LetsExchange Review: Swap Over 4,500 Cryptocurrencies Hassle-Free

If you are looking for an instant exchange to ensure 100% transparent swaps among 4,500+ cryptocurrencies at competitive rates, you are in the right place.

Here is a comprehensive review of LetsExchange, a go-to crypto-exchange hub with 4,500+ supported cryptocurrencies and a full set of crypto-exchange functionalities: cross-chain swaps, on- and off-ramps, DEX, and more.

Overview

Introduction

LetsExchange is a go-to crypto exchange hub with over 4,500 supported coins and tokens and over 60 fiat currencies. The platform was launched in 2021 by a team of entrepreneurs and experts with extensive experience in developing innovative solutions for FinTech. Within just one year, LetsExchange became one of the Top Five instant swap providers. Now, it’s an industry-leading platform with the biggest number of supported crypto assets (4,500+ at the time of writing) and trading pairs (21+ mln).

LetsExchange functionality

Crypto swaps

LetsExchange offers direct swaps of over 4,500 cryptocurrencies, including popular coins such as BTC, ETH, XMR, TON, SOL, BNB, and hundreds of newly added tokens. It has the highest number of supported assets among similar service providers.

Moreover, LetsExchange supports cross-chain swaps. This means that users can exchange, for example, USDT ERC20 for USDT BEP20 without intermediate transactions. This feature is available for every token that runs on several blockchains.

A fixed and a market rate

The platform allows users to pick whether to swap coins at a fixed or a market rate. If the user picks a market rate, the platform will select the most profitable exchange rate among available liquidity providers for the swap. In this case, the number of coins a user receives may differ from the number displayed in the widget if the exchange rate changes while the swap is being processed. By picking a fixed rate, the user ensures that he gets the exact number of coins displayed in the widget when the swap is initiated.

One can also use a promo code to get a cashback in the fixed rate mode. Users can get promo codes for a specific number of activations that are valid during a particular time by completing quests and participating in activities organized by the platform.

On-ramp & off-ramp

Users can also buy or sell crypto with over 60 fiat currencies on LetsExchange. When buying or selling crypto for fiat, one can choose among multiple payment methods, such as a bank card or bank account, SEPA transfer, Apple Pay, or Google Pay. LetsExchange collaborates with leading fiat payment processing providers such as Mercuryo, Transak, and Switchere to ensure that users can choose the most profitable provider.

Automated AML checks without funds blocking

The platform performs automated AML checks of all funds entering it to ensure that users get only legit money – crypto that has not been involved in fraudulent or criminal activities. If the user’s coins don’t pass the AML check, the funds are not blocked but reimbursed to the wallet from which they were sent.

A DEX mode

Users who prefer to swap their coins in a decentralized environment can choose the DEX mode. Currently, LetsExchange supports five networks: Ethereum, BSC Mainnet, Polygon Mainnet, Optimism, and Arbitrum. More networks are coming soon.

LetsExchange benefits

Safety

LetsExchange is one of the safest services out there. It offers non-custodial security and has a 4.7 rating on Trustpilot.

Transparency

LetsExchange is 100% transparent with its users. Each swap step can be tracked in the widget or a blockchain explorer. The transaction status can be checked on the Status page or directly in a personal account if the user registers it. After processing a transaction, one can download a receipt with all the swap details.

Low fees

Low fees are another benefit of the platform. A blockchain fee, a liquidity provider’s fee, and a processing fee are all the commissions users pay. While these commissions differ depending on a specific cryptocurrency pair, they are very low.

Deep liquidity for seamless swaps

The platform aggregates liquidity from multiple providers. It helps to ensure enough liquidity for swapping even significant amounts and the rarest coins, and each swap is processed without delays.

Easy to use

The platform interface is user-friendly so that even newbies can benefit from the extensive LetsExchange functionality. Additionally, step-by-step guides are available to facilitate the platform’s use.

Reliability

The service works consistently without unplanned downtime. When the platform is being updated, which may result in interruptions, the team communicates with users in advance via social networks.

24/7 customer support

The LetsExchange customer support is available 24/7 via live chat or a special form. Thus, users can receive prompt replies or help with any matter.

Account registration

LetsExchange allows users to benefit from its services without mandatory account registration. However, it is recommended that you sign up for the platform. It needs only a valid email address, and the registration process takes only a few seconds.

With an account, users get access to a wide range of features, such as:

• Overview of popular pairs with the most profitable rates, users’ last pairs, and portfolio.
• The user’s exchange history.
• Affiliate program.

LetsExchange’s affiliate program

Users interested in additional earnings can benefit from the extensive LetsExchange affiliate program.

To access the affiliate tools, you must register an account. It only needs a valid email address and a couple of clicks. From the personal can, users can:

• Create affiliate links to share them with friends or followers and earn on each swap they make
• Create exchange widgets and buttons to integrate them on a website or page and generate an additional income source.
• Create a Telegram bot with all exchange functionalities.

All data on affiliate swaps, such as total volume swapped, profit, completed and uncompleted swaps, and others, can be tracked directly in the personal account.

There is also API integration for business.

Pros and cons to sum up

Pros

• The biggest number of supported assets in the market
• It is possible to buy and sell crypto with fiat
• Fixed and market exchange rates
• Low fees
• Cross-chain swaps
• No mandatory account registration
• Extended functionality available in a personal account
• User-friendly interface
• Automated AML checks
• Safety and reliability
• 24/7 customer support
• Accessible affiliate program

Cons

• No wallet

Bottom line

LetsExchange is a safe and reliable platform where one can swap the largest number of assets in the crypto market. Low fees, transparency, 24/7 customer support distinguished by its high level of professionalism and attention to users, ease of use, and access to multiple tools, including affiliate ones, are other important features of the service. The platform is recommended to all types of users who need to swap crypto effortlessly in a safe environment.

FAQs