SimpleSwap

Non-custodial swap aggregator offering wallet-to-wallet trading across 2,800+ cryptocurrencies

Exchange No KYC Founded 2018 Oct 21

Visit simpleswap.io

4.1/ 5

Our score

Very good

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Coins listed 2,800

KYC required No

What is SimpleSwap?

SimpleSwap is a non-custodial cryptocurrency swap aggregator that connects to over 20 centralized and decentralized liquidity venues. Launched in April 2018, the service enables wallet-to-wallet trades across more than 2,800 cryptocurrencies and 3.2 million trading pairs without requiring users to register an account or deposit funds into an exchange balance.

How the platform works

Unlike standard centralized exchanges that manage order books and retain user balances, SimpleSwap processes transactions directly between private wallets. A user selects an asset pair, chooses between a floating market rate and a guaranteed fixed rate, and enters a receiving address. After sending the deposit to a generated address, SimpleSwap sources liquidity across connected partners and delivers the converted coins directly to the destination wallet. SimpleSwap supports major networks including Bitcoin, Ethereum, Solana, Monero, Tron, BNB Chain, and TON, and operates on web browsers alongside native mobile apps for iOS and Android.

Pricing and fiat access

Crypto-to-crypto swaps include network transaction costs and partner exchange margins within the displayed rate, with no separate maker or taker fee structure. The fixed-rate option eliminates slippage risk by locking the exchange rate for the duration of the deposit window, while the floating rate calculates the final amount based on real-time execution. Fiat-to-crypto purchases operate under the SimpleBuy service. Through this feature, users can buy over 30 cryptocurrencies using credit or debit cards through external payment processors.

Compliance, KYC, and security history

Basic crypto swaps do not require account registration or upfront identification. However, SimpleSwap uses automated risk-scoring systems under its AML/KYC policies that can flag suspicious deposits, temporarily freezing the transaction until the sender submits identity verification documents. SimpleSwap has actively intercepted criminal fund transfers: in December 2021, the platform halted and froze roughly $250,000 in VeChain tied to the BitMart exchange breach, and in February 2023, it intercepted 300,000 ALGO and 200,000 USDC sent by exploiters of the MyAlgo wallet, returning the assets to the affected parties.

Limitations and risks

The primary trade-off is the cost spread built into quoted conversion rates, which can run higher than dedicated spot order books on custodial exchanges. Because SimpleSwap routes transactions through third-party venues, unexpected volatility or network congestion can delay execution or trigger automated compliance freezes on unverified transfers. The platform also does not offer order-book trading or derivative contracts.

Best for:Registration-free crypto-to-crypto swapsNon-custodial cross-chain transfersTrading rare altcoins without CEX balances

Pros and cons

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

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

Our review

4.1/5

Very good

SimpleSwap enables account-free, non-custodial swaps across more than 2,800 cryptocurrencies, but trades lack traditional order-book pricing and rely on third-party liquidity spreads.

Fees3.0

Security & trust4.0

Asset selection5.0

Ease of use4.5

Support4.0

Launched in 2018, SimpleSwap is a non-custodial swap aggregator rather than an order-book exchange. Users do not need to register an account or deposit assets into exchange wallets. Instead, funds route directly from wallet to wallet across more than 2,800 cryptocurrencies and 3.2 million trading pairs. To execute trades, SimpleSwap routes transactions through more than 20 centralized and decentralized liquidity providers. Users can choose between floating market rates and guaranteed fixed rates.

The service addresses common user friction points regarding counterparty holding risk and user onboarding. Because SimpleSwap holds no custodial balances, traders retain ownership of their private keys until the transaction executes. Over its operational track record, the platform has processed over 20 million swaps for more than 10 million users. The team has also demonstrated active anti-money laundering monitoring: in December 2021, SimpleSwap froze roughly $250,000 in stolen VeChain tied to the BitMart hack, and in February 2023, it intercepted and returned 300,000 ALGO and 200,000 USDC connected to the MyAlgo exploit.

However, the platform has several trade-offs common to instant swap aggregators:

Network fees and liquidity provider spreads are bundled into the quoted exchange rate, making price tracking less transparent than standard order-book maker-taker schedules.
There are no native derivatives, leverage options, margin facilities, or advanced charting tools for high-frequency trading.
Purchasing crypto with fiat through SimpleBuy requires third-party payment gateways that enforce separate identity verification checks and card processing fees.

SimpleSwap suits retail users and privacy-focused traders seeking quick, direct asset swaps between different blockchains without opening custodial exchange accounts. Active traders who rely on deep order books and limit orders should look to conventional centralized exchanges instead.

