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SimpleSwap Exchange Review 2024 - Is It Safe?

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Country: International
Launched: 2018
Pairs: 300
Mobile app: iOS, Android
Grade points: 0.00
Expert Review
Jun 08, 2020

SimpleSwap is a non-custodial cryptocurrency exchange platform that provides users with a fast, secure and easy-to-use platform to exchange cryptocurrencies. The platform was founded in 2017 and has since grown to become one of the leading cryptocurrency exchanges in the industry.

User Experience

SimpleSwap's user interface is designed to be easy-to-use and intuitive. The platform has a simple layout that makes it easy for users to quickly find the coins they want to exchange. The platform supports over 1500 currencies and offers users access to real-time exchange rates for all of them. The platform also has a mobile app that is available for both iOS and Android devices.

Security

SimpleSwap is a non-custodial exchange, which means that users have full control over their private keys and assets. The platform does not store user's assets and does not have access to their private keys. This eliminates the risk of user funds being hacked or stolen from the platform. SimpleSwap also implements several security measures such as two-factor authentication to help keep user's assets secure.

Speed and Efficiency

SimpleSwap's exchange process is quick and efficient. The platform uses advanced algorithms to find the best exchange rate for users and process the exchange in a matter of minutes. Users can also track their transactions in real-time, so they always know where their assets are.

Customer Support

SimpleSwap provides its users with a dedicated customer support team that is available 24/7 to help with any questions or issues they may have. The support team can be reached through the platform's live chat or email. The team is knowledgeable and efficient in resolving issues, making it a great asset to the platform.

Fees and Pricing

SimpleSwap's fees are competitive with other cryptocurrency exchanges in the industry. The platform charges a fixed fee of 0.25% for each exchange, which is a reasonable amount for the services it provides. The platform also offers discounts for users who trade large amounts, making it an attractive option for frequent traders.

Loyalty Program

SimpleSwap provides its customers with crypto cashback for each completed transaction via its Loyalty Program. To secure this benefit, users must possess an active SimpleSwap account.

Conclusion

Overall, SimpleSwap is a great platform for users who want to exchange cryptocurrencies quickly and efficiently. The platform's user interface is easy-to-use, it provides a secure environment for users to store their assets, and its customer support team is available 24/7 to help with any questions or issues. The platform's fees are also competitive with other exchanges in the industry, making it a great option for users who are looking to exchange cryptocurrencies.

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User reviews
Harry 30 January 2021
5.0

user-friendly service. i was able to send all my btc coins into xmr, and when the transaction went through, I actually realized a higher amount of xmr than projected. Well done! Very impressed and highly recommended it.

Ann 21 January 2021
5.0

The support service is always in touch, they explained everything in an accessible way and successfully solved my request. An honest exchanger, I will continue to use it. Thanks!

Yeremina 12 January 2021
5.0

I think it's very convenient to have a choice of where and how I want to contact the support team. Either receive emails or have a live chat. I mean, as a user, I can control the speed of our communication, and the dialogue in principle. This is a great solution.

Vetanir Almich 3 January 2021
5.0

I think this service is great for beginners like me. For those who confuse their own wallet address with another address, and do not know what the transaction hash is.
Especially grateful for the video tutorial, so it's much easier to create exchanges.

Elaine Gomes 29 December 2020
4.0

I made an exchange, but i put the wrong address. I was afraid i lost my money. I wrote an e-mail to the SimpleSwap support and David helped me with this issue in 20 min. I find it just awesome. Very friendly and quick service.

Country: International
Launched: 2018
Pairs: 300
Mobile app: iOS, Android
Grade points: 0.00
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