Lightning Loop vs MoBit Exchange
It is a trade-off. Lightning Loop has the higher Safety grade (8.0 against 5.0), while MoBit Exchange has the higher Privacy grade (7.9 against 7.8).
Lightning Loop
Lightning Labs' non-custodial submarine swap service for moving sats between Lightning and on-chain
Privacy
7.8/ 10
Strong
Safety
8.0/ 10
Strong
No ID mentioned KYC 1 Docs reviewed Full review →
MoBit Exchange
Small no-JavaScript BTC, XMR, ETH and stablecoin swap with published reserves and a Tor mirror
Privacy
7.9/ 10
Strong
Safety
5.0/ 10
Caution
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| Lightning Loop | MoBit Exchange | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | No ID mentioned | No ID mentioned |
| Custody | Non Custodial | Custodial |
| Sign-up | No account needed | No account needed |
| Open source | Yes | No |
| Tor onion address | No | Yes |
| Coins | BTC | BTC, XMR, ETH, USDT, USDC, DAI |
| Pay with | Crypto, Lightning | Crypto, Monero |
| Fees | Loop service fee varying with on-chain conditions, plus on-chain and routing fees; 30,000-sat no-show prepayment on Loop Out | 3% flat (fixed) rate or 2.5% dynamic rate, per the homepage |
| Limits | Not published | Minimum around 0.0006 BTC; FAQ cites orders of $100,000 as supported |
| Founded | 2019 | Not published |
| Not available in | Not published | United States, UN-sanctioned countries and places where crypto is banned |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Lightning Loop
Accepts LightningNon-custodialOpen source5+ years operating
Both
No registrationNo email neededNo phone needed
Only MoBit Exchange
Tor onion serviceWorks without JavaScriptAccepts MoneroOwn liquidityRefund without IDCustodialClosed sourceAnonymous operatorExcludes US users
Where they sit among instant swaps
Questions
Is Lightning Loop or MoBit Exchange safer?
Lightning Loop has the higher Safety grade: Lightning Loop 8.0, MoBit Exchange 5.0, out of 10.
Does Lightning Loop or MoBit Exchange require KYC?
Lightning Loop is KYC level 1 (no ID mentioned). MoBit Exchange is KYC level 1 (no ID mentioned).
Which has more incidents on record?
Lightning Loop has 0 and MoBit Exchange has 0 documented incidents in the registry.