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Author Topic: 💥💰 KYCNAH | No-KYC ~ No ID Anonymous Monero Swap Exchange 💰💥  (Read 191 times)
KYCNAH (OP)
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December 30, 2024, 07:54:58 AM
Last edit: January 02, 2025, 11:55:38 PM by KYCNAH
 #1

KYCNAH is an anonymous, no-log cryptocurrency swap exchange service that currently accepts some of the most popular crypto currencies including Bitcoin, Ethereum and Monero.
Trade with confidence using our quick and secure cryptocurrency trading Monero swap exchange service, where your anonymity is our top priority and your transactions are shielded from prying eyes. Try us out today, don't delay!

What we offer:
✅ No KYC / No ID
✅ No Registration
✅ No-log policy
✅ Transactions permanently deleted from servers after 7 days
✅ No Javascript
✅ Fast Exchange (avg. time to complete ~ 26 minutes)
✅ Automated refunds

Bonus features:
☑️ Available in 16+ languages (English / Russian / German / Spanish / Brazilian Portuguese / French / Italian / Swedish / Polish / Finnish / Dutch / Japanese / Korean / Mandarin Chinese / Bahasa Indonesian / Hindi / Arabic)
☑️ All chat conversations with staff deleted automatically after 7 days for maximum privacy
☑️ We do not use third-party wallets or exchange services.
☑️ KYCNAH owns and operates all of our wallets.
☑️ KYCNAH is also accessible on the Tor network.

Website: https://kycnah.io
Tor onion address: http://kycnahbrcu24xea7rdqf3tkqkgd6jylzet33gxqbtk7w4vesmqkiqgqd.onion/

Contact us through our private support team (PGP-Key available) at https://kycnah.io/en/support/create/
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December 30, 2024, 09:44:44 AM
 #2

I see that you have no privacy policy on the site and your help section mentions that no KYC will ever be requested by the users. That's a positive thing and I hope it's true.

A couple of thoughts and questions.

1.You don't mention anything about fees. What percentage do you take from an exchange? Are the rates fixed, floating?
2. Is the exchange window 30 minutes for the initial deposit transaction to your wallets? Do the rates change during this window or remain fixed?
3. You should add accurate live information about your crypto reserves that users can check before depositing money into your exchange. You don't have that.
4. What's the minimum and maximum trade?
5. Please don't call your service "non-custodial." People will get the wrong idea. It's a custodial service. I know what you wanted to say: you hold the keys and not a 3rd-party service. But for the end-user it doesn't matter. They don't hold their own keys and need to trust you. Hence, it's custodial and not trustless. 
6. You can get in touch with the people behind https://kycnot.me/ to see if they can list your exchange on their website.

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December 30, 2024, 09:49:04 AM
 #3

Hi, welcome to the forum. I currently don't have plan to try your exchange, but i hope you don't mind me sharing these thoughts/question.
1. On the homepage, why there are text "BTC wallet online ETH wallet online XMR wallet online"?
2. Your exchange rate isn't very competitive. For example, your website show 0.1 BTC equal 45.00527408 XMR. But exchange lsited on https://orangefren.com/results/0.1/BTC/XMR/ shows 0.1 BTC equal 46.0023772 XMR - 48.25090935 XMR.
3. "✅ No Javascript" is somewhat misleading when the homepage load file called "bootstrap.bundle.min.js".

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December 30, 2024, 08:09:13 PM
 #4

Contact section says that someone will respond to inquiries within 12-48 hours, that is an awfully long time for someone who very likely has a transaction issue which they need sorted out quickly.

Also, you claim to not support ethereum yet, but when I click the drop down option to send, I am offered the option to send Ethereum. Does this mean you can receive eth and swap that for either BTC or XMR?

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December 30, 2024, 09:56:58 PM
 #5

Some external links are broken, like this one (XMR Guide) - http://xmrguide25ibknxgaray5rqksrclddxqku3ggdcnzg4ogdi5qkdkd2yd.onion/. You might want to check them out and rectify the issue

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December 31, 2024, 04:27:23 AM
Merited by hugeblack (2)
 #6

besides what others have mentioned, i see on the help page that you state you own the private keys to the wallets and that none of the transactions are routed through any third party.
does that mean you are using your own reserves? will you be able to confirm that by showing some proof?

for those two situations, it would be better if you recalculated the exchange amount instead of issuing a refund.




