C R Y P T O C O R E X

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Cryptocorex Trade

Swap and Trade one crypto for another

Trade crypto anytime, anywhere: Across multiple blockchains in a few simple taps, directly through your Cryptocorex wallet. Enjoy some of the best trading rates for Bitcoin, Ethereum and dozens of other cryptocurrencies, powered by our partnership with Changelly, the world’s leading crypto exchange platform.

Swap Across Chains

While most crypto wallets support a single blockchain like ETH or BTC, as a multichain crypto wallet Cryptocorex is committed to being the go-to place for everything crypto, whether you’re a Bitcoin maximalist, hardcore Ethereum fan, or only buy Shiba Inu (SHIB). Trade from Bitcoin to Ethereum, Dogecoin (DOGE) to USDC – over 40 multichain assets means you have 1,000+ options.

Some of the crypto trading options are

  • BTC to DOGE
  • ETH to USDT
  • USDT to USDC

Cryptocorex’s trading support for multiple blockchains means you don’t need 3 or 4 different crypto wallets to support each blockchain. That also means you don’t need multiple passwords to remember, forget, or lose!

Trade with Zero Paperwork

You’re going to love Cryptocorex’s multichain support and seamless integration with Changelly* – a win-win for your peace of mind and pocketbook. Unlike centralized exchanges that control your crypto, you control the entire crypto trading process.
Once the traded crypto lands in your account, it’s there, and it’s yours: HODL it, send it, or get up to 8% APY on it through Cryptocorex Savings!

Benefits of Cryptocorex’s non-custodial trading

There are many reasons why it might make sense to take advantage of Cryptocorex Trade and swap one crypto for another. Below are two of examples.

Trading to diversify a crypto portfolio

Everyone’s aware of the saying “don’t put all of your eggs in one basket!” The same goes for investments in traditional finance and crypto. While you might have a deep belief that Bitcoin is the future, Ethereum will overtake Bitcoin, or a new blockchain is the next “Ethereum killer,” no one actually knows for sure what will happen.

  • One diversification approach is based on market capitalization – or to have investments mimic the percentage each cryptoasset reflects in the market. For example, if Bitcoin represents 70% of the crypto market, Ethereum represents 20%, Binance coin is 5%, etc – then a market-weighted portfolio would have 70% BTC, 20% ETH, 5% BNB, and so on. As the market shifts, trading to rebalance this portfolio would ensure these percentages remain consistent.
  • Another diversification approach is known as the barbell investing approach. Just like a barbell with heavy weights on each end, this strategy focuses on investing in what are expected to be obvious winners and longterm investments on one end, and speculative potential upstarts on the other. First, an investor chooses the top few ‘winners’ they believe will always be a part of the crypto ecosystem, like Bitcoin and Ethereum, and allocates most of their portfolio towards these larger assets. On the other side of the barbell, the investor researches the most interesting up-and-coming crypto projects they believe will succeed, and allocates some of of the investment portfolio towards those projects.

Trading to increase or decrease risk

Crypto is considered a volatile investment, especially in the short-term. While the short-term risk and significant price fluctuations can be unnerving, many investors believe that the long-term expected returns make the rollercoaster ride worth it.

If the ride is getting too bumpy – however – investors may consider one of two options:

  • Selling for fiat currency: Some investors will decide to sell some of their crypto for their local currency like U.S. dollars, especially if they have short-term financial obligations.
  • Trading or swapping to stablecoins: Another option is to trade some of the more volatile crypto investments for stablecoins like USDC, which are pegged 1-to-1 to the U.S. dollar. By doing so, investors stay invested in the crypto ecosystem and maintain options to use the crypto in the future. In the sort-term, they might consider getting interest on their crypto (learn more here) or to trade to other, less volatile cryptoassets.