Trade · October 2026

No-KYC crypto swap services

Instant swap services convert one cryptocurrency into another without an account: you paste a receiving address, send your coins and the service pays out. They are the most-used no-KYC tools, and also where most frozen-funds reports come from.

The reason is liquidity. Many swap sites do not hold their own reserves. They pass your order to a larger upstream exchange, and that exchange screens incoming coins. If its screening flags your deposit, the swap stops and you are asked for identity or source-of-funds documents by a company you never chose. Small test swaps go through, which is why star ratings look fine while large swaps get stuck. Each listing here shows the liquidity model, what the terms say about holds, and every documented incident with its outcome.

45 of 83 match

Instant Swaps, ranked by Safety grade

No-KYC crypto swap services: KYC level, Privacy grade, Safety grade and evidence level
#	Service	KYC	Privacy	Safety	Evidence	Accepts	Incidents
01	n.exchange Accepts Monero No account needed May ask for ID Costa Rica-registered instant swap with internal reserves and a formal CDD/EDD programme	On risk flag KYC 3	3.1	6.1	Docs reviewed	BTCETHUSDT +6	0
02	SideShift.ai Accepts Monero No account needed May ask for ID Account-free shifting service with automated risk screening; not available in the US	On risk flag KYC 3	4.2	5.9	Docs reviewed	BTCETHXMR +4	0
03	Alfacash Accepts Monero May ask for ID Long-running instant crypto exchange operated by a Nevis-registered company	On risk flag KYC 3	2.4	5.5	Docs reviewed	BTCETHLTC +5	0
04	BitcoinVN Accepts Monero No account needed May ask for ID Vietnam-rooted swap desk operating since 2014; some orders need verification	Rare KYC 2	5.6	5.3	Docs reviewed	BTCXMRETH +2	0
05	SimpleSwap Accepts Monero No account needed May ask for ID Instant swap service with a broad coin list and an explicit freeze clause	On risk flag KYC 3	2.9	5.0	Docs reviewed	BTCETHXMR +5	0
06	FixedFloat Accepts Monero No account needed May ask for ID Account-free instant exchange with Lightning support and fixed or floating rates	On risk flag KYC 3	3.7	4.8	Docs reviewed	BTCETHXMR +5	2
07	Flyp.me No account needed May ask for ID Accountless crypto exchanger; terms allow ID requests on flagged transactions	On risk flag KYC 3	3.2	4.8	Docs reviewed		0
08	Swapuz Accepts Monero No account needed May ask for ID Instant swap service with fixed and floating rates and an AML/KYC policy	On risk flag KYC 3	3.4	4.7	Docs reviewed	BTCETHXMR +2	1
09	The Change No account needed May ask for ID Instant crypto exchange run by a Panama-registered company, usable as a guest	On risk flag KYC 3	2.6	4.5	Docs reviewed	BTCETHSOL +4	0
10	ChangeNOW Accepts Monero No account needed May ask for ID High-volume instant swap service; no account needed, AML/KYC policy applies	On risk flag KYC 3	2.7	4.4	Docs reviewed	BTCETHXMR +5	0
11	StealthEX Accepts Monero No account needed May ask for ID Account-free instant swaps with a published KYC/AML annex	On risk flag KYC 3	2.7	4.4	Docs reviewed	BTCETHXMR +4	0
12	Fswap Accepts Monero No account needed May ask for ID Account-free swap service with a Private mode that refunds flagged orders instead of asking for ID	On risk flag KYC 3	3.6	4.0	Docs reviewed	BTCXMRETH +8	0
13	ChangeHero Accepts Monero No account needed May ask for ID Instant swap service; withheld-funds reports were logged in 2026	On risk flag KYC 3	3.4	4.0	Docs reviewed	BTCETHXMR +2	1
14	PLATOV Accepts Monero No account needed May ask for ID Broker-model crypto and fiat exchanger routing orders to partner exchanges since 2017	On risk flag KYC 3	2.7	4.0	Docs reviewed	BTCETHUSDT +7	0
15	BitSwitch Accepts Monero No account needed May ask for ID Signup-free swap with a refund address and a hybrid of own and third-party liquidity	On risk flag KYC 3	4.0	3.9	Docs reviewed	BTCETHXMR +3	0
16	SecureShift Accepts Monero No account needed May ask for ID Account-free instant swap site whose AML policy allows mandatory KYC on risk	On risk flag KYC 3	4.0	3.9	Docs reviewed	BTCETHXMR +8	0
17	Priamex Tor onion address Accepts Monero No account needed May ask for ID Registration-free swap for a short coin list with a no-JavaScript exchange page	On risk flag KYC 3	3.8	3.9	Docs reviewed	BTCLTCXMR +4	0
18	Ninja.Exchange Accepts Monero No account needed May ask for ID Account-free instant exchange routing trades to large centralised exchanges	On risk flag KYC 3	3.6	3.9	Docs reviewed	BTCETHXMR +3	0
19	PulseLN Accepts Monero No account needed May ask for ID No-signup instant swaps across Lightning, PulseChain and other networks	On risk flag KYC 3	3.3	3.9	Docs reviewed	BTCPLSBNB +5	0
20	ExWell Accepts Monero May ask for ID Crypto exchange and TRON energy rental run by a Belize company, with risk-scored swaps	On risk flag KYC 3	2.1	3.9	Docs reviewed	XMRUSDTTRX +3	0
