SimpleSwap Review: No KYC Crypto Exchange

Summary

SimpleSwap exchange stands as an instant crypto exchange, operating on the fundamental principle of facilitating easy and efficient trading experiences for users. There is no need for a complex verification process, as the service offers its customers swift cryptocurrency exchanges without it. 

The platform was meticulously crafted to address a wide spectrum of trading needs within the cryptocurrency community, solidifying its status as a preferred and reliable option in the dynamic world of crypto exchanges. This SimpleSwap review delves into the core aspects of the platform, exploring its origins, user base, management, and operational dynamics.

Full SimpleSwap Review

This platform helps to swap crypto as seamlessly and conveniently as possible. Let’s take a look at pros and cons of the service. 

For Whom is This SimpleSwap Review

This SimpleSwap review is aimed at both novice and professional cryptocurrency traders searching for an efficient platform for their crypto transactions. Those interested in anonymous trading without the hassle of a registration process may find this platform particularly appealing.

History of SimpleSwap

Founded in 2018, the platform has rapidly grown to become a notable player in the Crypto World. SimpleSwap was established with the vision of introducing a seamless  solution  to swap a wide variety of cryptocurrencies effortlessly.

Platform’s success can be attributed to its dedicated team of professionals. The exchange has formed strategic partnerships with reputable organizations in the blockchain and cryptocurrency space, contributing to its credibility and reliability. You may find such companies as Binance, Kucoin, OKX, Conflux etc among its exchange partners.

How SimpleSwap Works

Platform’s  operational model is designed to streamline the crypto exchange process. Users can initiate transactions without the account. Just click on the desired cryptocurrency, type in the wallet address, and complete the swap. It is easy as that — crypto enthusiasts are just a few clicks away from swapping their favorite crypto.

SimpleSwap Deposit and Withdrawal Options

The platform supports a variety of deposit and withdrawal options, offering users flexibility in managing their funds. Accepted payment methods include crypto and fiat, providing convenience for users across different regions.

Supported Countries

Platform’s global reach extends to many countries, allowing users almost from anywhere to participate in crypto swapping.

SimpleSwap Fees and Charges

Review of SimpleSwap fees is an important thing to do, before committing the first swap. The platform applies a nominal fee of 4.95% on fiat deposits. While with crypto-to-crypto swaps, it furnishes customers with a specific rate determined by prevailing market rates. There are no charges associated with the initiation of an account.

Limits and Liquidity

Platform does not impose limits on cryptocurrency exchanges; nevertheless, the blockchain incurs its network fees. Therefore, it is imperative that the sent amount adequately covers all associated network fees.

SimpleSwap Privacy

As we already mentioned, privacy is a key focus for the platform. The option for anonymous trading without registration appeals to users who prioritize secrecy in their transactions. The platform’s commitment to user data protection is outlined in its privacy policy.

Security and Verification Levels

Service employs high quality security protocols to ensure the protection of users’ funds and personal information. These measures include the implementation of advanced encryption techniques, the utilization of secure cold storage for the majority of funds, and the conduct of routine security audits.

Sign-Up Process at SimpleSwap

Signing up on SimpleSwap is a hassle-free process. Users interested in creating an account can follow a few simple steps, providing the necessary information to start trading securely. Users have the option to create an account by providing their credentials or alternatively, they can log in using their Google or Facebook accounts.

Top perks

SimpleSwap was on the market for more than 5 years now and it never stopped improving. That means now this platform has a lot of perks that it can offer to its customers. Let’s take a look at all of them.

Instant Swaps

Users can exchange one digital asset for another without enduring long waiting periods. This real-time exchange capability enhances user experience, making transactions swift and efficient.

No Registration Required

Company does not require users to create accounts. This approach preserves users privacy, and lets them start swapping crypto immediately without the hassle of registration processes.

Wide Range of Cryptocurrencies

The platform provides 1500+ assets to choose from. Such a diverse selection of cryptocurrencies, includes widely recognized options like BTC and ETH, as well as uncommon coins like MANTA, XAI, AI, SUI. This extensive variety empowers users to explore a myriad of investment opportunities and swap crypto in order to diversify…