Compare LetsExchange vs SimpleFX
On this page, you can compare LetsExchange with SimpleFX. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. LetsExchange was founded in 2020 in Seychelles. SimpleFX was founded in 2014 in Saint Vincent and the Grenadines.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is SimpleFX. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
LetsExchange is Centralized and SimpleFX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
LetsExchange doesn't have a mobile app. SimpleFX has a mobile app available for iOS and Android.
SimpleFX has 19 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai and Romanian.
| Company | ||
|---|---|---|
| User rating | 14 user reviews | 18 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 14 user reviews | 18 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.
|
SimpleFX is a trading platform supporting different classes of assets including cryptocurrency. The platform was founded in 2014. It is registered in Saint Vincent and the Grenadines.
|
Founding Date
| 2020 | 2014 |
Country
| Seychelles | Saint Vincent and the Grenadines |
Type
| Centralized | Centralized |
Languages
| No data | English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai, Romanian |
Mobile app
| - | iOS, Android |
Full address
| No data | No data |
Fees
| No data | No data |
| About |
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.
|
SimpleFX is a trading platform supporting different classes of assets including cryptocurrency. The platform was founded in 2014. It is registered in Saint Vincent and the Grenadines.
|
|---|---|---|
| Founding Date | Founding Date 2020 | Founding Date 2014 |
| Country | Country Seychelles | Country Saint Vincent and the Grenadines |
| Type | Type Centralized | Type Centralized |
| Languages | Languages No data | Languages English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai, Romanian |
| Mobile app | Mobile app - | Mobile app iOS, Android |
| Full address | Full address No data | Full address No data |
| Fees | Fees No data | Fees No data |
Trading
LetsExchange trading volume is 0. The exchange has 40000 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
SimpleFX trading volume is 0. The exchange has 16 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 0 | 0 |
Pairs
| 40000 | 16 |
Coins
| 200 | 16 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Transaction Mining | No Fees |
Margin
| - |
| Volume | Volume 0 | Volume 0 |
|---|---|---|
| Pairs | Pairs 40000 | Pairs 16 |
| Coins | Coins 200 | Coins 16 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Transaction Mining | Fees No Fees |
| Margin | Margin - | Margin |
Safety
Two factor authentication
| - |
Verified
| Verified | Unverified |
| Two factor authentication | Two factor authentication - | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Unverified |
Social
Website
| letsexchange.io | simplefx.com |
| @letsexchange_io | @SimpleFXcom |
Number of followers
| 6200 | 2300 |
| Website | Website letsexchange.io | Website simplefx.com |
|---|---|---|
| Twitter @letsexchange_io | Twitter @SimpleFXcom | |
| Number of followers | Number of followers 6200 | Number of followers 2300 |
Rating
| User rating | 14 user reviews | 18 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
LetsExchange user rating is 2.9, based on 14 user reviews. SimpleFX user rating is 5, based on 18 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare LetsExchange with SimpleFX. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. LetsExchange was founded in 2020 in Seychelles. SimpleFX was founded in 2014 in Saint Vincent and the Grenadines.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is SimpleFX. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
LetsExchange is Centralized and SimpleFX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
LetsExchange doesn't have a mobile app. SimpleFX has a mobile app available for iOS and Android.
SimpleFX has 19 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai and Romanian.