MaxSwap — Safe Crypto Exchange? Review and cases. Fiat to crypto exchange with low transaction fees

Josh Crypto Bard
9 min readFeb 8, 2024

In this article we will review the crypto exchange MaxSwap, with the ability to trade and swap fiat/crypto, an exchange with low fee commissions, its own custodial wallet and Telegram bot with exchange functionality.

In the context of sanctions, finding effective and safe ways to conduct financial transactions with cryptocurrency and fiat is becoming an increasingly complex and relevant issue.

Many owners of cryptocurrencies during its fall, began to actively sell crypto, and some (especially those who have never bought it or only thought of buying it), see an opportunity for themselves and want to buy assets to earn money. Mostly considered for the purchase of BTC.

Today, there are many platforms where a beginner can start buying and selling digital assets: from centralized exchanges to wallets. In this article, we’ll see how to buy cryptocurrency for fiat through MaxSwap, quickly and with low transaction fees.

MaxSwap — How did I find out about the exchange?

It’s important to say that I’ve been using the exchange myself for a few months now. At first, I simply learned about the platform from an article and decided to test it myself. As a result, most of my transactions now go through them.

Just the other day I saw the review of the 2024 exchanges, where MaxSwap was mentioned in the first place. And I decided to write my honest review about the platform — to tell about the pros and cons, to make a full-fledged guide to work with the exchange and its tools.

Now MaxSwap is a working product with an active audience of traders (both experienced and those who are just starting to work with the market), with real application of the product and implementation of the most comfortable conditions for users, 50% referral program and reputation in the market.

MaxSwap is used by users from all over the world: Europe, Africa, Middle East, Latin America without any restrictions. Minimal fees and the ability to buy/sell assets for fiat. Wide functionality both on the website and in the Telegram bot. Let’s analyze the platform in more detail.

Advantages of MaxSwap Exchange

  • Low transaction fee

The fees for deposits and withdrawals is the most important criterion when deciding whether to work on a particular platform. The main advantage of the exchange is the minimal fee for financial transactions. It is only 0.3%.

  • Exchange without verification (KYC)

Verification often takes a long time and always puts you at risk, because any system can be hacked, which means that your personal data can be taken over by hackers or the operators of the platform itself. That’s why many users are wary of markets that don’t have verification.

At MaxSwap, verification is very formal. Yes, you have to enter your contacts, address, first name and last name, but you only have to confirm your email. No documents are required for registration.

  • The ability to withdraw funds in local currency is the most important feature that any beginner trader should consider when choosing a currency exchange. MaxSwap allows withdrawal in USD and supports the largest number of supported payment systems.
  • Convenient inter-network exchange of stables and purchase of native tokens, which provides ample opportunities for portfolio diversification. The functionality is available both on the website and via Telegram bot;
  • Absence of intermediaries in the transaction of buying and selling cryptocurrency via fiat;
  • Instant transactions due to the ability to exchange stablecoins without the need to add new networks and perform complex operations;
  • Secure storage of cryptocurrency in the wallet, which can be accessed through the Telegram bot https://t.me/MaxSwap_bot;
  • Affiliate program up to 50%.

Supported Cryptocurrencies and Trading Pairs

The following currencies are supported: BTC, ETH, USDT, USDC, ALGO, AVAX, BCH, BNB, HBAR, HT, LTC, MATIC, NEAR, TON, TRX, XLM, XRP.

The choice of currencies is small, but all the most popular cryptocurrencies that you can buy with fiat are represented.

Supported fiat: more than 80 currencies from different countries, including

  • Euros (EUR)
  • British Pound (GBP)
  • US Dollars (USD)
  • Australian Dollars (AUD)
  • Danish krone (DKK)
  • Swedish Krona (SEK)
  • Norwegian kroner (NOK)
  • Canadian Dollar (CAD)
  • Polish Zloty (PLN)
  • Czech Koruna (CZK)
  • Hong Kong Dollar (HKD)
  • Turkish Lira (TRY)

How to get started with MaxSwap

Let’s start by registering and funding an account on the MaxSwap exchange. This is what you need to do:

Step 1. Go to the registration page https://my.maxswap.cc/sign-up

  • Select “Personal” or “Business” account. The only difference is that you must specify your company during registration.
  • Enter email address, password
  • Select a country from the suggested list
  • Click “Create Account”
  • Confirm your email by clicking on the link in the email.

Done, you are registered. As you can see, everything is very easy. MaxSwap only requires an email address. In less than a minute, the user becomes the owner of a personal account in the payment system.

MaxSwap Website Interface

Once you have logged in to your MaxSwap account, you can familiarize yourself with all the features offered by this system.

MaxSwap has an intuitive and simple interface, thus creating a more comfortable environment for interacting with the service.

The following sections are located on the left side of the page:

“Dashboard” is the main page that displays the most important assets on your balance that you can buy, sell, deposit or withdraw.

“Wallet” displays the balance of your account and a number of transactions made, serves to view the history of transactions made

“Buy”, “Sell” for trading between cryptocurrencies and fiat currencies. here you can directly make crypto-crypto, fiat-crypto transactions (more details below)

“Swap” is used for instant currency conversion.

