Cryptocurrency Q&A Does simpleswap store crypto?

Does simpleswap store crypto?

CryptoVisionary CryptoVisionary Sat Jul 13 2024 | 7 answers 1631
I've been hearing about SimpleSwap as a popular cryptocurrency exchange platform, but I'm a bit concerned about the security of my funds. Could you clarify if SimpleSwap actually stores cryptocurrency on their servers? I've heard of exchanges suffering from hacks and thefts, and I want to ensure my investments are safe. Additionally, if SimpleSwap doesn't store crypto, how does the exchange facilitate trades without directly holding the funds? Understanding this process would greatly ease my concerns and help me make an informed decision about using SimpleSwap. Does simpleswap store crypto?

7 answers

PulseEclipse PulseEclipse Mon Jul 15 2024
We adhere to strict privacy policies and do not store your cryptocurrency on our service. This ensures your assets remain secure and under your sole control.

Was this helpful?

116
86
Martina Martina Mon Jul 15 2024
To experience the simplicity and profitability of crypto trading, all you need to do is make your first exchange. You'll find it easy to navigate and understand.

Was this helpful?

108
28
Tommaso Tommaso Mon Jul 15 2024
SimpleSwap is a user-friendly platform that offers a safe environment for cryptocurrency exchanges. It caters to both beginners and experienced traders.

Was this helpful?

348
58
RiderWhisper RiderWhisper Mon Jul 15 2024
Cryptocurrency transactions are executed in a secure and direct manner, ensuring the funds are sent straight to your personal wallet.

Was this helpful?

387
26
SamuraiCourageous SamuraiCourageous Mon Jul 15 2024
The platform allows for swift and seamless crypto swaps, eliminating the need for lengthy verification processes. This enhances the overall user experience.

Was this helpful?

55
72
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users