The basics
What each one is
Are SwapSpace and SimpleSwap the same thing?
No. Both are non-custodial, wallet-to-wallet crypto swap services with no signup required for a basic trade, but they solve the rate problem differently. SwapSpace shows you competing offers from 40+ partner exchanges so you pick one; SimpleSwap runs its own routing across 20+ CEX/DEX sources and selects a route for you.
Is SwapSpace an exchange or an aggregator?
SwapSpace is an aggregator. It doesn't hold or set its own rates; it collects offers from partner exchanges and lets you compare them side by side before choosing one to execute the swap.
Is SimpleSwap an exchange or an aggregator?
SimpleSwap is also an aggregator, but a different kind. Instead of showing you a list of offers, it checks its 20+ CEX/DEX liquidity sources itself and routes your swap through the one it selects, without you picking the provider directly.
Which one lets me compare offers before swapping?
SwapSpace does. Its interface shows several partner exchange offers, each with its own rate, KYC likelihood and estimated speed, so you can compare before committing. SimpleSwap's routing decision happens internally and isn't shown as a list of alternatives.
Background facts
| Mobile apps | iOS and Android |
|---|---|
| Integrations | 6,000+ partner products |
| Custody model | Wallet to wallet, no standing balance |
| Founded | 2018 |
| Platform type | Self-custodial swap aggregator |
“Simpleswap has been by far the simplest and most cost-effective crypto exchange platform I've used over the last 5 yrs.”
Worth checking before any swap
- Check the address bar rather than the page design
- Verify which chain the receiving wallet is on
- Compare the pasted address against the original
- Keep the order ID until the swap shows as finished
Whatever the answer below, the domain is the part to verify first: simpleswap.io is the only official one.
Accounts, KYC and custody
Do I need an account to use SwapSpace or SimpleSwap?
No, not for a standard swap on either service. SimpleSwap offers an optional account that unlocks its Loyalty Program. SwapSpace also runs an NFT-based cashback program called Invader alongside its core swap flow.
Can I swap without KYC on either platform?
Neither can promise that universally. On SwapSpace, each partner exchange sets its own KYC likelihood, shown per offer. On SimpleSwap, verification is only triggered by a fiat on-ramp partner's process or a compliance-flagged transaction. Whether KYC applies depends on the specific route, not a blanket platform policy.
Are SwapSpace and SimpleSwap custodial?
Both describe themselves as non-custodial, wallet-to-wallet services: funds pass through to your destination address rather than sitting in an account you'd need to withdraw from. Some individual reviewers have raised custodial concerns about specific partner exchanges used behind the scenes; those are reviewer opinions about a particular swap, not a documented platform-wide practice.
Rates and coverage
Can I choose a fixed rate on both platforms?
Yes, both support fixed and floating rates, but the mechanics differ. On SwapSpace, the rate type is set per offer by the partner exchange you choose. On SimpleSwap, you select fixed or floating per swap, and fixed locks the price for 20 minutes.
Which one supports more coins?
SwapSpace lists around 3,950 coins across 600,000+ pairs; SimpleSwap lists 2,800+ assets across 3.2M+ pairs. The two count differently because they aggregate differently, so treat these as two separate figures rather than a single ranking.
How do I compare rates between SwapSpace and SimpleSwap?
Rates on both are live and change constantly, so the only reliable way is to check the same pair on each site at the same moment. A rate that looks better on one platform today can flip by the time you actually swap.
Choosing between them
Which is better for a simple wallet-to-wallet swap?
It depends on the workflow you prefer, not a fixed ranking. If you want to see and compare multiple offers before choosing, SwapSpace's model fits that. If you'd rather skip the comparison step and let one flow handle it, SimpleSwap's routing model fits that instead.
Which of the two offers address screening?
SimpleSwap does, via Address Check in its Customer Account. The tool takes a wallet address plus the network it sits on and reports whether that address is tied to sanctioned entities or other risk categories, showing the connections that produced the reading. Output comes from third-party screening providers, so it can miss things and settles nothing about the counterparty by itself. Loyalty tier decides the monthly quota.
Still deciding?
The full seven-point comparison walks through each difference in detail.