# InstaSwap review: KYC policy, privacy and safety grades

> InstaSwap is an aggregator operating since 2018. Its terms put it at KYC level 1 of 4: no ID mentioned. NoKYC Score grades it 6.0/10 for privacy (fair) and 4.3/10 for safety (caution). In its favour: no account needed, no email needed and no phone number. To watch: it screens deposits and passes orders to partner exchanges. No incidents are on record.

Source: NoKYC Score, "InstaSwap review", reviewed 22 Oct 2026, https://nokycscore.com/service/instaswap

## Key facts
- **Category:** Swap Aggregators
- **KYC level:** 1 of 4: No ID mentioned
- **Grades:** Privacy 6.0/10, Safety 4.3/10
- **Sign-up:** No account needed
- **Custody:** mixed
- **Jurisdiction:** Panama
- **Incidents on record:** 0
- **Last reviewed:** 22 Oct 2026
- **Official website:** https://instaswap.com

## What it is
InstaSwap is a cross-chain swap aggregator covering 67 chains, including BTC, ETH, XMR and SOL in native form. It routes orders through THORChain, Chainflip and other venues, and also offers split payouts, payments, spot and perpetual trading. The operator, INS CORE LABS INC., is a Panama corporation; it says it never takes custody. Its terms do describe walletless swaps sent to a deposit address, multi-leg routes held in escrow addresses, and privacy routes where one leg runs through "an additional liquidity source", with funds earmarked for completion or refund. The privacy policy says it does not collect identity documents, but transactions may be screened against sanctions lists and blockchain risk indicators and then blocked, delayed or returned. The about page says it has run since 2018.

## What the terms say about ID
Privacy policy lists government ID and KYC information among data it does "NOT collect or request"; screened transactions "may be blocked, delayed, or the funds may be returned to the originating or refund address". No ID-request clause found.

## Features and warnings
- **Identity:** ID never required: not stated; No account needed: yes; No email needed: yes; No phone number: yes
- **Payment:** Accepts Monero: yes; Accepts Lightning: not stated
- **Access:** Tor onion address: not stated; Works without JavaScript: not stated
- **Trust:** Never holds your funds: not stated; Own liquidity: no; Refund without ID: not stated; Independent audit: not stated; Company named: yes; 5+ years operating: yes
- **Warnings:** May ask for ID: not in terms; Screens deposits: yes; Passes orders to partners: yes; Holds your funds: not in terms; Email required: not in terms; Phone number required: not in terms; Nobody accountable: not in terms

## Questions
### Does InstaSwap require KYC?
InstaSwap is rated KYC level 1 of 4 on this site: no ID mentioned. Privacy policy lists government ID and KYC information among data it does "NOT collect or request"; screened transactions "may be blocked, delayed, or the funds may be returned to the originating or refund address". No ID-request clause found.

### Is InstaSwap safe to use?
InstaSwap has a Safety grade of 4.3 out of 10 and a Privacy grade of 6.0 out of 10. No incidents are on record. Evidence level: documentation reviewed.

### Is InstaSwap legit?
InstaSwap is a working aggregator that has operated since 2018. It publishes the company that runs it, in Panama. Being real is not the same as being safe: its Safety grade here is 4.3 out of 10, built from custody, liquidity, track record and incidents.

### Is InstaSwap a scam?
NoKYC Score does not label services as scams; it records documented incidents with their sources and outcomes. No incidents are on record for InstaSwap.

### Do I need an account or email to use InstaSwap?
No account needed.

### Does InstaSwap have a Tor onion address?
No official onion address was found on InstaSwap's own pages.

### Which cryptocurrencies does InstaSwap support?
InstaSwap supports BTC, ETH, XMR, SOL, USDT, USDC, LTC, DOGE, ZEC, DASH, RUNE.

### Is InstaSwap custodial?
InstaSwap uses a mixed custody model. Read the listing for details.

### Can I use InstaSwap over Tor?
InstaSwap does not publish an official onion address.

## Sources
- https://instaswap.com
- https://instaswap.com/termsAndConditions
- https://instaswap.com/privacy-policy
- https://instaswap.com/about
- https://instaswap.com/affiliate-terms

How grades are calculated: https://nokycscore.com/methodology