SimpleSwap in Singapore: verified costs and terms
SimpleSwap terms for Singapore: verified costs, verification rules, and availability, checked against official pages on September 8, 2026 with a source link for every claim.
- Verified
- Sources
- Official sources cited
- Market
- Singapore
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SimpleSwapexchangeCrypto Exchange Free from sign-up, limits, complications · terms apply
No extra cost to you · Official provider site · Commission disclosed
How we earn · How we verify fees
- Market
- en-SG / SG
- Page
- review
- Updated
- 8 Sept 2026
Referral terms vary by region and account state.
SimpleSwap does not publish a single headline fee, so this page collects the terms it does publish and links every claim to its source (last checked September 8, 2026). SimpleSwap accepts sign-ups from Singapore at the time of our last check. Verification rules are summarised below straight from the official help pages, so you know what the platform asks for before you commit an email address. The service has operated since 2018, which we treat as track record, not as an endorsement. Singapore regulates crypto service providers tightly, and several global venues restrict retail onboarding for Singapore residents.
Exchange
SimpleSwap
- Promo
- Crypto Exchange Free from sign-up, limits, complications
- Market
- Singapore
Referral terms vary by region and account state.
Swap with SimpleSwapSimpleSwap at a glance
The table below is the public entry-tier snapshot for SimpleSwap: published fees, verification rules, and account terms, each linked to the official page it was read from and dated September 8, 2026. Logged-in tiers, promotions, and regional product lines can differ from the public schedule, so treat these numbers as the starting point for Singapore and confirm inside the account before moving size.
| What | Published value | Source |
|---|---|---|
| Fee model | Spread-based: no explicit percentage fee on crypto-to-crypto swaps; margin is built into the quoted rate | simpleswap.io |
| Rate types | Floating and fixed rate; fixed-rate swaps require deposit within 20 minutes and have upper limits; floating-rate swaps have no restrictions | simpleswap.io |
| Custody model | Non-custodial: crypto sent directly to user wallet, not stored on the service | simpleswap.io |
| KYC policy | No mandatory KYC / sign-up; KYC triggered only for transactions flagged as suspicious; optional voluntary verification via SumSub for account perks | simpleswap.io |
| Listed assets | 2800+ cryptocurrencies (homepage; FAQ still says 'more than 1000 currencies') | simpleswap.io |
| Founded | Operating since 2018 per site copyright line (no explicit 'founded in' statement found; Wikipedia article does not exist) | simpleswap.io |
| Current promotion | Crypto Exchange Free from sign-up, limits, complications | simpleswap.io |
| Crypto oversight | Monetary Authority of Singapore (MAS) oversees retail crypto as a payment service | mas.gov.sg |
| Local funding rails | FAST (Fast and Secure Transfers) is the instant Singapore-dollar interbank transfer rail used for exchange deposits | mas.gov.sg |
Using SimpleSwap from Singapore
Signing up from Singapore puts SimpleSwap under a local rulebook, and it is not what the fee table alone tells you. Monetary Authority of Singapore (MAS) oversees retail crypto as a payment service. Payment Services Act licensing: crypto exchanges are licensed payment service providers under the digital payment token service category, typically holding a Major Payment Institution licence. How money actually reaches the order book here: FAST (Fast and Secure Transfers) is the instant Singapore-dollar interbank transfer rail used for exchange deposits. PayNow is the consumer-facing proxy-addressing overlay on FAST, letting users pay via mobile number, NRIC or business number. On tax treatment in this market: IRAS generally treats individuals' gains from buying and selling financial instruments, including digital tokens, as non-taxable personal investments; there is no capital gains tax.
Frequently asked questions
- What does SimpleSwap actually charge?
- Spread-based: no explicit percentage fee on crypto-to-crypto swaps; margin is built into the quoted rate — published at simpleswap.io and last checked on September 8, 2026. Promotional tiers and account-level discounts can lower it.
- Is SimpleSwap available in Singapore?
- SimpleSwap accepts sign-ups from Singapore at the time of our last check.
- Do I need to verify my identity on SimpleSwap?
- No mandatory KYC / sign-up; KYC triggered only for transactions flagged as suspicious; optional voluntary verification via SumSub for account perks (source: simpleswap.io).
- How does ChainCosts earn from this page?
- If you open an account through a link here, the provider may pay us a commission. It never changes the price you pay, and the numbers above come from the provider's published pages, not from the commercial relationship.
- How is crypto regulated in Singapore?
- Monetary Authority of Singapore (MAS) oversees retail crypto as a payment service — Payment Services Act licensing: crypto exchanges are licensed payment service providers under the digital payment token service category, typically holding a Major Payment Institution licence (source: mas.gov.sg).
At a glance
Key facts
- Market
- Singapore
- Verified
- Data completeness
- Only figures backed by the cited sources are shown; anything we could not verify is left out.
Sources
- SimpleSwap official website
- ChainCosts exchange fee checklist
ChainCosts may earn a commission if you sign up through a partner link on this page. This never changes the numbers we publish.
Not financial, tax, custody, or investment advice. Verify live terms with the provider before acting.
Exchange
SimpleSwap
- Promo
- Crypto Exchange Free from sign-up, limits, complications
- Market
- Singapore
Referral terms vary by region and account state.
Swap with SimpleSwapRoute fit
Who should use this page
swap or exchange screening where users need the destination, fee model, and source references in one place.
- Confirm the provider serves this market before creating an account.
- Check live fees, bonus terms, limits, and identity requirements on the provider site.
- Use the partner link only when the destination still matches SimpleSwap and the visible terms look acceptable.
- Do not assume availability, pricing, or bonuses are identical across countries.
- Avoid depositing or submitting documents until provider terms match your own risk tolerance.
- Remember that partner actions go through ads.chaincosts.com; official source links remain direct.
Machine-readable summaryen-SG / SG
- Canonical source
- https://chaincosts.com/en-SG/review/simpleswap
- What this page does
- review screening with visible partner-link disclosure
- Offers covered
- SimpleSwap
- Evidence
- 2 cited sources: SimpleSwap official website, ChainCosts exchange fee checklist
- Partner links
- Partner actions go through ads.chaincosts.com; source links stay direct.
- Not advice
- Informational only. Verify provider terms, eligibility, and fees before acting.
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