Chainflip vs Nanswap
Chainflip has the higher grade on both axes: Safety 8.3 against 3.7, and Privacy 7.1 against 3.2.
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 →
Nanswap
Nano-focused instant exchange without accounts; terms reserve AML/KYC checks
Privacy
3.2/ 10
Poor
Safety
3.7/ 10
Poor
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| Chainflip | Nanswap | |
|---|---|---|
| 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 | XNO, BAN, BTC, ETH, XMR, DOGE, SOL, BNB, USDT |
| Pay with | Crypto | Crypto, Monero |
| Jurisdiction | Germany | Netherlands |
| Not available in | Persons subject to sanctions regimes are barred by the front-end terms; no country list published | Prohibited jurisdictions are listed in section 10 of the terms |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Chainflip
No phone neededOpen sourceNon-custodialIndependent auditLegal entity disclosed
Both
No registrationNo email needed
Only Nanswap
Accepts MoneroThird-party liquidityAML screeningMay request ID
Where they sit among instant swaps
Questions
Is Chainflip or Nanswap safer?
Chainflip has the higher Safety grade: Chainflip 8.3, Nanswap 3.7, out of 10.
Does Chainflip or Nanswap require KYC?
Chainflip is KYC level 2 (ID in rare cases). Nanswap is KYC level 3 (ID on risk flag).
Which has more incidents on record?
Chainflip has 0 and Nanswap has 0 documented incidents in the registry.