StealthEX.io is a popular non-custodial crypto exchange that provides a simple way for crypto users to buy, sell and exchange crypto assets. In this StealthEX crypto exchange review, we will discuss the exchange's features. The platform focuses on providing as much privacy as possible and hence does not require users to provide personal information to transact crypto assets.
StealthEx Crypto Exchange Review
This is a non-custodial exchange that gives traders a wide range of up to 400 plus crypto assets to choose from. As a platform that offers instant crypto exchange services with limitless swaps, StealthEX.io offers users the opportunity to purchase crypto assets with a credit/debit card.
Founded in 2018 and headquartered in George Town, located in the Cayman Islands, StealthEX is known for its robustness and great partnerships, simple UI, lots of features, and well-developed social presence. StealthEX does not have its native cryptocurrency.
If you transact fiat currency valued at more than 900 euros, StealthEX will require you to provide your “know your customer” (KYC) details, which include your personal information, to conclude transactions. The platform charges a network fee for every transaction.
What Cryptocurrencies Does StealthEX Support?
StealthEX supports more than 600 cryptocurrencies and fiat currencies, including
- Binance USD
- Bitcoin Cash
- Basic Attention Token
- Tether among many
- Stellar (XLM)
- Monero (XMR) and many more
You can check the full list of supported cryptocurrencies here.
As a non-custodial exchange, StealthEX does not provide wallets for its users. This means that you will need to create a wallet from any third-party providers before you make a trade. When choosing a wallet, ensure it’s compatible with the cryptocurrencies you’d want to transact.
StealthEX Payment Methods and Fees
StealthEX supports payments through Euros (EUR), Russian Rubbles (RUB), US Dollar (USD), and Great Britain Pound (GBP). You can do withdrawal via SEPA, SWIFT, Wire Transfer, and Domestic Transfers. Even though the crypto deposit is free, some cryptocurrency transactions will require an address setup fee.
The SEPA deposit is also free, hence helping people within the European Union and other SEPA countries to enjoy the service of charge. When you transfer money via bank wire, you will pay between $5 and $20 from within the US, and less than $10 from outside of the US.
StealthEX charges instant swapping fees, which include the network transaction fee along with other network fees that partners charge. The fee can vary depending on the chosen coin. It means that the costs are considered and worked on a case-to-case basis, and this way, the transaction fees charged by them are unique. As such, the platform will calculate the associated fees and display a rough estimate to a user in a transparent manner before any trade is executed or completed. As a user, you will expect around 0.4% as a fee rate for the executed trade.
How to Sign Up and Trade on StealthEX?
Visit stealthex.io and click Sign In. You will be given two options; to either sign in or sign up. Choose the “Sign Up” option.
Step 1: Enter your email address, a username, and a strong password on the signup form. This username cannot be changed so ensure you choose a username you want to use permanently on the platform.
Step 2: Confirm your password, and click the “Sign Up” button. Your account is now active and you can proceed to begin transacting.
Is StealthEX Safe?
As has been stated, StealthEX is a non-custodial exchange, hence does not store your crypto assets. Moreover, the security offered by the platform is according to strict industry standards. Once the user has deposited their funds, they directly receive their preferred currency to their wallet. At the time of writing this review, StealthEX has never suffered any security breach since its launch. Moreover, there is not a single report that a transaction was never completed after a user executed it.
StealthEX Pros and Cons
- Great for privacy seekers
- No registration or account verification is required to use the platform
- Full data protection with the latest security applications in the market today
- Wide range of cryptocurrencies supported (400+) across multiple exchanges
- Reasonable fees
- Offers to buy crypto via fiat currencies
- Intuitive and easy-to-use user interface (UI)
- Mobile app for Android Platform
- No KYC is needed unless transacting more than EUR 900 worth of crypto assets at once
- No trading limits
- Must already have a crypto wallet to use
- There are no loyalty bonuses or fee discounts for bulk transactions
- No additional features for advanced traders
- No mobile app to support traders
- Only offers credit/debit cards to execute trades for any purchase.
StealthEx may not be one of the oldest exchanges in the market, but its instant swap service is one of the best in the industry given the high degree of privacy and anonymity. Designed with no boundaries, StealthEX can be found in all countries around the world where crypto trading and exchange are legal. It’s by far one of the most convenient easy-to-use platforms to swap cryptocurrencies.