Extsy vs SimpleSwap

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

Extsy2.9/5
VS
Feature
Ratings
Our score2.9/54.1/5
User ratingNo reviews yetNo reviews yet
Fees2.53.0
Security & trust3.04.0
Asset selection3.05.0
Ease of use3.54.5
Support2.54.0
Specs
MarketsSpot, Futures, P2PSpot
Coins listedNot disclosed2,800
Fiat deposit methodsCard, Apple Pay, Google Pay, P2PCard
KYC requiredNot disclosed No
Staking / earn YesNot disclosed
Mobile appNot disclosed Yes
Security featuresNot disclosedNon-custodial architecture, Direct wallet settlements
Futures & perpetuals Yes No
Copy tradingNot disclosed No
P2P market Yes No
Earn / savings products YesNot disclosed
Referral program Yes Yes
Company
Founded20252018
Headquarters——
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Virtual card integrates with Apple Pay and Google Pay for retail spending
  • Smart contract for the native XTSY token audited by Hacken in September 2025
  • Fiat onramp accepts Visa and Mastercard debit and credit purchases
  • Built-in escrow system protects peer-to-peer trading settlements
  • 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
  • Centralized custody model exposes user balances to platform counterparty risk
  • Short operational track record following its launch in April 2025
  • Derivatives trading exposes capital to liquidation risk
  • 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 forTraders using mobile virtual cards, Users buying crypto with cards, Peer-to-peer crypto tradersRegistration-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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