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Your expert: Alejandro Borja
Your expert: Xavier Tarrasó
Fees
Earns
Customer service
Fees
Earns
Customer service
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Simpleswap | FEATURES | Switchere |
|---|---|---|
|
SimpleSwap supports flexible trading with no minimum deposit, making it accessible for casual users and beginners to start trading with any amount. |
Minimum Trade |
Switchere offers a low minimum trade amount, making it accessible for beginners or those looking to experiment with small transactions. |
|
The platform operates with a straightforward fee structure but lacks the transparency of detailed fee breakdowns that might benefit users looking for cost efficiency. |
Trading and Transaction Fees |
The fees are relatively high compared to industry standards, which might deter frequent traders or those dealing in larger volumes. |
|
Offers a wide variety of over 300 cryptocurrencies, providing users with extensive options for trading different digital assets. |
Number of Cryptocurrencies |
Switchere supports a limited but essential selection of cryptocurrencies, suitable for those new to crypto but restrictive for diverse portfolios. |
|
Supports numerous trading pairs, allowing for versatile crypto-to-crypto exchanges, though it could expand into more niche or emerging cryptocurrencies. |
Crypto-to-Crypto Trading Pairs |
Offers basic trading pairs; however, it lacks the variety provided by larger exchanges, limiting strategic trading options. |
|
While the website is user-friendly, it could improve by providing more detailed information about the company’s background and operational logistics. |
Website Transparency |
The website clearly outlines fees, processes, and security measures, providing users with the information they need to make informed decisions. |
|
SimpleSwap focuses solely on cryptocurrency exchanges and does not provide additional financial tools like an exchange card, limiting its utility for everyday transactions. |
Credit/Debit Card |
Switchere focuses on direct cryptocurrency purchases with fiat and does not provide additional financial tools like a branded exchange card. |
|
Provides secure storage options, though detailed information on security measures and storage capabilities could be more transparent. |
Storage Offering |
Offers secure storage solutions, though it might lack some advanced security features available on more specialized platforms. |
|
Limited staking options and rewards are available, which could be enhanced to attract long-term investors. |
Staking and Rewards |
Limited options for staking and rewards, which could be expanded to encourage longer-term investments and user retention. |
|
Offers a functional mobile app that is efficient and convenient for trading on the go, although further enhancements could improve user experience and features. |
Mobile App and Desktop |
Both mobile and desktop platforms are user-friendly and reliable, though they may lack some functionalities expected by advanced users. |
|
Generally receives positive feedback for customer service, but could benefit from extended support hours and faster response times. |
Customer Service |
Generally responsive and helpful, but some users may experience delays during peak times. |
|
Crypto deposits and withdrawals are supported, but the addition of fiat options and reduction of withdrawal fees would improve this feature. |
Deposit and Withdraw |
The process is straightforward, but the high fees for some operations and limited methods for withdrawal can be a drawback. |
At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.
We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).
For more details on the categories considered when rating brokers and our process, read our full methodology.
Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.
Neither Threenvest, nor the author, are recommending you to invest with this article.
We help you invest in the crypto market in the safest way possible.
Threenvest was born by and for you. Our mission is to help you invest in the cryptocurrency market in the easiest and safest way possible. And how do we make money? Very simple, every time you click on any of the platforms that we recommend, it is possible that we get an income. We do not work with unsafe platforms, our standard is only to recommend platforms where we would invest our money ourselves.
© All rights reserved 2025 | Threenvest I/S