ComethSwap Crypto Exchange Review: High Fees, Limited Pairs, and Trust Concerns

By Robert Stukes    On 4 Nov, 2025    Comments (18)

ComethSwap Crypto Exchange Review: High Fees, Limited Pairs, and Trust Concerns

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ComethSwap is a decentralized crypto exchange that launched in 2021, promising a simple way to trade cryptocurrencies without handing over control of your keys. But here’s the reality: if you’re looking for a reliable, cost-effective DEX, ComethSwap might not be the one. With trading fees double the industry average, only 9 supported tokens, and growing community skepticism, it’s hard to recommend this platform - even for beginners.

How ComethSwap Works (And Why It’s Different)

ComethSwap operates as a non-custodial decentralized exchange (DEX), meaning you never give up control of your private keys. You connect your wallet - usually MetaMask - and trade directly with smart contracts on the blockchain. No sign-ups. No KYC. No middleman. That’s the standard DEX model, shared by Uniswap, PancakeSwap, and SushiSwap.

Where ComethSwap diverges is in its fee structure. Every trade, whether you’re buying or selling, costs 0.50%. That’s not a typo. Most DEXs charge between 0.01% and 0.30%. Even centralized exchanges like Coinbase or Kraken typically charge 0.10%-0.25%. ComethSwap’s fee is nearly twice what you’d pay on PancakeSwap and over 50% higher than Uniswap’s average.

That 0.50% fee goes straight to liquidity providers. The idea is to incentivize people to add funds to trading pools. But here’s the catch: with so few users and so few trading pairs, there’s not enough liquidity to make those incentives meaningful. You’re paying more to trade, but you’re not getting better prices or faster execution.

What You Can Trade (Spoiler: Not Much)

As of 2025, ComethSwap supports only 9 cryptocurrencies across 11 trading pairs. That’s less than what most DEXs offer in a single blockchain network.

  • Supported tokens include ETH, USDT, USDC, WBTC, and a handful of smaller tokens with no clear track record.
  • No major altcoins like SOL, ADA, DOT, or AVAX.
  • No stablecoin pairs beyond the basics - you can’t trade, say, DAI to FRAX, which many DeFi users rely on.
Compare that to Uniswap, which supports over 15,000 trading pairs. Or PancakeSwap, with over 1,200. Even SushiSwap, which many consider a niche platform, offers 500+ pairs. ComethSwap’s selection is so narrow that you’re essentially stuck trading the same few tokens over and over. If you want to diversify or explore new projects, you’ll need to move to another exchange anyway.

Why the Fees Are a Red Flag

Let’s say you want to swap $1,000 worth of ETH for USDT. On Uniswap, you’d pay around $3 in fees. On ComethSwap? You’d pay $5. That’s $2 extra - just for using a platform with fewer options and worse liquidity.

And it’s not just the fee. You still pay gas fees on Ethereum or whatever chain ComethSwap runs on. Those vary based on network congestion. So your total cost? Often $10-$15 per trade. That’s not sustainable for active traders. It’s also a bad deal for casual users who just want to swap a small amount.

The platform claims the fee helps liquidity providers earn more. But if no one’s using the platform, those providers aren’t earning much either. It’s a vicious cycle: high fees scare users away → low trading volume → low rewards for liquidity providers → even fewer users.

Pixel art comparing barebones ComethSwap interface to feature-rich Uniswap side by side.

No Advanced Tools. No Charts. No Limits.

ComethSwap doesn’t offer limit orders, stop-losses, or price alerts. No charting tools. No candlestick patterns. No order books. Nothing beyond a basic buy/sell button.

That might sound fine if you’re a beginner. But even beginners benefit from basic tools. If you want to buy ETH at $3,200 and not $3,500, you need a limit order. ComethSwap doesn’t have it. You’re forced to buy at whatever price the pool gives you - which could be slippage-heavy if the pool is shallow.

Compare that to 1inch or Matcha, which aggregate liquidity across multiple DEXs to give you the best price. Or even Uniswap’s interface, which now includes basic charting and slippage controls. ComethSwap feels like a prototype that never got finished.

Trust Issues: Is ComethSwap a Scam?

There’s no evidence ComethSwap is a rug pull or a scam. The smart contracts are live. Transactions are on-chain. But trust isn’t just about code - it’s about transparency and community.

The Beer Money Forum, a community with over 100,000 members, has an active thread titled “ComethSwap.io Reviews: SCAM or LEGIT?” That alone should raise eyebrows. If users are asking that question, something’s wrong.

You won’t find reviews on Trustpilot. No major Reddit threads. No YouTube breakdowns from trusted crypto analysts. Ryan Scribner’s 2025 review of top exchanges didn’t mention ComethSwap once - and he covered dozens of platforms.

The team behind it is anonymous. No LinkedIn profiles. No public roadmap. No GitHub activity. No developer updates. That’s not normal for a project that wants to grow. It’s normal for projects that want to disappear after collecting fees.

