Review of StealthEX

StealthEX is a simple, minimalistic cryptocurrency exchange that offers seamless crypto swaps. This review explains what you can expect from StealthEX and whether you should sign up.
By: Theodor Tonca
Theodor Tonca
Theodor is a Financial Writer for Invezz, reviewing, testing and scrutinizing financial products. He is a former financial analyst and investment… read more.
Updated: Jul 19, 2022
3.5/5 Star rating
12 min read
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The StealthEX exchange offers an easy way to swap between hundreds of different cryptocurrencies. There is no account registration, so you can stay anonymous, and all swaps can be performed in just four steps. The exchange also has a 24/7 customer support team standing by to help you complete your transaction.

Pros & Cons

Pros:

Exchange over 750 cryptocurrencies
Available worldwide
Anonymity, with no account registration necessary

Cons:

What is StealthEX?

StealthEX is a cryptocurrency exchange where you can swap crypto coins with other people. Founded in 2018, StealthEX is a non-custodial exchange, which means that there is no middleman involved in your transaction; it simply matches you with another person willing to take the other side of your trade.

In keeping with its simplicity, there is no account registration or personal information disclosure necessary for most swaps, nor are there any extra or hidden fees to contend with apart from a standard trade execution fee. 

How does StealthEX work?

StealthEX works by partnering with other crypto exchanges to find the best price for your trade. When you place an order, it searches the market for the exchange that offers the best value and sends the order to that platform.

It partners with exchanges like Binance, Huobi, Kucoin, and many others to find the best deal. StealthEX doesn’t store any money itself, your money is stored on those exchanges and StealthEX is more like the conductor that decides which one should process your order based on where it sees the best value.

StealthEX cryptocurrencies and trading options

What cryptocurrencies can you trade on StealthEX?

StealthEX supports more than 750 crypto coins, including popular currencies such as:

  • Bitcoin (BTC)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Monero (XMR)
  • Stellar (XLM)
  • THETA (THETA)
  • Theta Fuel (TFUEL)
  • TRON (TRX)
  • USD Coin (USDC)
  • XRP (XRP)

All StealthEX trading options

StealthEX has a broad range of trading options, with hundreds of coins to choose from. The negative is that the exchange is limited solely to crypto and nothing else.  

ProductOffering
Cryptocurrencies450
See all trading options >

Can I trade with leverage on StealthEX?

No, the StealthEX exchange does not offer any leverage-based trades. Just simple, straight-up swaps.

What are the spreads?

StealthEX calculates a fixed fee for every transaction instead of a spread. The ultimate cost is based on various factors, such as the crypto coin being exchanged, the network fees, and more.

The average cost for a swap of a popular coin averages around 0.40% of the transaction size.

ProductAverage spreadFixed or variable?
Individual cryptocurrencies0.40%Variable
See all spreads >

Fees, limits, and payment options on StealthEX

What are the deposit and withdrawal fees, limits, and speeds?

StealthEX’s payment options may be more limited than other crypto exchanges, but the exchange does offer all the most commonly used ones – Bitcoin, Visa, Mastercard – in a straightforward, easy to use manner.

As a custody-free exchange, it does not hold any funds itself. That means when you make a deposit you are merely using StealthEX as an intermediary between you and another exchange. The payment options are thus limited based on what those platforms accept. Most exchanges take 5 to 30 minutes to process a deposit based on the network you are using.

How much are StealthEX’s fees and commissions?

StealthEX’s fees are variable on a case-by-case basis based on the coin you are exchanging, the network used and its respective fees.

No additional fees or charges apply and fees average about 0.40% of your transaction size, which is a competitive rate.

Fee typeFee amountCommisson
Crypto trading0.40%
See all fees >

StealthEX trade sizes and limits

There is no maximum exchange limit on StealthEX and the minimum is 0.0001667 BTC

ProductMinimum tradeMaximum trade
Cryptocurrencies0.0001667 BTCNone
See all trade sizes >

StealthEX trading platform

What devices can I use StealthEX on?

StealthEX can be easily accessed via any desktop or mobile browser on your phone. There is no mobile app. But given the non-custodial nature of the exchange, none is needed.

  • Desktop web browser
  • Mobile web browser

Can I use StealthEX in my country?

StealthEX is available in all countries, as it is not a custodial broker. However, if your respective country has outright banned all forms of cryptocurrency, then exchanging coins may prove problematic.

  • United States
  • United Kingdom
  • Spain
  • Germany

Is StealthEX available in my language?

At this time, the StealthEX exchange is available only in English.

How easy is it to use StealthEX?

It doesn’t get much simpler than StealthEX, which is an exchange based around letting you buy cryptocurrency in just four steps. 

