SimpleSwap - new cryptocurrency exchange ~ PALMET

SimpleSwap - new cryptocurrency exchange

Those people who are engaged in various activities in the crypto world, whether it is trading, earning money from the bounty and other things, sooner or later use the services for exchanging cryptocurrencies.

Issue

Now a huge variety of sites are presented to choose from that allow this to be done. There are even special aggregators that allow you to specify the amount and pair for the exchange, and they will tell you where this can be done most profitably. And this choice is really important to make, since during the exchange there are many nuances that also need to be taken into account.

Here are a few of these very nuances:

Cryptocurrencies are constantly changing in price, respectively, at some sites for exchange, the current price may be somewhat belated, which directly affects the profit.

The need for registration and verification of identity is also present on some platforms. Agree, it is unlikely that someone wants to once again indicate their personal data, because it is not known how they are disposed of.

Modes of operation can be automatic or manual. This algorithm already affects the processing speed of the application. It is optimal that the machine performs all calculations and transfers in order to eliminate errors.

Feedback on services helps to evaluate reliability and doesn’t get nervous again during exchanges.

The possibility of a quick, profitable and reliable exchange is fundamental when choosing a site. And recently, a wonderful solution has appeared - the SimpleSwap exchange service.

About SimpleSwap

As you can see by the name of the service, this is a very simple and user-friendly platform for making quick exchanges between cryptocurrencies, including tokens based on the Ethereum blockchain.

The main highlight of the exchanger is its complete anonymity: there is no need to register, no other personal information needs to be shared (no KYC procedure is needed). It takes literally several actions: an indication of the pair to exchange, the number and wallet to accept coins.

There are also coins on the site that are very problematic to sell by conventional traditional methods, for example, through exchanges, which take a very large percentage for trading and withdrawal, and also take a long time.

The service also has a referral program. It allows anyone who invites to an exchanger to earn up to 90% of the entire commission for a specific amount of exchange. The reward is in the equivalent of Bitcoin. An accessible API is also noted, which allows you to embed mini-windows for sharing to third-party sites, for example, Steemit.

Features of the site

In principle, something similar already exists on the market, so the emergence of a new workable competitor, which already exists in the BestChange aggregator, will not be superfluous.

By the way, it is this aggregator that reports that the amount of reserves on the SimpleSwap exchanger is insane 4.3 billion USD! The age of this exchanger at the time of writing is 1 year and 5 months, which is already substantial. On the above aggregator there are positive reviews about the work.

The number of tokens available at any time of the day or night is amazing: there are more than 300 types of them! At the same time, the team of the SimpleSwap exchanger constantly works on adding new coins. If you have questions about work, then technical support also works around the clock.

SimpleSwap has no limit on the minimum and maximum amounts for exchange. The only thing to consider is commissions on currency transactions. On the site of the exchanger it is written that the exchanger does not charge other fees.

How to make an exchange?

To make an exchange, you need to go to the site of the SimpleSwap exchanger. As noted above, registration is not required, so you can immediately proceed with the operation.

The choice of a currency pair indicating the number of coins given. Automatically, according to the course, the amount of the second coin will be calculated.

Fill in the field in which you want to specify the wallet for the exchange.

And that’s all. Press the share button and wait. On average, the wait lasts 5-10 minutes, depending on the load on the blockchain. It should be borne in mind that the exchange rate during the transaction may differ slightly from the estimated rate due to the high volatility of the currency. Thus, the rate of coins at the time of the transaction can both rise and fall.

findings

The SimpleSwap exchange platform has been working, has been living for more than a year, has substantial financial reserves, an extensive list of coins and fast transactions, all against the background of a very simple usability interface.

Sometimes BestChange shows that the site is not accessible, although in fact it works properly. This article is a subjective opinion. The work of the exchanger may change over time for unknown reasons, anything can be, but so far.

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