Chainflip vs OctoSwap
Chainflip has the higher grade on both axes: Safety 8.3 against 4.6, and Privacy 7.1 against 6.9.
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 →
OctoSwap
Instant swap of 500+ coins with no registration; terms commit to returning failed swaps
Privacy
6.9/ 10
Fair
Safety
4.6/ 10
Caution
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| Chainflip | OctoSwap | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID in rare cases | No ID mentioned |
| 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, BCH |
| Pay with | Crypto | Crypto, Monero |
| Fees | Not published | Fees included in the displayed rate (terms s.3.1) |
| Limits | Not published | Per-pair minimum and maximum shown in the form |
| Jurisdiction | Germany | Not published |
| Not available in | Persons subject to sanctions regimes are barred by the front-end terms; no country list published | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Chainflip
Open sourceNon-custodialIndependent auditLegal entity disclosed
Both
No registrationNo email neededNo phone needed
Only OctoSwap
Accepts MoneroRefund without IDAML screeningClosed sourceAnonymous operator
Where they sit among instant swaps
Questions
Is Chainflip or OctoSwap safer?
Chainflip has the higher Safety grade: Chainflip 8.3, OctoSwap 4.6, out of 10.
Does Chainflip or OctoSwap require KYC?
Chainflip is KYC level 2 (ID in rare cases). OctoSwap is KYC level 1 (no ID mentioned).
Which has more incidents on record?
Chainflip has 0 and OctoSwap has 0 documented incidents in the registry.