Blog / Our News / Simpleswaps Sixth Anniversary Growing In Sync With The Crypto Market

SimpleSwap’s 6th Anniversary: Growing in Sync with the Crypto Market

Apr 26, 2024
7 min read

This blog post will cover:

  • About SimpleSwap
  • Our latest achievements 
  • Changes in the Crypto World
  • Going forward

In the Crypto World, innovation never stops, and the development happens at lightning speed. Despite its humble beginnings, crypto has gained the rightful status as a global-level force. Digital assets are actively reshaping the financial sphere, and the industry has been growing exponentially, challenging the status quo along the way. 

In these circumstances, SimpleSwap, of course, cannot stand still. As we celebrate another milestone, our 6th anniversary, we would like to revisit some of our most significant achievements. Let’s see how we have progressed together with the crypto sphere.

About SimpleSwap

Launched in 2018, SimpleSwap has come a long way. One thing has been the constant for us though: we make sure our customers get a reliable and user-friendly service. With our platform, getting crypto is instant and requires just a few simple steps, no matter if you are a pro or it is your very first crypto transaction.  

We are a non-custodial exchange, which means that users maintain ownership and control over their assets at all times. SimpleSwap does not require you to sign up for your convenience and peace of mind.

At the same time, we offer a wide range of assets to choose from. There are 1500+ cryptocurrencies available now, with this number quickly growing. Users can pick fixed and floating rates. We make sure to keep fees low and maintain some of the best rates on the market thanks to a large number of excellent exchange partners.

If you would like to create a cross-chain exchange, SimpleSwap is happy to offer an easy way to do so that is suitable for the crypto enthusiasts of all levels of experience. There is no need for understanding the technical complexities of such exchanges because with our service, they are as simple as regular exchanges from the users’ perspective. Our platforms boasts over a million crypto pairs, some of the most popular ones include BTC - ETH, BNB - ETH, SOL - ETH, and BNB - BTC.

Apart from the crypto-to-crypto exchanges, our customers can easily swap crypto to fiat and vice versa using a variety of payment methods, including credit and debit cards, Apple Pay, Google Pay, etc. 

Our skilled support team is available 24/7 and always ready to resolve any issues you might face. 

Moreover, SimpleSwap users enjoy several ways of building passive income sources. One of them is taking part in the Affiliate Program. Our partners are bloggers, website owners, and crypto services that refer their audiences to exchange crypto using SimpleSwap. In return, they receive rewards in BTC for the Referrals’ finished exchanges. We offer a flexible program with a variety of tools, such as API, widget, button, etc. so that everyone could find something that works for them. Find out more in our Public API guide and Affiliate terms

Another way of making profit is becoming a SimpleSwap Ambassador. They promote our service and receive a revenue share for the successful exchanges resulting from their recommendation. Share your experience with others and get rewards, unique promos, and other bonuses. We are delighted to have SFM Tony, Logarithms, ErgoMinnow, SB, mirio.eyekon, and many other users as our Ambassadors. 

We aim to bring our users value in as many ways as possible. This is why our experts write high-quality educational content that makes Crypto World more accessible to everyone. They create well-rounded crypto portfolios, perform technical analysis, and do in-depth research on various crypto projects. For those who prefer video format, we also have a ton of useful information on our YouTube channel, including expert interviews, price predictions, reviews, and guides.  

We highly appreciate our customers, and over 1800 user reviews on TrustPilot with an excellent rating tell us that it is mutual. 

Our latest achievements 

Now we are proud to share some of our accomplishments:

  • Affiliate Program enhancements. We have introduced a customizable rewards structure, allowing Affiliate Partners to earn up to 5% on the finished exchanges done by Referrals. We are gearing up for the launch of API version 3.0, which focuses on enhancing usability and optimizing data transfer speeds. We are also currently developing additional tools that will enable Affiliates to maximize their earnings based on transaction volume.

  • March achievements. In March 2024, we celebrated a significant milestone by onboarding over 300 new Affiliate Partners, setting a new record.

  • New Loyalty Program. Recently, we have upgraded the Loyalty Program to make our customers’ crypto journey even more convenient and rewarding. Now the participants get BTC cashback up to 0.4% for each finished exchange.

  • Our Crypto World contribution. We stay true to the commitment of making the crypto sphere better. That is why we are glad to cooperate with other projects in preventing fraudulent activities and restoring stolen funds. As such, in the last few months, we have helped CoinEx, Remitano Exchange, MyAlgo, and Terraport Finance.

  • Building meaningful relationships. SimpleSwap always finds new ways to engage and connect with our users and the broader crypto community. Recently, we have participated in an ask-me-anything session with QUAI and ICON online, visited the Blockchain Life 2024 and the World Blockchain Summit in Dubai, as well as held a trading contest of VRA token. Stay tuned: we have more exciting events lined up for the near future.

We would also like to express our appreciation to the amazing partners of our platform. SimpleSwap is proud to collaborate with hundreds of excellent projects, here are just some that joined in the last couple of months: the Stellar blockchain, the EOS Network, the ICON cross-chain framework, ZKFair project, and the DigiByte blockchain. Thank you for the trust! We are certain that together we will be able to achieve remarkable success.

Changes in the Crypto World

Since 2018, the cryptocurrency industry has undergone significant evolution, leading to the emergence of a more mature market divided into several sectors, such as Layer-1 and Layer-2 solutions, DeFi protocols, SocialFi and GameFi services. 

The pivotal moment for the crypto industry was the substantial influx of capital from institutional investors, signifying the growing acceptance of cryptocurrencies within traditional finance companies. 

However, amidst these changes, we also witnessed the collapse of several prominent players in the industry, such as FTX and the Terra blockchain, resulting in significant financial losses for market participants.

Despite the negative events that are unavoidable for any sphere, the current market can be characterized by resilience and innovation. Bitcoin reclaimed its dominance in 2023, fueled by optimism surrounding Bitcoin ETF approval and the anticipation of the halving event. This momentum spilled over into 2024, as Bitcoin surged to new all-time highs, breaching the $73,000 mark. 

The DeFi sphere on the whole seems to be quickly developing, with growing total value locked and the emergence of a variety of new crypto projects. Most importantly, the crypto market remains a vibrant ecosystem, offering opportunities for investors, developers, and enthusiasts alike to participate in the ongoing revolution of finance and technology.

Going forward

As we celebrate the 6th year of SimpleSwap's journey, we are reminded that change and growth within the crypto sphere comes in high waves. However challenging it may be to navigate, we are happy to do it alongside you. Just like crypto itself, our project is all about evolving, adapting, and becoming better every day. We are embracing the ups and downs, learning the best practices, and forming the future of finance side by side. Whether you have been with us all these 6 years or just joined yesterday, thank you for choosing SimpleSwap! We are excited for what is to come in the future for both our project and the Crypto World on the whole. Here's to many more milestones ahead!

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