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n.exchange vs PulseLN

It is a trade-off. n.exchange has the higher Safety grade (6.1 against 3.9), while PulseLN has the higher Privacy grade (3.3 against 3.1).

n.exchange

Costa Rica-registered instant swap with internal reserves and a formal CDD/EDD programme

Privacy

3.1/ 10

Poor

Safety

6.1/ 10

Fair

ID on risk flag KYC 3 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

n.exchangePulseLN
Category Instant Swaps Instant Swaps
KYC policy ID on risk flag ID on risk flag
Custody Custodial Custodial
Sign-up No account needed No account needed
Open source No No
Tor onion address No No
Coins BTC, ETH, USDT, USDC, SOL, LTC, XRP, XMR, PAXG BTC, PLS, BNB, ETH, SOL, TRX, XMR, LTC
Pay with Crypto, Monero Crypto, Lightning, Monero
Fees Fees included in quotes; terms allow an AML/KYC compliance fee of up to 5% and up to 5% on approved refunds Swap fee plus a fixed routing fee shown in the quote; discounts for holders of the service's PLN token
Limits Not published Per-pair minimum and maximum shown in the swap form
Founded 2016 Not published
Jurisdiction Costa Rica Not published
Not available in United States, United Kingdom, Iceland, Morocco, Algeria, Ecuador, Bolivia, North Macedonia, Egypt, Saudi Arabia, Iraq, Pakistan, Nepal, Bangladesh, China, Kyrgyzstan, Bahrain, Namibia, Qatar, Afghanistan, North Korea, Syria, Iran, Cuba, Belarus, Crimea, Venezuela, Russia 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 n.exchange

Own liquidityLegal entity disclosed5+ years operatingClosed source

Both

No registrationAccepts MoneroAML screeningMay request IDExcludes US usersRuns an affiliate programme

Only PulseLN

Accepts LightningAnonymous operator

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 n.exchange or PulseLN safer?

n.exchange has the higher Safety grade: n.exchange 6.1, PulseLN 3.9, out of 10.

Does n.exchange or PulseLN require KYC?

n.exchange is KYC level 3 (ID on risk flag). PulseLN is KYC level 3 (ID on risk flag).

Which has more incidents on record?

n.exchange has 0 and PulseLN has 0 documented incidents in the registry.

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