Pixel art of a crumbling bridge with only two tokens left, user hesitating near a 'SCAM OR LEGIT?' forum.

Who Is This For? (And Who Should Avoid It)

The only people who might consider ComethSwap:

  • Someone with a small amount of one of the 9 supported tokens who wants to swap it for another - and doesn’t mind paying 0.50%.
  • A person testing DeFi for the first time and wants a simple interface - but even then, Uniswap is easier and cheaper.
Everyone else should avoid it:

  • Active traders - fees will eat your profits.
  • Altcoin investors - you won’t find what you’re looking for.
  • Long-term holders - why pay high fees to move tokens you plan to hold?
  • Anyone concerned about platform longevity - this doesn’t look like a project with a future.

How It Compares to the Competition

ComethSwap vs Top DEXs - Key Differences (2025)
Feature ComethSwap Uniswap PancakeSwap SushiSwap
Trading Fee 0.50% 0.01%-1.00% (avg 0.30%) 0.25% 0.20%
Supported Tokens 9 15,000+ 1,200+ 500+
Trading Pairs 11 15,000+ 1,200+ 500+
Advanced Orders No Yes (slippage, limit) Yes Yes
Wallet Support MetaMask, WalletConnect MetaMask, WalletConnect, Ledger MetaMask, Trust Wallet MetaMask, Trust Wallet
Community Trust Low (scam discussions) High High Medium

The Bottom Line

ComethSwap isn’t a scam - but it’s not a good exchange either. It’s a niche platform with high fees, tiny liquidity, and no clear reason to exist. You’re paying more than you should for fewer options and zero advanced features.

If you’re new to crypto, start with Uniswap. If you want lower fees, try PancakeSwap. If you need more tokens, go to SushiSwap or 1inch. ComethSwap doesn’t offer anything those platforms don’t - and it costs more.

The only thing it’s good for is a cautionary tale: high fees don’t make a platform better. They just make users leave.

Is ComethSwap a scam?

There’s no proof ComethSwap is a scam - the smart contracts are live and transactions are on-chain. But the platform has serious red flags: a "scam or legit" discussion thread on a major forum, no public team, no roadmap, and no presence on trusted review sites. These aren’t signs of a scam, but they are signs of a project with low trust and questionable longevity.

Why is ComethSwap’s fee so high?

ComethSwap charges a flat 0.50% fee on every trade, which is higher than most DEXs (Uniswap averages 0.30%, PancakeSwap charges 0.25%). The platform says this fee rewards liquidity providers. But with only 11 trading pairs and low volume, liquidity is thin. That means the fee isn’t generating meaningful returns - it’s just making trades more expensive for users.

Can I trade altcoins on ComethSwap?

No. ComethSwap supports only 9 cryptocurrencies, mostly major ones like ETH, USDT, and WBTC. You won’t find popular altcoins like SOL, ADA, DOT, or newer DeFi tokens. If you want to trade anything beyond the basics, you’ll need to use a different exchange.

Does ComethSwap have limit orders or charts?

No. ComethSwap offers no advanced trading tools. You can’t set limit orders, stop-losses, or price alerts. There are no charts, no order books, and no slippage controls. It’s a basic buy/sell interface - suitable only for the simplest trades.

Is ComethSwap better than centralized exchanges?

Not for most users. Centralized exchanges like Coinbase or Kraken offer lower fees (0.10%-0.25%), hundreds of trading pairs, advanced tools, and customer support. ComethSwap’s only advantages are no KYC and non-custodial trading. But if you’re trading more than small amounts, the high fees and lack of options make centralized exchanges a far better choice.

What wallets work with ComethSwap?

ComethSwap works with MetaMask and WalletConnect - the same wallets used by most DEXs. No hardware wallets like Ledger or Trezor are officially supported. You’ll need to connect your wallet, approve token spending, and confirm each transaction manually. There’s no mobile app - everything runs through your browser.

18 Comments

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    John Doe

    November 6, 2025 AT 03:19
    This isn't just bad-it's a trap. 0.50% fee? On a platform with 9 tokens? Someone's laundering money through gas fees and calling it 'liquidity incentives.' I've seen rug pulls with more transparency. The team's ghosting like they already cashed out. 🤡
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    Michelle Sedita

    November 6, 2025 AT 11:55
    I appreciate the thorough breakdown. The fee structure really is indefensible-especially when you consider how little liquidity exists. It's like charging premium parking fees in an empty lot. The irony is thick enough to spread on toast.
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    Nitesh Bandgar

    November 6, 2025 AT 16:29
    OMG!!! THIS IS THE WORST THING I'VE EVER SEEN IN DEFI!!! 0.50% FEE?!?!?!?! AND ONLY 9 TOKENS?!?!?!?!?!?!! I'M SICK TO MY STOMACH!! I JUST LOST $200 ON THIS THING AND NOW I KNOW WHY!! IT'S A SCAM!! A SLOW-MOTION SCAM!! THEY'RE JUST SITTING THERE LIKE VAMPIRES LICKING THEIR LIPS WHILE WE PAY FOR THE PRIVILEGE TO BE ROBBED!!
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    Rob Ashton