Listings are researched and drafted with AI assistance from public sources, then checked for accuracy and readability. Spot an error? Tell us. Editorial policy.

Sources (4)

Specs

Markets	Spot · unverified
Coins listed	2,800 · unverified
Fiat deposit methods	Card · unverified
KYC required ⓘ	No · unverified
Mobile app	Yes · unverified
Security features	Non-custodial architecture, Direct wallet settlements · unverified
Futures & perpetuals	No · unverified
Copy trading	No · unverified
P2P market	No · unverified
Referral program	Yes · unverified

Not disclosed by the provider: Maker fee, Taker fee, Accepts US customers, Proof of reserves, Staking / earn, Licenses & registrations, Max leverage (x), Earn / savings products, User protection fund.

Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.

Key features

Multi-source swap routing

Aggregates liquidity across more than 20 centralized and decentralized exchanges to execute wallet-to-wallet swaps.

Broad asset catalog

Supports trades across more than 2,800 cryptocurrencies and 3.2 million trading pairs.

Fixed and floating rates

Lets traders choose between a locked rate that avoids price slippage and a floating rate based on real-time execution.

Card purchases via SimpleBuy

Enables fiat purchases for more than 30 cryptocurrencies using debit and credit cards through third-party gateways.

Mobile applications

Provides standalone non-custodial apps on iOS and Android with over 100,000 mobile installs.

Round-the-clock support

Maintains 24/7 customer assistance via live chat on the official website and email at [email protected].

Inside SimpleSwap

Crypto Exchange

Executes wallet-to-wallet crypto swaps across 2,800+ digital assets using either fixed or floating market rates.

Buy Crypto (SimpleBuy)

Allows users to purchase more than 30 cryptocurrencies using debit and credit cards via integrated fiat payment gateways.

Mobile App

Provides self-custodial exchange features and swap tracking on dedicated iOS and Android mobile applications.

Loyalty & Affiliate Program

Offers cashback rewards on completed swaps alongside developer tools including an API, widgets, and referral links.

SimpleSwap screenshots

FAQ: The SimpleSwap FAQ page shows an expanded explanation of the service and a list of additional questions · Oct 21, 2026

Docs: SimpleSwap API documentation displays a Getting Started guide for partner API integration · Oct 21, 2026

Buy Crypto (SimpleBuy): The SimpleSwap Buy Crypto page shows a credit-card purchase form with USD and BTC fields, supported payment methods, and supported… · Oct 21, 2026

What users say about SimpleSwap

App Store 3.8/5 4 ratings

SimpleSwap provides non-custodial swaps, broad asset support, and direct wallet-to-wallet transactions without mandatory account registration. However, users have reported sudden transaction freezes requiring unexpected verification.

Top goods

No mandatory account registration 4 people 1 2 3
Convenient wallet-to-wallet non-custodial swaps 3 people 1 2 3

Top bads

Swaps delayed or stuck 2 people 1 2
Funds frozen for sudden verification 2 people 1 2

In their own words

“Best friendly Crypto exchange? just tried to swap 2800£ of btc to usdc on simpleswap.io and they froze it instantly and asked for a bunch of info. any other sites or tips for swapping this kind of amount without getting the funds frozen? thanks in advance”

Reddit · r/BitcoinUK · Oct 8, 2026 · View post

“no funds in wallet hi i recently made an exchange using simpleswap.io to swap BTC to XMR. It has been a day now and i still have not received the funds and nothing has appeared in my transaction history, is there someway i can contact monero support or has anyone else had this problem.”

Reddit · r/monerosupport · Feb 27, 2026 · View post

“Simpleswap.io I have been using them for years and never kyc’d”

Reddit · r/ledgerwallet · May 14, 2026 · View post

“I used it works from any wallet: you put your AKT destination address, you send any cryptocurrency (I used SOL) to their one-time-use address and it swaps it and sends it to your AKT destination address.”

Reddit · r/akashnetwork · Mar 20, 2026 · View post

“Why not SimpleSwap.io? Instant, non-custodial. Paste your Ledger USDC address, send BTC. Easy peasy!”

Reddit · r/CryptoExchange · Oct 30, 2025 · View post

Scam warning: Phishing sites using lookalike domains (such as simpleswap-app.to) or clipboard/QR hijackers target users attempting to swap funds.

Based on 200 Reddit posts and comments from the last 12 months, checked Oct 21, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.

User reviews

No user reviews yet. Have you used SimpleSwap? Share your experience below.

FAQ

What is SimpleSwap and how does it work?

