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Mchanger vs Swap Market

Swap Market has the higher grade on both axes: Safety 7.3 against 4.0, and Privacy 9.3 against 2.4.

Mchanger

Multilingual exchanger for crypto, e-money and cash (passport needed for cash); AMLBot screening

Privacy

2.4/ 10

Poor

Safety

4.0/ 10

Caution

ID on risk flag KYC 3 Docs reviewed Full review →

Swap Market

Open-source front end for atomic swaps between Bitcoin, Lightning, Liquid and Rootstock

Privacy

9.3/ 10

Excellent

Safety

7.3/ 10

Strong

ID never required KYC 0 Docs reviewed Full review →

Side by side

MchangerSwap Market
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 Yes
Coins BTC, USDT, ETH, LTC, TRX, SOL, TON BTC, L-BTC, RBTC
Pay with Crypto, Card, Cash, Bank transfer Crypto, Lightning
Fees AML refunds up to 5% (max USD 100); other refunds 5% (rules) Set by each backend provider and shown before the swap
Limits Not published Set by each backend provider
Founded 2018 2024
Not available in FATF/OFAC/EU/UN blacklisted countries incl. Afghanistan, Iran, North Korea, Syria, Yemen, Libya, Somalia, Cuba, Crimea, Transnistria, Venezuela, Myanmar (AML policy) Not published
Incidents on record 0 0
Published tests (180 days) 0 0

Only Mchanger

Requires emailWorks without JavaScriptAccepts cashThird-party liquidityAML screeningMay request IDClosed sourceAnonymous operator5+ years operatingRuns an affiliate programme

Both

No registration

Only Swap Market

No email neededNo phone neededTor onion serviceAccepts LightningOpen sourceNon-custodialSelf-hostable

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 Mchanger or Swap Market safer?

Swap Market has the higher Safety grade: Mchanger 4.0, Swap Market 7.3, out of 10.

Does Mchanger or Swap Market require KYC?

Mchanger is KYC level 3 (ID on risk flag). Swap Market is KYC level 0 (ID never required).

Which has more incidents on record?

Mchanger has 0 and Swap Market has 0 documented incidents in the registry.

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