Quickex

Operating since 2018 as a non-custodial instant swap service supporting 100+ assets with no registration, fixed rates locked at order creation, and typical settlement in 10–20 minutes. Generally positive Trustpilot sentiment for everyday swaps, low fees, responsive support, and a useful pre-deposit AML address-check tool that lets users verify funds won't be flagged before sending. XMR transactions reportedly bypass AML checks entirely, making it popular for Monero-related swaps. No KYC for standard swaps — no signup, no personal data. However, Quickex has one of the more documented and aggressive AML enforcement policies among no-KYC swap services. Quickex enforces shotgun KYC via automated risk scoring above 40%. Flagged transactions are frozen indefinitely until extensive KYC and Proof of Funds are provided. If KYC is passed, assets are not exchanged but refunded to the original address minus a 5% commission. Assets will not be returned if the user fails to provide requested documents within 30 calendar days. Transactions linked to privacy tools — Tornado Cash, mixers, Wasabi Wallet, Railgun, JoinMarket — are explicitly targeted for AML blockages, and the third-party liquidity provider reserves the right to refuse paying out frozen funds even after AML/KYC verification is successfully completed. User reports also note strict AML checks resulting in frozen funds and forced KYC, especially for coins linked to CoinJoin or MWEB, plus a high threshold of 12 Monero confirmations. There are several Trustpilot complaints about funds held for weeks even after full KYC compliance, with the platform attributing delays to liquidity-provider compliance rather than its own.