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GhostSwap vs PulseLN

GhostSwap has the higher grade on both axes: Safety 8.4 against 3.9, and Privacy 10.0 against 3.3.

GhostSwap

Swap front-end routing orders through third-party processing partners

Privacy

10.0/ 10

Excellent

Safety

8.4/ 10

Strong

ID never required KYC 0 Docs reviewed Full review →

PulseLN

No-signup instant swaps across Lightning, PulseChain and other networks

Privacy

3.3/ 10

Poor

Safety

3.9/ 10

Poor

ID on risk flag KYC 3 Docs reviewed Full review →

Side by side

GhostSwapPulseLN
Category Instant Swaps Instant Swaps
KYC policy ID never required ID on risk flag
Custody Custodial Custodial
Sign-up No account needed No account needed
Open source Yes No
Tor onion address Yes No
Coins BTC, ETH, XMR, ZEC, SOL, USDT BTC, PLS, BNB, ETH, SOL, TRX, XMR, LTC
Pay with Crypto, Monero Crypto, Lightning, Monero
Fees Not published Swap fee plus a fixed routing fee shown in the quote; discounts for holders of the service's PLN token
Limits Limits depend on the pair and are shown in the swap form; the homepage example showed 0.00001 BTC minimum and 2 BTC maximum when checked Per-pair minimum and maximum shown in the swap form
Founded 2024 Not published
Not available in Jurisdictions under comprehensive sanctions United States, North Korea, Eritrea, Cuba, and countries under UN sanctions (list last updated 3 May 2026)
Incidents on record 0 0
Published tests (180 days) 0 0

Only GhostSwap

Account-number loginNo email neededNo phone neededTor onion serviceWorks without JavaScriptOpen sourceNon-custodialNo-logs policyOwn liquidityMultisig or hold-invoice escrowRefund without ID

Both

No registrationAccepts MoneroAccepts LightningAnonymous operatorRuns an affiliate programme

Only PulseLN

May request IDAML screeningExcludes US users

Where they sit among instant swaps

2 2 4 4 6 6 8 8 10 10 PRIVATE AND SAFE SAFE, ASKS MORE PRIVATE, LESS PROVEN PRIVACY GRADE → SAFETY GRADE → GhostSwap Privacy 10.0 · Safety 8.4 Chainflip Privacy 7.1 · Safety 8.3 Swap Market Privacy 9.3 · Safety 7.3 eigenwallet Privacy 8.9 · Safety 7.0 Bitania Privacy 8.5 · Safety 6.4 Godex Privacy 7.6 · Safety 6.3 n.exchange Privacy 3.1 · Safety 6.1 THORChain Privacy 8.5 · Safety 5.9 xchange.me Privacy 6.6 · Safety 5.9 SideShift.ai Privacy 4.2 · Safety 5.9 WizardSwap Privacy 8.2 · Safety 5.5 NativeSwap Privacy 7.3 · Safety 5.5 Alfacash Privacy 2.4 · Safety 5.5 BitcoinVN Privacy 5.6 · Safety 5.3 ETZ-Swap Privacy 7.5 · Safety 5.2 SimpleSwap Privacy 2.9 · Safety 5.0 0trace Privacy 8.9 · Safety 4.9 Mistex Privacy 8.9 · Safety 4.9 FixedFloat Privacy 3.7 · Safety 4.8 Flyp.me Privacy 3.2 · Safety 4.8 Mine.exchange Privacy 2.7 · Safety 4.8 NEAR Intents Privacy 6.4 · Safety 4.7 Swapuz Privacy 3.4 · Safety 4.7 NeverKYC Privacy 7.1 · Safety 4.6 OctoSwap Privacy 6.9 · Safety 4.6 AvanChange Privacy 2.4 · Safety 4.6 The Change Privacy 2.6 · Safety 4.5 CrystalTrade Privacy 2.0 · Safety 4.5 ChangeNOW Privacy 2.7 · Safety 4.4 StealthEX Privacy 2.7 · Safety 4.4 Changelly Privacy 1.7 · Safety 4.4 Pablo Cash Privacy 8.9 · Safety 4.3 SWAP.MY Privacy 8.3 · Safety 4.3 SilentSwap Privacy 5.9 · Safety 4.3 xchg Privacy 7.9 · Safety 4.0 StereoSwap Privacy 7.3 · Safety 4.0 PegasusSwap Privacy 7.2 · Safety 4.0 FuguSwap Privacy 7.0 · Safety 4.0 Fswap Privacy 3.6 · Safety 4.0 ChangeHero Privacy 3.4 · Safety 4.0 PLATOV Privacy 2.7 · Safety 4.0 CCE Cash Privacy 2.5 · Safety 4.0 Mchanger Privacy 2.4 · Safety 4.0 BitSwitch Privacy 4.0 · Safety 3.9 SecureShift Privacy 4.0 · Safety 3.9 Priamex Privacy 3.8 · Safety 3.9 Ninja.Exchange Privacy 3.6 · Safety 3.9 PulseLN Privacy 3.3 · Safety 3.9 ExWell Privacy 2.1 · Safety 3.9 xmr2cex Privacy 8.4 · Safety 3.7 Wagyu Privacy 5.4 · Safety 3.7 Nanswap Privacy 3.2 · Safety 3.7 Exolix Privacy 2.7 · Safety 3.7 HiddenSwap Privacy 3.4 · Safety 3.6 ChainSwap Privacy 3.0 · Safety 3.6 InstantExchangers Privacy 3.0 · Safety 3.6 Rabbit Swap Privacy 2.9 · Safety 3.6 YellowChanger Privacy 2.6 · Safety 3.6 AlwaysMoney Privacy 2.0 · Safety 3.6 BitcoinBox Privacy 2.0 · Safety 3.6 RubyCash Privacy 2.0 · Safety 3.6 BitFlaming Privacy 1.5 · Safety 3.6 Mix Swap Privacy 3.4 · Safety 3.3 CoinCraddle Privacy 3.1 · Safety 3.0 GoExme Privacy 3.1 · Safety 3.0 BitXchange Privacy 3.0 · Safety 3.0 Baltex Privacy 2.7 · Safety 3.0 Changee Privacy 2.7 · Safety 3.0 EXC24 Privacy 2.7 · Safety 3.0 Explace Privacy 2.7 · Safety 3.0 Fujn Swap Privacy 2.7 · Safety 3.0 SnapSwap Privacy 2.7 · Safety 3.0 SwapGate Privacy 2.7 · Safety 3.0 Swappix Privacy 2.7 · Safety 3.0 Xgram.io Privacy 2.7 · Safety 3.0 YBEX Privacy 2.7 · Safety 3.0 Expeer Privacy 2.4 · Safety 3.0 EasyBit Privacy 2.3 · Safety 3.0 CoinPayMaster Privacy 1.9 · Safety 3.0 Lizex Privacy 3.0 · Safety 1.5 Swapter Privacy 2.7 · Safety 0.1
Trade Spend Infrastructure Identity 81 services. Hover or tap a point.

Questions

Is GhostSwap or PulseLN safer?

GhostSwap has the higher Safety grade: GhostSwap 8.4, PulseLN 3.9, out of 10.

Does GhostSwap or PulseLN require KYC?

GhostSwap is KYC level 0 (ID never required). PulseLN is KYC level 3 (ID on risk flag).

Which has more incidents on record?

GhostSwap has 0 and PulseLN has 0 documented incidents in the registry.

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