How a Conversion Is Routed and Delivered
SimpleSwap is a self-custodial multi-source swap aggregator. It routes a conversion across 20+ CEX and DEX liquidity sources and delivers the result to your wallet, without running its own order book or holding a balance in between.
A swap has five parts: pick the pair and rate, enter your address, send the deposit, wait for confirmations, and the routed asset arrives. No account is needed for most crypto-to-crypto swaps.
The Swap, Step by Step
1Choose your pair
Pick the asset you're sending and the one you want to receive. SimpleSwap estimates a rate from live liquidity before you commit to anything.
2Pick a rate type
Fixed locks the price for 20 minutes. Floating tracks the market and settles at the moment of execution.
3Enter your wallet address
If the asset exists on more than one network, for example USDT on TRX, BSC or ETH, select the matching one before entering the address.
4Send your crypto
SimpleSwap generates a unique deposit address for that transaction. Send from your own wallet; that's the last action needed on your side.
5Routing delivers it
Once the deposit confirms on-chain, the swap routes through the selected liquidity source and the converted asset lands in your address.
What "Liquidity Routing" Actually Means
Instead of running its own order book, SimpleSwap compares live pricing across 20+ CEX and DEX sources for each pair and sends the swap through whichever one fills it best at that moment. A visual walkthrough of that flow is on the home page. The result is one route per swap, not every source touching every trade, and it's why supported assets can run to 2,800+ without SimpleSwap needing to hold inventory in each one.
Fixed vs Floating, the Real Difference
| Rate type | What's locked | Cost trade-off |
|---|---|---|
| Fixed | The quoted price, for 20 minutes from the start of the swap | Slightly wider spread. The cost of not watching the market during confirmation |
| Floating | Nothing in advance; set at the moment of execution | Tighter spread, but the final amount can land above or below the estimate |
For most standard conversions, the difference is small enough to come down to preference: certainty versus a marginally tighter rate.
Why It Shows Up Inside Other Apps
The same routing engine is exposed through an API, which is how it ends up inside Exodus, Tangem, Ellipal, Cake Wallet and Tonkeeper without users leaving those apps. Each integration runs its own vendor review before shipping SimpleSwap's swap flow inside its own interface, which is a different bar than simply linking out to an external site.
See the legitimacy record
Operating history, integrations, and the public documentation behind the product.