Step-by-step guide · 2026

How does SimpleSwap work?

A practical walkthrough of using the SimpleSwap exchange to swap crypto wallet-to-wallet — from choosing a rate type to receiving funds.

In short

Using SimpleSwap means picking a pair and amount, choosing a fixed or floating rate, entering a receiving wallet address, and letting the aggregator route the trade across its liquidity providers — most of this requires no account.

No account needed for most crypto-to-crypto swaps.
Two rate types — fixed or floating — chosen before you confirm.
Self-custodial — funds go straight to your wallet, no standing balance held.
Fiat purchases route through a third-party provider, which may apply its own KYC.

Independent walkthrough · Informational only, not financial advice

Walkthrough

A SimpleSwap trade, step by step

The general flow for a crypto-to-crypto swap on SimpleSwap.

Choose your trading pair and amount

Select the cryptocurrency you're sending and the one you want to receive. SimpleSwap supports 2,800+ cryptocurrencies and 3.2M+ trading pairs, so most common (and many less common) pairs are available.

Pick a fixed or floating rate

A fixed rate locks in the exchange rate for that swap. A floating rate can move with the market between the quote and execution. Both are offered on the SimpleSwap crypto exchange.

Enter the receiving wallet address

Because swaps move directly wallet-to-wallet, most crypto-to-crypto swaps can be started without creating an account — you just supply the address the swapped crypto should land in.

Send the funds and let SimpleSwap route the trade

As a multi-source aggregator, SimpleSwap routes the order across 20+ CEX and DEX liquidity providers to fill it, rather than matching it against a single order book.

Receive crypto directly to your wallet

SimpleSwap is self-custodial, so it does not hold a long-term balance of your funds — the swapped crypto is sent on to your wallet rather than kept in an account.

Optional steps

Fiat purchases, accounts & verification

Not every user needs these, but here's how they work when you do.

Buying with fiat: if you're starting from cash rather than existing crypto, fiat-to-crypto purchases on SimpleSwap are handled through third-party payment providers. Those providers may run their own KYC checks as part of completing the purchase — this is separate from the crypto-to-crypto swap flow above.

Creating an account: entirely optional for most swaps, but it unlocks the SimpleSwap Loyalty Program and other account features. SimpleSwap may also request additional verification directly in defined compliance scenarios, regardless of whether a third-party payment provider is involved.

Rate type	Best understood as
Fixed	Rate locked at the quote — the amount you're set to receive is set before you send funds.
Floating	Rate tracks the live market until the swap executes.

Where to do this

Using SimpleSwap on web or mobile

The steps above work the same whether you're using SimpleSwap on the web at simpleswap.io, or through the iOS and Android apps. You may also come across SimpleSwap without realizing it, since its swap widget is integrated into 6,000+ partner wallets and crypto products — the same underlying routing and rate options apply there too.

Ready to try it yourself?

Start a swap directly on the official SimpleSwap site.

Go to simpleswap.io