SimpleSwap is a no-KYC cryptocurrency exchange that allows you to swap to and from Monero. You can find SimpleSwap on monerica.com under the Non-KYC Exchanges section. You can also use the link in the video description below. That link is an affiliate link which helps Monerica make video reviews at no cost to you.
Disclaimer: This review is for educational purposes only. It is not financial, tax, or legal advice. Always consult a professional for your specific situation.
How SimpleSwap Works
- Choose a pair: Select the crypto you want to exchange. Example: Monero (XMR) → Solana (SOL).
- Enter the recipient address: Provide the address where you want the swapped funds sent. Example: your Solana address.
- Send the funds: Transfer the chosen crypto (e.g., Monero) to the deposit address provided by SimpleSwap.
- Receive the funds: After confirmations, the swapped crypto arrives in your wallet.
In this test, swapping XMR to SOL took about 6 minutes from start to finish.
Bonus Offer
While you do not need to sign up to use SimpleSwap, they offer a bonus: use the code provided in the video description when you create an account to receive $50 in Bitcoin.
Things to Keep in Mind
- Check the AML/KYC policy of the provider before using.
- Small, incremental transactions are generally safer than large single transactions.
- Even though the service does not require signup, conditions may vary by provider and amount.
Overall Impression
SimpleSwap is a convenient, no-KYC option for swapping Monero to and from other cryptocurrencies. It worked smoothly in this test with fast processing.