# SnapSwap review: KYC policy, privacy and safety grades

> SnapSwap is a swap service operating since 2025. Its terms put it at KYC level 3 of 4: ID on risk flag. NoKYC Score grades it 2.7/10 for privacy (poor) and 3.0/10 for safety (poor). In its favour: no account needed, no email needed and no phone number. To watch: it may ask for ID, screens deposits and passes orders to partner exchanges. No incidents are on record.

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

## Key facts
- **Category:** Instant Swaps
- **KYC level:** 3 of 4: ID on risk flag
- **Grades:** Privacy 2.7/10, Safety 3.0/10
- **Sign-up:** No account needed
- **Custody:** custodial
- **Fees:** Fee included in the quoted rate; refunds carry network fees and a processing fee of typically 1–5% (per terms)
- **Incidents on record:** 0
- **Last reviewed:** 22 Oct 2026
- **Official website:** https://snapswap.io

## What it is
SnapSwap is an instant crypto swap service that started in 2025 and needs no account. Its policy says each deposit goes to an address under its control and is screened by third-party blockchain analytics before funds are routed to liquidity providers; a deposit that fails screening is cancelled and returned to a refund address the user supplies, minus network fees. Identity documents are requested only when a liquidity partner requires it or on a valid law-enforcement or court request, and refusal keeps the funds on hold until the partner or authority decides. No operating company is named.

## What the terms say about ID
AML/KYC policy section 3: identity documents are requested when "a third-party liquidity partner requires it" or on a law-enforcement request; "Refusal keeps funds on hold until the partner or authority decides on release or confiscation."

## Features and warnings
- **Identity:** ID never required: no; 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: no; Own liquidity: no; 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: yes; Screens deposits: yes; Passes orders to partners: yes; Holds your funds: yes; Email required: not in terms; Phone number required: not in terms; Closed source: yes; Nobody accountable: yes

## Questions
### Does SnapSwap require KYC?
SnapSwap is rated KYC level 3 of 4 on this site: ID on risk flag. AML/KYC policy section 3: identity documents are requested when "a third-party liquidity partner requires it" or on a law-enforcement request; "Refusal keeps funds on hold until the partner or authority decides on release or confiscation."

### Is SnapSwap safe to use?
SnapSwap has a Safety grade of 3.0 out of 10 and a Privacy grade of 2.7 out of 10. No incidents are on record. Evidence level: documentation reviewed.

### Is SnapSwap legit?
SnapSwap is a working swap service that has operated since 2025. 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 3.0 out of 10, built from custody, liquidity, track record and incidents.

### Is SnapSwap 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 SnapSwap. Its terms also allow it to hold a flagged deposit and ask for identity documents.

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

### What fees does SnapSwap charge?
Fee included in the quoted rate; refunds carry network fees and a processing fee of typically 1–5% (per terms). Fees were recorded from SnapSwap's own pages and can change; check before you send.

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

### Which cryptocurrencies does SnapSwap support?
SnapSwap supports BTC, XMR, ETH, USDT, USDC, LTC, SOL, TRX.

### Is SnapSwap custodial?
Yes. SnapSwap holds funds during a trade, which means it is able to delay or freeze them.

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

## Sources
- https://snapswap.io/en
- https://snapswap.io/en/terms-of-service
- https://snapswap.io/en/aml-kyc-policy
- https://snapswap.io/en/about
- https://snapswap.io/en/privacy-policy

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