SimpleSwap FAQ
Direct answers to the questions people ask most when researching SimpleSwap.
Common SimpleSwap questions, answered
What is SimpleSwap?
SimpleSwap is a self-custodial, multi-source crypto swap aggregator that has operated since 2018. It lets users exchange cryptocurrency wallet-to-wallet by routing orders across 20+ CEX and DEX liquidity providers.
Is SimpleSwap safe to use?
SimpleSwap is self-custodial, so it doesn't hold a long-term balance of your funds, and it has operated since 2018. As with any crypto service, it's still worth confirming you're on the official domain, simpleswap.io, before sending funds. This answer is informational, not financial advice.
Do I need to create an account to use SimpleSwap?
No — most crypto-to-crypto swaps can be started without creating an account. Creating one is optional and unlocks the SimpleSwap Loyalty Program and other account features.
Does SimpleSwap require KYC verification?
Not universally. Crypto-to-crypto swaps on the SimpleSwap crypto exchange generally don't require ID upfront, but additional verification may be requested in defined compliance scenarios, and fiat-to-crypto purchases through third-party payment providers may involve that provider's own KYC requirements.
What cryptocurrencies does SimpleSwap support?
SimpleSwap supports 2,800+ cryptocurrencies and 3.2M+ trading pairs, sourced through 20+ CEX and DEX liquidity providers.
What's the difference between fixed and floating rates on SimpleSwap?
A fixed rate locks in the exchange rate at the time of the quote. A floating rate can move with the market between the quote and when the swap executes. The SimpleSwap exchange offers both options.
Can I buy crypto with a card or bank transfer on SimpleSwap?
Yes — fiat-to-crypto purchases are available through third-party payment providers integrated with SimpleSwap. These providers may apply their own KYC requirements as part of the purchase.
Does SimpleSwap have a mobile app?
Yes. SimpleSwap is available on web and through both iOS and Android apps.
What is the SimpleSwap Loyalty Program?
It's an optional feature unlocked by creating a SimpleSwap account, alongside other account-based features. It is not required to swap crypto.
Does SimpleSwap hold my cryptocurrency?
No. SimpleSwap is self-custodial, so swaps move wallet-to-wallet and users do not maintain a long-term cryptocurrency balance on the platform.
What is the official SimpleSwap website?
The only official SimpleSwap domain is simpleswap.io. Treat any other domain claiming to be SimpleSwap, or asking you to "verify" your wallet elsewhere, with caution.
Still have questions?
The most current details are always on the official SimpleSwap site.
Go to simpleswap.io