Simplex review

Across the brands compared, the median taker fee is 0.2%, and 0.2% is the median for the exchanges group. What Simplex shows directly is how money gets in: card, bank and sepa sets out the accepted deposit routes.

The Bank of Lithuania (LSC) is the regulator, and the licence is recorded as MiCA CASP 894500IY99QLL9M0SR28, a MiCA CASP registration. The legal entity behind it is Nuvei Liquidity UAB, and Bank of Lithuania (LSC) names the same authority.

card, bank and sepa lists the accepted routes, including card, bank, SEPA and ACH. SEPA is the least common of those among the exchanges compared at 32.7%, while bank transfer is shared by 91.8% and card funding by 53.1%.

200 coins are listed, which sits above ActiveTrades at 9 and below bunq at from 350 and Bitpanda at from 650. The median across the exchanges compared is 74.5, and coins supported sitewide have a median of 49.

custodial lists custodial only, so the platform holds the coins rather than a wallet you control, which keeps the account straightforward to run. Proof of reserves: no, and only 79.4% of the brands compared publish one.

email and help centre covers email and a help centre. A help centre is common, shared by 91.6% of the buy crypto brands compared, while live chat appears on 44.9% of them, and answers here are written rather than spoken.

Derivatives: no. cex places it among centralised exchanges, where 100% of the derivatives exchanges compared do offer them, so the dealing here is spot only, across a catalogue of 200 coins.

It was founded in 2014, and the regulated entity is Nuvei Liquidity UAB, based in Lithuania. Of the 848 brands on the site, 355 are licensed, so the licence record is worth reading in full.