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BasicSwap vs Bitpapa

BasicSwap has the higher grade on both axes: Safety 6.4 against 4.8, and Privacy 9.2 against 1.9.

BasicSwap

Self-hosted cross-chain DEX using atomic swaps for Bitcoin, Monero and more

Privacy

9.2/ 10

Excellent

Safety

6.4/ 10

Fair

ID never required KYC 0 Docs reviewed Full review →

Bitpapa

Custodial P2P marketplace with escrow, web wallet and Telegram bot

Privacy

1.9/ 10

Poor

Safety

4.8/ 10

Caution

ID on risk flag KYC 3 Docs reviewed Full review →

Side by side

BasicSwapBitpapa
Category P2P Exchanges P2P Exchanges
KYC policy ID never required ID on risk flag
Custody Non Custodial Custodial
Sign-up No account needed Email required
Open source Yes No
Tor onion address No No
Coins BTC, XMR, LTC, PART, FIRO, DASH BTC, ETH, USDT, XMR, USDC
Pay with Crypto, Monero Bank transfer, Crypto, Monero
Fees Not published No service fee when trading through other users' offers; offer creators pay from 1% + $0.5 down to 0.2% depending on 30-day volume; network fee on external withdrawals
Limits Not published No verification-based limits stated in the FAQ. Escrow holds a deposit for at most 4 hours per trade.
Founded Not published 2018
Jurisdiction Decentralised / none Seychelles
Not available in Not published User agreement excludes, among others: United States, Mainland China, Hong Kong, Singapore, Canada, Iran, North Korea, Cuba, Syria, Sudan, Uzbekistan; services may also be restricted in listed EU/EEA countries
Incidents on record 1 0
Published tests (180 days) 0 0

Only BasicSwap

No registrationNo email neededNo phone neededOpen sourceNon-custodialSelf-hostable

Both

Accepts Monero

Only Bitpapa

CustodialRequires emailMay request IDAML screeningExcludes US users5+ years operating

Where they sit among p2p exchanges

2 2 4 4 6 6 8 8 10 10 PRIVATE AND SAFE SAFE, ASKS MORE PRIVATE, LESS PROVEN PRIVACY GRADE → SAFETY GRADE → Bisq Privacy 9.3 · Safety 8.0 Haveno Privacy 9.2 · Safety 7.3 Mostro Privacy 8.9 · Safety 7.3 Peer Privacy 7.3 · Safety 7.0 Vexl Privacy 6.1 · Safety 7.0 Hodl Hodl Privacy 6.0 · Safety 7.0 Dawnswap Privacy 9.7 · Safety 6.6 BasicSwap Privacy 9.2 · Safety 6.4 SkipShift Privacy 6.1 · Safety 6.4 Peach Bitcoin Privacy 6.5 · Safety 6.3 lnp2pBot Privacy 8.2 · Safety 5.8 RoboSats Privacy 8.7 · Safety 5.7 Bitpapa Privacy 1.9 · Safety 4.8 LocalCoinSwap Privacy 6.0 · Safety 4.7 BitValve Privacy 1.5 · Safety 4.3 Bitrica Privacy 5.7 · Safety 3.8 RetoSwap Privacy 8.9 · Safety 2.7 OpenMonero Privacy 6.6 · Safety 2.0
Trade Spend Infrastructure Identity 18 services. Hover or tap a point.

Questions

Is BasicSwap or Bitpapa safer?

BasicSwap has the higher Safety grade: BasicSwap 6.4, Bitpapa 4.8, out of 10.

Does BasicSwap or Bitpapa require KYC?

BasicSwap is KYC level 0 (ID never required). Bitpapa is KYC level 3 (ID on risk flag).

Which has more incidents on record?

BasicSwap has 1 and Bitpapa has 0 documented incidents in the registry.

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