Chainflip vs YBEX
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 →
YBEX
Instant swap with a private mode, using an exchange as liquidity provider; high-risk deposits frozen until KYC
Privacy
2.7/ 10
Poor
Safety
3.0/ 10
Poor
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| Chainflip | YBEX | |
|---|---|---|
| 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, ETH, USDT, XMR |
| Pay with | Crypto | Crypto, Monero |
| Jurisdiction | Germany | Not published |
| Not available in | Persons subject to sanctions regimes are barred by the front-end terms; no country list published | EU/EEA residents, citizens and entities (AML policy s.1.5 and terms) |
| 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 YBEX
Accepts MoneroThird-party liquidityAML screeningMay request IDClosed sourceAnonymous operatorRuns an affiliate programme
Where they sit among instant swaps
Questions
Is Chainflip or YBEX safer?
Chainflip has the higher Safety grade: Chainflip 8.3, YBEX 3.0, out of 10.
Does Chainflip or YBEX require KYC?
Chainflip is KYC level 2 (ID in rare cases). YBEX is KYC level 3 (ID on risk flag).
Which has more incidents on record?
Chainflip has 0 and YBEX has 0 documented incidents in the registry.