Go to stealthex.io, choose which coin you want to buy and how much you would like to exchange, enter your external wallet address, hit the “start exchange” button and you’re done.

In this day and age of over-complicating even menial tasks, StealthEX’s seamless crypto exchange is a breath of fresh air.

Key features

StealthEX is a minimalistic crypto exchange, but that doesn’t mean it lacks usability or functionality. Here are a few of its key features that make it stand out from the crowd.

No account registration required

StealthEX’s swift exchange extends to not requiring users to sign up for an account or pass through a KYC identity verification process. This is very different to most crypto exchanges out there, although there is a limit on the amount you can spend without providing ID.

The no KYC rule applies as long as you are exchanging less than €900 in a single transaction. You should also consider that you have to have an account with a partner exchange like Binance or Kucoin, and those platforms might ask for identification.

750+ coins & tokens

StealthEX makes a wide universe of coins and tokens available, from the usual suspects of BTC and ETH to far more obscure and lesser known protocols. You can buy fan tokens for famous sports teams, or the most obscure altcoin very easily.

StealthEX is able to offer such a large range because it can combine everything on offer from every exchange it partners with. As long as a coin is available on a single partner exchange, there’s a market for it that you can tap into.

Limitless exchanges

Enjoy swaps without upper exchange or daily activity limits. There are no maximum limits to trade size or to the total volume you can trade in a day. Just remember that there might be with the partner exchanges, so there’s a chance you could bump up into third party limits.

Also note that ifyou are a high volume user, then you will have to sign up for an account and pass through a standard KYC process, but StealthEX even simplifies this procedure.

Security and regulation

Is StealthEX safe?

StealthEX is about as safe an exchange as you can come across. For the simple reason that it is a non-custodial exchange, meaning that it does not store any user’s funds on its platform.

All swaps are done between external, third-party wallets and StealthEX has pledged that it will stay this way.

Am I and my cryptocurrency protected?

No protection or insurance is necessary, as your coins/tokens are never transferred to the StealthEX platform. It is a custody-free, web-based exchange.

The exchanges that StealthEX partners with, like Binance and Huobi, are reliable exchanges that can be trusted. Those platforms have their own protections to ensure customers are kept safe from scams and malicious activities as well.

Is StealthEX regulated?

No, since StealthEX is not a custodial broker, but rather a custody-free exchange that does not hold any user funds, the typical regulatory standards that apply to brokers do not apply to its platform.

Do I have to verify my account with StealthEX?

No account registration is necessary, so long as each transaction processed via StealthEX remains under the €900 threshold. 

If your transaction exceeds this amount, then you will need to sign up for an account.

Extra information

Educational resources 

The extent of StealthEX’s educational library is its blog, which offers some minimal instruction on how to exchange crypto via its platform and other related tidbits. 

As StealthEX is designed for more advanced users, who are familiar with cryptocurrency and comfortable making wallet-to-wallet transactions, there is less need for educational material on the website. If you do want to learn more about crypto and how it works, there are other exchanges more suited to beginners.

Tools and charting

You will not come across any charting tools, graphs or other more advanced features on StealthEX. Just a simple, straightforward way to exchange crypto with minimal hassle.

Customer support

StealthEX offers 24/7 customer support on its website via online chat, which you can expect a reply to within 3 minutes or less. 

The exchange also has a support email and mailing address.

Our verdict

Overall, we found StealthEX a breeze to use. No fuss, no hassle, no account registration for transactions under several hundred dollars and no upper exchange limits once you do have an account.

Just enter the coin, amount, and your wallet info and you’re done. This is how easy and practical all exchanges catering to individuals ought to be.

If you are in search of complex trading strategies, advanced charting tools, and the lowest fees possible for high volume trades, then StealthEX isn’t for you. But if you just need to swap some coin or token for another and nothing more, then StealthEX and its instant swaps will not disappoint.

How to buy cryptocurrency on StealthEX

  1. Go to StealthEX and pick the coin you want to exchange from one of hundreds of available options.
  2. Enter the exchange amount and confirm you’re happy with the estimate of how much you’ll receive in return.
  3. Enter your crypto wallet address – the account in which you want to receive your crypto – and enter any additional ID that may be required.
  4. Send the deposit amount to the StealthEX wallet address and wait to receive your funds.

FAQs

Who owns StealthEX?
How does StealthEX make money?
Do I have to pay tax on StealthEX profits?
Is StealthEX anonymous?
Does StealthEX have an integrated wallet?
How do I withdraw from StealthEX?
Has StealthEX ever been hacked?

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Theodor Tonca
Financial Writer
Having worked for a decade as an analyst, investment partnership founder, and writer - Theodor is a keen sportsman. When not working, he can most commonly… read more.

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