FixedFloat alternative
FixedFloat is a well-known no-signup exchange with Lightning support. Its terms allow suspending orders for source-of-funds verification. Here is where Swap.bz is similar and where it differs.
FixedFloat vs Swap.bz · No account · 0.5% fee
Facts from public documentation · Last reviewed
FixedFloat (ff.io, since 2018) is a non-custodial automated exchange. Pricing is 0.5% + network fee on floating-rate orders and 1% + network fee on fixed-rate orders that lock the rate for 10 minutes. No registration is required at the order form.
Its terms of service state that orders whose funds are “clearly related to criminal activity” may be suspended pending source-of-funds information, with correspondence by e-mail. In March 2025 FixedFloat extended this to all funds traceable to eXch, and in June 2026 it confirmed that deposits originating from certain sanctioned or high-risk exchanges (HTX/Huobi was named) are suspended pending verification. Independent reviews also note that ~$28M was lost in two 2024 security incidents (covered by the operator) and that no .onion mirror is published.
Swap.bz uses the same no-account model and a comparable 0.5% Standard fee, and adds an optional 1% Private Swap route with extra hops. Swap.bz does not offer Lightning at the moment. On Standard and Private both services can pause a flagged deposit under partner AML rules; Swap.bz’s THORChain route (1%) is the exception — decentralised pools, no operator, nothing to freeze.
FixedFloat vs Swap.bz at a glance
| FixedFloat | Swap.bz | |
|---|---|---|
| Account | None | None |
| KYC | None upfront; AML hold + source-of-funds request on flagged orders | No account, no ID upload to quote or start a swap. On Standard and Private a liquidity partner may still screen a flagged deposit under AML rules; support handles the order if that happens. The THORChain route (1%) has no partner at all: decentralised pools, no screening, nothing to freeze. |
| Fees | 0.5% float · 1% fixed (10-min lock) + network fees | 0.5% Standard · 1% Private Swap · 1% THORChain route, shown in the quote before you deposit. Network fees separate. |
| Custody | Non-custodial | Non-custodial: one-time deposit address, payout straight to your wallet. |
| Assets | ~80 curated incl. BTC Lightning, ETH, XMR, SOL, LTC | 100+ coins incl. BTC, ETH, XMR, SOL, USDT, USDC, LTC. |
| Channels | Web, widget, Telegram bot | Web + Telegram @SwapbzBot, 11 UI languages. |
Why people look for an alternative
- Flagged orders require an e-mail source-of-funds process; users report ID + video requests in those cases, no refund-to-source option, and public cases of funds held for months (2026).
- Two security incidents in 2024 (~$28M, covered by the operator).
- Swap.bz adds a Private Swap (1%) option and a Telegram-native flow for the same 0.5% base fee.
Where FixedFloat may still fit
- You need Bitcoin Lightning in or out — FixedFloat supports it, Swap.bz does not yet.
- You want FixedFloat’s explicit 1% fixed-rate mode with a 10-minute lock. On Swap.bz the receive amount on the order page is honored when your deposit arrives within the order’s deposit window — no separate fixed-rate tier or extra 0.5% for it.
Live quote · no account · payout to your wallet
Questions
Sources
- FixedFloat FAQ — fees and rate types
- FixedFloat Terms of Service (§7.1 suspension)
- FixedFloat — AML terms update (eXch funds)
- SkipKYC — FixedFloat review 2026
- xmr.club — FixedFloat incident log (June 2026)
Third-party facts are taken from the services’ own terms, FAQs and dated public reports as of the review date. Policies change; if something here is out of date, tell us via support and we will correct it.