Fiat-to-crypto exchanges are available worldwide, except for FATF list countries. You can check the list of countries where this servicecannot be used:
Bangladesh, Bolivia, Burundi, Central African Republic, China, Colombia, Cuba, the Democratic Republic of the Congo, Ecuador, Iran, Iraq, Kyrgyzstan, Lebanon, Libya, Mali, Morocco, Nepal, Nicaragua, North Korea, Pakistan, Saudi Arabia, Somalia, Sudan and Darfur, South Sudan, Syria, Vietnam, Venezuela, Yemen, Zimbabwe.
In addition, please note that this payment gateway might not be able to process some bank cards based on your country/state and their policies towards cryptocurrency transactions.
FAQs
Conclusion. SimpleSwap is known as a reliable platform for those looking for a hassle-free way to swap their crypto holdings. Its intuitive interface, wide range of supported cryptocurrencies, and non-custodial approach make it an appealing choice for many users.
How long does SimpleSwap take to exchange? ›
The cryptocurrency exchange time varies from 5 to 60 minutes.
Is SimpleSwap anonymous? ›
SimpleSwap is a non-custodial anonymous crypto exchange with more than 1000 cryptocurrencies onboard.
Does SimpleSwap require KYC? ›
You don't even need to sign up to get started using SimpleSwap (although there are then limits in place on how much you can trade), but if you do sign up, you can get started trading without KYC. But a word of warning, to deal with any transaction issues or other problems, the platform requires mandatory KYC.
What is the safest exchange for cryptocurrency? ›
If you're looking to trade on a highly secure, regulated crypto exchange that offers a large number of supported cryptocurrencies, Gemini is your go-to choice. If, instead, you're looking to trade a wide range of new and small-cap crypto tokens, BitMart is arguably the best choice.
Who are the competitors of SimpleSwap? ›
Other similar apps like SimpleSwap are Zengo Wallet, Binance, Coinbase Exchange, and UPHOLD.
How does simple swap work? ›
How to Use SimpleSwap Platform
- Choose the crypto exchange pair. ...
- Enter the recipient's address, which can be your own wallet address, in which you want to receive the funds. ...
- Send and receive your cryptocurrencies. ...
- You will receive confirmation once your transaction has been completed.
Crypto-to-crypto swaps typically take anywhere between 30 minutes to about two hours depending on which cryptocurrencies are involved, the speed of the blockchain at the time of the transfer, and are dependent on the speed of our liquidity partner, Changelly.com.
Is simple coin legit? ›
Simplecoin is the oldest and most reliable crypto exchange in our country. Well-known and proven team, reliable product and super user support for both personal and business customers.
Can you buy crypto without SSN? ›
Yes. You can use a number of the crypto exchanges without KYC in this list to buy crypto without providing your personal information.
Monero. Monero (XMR) is the undisputed king of privacy-focused cryptocurrencies. Launched in 2014, it has established itself as the most private, secure and untraceable digital currency available. Monero's advanced privacy features make it virtually impossible to trace transactions or connect them to individual users.
Which crypto exchange does not need KYC? ›
Binance is one of the top no KYC crypto exchanges that accepts all prominent altcoins and allows you to trade anonymously. If your daily withdrawal limit is less than 2 BTC, you do not need to complete KYC. This is not to be confused with Binance.us policies.
How much does SimpleSwap charge? ›
SimpleSwap Fees and Charges
The platform applies a nominal fee of 4.95% on fiat deposits. While with crypto-to-crypto swaps, it furnishes customers with a specific rate determined by prevailing market rates.
Is it illegal to buy crypto without KYC? ›
Yes, the IRS requires that all cryptocurrency transactions, including those on no KYC platforms, are subject to tax reporting. Anonymity on these exchanges does not exempt users from tax obligations. Failure to report can result in penalties or legal consequences.
Does SimpleSwap have an app? ›
The SimpleSwap Mobile App
Customers have an opportunity to choose Bitcoin, Ethereum, XRP and other altcoins from an extensive cryptocurrency list. The search function and a display of the selected currency make it convenient for smartphone users to find the desired crypto pair.
How can you tell if an exchange is legit? ›
Besides trolling for victims on social media or messaging apps, here are 10 other telltale signs an online trading platform is a fraud:
- It isn't registered to trade forex, futures, or options.
- Trades crypto, but not registered as a money service business.
- No physical address, it's clearly fake, or offshore.
To use the platform, traders simply need to select the asset they wish to swap, then select the asset they would like to receive, enter the amount and receiving wallet address and hit “swap.” The user will then be shown a depositing address where they will send the crypto they want to sell, and once the funds have ...
Where is SimpleSwap based? ›
SimpleSwap is located in Majuro, NA - Marshall Islands, Marshall Islands . Who are SimpleSwap 's competitors? Alternatives and possible competitors to SimpleSwap may include Changelly , Stockpoint , and Flexewallet Pty Ltd .
