Swap front-end routing orders through third-party processing partners
Privacy 10.0
Safety 8.4
Instant Swaps Reviewed 22 Oct 2026
YBEX review
Instant swap with a private mode, using an exchange as liquidity provider; high-risk deposits frozen until KYC
- No account needed
- Accepts Monero
- No email needed
- May ask for ID
- Screens deposits
- Passes orders to partners
ID on risk flag KYC 3 Documentation reviewed
Privacy
2.7/ 10
Poor
Safety
3.0/ 10
Poor
Based on terms and documentation. No test transactions published yet. See the arithmetic
YBEX review in short
YBEX is a swap service. 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.
- 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
- Incidents on record
- 0
- Last reviewed
- 22 Oct 2026
Cite this review
NoKYC Score, "YBEX review", reviewed 22 Oct 2026, https://nokycscore.com/service/ybex
Also available as plain text.
What YBEX is
YBEX is an instant swap service with floating and fixed rates, a Private swap mode and a 25% referral programme. Its AML policy says checks are run both by its own AML officer and by its liquidity provider, a cryptocurrency exchange. Deposits linked to high-risk sources (sanctions, gambling and others) may be frozen indefinitely until full identity verification, and so may any transaction the liquidity provider asks about. Funds that fail the review are neither exchanged nor refunded. Deposits from listed services, including Wasabi Wallet, are blocked. Users must confirm they are not EU/EEA residents, and VPN use to get around this is grounds for blocking. No operating company is named.
What YBEX offers, and what to watch
4 of 15 privacy and safety features, 6 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 No
- 5+ years operating Not stated
Warnings
- May ask for ID Yes The terms reserve the right to demand identity documents, often after a risk flag.
- Screens deposits Yes Deposits are scored by blockchain analytics; a flag can freeze them.
- 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 Yes No company or person is publicly responsible for the service.
Does YBEX require KYC?
- 0 Never
- 1 Not mentioned
- 2 Rare
- 3 On risk flag
- 4 Mandatory
KYC level 3: ID on risk flag. The terms allow funds to be held and identity demanded after an automated risk flag.
AML policy s.2: high-risk transactions "may be frozen for an indefinite period until full identity verification (KYC) is completed"; s.3.3: "User assets that do not pass the AML review are not subject to exchange or refund".
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
2.7- Starting points 50
- KYC level 3: ID on risk flag -14
- No registration +6
- Accepts Monero +4
- Third-party liquidity -3
- AML screening -7
- May request ID -7
- Closed source -2
- Total, clamped to 0–100 27
Safety
3.0- Starting points 50
- Third-party liquidity -6
- AML screening -3
- May request ID -4
- Closed source -3
- Anonymous operator -4
- Total, clamped to 0–100 30
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 YBEX’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 YBEX. If you have a documented case, report it.
User reviews
Reviews never change a grade. Reviews with a transaction reference are marked.
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YBEX: common questions
Does YBEX require KYC?
YBEX is rated KYC level 3 of 4 on this site: ID on risk flag. AML policy s.2: high-risk transactions "may be frozen for an indefinite period until full identity verification (KYC) is completed"; s.3.3: "User assets that do not pass the AML review are not subject to exchange or refund".
Is YBEX safe to use?
YBEX 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 YBEX legit?
YBEX 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 3.0 out of 10, built from custody, liquidity, track record and incidents.
Is YBEX 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 YBEX. Its terms also allow it to hold a flagged deposit and ask for identity documents.
Do I need an account or email to use YBEX?
No account needed.
Does YBEX have a Tor onion address?
No official onion address was found on YBEX's own pages.
Which cryptocurrencies does YBEX support?
YBEX supports BTC, ETH, USDT, XMR.
Is YBEX custodial?
Yes. YBEX holds funds during a trade, which means it is able to delay or freeze them.
Can I use YBEX over Tor?
YBEX does not publish an official onion address.
Listing history
- Listing added. Facts and KYC level set from the service's own terms and documentation.