Exploring the Best Coin Swap Sites for Swapping Cryptocurrency

In today’s article, you can dive straight into our latest list of the top coin swap sites. This is where you can obtain core information about each leading crypto-swapping platform. Then, it’s up to you to explore these options by swapping cryptocurrency assets on each one and determining which site is the best according to your preferences.

However, according to most altcoin traders’ needs, one crypto swap stands out. So, we will take a closer look at this highly-ranked, crypto-swapping site. This is where you will find out that Moralis Money offers the swapping feature just as a cherry on top, unlike most other coin swap sites. After all, there are far more important steps you ought to cover before swapping cryptocurrency tokens. And, with Moralis Money, you can cover all those steps in one place!

Nonetheless, we’ll also provide you with some useful tips on how to get going with Moralis Money’s features. As such, you’ll have a chance to learn how to use this pinnacle among the coin swap sites to make money when swapping crypto coins.  

List of the Top Coin Swap Sites

First of all, you need to remember that there are many coin swap sites you can use these days. They primarily come in the form of centralized exchanges (CEXs) and decentralized exchanges (DEXs). However, many aggregators also aid in the process by helping you find the best swap path by checking multiple DEXs. Plus, various Web3 websites and dapps embed the swap feature and, in turn, become coin swap sites themselves.

Since we believe in the power of decentralization, we won’t include CEX swaps in this article. However, it is worth pointing out that many leading CEXs (e.g., Binance, Coinbase, etc.) do offer quality and rather user-friendly swap features. But to use them, you need to give up control over your assets. Plus, you won’t find the best altcoin opportunities there. After all, by the time CEXs list altcoins, they’ve typically already increased in value by quite a lot.

As for the sites that incorporate swap features, there are simply too many of them out there for us to test them and determine which ones are trustworthy and which are not. Essentially, our list of top coin swap sites consists of DEXs and the ultimate blockchain analytics tool. So, here are the best coin swap sites in 2023:

• Uniswap – Best for the Ethereum chain – large selection of tokens with high liquidity.
• PancakeSwap – Best for BNB Chain.
• Curve Finance – Best for utilizing stablecoins and entering liquidity pools.
• dYdX – Best decentralized swap for leverage trading.
• Moralis Money – Best crypto swapping site overall.

Uniswap

With its status as one of the top crypto swap exchanges, Uniswap stands out as a remarkable platform. Serving as the largest and first-ever decentralized exchange globally, it enables more than $1.4 trillion in cryptocurrency trades. The integration with various blockchain networks facilitates cross-chain swaps while supporting ERC-20 tokens.

Operating without the need for KYC and employing smart contracts for secure trading, Uniswap provides users with the opportunity to earn through liquidity provision and a user-friendly interface. Thanks to its decentralized nature, Uniswap effectively mitigates hacking risks and permits the listing of tokens free of charge. The latest version, v3 (as of now), offers streamlined token swaps and liquidity mining. Overall, Uniswap emerges as a premier decentralized exchange platform with the widest array of tokens.

PancakeSwap

Serving as a reputable decentralized exchange (DEX) on BNB Smart Chain (BSC), PancakeSwap presents an entranceway to effortlessly engage in seamless token trading. Through PancakeSwap, traders can experience the advantage of relatively small 0.25% fees. Plus, the gas fees on the BSC network are also pretty low. Moreover, users can effortlessly buy, sell, and trade tokens through a user-friendly interface.

PancakeSwap has established a community of over 1.4 million traders, with a remarkable locked-in value surpassing $2.5 billion. Furthermore, within this vibrant ecosystem, participants can embrace the appealing prospects of staking CAKE and earning APYs, reaching an impressive 43.5%. Additionally, the platform’s yield farming pools, such as the lucrative BNB/BUSD pool boasting an APY close to 30%, entice users to return for more.

Curve Finance

Curve Finance, also called Curve, is recognized for its emphasis on stablecoins and its ability to facilitate low-fee trading. It stands out as a decentralized finance platform that caters to the needs of various blockchain networks, enabling users to engage in token swaps and access liquidity pools.

Through its inventive strategy of encouraging users to actively participate in liquidity pools, Curve presents them with a chance to earn CRV, its native token. Additionally, it has integrated with the Dai savings rate (DSR), allowing users to accrue interest on their holdings of DAI.

However, Curve’s user interface may prove to be less intuitive for those who are new to the platform, which is a noteworthy drawback.

dYdX

dYdX sets itself apart by focusing on crypto derivatives and perpetual contracts. With leverage options of up to 20x, dYdX targets high-risk traders who thrive on bold opportunities. By offering a diverse selection of supported crypto, advanced charting tools, and the convenience of accessing the platform through both desktop and iOS app interfaces, dYdX ensures a seamless trading experience.

Its commitment to user satisfaction is evident in its commission-free trades for amounts under $100,000 within a 30-day timeframe. The exchange has also partnered with StarkWare to reduce gas fees and improve overall transaction efficiency. This strategic alliance benefits traders by optimizing their trading experience and minimizing costs.

dYdX is an excellent choice for experienced traders who value reliability and innovative features. Furthermore, its robust functionality and commitment to user empowerment make it a formidable competitor in the decentralized exchange space. It is important to note that, similar to Curve, dYdX caters to more experienced traders and may not be the most beginner-friendly crypto swap site.

Moralis Money

First of all, keep in mind that unlike the above four coin swap sites, which are all primarily crypto-swapping platforms, Moralis Money’s main focus revolves around real-time, on-chain data. So, its core nature classifies it as one of the top crypto monitoring tools and blockchain analytics tools. 

