Software Alternatives, Accelerators & Startups

SimpleSwap.io VS Algo

Compare SimpleSwap.io VS Algo and see what are their differences

SimpleSwap.io logo SimpleSwap.io

SimpleSwap is an instant cryptocurrency exchange without sign-up and upper-limits.

Algo logo Algo

Videos that speak with APIs.
  • SimpleSwap.io Landing page
    Landing page //
    2023-02-07

SimpleSwap is an instant cryptocurrency exchange. The service is free from sign-up and has a user-friendly interface that provides an easy exchange process. SimpleSwap offers more than 900 crypto and fiat currencies.

SimpleSwap has a Mobile App that is available on two platforms: iOS and Android.

Taking part in the SimpleSwap Loyalty Program you can receive a cashback in BTC. Moreover, service has introduced Invite system recently, which gives an ability to get cashback for you and your fellows. Also the platform offers its customers and partners an Affiliate Program with API, referral links, and widgets available.

SimpleSwap is available in 10 languages.

  • Algo Landing page
    Landing page //
    2023-09-20

SimpleSwap.io

Pricing URL
-
Platforms
Web Android iOS
Release Date
2018 April

SimpleSwap.io features and specs

  • User-Friendly Interface
    SimpleSwap.io has an easy-to-navigate and clean interface, making it accessible for both beginner and experienced crypto users.
  • No Account Registration
    Users can swap cryptocurrencies without needing to register an account, ensuring privacy and quick transactions.
  • Wide Range of Supported Cryptocurrencies
    SimpleSwap.io supports a large number of cryptocurrencies, providing flexibility for users who want to exchange various types of digital assets.
  • Fixed and Floating Rates
    The platform offers both fixed and floating exchange rates, allowing users to choose the option that best suits their needs.
  • Affiliate Program
    SimpleSwap.io provides an affiliate program where users can earn commissions for referring new users, offering an additional income stream for users.
  • 24/7 Customer Support
    The platform offers round-the-clock customer support to assist users with any queries or issues they may encounter.

Possible disadvantages of SimpleSwap.io

  • Higher Fees
    Compared to traditional exchanges, SimpleSwap.io may have higher fees, especially when using the fixed rate option.
  • Lack of Advanced Trading Features
    SimpleSwap.io is designed for straightforward swaps and lacks advanced trading features like limit orders or margin trading.
  • No Fiat Currency Support
    The platform does not support fiat currency exchanges, limiting users who are looking to trade between fiat and cryptocurrencies.
  • Price Fluctuations
    During high market volatility, the difference between quoted and actual rates can be significant, impacting the final amount received.
  • Not Regulated
    SimpleSwap.io is not regulated by financial authorities, which might be a concern for users looking for a more secure and compliant trading environment.

Algo features and specs

  • User-Friendly Interface
    Algo by Illo has a clean and intuitive user interface that makes navigation easy for users of all skill levels.
  • High-Quality Visuals
    The platform delivers high-quality animations and visuals, allowing users to create professional-looking content.
  • Strong Community Support
    Algo benefits from a strong community that provides support, tutorials, and inspiration for users.
  • Versatile Use Cases
    The tool is versatile, suitable for projects ranging from education to marketing, allowing wide applicability.

Possible disadvantages of Algo

  • Limited Customization Options
    Some users may find the customization options limited compared to more advanced animation software.
  • Subscription Costs
    Access to all features requires a subscription, which could be a barrier for those with limited budgets.
  • Learning Curve for Beginners
    Despite its user-friendly interface, beginners may still face a learning curve when mastering all features.
  • Dependency on Internet Connection
    Being an online platform, Algo requires a stable internet connection, which might not be accessible for everyone at all times.

SimpleSwap.io videos

How to use SimpleSwap?

