Nanswap vs Swap Market
Swap Market has the higher grade on both axes: Safety 7.3 against 3.7, and Privacy 9.3 against 3.2.
Nanswap
Nano-focused instant exchange without accounts; terms reserve AML/KYC checks
Privacy
3.2/ 10
Poor
Safety
3.7/ 10
Poor
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
| Nanswap | Swap Market | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID on risk flag | ID never required |
| Custody | Custodial | Non Custodial |
| Sign-up | No account needed | No account needed |
| Open source | No | Yes |
| Tor onion address | No | Yes |
| Coins | XNO, BAN, BTC, ETH, XMR, DOGE, SOL, BNB, USDT | BTC, L-BTC, RBTC |
| Pay with | Crypto, Monero | Crypto, Lightning |
| Fees | Not published | Set by each backend provider and shown before the swap |
| Limits | Not published | Set by each backend provider |
| Founded | Not published | 2024 |
| Jurisdiction | Netherlands | Not published |
| Not available in | Prohibited jurisdictions are listed in section 10 of the terms | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Nanswap
Accepts MoneroThird-party liquidityAML screeningMay request ID
Both
No registrationNo email needed
Only Swap Market
No phone neededTor onion serviceAccepts LightningOpen sourceNon-custodialSelf-hostable
Where they sit among instant swaps
Questions
Is Nanswap or Swap Market safer?
Swap Market has the higher Safety grade: Nanswap 3.7, Swap Market 7.3, out of 10.
Does Nanswap or Swap Market require KYC?
Nanswap is KYC level 3 (ID on risk flag). Swap Market is KYC level 0 (ID never required).
Which has more incidents on record?
Nanswap has 0 and Swap Market has 0 documented incidents in the registry.