Swap Market vs The Change
Swap Market has the higher grade on both axes: Safety 7.3 against 4.5, and Privacy 9.3 against 2.6.
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 →
The Change
Instant crypto exchange run by a Panama-registered company, usable as a guest
Privacy
2.6/ 10
Poor
Safety
4.5/ 10
Caution
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| Swap Market | The Change | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID never required | ID on risk flag |
| Custody | Non Custodial | Custodial |
| Sign-up | No account needed | Email optional |
| Open source | Yes | No |
| Tor onion address | Yes | No |
| Coins | BTC, L-BTC, RBTC | BTC, ETH, SOL, LTC, DOGE, XRP, TRX |
| Pay with | Crypto, Lightning | Crypto |
| Fees | Set by each backend provider and shown before the swap | 0.40% for guests; 0.35% down to 0.20% for registered users by monthly volume |
| Limits | Set by each backend provider | Per-pair minimum and maximum shown on the order form (BTC pair showed about 0.00012 to 100 BTC when checked) |
| Founded | 2024 | Not published |
| Jurisdiction | Not published | Panama |
| Not available in | Not published | United States and territories, Canada, United Kingdom, Netherlands, Hong Kong, Singapore, Russian-occupied regions of Ukraine and sanctioned countries (partial list; see rules) |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Swap Market
No email neededNo phone neededTor onion serviceAccepts LightningOpen sourceNon-custodialSelf-hostable
Both
No registration
Only The Change
Legal entity disclosedRuns an affiliate programmeExcludes US usersClosed sourceAML screeningMay request ID
Where they sit among instant swaps
Questions
Is Swap Market or The Change safer?
Swap Market has the higher Safety grade: Swap Market 7.3, The Change 4.5, out of 10.
Does Swap Market or The Change require KYC?
Swap Market is KYC level 0 (ID never required). The Change is KYC level 3 (ID on risk flag).
Which has more incidents on record?
Swap Market has 0 and The Change has 0 documented incidents in the registry.