SimpleSwap is a crypto platform for instant swaps and an exchange partner of Binance. In this article, we are going to see what the service can offer.
About SimpleSwap
SimpleSwap is a service for quick and reliable crypto and fiat-to-crypto exchanges launched back in 2018. Its user-oriented design makes working with the platform very easy. Currently, the service offers over 600 crypto and fiat assets, including BNB and many tokens on the Binance Smart Chain. Users can easily swap native BNB for BEP20 tokens. The service supports cross-chain exchanges and can be used as a BNB BEP20 bridge.
Registration is not required: swapping crypto is a matter of a few clicks. Besides the desktop version, which is available in 10 languages, there is also an app for smartphones. The team is always prepared to help quickly and professionally with their 24/7 support.
The project has a Loyalty program; those users who participate in it receive crypto cashback.
How does SimpleSwap work?
The system is integrated into the biggest exchanges: it allows swapping tokens by using several cryptocurrency exchange platforms. There is no deposit storage, so the transactions are complete right away. Thanks to this, SimpleSwap finds the best rates quickly. For the most popular coins, for example, BNB, the whole process takes about 15 minutes on average.
In order to swap one token for another, first, the user picks the crypto pair (e.g., BTC to BNB). Then it is necessary to specify the address where BNB will be sent. Next, the customer sends the deposit and gets BNB. The SimpleSwap service supports MetaMask, so it is possible to add the address of the wallet fast and simplify the process even more.
What are the features of SimpleSwap?
The platform has various functions that allow exchanging crypto comfortably.
- Floating rate exchange. Before starting the transaction, users do not know the exact receiving amount, they only see the approximate estimate. The end result can turn out to be somewhat different from what they had expected because the crypto market is very volatile and the prices change quickly.
Swapping assets this way is not limited.
- Fixed rate exchange. Those users who choose this type get precisely the estimated beforehand amount of crypto. The variation in the coins’ rates is not taken into account. The time for sending a deposit is limited: users have 20 minutes.
- Affiliate program. Partners choose from a variety of available instruments (links, widgets, etc.) and can customize their profit.
- Loyalty Program. SimpleSwap offers a few options for their loyal customers depending on their exchange volume; they can receive bonuses in SWAP or BTC.
- No registration is required. Making transactions is anonymous and fast.
- No upper limits. Users can swap any amount of crypto they want.
- 24/7 customer support. The SimpleSwap team is there to assist with any questions about the platform.
Conclusion
SimpleSwap is an outstanding solution for both beginners and experienced members of the crypto community because of its user-friendly design combined with a wide variety of available coins, including different BEP20-compatible tokens. Additionally, the platform has reputable partners, including Binance, which makes it a great choice for all crypto enthusiasts. Over a thousand positive comments on Trustpilot with a 4.7 out of 5 score are proving this.
