The spread nobody quotes you

Five exchanges. One swap. Five different answers.

SwapDesk is an independent monitor of instant cryptocurrency exchange rates. We ask every provider what they would pay out for the identical swap, at the same moment, and publish the difference. That difference is the product — it is money that stays with you or stays with the exchange, and it is invisible unless somebody measures it.

We do not execute swaps and never touch your coins. We publish numbers.

Who we measure

Five non-custodial instant exchanges, each independent of us and of each other. Payout figures populate from their public APIs the moment a quote is requested; we publish what comes back, unedited.

Live payout figures load from each provider's public API. Nothing here is cached, modelled or estimated.
ProviderRate types Account requiredPayout

Each provider operates its own compliance policy and may request verification on an individual transaction. We report each stated policy; we do not guarantee it.

How the measurement works

A comparison is only worth reading if the method is stated. Ours is deliberately dull.

01

Simultaneous quotes

Every provider is asked for the same pair and the same amount within the same second. Sequential quoting would let the market move between requests and make the comparison meaningless.

02

Final payout only

We rank on the amount that reaches your wallet, not the advertised percentage. Some providers price the network fee into the quote and others deduct it afterwards.

03

Ranking cannot be bought

Order is produced by the quotes themselves. A provider paying us a higher commission does not move up; if a provider that pays us less quotes you more, it appears first.

04

Disclosed incentive

When a swap completes with a provider found here, that provider shares part of its spread with us. You pay the same rate as going to them directly. This is the only way we are paid.

Questions

Do you ever hold my coins?

No. SwapDesk publishes measurements and refers you onward. Your deposit goes directly to the address issued by the provider you chose, and the payout goes to the wallet you nominated.

Why do providers quote different amounts?

Each sources liquidity differently and sets its own spread over the market price. On a major pair the gap between best and worst is routinely one to two percentage points.

Why should I trust a site that earns commission?

Because the ranking is computed from the quotes, not the commissions, and because we say so plainly. Read the method above — if it does not convince you, request the same quotes from the providers directly and check ours against them.

Do I need an account?

Not to compare, and not to start a swap with any provider listed here. Each still runs a risk engine that can request verification on an individual transaction.

Who publishes this

Every detail below is verifiable on the UK public register.

Legal name
PREPTEK LIMITED
Trading name
SwapDesk
Company number
17148099
Incorporated
Jurisdiction
England and Wales
Registered office
Plytek House, British Fields Industrial Estate, Ollerton Road, Tuxford, Newark, NG22 0PQ, England

Not investment advice. SwapDesk publishes rate measurements and reference information about third-party exchange services. It does not execute exchanges, does not custody client funds, and does not provide investment, tax or legal advice. Cryptocurrency values fluctuate and you can lose money. Verify every deposit address on the provider's own site before sending funds.