SimpleSwap non-custodial crypto exchange & token review

A Working Product Airdrop

It’s not often that you can find a value like SWAP token, airdropped for a retweet. SimpleSwap has a top notch product, one of the best DEX aggregators /swap sites in crypto. Their process is straight forward and similar to other smart contract exchanges. A market price is locked and a swap made when you send the funds. Over 300 cryptocurrencies to choose from, 24/7, the accessibility & ease of use is 2nd to none.

Where SimpleSwap outsmarts competitors, is in their loyalty rewards and affiliate programs. Users who hold SWAP, while using the exchange get 1% back from swaps. The “cashback” is in the form of SWAP coin, sent to your holding ETH/erc20 address.

Affiliates can earn up to 90% share of revenue through your referral link or api integrated widget. The options on the widget allow you to run a SWAP DEX. 300+ coins with fixed or floating exchange rates, traded from your own website.

For the Airdrop Hunters

SWAP coin can also be won and earned through bounties and giveaways. Right now they’re working through a twitter giveaway that requires a simple like and retweet for 20 SWAP tokens. EtherDelta, Forkdelta, and SimpleSwap are a few of the places I’ve found it so far, Uniswap has been less reliable. Otherwise you can’t find SWAP at many places.

A Simple Supply

100,000,000 total supply with 75% of that being set aside for a future private sale, to approved investors only. 6 million SWAP are planned for marketing. 4 million each for the bounty, airdrop, and development funds. They have 3 million earmarked for their advisers, with risk prevention and team bonuses each getting 2 million budgeted in SWAP.

My guess is that they burn or keep a decent % of that 75 million for sale. It might be easier to keep early supply low and hope price can rise. I feel like their focus should be on increasing the value of their holdings, before spending the coin on marketing etc. That or lock a % of the whales into long term smart contracts. The market is healthier on many airdrops and bounties don’t require KYC, maybe they should use more SWAP in promotion if they reach funding early.

SWAP is the 0x163C649Ac276C5FDcC27Db30a1C1F070Cb731C04 erc20 contract, be aware of other coins with the same name.