Chainflip vs SWAP.MY
It is a trade-off. Chainflip has the higher Safety grade (8.3 against 4.3), while SWAP.MY has the higher Privacy grade (8.3 against 7.1).
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 →
SWAP.MY
Instant crypto swap and Telegram bot that also sells prepaid virtual cards
Privacy
8.3/ 10
Strong
Safety
4.3/ 10
Caution
ID never required KYC 0 Docs reviewed Full review →
Side by side
| Chainflip | SWAP.MY | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID in rare cases | ID never required |
| Custody | Non Custodial | Custodial |
| Sign-up | No account needed | No account needed |
| Open source | Yes | No |
| Tor onion address | No | Yes |
| Coins | BTC, ETH, SOL, USDC, USDT, DOT, TRX, FLIP | BTC, ETH, SOL, USDT, USDC |
| Pay with | Crypto | Crypto |
| Fees | Not published | Swap fees shown before confirmation; cards: $15 issuance, 4% top-up, 1.5% per purchase |
| Limits | Not published | Cards: up to $10,000 per top-up per card terms; swap limits vary by pair |
| 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
No email neededNo phone neededOpen sourceNon-custodialIndependent auditLegal entity disclosed
Both
No registration
Only SWAP.MY
Account-number loginTor onion serviceClosed sourceAnonymous operatorRuns an affiliate programme
Where they sit among instant swaps
Questions
Is Chainflip or SWAP.MY safer?
Chainflip has the higher Safety grade: Chainflip 8.3, SWAP.MY 4.3, out of 10.
Does Chainflip or SWAP.MY require KYC?
Chainflip is KYC level 2 (ID in rare cases). SWAP.MY is KYC level 0 (ID never required).
Which has more incidents on record?
Chainflip has 0 and SWAP.MY has 0 documented incidents in the registry.