SimpleSwap vs Swyftx

SimpleSwap4.1/5

VS

Swyftx3.6/5

Feature	SimpleSwapVisit	SwyftxVisit
Ratings
Our score	4.1/5	3.6/5
User rating	No reviews yet	No reviews yet
Fees	3.0	3.0
Security & trust	4.0	3.5
Asset selection	5.0	3.5
Ease of use	4.5	4.0
Support	4.0	4.0
Specs
Markets	Spot	Spot
Coins listed	2,800	Not disclosed
Fiat deposit methods	Card	Not disclosed
KYC required	No	Yes
Accepts US customers	Not disclosed	No
Mobile app	Yes	Yes
Security features	Non-custodial architecture, Direct wallet settlements	Not disclosed
Futures & perpetuals	No	Not disclosed
Copy trading	No	Not disclosed
P2P market	No	Not disclosed
Referral program	Yes	Not disclosed
Company
Founded	2018	2018
Headquarters	—	Australia
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	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	Domain first archived in August 2018 Focused on Australian and Oceanian users Account-security settings and transaction reports Dedicated support knowledge base covering trades, verification, and funding
Cons	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	Mandatory KYC identity verification prevents anonymous trading US customers cannot use the exchange
Best for	Registration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances	Australian retail crypto buyers, Traders needing fiat funding, Users needing transaction reports

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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