Six no-KYC exchanges, compared in detail

Based on public documentation and third-party reviews as of September 2026 — not on our own trading. Where a figure is an estimate or unverified, we say so inline. Nothing here is financial advice; verify terms on each official site before swapping.

Some links below are affiliate links (notably ChangeNOW). We may earn a commission at no extra cost to you. Full disclosure.

ChangeNOW

changenow.io · operating since 2017 · non-custodial

  • KYC policy: No registration or KYC for standard crypto-to-crypto swaps. Automated AML can trigger KYC on a small minority of transactions — third-party estimates put it around 0.5% (estimate, not an official figure).
  • Fees: No separate fee line; margin built into the quoted rate, roughly 0.5%–4% depending on pair and conditions (estimate range). Network fees are extra. Fixed rate locks your quote (around 20 min); floating rate uses the market price at execution.
  • Limits: Minimum around $2 equivalent; no published maximum.
  • XMR support: Yes — Monero supported in both directions.
  • Affiliate program: 0.4% of every referred swap (base rate, adjustable), paid in BTC — the official blog also mentions 50+ payout currencies. Minimum withdrawal is listed as either 0.002 BTC or $100 depending on which official page you read (figures differ across official pages). Email-only signup reported by third parties (unverified).
  • Reputation: Trustpilot 4.5/5 with 13,000+ reviews per multiple 2026 sources. No major security incidents reported.

Pros

  • Long track record (since 2017), no major hacks reported
  • Broad pair selection including XMR both ways
  • Fixed-rate option locks the quote
  • No-KYC affiliate program with BTC payouts

Cons

  • True fee is opaque — baked into the rate, not itemized (varies)
  • Rare AML-triggered KYC can still freeze a swap
  • Affiliate payout minimum is inconsistent across official pages

Our pick for: beginners and anyone wanting the widest pair selection on a long-running no-KYC service.

Referral link — we may earn 0.4% of referred trades at no cost to you. Disclosure.

FixedFloat

ff.io (migrated from fixedfloat.com after 2024 incidents — always use ff.io) · since 2018 · Estonian FIU licensed

  • KYC policy: No registration or ID for standard swaps. KYC triggers are rare but strict when they happen. Not available to US users.
  • Fees: 1% for fixed-rate swaps (rate locked 10 minutes), 0.5% for floating-rate swaps; network fees shown in the quote.
  • Limits: Minimum around $1 equivalent; no published hard maximum.
  • XMR support: Yes — both directions.
  • Affiliate program: Per official terms: 40% of FixedFloat's income from qualified referral transactions; minimum payout 0.001 BTC; payout requests approved within 3 days. Payout currency is officially BTC-denominated; other currencies claimed by third parties (unverified). Affiliate KYC status unverified.
  • Security history: Hacked twice in 2024 — approximately $26.1M and $2.8M — then rebuilt its infrastructure and relaunched on ff.io. Disclosed here honestly because it matters.
  • Reputation: Trustpilot 4.9/5 is a pre-hack figure and dated; current score unverified. Swapzone 3.7/5 (91 reviews).

Pros

  • Among the most transparent fees: 1% / 0.5%
  • Regulated (Estonian FIU license)
  • Low ~$1 minimums; XMR both ways

Cons

  • Two major hacks in 2024 — rebuilt, but the history counts
  • Strict KYC when triggered; no US users
  • Current Trustpilot score unverified

Our pick for: fee-conscious swappers who value stated, itemized fees — if you're comfortable with the post-hack rebuild.

StealthEX

stealthex.io · since 2018 · non-custodial

  • KYC policy: No registration or account for standard swaps; KYC triggers via AML are rare. Not available in the USA, Japan, North Korea, Cuba, Syria or Sudan.
  • Fees: 0.4% service fee plus network/provider fees.
  • Limits: No maximum for floating swaps; minimums are pair-specific.
  • XMR support: Yes — both directions.
  • Affiliate program: 0.4% per exchange (adjustable); minimum payout $300 equivalent in BTC; payouts in BTC. Email+password signup per third-party source; affiliate KYC unverified.
  • Reputation: Trustpilot 4.8/5 per 2024 coverage (155 reviews) — current score unverified. Swapzone 4.5/5. No hacks reported.

Pros

  • Low stated 0.4% service fee
  • No account needed; no hacks reported
  • No upper limit on floating swaps

Cons

  • Blocked in several countries including the US and Japan
  • Current reputation scores unverified beyond 2024 coverage
  • High ($300) affiliate payout threshold

Our pick for: swappers outside restricted regions who want a low stated service fee.

