Baltex vs Swap Market
Swap Market has the higher grade on both axes: Safety 7.3 against 3.0, and Privacy 9.3 against 2.7.
Baltex
Swap service with standard, Monero-routed private, DEX and card-purchase modes
Privacy
2.7/ 10
Poor
Safety
3.0/ 10
Poor
ID on risk flag KYC 3 Docs reviewed Full review →
Swap Market
Open-source front end for atomic swaps between Bitcoin, Lightning, Liquid and Rootstock
Privacy
9.3/ 10
Excellent
Safety
7.3/ 10
Strong
ID never required KYC 0 Docs reviewed Full review →
Side by side
| Baltex | Swap Market | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID on risk flag | ID never required |
| Custody | Mixed | Non Custodial |
| Sign-up | No account needed | No account needed |
| Open source | No | Yes |
| Tor onion address | No | Yes |
| Coins | BTC, XMR, ETH, USDT, USDC, SOL, ZEC, TON | BTC, L-BTC, RBTC |
| Pay with | Crypto, Monero, Card | Crypto, Lightning |
| Fees | Fee included in the quoted rate; user-error refunds only above $50 with a $50 processing fee plus network fees; AML refunds carry network fees only (per terms) | Set by each backend provider and shown before the swap |
| Limits | Minimum set dynamically with reference to network fees | Set by each backend provider |
| Founded | 2025 | 2024 |
| Not available in | Not listed; terms say availability may be restricted where crypto activity is prohibited or limited by law | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Baltex
Accepts MoneroAnonymous operatorClosed sourceThird-party liquidityAML screeningMay request ID
Both
No registration
Only Swap Market
No email neededNo phone neededTor onion serviceAccepts LightningOpen sourceNon-custodialSelf-hostable
Where they sit among instant swaps
Questions
Is Baltex or Swap Market safer?
Swap Market has the higher Safety grade: Baltex 3.0, Swap Market 7.3, out of 10.
Does Baltex or Swap Market require KYC?
Baltex is KYC level 3 (ID on risk flag). Swap Market is KYC level 0 (ID never required).
Which has more incidents on record?
Baltex has 0 and Swap Market has 0 documented incidents in the registry.