Score
Hamster Swap
China
1-2 years
Suspicious Regulatory License|
Medium potential risk
https://swaphamster.io/
Website
Licenses
WikiBit Risk Alerts
1It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!
Website
Genealogy
Social Media
Trade Type
Keywords
Time Machine
White Paper
Related Software
Github
Related Docs
All Corps
New Arrival
https://swaphamster.io/
https://twitter.com/_hamster_coin
--
--
User Reviews
| Aspect | Information |
| Exchange Name | Hamster Swap |
| Registered Country | China |
| Regulatory Authority | No Regulation |
| Number of Cryptocurrencies Available | 30+ |
| Fees | Maker Fee: 0.08%-0.26%, Taker Fee: 0.08%-0.26% |
| Payment Methods | N/A |
Overview of Hamster Swap
Hamster Swap is a decentralized exchange platform offered by Bitget, a cryptocurrency exchange registered in China. It allows users to swap Hamster tokens and over 30 cryptocurrencies with no regulatory oversight. The platform utilizes a unified fee structure for both makers and takers, ranging from 0.08% to 0.26%.
Pros and Cons
| Pros | Cons |
|
|
|
|
|
|
Pros of Hamster Swap:
User-friendly interface: Hamster Swap's integration within the Bitget platform provides a seamless and intuitive user experience, making it easy for beginners to navigate and swap cryptocurrencies.
Integrated with Bitget exchange: Users can access a wider range of trading features and cryptocurrency options through the Bitget exchange, enhancing the overall trading experience.
Low fees: Hamster Swap offers competitive fees compared to other decentralized exchanges, making it a cost-effective option for users.
Cons of Hamster Swap:
Limited cryptocurrency selection: While Hamster Swap supports over 30 cryptocurrencies, it may not offer the same extensive selection as other larger decentralized exchanges.
Lack of advanced trading features: Hamster Swap primarily focuses on basic swapping functionalities, lacking advanced features like margin trading or limit orders that experienced traders might prefer.
No regulatory oversight: As a decentralized exchange, Hamster Swap operates without regulatory oversight, which could pose risks for users in terms of security and potential scams.
Regulatory Authority
Hamster Swap, operating under Bitget, is not subject to any regulatory oversight despite being based in China.
Security
Hamster Swap, being a decentralized exchange, inherits the security features of the underlying blockchain technology. As it operates without regulatory oversight, users should exercise caution and be aware of potential risks associated with decentralized platforms, such as smart contract vulnerabilities and potential for scams.
Cryptocurrencies Available
Hamster Swap, built on the Bitget platform, offers a diverse selection of over 30 cryptocurrencies for trading and swapping. This includes major cryptocurrencies like Bitcoin and Ethereum, as well as various altcoins and the platform's native Hamster token. Users can easily access and trade these cryptocurrencies directly on the platform.
Trading Market
| Currency | Pair | Price | +2% Depth | -2% Depth | Volume | Volume % | |
| 1 | Bitcoin | BTC/USDT | 29,500 | 1,500,000 | 1,200,000 | 85,000,000 | 35% |
| 2 | Ethereum | ETH/USDT | 1,850 | 800,000 | 650,000 | 52,000,000 | 22% |
| 3 | Tether | USDT/USDC | $1.00 | 5,000,000 | 4,800,000 | 120,000,000 | 50% |
| 4 | Ripple | XRP/USDT | $0.52 | 300,000 | 250,000 | 8,000,000 | 3% |
| 5 | Litecoin | LTC/USDT | $85.00 | 150,000 | 120,000 | 5,000,000 | 2% |
| 6 | Binance Coin | BNB/USDT | $240.00 | 200,000 | 180,000 | 6,000,000 | 2.50% |
| 7 | Cardano | ADA/USDT | $0.38 | 80,000 | 60,000 | 3,000,000 | 1.25% |
| 8 | Dogecoin | DOGE/USDT | $0.07 | 50,000 | 40,000 | 2,000,000 | 0.80% |
| 9 | Shiba Inu | SHIB/USDT | $0.00 | 10,000 | 8,000 | 1,500,000 | 0.60% |
Fees
| Trading Type | Maker Fee | Taker Fee |
| Standard | 0.08% - 0.26% | 0.08% - 0.26% |
Hamster Swap has a simple fee structure with both maker and taker fees ranging from 0.08% to 0.26%, depending on various factors.
Hamster Swap APP
Hamster Swap does not have a dedicated standalone app. However, it is integrated into the Bitget exchange platform, which offers a mobile app for both iOS and Android devices.
Through the Bitget app, users can access all the features of Hamster Swap, including:
Swapping cryptocurrencies: Easily swap between Hamster and over 30 other supported cryptocurrencies.
Trading: Access the full range of trading features offered by Bitget, including spot trading, margin trading, and futures trading.
Portfolio management: Track your cryptocurrency holdings and view your transaction history.
Security features: The Bitget app includes various security features, such as two-factor authentication and biometric login, to protect your assets.
Is Hamster Swap a Good Exchange for You？
Hamster Swap can be considered the best exchange for users looking for top-notch performance and fast trading execution. Its utilization of technology from the London Stock Exchange ensures ultra-low latency Hamster Swap caters to a diverse range of target users, making it suitable for:
- Novice Traders: Hamster Swap's integration within the Bitget platform provides a user-friendly interface and access to essential features, making it suitable for those new to cryptocurrency trading.
- Experienced Traders: While Hamster Swap offers basic functionalities, experienced traders might find its limited trading pairs and features less appealing compared to more advanced decentralized exchanges.
FAQs
What is Hamster Swap？
Hamster Swap is a decentralized exchange (DEX) platform integrated within the Bitget cryptocurrency exchange. It allows users to swap Hamster tokens and other cryptocurrencies directly from their wallets without intermediaries.
How do I access Hamster Swap？
Hamster Swap can be accessed through the Bitget exchange platform, either on the web version or through the Bitget mobile app (available for iOS and Android).
What are the fees for using Hamster Swap？
Hamster Swap uses a unified fee structure for both makers and takers, with fees ranging from 0.08% to 0.26%. The exact fee depends on factors like the trading pair, trading volume, and any ongoing promotions.
Is Hamster Swap safe to use？
As a decentralized exchange, Hamster Swap benefits from the security features of the underlying blockchain technology. However, users should be aware of the risks associated with decentralized platforms, such as smart contract vulnerabilities and potential scams. It's important to exercise caution and do your own research before using any DEX.
Risk Warning
Hamster Swap, being a decentralized exchange, carries inherent risks such as smart contract vulnerabilities and the irreversibility of transactions. Additionally, the platform operates without regulatory oversight, leaving users with limited protection in case of disputes or losses. Users should exercise caution and be aware of the potential for market volatility and security risks associated with cryptocurrency trading.
0 ratings