InstaSwap vs ShapeShift
ShapeShift has the higher grade on both axes: Safety 6.2 against 4.3, and Privacy 7.1 against 6.0.
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 →
ShapeShift
DAO-run open-source wallet and DEX aggregator for multichain swaps
Privacy
7.1/ 10
Strong
Safety
6.2/ 10
Fair
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| InstaSwap | ShapeShift | |
|---|---|---|
| Category | Swap Aggregators | Swap Aggregators |
| KYC policy | No ID mentioned | No ID mentioned |
| Custody | Mixed | Non Custodial |
| Sign-up | No account needed | No account needed |
| Open source | No | Yes |
| Tor onion address | No | No |
| Coins | BTC, ETH, XMR, SOL, USDT, USDC, LTC, DOGE, ZEC, DASH, RUNE | BTC, ETH, RUNE, CACAO, ATOM, DOGE, LTC, BCH, SOL |
| Pay with | Crypto, Monero | Crypto |
| Founded | 2018 | Not published |
| Jurisdiction | Panama | Not published |
| Not available in | 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) | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only InstaSwap
Accepts MoneroAML screeningLegal entity disclosedClosed sourceRuns an affiliate programme
Both
No registrationThird-party liquidity
Only ShapeShift
No email neededNo phone neededOpen source5+ years operating
Where they sit among swap aggregators
Questions
Is InstaSwap or ShapeShift safer?
ShapeShift has the higher Safety grade: InstaSwap 4.3, ShapeShift 6.2, out of 10.
Does InstaSwap or ShapeShift require KYC?
InstaSwap is KYC level 1 (no ID mentioned). ShapeShift is KYC level 1 (no ID mentioned).
Which has more incidents on record?
InstaSwap has 0 and ShapeShift has 0 documented incidents in the registry.