Algo videos

Algo Trading Software Review : Quantacula

More videos:

  • Review - I tried AlgoExpert... is it worth it?
  • Review - Using ONLY Lux Algo to make a trade! (LIVE TRADE)

Category Popularity

0-100% (relative to SimpleSwap.io and Algo)
Cryptocurrencies
95 95%
5% 5
Crypto
92 92%
8% 8
Cryptocurrency Exchange
100 100%
0% 0
Cryptocurrency Investment

User comments

Share your experience with using SimpleSwap.io and Algo. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare SimpleSwap.io and Algo

SimpleSwap.io Reviews

  1. Great!

    Everything went well!

    The exchange office helped a lot, figured out the situation, and carried out the exchange within 3 minutes. For which many thanks to all the employees of the exchange office.

  2. Roy
    · engineer ·
    Helpful support

    Had an issue with my swap, (forgot to indicate the destination tag for my XRP token), got my refund within the few hours, so happy abt it) thank you guys for helping me

  3. Reliable exchange

    I am using this platform quite often and definitely, can suggest it to others, never had any issues.


Best Non-KYC Crypto Exchanges: Buy BTC Without KYC
SimpleSwap is an instant crypto platform that was launched in April 2018 and registered in the Marshall Islands. This service lets you exchange cryptocurrencies as well as buy crypto for fiat. Through SimpleSwap’s integration with many of the biggest platforms, you can swap a very large selection of cryptocurrencies, over 900 digital assets are freely available for exchange.
Source: stealthex.io
Top 8 Crypto Swapping Sites/Platforms For 2024; Here’s List
SimpleSwap is a simple and reliable rapid cryptocurrency and fiat-to-crypto exchange service. It is a simple-to-use platform with no sign-up and allows you to swap more than 500 currencies.It is available as a desktop website as well as an Android and iOS mobile app. SimpleSwap does not provide deposit storage, just an instant coin exchange service.
Source: coingape.com

Algo Reviews

6 open source tools for making your own VPN
Algo supports only the IKEv2 protocol and Wireguard. Because IKEv2 support is built into most devices these days, it doesn’t require a client app like OpenVPN. Algo can be deployed using Ansible on Ubuntu (the preferred option), Windows, RedHat, CentOS, and FreeBSD. Setup is automated using Ansible, which configures the server based on your answers to a short set of...
Source: opensource.com

Social recommendations and mentions

Based on our record, SimpleSwap.io seems to be a lot more popular than Algo. While we know about 84 links to SimpleSwap.io, we've tracked only 1 mention of Algo. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

SimpleSwap.io mentions (84)

  • Just sent 0.147ETH down the drain, thanks to multichain.org!
    Check out https://simpleswap.io/ next time. Source: almost 2 years ago
  • Where to buy now?!?!
    After doing the exchange on simpleswap.io for theta can I then send it to theta wallet? Source: almost 2 years ago
  • In case you didn't know.
    I literally used simpleswap.io ...but would have no issue using any of the others. The most important thing is to keep each swap on the same chain. So if you're sending UCDc to convert it to MATIC....be sure that your USDc is being send on the matic chain and that you are selecting MATIC coin to be received over the matic chain. I will attach a screenshot....if I can. I'm new to using reddit. Usually I just... Source: almost 2 years ago
  • Converting Ethereum into Bitcoin
    I'm sure people will correct me and say there's better ways but I've had good success using simpleswap.io for swapping between chains and that's how I flip my stables into bitcoin. Their terms state that they may ask for kyc but they never have for me. Source: almost 2 years ago
  • Trying to bridge BTC to polygon???
    I cant find any info that is valid on this topic. The only platform where Ive seen this service available is simpleswap.io which I have read people say is a scam. Source: almost 2 years ago
View more

Algo mentions (1)

What are some alternatives?

When comparing SimpleSwap.io and Algo, you can also consider the following products

SwapSpace - SwapSpace is a cryptocurrency aggregator exchanger.

Makara Crypto Baskets - Makara is the first US-regulated cryptocurrency robo-advisor offering crypto investment services in the United States.

changelly - Exchange alternative cryptocurrencies.

CoinBundle - Invest in crypto portfolios with one click and zero fees

StealthEX.io - Instant non-custodial cryptocurrency exchange with over 450 assets available for fast and limitless swaps.

CryptoETF - A tool to automatically rebalance your crypto portfolio