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NoKYC Score

Instant Swaps Reviewed 22 Oct 2026

PegasusSwap review

Instant crypto swap with fixed and floating rates and no account

  • No account needed
  • Accepts Monero
  • No email needed
  • Screens deposits
  • Holds your funds
  • Closed source
ID never required KYC 0 Documentation reviewed

Privacy

7.2/ 10

Strong

Safety

4.0/ 10

Caution

Based on terms and documentation. No test transactions published yet. See the arithmetic

PegasusSwap review in short

PegasusSwap is a swap service. Its terms put it at KYC level 0 of 4: ID never required. NoKYC Score grades it 7.2/10 for privacy (strong) and 4.0/10 for safety (caution). In its favour: no account needed, no email needed and no phone number. To watch: it screens deposits, holds your funds while you use it and is closed source. No incidents are on record.

Category
Instant Swaps
KYC level
0 of 4: ID never required
Grades
Privacy 7.2/10, Safety 4.0/10
Sign-up
No account needed
Custody
custodial
Fees
Service fee included in the quoted rate; FAQ says an additional commission may be charged when AML risk exceeds its norm
Limits
Minimum about $50 equivalent per swap (one FAQ answer says about $100); no maximum stated
Incidents on record
0
Last reviewed
22 Oct 2026
Cite this review

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

Also available as plain text.

What PegasusSwap is

PegasusSwap is an instant swap service for BTC, XMR, ETH, stablecoins and other assets, usable without an account. Its privacy policy says it does not collect, request or verify identity information under any circumstances, while its FAQ says an extra commission can be charged when a deposit's AML risk is above its norm. The FAQ calls the service non-custodial, but the terms describe a hybrid model in which assets may temporarily pass through infrastructure controlled by the platform or its liquidity partners; the FAQ says it uses its own liquidity and also that it picks rates among several liquidity providers. No company or jurisdiction is named, and the FAQ mentions a Tor mirror whose address was not found on the pages read during this review.

What PegasusSwap offers, and what to watch

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

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

Identity

  • ID never required Yes The terms rule identity checks out, or the design makes them impossible.
  • 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 Yes Core functions work with scripts disabled, as in Tor Browser on its safest setting.

Trust

  • Never holds your funds No
  • Own liquidity Not stated
  • Refund without ID Not stated
  • Open source No
  • Independent audit Not stated
  • Company named No
  • 5+ years operating Not stated

Warnings

  • May ask for ID Not in terms
  • Screens deposits Yes Deposits are scored by blockchain analytics; a flag can freeze them.
  • Passes orders to partners Not in terms
  • 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 Yes No company or person is publicly responsible for the service.

Does PegasusSwap require KYC?

  1. 0
  2. 1
  3. 2
  4. 3
  5. 4

KYC level 0: ID never required. The terms rule out identity checks, or the design makes them impossible.

Privacy policy: the service "does not collect, request, or verify identity-related information under any circumstances"; the FAQ adds that an extra fee may apply when AML risk is elevated.

Read the terms we assessed ↗

How the grades add up

Both grades start at 50 points and move by fixed, published amounts. Nothing is adjusted by hand. The total is divided by ten.

Privacy

7.2
  • Starting points 50
  • KYC level 0: ID never required +20
  • No registration +6
  • Works without JavaScript +1
  • Accepts Monero +4
  • AML screening -7
  • Closed source -2
  • Total, clamped to 0–100 72

Safety

4.0
  • Starting points 50
  • AML screening -3
  • Anonymous operator -4
  • Closed source -3
  • Total, clamped to 0–100 40

Test ledger

Real transactions run by our editors. A badge without a ledger is an assertion; this is the proof.

No test transactions published yet

The grades above rest on PegasusSwap’s terms and documentation. Tests will appear here with the date, route, amount band and result as they are run.

Incidents on record

No incidents are on record for PegasusSwap. If you have a documented case, report it.

User reviews

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

No reviews yet.

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Alternatives to PegasusSwap

All alternatives →

PegasusSwap vs GhostSwapPegasusSwap vs ChainflipPegasusSwap vs Swap MarketPegasusSwap vs eigenwallet

PegasusSwap: common questions

Does PegasusSwap require KYC?

PegasusSwap is rated KYC level 0 of 4 on this site: ID never required. Privacy policy: the service "does not collect, request, or verify identity-related information under any circumstances"; the FAQ adds that an extra fee may apply when AML risk is elevated.

Is PegasusSwap safe to use?

PegasusSwap has a Safety grade of 4.0 out of 10 and a Privacy grade of 7.2 out of 10. No incidents are on record. Evidence level: documentation reviewed.

Is PegasusSwap legit?

PegasusSwap is a working swap service. Its operators do not publish a company or names, so nobody is publicly accountable for it. Being real is not the same as being safe: its Safety grade here is 4.0 out of 10, built from custody, liquidity, track record and incidents.

Is PegasusSwap 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 PegasusSwap.

Do I need an account or email to use PegasusSwap?

No account needed.

What fees does PegasusSwap charge?

Service fee included in the quoted rate; FAQ says an additional commission may be charged when AML risk exceeds its norm. Fees were recorded from PegasusSwap's own pages and can change; check before you send.

What are PegasusSwap's limits?

Minimum about $50 equivalent per swap (one FAQ answer says about $100); no maximum stated.

Does PegasusSwap have a Tor onion address?

No official onion address was found on PegasusSwap's own pages.

Which cryptocurrencies does PegasusSwap support?

PegasusSwap supports BTC, XMR, ETH, USDT, USDC, LTC, SOL, TRX.

Is PegasusSwap custodial?

Yes. PegasusSwap holds funds during a trade, which means it is able to delay or freeze them.

Can I use PegasusSwap over Tor?

PegasusSwap does not publish an official onion address.

Listing history

  • Listing added. Facts and KYC level set from the service's own terms and documentation.