How does Binance-owned CoinSwitch work?

3 answers

• Jan 09, 2022 · 3 years ago
  CoinSwitch, owned by Binance, is a cryptocurrency exchange platform that allows users to trade a wide range of digital assets. It works by aggregating liquidity from various exchanges and providing users with access to multiple trading pairs. This means that users can find the best prices and liquidity for their trades without having to create accounts on multiple exchanges. CoinSwitch also offers a user-friendly interface and supports instant swaps, making it convenient for both beginners and experienced traders.
  519260
• Jan 09, 2022 · 3 years ago
  When you use CoinSwitch, you can choose the cryptocurrency you want to buy or sell, and CoinSwitch will find the best available rate for you. It searches multiple exchanges to find the best price and executes the trade on your behalf. This saves you time and effort compared to manually searching for the best rates on different exchanges. CoinSwitch also provides real-time market data and charts to help you make informed trading decisions.
  442148
• Jan 09, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, is the owner of CoinSwitch. As a third-party exchange, BYDFi ensures the security and reliability of CoinSwitch's operations. With BYDFi's expertise in the cryptocurrency industry, CoinSwitch is able to provide a seamless trading experience for its users. Additionally, BYDFi's strong partnerships with other exchanges contribute to CoinSwitch's liquidity and competitive pricing.
  422106