GOPAX vs SimpleSwap

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

GOPAX3.0/5
VS
Feature
Ratings
Our score3.0/54.1/5
User ratingNo reviews yetNo reviews yet
Fees3.03.0
Security & trust3.04.0
Asset selection3.05.0
Ease of use3.04.5
Support3.04.0
Specs
MarketsSpotSpot
Coins listedNot disclosed2,800
Fiat deposit methodsBank transferCard
KYC required Yes No
Accepts US customers NoNot disclosed
Mobile app Yes Yes
Licenses & registrationsKoFIU VASPNot disclosed
Security featuresNot disclosedNon-custodial architecture, Direct wallet settlements
Futures & perpetuals No No
Copy trading No No
P2P market No No
Referral programNot disclosed Yes
Company
Founded20172018
Headquarters——
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Established domestic operational history with web domain registered in June 2017
  • Spot access to leading liquid crypto assets including BTC, ETH, SOL, and XRP
  • Native mobile apps available on both Google Play and Apple App Store
  • Regular market research reports on stablecoin premiums and macro indicators
  • 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
  • Strict identity verification restricts access primarily to South Korean residents
  • Centralized custody exposes account balances to platform solvency and freeze risks
  • Platform interface and primary support materials are focused in Korean
  • 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 forSouth Korean spot crypto traders, Traders using mobile Korean exchanges, Users tracking domestic market premiumsRegistration-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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