Skip to content
NoKYC Score
DirectoryExchangesSwapsBuyRatesIncidentsGuides List a project Sign in

Mchanger vs THORChain

THORChain has the higher grade on both axes: Safety 5.9 against 4.0, and Privacy 8.5 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 →

THORChain

Cross-chain DEX protocol for native asset swaps, with an official swap interface

Privacy

8.5/ 10

Excellent

Safety

5.9/ 10

Fair

ID never required KYC 0 Docs reviewed Full review →

Side by side

MchangerTHORChain
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 No
Coins BTC, USDT, ETH, LTC, TRX, SOL, TON BTC, ETH, LTC, BCH, DOGE, ZEC, SOL, RUNE
Pay with Crypto, Card, Cash, Bank transfer Crypto
Fees AML refunds up to 5% (max USD 100); other refunds 5% (rules) Source-chain gas, outbound gas and a liquidity fee that varies with swap size and pool depth (per FAQ)
Founded 2018 Not published
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) Site terms exclude sanctioned jurisdictions and those flagged by FATF; the FAQ says the protocol has no geographic restrictions
Incidents on record 0 1
Published tests (180 days) 0 0

Only Mchanger

Requires emailWorks without JavaScriptAccepts cashThird-party liquidityAML screeningMay request IDClosed source5+ years operatingRuns an affiliate programme

Both

No registrationAnonymous operator

Only THORChain

No email neededNo phone neededOpen sourceNon-custodial

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 THORChain safer?

THORChain has the higher Safety grade: Mchanger 4.0, THORChain 5.9, out of 10.

Does Mchanger or THORChain require KYC?

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

Which has more incidents on record?

Mchanger has 0 and THORChain has 1 documented incident in the registry.

More comparisons