SwapSS vs SimpleSwap
Both services swap coin for coin without an account, so the honest comparison is not the front page — it is what each one puts in writing. SimpleSwap's AML policy says the "free from sign-up" approach "is applied exclusively in scenarios identified as low risk" and that mandatory checks may be required "on any transaction"; their terms price the return of frozen funds at 1% with a minimum charge of $100. SwapSS screens the funds rather than the person, and a deposit it cannot clear goes back to a sender-controlled address. Every claim below is dated and links to their own pages.
How different are SwapSS and SimpleSwap really?
SwapSS
A crypto-to-crypto exchange. Pick a direction, take the quote, send coins from any wallet to the deposit address, receive the quoted amount. No account, and the screening looks at the funds rather than at you.
SimpleSwap
A swap service of the same shape, running under this brand since 2018 and describing itself as aggregating liquidity from multiple CEX and DEX providers. The difference is not the front door — it is what the policy behind it reserves the right to ask for, and what it charges to give a held deposit back.
Live right now on SwapSS
- 1 BTC ≈ 177.719 XMR from 0.0001 BTC
- 1 USDT ≈ 0.00225098 XMR from 4.81076 USDT
Indicative mid-flow numbers from the same endpoints the exchange runs on, refreshed as you read this. The amount you accept on the order screen is the amount that arrives.
Side by side, with sources
| SwapSS | SimpleSwap | |
|---|---|---|
| What the product is | A crypto-to-crypto exchange: one order, one deposit address, the quoted amount back in the coin you asked for. | The same category, in their own words on their reviews page: a service that "aggregates liquidity from multiple CEX and DEX providers" and "requires no sign-up for most crypto-to-crypto swaps". The load-bearing word is "most". checked 2026-08-15 |
| How a swap starts | Send from any wallet to the deposit address shown with its network and amount. No account, no wallet connection. | The same shape, and this row is a genuine tie: their homepage sells "Free from sign-up, limits, complications" and "Sign-up is not required", and an order starts at a deposit address. checked 2026-08-15 |
| Identity checks | Screening applies to the funds, not the person: no account, and a deposit that cannot be cleared is returned to a sender-controlled address. The policy is a public page you can read before sending. | Their AML policy scopes the promise. §4.1: the "free from sign-up" approach "is applied exclusively in scenarios identified as low risk". §4.2: they "may at [their] discretion require clients to complete mandatory KYC checks on any transaction". §4.6: clients "may be required to participate in a real-time liveness check that compares the user's face with the government-issued document provided". checked 2026-08-15 |
| If a deposit is held | A deposit that cannot be cleared goes back to an address the sender controls, and the rule is published before you send rather than discovered after a hold. | ToS §8.2 asks for identity, ownership and source-of-funds documentation, then adds "an additional fee of 1%" of the returned amount "to cover administrative expenses, with a minimum charge of $100". §8.3 keeps "the discretion to refuse the return of funds"; §9.2 treats unclaimed funds as dormant and charges against them monthly. checked 2026-08-15 |
| Cost shape | The quote you accept is the amount you receive; the service margin is already inside it. Compare it against anyone before sending anything. | No percentage is published for a coin-to-coin swap: ToS §5.18 says the pricing model "does not revolve around a traditional percentage fee", and simpleswap.io/fees returned HTTP 404 on 2026-08-15. The one crypto charge stated as a number is the 1% (minimum $100) for returning frozen funds. checked 2026-08-15 |
| Company and jurisdiction | An exchange team that publishes verifiable proof of how it operates instead of a marketing deck — see the proof page. | Their terms name no incorporated company: §19 gives a business address "at 20 Genesis Cl, George Town KY1-1208, Cayman Islands" and §17 seats disputes in arbitration in Panama City under English law. A corporate name does appear in their affiliate terms — "a platform owned by SimpleSwap Ltd." — while their claimed Trustpilot profile lists a Marshall Islands address. checked 2026-08-15 |
| What the public rating says | No rating badge and no review subscription here: what SwapSS publishes is dated evidence with its source printed next to it. | On 2026-08-15 their Trustpilot profile showed 4.0 under the label "Great" from 2,590 reviews, a "Paid Trustpilot subscription", "Asks customers to review", and 13% one-star — alongside a genuinely strong "Replied to 100% of negative reviews". Their own reviews page headlines it as "Excellent Rating" / "On Trustpilot". checked 2026-08-15 |
What SimpleSwap is genuinely good at
- Breadth and longevity: their own pages advertise 2,800+ assets, and the brand has been trading since 2018, with a Trustpilot profile open since April of that year.
