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Author Topic: Best ShapeShift Alternatives for 2021?  (Read 120 times)
Abiky (OP)
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May 28, 2021, 08:16:24 PM
 #1

Back in the day, ShapeShift was one of the best (if not the best) instant exchanges without KYC/AML. Unfortunately, fierce regulations from mainstream governments forced ShapeShift to require ID verification to its users in order to continue running its business. This has led many to look for other alternatives that are similar to ShapeShift. Platforms like Uniswap and PancakeSwap are good but they don't work for cross-chain trades (as far as I'm aware). An exchange like ShapeShift without KYC/AML would be ideal to trade cross-chain cryptocurrencies in a completely anonymous manner.

This leads me wondering which are the best alternatives to ShapeShift right now? Any suggestions, or recommendations will be greatly appreciated. Thanks in advance. Smiley

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May 28, 2021, 09:45:57 PM
Last edit: May 28, 2021, 10:15:12 PM by Bitcoin_Arena
 #2

There are a number of instant exchanges and a few cross chain bridges i know about that may not require any KYC depending on the conditions But please first read the terms and conditions before carrying out any transactions
- coinplaza.it (good for small amounts, no KYC details for transaction less than $100 if I recall well)
- https://fixedfloat.com
- https://xchange.me
- https://godex.io
- https://sideshift.ai
- https://boltz.exchange
- https://swap.lightning-network.ro
- https://www.morphtoken.com

Cross chain bridges

1. Swap BSC<->Polygon - https://www.xpollinate.io/
2. https://bridge.orbitchain.io/
3. https://liquality.io/swap/
4. Swap ERC<->Polygom - https://wallet.matic.network/

There are probably many more cross chain bridges I don't know about

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May 29, 2021, 02:26:53 PM
 #3

I personally used Changehero and Changenow in the past. If those two are the only one available for me, I'd go with Changehero at the moment.

I can't guarantee that their service is still the same though, considering a lot of these instant service are changing quickly as soon as they get lots of traffics.
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May 29, 2021, 11:23:14 PM
 #4

I personally used Changehero and Changenow in the past. If those two are the only one available for me, I'd go with Changehero at the moment.

I can't guarantee that their service is still the same though, considering a lot of these instant service are changing quickly as soon as they get lots of traffics.

Unfortunately, a lot has surely changed, Changehero can now request KYC/AML any time they feel like as it was in this case thought the person accusing was also a little unfair.

Gone are the days were most exchanges were not bothered about regulations and KYC/AML. Today, very few exchanges won't ask for KYC for any transaction you perform and even then they can make a U-turn any day and change their terms of service.

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Abiky (OP)
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June 01, 2021, 05:04:10 PM
 #5

There are a number of instant exchanges and a few cross chain bridges i know about that may not require any KYC depending on the conditions But please first read the terms and conditions before carrying out any transactions
- coinplaza.it (good for small amounts, no KYC details for transaction less than $100 if I recall well)
- https://fixedfloat.com
- https://xchange.me
- https://godex.io
- https://sideshift.ai
- https://boltz.exchange
- https://swap.lightning-network.ro
- https://www.morphtoken.com

Cross chain bridges

1. Swap BSC<->Polygon - https://www.xpollinate.io/
2. https://bridge.orbitchain.io/
3. https://liquality.io/swap/
4. Swap ERC<->Polygom - https://wallet.matic.network/

There are probably many more cross chain bridges I don't know about

Thanks for sharing this well-organized list. I've never thought there were going to be so many Shapeshift alternatives in the crypto/Blockchain space. This should ramp up the competition, as people use other services to avoid dealing with KYC. My favorite so far is CoinPlaza as it provides the ability to exchange Bitcoin to XMR instantly without the need for ID verification. I've been testing FixedFloat as well, and I'd have to say the results are quite impressive. The high ETH gas fees is what makes trading ERC-20 tokens unprofitable, forcing me to look for other alternatives. Al least, the wide array of options to choose from makes things more flexible for those looking to taking advantage of crypto's benefits at its fullest. Wink


I personally used Changehero and Changenow in the past. If those two are the only one available for me, I'd go with Changehero at the moment.

I can't guarantee that their service is still the same though, considering a lot of these instant service are changing quickly as soon as they get lots of traffics.

I've personally used Changelly and I'd have to say it's one of the best instant exchanges available on the market right now. There are so many crypto trading pairs, giving you the flexibility to choose from one coin to another without the need to look for another service. You can even buy crypto with a credit/debit card using their platform (although this defeats the purpose of no KYC). With so many alternatives to ShapeShift, there may be no reason to use a traditional centralized exchange to "join in the fun". Let's hope everything stays this way to keep crypto/Blockchain tech away from the middleman as much as possible. Smiley

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June 01, 2021, 05:36:40 PM
 #6

I used shapeshift in 2016/2017 with changelly through my wallet app called coinomi and they both works like same but now KYC is a must for shapeshift so if you are looking for an alternative changelly is the best, its old too around same time with shapeshift

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June 01, 2021, 07:37:32 PM
 #7

I used shapeshift in 2016/2017 with changelly through my wallet app called coinomi and they both works like same but now KYC is a must for shapeshift so if you are looking for an alternative changelly is the best, its old too around same time with shapeshift
You have to be careful about Changelly though. I have seen complaints on reddit where they have held held user funds until they complete KYC verification especially when their transactions are labelled as "suspicious"

You can use it but know that anytime the lock up your funds, you must be ready to complete KYC verification to have a chance of getting the funds back.