SimpleSwap is a non-custodial crypto exchange aggregator launched in 2018. It sources liquidity from over 20 centralized and decentralized venues to execute wallet-to-wallet trades without storing user funds.

Do I need to complete KYC to use SimpleSwap?

Registration and identity verification are not required for standard crypto-to-crypto swaps. However, fiat purchases via third-party card processors and transactions flagged by risk monitoring may trigger KYC checks.

What fees does SimpleSwap charge?

SimpleSwap does not charge separate maker-taker fees; instead, partner liquidity costs and network fees are built directly into the floating or fixed swap rate presented before trade confirmation.

Is SimpleSwap safe to use?

SimpleSwap is non-custodial, meaning it never holds your crypto balances long-term. The platform has an active record of screening illicit funds, including freezing and recovering assets from the BitMart and MyAlgo exploits.

How many cryptocurrencies does SimpleSwap support?

SimpleSwap supports more than 2,800 cryptocurrencies and over 3.2 million trading pairs across major chains including Bitcoin, Ethereum, Solana, and Monero.

What is the difference between fixed and floating rates on SimpleSwap?

A floating rate recalculates your final output based on live market pricing when the deposit arrives, whereas a fixed rate guarantees the exact amount of crypto displayed at trade initiation regardless of price swings.

Latest from SimpleSwap on X

SimpleSwap

@SimpleSwap_io · 82.2K followers

Oct 31, 2026

$300 in USDT Halloween Crypto Art Giveaway 🎃

The wallet hunt kept a lot of you on edge this week, and many of you asked for a classic giveaway too. So our friends at @SwapSpaceCo joined us for one more Halloween surprise.

Your task: create an image of how your crypto portfolio would look on Halloween night.

Draw it, design it or generate it with AI. A haunted house full of bags, zombie altcoins, a lonely stablecoin hiding in the corner: it's your portfolio, your story.

How to enter:
1️⃣ Follow @SimpleSwap_io and @SwapSpaceCo
2️⃣ Quote-repost this post with your image
3️⃣ Tag both @SimpleSwap_io and @SwapSpaceCo in your post and add #SimpleSwapxSwapSpace

10 winners, $30 in USDT each
🗓 Entries close Nov 4 at 23:59 UTC. Winners announced by Nov 6.

How we pick winners:
All valid entries go into one list, and we draw 10 winners on https://t.co/Rd5aLcpVhs. We'll record the screen and publish the video together with the results.

Entries without an image or without both tags won't count.

193 256 429 15.6K View on X

Oct 31, 2026

Round 2 ends tonight, and this one is meant to be hard. Words #1 and #10 are riddles on the image. Words #6 and #8 stay hidden on purpose.

You have 24 hours to crack the full phrase. If nobody claims the wallet by Nov 1, 19:00 UTC, the community decides what happens next: we raffle the reward among everyone who took part, or we post the final two clues.

Reward Wallet #2 (Solana):

Track it live: https://t.co/3R0hNBJ2JC

Gas is already inside. If anyone asks you to send funds to "unlock" it, that's not us.

17 6 39 2.8K View on X

Oct 31, 2026

On January 10, 2009, Hal Finney posted two words on Twitter: "Running bitcoin." He was one of the very first people to download the software and run it. Two days later, Satoshi sent him 10 BTC, the first Bitcoin transaction ever made.

Hal kept supporting Bitcoin for the rest of his life. Those two words are still one of the most quoted tweets in crypto.

What's the first crypto transaction you remember making?

7 4 31 2K View on X

Oct 30, 2026

In 2016, an attacker drained about 3.6 million ETH from The DAO. Ethereum rolled it back with a hard fork, and the chain that refused still runs today as Ethereum Classic. We told the full story, and other moments when crypto's code broke, on our Blog: https://t.co/NnkwpEeJuK. Read it closely: one of the words is waiting for you inside.

Would you have voted for the rollback?

7 2 31 2.1K View on X

Oct 29, 2026

Round 2 starts now, and this time it's harder. The words won't sit in plain sight anymore: they're hidden inside the images and the stories, with their positions. And on Oct 31 at 19:00 UTC, the final key will arrive as riddles. The most attentive hunter wins.

Here's your first clue: two words are hiding in the image, and one is somewhere in the story below.

Two Guesses Left 🔒

A programmer owns 7,002 BTC locked on an encrypted drive. He forgot the password. The drive wipes itself after 10 wrong tries. He has used 8. Now he has no CUSHION for mistakes. One careless guess, and the fortune is gone for good.

What would you do with your last two tries?