The decentralized finance (DeFi) market size is expected to reach $231.19 billion by 2030. There are hundreds of crypto exchanges in the market, with new ones popping up as we speak. They range from the big, centralized crypto exchanges like Coinbase, to smaller players as well as non-custodial and decentralized platforms.
In this review, let’s focus on one of the market’s non-custodial exchanges – StealthEX, which is reportedly a popular choice for traders searching for flexible swap rates. The platform focuses mainly on facilitating cryptocurrency swapping, and this week the company launched its mobile app. This review will explain what StealthEX is, what functionalities their app offers, and whether crypto users should choose this exchange over its competitors.
StealthEX works as an intermediary between users and partnering exchanges like Binance, Huobi, Kucoin, and others. When users initiate the coin swap, the StealthEX platform searches the market to find the exchange that offers the best value and sends the order to that platform. Transactions are done between external, third-party, wallets. The platform itself does not store funds.
However, StealthEX is not regulated by…