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.

24 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	Chainflip No account needed Never holds your funds Open source Cross-chain DEX protocol for native BTC, ETH, SOL and stablecoin swaps	Rare KYC 2	7.1	8.3	Docs reviewed	BTCETHSOL +5	0
02	Swap Market Tor onion address No account needed Never holds your funds Open source Open-source front end for atomic swaps between Bitcoin, Lightning, Liquid and Rootstock	Never KYC 0	9.3	7.3	Docs reviewed	BTCL-BTCRBTC	0
03	eigenwallet Accepts Monero No account needed Never holds your funds Open source Desktop wallet for peer-to-peer BTC-to-XMR atomic swaps, formerly UnstoppableSwap	Never KYC 0	8.9	7.0	Docs reviewed	BTCXMR	0
04	Bitania Accepts Monero No account needed Instant crypto swap paying out from its own liquidity, with PGP-signed swap receipts and a SimpleX bot	Never KYC 0	8.5	6.4	Docs reviewed	BTCLTCXMR +6	0
05	Godex Accepts Monero No account needed Registration-free instant exchange with no stated volume limits	Not mentioned KYC 1	7.6	6.3	Docs reviewed	BTCETHXMR +4	0
06	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
07	xchange.me Tor onion address Accepts Monero No account needed Accountless floating-rate swap from privacy coins and BTC into 200+ assets	Not mentioned KYC 1	6.6	5.9	Docs reviewed	BTCXMRETH +4	0
08	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
09	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
10	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
11	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
12	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
13	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
14	Mine.exchange Accepts Monero May ask for ID Russian-language exchanger for crypto, MoneyGo and bank cards run by a Costa Rica company	On risk flag KYC 3	2.7	4.8	Docs reviewed	BTCBCHETH +13	0
15	NEAR Intents No account needed Cross-chain swap front end where market makers compete to fill each order	Not mentioned KYC 1	6.4	4.7	Docs reviewed	BTCETHSOL +4	0
16	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
17	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
18	CrystalTrade Accepts Monero May ask for ID Costa Rica-registered crypto exchanger with fiat payouts and blockchain-analytics risk scoring	On risk flag KYC 3	2.0	4.5	Docs reviewed	BTCETHUSDT +7	0
19	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
20	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
21	SilentSwap No account needed Wallet-connect private cross-chain swap interface with multi-recipient payouts	Not mentioned KYC 1	5.9	4.3	Docs reviewed	BTCETHSOL +5	0
22	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
23	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
24	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

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
Chainflip	On-chain protocol	Not stated	Rare KYC 2	Not stated	—	0	8.3
Swap Market	On-chain protocol	Not stated	Never KYC 0	Not stated	Yes	0	7.3
eigenwallet	On-chain protocol	Not stated	Never KYC 0	Not stated	—	0	7.0
Bitania	Own reserves	Not stated	Never KYC 0	In the terms	—	0	6.4
Godex	Not stated	Not stated	Not mentioned KYC 1	In the terms	—	0	6.3
n.exchange	Own reserves	Yes	On risk flag KYC 3	Not stated	—	0	6.1
xchange.me	Partner exchanges	Yes	Not mentioned KYC 1	In the terms	Yes	0	5.9
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
Mine.exchange	Not stated	Not stated	On risk flag KYC 3	Not stated	—	0	4.8
NEAR Intents	Not stated	Yes	Not mentioned KYC 1	Not stated	—	0	4.7
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
CrystalTrade	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
SilentSwap	Partner exchanges	Yes	Not mentioned KYC 1	Not stated	—	0	4.3
ChangeHero	Partner exchanges	Not stated	On risk flag KYC 3	Not stated	—	1	4.0
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

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