How SnapSwap Works
Select Pair
Choose cryptocurrencies to exchange
Enter Details
Specify amount and destination
Send Funds
Transfer crypto to our address
Receive
Get exchanged crypto instantly
Step 1: Select Your Pair
- Choose the crypto pairs you wish to send and receive from the dropdowns.
- Enter the amount you wish to send. The system will calculate how much you'll receive in return, based on the latest exchange rate.
- Input the destination address where the received coins should go. You can paste it directly or scan using a QR code for convenience.
- Choose your rate option. Select between Float Rate or Fixed Rate. The float rate will fluctuate based on market prices, while the fixed rate will stay the same throughout the exchange process.
- Review your details, then click Exchange to start processing your transaction.
Step 2: Send Your Crypto
- After confirming your exchange details, you'll receive a unique deposit address from SnapSwap.
- Send your cryptocurrency from your personal wallet to the provided SnapSwap address.
- Transactions typically require 1-6 blockchain confirmations depending on the cryptocurrency.
- You can track your transaction status in real-time on our platform using the transaction ID.
- For security, each transaction gets a unique deposit address that expires after 30 minutes.
Step 3: Receive Your Funds
- Once we receive your funds and confirmations are complete, we instantly process your exchange.
- The exchanged cryptocurrency will be sent to your specified destination wallet address.
- Transaction completion time varies by blockchain but averages 2-10 minutes.
- You'll receive a transaction hash for the outgoing transfer for your records.
- All exchanges are final - we don't hold your funds after processing.
Frequently Asked Questions
Most exchanges complete in 2-10 minutes. The exact time depends on blockchain confirmation times for both the sending and receiving cryptocurrencies. Bitcoin transactions typically take longer than Ethereum or other altcoins.
Minimum amounts vary by cryptocurrency. Generally, the minimum is equivalent to $10 USD. You'll see the specific minimum amount when you select a cryptocurrency pair.
Fixed rate locks in the exchange rate for 30 minutes, protecting you from market fluctuations. Float rate gives you the market rate at the moment we process your transaction, which may be better or worse than when you initiated the exchange.
No, SnapSwap requires no account creation or KYC verification. Simply select your pair, enter your details, and complete the exchange.