SkinSwap Review

Item: SkinSwap
Rating: 4.25
Author: SkinLords

Pros

Their prices for cashing out Rust skins instantly are the best available compared to similar services.
Support for both skin trading and instant cashing out
After trading $10 worth of items, a reward case bonus is offered
Great selection of skins available for trading

Cons

The base discount for cashing out items is high.
They do not offer any additional features, such as on-site skin inspection or price history.

SkinSwap at a Glance

SkinSwap is a relatively new website for trading skins. Players can instantly trade or sell their items from CS2 or Rust on the website. Initially, the trading page had a limited selection of items, but it has since expanded its inventory to include a broad range of items at varying price points.

Their skin-selling feature lets players instantly sell items for cryptocurrency or cash through PayPal or Venmo. While the value of items is substantially lower than what you could receive by selling them on a skin marketplace, this instant cash-out service offers a convenient and quick way to exchange your items for real-world currency.

Our Verdict

SkinSwap is a highly reputable, US-based service with an experienced team and a solid track record. Its value proposition is centered on instant cash out for sellers and a large skin inventory for buyers or skin swappers. Users can only buy from SkinSwap’s inventory and sell to SkinSwap. While the 45% commission for selling is high, SkinSwap offers a deposit bonus of up to 40% to buyers. There are no hidden fees. The trading process is transparent and straightforward. Based on these factors, SkinSwap views itself as the best trading website. We consider it a solid choice if you want cash for your Steam inventory fast or are on the hunt for new skins to spice up your Rust or CS2 gaming experience.

How to Claim SkinSwap’s Trading Bonus

Go to SkinSwap using our provided link
Sign-into SkinSwap
Click on Free Item in the top-right menu
Enter code SKINLORDS
You will receive one free case spin after trading over $10 worth of items

Additionally, to the trading bonus, you can win a weekly free giveaway once you have linked to SkinSwap’s Discord server.

Buying, Selling, and Trading of CS2 Skins and Rust Skins

The SkinSwap platform allows users to buy, sell, and trade skins from Valve Corp’s CS2 and Rust games. The site has a user-friendly interface and seamless third-party integration with Steam and payment partners. Users sign in using their Steam account credentials, which allows SkinSwap to access the users’ CS2 and Rust inventory and facilitates a secure trading process.

How to Buy CS2 and Rust Skins

In the “Buy” section you can browse SkinSwap’s inventory of CS2 skins and Rust skins. To complete your purchase, follow a simple checkout process. Here is how it works:

1
Create a SkinSwap account with Steam (only initially).
2
Add a Steam trade URL and a valid email address (only initially).
3
In the “Buy” section, click on the CS2 or Rust skins that you want to buy.
4
Choose your preferred payment options, including credit and debit cards, CashApp, and cryptocurrencies.
5
Your items will be reserved for 30 minutes. Click “Complete Payment” to finish the checkout process. A trade offer will be sent.
6
Confirm the trade offer through Steam by clicking “Accept Trade Offer,” and you will receive your new skins.

How to Sell CS2 and Rust Skins and Cash Out Instantly

In the “Sell” section, you choose from your Steam inventory the skins you want to sell and a preferred payment method and receive the funds within 60 seconds. Here is how it works:

1
Create a SkinSwap account with Steam (only initially).
2
Add a Steam trade URL and a valid email address (only initially).
3
In the “Sell” section, click on the CS2 or Rust skins that you want to sell.
4
Choose your preferred cashout options, including PayPal, Venmo, crypto, or credit to a prepaid card and enter your account details or crypto address, respectively.
5
Confirm the transaction by clicking “Receive Your Funds Instantly.”

How to Trade CS2 Skins and Rust Skins for Other Skins

In the “Trade” section, the CS2 skins or Rust skins from your Steam inventory are displayed, depending on your setting. You can review your skins and select the ones you wish to trade. Here is how it works:

1
Create a SkinSwap account with Steam (only initially).
2
Add a Steam trade URL and a valid email address (only initially).
3
In the “Trade” section, choose the skins you want to trade from your inventory.
4
Select your desired skins from a wide range of available skins on SkinSwap and click the “Trade” button. A trade offer will be sent.
5
Confirm the trade offer through Steam by clicking “Accept Trade Offer,” and you receive your new skins.

Pricing and Fees

Like other trading sites, SkinSwap uses a proprietary pricing algorithm to price skins based mainly on supply and demand, which are driven by factors like rarity and wear condition, grades, floats, and particularly patterns.

Where fees apply, such as card processing fees or network fees for cryptocurrencies, they are clearly stated.

The Soft Factors: Support, Socials, and Community Features

Compared to similar services, SkinSwap puts less emphasis on a comprehensive social media presence and language support.

Help and Live Support

At the time of our review, the Support function on SkinSwap was not functioning.

SkinSwap’s social media presence extends to Discord and Twitter (now X), and it is less remarkable than larger competitors like Skinport or smaller ones like RapidSkins. We like the blog, which has many current and relevant entries.

