Is Coinbase or SimpleSwap KYC?

Coinbase is rated Mandatory ID. SimpleSwap is rated Anonymous Access.

Does Coinbase or SimpleSwap have lower KYC requirements?

SimpleSwap has lower KYC requirements (Anonymous Access) compared to Coinbase (Mandatory ID).

Coinbase is rated Mandatory ID. Full KYC required. US-regulated and compliant. No Monero support. Reports to IRS and other regulators.

SimpleSwap is rated Anonymous Access. No registration required. 600+ cryptocurrencies. May request KYC on unusually large transactions.

Side-by-side comparison of verification profiles, exchange type, supported coins, and jurisdiction for Coinbase and SimpleSwap.

Exchange A

Coinbase

Mandatory ID

Exchange B

SimpleSwap

Anonymous Access

Feature	CB Coinbase	SS SimpleSwap
Verification Profile	Mandatory ID	Anonymous Access
Type	Centralized Exchange	Instant Swap
XMR Support	No ✗	Yes ✓
Supported Coins	BTC, ETH, SOL, USDT, 250+	XMR, BTC, ETH, SOL, ADA, 600+
Jurisdiction	USA	International
Founded	2012	2018
Notes	Full KYC required. US-regulated and compliant. No Monero support. Reports to IRS and other regulators.	No registration required. 600+ cryptocurrencies. May request KYC on unusually large transactions.
	Visit ↗	Visit ↗

SimpleSwap requires Anonymous Access vs Coinbase's Mandatory ID.