Revolut vs SimpleSwap

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

Revolut4.0/5
VS
Feature
Ratings
Our score4.0/54.1/5
User ratingNo reviews yetNo reviews yet
Fees4.53.0
Security & trust4.04.0
Asset selection3.55.0
Ease of use4.54.5
Support3.54.0
Specs
MarketsSpotSpot
Maker fee0%Not disclosed
Taker fee0.09%Not disclosed
Coins listedNot disclosed2,800
Fiat deposit methodsBank transfer, Card, Apple Pay, Google Pay, SEPA, Faster PaymentsCard
KYC required Yes No
Accepts US customers NoNot disclosed
Staking / earn YesNot disclosed
Mobile app Yes Yes
Licenses & registrationsFCA UK Banking Licence, ECB Banking Licence, CNBV Mexico Banking Licence, UK FCA Cryptoasset RegistrationNot disclosed
Security featuresTwo-factor authentication, Biometric login, Card freezing, Virtual disposable cardsNon-custodial architecture, Direct wallet settlements
Futures & perpetuals No No
Copy trading No No
P2P market No No
Earn / savings products YesNot disclosed
Referral program Yes Yes
Company
Founded20152018
HeadquartersUnited Kingdom—
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Zero maker fees and low 0.09% taker fees on Revolut X
  • Full UK and European Central Bank banking authorizations
  • Free fiat deposits from connected Revolut multi-currency accounts
  • Serving over 70 million registered users globally
  • 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
  • Crypto services unavailable to residents of the United States
  • Mandatory KYC identity verification for all accounts
  • External crypto withdrawals incur network fees plus a Revolut service charge
  • September 2022 cyber attack compromised data of over 50,000 customers
  • 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 forUK and EEA crypto traders, Retail bank account holders, Low-cost maker order 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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