SideShift.ai

sideshift.ai · since 2019 · integrated in Trezor Suite and Bitcoin.com wallet

  • KYC policy: No account, registration or KYC for standard swaps. Swapzone labels its KYC frequency "Never" — the only partner with that label — but risk-based human reviews/freezes remain possible, and kycnot.me rates it as possibly requesting KYC in rare cases.
  • Fees: Roughly 0.5–1% margin embedded in the rate (estimate); network fees separate. Fixed rate locks 15 minutes; variable rate locks at deposit.
  • Limits: Pair-specific; exact numbers unverified.
  • XMR support: Yes per 2026 sources — but XMR support has historically been intermittent (dropped around 2024), so verify availability for your pair before sending.
  • Affiliate program: 0.5% of referred shift volume — but the payout currency conflicts between sources: the official help center says USDT on Ethereum, the white paper says XAI. Treat as unverified/conflicting. Minimum payout and affiliate KYC unverified.
  • Reputation: ~304 Trustpilot reviews, strong — exact score unverified. Swapzone 4.3/5. No major hack.

Pros

  • Strongest "rarely asks for KYC" reputation among the six
  • Embedded in major wallets (Trezor Suite, Bitcoin.com)
  • No account friction at all

Cons

  • XMR support has been intermittent — verify first
  • Affiliate terms conflict across official sources; not reliable as an affiliate choice
  • Fee margin is an estimate, not a published figure

Our pick for: swaps inside Trezor Suite or Bitcoin.com wallet, where it's built in.

SimpleSwap

simpleswap.io · since 2018

  • KYC policy: No KYC for standard crypto swaps ("rare" triggers). Voluntary KYC via SumSub is optional; KYC is mandatory for fiat purchases; risk-based AML holds possible.
  • Fees: From around 0.2% bundled in the rate, varying by pair (estimate). Fixed rate = wider spread with a 20-minute guarantee; third-party estimates suggest ~1.21% floating / ~2% fixed (estimate). Network fees separate.
  • Limits: No upper limit; minimums are pair-specific.
  • XMR support: Yes.
  • Affiliate program — read carefully: Per official terms (May 2026): 0.4% default one-tier, two-tier in open beta, API/widget users can set 0.4%–5%. Paid exclusively in USDT (minimum 300 USDT); a legacy BTC option (min 0.008 BTC) exists only for affiliates onboarded before March 2025. Affiliate withdrawals may require ID at their discretion, and API use requires KYC/KYB. Cookie: 30 days. This affiliate KYC requirement means the program does not fit a no-KYC affiliate strategy — SimpleSwap remains a fine no-KYC option for users swapping, but we do not recommend its affiliate program for this site's strategy.
  • Reputation: Trustpilot 4.1 (2,500+ reviews). Swapzone 4.6/5. No major hack.

Pros

  • No KYC needed to swap; no upper limit
  • Optional fixed-rate with 20-minute guarantee
  • Strong Swapzone rating (4.6/5)

Cons

  • Affiliate program can require ID — incompatible with a no-KYC affiliate strategy
  • Fee figures are third-party estimates, not published
  • Trustpilot 4.1 is the weakest of the six

Our pick for: casual crypto-to-crypto swappers as a user tool — not as an affiliate partner for us.

LetsExchange

letsexchange.io · founded 2020, platform launched 2021

  • KYC policy: No registration or KYC for crypto-to-crypto swaps; KYC required for fiat via the payment provider; AMLBot screening applies.
  • Fees: Network fee plus a liquidity-provider commission embedded in the rate — the LP commission percentage is undisclosed (unverified). Fixed and floating rates available.
  • Limits: No upper limit; minimum around 0.002 BTC equivalent, pair-specific.
  • XMR support: Yes.
  • Affiliate program: 0.45% per swap via referral links per the official blog; custom revenue share via API. Minimum payout, payout currency and affiliate KYC all unverified.
  • Reputation: Trustpilot 4.6. Swapzone 4.5/5. No major hacks reported.

Pros

  • Highest stated base affiliate rate (0.45%)
  • Both fixed and floating rates; no upper limit
  • Solid third-party ratings

Cons

  • Fee commission is undisclosed — you can't compute the true cost from published data
  • Youngest platform of the six
  • Affiliate payout terms unverified

Our pick for: swappers who want both fixed and floating rates in one place and don't mind an undisclosed fee margin.

Summary table

All six at a glance (estimates marked)
Exchange Fee KYC triggers Min swap XMR Affiliate payout
ChangeNOW ~0.5–4% in rate (est.) Rare AML ~$2 Yes 0.4% in BTC
FixedFloat 1% fixed / 0.5% floating Rare, strict ~$1 Yes 40% of FF income, min 0.001 BTC
StealthEX 0.4% + network Rare AML Pair-specific Yes 0.4%, min $300 in BTC
SideShift.ai ~0.5–1% (est.) Rare risk reviews Unverified Yes (verify) Conflicting/unverified
SimpleSwap From ~0.2% (est.) Rare; fiat always Pair-specific Yes USDT only — affiliate KYC possible
LetsExchange Undisclosed LP margin AML screening; fiat via provider ~0.002 BTC equiv. Yes 0.45% (payout terms unverified)

Referral link — we may earn 0.4% of referred trades at no cost to you. Disclosure.