SimpleSwap — no-KYC crypto swap review
SimpleSwap is a non-custodial swap covering 1,500+ assets. clean interface, large asset list, no signup for swaps. We flag its KYC level honestly so you can match it to the size and privacy you need.
Key facts
| Service type | Non-custodial swap service |
|---|---|
| Custody | non-custodial |
| Account required | No |
| KYC policy | KYC 0No-KYC (any size) — no account for standard swaps |
| Rate mode | Fixed & floating |
| Fees | Built into the quoted rate (partner spread) |
| Avg swap time | ≈5–30 min (chain-dependent) |
| Supported coins | 1,500+ BTCETH |
| Networks | BTC, ETH, SOL, TRON, BNB, +1,500 assets |
| Minimum | Network minimum (varies by coin) |
| Maximum | Liquidity-bound (no fixed cap) |
| Founded | 2018 |
| Updated | 2026-06 |
SimpleSwap is a non-custodial crypto swap service. Below: how it works, fees, supported assets and the privacy trade-offs — with its KYC level called out plainly.
About SimpleSwap
SimpleSwap lets you exchange one coin for another without an account — you pick the pair, paste your receiving address, send the deposit, and the service routes the trade and pays out on-chain. clean interface, large asset list, no signup for swaps.
How a SimpleSwap swap works
A swap runs wallet-to-wallet: SimpleSwap generates a one-time deposit address, you send to it, and the output is broadcast to the address you supplied. Rate mode: Fixed & floating. Typical settlement: ≈5–30 min (chain-dependent).
Fees & rate model
Fees: Built into the quoted rate (partner spread). There is no separate account or withdrawal fee beyond the on-chain network cost on each leg — the quote you see already includes the service margin.
Privacy & custody model
Because there is no account, there is no identity database to leak: no identity checks at any swap size. The on-chain trail is limited to the two wallet addresses, which are public anyway, and SimpleSwap stays non-custodial throughout.
Pros & cons
Pros
- No signup for standard swaps
- 1,500+ assets
- Clean, beginner-friendly UI
- Fixed & floating modes
Cons
- Routes through partners (spread in rate)
- AML systems can flag unusual transfers
- Support quality varies
FAQ
Does SimpleSwap require KYC?
For standard swaps, no identity checks at any swap size. SimpleSwap is non-custodial, so there is no account held in your name and no identity database behind a login.
Is SimpleSwap custodial?
No — SimpleSwap is non-custodial. You swap wallet-to-wallet; the service only routes the trade and never holds a long-term balance for you.
How fast is a SimpleSwap swap?
Typically ≈5–30 min (chain-dependent). Bitcoin can be slower at busy times; faster chains like TRON or Solana usually clear in minutes. Fixed-rate orders lock the rate; floating orders settle at the arrival rate.