Instant Swaps Since 2021 Reviewed 22 Oct 2026

LetsExchange is closed

Instant swap service that ceased exchange operations on 1 October 2026

Closed

Status

No longer operating

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

See alternatives

LetsExchange review in short

LetsExchange was a swap service and is no longer operating. The official site states that exchange operations ceased on 1 October 2026, with support available until 30 November 2026.

Category: Instant Swaps
KYC level: 3 of 4: ID on risk flag
Sign-up: No account needed
Custody: custodial
Incidents on record: 1
Last reviewed: 22 Oct 2026

Cite this review

NoKYC Score, "LetsExchange review", reviewed 22 Oct 2026, https://nokycscore.com/service/letsexchange

Also available as plain text.

What LetsExchange is

LetsExchange was an instant swap service supporting a very large list of coins and offering fixed and floating rates without requiring an account. Its official website now carries 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 gave no reason for the closure. Users with unresolved orders should contact support before that date. The entry is retained so that readers searching for the service or for alternatives can see its status and the date it stopped operating.

What LetsExchange offers, and what to watch

5 of 15 privacy and safety features, 4 warnings in its terms.

"Not stated" means its own pages do not say.

Identity

ID never required No
No account needed Yes Usable without creating an account, or the account is only a random number.
No email needed Yes An email address is not required to sign up or use it.
No phone number Yes A phone number is never required.

Payment

Accepts Monero Yes Monero hides sender, receiver and amount, so the payment cannot be traced to you.
Accepts Lightning Not stated

Access

Tor onion address Not stated
Works without JavaScript Not stated

Trust

Never holds your funds No
Own liquidity No
Refund without ID Not stated
Open source No
Independent audit Not stated
Company named Not stated
5+ years operating Yes Has operated continuously for five years or more.

Warnings

May ask for ID Yes The terms reserve the right to demand identity documents, often after a risk flag.
Screens deposits Not in terms
Passes orders to partners Yes Orders go to upstream exchanges that apply their own screening.
Holds your funds Yes The operator controls user funds while they are on the platform.
Email required Not in terms
Phone number required Not in terms
Closed source Yes The code is not public, so its behaviour cannot be checked.
Nobody accountable Not in terms

Incidents on record

1 Oct 2026

high

Shutdown

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 ↗

User reviews

Reviews never change a grade. Reviews with a transaction reference are marked.

No reviews yet.

What to use now that LetsExchange is gone

All alternatives →

GhostSwap

Swap front-end routing orders through third-party processing partners

Privacy 10.0

Safety 8.4

Chainflip

Cross-chain DEX protocol for native BTC, ETH, SOL and stablecoin swaps

Privacy 7.1

Safety 8.3

Swap Market

Open-source front end for atomic swaps between Bitcoin, Lightning, Liquid and Rootstock

Privacy 9.3

Safety 7.3

eigenwallet

Desktop wallet for peer-to-peer BTC-to-XMR atomic swaps, formerly UnstoppableSwap

Privacy 8.9

Safety 7.0

LetsExchange: common questions

Is LetsExchange still operating?

No. The official site states that exchange operations ceased on 1 October 2026, with support available until 30 November 2026. See the alternatives listed on this page.

Listing history

12 Oct 2026 Listing added. Facts and KYC level set from the service's own terms and documentation.
12 Oct 2026 Incident recorded: Official notice: exchange operations ceased on 1 October 2026