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SimpleSwap Review by Benzinga

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Benzinga

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Benzinga is a U.S.-based financial news and media platform covering stocks, investing, markets, and increasingly, digital assets and cryptocurrency. Known for its fast-moving, data-driven financial content, it serves a broad audience of retail investors, traders, and fintech professionals.

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Summary

Published in February 2025, the article announces and details the integration of simpleswap.io into Tangem Wallet. The piece now available for readers on the Benzinga website is structured as a product announcement combined with a practical user guide, explaining what the integration offers, why both products are well-suited to each other, and how users can execute swaps step by step.

SimpleSwap is described in detail in the article as a self-custodial crypto exchange platform that does not require user to sign up, supports a wide range of cryptocurrencies and numerous trading pairs, as well as delivers funds directly to the user's wallet without intermediary risk that comes with custodial exchanges. The article highlights the main benefits of the simpleswap.io integration: anonymous transactions without having to create an account with the platform, extensive asset coverage, a choice between fixed and floating exchange rates, and secure self-custodial fund transfers. There is also a walk through in a seven-step user guide showing exactly how to initiate and complete a swap within the Tangem app.

Key Takeaways

simpleswap.io is now natively integrated into Tangem Wallet, enabling crypto swaps directly within a cold wallet environment without leaving the app or compromising self-custody.
No registration is required, so users can swap anonymously, preserving the privacy and security principles central to hardware wallet use.
2,800+ cryptocurrencies are supported, giving Tangem users access to a broad asset universe beyond major tokens without relying on external exchanges.
Fixed and floating rate options give users control over price certainty versus market-responsive execution depending on their preference and market conditions.
Self-custodial execution is maintained end-to-end, which means that funds are transferred directly to the destination wallet with no intermediary holding, eliminating counterparty risk.