CoinGape Reviews SimpleSwap in 2026: Rates, Fees and Custody Model

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Summary

Lawrence Mike reviews SimpleSwap as a self-custodial multi-source swap aggregator: a wallet-to-wallet system that acts as a medium rather than an asset holder, whatever the SimpleSwap crypto exchange label suggests, with no order book of its own and no user balances held between swaps.

Most of the piece is a step-by-step walkthrough.

“SimpleSwap is ‘simply’ a wallet-to-wallet swap system that acts as a medium rather than an asset holder.”

Key Takeaways

  • CoinGape describes SimpleSwap as a wallet-to-wallet aggregator, not an exchange with an order book.
  • The review walks through the full swap flow, including the per-transaction deposit address.
  • A fixed rate holds the quote for 20 minutes; a floating rate settles at the market on execution.
  • There is no separate fee: the cost starts at 0.2% and is built into the conversion rate.
  • Holding no user balances removes the failure point seen at FTX and Celsius.
  • The reviewer credits operation since 2018, 20M+ swaps, and 6,000+ partner integrations.

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