Questions tagged [simpleswap]

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.

Tommaso Fri Jul 05 2024 | 6 answers 1331

As a crypto enthusiast, I'm always on the lookout for convenient and secure ways to exchange my cryptocurrencies. Given the growing popularity of SimpleSwap, I'm curious to know if it offers the ability to conduct cryptocurrency exchanges without the need for registration. After all, privacy and anonymity are important considerations in the crypto world. Would SimpleSwap's service allow me to quickly and safely swap my coins without having to go through the hassle of signing up for an account? I'm particularly interested in whether this feature is available for a wide range of cryptocurrencies and whether there are any limitations or caveats to be aware of.