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December 31, 2024, 08:51:19 AM
 #7

Some external links are broken, like this one (XMR Guide) - http://xmrguide25ibknxgaray5rqksrclddxqku3ggdcnzg4ogdi5qkdkd2yd.onion/. You might want to check them out and rectify the issue
Initially I thought that you were trying to open that onion link in a standard clearnet browser, but you are right. It won't load over Tor.

for those two situations, it would be better if you recalculated the exchange amount instead of issuing a refund.
True. I see no reason to refund the money unless the customers want a refund. The exchange could offer its clients both options and allow them to choose between getting a full refund or swapping a smaller amount.

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KYCNAH (OP)
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January 02, 2025, 09:06:02 AM
 #8

I see that you have no privacy policy on the site and your help section mentions that no KYC will ever be requested by the users. That's a positive thing and I hope it's true.

A couple of thoughts and questions.

1.You don't mention anything about fees. What percentage do you take from an exchange? Are the rates fixed, floating?
2. Is the exchange window 30 minutes for the initial deposit transaction to your wallets? Do the rates change during this window or remain fixed?
3. You should add accurate live information about your crypto reserves that users can check before depositing money into your exchange. You don't have that.
4. What's the minimum and maximum trade?
5. Please don't call your service "non-custodial." People will get the wrong idea. It's a custodial service. I know what you wanted to say: you hold the keys and not a 3rd-party service. But for the end-user it doesn't matter. They don't hold their own keys and need to trust you. Hence, it's custodial and not trustless. 
6. You can get in touch with the people behind https://kycnot.me/ to see if they can list your exchange on their website.

Hello and happy new years. I will address your questions

1. Fees are fixed, 3% for large transactions and 5% for small transactions. This is higher than many since we are privacy oriented.
2. 30 minutes from moment you send funds to exchange until you receive the exchanged funds. Rates are fixed and do not change.
4. Minimum is around $5 USD and maximum for now is set to $5000 USD if wallet is full. Max will increase in future.
6. We are already on the pending list at kycnot.me but they take long time to review services Sad
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January 02, 2025, 09:26:47 AM
 #9

1. Fees are fixed, 3% for large transactions and 5% for small transactions. This is higher than many since we are privacy oriented.
A trusted competitor service I have used many times also charges a 5% fee for bitcoin to monero transactions so I can't really complain about that. You should state what you consider a small and what a large transaction, though.

What can you tell us about your reserves and holdings? I think your potential customers should have a way to check if you have the coins you claim you do in your possession.

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KYCNAH (OP)
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January 02, 2025, 10:26:33 AM
 #10

Contact section says that someone will respond to inquiries within 12-48 hours, that is an awfully long time for someone who very likely has a transaction issue which they need sorted out quickly.

Also, you claim to not support ethereum yet, but when I click the drop down option to send, I am offered the option to send Ethereum. Does this mean you can receive eth and swap that for either BTC or XMR?

We are not major exchange like Binance so we do not have full support team available 24/7 unfortunately.

Yes Ethereum was added recently the help section needs to be update thank you.
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January 02, 2025, 11:39:32 AM
 #11

There are many errors while I was trying the service:

- When I tried to update the balance with Ethereum, Bitcoin is automatically selected.
- There is no proof of balance or that you are sending coins from your balance.
- According to your legal data, you are registered in one of the countries, what is that country and registration number.
- How did you get the registration if you have a strict no log policy.

for those two situations, it would be better if you recalculated the exchange amount instead of issuing a refund.
In this case I would prefer a refund, it's the only thing I liked about the service.
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January 02, 2025, 08:50:46 PM
 #12

Something is not right with this exchange... design look very similar to another well known non-kyc exchange, maybe someone can check the code to see if that is correct or not.
I decided to try test exchange between bitcoin and monero, but it didn't work and I received this message:

Code:
Too many POST requests. Please wait 10 seconds.

Than I tested again with different amounts and I received another error message:

Code:
You can only request up to 16.13 xmr at this time. 

16.13 XMR at the moment is worth around 0.032 BTC or 3161 USD at the moment.


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January 02, 2025, 11:42:34 PM
Last edit: May 07, 2025, 03:29:23 PM by mprep
 #13

There are many errors while I was trying the service:

- When I tried to update the balance with Ethereum, Bitcoin is automatically selected.
- There is no proof of balance or that you are sending coins from your balance.
- According to your legal data, you are registered in one of the countries, what is that country and registration number.
- How did you get the registration if you have a strict no log policy.

for those two situations, it would be better if you recalculated the exchange amount instead of issuing a refund.
In this case I would prefer a refund, it's the only thing I liked about the service.

Hello hugeblack,
can you be more specific about the errors you're encountering? Checking the error logs there are no errors on our end. However we are experiencing heavy DDoS attacks on both our clearnet and onion domains so please be patient.

