Swap Market vs Swapter
Swap Market has the higher grade on both axes: Safety 7.3 against 0.1, and Privacy 9.3 against 2.7.
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 →
Swapter
Instant swap service with documented unresolved large-swap disputes
Privacy
2.7/ 10
Poor
Safety
0.1/ 10
Poor
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| Swap Market | Swapter | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID never required | ID on risk flag |
| Custody | Non Custodial | Custodial |
| Sign-up | No account needed | No account needed |
| Open source | Yes | No |
| Tor onion address | Yes | No |
| Coins | BTC, L-BTC, RBTC | BTC, ETH, XMR, USDT, LTC |
| Pay with | Crypto, Lightning | Crypto, Monero |
| Fees | Set by each backend provider and shown before the swap | Not published |
| Limits | Set by each backend provider | Not published |
| Founded | 2024 | Not published |
| Incidents on record | 0 | 2 |
| Published tests (180 days) | 0 | 0 |
Only Swap Market
No email neededNo phone neededTor onion serviceAccepts LightningOpen sourceNon-custodialSelf-hostable
Both
No registration
Only Swapter
Accepts MoneroThird-party liquidityAML screeningMay request IDClosed sourceAnonymous operator
Where they sit among instant swaps
Questions
Is Swap Market or Swapter safer?
Swap Market has the higher Safety grade: Swap Market 7.3, Swapter 0.1, out of 10.
Does Swap Market or Swapter require KYC?
Swap Market is KYC level 0 (ID never required). Swapter is KYC level 3 (ID on risk flag).
Which has more incidents on record?
Swap Market has 0 and Swapter has 2 documented incidents in the registry.