Changelly vs THORChain
THORChain has the higher grade on both axes: Safety 5.9 against 4.4, and Privacy 8.5 against 1.7.
Changelly
Long-running instant crypto exchange with a fiat on-ramp marketplace
Privacy
1.7/ 10
Poor
Safety
4.4/ 10
Caution
ID on risk flag KYC 3 Docs reviewed Full review →
THORChain
Cross-chain DEX protocol for native asset swaps, with an official swap interface
Privacy
8.5/ 10
Excellent
Safety
5.9/ 10
Fair
ID never required KYC 0 Docs reviewed Full review →
Side by side
| Changelly | THORChain | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID on risk flag | ID never required |
| Custody | Custodial | Non Custodial |
| Sign-up | Email required | No account needed |
| Open source | No | Yes |
| Tor onion address | No | No |
| Coins | BTC, ETH, XMR, LTC, SOL, XRP, TRX, USDT | BTC, ETH, LTC, BCH, DOGE, ZEC, SOL, RUNE |
| Pay with | Crypto, Monero, Card | Crypto |
| Fees | 0.25% of the output amount on floating-rate swaps (per terms); fixed-rate fee built into the quoted rate | Source-chain gas, outbound gas and a liquidity fee that varies with swap size and pool depth (per FAQ) |
| Founded | 2015 | Not published |
| Not available in | Afghanistan, Austria, Bangladesh, Crimea, Cuba, Donetsk and Luhansk regions, Germany, Hong Kong, India, Iran, Iraq, Japan, North Korea, Syria, Turkey, United Kingdom, United States and territories, Venezuela, Yemen | Site terms exclude sanctioned jurisdictions and those flagged by FATF; the FAQ says the protocol has no geographic restrictions |
| Incidents on record | 0 | 1 |
| Published tests (180 days) | 0 | 0 |
Only Changelly
Accepts Monero5+ years operatingRuns an affiliate programmeExcludes US usersRequires emailClosed sourceThird-party liquidityAML screeningMay request ID
Both
Nothing distinct
Only THORChain
No registrationNo email neededNo phone neededOpen sourceNon-custodialAnonymous operator
Where they sit among instant swaps
Questions
Is Changelly or THORChain safer?
THORChain has the higher Safety grade: Changelly 4.4, THORChain 5.9, out of 10.
Does Changelly or THORChain require KYC?
Changelly is KYC level 3 (ID on risk flag). THORChain is KYC level 0 (ID never required).
Which has more incidents on record?
Changelly has 0 and THORChain has 1 documented incident in the registry.