Chainflip vs Mchanger
Chainflip has the higher grade on both axes: Safety 8.3 against 4.0, and Privacy 7.1 against 2.4.
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 →
Mchanger
Multilingual exchanger for crypto, e-money and cash (passport needed for cash); AMLBot screening
Privacy
2.4/ 10
Poor
Safety
4.0/ 10
Caution
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| Chainflip | Mchanger | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID in rare cases | 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, ETH, SOL, USDC, USDT, DOT, TRX, FLIP | BTC, USDT, ETH, LTC, TRX, SOL, TON |
| Pay with | Crypto | Crypto, Card, Cash, Bank transfer |
| Fees | Not published | AML refunds up to 5% (max USD 100); other refunds 5% (rules) |
| Founded | Not published | 2018 |
| Jurisdiction | Germany | Not published |
| Not available in | Persons subject to sanctions regimes are barred by the front-end terms; no country list published | FATF/OFAC/EU/UN blacklisted countries incl. Afghanistan, Iran, North Korea, Syria, Yemen, Libya, Somalia, Cuba, Crimea, Transnistria, Venezuela, Myanmar (AML policy) |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Chainflip
No email neededNo phone neededOpen sourceNon-custodialIndependent auditLegal entity disclosed
Both
No registration
Only Mchanger
Requires emailWorks without JavaScriptAccepts cashThird-party liquidityAML screeningMay request IDClosed sourceAnonymous operator5+ years operatingRuns an affiliate programme
Where they sit among instant swaps
Questions
Is Chainflip or Mchanger safer?
Chainflip has the higher Safety grade: Chainflip 8.3, Mchanger 4.0, out of 10.
Does Chainflip or Mchanger require KYC?
Chainflip is KYC level 2 (ID in rare cases). Mchanger is KYC level 3 (ID on risk flag).
Which has more incidents on record?
Chainflip has 0 and Mchanger has 0 documented incidents in the registry.