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
| BasicSwap | Bitpapa | |
|---|---|---|
| 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
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.