SimpleSwap | Cryptocurrency Exchange | Easy way to swap Crypto

SimpleSwap Review 2026: The Complete Guide to Instant Crypto Swaps

1. Quick Answer: What is SimpleSwap?

SimpleSwap.io is a non-custodial cryptocurrency exchange that allows users to swap one crypto asset for another without creating an account or completing KYC verification . Launched in 2018, it functions as a swap aggregator—meaning it doesn’t hold your funds or run its own order book. Instead, it routes your transaction through external liquidity providers to get you the best available rate .

Key Takeaway: If you want a quick, private crypto-to-crypto swap directly between your wallets, SimpleSwap is a solid choice. If you need advanced trading tools or the absolute lowest fees, look elsewhere .

2. How SimpleSwap Works (The 30-Second Explainer)

Unlike traditional exchanges (Binance, Coinbase) where you deposit funds into their custody, SimpleSwap operates wallet-to-wallet .

The 4-Step Process:

1. Select Pair: Choose what you are sending and what you want to receive (e.g., BTC to ETH).

2. Enter Address: Provide the wallet address where you want to receive the new crypto.

3. Send Deposit: SimpleSwap gives you a temporary deposit address. You send your funds there.

4. Receive Swap: The platform routes the order, and the converted crypto lands in your wallet .

User Query Solution: Does SimpleSwap hold my funds? No. The platform is non-custodial, meaning funds move directly through the swap process and are never stored on SimpleSwap long-term .

3. Key Features (What Makes It Unique)

Here are the specific features that users ask about most often:

A. The SimpleSwap Bridge (Cross-Chain Swaps)

• User Query: Can I swap tokens across different blockchains?

• Answer: Yes. SimpleSwap acts as a bridge between disparate networks. You can swap native Bitcoin (BTC) for Ethereum (ETH) or BNB for Solana (SOL) seamlessly without manually using a separate bridge tool .

B. SimpleSwap.io App (Mobile Experience)

• User Query: Is there a SimpleSwap mobile app?

• Answer: Yes. The SimpleSwap.io App is available for both iOS and Android . It offers the same no-registration swapping experience as the web version, plus portfolio tracking features .

D. Loyalty Program (BTC Cashback)

• User Query: Does SimpleSwap have rewards?

• Answer: Yes. By creating a free customer account (email sign-up), you join the Loyalty Program. You earn Bitcoin cashback on every swap, ranging from 0.05% to 0.4% depending on your trading volume (Bronze to Platinum tiers) .

4. Supported Assets & Privacy (EEAT Focus)

SimpleSwap Crypto Support

• User Query: What coins does SimpleSwap support?

• Answer: SimpleSwap supports over 1,500 cryptocurrencies and 2,800+ via partner integrations . This includes major players like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), Solana (SOL), and privacy coins like Monero (XMR) .

KYC Policy (The Privacy Standard)

• User Query: Do I need to upload my ID?

• Answer: No KYC is required for standard crypto-to-crypto swaps . This is the platform's biggest selling point for privacy-focused users. However, if you use the fiat on-ramp (buying crypto with a credit card via partners like Mercuryo), those third-party partners may require verification .

5. Fees & Limits (Transparency Check)

One of the most common user queries is about hidden costs. Here is the reality of SimpleSwap Exchange fees :

• Service Fee: SimpleSwap does not charge a separate "withdrawal fee." Instead, the fee is embedded in the exchange rate. Expect an effective fee of roughly 0.5% to 2% .

  • Floating Rate: ~1.21% markup.

  • Fixed Rate: ~2.02% markup (higher due to market risk protection).

• Network Fee (Gas): You must pay the standard blockchain network fee to send your initial deposit to SimpleSwap.

• Limits: There are no hard limits for crypto-to-crypto swaps. You can swap $10 or $100,000 .

User Query Solution: Why is the rate different from CoinMarketCap? Because SimpleSwap adds a small spread (markup) to the mid-market rate to facilitate the instant conversion service. You are paying for convenience and speed .

6. Security & Trust (Is it Legit?)

Following Google EEAT, we must weigh both authority and user sentiment.

The Good (Expertise & Authority)

• Non-Custodial: By not holding user funds long-term, SimpleSwap avoids the "exchange hack" risk that plagues platforms like Mt. Gox or FTX .

• Integrations: It has partnered with major hardware wallet Ellipal to provide in-wallet swapping, proving its infrastructure is trusted by security-first companies .

• Volume: The platform has processed over 2 million swaps and $50 Billion in trading volume since launch .

The Concerns (Trustworthiness)

• Trustpilot Removal: SimpleSwap was removed from Trustpilot due to issues with fake reviews. Currently, aggregate review sites show a mixed picture: ~80% 5-star reviews but ~13% 1-star reviews .

• Customer Support: Some users report slow resolution times for "stuck transactions" .

Verdict: SimpleSwap is not a scam, but it is an automated tool. If the transaction goes perfectly (which it does 99% of the time), you are happy. If the network lags or you send the wrong amount, support can be slow to respond.