SimpleSwap vs WhiteBIT

SimpleSwap4.1/5

VS

WhiteBIT3.7/5

Feature	SimpleSwapVisit	WhiteBITVisit
Ratings
Our score	4.1/5	3.7/5
User rating	No reviews yet	No reviews yet
Fees	3.0	3.5
Security & trust	4.0	4.0
Asset selection	5.0	3.5
Ease of use	4.5	4.0
Support	4.0	3.5
Specs
Markets	Spot	Spot, Futures, Copy trading
Coins listed	2,800	Not disclosed
Fiat deposit methods	Card	Bank transfer, Card, SEPA
KYC required	No	Yes
Accepts US customers	Not disclosed	No
Staking / earn	Not disclosed	Yes
Mobile app	Yes	Not disclosed
Licenses & registrations	Not disclosed	Austria FMA MiCA License, National Bank of Georgia Broker License
Security features	Non-custodial architecture, Direct wallet settlements	API key IP whitelisting, Segregated sub-accounts
Futures & perpetuals	No	Yes
Copy trading	No	Yes
P2P market	No	Not disclosed
Earn / savings products	Not disclosed	Yes
Referral program	Yes	Yes
Company
Founded	2018	2018
Headquarters	—	Lithuania
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	Holds a MiCA license from the Austrian Financial Market Authority Direct EUR deposits and payouts supported via SEPA Segregated sub-account architecture for institutional lending and trading MCP server and CLI for terminal-based and programmatic trading
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	Does not accept customers from the US, the UK, or Canada Centralized custody exposes funds to counterparty risk Derivatives are not covered under its EEA MiCA authorization No public testnet sandbox for testing API integrations
Best for	Registration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances	EEA residents trading spot with euros, Institutional partners needing sub-account APIs, Traders using AI automation tools

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.

More comparisons