Privacy
No-KYC exchange
Also: KYC-free exchange · anonymous exchange
A no-KYC exchange lets you swap crypto without creating an account or uploading identity documents before the trade.
“No-KYC” describes the onboarding, not a legal guarantee. Most no-KYC instant exchanges are non-custodial: you send coins to a one-time deposit address and receive the other asset in your own wallet, so there is no account to verify.
The honest caveat: these services source liquidity from partners that run automated AML screening. A deposit flagged as high-risk can be paused and, depending on the service, identity or source-of-funds information may be requested. That is different from mandatory ID upload at signup.
On Swap.bz
Swap.bz has no account and no upfront KYC. A liquidity partner may still screen a flagged deposit; support handles the order with your order ID. See the No-KYC page and the sourced comparison of no-KYC exchanges.
No-KYC crypto exchange →Related terms
KYC (Know Your Customer)
KYC is the identity-verification process — ID document, selfie, sometimes proof of address — that regulated financial services require before serving a customer.
AML (Anti-Money Laundering)
AML screening is the automated analysis of a deposit’s on-chain history to detect links to sanctioned addresses, hacks, mixers or other high-risk sources.
Non-custodial
A non-custodial service never holds your balance: funds move from your wallet to a one-time deposit address and out to your receive wallet within a single order.
Private Swap
Private Swap is Swap.bz’s optional 1% mode that routes a swap through additional hops — often via Monero — to break the direct on-chain link between the deposit and the receive wallet.
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