- They answer their critics in public: Trustpilot records that they have replied to 100% of negative reviews, typically within two weeks.
- Rate choice is written into the contract, not only into the interface: a quoted fixed rate "remains unchanged for 20 minutes", with a floating option for people who prefer flexibility.
- Support is staffed around the clock, and the terms name the address to write to when an order goes into review.
When SwapSS is the right tool
- You want the rule about your money published before you send it, not discovered in a clause after a deposit is held.
- You would rather no document path existed at all: there is no account here, and a deposit that cannot be cleared goes back to an address the sender controls.
- The route involves Monero: XMR is live in both directions, and the quotes above come from the same endpoints the exchange runs on.
- You want the accepted quote to be the amount that arrives, with the service margin already inside it.
Questions people actually ask
Is SimpleSwap really no-KYC?
- Their own AML policy answers it. Section 4.1 says the "free from sign-up" approach "is applied exclusively in scenarios identified as low risk", and section 4.2 says mandatory checks may be required "on any transaction" at their discretion. Section 4.6 adds a real-time liveness check against a government-issued document. So: usually nothing is asked, with a written right to ask on any order (checked 15 August 2026).
What happens if SimpleSwap freezes my swap?
- Their terms of service set out the path. Section 8.2 asks for identity, ownership and source-of-funds documentation, then adds "an additional fee of 1%" of the returned amount "to cover administrative expenses, with a minimum charge of $100". Section 8.3 keeps the discretion to refuse the return, and section 9.2 treats unclaimed funds as dormant with a monthly charge against them (checked 15 August 2026).
Do I need an account to swap on SwapSS?
- No. You pick a direction, take the quote, and send coins from any wallet — hardware, mobile or desktop — to the deposit address the order shows, with its network and exact amount beside it. There is no registration step, no wallet connection and no document upload anywhere in the flow.
Which one is cheaper?
- Neither publishes a percentage for a coin-to-coin swap. SimpleSwap's terms say their pricing "does not revolve around a traditional percentage fee", and simpleswap.io/fees returned 404 when we checked it on 15 August 2026. A SwapSS quote is the receive amount itself: what you accept is what arrives, and you can compare it against anyone before sending.
Sources and dates
Every competitor claim on this page was checked read-only against these pages on the date shown. If something here has gone stale, tell us and we will re-verify it.
- https://simpleswap.io/aml-kyc Their AML and KYC policy: when the sign-up-free mode applies, when checks escalate, and what a check can include. — checked 2026-08-15
- https://simpleswap.io/terms-of-service Their terms of service: the freeze and return policy, the pricing clause, dormant funds, the business address and the arbitration seat. — checked 2026-08-15
- https://simpleswap.io/reviews Their own reviews page: the self-description quoted above, the 2,800+ asset claim, and the "Excellent Rating" badge. — checked 2026-08-15
- https://www.trustpilot.com/review/simpleswap.io Their Trustpilot profile: 4.0 labelled "Great" from 2,590 reviews, a paid subscription, review solicitation, and the star breakdown (as of the check date). — checked 2026-08-15
- https://kycnot.me/service/simpleswap A third-party directory's assessment, not SimpleSwap's own words: 3/10 overall, privacy 27, trust 44, badge "lvl. 3/4 Shotgun KYC". — checked 2026-08-15