21	Nanswap Accepts Monero No account needed May ask for ID Nano-focused instant exchange without accounts; terms reserve AML/KYC checks	On risk flag KYC 3	3.2	3.7	Docs reviewed	XNOBANBTC +6	0
22	Exolix Accepts Monero No account needed May ask for ID Instant swap service that sources liquidity from centralised exchanges	On risk flag KYC 3	2.7	3.7	Docs reviewed	BTCETHXMR +5	1
23	HiddenSwap Accepts Monero No account needed May ask for ID No-account crypto-to-crypto swap site whose orders are carried out by third-party providers	On risk flag KYC 3	3.4	3.6	Docs reviewed	XMRBTCETH +4	0
24	ChainSwap Accepts Monero No account needed May ask for ID Instant swap service advertising no accounts; its AML page reserves ID checks	On risk flag KYC 3	3.0	3.6	Docs reviewed	BTCXMRETH +5	0
25	InstantExchangers Accepts Monero No account needed May ask for ID Nigerian e-currency exchanger with crypto swaps and naira buy/sell; ID required above AML thresholds	On risk flag KYC 3	3.0	3.6	Docs reviewed	BTCETHUSDT +7	0
26	Rabbit Swap Accepts Monero No account needed May ask for ID Instant swap service routing through partner exchanges, with published AML thresholds	On risk flag KYC 3	2.9	3.6	Docs reviewed	BTCXMRETH +5	0
27	YellowChanger No account needed May ask for ID Russian-language exchanger for crypto and rubles (SBP, Sber); ID can be demanded on high-risk deposits	On risk flag KYC 3	2.6	3.6	Docs reviewed	BTCUSDTETH	0
28	BitcoinBox May ask for ID Order-based exchanger whose policy sets risk-score bands and Sumsub KYC on flagged orders	On risk flag KYC 3	2.0	3.6	Docs reviewed		0
29	Mix Swap Accepts Monero No account needed May ask for ID Instant swap front-end routing orders to third-party exchanges; not a mixer despite the name	On risk flag KYC 3	3.4	3.3	Docs reviewed	BTCETHXMR +2	0
30	CoinCraddle Tor onion address Accepts Monero No account needed May ask for ID Instant exchange for 1,800+ coins with optional accounts and AMLBot risk scoring	On risk flag KYC 3	3.1	3.0	Docs reviewed	BTCETHXMR +6	0
31	GoExme Tor onion address Accepts Monero No account needed May ask for ID Registration-free swap with AMLBot risk scoring and holds of up to a year on failed checks	On risk flag KYC 3	3.1	3.0	Docs reviewed	BTCETHUSDT +7	0
32	BitXchange Accepts Monero No account needed May ask for ID Account-free instant swap filled on centralised exchanges, with automated AML screening	On risk flag KYC 3	3.0	3.0	Docs reviewed	BTCETHUSDT +5	0
33	Baltex Accepts Monero No account needed May ask for ID Swap service with standard, Monero-routed private, DEX and card-purchase modes	On risk flag KYC 3	2.7	3.0	Docs reviewed	BTCXMRETH +5	0
34	Changee Accepts Monero No account needed May ask for ID Instant swap of 2,000+ coins via liquidity providers; flagged swaps are held for AML/KYC	On risk flag KYC 3	2.7	3.0	Docs reviewed	BTCETHXMR +3	0
35	EXC24 Accepts Monero No account needed May ask for ID Automatic account-free swap service using third-party liquidity providers	On risk flag KYC 3	2.7	3.0	Docs reviewed	BTCETHXRP +5	0
36	Explace Accepts Monero No account needed May ask for ID Swap service that routes orders through a choice of third-party liquidity providers	On risk flag KYC 3	2.7	3.0	Docs reviewed	BTCETHBNB +8	0
37	Fujn Swap Accepts Monero No account needed May ask for ID Accountless swap front end whose orders are executed by FixedFloat	On risk flag KYC 3	2.7	3.0	Docs reviewed	BTCXMRETH +3	0
38	SnapSwap Accepts Monero No account needed May ask for ID Instant swap service that screens deposits before routing them to liquidity partners	On risk flag KYC 3	2.7	3.0	Docs reviewed	BTCXMRETH +5	0
39	SwapGate Accepts Monero No account needed May ask for ID Instant crypto swap service with fixed and floating rates, no account needed	On risk flag KYC 3	2.7	3.0	Docs reviewed	BTCXMRETH +5	0
40	Swappix Accepts Monero No account needed May ask for ID Instant swap of 570+ coins via third-party exchange providers; flagged swaps held for AML/KYC	On risk flag KYC 3	2.7	3.0	Docs reviewed	BTCUSDTETH +3	0
41	Xgram.io Accepts Monero No account needed May ask for ID Instant cross-chain swap service with multi-output swaps and no registration	On risk flag KYC 3	2.7	3.0	Docs reviewed	BTCXMRETH +5	0
42	YBEX Accepts Monero No account needed May ask for ID Instant swap with a private mode, using an exchange as liquidity provider; high-risk deposits frozen until KYC	On risk flag KYC 3	2.7	3.0	Docs reviewed	BTCETHUSDT +1	0
43	EasyBit No account needed May ask for ID Instant crypto-to-crypto exchange usable as a guest, with volume-based fees	On risk flag KYC 3	2.3	3.0	Docs reviewed	BTCETHBNB +4	0
44	Lizex Accepts Monero No account needed May ask for ID Instant swap service with reported AML holds on stablecoin swaps in 2026	On risk flag KYC 3	3.0	1.5	Docs reviewed	BTCXMRUSDT +1	1
45	Swapter Accepts Monero No account needed May ask for ID Instant swap service with documented unresolved large-swap disputes	On risk flag KYC 3	2.7	0.1	Docs reviewed	BTCETHXMR +2	2

