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Cryptocurrency News Articles

StealthEX: A Non-Custodial Crypto Exchange Prioritizing User Autonomy and Privacy

Jul 11, 2024 at 11:24 pm

In the past three years, centralized cryptocurrency exchanges (CEX) have surrendered over 500,000 bitcoins (BTC) as more users choose self-custody.

As cryptocurrency holdings on centralized exchanges (CEX) continue to dwindle amid a growing preference for self-custody, non-custodial crypto exchanges are stepping up to meet the demand. Among them, StealthEX has carved a niche with its privacy-centric approach, vast asset support, and user-friendly design, fully embodying its slogan, “Your privacy is our top concern.”

Launched in 2018, StealthEX boasts a trading portfolio of over 1,500 cryptocurrencies and an extensive selection of trading pairs for crypto enthusiasts worldwide. Its user-friendly interface and clear navigation further enhance its attractiveness for those willing to trade with ease.

According to CEO Maria Carola, StealthEX was founded with the aim of democratizing access to cryptocurrencies while still maintaining the spirit of decentralization. The platform is popular due to its no-KYC transactions and non-custodial exchanges, including cross-chain swaps. StealthEX’s cross-chain swaps don’t imply bridging or any other complex mechanics, so you can exchange your digital assets across multiple blockchains with no hassle.

First, StealthEX eliminates the registration process and refrains from holding your funds in custody. In this way it reduces hacking risks and ensures you maintain control over your asset management. Second, the platform also has no upper limits on exchanges. The only requirement is to cover the network fees. Finally, StealthEX facilitates fiat-to-crypto purchases through third-party partners.

Privacy, Registration, and KYC Verification

StealthEX strives to handle regulatory hurdles while adhering to the idea of freedom that cryptocurrency brings. It doesn’t require registration and intrusive KYC processes, such as ID, face, document, and biometric verifications, for all crypto-to-crypto transactions. StealthEX also streamlines fiat-to-crypto swaps, making crypto purchases under $700 (or the equivalent of this amount in other currencies) KYC-free.

However, note that KYC and AML procedures may still be enforced if a user’s wallet is blacklisted by liquidity providers or StealthEX’s risk prevention system detects suspicious activities.

Security

StealthEX doesn’t store user funds on its platform and transfers them directly between wallets, thus minimizing security breaches. Its custody-free model safeguards users from third-party intrusions and guarantees that they have sole ownership of their assets. StealthEX’s commitment to customer safety and control has resulted in a record without any reported incidents of asset theft or hacking.

Supported Cryptocurrencies

StealthEX frequently integrates new tokens to its already supported 1,500 cryptocurrencies. To date, the platform encompasses over 900,000 trading pairs, including SOL to ETH, BTC to ETH, ETH to BNB, and BTC to XMR. StealthEX’s cross-chain swap capabilities are unlimited, so you can exchange as many coins as you want.

Maria Carola noted that ETH and stablecoins are particularly popular for exchanges and cross-chain swaps on StealthEX. She also observed the sustainable demand for BTC and privacy coins like XMR and ZEC.

Transfer Methods

StealthEX empowers users to purchase digital assets directly with fiat currencies, including the US Dollar (USD), Euro (EUR), Pound Sterling (GBP), Ghanaian Cedi (GHS), Mexican Peso (MXN), Vietnamese Dong (VND), Brazilian Real (BRL), and more.

With StealthEX, you can easily buy cryptocurrencies by choosing your favorite payment method:

Ease of Use

Users can access StealthEX through a straightforward web-based application. Thanks to its intuitive interface, the platform makes the trading process as easy as possible and ensures that even crypto newbies can embark with confidence. In addition, StealthEX enables Android users to engage in swapping on the go via a mobile app. An iOS app is currently in the pipeline.

Exchange Rates

StealthEX’s integration with multiple liquidity providers, including major CEXs and DEXs, guarantees competitive prices and rates. Users can select between floating and fixed exchange rates based on their strategies and risk appetites.

By default, transactions utilize a floating exchange rate, which adjusts in accordance with real-time crypto price dynamics. A fixed exchange rate option protects those who prioritize stability in volatile crypto markets against sudden fluctuations. Regardless of the chosen rate type, StealthEX displays a clear estimate before you initiate a transaction, ensuring a transparent and informed experience.

Educational Materials

Whether you’re just starting out or already an old pro, StealthEX’s blog is packed with expert insights and actionable tips to help you level up your trading experience, keep up with the latest industry news, and spotlight hidden crypto gems.

For beginners, StealthEX’s blog posts explain complex concepts in plain terms and answer fundamental questions like “how to invest in cryptocurrency,” “how to choose a crypto wallet,” and “what are crypto ETFs?” Seasoned investors will find be able to benefit from the team’s in-depth predictions on coin price movements and future market trends.

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