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June 01, 2021, 09:10:53 PM
 #8

I used shapeshift in 2016/2017 with changelly through my wallet app called coinomi and they both works like same but now KYC is a must for shapeshift so if you are looking for an alternative changelly is the best, its old too around same time with shapeshift
You have to be careful about Changelly though. I have seen complaints on reddit where they have held held user funds until they complete KYC verification especially when their transactions are labelled as "suspicious"

You can use it but know that anytime the lock up your funds, you must be ready to complete KYC verification to have a chance of getting the funds back.
I've used changelly for small amount of swaps before but I don't really recommend that to others as I know the risk that it has. I agree that a person who would like to try them must be very careful if they're going to use them but if there's a better option like fixedfloat then that's a better swap to use.

Thanks to list above, I might give it a try using fixedfloat.

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June 02, 2021, 07:19:53 AM
 #9

I used shapeshift in 2016/2017 with changelly through my wallet app called coinomi and they both works like same but now KYC is a must for shapeshift so if you are looking for an alternative changelly is the best, its old too around same time with shapeshift
You have to be careful about Changelly though. I have seen complaints on reddit where they have held held user funds until they complete KYC verification especially when their transactions are labelled as "suspicious"

You can use it but know that anytime the lock up your funds, you must be ready to complete KYC verification to have a chance of getting the funds back.
I've used changelly for small amount of swaps before but I don't really recommend that to others as I know the risk that it has. I agree that a person who would like to try them must be very careful if they're going to use them but if there's a better option like fixedfloat then that's a better swap to use.

Thanks to list above, I might give it a try using fixedfloat.
What? I use changelly alot of times already and I've never lost my coins before, I've change coins from 50$ up to 1500$ on changelly and till date it still works, anyways another one that actually works like changelly and shapeshift is totle

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June 02, 2021, 02:19:42 PM
 #10

AFAIK, there is no actual swap exchange available now which is reputed and doesn't have KYC requirements because everything changed in 2017 and 18 itself after that I am also gave up on instant swap exchanges and moved to traditional exchanges where we can get better offers than what we get on instant swap exchanges.









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June 02, 2021, 07:30:24 PM
 #11

What? I use changelly alot of times already and I've never lost my coins before, I've change coins from 50$ up to 1500$ on changelly and till date it still works, anyways another one that actually works like changelly and shapeshift is totle
That's good if you never had any problems with them and the same as well.

But there really are some serious concerns that had been tackled by some of their users and they cannot help them. Check their announcement thread and also their trust feedback and you'll see those people who had problems with them.

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June 02, 2021, 07:36:55 PM
 #12

I get used to use Shapeshift and when they are now asking KYC then i do transfer to Changelly and now they do the same thing then i do switch up to
coinswitch.co which now it did do the same thing which i do end up on using Changenow as of this moment.

Thanks for the list @Bitcoin_Arena. I wasnt expecting that there are still some few numbers of instant exchanger.
Sadly i dont have any smerits to pass up. Cool

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June 03, 2021, 06:02:20 PM
 #13

I get used to use Shapeshift and when they are now asking KYC then i do transfer to Changelly and now they do the same thing then i do switch up to
coinswitch.co which now it did do the same thing which i do end up on using Changenow as of this moment.

Thanks for the list @Bitcoin_Arena. I wasnt expecting that there are still some few numbers of instant exchanger.
Sadly i dont have any smerits to pass up. Cool
Changelly now asks for KYC? The only option left is to go Dex swap like pankace swap or apeswap, they work the same way as changelly and shapeshift and also their gas fee are very cheap too thanks to BSC

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June 05, 2021, 11:25:51 PM
 #14

Changelly now asks for KYC? The only option left is to go Dex swap like pankace swap or apeswap, they work the same way as changelly and shapeshift and also their gas fee are very cheap too thanks to BSC
They have been doing this for a long time now

Check out the complains on reddit regarding blocking of funds of different members pending KYC verification.

If you have been using them minus KYC, then you are still lucky, I doesn't mean they won't hesitate to ask for KYC verification in future.

They even talk about KYC here - https://changelly.com/aml-kyc

Dexes like Pancakeswap are very limited. They may not favour cross-chain swaps like tradition instant swap exchanges do. For example I can not use pancakeswap to exchange my Monero for Bitcoin (I mean the real Bitcoin, not the tokenized BEP20 crap  Cheesy )

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June 08, 2021, 03:15:01 PM
 #15

They have been doing this for a long time now

Check out the complains on reddit regarding blocking of funds of different members pending KYC verification.

If you have been using them minus KYC, then you are still lucky, I doesn't mean they won't hesitate to ask for KYC verification in future.

They even talk about KYC here - https://changelly.com/aml-kyc

Dexes like Pancakeswap are very limited. They may not favour cross-chain swaps like tradition instant swap exchanges do. For example I can not use pancakeswap to exchange my Monero for Bitcoin (I mean the real Bitcoin, not the tokenized BEP20 crap  Cheesy )

KYC sucks real bad. It defeats the whole purpose of crypto/Blockchain tech. ShapeShift was popular in its early days because it didn't require traders to verify their ID. You'd just exchange from one crypto to another without any KYC whatsoever. I fail to see why governments want to regulate a crypto-only exchange, when crypto is out of their jurisdiction. KYC/AML would only apply if there was a trade between Fiat and crypto or vice versa. But that's not the case these days, greatly undermining crypto/Blockchain tech's growth in the mainstream world.

At least, there are many other alternatives to both ShapeShift and Changelly on the market. And if instant exchanges aren't enough, there's always the choice of atomic swaps. Crypto/Blockchain tech's decentralization allows for greater freedom even when regulations come into play. It seems to me that anti-KYC exchanges will be here to stay as governments will be unable to enforce regulations towards the entire crypto/Blockchain space. ShapeShift may ultimately go out of business, as people flock to other alternatives that are free of KYC. Just my thoughts Grin

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