Swapnex Introduces A New Exchange Feature!

  1. How I Earned 15% of My Capital In 1 Week: The Art of Arbitraging With Swapnex
  2. Swapnex Review: 32% ROI, 2 Weeks Down The Road
  3. SwapNex Official Chat🏴󠁧󠁢󠁥󠁮󠁧󠁿

Swapnex, a multifunctional arbitrage trading platform availing a wide range of cryptocurrency exchanges such as Binance, Coinbase, Bithumb, Kraken and many others, has recently announced a new feature to their suite of services — a built-in exchange, right on the platform itself!

A Recap of Swapnex

Arbitrage is the process of buying an asset low on one platform and selling it high on another platform, making use of the price discrepancy between the two to make a profit — which is what Swapnex essentially does, because it has a large volume of liquidity spread across different exchanges, and hence able to execute arbitrage trades simultaneously. Based on my experience with Swapnex for the past 1 month, it has provided me with a daily 2.1% return of investment. For a more detailed overview on Swapnex, check out my previous article here, and a review 2 weeks down the road.

The Exchange: A Welcome New Addition!

  • Supports only a few assets for now — ETH and USDT across the different blockchains of ERC20, TRC20 and BEP20.
  • Swaps are processed within 3–10 minutes.
  • Swapnex takes a 5% commission fee from the swap.


The exchange works great for converting USDT from the expensive ERC20 to the more affordable BEP20 and TRC20 blockchains. Withdrawal fees for USDT on the ERC20 blockchain currently cost 30USDT per withdrawal — a hefty sum to pay, especially if the withdrawal amount is small. Converting this to TRC20 and BEP20 entitles the user to a free withdrawal on these blockchains! However, for larger withdrawals of >600 USDT on the ERC20 network, paying the 5% commission fee is less worthwhile compared to bearing the ERC20 withdrawal fees.

Indeed, as the exchange only currently supports ETH and USDT, its practical functionality is rather limited for now. As it expands to support more coins in the future, the exchange will add greater value to the value of Swapnex’s suite of services.

My Experience So Far

My Auto Trading Bots on Swapnex

I started investing on Swapnex 27 days ago, with 4 auto trading bots each with a 50USDT capital, running 3 trades per day for 60 days. After 27 days, the arbitrage trades from the 4 running bots have generated a profit of 103USDT in total, which is a rather impressive 52% ROI of my initial capital of 200USDT! I am withdrawing my profits in USDT TRC20 daily (after all, withdrawals are free on the TRC20 blockchain!) — planning to start compounding on the platform, once I secure my capital.

I exchanged 21USDT on ERC20 to the TRC20 blockchain to avail free withdrawals.

Final Thoughts

Being a relatively new player to the cryptocurrency industry, Swapnex has its own fair share of controversies — there are mixed reviews online, however majority of them have been positive. Personally in my own limited experience with Swapnex, I have encountered no problems on the platform — withdrawals have been prompt, and the support team on telegram helpful. Always do your own research, and never invest any amount of money that you cannot afford to lose! If you’d like to try out cryptocurrency arbitraging with Swapnex, you can sign up here! Stay safe and happy trading.

My previous articles on Swapnex

Some relevant resources to check out

Information Leaflet


As always this is not financial advice! But simply investment platforms I have invested in and have found worthy of sharing with. Do your own research before investing and never deposit money you cannot afford to lose. Feel free to ask me any questions below.

If you liked this article, follow & subscribe!

Check out the following trustable platforms!

🎁 Honeygain A passive income app to earn money off your unused internet bandwidth. Get $5 for free, no investment required.

🎁 Cake Defi A one-stop investment platform that bakes passive cashflow at APYs of up to 200%! Get $30 in DFI with a $50 deposit.

🎁 Nexo The world’s most advanced, regulated digital assets institution offering instant crypto loans, daily earning on assets, exchange, with services in 40+ fiat currencies in more than 200 jurisdictions. Get $25 with a $100 deposit.

🎁 Celsius A fintech platform offering interest-bearing savings accounts, borrowing, and payments with digital and fiat assets. Get $50 in BTC with $400 deposit.

🎁 Hodlnaut A robust Singapore-based crypto lending and borrowing platform founded in 2019 that generates passive cashflow from your idle cryptocurrency. Get $30 in USDC with $1000 deposit.

🎁 Cabital Earn up to 12% interest rates on crypto, without the crazy.

🎁 BlockFi A cryptocurrency exchange and wallet. Get $10 with $100 deposit.

🎁 Kucoin One of the largest cryptocurrency exchanges.

🎁 Huobi One of the largest cryptocurrency exchanges.

🎁 MEXC One of the largest cryptocurrency exchanges.

🎁 Crypto.com A cryptocurrency exchange app based in Singapore. Get $25 in CRO on staking for a Ruby card.

For Malaysian investors

🎁 Stashaway Get free investing for 6 months!

🎁 Wahed code ‘KENLIE1’ RM10 signup bonus

🎁 Capbay P2P code ‘8879c6’ RM100 signup bonus

Connect with me Medium | Read.cash | Youtube | Twitter | Linktree

Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing

Also, Read