Trading World Review: A non-custodial exchange focused on privacy, security, and ease of use

LetsExchange is an instant cryptocurrency trading service launched in early 2021. Therefore, it is a new addition to the long list of options when it comes to cryptocurrency exchanges. However, it targets a specific niche in the industry and offers a range of unique features that have helped the platform find its audience and grow steadily.
The platform focuses on user privacy, security and convenience. You do not need to register an account or go through any verification procedures to start exchanging cryptocurrencies. LetsExchange does not keep users' private keys and assets, and they use their own wallets to send and receive currencies. The service has no cap on the number or amount of exchanges. The transaction process is completely transparent: all transactions can be checked using a block explorer, and users can download receipts with transaction data.
Main Features
LetsExchange provides multiple benefits to its users to ensure safe and easy exchange. With no KYC or registration required, LetsExchange is a great option for those who prefer to exchange currencies privately. The non-custodial service rules out the possibility of crypto account hijacking and ensures a high level of security for user funds. LetsExchange uses multiple liquidity providers to enable fast swaps of hundreds of currencies and automatically selects the best available exchange rate for each exchange request. Now, let’s look at the features of LetsExchange in more detail:
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Instant exchange without mandatory registration. You don't need to register an account (although you can do so if you want) and there is no verification required. As long as the exchange rate is profitable, you can trade immediately without wasting time on registration or verification.
Supports most popular currencies. You can exchange over 260 currencies, providing an impressive selection of cryptocurrency trading options. LetsExchange regularly adds new coins and tokens to its range of supported cryptocurrencies.
There is no upper limit. The service does not limit the number of exchanges or the maximum amount of a single exchange. There are usually some lower limits though, and these are usually close to the equivalent of 0.002 BTC in your chosen currency. As LetsExchange explains, these limits are meant to prevent users from making losing trades when the amount of network fees is a portion of the total exchange amount. If you try to exchange an amount below the limit, the platform will notify you.

Security. LetsExchange does not store your funds. You deposit from your own wallet and receive the exchanged funds directly into your wallet. All transactions are conducted on the blockchain. You are the only one who manages and accesses your cryptocurrency. The platform employs advanced security measures such as protection against distributed denial of service (DDoS) attacks and SSL certificates to ensure maximum security and prevent any interception of information.
Smart exchange rate technology. LetsExchange compares exchange rates between liquidity providers and selects the best deal for you.
transparency. The exchange process is completely transparent. Users can download a receipt containing all exchange details.
24/7 support. Customer support is provided in live mode via email and online chat. You can raise your questions and concerns with them to get quick and professional help.
Fixed and floating exchange rates. Users can choose a fixed rate if they want to get the exact amount they’ll see when the exchange launches, or a floating rate if they prefer to take advantage of market fluctuations. When using the fixed rate option, the amount to be received is slightly reduced, which means that the platform charges a small fee for volatility risk. However, this fee is reasonable if you want to avoid slippage when executing a swap.

User accounts. Those who like their account and enjoy the various features it provides can register and enjoy the corresponding benefits: transaction history, favorites list, portfolio management tools, affiliate program, etc.
LetsExchange History
The platform was founded in 2020, but a fully functional platform was not launched until March 1, 2021. Although LetsExchange is new, it has already developed a fully functional platform where users around the world can perform unlimited exchanges without mandatory registration.
The initial development phase of the platform has been completed. The exchange provides users with the features they need for easy and simple cryptocurrency exchange. Detailed statistics, analytical tools and personal account features have already been implemented, and new features are constantly being developed and added.
Over 260 currencies are available for exchange, but the platform is not limited to existing currencies. LetsExchange aims to list more than 350 cryptocurrencies and tokens, making the exchange more diverse.
Those users who have a network of cryptocurrency enthusiasts can benefit from LetsExchange’s affiliate program. Various integration options allow you to benefit from every exchange made by your referred users.
cost
LetsExchange does not charge withdrawal fees as funds are sent directly to the user’s wallet. However, since all swaps are conducted via on-chain transactions, you will need to pay network fees as well as liquidity provider fees if applicable. The total amount of the fee depends on the selected cryptocurrency pair and is always included in the exchange amount displayed in the platform widget.
Supported Countries
No personal information is required to use the platform. This means that the use of LetsExchange is only restricted by the regulations of the user's country. As long as users have a wallet, they can exchange currencies anywhere in the world.
user interface
The user interface is very intuitive. This simplicity allows even inexperienced users to easily perform the swap. Clear and concise instructions on what information you need to provide, where to enter the receiving address, where to make a deposit, etc. The swap can be done in just a few easy steps:
Specify the currency you want to sell and provide the amount you want to exchange.
Select the currency you want to buy.
Select Fixed or Floating Rate.
Provide the receiving wallet address in the corresponding field.
Make a deposit.
Receive coins in your wallet.
Download a receipt with transaction details.
The platform’s user interface emphasizes the process simplification that distinguishes the platform.

Customer Service
Our study of LetsExchange’s interactions with users confirmed that responsive customer service is one of the platform’s strengths. It has an excellent rating on Trustpilot, with many reviews praising the LetsExchange support team for resolving exchange issues even if they are due to user error. The team also responds to user requests submitted via Twitter, Reddit, and other social media channels.

in conclusion
With a wide range of supported currencies, top-level security, responsive customer support available online 24/7, and other benefits,
LetsExchange
is a reliable place to exchange one cryptocurrency for another. shortcoming? We would like to mention just one: you cannot use fiat currencies for exchange on this platform, neither bank accounts nor bank cards are supported. Other than that, everything works as expected.
Disclaimer: This content is for informational purposes only and should not be considered financial advice. The opinions expressed in this article may contain the personal opinions of the author and do not necessarily reflect the views of The Crypto Basic. Readers are encouraged to perform thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.