Best Alternatives To Cryptocurrencies Exchanges

Some cryptocurrencies exchanges have been hacked in in the recent months. The security offered by the most of the exchanges has been good. But there hasn't been 100% assurance that these platforms cannot be hacked.

Italian crypto exchange Bitgrail was hacked for a loss of 17 million Nano (XRB) tokens worth around $187 million in early February when the theft was reported.

The depositors are still attempting to be reimbursed their lost funds. Another example why exchanges are not a smart place to store your wealth. The safest place for your wealth to be is with you

Though this vulnerability is being a major concern, exchanges continue to empower their security. It is still far until they can provide a complete fortress - people prefer Trezor or other cold storage hardware.

For this reason, a new alternative has arisen. New platforms where users can swap their tokens or coins are gaining more adepts. This way of interchange is peer-to-peer.

Swaple.io

Through this platform, you can swap with a another user by just choosing the coin to swap and picking the coin you want to receive. Then you place an order and wait for an interested user to make the swap.

You wouldn't need to transfer any coin the platform like regular exchanges. This aspect is what makes this platform unique. No more risking in leaving your wealth on platforms that can hacked.

You keep you tokens or coins always secured in your external wallet during the whole swapping process. If you want to more about Swaple, just click here.