“Settings” to change your password, two-factor authentication settings for the security of your account.

Step 2: How to deposit?

You can deposit your MaxSwap balance in the “Wallet — Deposit” section, which contains information about the currencies supported by the service and their current status.

When making a deposit, all you need to do is choose a currency and a convenient way to transfer funds. In the new window, select the deposit system and enter the amount you wish to deposit.

Please note that the system will charge a transaction fee for this operation.

When working with MaxSwap you can deposit and withdraw funds directly to a bank card, which is also a big plus and allows you to make transactions quickly and in a convenient format.

Step 3. Buy/sell cryptocurrency or fiat

After you have funded the balance, go to the “Buy”, “Sell” section.

  1. Select the currency in which we want to make the transaction
  2. Select fiat and payment method (Apple Pay, Google Pay, credit cards and other payment methods, different for each currency).
  3. Click “Buy” or “Sell”.

Step 4: Swap cryptocurrency-fiat

If you wish to exchange assets, after funding your account, go to the “Swap” section.

Select the asset you wish to exchange and receive as a result. If you have enough funds in your account to exchange the selected currency, you will be redirected to the page where the exchange transaction will be performed.

After the transaction, the amount received will be reflected in the dashboard and in the “Wallet” section.

It is important to note that all operations are carried out at the most advantageous rate and are formed on the basis of quotations on the world’s leading stock exchanges. Fees are no more than 0.3%, which allows you to make transactions on favorable terms.

Convenient functionality of MaxSwap in Telegram Bot

MaxSwap has created a convenient telegram bot for all clients to use the exchange functionality in a faster and more convenient format. Personally, this method seems to be the most suitable for me, because literally in 1–2 minutes I can exchange crypto for fiat, sell or buy, even without leaving my usual messenger.

What does it take?

  1. Go to the Telegram Bot (you can also find the link on the MaxSwap website) https://t.me/MaxSwap_bot

2. Select the appropriate language

3. Enter your email and confirm by clicking on the link in the letter.

And that’s it, in literally 1 minute and a few actions you can access the functionality of the exchange.

You can view information about your wallet, quickly buy/sell or swap cryptocurrencies. You can also view active limit orders or open new ones.

To see the fees for transactions for each asset, just click on “Info — Fee” and select the currency you are interested in. For example BTC.

From my experience, I can say that at the moment I use a Telegram bot, especially when I only have my phone at hand. It’s much more convenient than going to the site every time, so thanks to MaxSwap I spend much less time on transactions. I recommend you to try it yourself, the registration in the bot will not take you more than a minute, I will duplicate the link: https://t.me/MaxSwap_bot.

MaxProfit — tools for arbitrage

MaxSwap expands its ecosystem of products and now, in addition to the exchange and exchange service, you can use tools for crypto arbitrage.

If some of you are not familiar with the concept of arbitrage, it is a type of earning where you buy on one exchange and sell on another, tracking the difference in price. Thanks to MaxProfit you will learn about spreads in real time, and you can customize the screener and scanner to track all the coins and exchanges you are used to working with.

MaxProfit now supports over 30,000+ cryptocurrencies on over 60 CEX and DEX. The advantage of the service is that notifications are sent to the Telegram bot every 4 seconds, informing you about the latest changes in the market.

The most important aspect for any trader is security. Here you can be sure that your funds will not be attacked by fraudsters, because MaxProfit is a manual bot that works without requesting your API and therefore has no access to your money. Recently, automatic bots have been hacked more and more often (or the teams themselves withdraw the users’ money), but the latter lose all their money as a result. Therefore, the choice of MaxProfit was more than obvious to me.

And of course it is important to mention that with MaxProfit you can earn not only with its arbitrage tools, but also with the help of the affiliate program up to 50%. Generous terms, where you get half of the amount of the tariff that the user will buy through your link. Payout in USDT, without fees and restrictions, so you get double the benefit of the product. The link is also doubled, sign up: https://maxprofit.cc/ .

Conclusion

The exchange has only been on the market for a short time, but it can already compete with the sharks and the biggest platforms in terms of functionality and user-friendliness.

Now MaxSwap is:

- Buy/sell cryptocurrencies and fiat directly with low fees

- Convenient and secure wallet (website + Telegram bot with full functionality of the platform)

- Secure service with escrow and positive reviews

- Ability to trade without KYC

- Ability to make transactions on the website and in the Telegram bot

- Own internal cryptocurrency arbitrage tools

- Up to 50% affiliate program

In short, this is a great platform that will suit both beginners and experienced traders. As I said before, I’ve been trading only through MaxSwap lately (mostly through the Telegram bot) and I buy, sell and swap my assets safely, so I recommend you to try working with the platform as well. Try the exchange yourself and share your opinion. Good luck to all!

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Josh Crypto Bard

My blog is about how I invest in cryptocurrency, tell you about interesting projects, news on the crypto market, blockchain technology