Chainflip vs SnapSwap
Chainflip has the higher grade on both axes: Safety 8.3 against 3.0, and Privacy 7.1 against 2.7.
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 →
SnapSwap
Instant swap service that screens deposits before routing them to liquidity partners
Privacy
2.7/ 10
Poor
Safety
3.0/ 10
Poor
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| Chainflip | SnapSwap | |
|---|---|---|
| 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, XMR, ETH, USDT, USDC, LTC, SOL, TRX |
| Pay with | Crypto | Crypto, Monero |
| Fees | Not published | Fee included in the quoted rate; refunds carry network fees and a processing fee of typically 1–5% (per terms) |
| Founded | Not published | 2025 |
| Jurisdiction | Germany | Not published |
| Not available in | Persons subject to sanctions regimes are barred by the front-end terms; no country list published | Sanctioned jurisdictions and places where crypto transactions are prohibited (no country list published) |
| 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 SnapSwap
Accepts MoneroRuns an affiliate programmeAnonymous operatorClosed sourceThird-party liquidityAML screeningMay request ID
Where they sit among instant swaps
Questions
Is Chainflip or SnapSwap safer?
Chainflip has the higher Safety grade: Chainflip 8.3, SnapSwap 3.0, out of 10.
Does Chainflip or SnapSwap require KYC?
Chainflip is KYC level 2 (ID in rare cases). SnapSwap is KYC level 3 (ID on risk flag).
Which has more incidents on record?
Chainflip has 0 and SnapSwap has 0 documented incidents in the registry.