The Change vs THORChain
THORChain has the higher grade on both axes: Safety 5.9 against 4.5, and Privacy 8.5 against 2.6.
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 →
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
| The Change | THORChain | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID on risk flag | ID never required |
| Custody | Custodial | Non Custodial |
| Sign-up | Email optional | No account needed |
| Open source | No | Yes |
| Tor onion address | No | No |
| Coins | BTC, ETH, SOL, LTC, DOGE, XRP, TRX | BTC, ETH, LTC, BCH, DOGE, ZEC, SOL, RUNE |
| Pay with | Crypto | Crypto |
| Fees | 0.40% for guests; 0.35% down to 0.20% for registered users by monthly volume | Source-chain gas, outbound gas and a liquidity fee that varies with swap size and pool depth (per FAQ) |
| Limits | Per-pair minimum and maximum shown on the order form (BTC pair showed about 0.00012 to 100 BTC when checked) | Not published |
| Jurisdiction | Panama | Not published |
| Not available in | United States and territories, Canada, United Kingdom, Netherlands, Hong Kong, Singapore, Russian-occupied regions of Ukraine and sanctioned countries (partial list; see rules) | 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 The Change
Legal entity disclosedRuns an affiliate programmeExcludes US usersClosed sourceAML screeningMay request ID
Both
No registration
Only THORChain
No email neededNo phone neededOpen sourceNon-custodialAnonymous operator
Where they sit among instant swaps
Questions
Is The Change or THORChain safer?
THORChain has the higher Safety grade: The Change 4.5, THORChain 5.9, out of 10.
Does The Change or THORChain require KYC?
The Change is KYC level 3 (ID on risk flag). THORChain is KYC level 0 (ID never required).
Which has more incidents on record?
The Change has 0 and THORChain has 1 documented incident in the registry.