basicswap beta
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Tor
ToS

Cross-chain trading exchange (DEX) peer-to-peer trading of cryptocurrencies like Bitcoin and Monero. It uses Particl's network, atomic swaps, and scriptless scripts for transactions without third-party involvement.

KYC LEVEL 0

The exchange ToS do not mention that it will ever request the user for a KYC verification.

BasicSwap's network is decentralized, using Particl's SMSG for node communication without requiring Particl staking. There has been some disussion about Particl and SMSG. Read more: mitra.social, repo.getmonero.org

Open source code Non-custodial wallet Strict no-KYC policy No personal information needed Peer to peer trading Strict no-log policy Peer to peer network No JavaScript needed
(updated 1 hour ago)
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Last Check: 2024-07-24

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Transaction Monitoring

BasicSwapDEX does not monitor user transactions or activities. It functions on a peer-to-peer, open-source basis with no central party to collect or monitor data.

ToS section: "Do you collect any data about me?"

User Identification

The provided content does not mention any requirement for user identity verification, indicating that no such requirement exists.

ToS section: "Not explicitly stated in the provided sections."

3rd Party Data Sharing

BasicSwapDEX explicitly states that there is no central operator or service provider to collect or share data.

ToS section: "Do you collect any data about me?"

Data sharing with authorities

BasicSwapDEX does not collect any user data, hence cannot share data with authorities or any other parties.

ToS section: "Do you collect any data about me?"

Logging

The content states that BasicSwapDEX does not collect any personal data, which includes logging IP addresses or transactions.

ToS section: "Do you collect any data about me?"

Blocking of funds

BasicSwapDEX operates without any central authority, hence it cannot block or freeze user funds.

ToS section: "Do you need to run a local node to perform a swap?"

Account termination/blocking

There are no references to account termination or blocking in the content provided.

ToS section: "Not explicitly stated in the provided sections."

Transaction flagging

There is no indication that BasicSwapDEX flags suspicious transactions, given its decentralized and privacy-focused nature.

ToS section: "Do you collect any data about me?"

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