CypherGoat vs InstaSwap
It is a trade-off. CypherGoat has the higher Safety grade (5.2 against 4.3), while InstaSwap has the higher Privacy grade (6.0 against 5.4).
CypherGoat
Swap aggregator with an open-source front end and Tor access
Privacy
5.4/ 10
Caution
Safety
5.2/ 10
Caution
ID on risk flag KYC 3 Docs reviewed Full review →
InstaSwap
Cross-chain DEX aggregator routing through THORChain, Chainflip and other venues, by a Panama company
Privacy
6.0/ 10
Fair
Safety
4.3/ 10
Caution
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| CypherGoat | InstaSwap | |
|---|---|---|
| Category | Swap Aggregators | Swap Aggregators |
| KYC policy | ID on risk flag | No ID mentioned |
| Custody | Non Custodial | Mixed |
| Sign-up | No account needed | No account needed |
| Open source | Yes | No |
| Tor onion address | Yes | No |
| Coins | BTC, XMR, ETH, LTC, BCH, SOL, DOGE | BTC, ETH, XMR, SOL, USDT, USDC, LTC, DOGE, ZEC, DASH, RUNE |
| Pay with | Crypto, Monero, Lightning | Crypto, Monero |
| Fees | Typically 0.4–0.6% per swap, per the site | Not published |
| Founded | Not published | 2018 |
| Jurisdiction | Not published | Panama |
| Not available in | Not published | Cuba, Iran, North Korea, Syria, Myanmar, occupied regions of Ukraine, South Sudan, Somalia, Libya, Iraq, Yemen, Zimbabwe, Nicaragua, DR Congo, Mali and other comprehensively sanctioned jurisdictions (terms) |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only CypherGoat
No email neededNo phone neededTor onion serviceAccepts LightningOpen source
Both
No registrationAccepts MoneroThird-party liquidityRuns an affiliate programme
Only InstaSwap
AML screeningLegal entity disclosedClosed source
Where they sit among swap aggregators
Questions
Is CypherGoat or InstaSwap safer?
CypherGoat has the higher Safety grade: CypherGoat 5.2, InstaSwap 4.3, out of 10.
Does CypherGoat or InstaSwap require KYC?
CypherGoat is KYC level 3 (ID on risk flag). InstaSwap is KYC level 1 (no ID mentioned).
Which has more incidents on record?
CypherGoat has 0 and InstaSwap has 0 documented incidents in the registry.