Live swap rates Monero exchanges Own liquidity Refund without ID Onion address

Check the rules where you live

Whether a provider may serve customers in your country depends on local licensing rules. A listing describes a service; it is not an invitation to use it and not financial advice.

Hold risk

Where the liquidity comes from, and what the terms allow

Most held swaps trace back to the same chain of events: the order is passed to a partner exchange, the partner screens the deposit, and a flag turns into a request for documents. These columns are the facts that decide it. "Not stated" means the service's own pages do not say, which is different from no.

Instant Swaps: liquidity source, deposit screening, ID policy, refund terms, onion address, held-funds reports and Safety grade
Service	Liquidity	Screening	ID	Refund, no ID	Onion	Holds	Safety
n.exchange	Own reserves	Yes	On risk flag KYC 3	Not stated	—	0	6.1
SideShift.ai	Not stated	Yes	On risk flag KYC 3	Not stated	—	0	5.9
Alfacash	Not stated	Yes	On risk flag KYC 3	Not stated	—	0	5.5
BitcoinVN	Not stated	Not stated	Rare KYC 2	Not stated	—	0	5.3
SimpleSwap	Partner exchanges	Yes	On risk flag KYC 3	In the terms	—	0	5.0
FixedFloat	Not stated	Yes	On risk flag KYC 3	In the terms	—	1	4.8
Flyp.me	Not stated	Yes	On risk flag KYC 3	Not stated	—	0	4.8
Swapuz	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	4.7
The Change	Not stated	Yes	On risk flag KYC 3	Not stated	—	0	4.5
ChangeNOW	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	4.4
StealthEX	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	4.4
Fswap	Partner exchanges	Yes	On risk flag KYC 3	In the terms	—	0	4.0
ChangeHero	Partner exchanges	Not stated	On risk flag KYC 3	Not stated	—	1	4.0
PLATOV	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	4.0
BitSwitch	Not stated	Not stated	On risk flag KYC 3	Not stated	—	0	3.9
SecureShift	Not stated	Not stated	On risk flag KYC 3	Not stated	—	0	3.9
Priamex	Not stated	Not stated	On risk flag KYC 3	Not stated	Yes	0	3.9
Ninja.Exchange	Partner exchanges	Not stated	On risk flag KYC 3	In the terms	—	0	3.9
PulseLN	Not stated	Yes	On risk flag KYC 3	Not stated	—	0	3.9
ExWell	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.9
Nanswap	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.7
Exolix	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.7
HiddenSwap	Partner exchanges	Yes	On risk flag KYC 3	In the terms	—	0	3.6
ChainSwap	Not stated	Yes	On risk flag KYC 3	Not stated	—	0	3.6
InstantExchangers	Not stated	Yes	On risk flag KYC 3	Not stated	—	0	3.6
Rabbit Swap	Partner exchanges	Yes	On risk flag KYC 3	In the terms	—	0	3.6
YellowChanger	Not stated	Yes	On risk flag KYC 3	Not stated	—	0	3.6
BitcoinBox	Not stated	Yes	On risk flag KYC 3	Not stated	—	0	3.6
Mix Swap	Partner exchanges	Not stated	On risk flag KYC 3	Not stated	—	0	3.3
CoinCraddle	Partner exchanges	Yes	On risk flag KYC 3	Not stated	Yes	0	3.0
GoExme	Partner exchanges	Yes	On risk flag KYC 3	Not stated	Yes	0	3.0
BitXchange	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.0
Baltex	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.0
Changee	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.0
EXC24	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.0
Explace	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.0
Fujn Swap	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.0
SnapSwap	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.0
SwapGate	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.0
Swappix	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.0
Xgram.io	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.0
YBEX	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.0
EasyBit	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	0	3.0
Lizex	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	1	1.5
Swapter	Partner exchanges	Yes	On risk flag KYC 3	Not stated	—	2	0.1