I see the issue when you try to update balance for preview. When you select Ethereum and want to see how much equivalent XMR the page has to reload due to no Javascript and when the page reloads it automatically changes the dropdown menu to default choice Bitcoin but the calculations are correct. Visually it looks like Bitcoin is selected when you check Ethereum price but I can guarantee its ETH and not BTC. You can verify by changing between Bitcoin and Ethereum and you will get different calculations.

Many user request no Javascript for security reason and this is the only solution because client-side cannot update automatically.

A proof of balance is currently being developed thank you.



Something is not right with this exchange... design look very similar to another well known non-kyc exchange, maybe someone can check the code to see if that is correct or not.
I decided to try test exchange between bitcoin and monero, but it didn't work and I received this message:

Code:
Too many POST requests. Please wait 10 seconds.

Than I tested again with different amounts and I received another error message:

Code:
You can only request up to 16.13 xmr at this time. 

16.13 XMR at the moment is worth around 0.032 BTC or 3161 USD at the moment.



Hello dkbit98 thank you for your inquiry. We see your attempted swaps but they are expired now and no funds have been sent to the addresses requested. If you feel this is an error please contact our support at https://kycnah.io/en/support/create/ with your swap ID and we'd be glad to help.

Based on the error logs there are no issues on our end. The "
Code:
Too many POST requests. Please wait 10 seconds.
" error is our rate-limiting system designed to prevent abuse and bot attacks which can overwhelm and crash our server. Users can only submit a swap once every 10 seconds.

When the wallets have low reserves the per transaction rate is reduced. We are working on a proof of balance as we speak to provide more transparency thank you.

[moderator's note: consecutive posts merged]
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January 12, 2025, 09:01:25 PM
 #14

Onion domain and your own wallets implementations, that's actually cool.

There are to many swap services that just an intermediates of the few liquidity providers.

I would consider using your exchange for non kyc swaps after you gain more online uptime. Time will show.

If you can add Grin support that would be great too.
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January 19, 2025, 09:17:47 AM
 #15

Onion domain and your own wallets implementations, that's actually cool.

There are to many swap services that just an intermediates of the few liquidity providers.

I would consider using your exchange for non kyc swaps after you gain more online uptime. Time will show.

If you can add Grin support that would be great too.

Agreed and thank you for input. We will look into Grin.
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January 25, 2025, 09:19:56 PM
 #16

If you can add Grin support that would be great too.
not to trash on grin, but the coin is dead right now.

with less than $10k in trading volume per day, i don't think any exchange will consider supporting it for obvious reasons.
heck, i wouldn't be surprised if it gets delisted from gate.io, where it has the highest volume.



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..100% WELCOME BONUS  NO KYC  UP TO 15% CASHBACK....PLAY NOW...
dkbit98
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January 28, 2025, 06:45:35 PM
 #17

Hello dkbit98 thank you for your inquiry. We see your attempted swaps but they are expired now and no funds have been sent to the addresses requested. If you feel this is an error please contact our support at https://kycnah.io/en/support/create/ with your swap ID and we'd be glad to help.
I was testing your exchange like I said, and after several failed attempts I finally managed to get pass all the error messages.
You should really think about adding Cancel button on the next step, because I didn't plan to complete exchange and send any transactions after everything I saw.

PS
Are this reserves showed on website correct?
XMR – 193.186278321956
And why there are no amounts for Bitcoin and eth reserves??




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January 31, 2025, 11:17:16 PM
 #18

Hello dkbit98 thank you for your inquiry. We see your attempted swaps but they are expired now and no funds have been sent to the addresses requested. If you feel this is an error please contact our support at https://kycnah.io/en/support/create/ with your swap ID and we'd be glad to help.
I was testing your exchange like I said, and after several failed attempts I finally managed to get pass all the error messages.
You should really think about adding Cancel button on the next step, because I didn't plan to complete exchange and send any transactions after everything I saw.

PS
Are this reserves showed on website correct?
XMR – 193.186278321956
And why there are no amounts for Bitcoin and eth reserves??

https://www.talkimg.com/images/2025/01/28/WW7Qv.jpeg



Hello dkbit98,
you say you encounter errors but our error logs show no errors. We have already over 100 exchanges on kycnah since launch and no error. Can you please describe the error you experience in detail so it can be fixed immediately? Thank you.

Bitcoin and ethereum do not need reserves because reserves are for wallets to pay out, usually as cold or warm wallets but since kycnah is only sending user Monero there is no need for bitcoin or ethereum reserves until we later add option to swap BTC and ETH. Thank you again for your concern.
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