LetsExchange vs SideShift
_ no-KYC exchange comparison · trust, privacy, custody
| LetsExchange | SideShift | |
|---|---|---|
| Trust score | D | C |
| Privacy | 42 | 48 |
| Trust | 60 | 78 |
| Type | exchange | exchange |
| Verified | — | — |
| Reviews | 0 | 0 |
// pros & cons
LetsExchange
- ✓ No registration needed
- ✓ No email required
- ✓ Tor / onion service
- ✓ Accepts Monero
- ✓ Public policies
- ✗ Transaction monitoring
- ✗ May freeze funds on AML
- ✗ KYC required for AML refund
- ✗ KYC depends on partner
- ✗ Shotgun KYC
SideShift
- ✓ No registration needed
- ✓ No email required
- ✓ Accepts Monero
- ✓ Non-custodial
- ✓ Good customer support
- ✗ Transaction monitoring
- ✗ Shotgun KYC
- ✗ Data sharing
- ✗ May freeze / suspend
// verdict
LetsExchange vs SideShift: which no-KYC swap fits you?
Both platforms operate without registration or KYC and use a hybrid rate model (floating or fixed) with case-by-case refund handling. The practical differences come down to scope, custody style, and track record.
- Asset coverage: LetsExchange advertises 5,980+ assets across 300+ networks, acting as an aggregator that routes orders to liquidity partners. SideShift focuses on a tighter set of 200+ coins on major chains.
- Custody model: LetsExchange is a custodial aggregator that holds funds during routing. SideShift uses custodial-temporary flows, taking custody only for the brief duration of the swap before sending output directly to your wallet.
- Track record: SideShift has been live since 2018, giving it a longer operational history. LetsExchange launched in 2021 but has built broad multi-chain reach quickly.
Recommendation: pick LetsExchange when you need an obscure token or a cross-chain bridge route across many networks. Pick SideShift for straightforward swaps between major assets where minimal custody exposure and a longer track record matter more than asset breadth. For any large amount, fetch a live quote on both and compare the locked rate after fees.
// FAQ
Is LetsExchange or SideShift safer?
SideShift has a longer track record (since 2018) and shorter custody windows, which slightly reduces counterparty exposure. LetsExchange is a custodial aggregator routing through partners. Neither requires KYC, but both can request information on flagged transactions under their AML policies.
Which one has better rates?
Rates depend entirely on the pair and the moment. LetsExchange aggregates multiple liquidity sources, which can help on long-tail pairs. SideShift often prices major pairs like BTC, ETH and SOL competitively. Always compare live quotes including network fees before committing.
Do either support fixed-rate swaps?
Yes, both offer a hybrid model with floating and fixed-rate options. Fixed rates protect you from market moves during confirmation but typically include a wider spread. Floating rates settle at the final market price when funds arrive.
What happens if a swap fails?
Both services handle refunds case-by-case rather than automatically. You generally need to provide a refund address (some flows require it upfront) and contact support. Always save the order ID and transaction hashes in case manual intervention is needed.
// related