Collect and Exchange vs SimpleSwap

Collect and Exchange3.5/5

VS

SimpleSwap4.1/5

Feature	Collect and ExchangeVisit	SimpleSwapVisit
Ratings
Our score	3.5/5	4.1/5
User rating	No reviews yet	No reviews yet
Fees	3.0	3.0
Security & trust	4.0	4.0
Asset selection	3.5	5.0
Ease of use	3.5	4.5
Support	3.5	4.0
Specs
Markets	Spot	Spot
Coins listed	3,000	2,800
Fiat deposit methods	Bank transfer, SEPA	Card
KYC required	Yes	No
Accepts US customers	No	Not disclosed
Staking / earn	No	Not disclosed
Mobile app	Yes	Yes
Licenses & registrations	CySEC CASP003/25 (MiCA)	Not disclosed
Security features	Cold storage, AML transaction screening, Segregated customer funds	Non-custodial architecture, Direct wallet settlements
Futures & perpetuals	No	No
Copy trading	No	No
P2P market	No	No
Earn / savings products	No	Not disclosed
Referral program	Yes	Yes
Company
Founded	2024	2018
Headquarters	Cyprus	—
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	Licensed by CySEC under EU MiCA framework (CASP003/25) No recurring subscriptions or monthly account maintenance fees Direct crypto-to-fiat settlement into dedicated business IBAN accounts Segregated cold wallet custody with automated AML transaction screening	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	Mandatory KYC identity verification prevents anonymous trading No margin, futures, or leveraged derivative trading markets Centralized custodial risk during token holding and payment processing	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 for	EU businesses accepting crypto payments, Merchants wanting direct IBAN settlements, European spot crypto-to-fiat conversions	Registration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

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