OpenPeer vs. SimpleSwap Comparison


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About OpenPeer offers a decentralized alternative to the p2p marketplaces offered by centralized exchanges. Users can use OpenPeer to connect with each other and trade between fiat and crypto currencies. OpenPeer doesn’t take any custody of funds and escrow is provided through decentralized smart contracts. One benefit of OpenPeer is being able to buy directly to your wallet which skips any withdrawal fees you may have to pay when withdrawing from a centralized exchange. You can then easily swap to any token of your choice on a DEX. OpenPeer supports many chains including Polygon, Binance Smart Chain and Arbitrum.	About SimpleSwap is a self-custodial multi-source swap aggregator that helps users exchange crypto with more privacy and control, without comparing providers and routes themselves. It supports direct wallet-to-wallet swaps across 20+ liquidity providers and 2,800+ swappable assets, combining liquidity from well-known CEX and DEX sources under the hood. With 400,000+ app installs and 100,000+ community members worldwide, it remains one of the most trusted names in self-custodial exchange. What you get: – 2,800+ cryptocurrencies across 3.2M+ trading pairs – Swap directly from your wallet, no account required – Fixed rate (locked for 20 minutes) or floating rate (real-time market pricing) – Loyalty Program, Affiliate Program, and Invite System for users and partners – 24/7 customer support How it works: select a trading pair → enter your receiving wallet address → send crypto → receive the converted asset.
Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported	Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Supported iPad Supported Android Supported Chromebook Not Supported
Audience Users that want to buy and sell crypto on a peer to peer non-custodial exchange	Audience Anyone interested in a user-friendly and reliable service for cryptocurrency exchanges
Support Phone Support Not Supported 24/7 Live Support Not Supported Online Supported	Support Phone Support Supported 24/7 Live Support Supported Online Supported
API Offers API Not Supported	API Offers API Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing $0 Free Version Supported Free Trial Not Supported	Pricing No information available. Free Version Supported Free Trial Not Supported
Reviews/Ratings Overall 5.0 / 5 ease 5.0 / 5 features 5.0 / 5 design 5.0 / 5 support 5.0 / 5 Read all reviews	Reviews/Ratings Overall 4.2 / 5 ease 4.0 / 5 features 3.6 / 5 design 3.8 / 5 support 4.0 / 5 Read all reviews
Pros & Cons from Real Users Pros Easy to sign in with Metamask and get started trading. They support Arbitrum, my favourite chain. Straight forward verification process if you want to KYC but you can also use the platform without KYCing. Cons Not enough ads posted for my currency but hopefully this will improve as more people start using OpenPeer.	Pros & Cons from Real Users Pros Had to get my funds transferred from one chain to another, and I absolutely did not want to go through a bridge once more. The last time I went through a bridge experience, I had to sit down and worry about three steps. This time around, all I needed to do was choose the source and destination coins, press the send button, and it arrived in my wallet. No account needed for a swap. Coin selection covers smaller L1s alongside the majors. Works in a regular browser without downloading an app. very simple process, fast swaps, no registration needed. You can register if you want to keep your swap history, and the signup is simple too. Mobile app works really well, did a bunch of swaps on the go without any issues. The loyalty program is a nice bonus, accumulates over time if you use the platform regularly and fixed rate option is useful when the market is unstable. Their support team is also awesome and very friendly no account needed which saves time. supports a good range of pairs, found most pairs i needed including some less common ones. fixed and floating rate options are both there which is useful depending on what youre doing. mobile app works fine for quick swaps on the go Cons None to speak of, apart from having to find out the switch point from fixed to floating rates. Final amount on a floating-rate swap can move from initial quote if the token is volatile. haven't found any yet, the experience was fully positive. Nothing major honestly. Could maybe use a bit more detail in the transaction history view but that's a small thing swap time estimates arent always accurate, mine took longer than shown once. rate spread on some pairs is wider than id like
Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported	Training Documentation Supported Webinars Not Supported Live Online Supported In Person Not Supported
Company Information OpenPeer Founded: 2023 openpeer.xyz/	Company Information SimpleSwap Founded: 2018 Cayman Islands simpleswap.io
Alternatives Bisq	Alternatives ChangeNOW
AirSwap	Crypto Exchange API ChangeNOW
Binance P2P Binance	NadiFin
Remitano	StealthEX
SilverLineSwap SilverLine View All	Baltex View All
Categories Decentralized Exchanges (DEX) Supported P2P Crypto Exchanges Supported	Categories Crypto APIs Supported Cryptocurrency Exchanges Supported P2P Crypto Exchanges Supported

Integrations Beam Not Supported Binance Not Supported Bitfinex Not Supported Ethereum Supported HTX Not Supported Harmony Not Supported HitBTC Not Supported Kraken Not Supported Kraken Not Supported KuCoin Not Supported MetaMask Supported OKX Not Supported OrangeFren Not Supported Poloniex Not Supported Polygon Supported Ravencoin Not Supported Swapzone Not Supported Trocador Not Supported ZKFair Not Supported Show More Integrations View All 3 Integrations	Integrations Beam Supported Binance Supported Bitfinex Supported Ethereum Not Supported HTX Supported Harmony Supported HitBTC Supported Kraken Supported Kraken Supported KuCoin Supported MetaMask Not Supported OKX Supported OrangeFren Supported Poloniex Supported Polygon Not Supported Ravencoin Supported Swapzone Supported Trocador Supported ZKFair Supported Show More Integrations View All 20 Integrations
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