SimpleSwap vs LetsExchange: the Vietnam numbers
SimpleSwap vs LetsExchange for Vietnam: published fees, verification rules, and availability side by side, checked on July 29, 2026.
- Verified
- Jul 29, 2026
- Sources
- Official sources cited
- Market
- Vietnam
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- Market
- en-VN / VN
- Page
- comparison
- Updated
- Jul 29, 2026
Referral terms vary by region and account state.
The published numbers split this one: SimpleSwap has the longer track record (since 2018 vs 2021); LetsExchange lists more assets (6120 vs 2800). Neither side sweeps the table for Vietnam, so the right pick depends on which row matters most to you. Every figure was re-checked against official pages on July 29, 2026, and the row-level sources are one click away below.
exchange
SimpleSwap
- market
- Vietnam
Referral terms vary by region and account state.
Swap with SimpleSwapSimpleSwap and its counterpart are lined up on the same published rows below — entry-tier costs, verification, coverage, and local availability — with the winning cell decided by the published number alone, re-checked on July 29, 2026. Where a platform does not publish a figure, the row says so instead of guessing, because an unpublished number is a real answer about transparency too. Use the availability row first if you are signing up from Vietnam: a cheaper venue that cannot legally take your registration is not cheaper.
| Brand | Published value | Source | Availability | |
|---|---|---|---|---|
| SimpleSwap | Fee model: Spread-based: no explicit percentage fee on crypto-to-crypto swaps; margin is built into the quoted rate · 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 official website | accepts Vietnam | Open account |
 LetsExchange | Fee model: Commission embedded in quoted rate (You Get amount); components: blockchain fees + liquidity provider + AML verification + LetsExchange commission; no numeric % published; 'no hidden fees' · Rate types: Floating (market) rate and guaranteed fixed rate | LetsExchange official website | accepts Vietnam | Open account |
Each check below names the platform whose published number wins that row outright, using the values re-verified on July 29, 2026. SimpleSwap and its rival keep their source links in the last row, so any cell can be audited in one click before you commit funds — and if a provider stops publishing a value, the row flips to "not published" on the next re-check rather than staying frozen.
| Check | SimpleSwap | LetsExchange |
|---|---|---|
| Fee model | Spread-based: no explicit percentage fee on crypto-to-crypto swaps; margin is built into the quoted rate | Commission embedded in quoted rate (You Get amount); components: blockchain fees + liquidity provider + AML verification + LetsExchange commission; no numeric % published; 'no hidden fees' |
| Rate types | Floating and fixed rate; fixed-rate swaps require deposit within 20 minutes and have upper limits; floating-rate swaps have no restrictions | Floating (market) rate and guaranteed fixed rate |
| Custody model | Non-custodial: crypto sent directly to user wallet, not stored on the service | Non-custodial; FAQ: platform doesn’t store users’ funds; exchanges executed by third-party liquidity partners |
| KYC policy | No mandatory KYC / sign-up; KYC triggered only for transactions flagged as suspicious; optional voluntary verification via SumSub for account perks | No mandatory registration/KYC; risk-based KYC may be triggered at company discretion or by third-party liquidity partners, who may suspend/freeze transactions pending KYC/KYT; no numeric no-KYC threshold published |
| Listed assets | 2800+ cryptocurrencies (homepage; FAQ still says 'more than 1000 currencies') | 6120+ cryptocurrencies (live homepage counter) |
| Founded | Operating since 2018 per site copyright line (no explicit 'founded in' statement found; Wikipedia article does not exist) | Operating since 2021 (footer: © 2021-2026 LetsExchange) |
| Current promotion | Crypto Exchange Free from sign-up, limits, complications | Swap, buy, and sell crypto secure and hassle-free |
| Availability | accepts Vietnam | accepts Vietnam |
| Official source | SimpleSwap official website | LetsExchange official website |
Using SimpleSwap or LetsExchange from Vietnam
Signing up from Vietnam puts SimpleSwap and LetsExchange under a local rulebook, and it is not what the fee table alone tells you. Under Vietnam's crypto-asset market pilot resolution, the Ministry of Finance (Bộ Tài chính) is the authority responsible for managing and supervising crypto-asset service providers, leading in coordination with the State Bank of Vietnam and the Ministry of Public Security. Crypto platforms operate under Government Resolution No. 05/2025/NQ-CP on piloting the crypto-asset market in Viet Nam, signed on 9/9/2025 and effective from 9/9/2025 with a 5-year pilot period, during which only organisations licensed by the Ministry of Finance may provide crypto-asset services. How money actually reaches the order book here: NAPAS FastFund 247 is the dominant local funding rail: a real-time interbank transfer service provided by NAPAS to member banks and non-banking organizations, letting customers use cards or bank accounts to send and receive money in real time when funding accounts in Vietnamese dong. null. On tax treatment in this market: Under the Ministry of Finance circular guiding tax policy for Vietnam's crypto-asset market pilot, individual investors — resident or non-resident — who transfer crypto assets through licensed crypto-asset service providers pay personal income tax at 0.1% of the price of each transfer. None of this market context changes the SimpleSwap figures in the table above — it decides how you act on them.
- Which is better: SimpleSwap or LetsExchange?
- The published numbers do not produce a single winner for Vietnam; the table above shows which platform wins each row so you can weight what matters to you.
- How is crypto regulated in Vietnam?
- Under Vietnam's crypto-asset market pilot resolution, the Ministry of Finance (Bộ Tài chính) is the authority responsible for managing and supervising crypto-asset service providers, leading in coordination with the State Bank of Vietnam and the Ministry of Public Security. — Crypto platforms operate under Government Resolution No. 05/2025/NQ-CP on piloting the crypto-asset market in Viet Nam, signed on 9/9/2025 and effective from 9/9/2025 with a 5-year pilot period, during which only organisations licensed by the Ministry of Finance may provide crypto-asset services. (source: xaydungchinhsach.chinhphu.vn).
- 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 it has no input into which cell wins a row — the published numbers decide.
At a glance
Key facts
- Market
- Vietnam
- Verified
- Jul 29, 2026
- Data completeness
- Only figures backed by the cited sources are shown; anything we could not verify is left out.
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
- market
- Vietnam
Referral terms vary by region and account state.
Swap with SimpleSwapexchange
LetsExchange
- market
- Vietnam
Referral terms vary by region and account state.
Swap with LetsExchangeRoute fit
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Machine-readable summaryen-VN / VN
- Canonical source
- https://chaincosts.com/en-VN/compare/simpleswap-vs-letsexchange
- What this page does
- comparison screening with visible partner-link disclosure
- Offers covered
- SimpleSwap, LetsExchange
- Evidence
- 3 cited sources: SimpleSwap official website, LetsExchange official website, ChainCosts exchange fee checklist
- Partner links
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- Informational only. Verify provider terms, eligibility, and fees before acting.
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