BasicSwap vs OpenMonero
BasicSwap has the higher grade on both axes: Safety 6.4 against 2.0, and Privacy 9.2 against 6.6.
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 →
OpenMonero
LocalMonero-style P2P Monero marketplace with repeated reported losses
Privacy
6.6/ 10
Fair
Safety
2.0/ 10
Poor
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| BasicSwap | OpenMonero | |
|---|---|---|
| Category | P2P Exchanges | P2P Exchanges |
| KYC policy | ID never required | No ID mentioned |
| Custody | Non Custodial | Custodial |
| Sign-up | No account needed | Email optional |
| Open source | Yes | No |
| Tor onion address | No | No |
| Coins | BTC, XMR, LTC, PART, FIRO, DASH | XMR |
| Pay with | Crypto, Monero | Monero, Bank transfer, Cash |
| Jurisdiction | Decentralised / none | Not published |
| Incidents on record | 1 | 2 |
| Published tests (180 days) | 0 | 0 |
Only BasicSwap
No registrationNo email neededNo phone neededOpen sourceNon-custodialSelf-hostable
Both
Accepts Monero
Only OpenMonero
Anonymous operator
Where they sit among p2p exchanges
Questions
Is BasicSwap or OpenMonero safer?
BasicSwap has the higher Safety grade: BasicSwap 6.4, OpenMonero 2.0, out of 10.
Does BasicSwap or OpenMonero require KYC?
BasicSwap is KYC level 0 (ID never required). OpenMonero is KYC level 1 (no ID mentioned).
Which has more incidents on record?
BasicSwap has 1 and OpenMonero has 2 documented incidents in the registry.