6.6
Mixed
Best Instant Crypto Exchangers · Review

SimpleSwap

Does what the name says at a middling price, with the category's standard risk of a swap stalling in review.

Best For
Simple no-account swaps across many chains
Headline Cost
~0.4–1% inside the rate
Founded
2018
Rank in category
9 of 15
Last Checked
August 2026
The short answer

SimpleSwap does exactly what its name promises: no account, wide asset coverage, a clear interface and settlement that works. Pricing sits in the middle of the category with the margin undisclosed, and flagged transactions face the same slow, document-heavy review process as elsewhere.

Score breakdown

Category rubric →
True cost · 25%
6.5
AML & refund conduct · 25%
5.5
Rate transparency · 20%
6.5
Coverage · 15%
8.5
Support · 15%
6.5

Usable, but there are better options for most people. The headline 6.6 is the weighted mean of these marks — see our methodology. Not financial advice.

What we liked

  • Broad coverage with a genuinely simple flow
  • No account required and reasonable minimums
  • Fixed-rate option is honoured in normal conditions

Where it falls short

  • Margin is average and not disclosed separately
  • Holds on flagged transactions can take weeks to resolve

There is not much to say about SimpleSwap, which in this category is close to a compliment. It supports several hundred assets, requires no registration, distinguishes clearly between fixed and floating rates, and settles reliably when nothing trips a screen.

Pricing

The margin is embedded in the quote and typically runs somewhere between 0.4% and 1% depending on the pair's liquidity, with a premium on fixed rates. That is mid-table: cheaper than Changelly or Godex, more expensive than FixedFloat or SideShift. Since nothing is itemised, comparing the quote to market mid remains the only way to know.

Compliance and support

Deposits flagged by screening are held pending verification, and users report resolution timelines running from days to weeks with documentation requests. Support responds through tickets, without live escalation. This is the category baseline rather than a specific failing, and it is the reason nobody in this section scores above 7.5.

Coverage

Broad enough for most needs across major chains and a long tail of tokens, with reasonable minimums. It lacks the very widest catalogues of ChangeNOW or LetsExchange and covers considerably more than the boutique services.

Who should use SimpleSwap

Users who want a straightforward swap and are not optimising for the last half per cent. If you are price-sensitive, use an aggregator such as SwapSpace or Trocador to compare before committing — SimpleSwap will often appear in those results, and you will see immediately whether it is the best available quote.

FAQ

Does SimpleSwap need an account?
No. Standard swaps require no registration, though flagged transactions can still trigger verification before release.
What is SimpleSwap's fee?
Undisclosed and embedded in the rate, typically between 0.4% and 1% depending on the pair, with a premium for fixed rates.
Is SimpleSwap trustworthy?
It has operated since 2018 without a major incident. The standard risks apply: custody during the swap and the possibility of a compliance hold.
SimpleSwap or FixedFloat?
FixedFloat is cheaper and states its fee openly. SimpleSwap supports more assets. For anything FixedFloat covers, it is usually the better choice.
#ServiceBest forCostScore
1FixedFloatLightning and small BTC swaps0.5% fixed rate, 1% float7.4
2SideShift.aiNo-account swaps with a straightforward API~0.5% built into the quote7.4
3TrocadorPrivacy-conscious swap routingSmall routing fee on top of provider spread7.4
4SwapSpaceComparing rates across providers before committingNo own fee; you pay the underlying provider's spread7.3
5ExolixFixed-rate swaps that are actually honoured~0.5% embedded7.2
6SwapzoneRate comparison with provider ratings attachedNo own fee; provider spreads apply7.1
7ChangeNOWBreadth of supported assets~0.5–2% inside the quoted rate7.0
8StealthEXWide token support without registration~0.4% floating, higher fixed6.7
9SimpleSwapSimple no-account swaps across many chains~0.4–1% inside the rate6.6
10ChangeHeroStraightforward swaps with fiat options~0.5% floating, higher fixed6.4
11LetsExchangeVery long tail token coverage~0.5–1.5% embedded6.4
12AlfacashLong-running service with European fiat routes~1% embedded plus network fees6.3
13GodexFixed-rate swaps without an accountEmbedded, typically 1%+6.3
14ChangellyLong-established service with fiat rails~0.25% plus a wider embedded spread6.2
15InstaSwapOccasional swaps with no account~0.5–1% embedded6.0