On record

Recent incidents among instant swaps

View all

1 Oct 2026

high

Shutdown LetsExchange

Official notice: exchange operations ceased on 1 October 2026

The LetsExchange website displays a notice stating that the service ceased its exchange operations on 1 October 2026 and that customer support remains available until 30 November 2026. The notice read during this review did not give a reason for the closure. Users with unresolved orders therefore have until the end of November 2026 to contact support. No reports of unpaid swaps tied to the closure were reviewed.

Service closed Source: letsexchange.io ↗

17 Sep 2026

high

Funds held Lizex

Reported hold of 18,470 USDC and $30,000 USDT after AML flags

The directory kycnot.me reports that Lizex held 18,470 USDC from 17 September 2026 after an AML flag and has held $30,000 in USDT since June 2026, about $48,000 in total. According to that account, the swap service attributed the hold to its liquidity partner, which told the user that the wallet in question was not its own. The directory flagged the listing as a scam and described the cases as ongoing.

Unresolved $48K Source: kycnot.me ↗

1 Sep 2026

medium

Funds held ChangeHero

Reported withheld funds; one $94,000 case released after identity verification

The public event log of the directory kycnot.me recorded on 1 September 2026 several reports of ChangeHero withholding funds from swaps. In one case involving about $94,000, the user reportedly had to complete identity verification before the funds were released. The official site could not be read during this review, so the clause relied on by the service was not confirmed. Other reported cases were not described in enough detail to establish their outcome.

Resolved only after ID $94K Source: kycnot.me ↗

2 Jul 2026

low

Policy change Swapuz

Reported undisclosed fee on transfers classed as high-risk

The public event log of the directory kycnot.me recorded on 2 July 2026 a user report that Swapuz had charged an undisclosed fee on a transfer it classed as high-risk. According to that log, the aggregator OrangeFren intervened and negotiated a refund for the user. Swapuz publishes an AML/KYC policy alongside its terms of use. The size of the fee and the criteria for the high-risk classification were not stated.

Resolved, user paid out Source: kycnot.me ↗

Closed

Services that no longer operate

eXch
Announced closure for 1 May 2025; German authorities seized its servers and about EUR 34 million on 30 April 2025.

Alternatives →
LetsExchange
The official site states that exchange operations ceased on 1 October 2026, with support available until 30 November 2026.

Alternatives →

Questions

Instant Swaps: common questions

Related guides

Why do swap services freeze funds?

Almost always because an automated blockchain-analytics check, run by the service or by its upstream liquidity provider, scored the deposit as high risk. The service then holds the coins and asks for identity or source-of-funds documents.

How do I reduce the risk of a held swap?

Prefer services with their own liquidity and terms that promise a refund to the sending address without documents. Start with a small amount, and split large swaps. Check the incident history on the listing before sending.

What is a no-KYC crypto swap?

A service that converts one cryptocurrency into another with no account and no identity upload. You give a receiving address, send your coins to a deposit address and get the other coin paid out, usually within half an hour.

Can a no-KYC swap still ask for ID?

Many can. A homepage that says "no KYC" does not override terms that allow the service, or the exchange it sources liquidity from, to hold a flagged deposit and request documents. The KYC level on each listing is taken from the terms, and the table on this page shows which services screen deposits.

Which swap services use their own liquidity?

The ones marked "Own reserves" in the table. They fill orders from coins they hold, so no upstream exchange screens your deposit. Services that route through on-chain protocols are marked separately: there, settlement is done by the protocol and not by a company holding your coins.

What is the difference between an instant swap and a cross-chain DEX?

An instant swap is a company that receives your coins and sends you others. A cross-chain decentralised exchange settles the trade through a protocol run by many validators, so no single operator holds the funds, though the website you use to reach it can still block addresses or regions.

Is a swap aggregator safer than a single swap service?

An aggregator shows more rates and sometimes adds its own guarantee, but your coins still go to the underlying service. Read the guarantee terms: most exclude holds that the provider’s own rules allow.

Related categories

No-KYC Exchanges Swap Aggregators P2P Exchanges Wallets Compare two services