the assets at that rate instantly. 

2) Lower Transaction Fees

Centralized exchanges are notorious for charging high transaction fees and other hidden fees on cryptocurrency and fiat exchanges. Cross-chain swaps have no hidden fees because all costs are built into the rate shown upfront. Converting funds has much lower transaction fees, enabling you to keep more of your digital assets after each exchange. There are no additional charges after the swap is over. You can expect total fee transparency before, during, and after each swap. 

3) Increased Privacy / No KYC Requirement

Cross-chain swaps initiate peer-to-peer transactions via smart contracts. Since there is no centralized intermediary overseeing transactions, there is much greater privacy and discretion. In fact, most transactions do not require KYC, which stands for “Know Your Customer” and is an identity verification system. 

Most centralized crypto exchanges enforce KYC verification measures to verify each customer’s identity to help prevent illegal activities, such as money laundering and fraud. Unfortunately, the process requires users to submit significant personal information, including their name, address, and a copy of their government-issued photo ID. 

4) Better Transaction Speed and Efficiency

Cross-chain swaps generally have incredibly low minimum transaction amount of $2. That should be a suitable transaction amount, whether you are a beginner or an experienced crypto trader. When you initiate the swap across blockchains, your transaction should take no more than 2 minutes to complete. Meanwhile, you will have access to real-time tracking to ensure the exchange proceeds smoothly. 

5) Global Availability

Cross-chain swapping is generally available worldwide, though some jurisdictions may prohibit it due to local regulations or sanctions. Users in most countries can exchange cryptocurrencies and fiat currencies through trusted partners such as Guardarian, Simplex, and Transak. They even allow you to buy cryptocurrencies using conventional payment methods, such as MasterCard, Visa, Apple Pay, Google Pay, and ACH.

The Top Crypto Exchanges

Which cryptocurrency exchanges should you use for your cross-chain swaps? Let us look at the top four exchanges below. 

1) ChangeNOW

ChangeNOW enables cross-chain swaps of more than 1,500 digital assets and 70+ fiat currencies across over 110 blockchains. You can seize opportunities on a variety of assets, such as meme tokens, AI coins, DeFi tokens, GameFi coins, LST coins, privacy coins, utility coins, RWA, and L1 and L2 tokens. 

Approximately 98% of all cross-chain swaps are completed at a better rate than estimated or with a deviation of less than 0.5%. Thanks to the incredible transaction speed, there’s little time for market rates to change by the time the swaps go through. For this reason, more than 50% of users see better returns from their exchanges than initially estimated. 

Only about 0.5% of transactions require KYC verification. If there is no suspicious activity, you should not need to go through this verification process. Then you can enjoy faster, easier cross-chain swaps while maintaining your privacy. ChangeNOW will not even store or track your user information either.

Despite the privacy and decentralized nature of cross-chain swapping, you are never alone in these transactions. ChangeNOW provides 24/7 customer support to help you resolve complex issues with your crypto asset exchanges and transactions. 

2) KuCoin

KuCoin is a relatively new crypto exchange more suited for beginners with little experience in trading digital assets. It may not offer the best technological sophistication, but its user interface is attractive, clear, and engaging. You will not have any problems finding the options and settings that you want to use. 

Users mainly love KuCoin because it does not charge deposit fees on popular cryptocurrencies. Unfortunately, the exchange does charge fees for withdrawals based on the type of cryptocurrency. Popular cryptocurrencies like Bitcoin and Ethereum will have higher withdrawal fees than stablecoins like USDT. 

The trading fees are low. For instance, spot trading charges a minimum 0.1% fee, and futures trading charges 0.02% and 0.06% for makers and takers; respectively. KuCoin even integrates third-party tools into its exchange and hosts frequent trading competitions amongst its users. 

3) Bybit

Bybit is a custodial crypto trading platform that was founded in 2018. It is attractive to experienced, high-performance crypto traders who appreciate an exchange with stronger speed and higher leverage than many other competitive exchanges. The daily derivative volume on the platform has already exceeded $23.4 billion in 2025. 

The primary advantage of using Bybit is for its super-fast trading experience. Traders in more than 120 countries can spot and derivatives trading, P2P crypto trading, and utilize passive income programs, such as crypto staking and lending. There is even support for conventional banking services for traders in Germany and other European countries. 

4) OKX

OKX is a highly acclaimed cross-chain decentralized finance portal with extensive growth and potential. Its all-in-one dashboard gives traders all the options they need to trade, farm, stake, swap, and more. You get the benefit of a centralized-style user interface with the benefit of a decentralized platform. It is no wonder why more than 50 million people are already using OKX.

The integrated OKX Wallet with Web3 Access enables single transaction cross-chain swaps on over 140 blockchains. There is even support to integrate more than 70 decentralized software apps and multichain NFT marketplaces. Users can earn passive income through mining, staking, and lending. 

Conclusion

Cross-chain swaps are ideal for everyday crypto trading. They deliver lower fees and more speed, efficiency, and privacy. Best of all, you will have complete control over your assets during each swap without a centralized intermediary overseeing the transaction.