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SimpleSwap review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

SimpleSwap suits anyone who wants to swap or buy crypto without holding a custodial account, and the fee of 0.2% keeps that trade cheap. It lists 2,800 coins, but there are no derivatives, so traders who want leverage or advanced positions should look at a centralised exchange instead.

Key facts

Best for
Low-cost crypto swaps and buy orders with the keys staying in your own wallet.
Taker fee
0.2%↗
Coins listed
2,800↗
Fiat deposit methods
Card, Bank, Apple-pay↗
Withdrawal fee
No separate withdrawal fee; network fee set by the blockchain↗
Derivatives
No↗
Exchange type
Dex↗
Founded
2018↗
Support channels
Email, Chat, Help-centre, Community↗
Features
Self-custody
Official website
simpleswap.io

Facts checked September 26, 2026, 3 sources

Apps and profiles

Get the app
App Store
Elsewhere
TrustpilotLinkedInXsimpleswap-io.medium.com

Pros and cons

Pros

  • Low fee of 0.2% on swaps with no separate withdrawal charge on top
  • Wide list of 2,800 coins to swap between
  • Self-custody, so you keep control of the keys
  • Fiat purchases funded through card, bank and apple pay

Cons

  • No derivatives, so no leverage or futures trading
  • Support runs on email, chat and help centre only, with no phone line listed
  • A decentralised exchange lacks the fiat deposit account that custodial exchanges offer
SimpleSwap

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Scored 9.0 / 10 by SumCue.

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Who it suits

  • Savers who want to hold crypto in their own wallet rather than on an exchange account
  • Swappers moving between a long list of coins on a small fee
  • UK and European buyers funding a purchase by card or bank transfer

Who should look elsewhere

  • Traders who want derivatives or leveraged positions
  • Anyone who needs a custodial account with a fiat balance and deposit details
  • People who want phone support, since email, chat and help centre is the full list

How it compares on our data

On our data, SimpleSwap ranks 5 of 176 for coins listed, so the breadth of the list is one of its stronger points. Trading costs tell a flatter story: the brand sits at 56 of 121 on taker fee, which leaves plenty of cheaper options further up the table.

Fees and FX

SimpleSwap charges a taker fee of 0.2% on a swap, and that single percentage is the main cost a user sees. There is no separate withdrawal charge added on top, though the network fee is set by the blockchain you send on, so the real cost of moving coins to another wallet depends on the chain. No FX fee is listed, which matters for the fiat side of a purchase.

How SimpleSwap compares

Where SimpleSwap is available

Available
Everywhere except Afghanistan, Austria, Belgium, Bulgaria, Burundi, Belarus, Democratic Republic of the Congo, Central African Republic, Côte d'Ivoire, China, Colombia, Cuba, Cyprus, Czechia, Germany, Denmark, Estonia, Eritrea, Spain, Finland, France, United Kingdom, Guinea, Greece, Guinea-Bissau, Croatia, Hungary, Ireland, India, Iraq, Iran, Italy, Japan, North Korea, Liberia, Lithuania, Luxembourg, Latvia, Libya, Mali, Myanmar, Malta, Nicaragua, Netherlands, Poland, Portugal, Romania, Russia, Sudan, Sweden, Slovenia, Slovakia, Somalia, South Sudan, Syria, United States, Venezuela, Yemen, Zimbabwe

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does SimpleSwap charge to swap coins?+

The taker fee is 0.2% on a swap, which is the core cost of using the service. That single percentage covers the trade itself, so a swap costs a known amount before any network fee on the underlying chain.

Is there a separate withdrawal fee?+

There is no separate withdrawal fee charged by SimpleSwap. The network fee on a withdrawal is set by the blockchain rather than by the exchange, so the cost depends on which chain you send over.

Does SimpleSwap offer derivatives or leverage?+

Derivatives are not offered, so there is no leverage, futures or margin trading on the platform. Anyone wanting those products would need a centralised exchange instead, where derivatives are a standard part of the offer.

Do I hold the coins myself on SimpleSwap?+

Self-custody is a listed feature, which means the coins stay under your control rather than sitting on a custodial platform balance. As a decentralised exchange, it works differently from a traditional exchange account, so keep your own wallet secure and backed up.

How many coins can I trade on SimpleSwap?+

The list covers 2,800 coins, which is broad enough for most pairs of major assets and many smaller ones. On our data the brand ranks 5 of 176 for coins listed, so the range is a real strength.

Can I buy crypto with card or bank transfer?+

Fiat deposits run through card, bank and apple pay, so a purchase can be funded without an existing crypto balance. That gives a choice of how you pay for the crypto you receive rather than swapping from a coin you already hold.

How do I get help if a swap goes wrong?+

Support runs on email, chat and help centre, so you have email, live chat, a help centre and a community space to work with. There is no phone line in the list, so written channels are the way to reach the team.

Sources

  • simpleswap.io/about checked September 26, 2026

    Backs: Derivatives, Exchange type, Features

    “SimpleSwap is a self-custodial multi-source swap aggregator and infrastructure for direct wallet-to-wallet crypto exchange.”

  • simpleswap.io/buy-crypto checked September 26, 2026

    Backs: Fiat deposit methods

    “You can choose between a credit card, a debit card, Apple Pay, Google Pay, and bank transfers.”

  • simpleswap.io/faq checked September 26, 2026

    Backs: Coins listed, Founded, Support channels, Taker fee, Withdrawal fee

    “aggregates liquidity from 20+ CEX and DEX providers and supports 2,800+ cryptocurrencies with 3.2M+ trading pairs available”

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Regulators.

SimpleSwap

SimpleSwap

Low-cost crypto swaps and buy orders with the keys staying in your own wallet.

9.0/10See alternatives