Swaponix

A no-registration crypto-to-crypto swap service established in 2024, supporting 301 coins per SwapSpace listing (1,200+ per their own marketing), with both fixed and floating rate options. Listed on SwapSpace as a partner with 4.1/5 SwapSpace rating and 4.0/5 Trustpilot rating. Platform markets itself as "Fast and reliable crypto exchange. No KYC required. 24/7 AML check available through support. Instant exchange in automatic mode, within 1-2 minutes, No AML / KYC required for the exchange, Full anonymity, no verification is required". Marketed as "No AML / KYC required" with full anonymity. Notably, Swaponix offers something similar to PegasusSwap's pre-deposit AML check feature: "24/7 AML check available through support" — meaning you can ask support to verify your wallet's AML score before depositing, which mitigates the "post-deposit AML trap" risk that affects most aggregator-routed services. CryptwerkHowever, the marketing claims and the documented user experience diverge significantly on this point. The most detailed Trustpilot review describes exactly the AML-trap scenario the marketing claims to avoid: "I deposited 0.033 BTC to Swaponix via SwapSpace on 17 April 2025 for a straightforward crypto swap. I provided full KYC, a clean MistTrack report, a Ledger Live screenshot — yet the swap was not completed, and no refund was issued for 19 days. While I eventually received a full refund, it only came after extended delays and public escalation. Throughout the process, communication was slow and repetitive, and the support team often seemed unfamiliar with standard compliance practices like wallet proofs and risk analysis." This is a critical data point: the user provided a clean MistTrack report (industry-standard AML clearance) and still got their swap held for KYC followed by a 19-day refund delay. The marketing language "No KYC required" doesn't match operational behavior when AML triggers fire.