How it works

How a SimpleSwap Swap Actually Runs

SimpleSwap's process is a plain wallet-to-wallet swap: pick a pair, give it a receiving address, send your crypto, get the other asset back. Each of these four steps also happens to be where most simpleswap reviews focus their praise or their complaints, so it's worth seeing them side by side.

1

Choose your pair

Pick the crypto you're sending and the one you want back. SimpleSwap lists 2,800+ assets and quotes a rate (fixed or floating) before you commit.

Review theme: asset selection
2

Enter the recipient address

Most crypto-to-crypto swaps don't need an account. A wrong or mistyped address here is the single biggest source of the "sent to the wrong place" complaints that show up in reviews.

Review theme: address mistakes & support recovery
3

Send your crypto

You send from your own wallet. From here, timing depends on network confirmations, not on SimpleSwap, which is where slower-network delays and the occasional timeout complaint come from.

Review theme: confirmation time
4

Receive the swap

Once confirmed, SimpleSwap routes the trade to a matched liquidity provider and sends back the swapped asset. Some transactions are paused here for a compliance check before completing.

Review theme: rate accuracy & verification pauses

This is the standard flow described on SimpleSwap's own how-it-works page. It doesn't cover every edge case: swaps that require a fiat on-ramp, for example, go through an additional identity-check step with the payment partner, not SimpleSwap itself. For the review data these steps generate, see the Reviews page.