Threenvest > Decentralized exchange reviews

AirSwap Review 2024

Our veredict

AirSwap is a decentralized exchange (DEX) that excels in peer-to-peer trading of Ethereum-based tokens. Its non-custodial nature ensures that users retain full control of their funds, making it highly secure against hacking attempts. The platform leverages smart contracts to facilitate trades, thus eliminating the need for intermediaries and enhancing user privacy. AirSwap is particularly suited for users who prioritize security and privacy over convenience and those who are comfortable using cryptocurrency without fiat currency options. The exchange supports a wide range of ERC-20 tokens, providing ample trading opportunities.

However, AirSwap has its drawbacks. The lack of fiat support can be a significant limitation for beginners or users who prefer traditional currency transactions. Additionally, the platform’s customer support, while responsive, has received mixed feedback, especially concerning more complex issues. Despite these challenges, AirSwap’s commitment to security and its innovative use of blockchain technology make it a solid choice for experienced crypto traders looking for a decentralized trading solution.

Pros

No Trading Fees AirSwap does not charge any trading, deposit, or withdrawal fees, making it a cost-effective platform for frequent traders.
Peer-to-Peer Trading AirSwap facilitates direct peer-to-peer trading, enhancing privacy and reducing the need for intermediaries.
Strong Security Protocols With its non-custodial infrastructure and use of smart contracts, AirSwap ensures users retain full control of their funds, significantly reducing the risk of hacking.

Cons

3,2

Threenvest Score

Network

Ethereum

Fees

None

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To better understand our editorial guidelines and the investment methodology that supports our ratings, you can explore the information in our editorial policy.

Why choose AirSwap?

Choosing AirSwap as your go-to platform for cryptocurrency trading offers several compelling benefits. Firstly, AirSwap’s decentralized nature ensures enhanced security and privacy. Since it uses a non-custodial infrastructure, users retain full control over their funds, significantly reducing the risk of hacks and ensuring that transactions remain private. This makes AirSwap particularly attractive for those who prioritize security and confidentiality in their trading activities.

Additionally, AirSwap stands out due to its zero-fee trading structure. Unlike many exchanges that charge for transactions, deposits, or withdrawals, AirSwap offers a cost-effective solution by eliminating these fees. This feature makes it an excellent choice for frequent traders looking to maximize their profits without worrying about additional costs. The platform’s support for a wide range of ERC-20 tokens also provides traders with numerous options, ensuring they can find and trade various digital assets easily.

Moreover, AirSwap’s commitment to user experience is evident through its straightforward and intuitive interface, which caters to both beginners and seasoned traders. The platform’s reliance on smart contracts for executing trades ensures that transactions are not only secure but also efficient and transparent. This seamless integration of advanced blockchain technology with user-centric design makes AirSwap a robust and appealing choice for those looking to engage in decentralized trading.

Xavier Tarrasó

EIP and Cryptocurrency Investor

As an expert on our site, I highly recommend AirSwap for those seeking a secure and fee-free trading experience in the crypto space. Its decentralized nature ensures your funds remain under your control, greatly reducing the risk of hacks. The platform supports a wide variety of ERC-20 tokens, making it versatile for different trading needs. While it doesn’t support fiat currencies, its commitment to privacy and zero trading fees makes it a top choice for serious crypto traders.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

Alejandro Borja Fuentes

Economist | Cryptocurrency exchange analyst

The author of the review

Alejandro Borja is an accomplished economist with a distinguished career spanning various facets of the financial industry. His academic journey began with a degree in Economics, laying the foundation for his deep understanding of financial markets.

Over the years, Alejandro has honed his skills by working with some of the largest financial media outlets, analyzing and reporting on economic trends and investment opportunities. His expertise in financial analysis has made him a respected voice in the economic community.