Chainflip vs FixedFloat
Chainflip has the higher grade on both axes: Safety 8.3 against 4.8, and Privacy 7.1 against 3.7.
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 →
FixedFloat
Account-free instant exchange with Lightning support and fixed or floating rates
Privacy
3.7/ 10
Poor
Safety
4.8/ 10
Caution
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| Chainflip | FixedFloat | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID in rare cases | ID on risk flag |
| Custody | Non Custodial | Custodial |
| Sign-up | No account needed | No account needed |
| Open source | Yes | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, SOL, USDC, USDT, DOT, TRX, FLIP | BTC, ETH, XMR, LTC, USDT, USDC, SOL, TRX |
| Pay with | Crypto | Crypto, Monero, Lightning |
| Founded | Not published | 2018 |
| Jurisdiction | Germany | Georgia |
| Not available in | Persons subject to sanctions regimes are barred by the front-end terms; no country list published | Terms reserve the right to restrict or deny service in certain countries |
| Incidents on record | 0 | 2 |
| Published tests (180 days) | 0 | 0 |
Only Chainflip
Open sourceNon-custodialIndependent audit
Both
No registrationNo email neededNo phone neededLegal entity disclosed
Only FixedFloat
Accepts MoneroAccepts LightningAML screeningMay request IDClosed source5+ years operatingRuns an affiliate programmeRefund without ID
Where they sit among instant swaps
Questions
Is Chainflip or FixedFloat safer?
Chainflip has the higher Safety grade: Chainflip 8.3, FixedFloat 4.8, out of 10.
Does Chainflip or FixedFloat require KYC?
Chainflip is KYC level 2 (ID in rare cases). FixedFloat is KYC level 3 (ID on risk flag).
Which has more incidents on record?
Chainflip has 0 and FixedFloat has 2 documented incidents in the registry.