    November 8, 2025 AT 16:19
    While the criticisms are valid, it's worth noting that the absence of advanced features may be intentional for a beginner-oriented interface. That said, the fee disparity is indeed concerning, and the lack of developer presence undermines credibility. One might argue that simplicity should not come at the cost of economic viability.
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    Robin Hilton

    November 8, 2025 AT 20:27
    Honestly? If you're trading under $500, just use Coinbase. If you're trading more, you're an idiot if you're using this. And no, 'no KYC' doesn't make up for paying double the fee to trade two tokens. This isn't DeFi. It's a tax on the gullible.
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    Chloe Walsh

    November 10, 2025 AT 03:14
    I tried ComethSwap once just to see what all the fuss was about and I swear I felt my wallet cry... like a tiny little crypto soul screaming into the void... I just wanted to swap some ETH for USDT and ended up paying more in fees than I did in gas on Uniswap last month... I just... I just don't understand why anyone would do this to themselves...
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    Jessica Arnold

    November 11, 2025 AT 16:00
    The structural inefficiency here is a textbook case of misaligned incentives in DeFi protocol design. The fee model assumes a positive feedback loop between liquidity provision and user adoption, yet the network effects are absent due to token scarcity and interface stagnation. Ergo, the platform exists in a state of entropy-unable to attract capital because it disincentivizes participation.
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    Stephanie Tolson

    November 13, 2025 AT 11:14
    I know it's easy to tear things down, but let's remember-every big platform started small. Maybe ComethSwap is just early. The real question is: are the devs listening? Are they iterating? Or are they just collecting fees and waiting for the next wave of newbies to walk in? If they're not responding to feedback, then yeah, this is a dead end.
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    Anthony Allen

    November 15, 2025 AT 09:03
    I get why people hate the fee, but honestly? I use it sometimes when I'm just moving between ETH and USDT and don't want to juggle 10 different wallets. It's clunky, but it works. And hey, at least it doesn't have a 10-step KYC process. I'd rather pay a little extra than hand over my ID to some corporate server.
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    Evan Koehne

    November 17, 2025 AT 07:06
    Oh wow, you're telling me a platform with zero marketing, zero team, and zero features charges 50% more than everyone else? Shocking. Next you'll tell me water is wet and gravity exists. I'm sure the devs are just working on their whitepaper in a basement somewhere, sipping ramen and laughing at our gullibility.
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    Vipul dhingra

    November 18, 2025 AT 10:55
    You guys are overreacting. Everyone says new DEXs are scams until they blow up. Look at PancakeSwap in 2020-everyone called it a joke. Now it's a billion dollar platform. ComethSwap is just ahead of its time. You're all too lazy to wait for the real innovation. The fee is for future growth. You just don't have vision.
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    Jacque Hustead

    November 20, 2025 AT 03:06
    I think it's fair to say this isn't for everyone, but maybe it serves a small group who just need a simple, no-frills swap. I don't think it's a scam, but I also wouldn't recommend it to anyone I care about. Let's not burn bridges-we can be critical without being cruel.
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    Robert Bailey

    November 21, 2025 AT 15:27
    I've used it twice. Paid the fee. Got my tokens. Didn't die. It's not pretty, but it works. If you're trading $100, who cares about 50 cents? Just don't expect to day trade on it. That's all.
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    Wendy Pickard

    November 22, 2025 AT 06:17
    I read this whole thing and just felt sad. It’s not that the platform is evil-it just seems like no one cared enough to finish it. Like someone started building a house and then walked away after laying the foundation. It’s not malicious. Just... abandoned.
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    Angie Martin-Schwarze

    November 23, 2025 AT 23:55
    i used comethswap last week and my transaction took 47 minutes and i paid 17 dollars in fees and then the price moved and i lost money and now i just cry every time i see the app icon on my phone i swear i think its haunted
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    Fred Kärblane

    November 25, 2025 AT 02:54
    The liquidity pool fragmentation is a classic example of a negative externality in decentralized finance. Without sufficient depth, slippage becomes a hidden tax. ComethSwap's fee structure exacerbates this by disincentivizing arbitrageurs from filling the gaps. The result? A self-reinforcing cycle of illiquidity and user attrition.
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    Ryan Inouye

    November 25, 2025 AT 14:08
    I'm not saying it's a scam... but I did a reverse blockchain trace and found the contract owner's wallet sent 87 ETH to a mixer address 3 days after launch. Coincidence? I don't believe in coincidences. Also, the domain was registered under a privacy shield with a PO box in the Caymans. They're not just lazy-they're running. 🕵️‍♂️💸
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    Grace Huegel

    November 25, 2025 AT 21:46
    I'm surprised anyone still talks about this. It's like reviewing a typewriter in 2025. The only thing more outdated than the interface is the idea that anyone would pay 0.5% in 2025 for a service that can be done for free on Arbitrum. You're not a pioneer-you're a relic.

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