- Exchange
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.
Scores
- Guaranteed no KYC
- Terms explicitly state KYC will never be requested.
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Currently in beta 0 -1
The service is in pre-release phase and may have bugs or missing features. Feedback is welcome to help improve it. Frequent updates are expected.
0 Privacy-1 Trust -
Guaranteed no KYC +25 0
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Atomic Swaps +3 +8
An atomic swap is a way for two people to directly exchange cryptocurrencies from different blockchains without needing a middleman like a centralized exchange. It’s called “atomic” because the swap either happens completely or not at all - there’s no partial or failed trade where one side loses out.
+3 Privacy+8 Trust -
Verified 0 +10
Thoroughly tested and verified by the team. But things might change, this is not a guarantee. Read more about the listing statuses.
Check out the proof.
0 Privacy+10 Trust -
Strict no-log policy +5 +3
The service has a strict no-log policy, which means that it does not collect or store any information about its users.
+5 Privacy+3 Trust -
Non-custodial wallet +3 +5
A non-custodial wallet is a type of crypto wallet where the user holds and manages the private keys to the wallet and the assets in custody. The user is responsible for safeguarding their funds, and they are the only ones with access to their private keys. Using a non-custodial wallet requires no trust in any institution.
+3 Privacy+5 Trust -
Open source code 0 +7
The source code of the service is publicly available and licensed as open-source. This allows the community to audit the service, though it doesn’t guarantee security or quality.
0 Privacy+7 Trust -
Peer to peer network +2 +5
A peer-to-peer network is a decentralized networking model where individual computers (peers) directly connect and share resources or data with each other, rather than through a central server.
+2 Privacy+5 Trust -
Accepts Monero +5 0
This service accepts Monero, a privacy-focused cryptocurrency that provides enhanced anonymity.
+5 Privacy0 Trust -
Has Onion or I2P URLs +5 0
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No registration needed +5 0
Users can access and use the service without creating an account. This enables a faster and more convenient user experience while also offering enhanced privacy and anonymity.
+5 Privacy0 Trust -
Peer to peer market 0 +4
Peer-to-peer marketplaces are online platforms where unknown people can trade goods, cryptocurrencies and services directly from each other, without the need for intermediaries like traditional retailers or service providers.
A peer-to-peer market can be centralized, so do not confuse this with peer to peer networks.
0 Privacy+4 Trust -
No JavaScript needed +1 0
The service does not require the user to enable JavaScript in order to access and use its features.
+1 Privacy0 Trust - Base score +50 +50
Overall = 60% Privacy + 40% Trust (Truncated)
Terms of Service Review
BasicSwap DEX is a fully decentralized, open-source, peer-to-peer exchange with no central party, no fees, and no data collection. Swaps are atomic and coins are refunded automatically if a swap fails or gets stuck.
No data collection
BasicSwap operates on a peer-to-peer, open-source basis with no central party to collect or share your data whatsoever. This website also does not retain your personal data.
No fees
BasicSwap operates with 0% trading or service fees and no commercial activities. Only standard blockchain transaction fees apply.
Atomic Swaps
Swaps are conducted on-chain using atomic swap technology, ensuring funds are automatically refunded to original owners if a swap fails or gets “stuck” due to unmet conditions or inactivity.
Decentralized
The platform is fully decentralized, with no central point of failure. It relies on the SMSG network and official coin cores, meaning it is not dependent on any team or organization to operate.
Open-source
The entire platform’s code is openly available and fully open-source on GitHub, allowing users to verify and audit its operation.
Run your own node
Running a local BasicSwap node is currently necessary and your node must stay online throughout a swap. You can run it on a cloud server/VPS, but are advised to encrypt your instance for security.
Reviewed from basicswapdex.com/faq
ToS reviews are AI-generated and should be used as a reference only.
Events
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Attribute added
Attribute "Currently in beta" was added to SasicSwap
Verification
Learn moreThoroughly tested and verified by the team. But things might change, this is not a guarantee.
Comments
Very sovereign, pure atomic swap with 0 middlemen, no arbitrators or anything. Tho it’s very hard for non techy users, things need to done in this sense for liquidity to improve.
It’s not a fiat on ramp, just atomic swaps.
Commits the fatal sin of making you go through a github page if you want to use it, thus annihilating any chance of true adoption. Remember: anything other than a simple “install” or “start trading” button on the front page will make you lose 90% of people. When you go to their site you’re greeted with 5 choices: “Github”, “Build from source”, “Bash Install (Linux)”, “Guides” and “Terms and Conditions”. Scrap all that shit and put a simple “Download and start trading” button.
It’s very harsh but you’re not wrong. It’s a shame because the product is amazing, after digging a lot I think there’s not better for atomic SWAP. I reached the basicswap admin about this issue, hope it will change soon.
Top rated but ultimately it’s a not easy to setup and when I finally did there was no trades so I just wasted time, I gave up and used Haveno Reto which deserves this spot, sorry :/
Kudos for the nice design though it does looks great, the guy who got paid from the CCS to make it / owns it scams and plays dirty with other developers though, so for that reason I give 2 stars this time…. Kewbit posted a bunch of proof, I find it hard to argue against his points too.
A bit hard to setup for non techy users. But it’s the best product pure atomic swap. Zero intermediaries zero arbitration zero permission. Need more liquidity and more awareness for this amazing product !
Yeah, the tech is solid — true atomic swaps are the future. But the UX gap still scares off most casual users. Once liquidity improves, this could go mainstream.
if u have an installer for windows which is not recomended u shouldnt offer but improve them.