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AirSwap.io

3.7 from 3 votes
Decentralized

Fees

Taker fee

0%

Maker fee

0%

Withdrawal fee

0

Funding methods

Wire transfer

Credit card

Other crypto

US investors permitted


AirSwap.io Review

A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of AirSwap.io consists of four parts: general information, fees, deposit methods and security.

General Information

AirSwap.io is yet another decentralized exchange. When you hear “AirSwap” in the cryptocurrency industry, it probably most often refers to the AirSwap-token. The AirSwap Token has a market cap of USD 14 million at the date of writing this review (18 October 2018) and its rank is 280.

But back to the AirSwap.io-exchange.

Decentralized exchanges are becoming increasingly more popular. They are definitely gaining market shares against their centralized counterparts. You have probably heard of at least one of the following exchanges that are all decentralized exchanges: Mercatox, EtherDelta, Bibox, Bitshares Asset Exchange, Waves DEX, Bancor Network, OpenLedger DEX, CryptoBridge DEX, Stellar DEX, OasisDEX, IDEX, Token Store, Bisq, Nxt Asset Exchange, Counterparty DEX, Burst Asset Exchange, OmniDEX, CryptoDerivatives, Coinpit, Fcoin Exchange, Barter DEX, DDEXSwitcheo Network, DEx.top, Ethermium. Right?

Decentralized exchanges do not require a third party to store your funds, instead, you are always directly in control of your coins and you conduct transactions directly with whoever wants to buy or sell your coins. Decentralized exchanges normally do not require you to give out personal information either. This makes it possible to create an account and right away be able to start trading. The servers of decentralized exchanges spread out across the globe leading to a lower risk of server downtime. However, decentralized exchanges as opposed to regular top crypto exchanges normally have an order book with lower liquidity than the regular top crypto exchanges.

We have no reason to believe that US-investors would be prohibited from trading at this exchange. Generally speaking, it is more difficult for decentralized exchanges to prohibit residents or citizens in/from certain countries. However, as always, any US-investors interested in trading here should form their own opinion on any issues arising from their citizenship or residency.

AirSwap.io Fees

AirSwap.io Trading fees

This exchange doesn’t charge any trading fees. This is unusually consumer-friendly.

AirSwap.io Withdrawal fees

If you were surprised when hearing that AirSwap.io doesn’t charge any trading fees, you might be equally surprised when hearing that they don’t charge any withdrawal fees either.

One might wonder, if they don’t charge any fees, then how do they make money? From our understanding, the sole source of income for AirSwap.io is the revenue made from increasing prices in the AirSwap-token. We have not seen or received any clear information as to whether this is true though.

Deposit Methods

AirSwap.io does not accept any deposits of fiat currency. This means that new cryptocurrency investors (i.e., investors without any previous holdings of cryptocurrencies) can’t trade here. In order to purchase your first cryptocurrencies, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency. Find one by using our Exchange Finder!

Security

AirSwap.io has an average security score. We run all the exchange-websites in Mozilla’s Observatory-test (https://observatory.mozilla.org/), and AirSwap.io received a C+ score. This is decent, but there is also room for improvement.

***

If you have concluded that this is the exchange for you, congratulations! Go for it. But if not, find the best cryptocurrency exchange site for you by using our revolutionary matching tool.

Good luck!

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