Language Support

SkinSwap is available only in English. Given the ease of the platform’s use and the transactional nature of customer interaction, we don’t consider this a deficiency.

The Trust Factor: Security, Reviews, and Page Traffic

We assign SkinSwap a high trust factor based on its online reviews and past track record. However, more advanced account protections, such as Two-Factor Authentication (2FA), are not available.

Website and Account Security

SkinSwap meets the standards in transactional and data security. The platform’s website uses secure site communication to ensure its users’ data integrity and the security of their financial transactions. The website has a valid WE1 certificate from Google Trust Services.

Online Reviews and Page Traffic

Comments on Trustpilot and other review sites are overwhelmingly positive. It receives an “excellent” rating on Trustpilot, where it receives 4.3 out of 5.0 stars. With a total of more than 1,200 reviews, 81% of reviewers give it the top rating.

SkinSwap’s popularity results from the brand’s reputation and operational excellence, which are reflected in the following performance indicators (since its launch in December 2021):

Trade volume: SkinSwap has processed over 200,000 successful trades. asd
Number of skins sold: Traders have instantly sold over 300,000 skins on SkinSwap. asd
Customer count: SkinSwap services have been used by over 200,000 customers. asd

According to SimilarWeb, SkinSwap.com receives around 140,000 monthly page visits, making it a mid-sized platform with an inventory large enough to establish critical mass for most traders eager to buy skins or trade skins.

The Fine Print: Background, Ownership & Policies

Based on our review of the platform’s background, ownership, and policies, we believe SkinSwap is legitimate.

Company Background

SkinSwap launched into the rapidly growing and competitive industry of skins and in-game trading in December 2021. The site is operated by the same team that owned RustySell.

License and Ownership

SkinSwap is operated by DES Labs LLC, which is located at 11804 Shadow Run Lane, Glen Allen, VA 23059, United States. No license is required to offer the service.

Regulatory Compliance and Terms of Service

SkinSwap’s terms of service require its customers to comply with the laws and regulations of their country of residence that are relevant to its services. The customer is responsible for any issues that might arise related to compliance.

Of further importance are the following:

SkinSwap may, at their discretion, require KYC (Know Your Customer) verification for payments over a certain amount. asd
SkinSwap users need to be at least 13 years old. However, users who are minors (generally under the age of 18) must be supervised by their parent or guardian to use the platform. asd

SkinSwap has a detailed privacy policy in place that addresses what customer data is collected and shared, how it is stored and for how long, how it is kept safe, and what rights customers have regarding their personal data.

Deposits and Withdrawals on SkinSwap

SkinSwap facilitates instant selling and buying of CS2 skins and Rust skins by providing fast and reliable payment methods.

Depositing Skins – Rust and CS2 Skins

As a trading site for Rust and CS2 skins, SkinSwap requires the customer’s Steam trade URL to facilitate a seamless trading experience to exchange skins and for selling skins.

Depositing Money – Cash and Cryptocurrency

SkinSwap offers the following deposit methods for customers who want to buy skins:

First, customers can deposit funds via Stripe, a payment processor, using credit and debit cards or CashApp. asd
Second, customers can buy SkinSwap gift cards from Kinguin and redeem the gift card code to top up their account balances. Kinguin accepts credit, prepaid, or debit cards issued by Visa and MasterCard and many other payment methods, including PayPal and GPay. asd
Third, SkinSwap lets customers deposit cryptocurrencies via a link to Coinbase. Customers can choose between using their Coinbase account or custodial wallets, including Coinbase Wallet, MetaMask, and others. Customers without a cryptocurrency wallet are offered the option to create one. asd

Depending on deposit amount and preferred payment method, customers receive a deposit bonus of up to 40%. The higher the deposit, the higher the bonus percentage.

Withdrawing Money – How to Cash out

Through various cashout methods and payment partners, SkinSwap offers fast to instant withdrawal of funds.

Withdrawing Balance: Users can withdraw their SkinSwap balance to their bank account via Venmo, credit their PayPal account, send funds to a prepaid Visa card (via payment processor Solcard), or credit funds to their cryptocurrency account. asd
Payout Commission and Fees: Although there is no sales fee, SkinSwap’s “sell exchange rate” is 55%, per the website’s FAQ section, constituting a 45% sales commission (or discount). This is higher than on comparable sites for CS2 skin trading or Rust cashout sites. asd
Payout Processing Time and Fees: Payouts are mostly instant. The site occasionally faces issues with PayPal and cryptocurrency withdrawals, resulting in delayed crediting of funds. SkinSwap doesn’t charge fees but passes any third-party fees on to the customer. asd

For customers who prefer cryptocurrency, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT on the ERC-20 blockchain), and USD Coin (USDC) are available. The payout amount will be reduced by applicable network fees, which are listed along with the crypto exchange rate in the trade summary.