Blockchain.com vs SimpleSwap

How Blockchain.com vs SimpleSwap compare on our ratings, exchange specs, funding, pros and cons.

VS
Feature
Ratings
Our score3.7/54.1/5
User ratingNo reviews yetNo reviews yet
Fees3.03.0
Security & trust3.54.0
Asset selection4.55.0
Ease of use4.54.5
Support3.04.0
Specs
MarketsSpot, Futures, Options, OTCSpot
Coins listed5,7002,800
Fiat deposit methodsNot disclosedCard
KYC requiredNot disclosed No
Staking / earn YesNot disclosed
Mobile app Yes Yes
Security featuresSelf-custodial wallet optionNon-custodial architecture, Direct wallet settlements
Futures & perpetuals Yes No
Copy tradingNot disclosed No
P2P marketNot disclosed No
Earn / savings products YesNot disclosed
Referral programNot disclosed Yes
Company
Founded20112018
HeadquartersUnited Kingdom—
InvestorsBaillie Gifford, Moore Strategic Ventures, Lightspeed Venture Partners, Mosaic VenturesNot disclosed
Strengths and weaknesses
Pros
  • Established track record operating continuously since 2011
  • Choice between custodial exchange trading and private key self-custody
  • Broad asset coverage with over 5,700 tokens supported
  • 4.7/5 rating across 178,000 Apple App Store reviews
  • No account registration required for standard crypto-to-crypto swaps
  • Non-custodial model delivers converted assets directly to personal wallets
  • Extensive catalog covering more than 2,800 cryptocurrencies
  • Choice between fixed guaranteed rates and floating market rates
Cons
  • Absorbed a $270M default loss in 2022 following the Three Arrows Capital collapse
  • Derivatives and options trading remain restricted across multiple regions including the US
  • Built-in exchange spreads can exceed traditional spot order-book trading fees
  • Transactions flagged by automated AML risk scoring trigger sudden KYC holds
  • No order books, limit orders, futures, or margin trading
  • Fiat purchases rely on third-party processors with separate fees and verification
Best forInvestors wanting self-custody and exchange trading together, Traders seeking short-term crypto options contracts, Mobile users prioritizing high app store reliabilityRegistration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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