Chainflip vs ExWell
Chainflip has the higher grade on both axes: Safety 8.3 against 3.9, and Privacy 7.1 against 2.1.
Chainflip
Cross-chain DEX protocol for native BTC, ETH, SOL and stablecoin swaps
Privacy
7.1/ 10
Strong
Safety
8.3/ 10
Strong
ID in rare cases KYC 2 Docs reviewed Full review →
ExWell
Crypto exchange and TRON energy rental run by a Belize company, with risk-scored swaps
Privacy
2.1/ 10
Poor
Safety
3.9/ 10
Poor
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| Chainflip | ExWell | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID in rare cases | ID on risk flag |
| Custody | Non Custodial | Custodial |
| Sign-up | No account needed | Not published |
| Open source | Yes | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, SOL, USDC, USDT, DOT, TRX, FLIP | XMR, USDT, TRX, AAVE, SHIB, DAI |
| Pay with | Crypto | Crypto, Monero |
| Jurisdiction | Germany | Belize |
| Not available in | Persons subject to sanctions regimes are barred by the front-end terms; no country list published | Terms: United States and US territories, Russia, Belarus, Iran, North Korea, Syria, Pakistan, occupied territories of Ukraine and others |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Chainflip
No registrationNo email neededNo phone neededOpen sourceNon-custodialIndependent audit
Both
Legal entity disclosed
Only ExWell
Accepts MoneroThird-party liquidityAML screeningMay request IDExcludes US usersClosed sourceRuns an affiliate programme
Where they sit among instant swaps
Questions
Is Chainflip or ExWell safer?
Chainflip has the higher Safety grade: Chainflip 8.3, ExWell 3.9, out of 10.
Does Chainflip or ExWell require KYC?
Chainflip is KYC level 2 (ID in rare cases). ExWell is KYC level 3 (ID on risk flag).
Which has more incidents on record?
Chainflip has 0 and ExWell has 0 documented incidents in the registry.