A Practical Guide to Self-Custody Crypto Swaps With SimpleSwap
For many experienced crypto users, self-custody is a preferred way to manage digital assets.. Keeping control of private keys reduces dependence on third parties and gives users direct ownership of their funds. However, swapping assets while maintaining that control is not always straightforward.
The challenge is that liquidity is spread across multiple exchanges and blockchain ecosystems. A user swapping assets manually may need to compare rates between several crypto swap aggregators and evaluate available routes before making a transaction. For larger swaps, these differences can have a noticeable impact on execution.
As a self-custodial multi-source swap aggregator, SimpleSwap connects users to liquidity from both centralized and decentralized venues without requiring them to maintain a persistent balance on the platform. Users retain control of their private keys, while the amount submitted for a specific swap is sent to a transaction-specific deposit address and processed until the exchange is completed.
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