SimpleSwap vs SwapSpace: the Malaysia numbers
SimpleSwap vs SwapSpace for Malaysia: published fees, verification rules, and availability side by side, checked on June 3, 2026.
- Verified
- 3 Jun 2026
- Sources
- Official sources cited
- Market
- Malaysia
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- Market
- en-MY / MY
- Page
- comparison
- Updated
- 3 Jun 2026
Referral terms vary by region and account state.
SimpleSwap and SwapSpace both publish their terms — this page compares them line by line for Malaysia. Neither platform publishes enough overlapping numbers for a mechanical verdict in Malaysia, so this page puts the terms they do publish side by side, each linked to its source. Every figure was re-checked against official pages on June 3, 2026, and the row-level sources are one click away below.
exchange
SimpleSwap
- market
- Malaysia
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 June 3, 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 Where a platform does not publish a figure, the row says so instead of guessing, because an unpublished number is a real answer about transparency too.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 Malaysia: 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 Malaysia | Open account |
 SwapSpace | Fee model: not published · Rate types: not published | SwapSpace official website | accepts Malaysia | Open account |
Each check below names the platform whose published number wins that row outright, using the values re-verified on June 3, 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 | SwapSpace |
|---|---|---|
| Fee model | Spread-based: no explicit percentage fee on crypto-to-crypto swaps; margin is built into the quoted rate | not published |
| Rate types | Floating and fixed rate; fixed-rate swaps require deposit within 20 minutes and have upper limits; floating-rate swaps have no restrictions | not published |
| Custody model | Non-custodial: crypto sent directly to user wallet, not stored on the service | not published |
| KYC policy | No mandatory KYC / sign-up; KYC triggered only for transactions flagged as suspicious; optional voluntary verification via SumSub for account perks | not published |
| Listed assets | 2800+ cryptocurrencies (homepage; FAQ still says 'more than 1000 currencies') | not published |
| Founded | Operating since 2018 per site copyright line (no explicit 'founded in' statement found; Wikipedia article does not exist) | not published |
| Current promotion | Crypto Exchange Free from sign-up, limits, complications | not published |
| Availability | accepts Malaysia | accepts Malaysia |
| Official source | SimpleSwap official website | SwapSpace official website |
Using SimpleSwap or SwapSpace from Malaysia
Signing up from Malaysia puts SimpleSwap and SwapSpace under a local rulebook, and it is not what the fee table alone tells you. Securities Commission Malaysia (SC), the statutory body regulating Malaysia's capital markets (digital asset exchanges fall under securities law). Digital asset exchanges serving Malaysia are registered by the Securities Commission Malaysia as Recognized Market Operators (RMO) to establish and operate a digital asset exchange (DAX); running a DAX without SC authorisation is an offence under securities laws. How money actually reaches the order book here: DuitNow instant account-to-account transfer (Real-time Retail Payments Platform run by PayNet): instant send/receive using a mobile number or DuitNow ID across participating banks and e-wallets. DuitNow transfers cost nothing up to RM5,000; above that a 50 sen fee applies, and many banks waive it. Available via internet and mobile banking at banks nationwide and participating e-wallets. On tax treatment in this market: Income from active crypto activities such as trading, mining and exchange is subject to Malaysian income tax, with digital currencies classified as commodities that can constitute business income (Ministry of Finance, parliamentary reply). 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 SwapSpace?
- The published numbers do not produce a single winner for Malaysia; the table above shows which platform wins each row so you can weight what matters to you.
- How is crypto regulated in Malaysia?
- Securities Commission Malaysia (SC), the statutory body regulating Malaysia's capital markets (digital asset exchanges fall under securities law). — Digital asset exchanges serving Malaysia are registered by the Securities Commission Malaysia as Recognized Market Operators (RMO) to establish and operate a digital asset exchange (DAX); running a DAX without SC authorisation is an offence under securities laws. (source: scxsc.my).
- 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
- Malaysia
- Verified
- 3 Jun 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
- Malaysia
Referral terms vary by region and account state.
Swap with SimpleSwapexchange
SwapSpace
- market
- Malaysia
Referral terms vary by region and account state.
Compare swaps on SwapSpaceRoute fit
Who should use this page
swap or exchange screening where users need the destination, fee model, and source references in one place.
- Confirm the provider serves this market before creating an account.
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- Use the partner link only when the destination still matches SimpleSwap and the visible terms look acceptable.
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Machine-readable summaryen-MY / MY
- Canonical source
- https://chaincosts.com/en-MY/compare/simpleswap-vs-swapspace
- What this page does
- comparison screening with visible partner-link disclosure
- Offers covered
- SimpleSwap, SwapSpace
- Evidence
- 3 cited sources: SimpleSwap official website, SwapSpace official website, ChainCosts exchange fee checklist
- Partner links
- Partner actions go through ads.chaincosts.com; source links stay direct.
- Not advice
- Informational only. Verify provider terms, eligibility, and fees before acting.
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