However, in July 2023, this powerful tool also introduced a user-friendly feature for swapping cryptocurrency assets. As such, it now allows you to cover all the steps involved in making money with altcoins:

1. Find the best altcoin opportunities.
2. DYOR on altcoins with potential.
3. Determine if now’s the right time to buy.
4. If so, buy/swap altcoins.
5. Keep an eye on your investments – tracking individual tokens’ metrics as well as your total portfolio (yes, Moralis Money is also a great crypto portfolio manager).
6. Sell your altcoins (swap them back into stablecoins) and pocket your profits.
7. Rinse and repeat!

It’s worth pointing out that Moralis Money’s swap feature utilizes the 1inch aggregator and, as a result, ensures you get the best price for your swap. So, user-friendliness, the best available prices, and the largest selection of crypto assets are three core advantages of the Moralis Money swap feature.

Which is the Best Crypto Swapping Site Overall?

Each of the above coin swap sites has its unique set of advantages. However, as pointed out in the intro, the fact that you can do all of the above-outlined steps within one tool makes Moralis Money the best crypto-swapping site. For more details on why Moralis Money is our top pick, see the following section.

What Makes Moralis Money the Best Crypto Swapping Site?

Again, unlike other crypto-swapping platforms, our top pick is far from just a token swap. In fact, to better understand the power of Moralis Money, let’s look at these tool’s core functionalities and features:

• Exploring Coins – By using preset filters or your unique combinations of search criteria, you get to generate dynamic lists of altcoins with potential. 

• The core feature that enables this functionality is Token Explorer. The latter essentially allows you to find the best altcoin opportunities early and, in turn, overcome FOMO. You get to do that on all leading chains (Ethereum, BNB Chain, Polygon, Fantom, Arbitrum, etc.) Moralis Money currently supports.

• Another important part of exploring coins functionality is the Token Shield feature. It performs security checks of the tokens that match your filter automatically when you run your strategies. In response, Token Shield gives every altcoin a security score that comes in a color-coded shield. That way, you can significantly lower the risk of entering scammy tokens!

• Thanks to the Token Alerts feature, you can run your winning strategies on autopilot. That way, you spot every new altcoin opportunity as soon as it appears without additional time investment. So, this feature saves you a ton of time and helps you overcome the lack-of-time challenge most of us face.

• The Moralis Money token pages allow you to research alts with potential, use real-time, on-chain data to get the timing right, and swap cryptocurrencies. These are also the places to create email alerts to keep an eye on specific tokens, save your favorite tokens, and rate altcoins.

• Moralis Money also enables you to become a member of one of the most advancing crypto degen communities.

• There are also Moralis Money Beans and other perks! Plus, this game-changing tool is shipping new features unlike any other before. 

How to Make Money When Swapping Cryptocurrency

Swapping coins is great; however, if you want to make money doing so, you need to successfully complete the aforementioned seven-step process. And since they are so important, it’s worth repeating them here:

1. Find the best altcoin opportunities.
2. Research altcoins with potential.
3. Determine if now’s the right time to buy.
4. If so, buy altcoins.
5. Keep an eye on your investments – tracking individual tokens’ metrics as well as your total portfolio.
6. Sell your altcoins.
7. Rinse and repeat!

While you actually make money with the sixth step, all other steps ensure that this is the case. After all, if you get the other steps wrong, you can also execute the sixth step at a loss.

Of course, you can also use any other of the above coin swap sites or other crypto-swapping platforms to cover steps four and six. 

As for the DYOR part, we highly encourage you to use as many reputable tools and platforms as you can get your hands on. In fact, you’ll find links to several of them on Moralis Money pages.

However, as for finding the best altcoin opportunities at any given moment and getting the timing right, Moralis Money is the ultimate way! After all, real-time, on-chain data, presented in an easy-to-understand way, is the key! 

And, for the ultimate edge, you want to access all the lower timeframes that are reserved for the Moralis Money Pro user.

Tips on How to Make Money with Moralis Money

So, you start by using Moralis Money’s primary function – spotting the best altcoin opportunities at any given moment. Using the Token Explorer feature, you can generate dynamic lists of altcoins with potential in just a couple of simple clicks.

You can use the preset filters:

Or, run unique strategies:

The tool uses real-time, on-chain data to determine the best cryptos according to your search parameters.

Once you find the best altcoin opportunities, you should always do your own research (DYOR) on those particular cryptocurrencies. This is where Moralis Money’s secondary function – Moralis Money token pages – enters the scene. And you get to access these pages by simply clicking on tokens’ names from within the dynamic lists:

Of course, you can also access tokens’ pages by using the search feature, where you can search by tokens’ names or contract addresses: 

All in all, Moralis Money token pages provide you with all the details you need to decide whether or not a token in question is a sound investment. 

And finally, by considering the token’s real-time, on-chain metrics on different timeframes and the token’s price, you determine if now is a good time to buy. Only then you use the Moralis Money swap feature: 

Exploring the Best Coin Swap Sites for Swapping Cryptocurrency – Summary

In today’s article, you learned that Uniswap, PancakeSwap, Curve, dYdX, and Moralis Money are the best coin swap sites. However, we pointed out that there are many other reputable places for swapping cryptocurrency assets. 

Among the aforementioned top crypto swapping platforms, Moralis Money is the best crypto-swapping site overall. Why? Well, primarily because it enables you to cover all of the steps involved in making money with alts in one place! As such, we made sure that you got properly acquainted with this ultimate on-chain tool. 

Nonetheless, we even shared some valuable tips on how to get going with Moralis Money’s core functionalities. So, make sure to take action on the above-provided tips. It’s your time to find those 50x-plus alts and swap them without breaking a sweat!