ShadowSwap : No-KYC/AML Exchange with Payouts from Clean Exchange Pools

[ShadoowSwaap]

ShadowSwap is a no-KYC, no-AML crypto exchange service built for people who actually care about privacy and don't want their financial history exposed to anyone.
We're just a tool — you send one coin, you get another. No traces left behind.

Key features:

No KYC — We don't ask for your passport, selfies, address, or any other personal data. To us, you're just a wallet address.

No AML checks — We don't care where your coins came from. If the transaction is confirmed on the blockchain, we process it. Period.

Transaction link breaking — Incoming and outgoing payments come from different liquidity pools. They're technically not connected to each other at all.

Data self-destructs — All exchange data is permanently wiped within 24 hours. We don't store IPs, logs, or any user info.

Non-custodial architecture — We work directly with our own wallets, not through third-party payment systems. No one can freeze your funds or block your exchange from the outside.

Tor support — For extra privacy, you can access us through Tor.

FAQ:

Does ShadowSwap require identity verification?

Nope. No verification whatsoever. We don't collect passport data, selfies, or address proofs. To us, you're just a wallet that wants to swap one coin for another. No KYC forms, no extra questions.

Do you run AML checks on coins?

We don't care about your coins' history or their AML scores. ShadowSwap works with any assets, regardless of where they came from. If the transaction is confirmed on-chain — we process it.

Can my exchange be blocked from the outside?

Technically impossible. We don't use centralized exchanges or third-party payment systems that could freeze funds. All transfers go directly to our own non-custodial wallets, which only we control. Nobody can interfere with or stop your transaction.

How anonymous is the exchange?

As anonymous as it gets. We don't ask for data, don't store IPs, don't keep logs. For full privacy, you can use Tor. Plus, we technically break the link between incoming and outgoing transactions — so there's no way to trace that the exchange even happened.

What happens to my data after the exchange?

It's auto-deleted. We don't keep transaction data longer than 24 hours — that's enough time to handle the exchange technically. After that, everything is permanently erased. No recovery, no future matching.

How clean is the crypto I get?

What you send and what you receive are completely separate transactions with no connection. We pay out from clean exchange liquidity pools, so you get crypto with zero AML risk.

What are your working hours?

Every day from 10:00 AM to 10:00 PM (UTC+3).

Support and website:

Website: https://shadowswap.top/en/

Support: Live chat on the site

[Darker45]

Another day, another Russian exchange offering services all over the world but with specific business hours.

Since you're claiming to "work directly with our own wallets", you must be able to provide proof of reserve. For BTC, you can cater up to 15.68BTC. That's more than a million USD. Is it possible you can show proofs that you have indeed such capacity?

Also, since you're supporting BTC to BTC swap, could your "Transaction link breaking" feature which accordingly means "Incoming and outgoing payments come from different liquidity pools" reliably serve as a mixer?

[albon]

What you send and what you receive are completely separate transactions with no connection. We pay out from clean exchange liquidity pools, so you get crypto with zero AML risk.

How is that possible? If you don't keep any records and don't check the source of incoming funds, then where does all this huge amount of clean liquidity come from to pay your users?
---------------------
Also, how do you claim that your exchange is fast and secure when your system even allows swaps of the same coin? What is the actual technical process behind these swaps? Where does the swap happen, and what actually happens in the background?

[FinneysTrueVision]

No KYC — We don't ask for your passport, selfies, address, or any other personal data. To us, you're just a wallet address.

That’s not really true. An email address is required to complete a swap. I don’t understand the purpose of this. If we want to know the status of our transaction we can just check a block explorer. If it’s to contact customers in case a refund is necessary, it would just be easier to ask for a refund address upfront like other instant exchanges.

For being privacy focused, I would be less likely to trust somewhere that has the potential for data harvesting. Even if it is just an email address, this is a common vector used in phishing scams.

[Pmalek]

It sounds good when you read about it, but the question is how will it perform in action. If you are only working with your own reserves, would you mind signing a message proving you control the +15 BTC that is currently the maximum exchange amount? You also claim to possess 558 ETH, 1 mil USDT per network, etc. Pretty bold claims.

Btw, you should fix the link in OP. This https://shadowswap.top/en/ takes us to an empty FAQ page. https://shadowswap.top/en goes to the homepage.

[hugeblack]

The name of the service and the description of the service are impressive, but when we visit the domain we find that it is a duplicate script with many errors and missing pages.

- There is no page explaining the terms of service or that no KYC is guaranteed.
- There is no guarantee that you have a reserve of 15 Bitcoin.

[Trêvoid]

https://shadowswap.top/en/order/29543366

Order has been submitted for processing. Processing will take 1 to 120 minutes. Upon completion, funds will be credited to the recipient's wallet.

Is the process manually execute?

Where is letter of guarantee for swaps?

I asked about security deposits a few days ago, and you replied.

"If the administrator is interested, they will get in touch with you."

are you aware that many people have been scammed due to newly launched exchange services because making fake-misleading claims.

[ShadoowSwaap]

Another day, another Russian exchange offering services all over the world but with specific business hours.

Since you're claiming to "work directly with our own wallets", you must be able to provide proof of reserve. For BTC, you can cater up to 15.68BTC. That's more than a million USD. Is it possible you can show proofs that you have indeed such capacity?

Also, since you're supporting BTC to BTC swap, could your "Transaction link breaking" feature which accordingly means "Incoming and outgoing payments come from different liquidity pools" reliably serve as a mixer?

We can exchange any amount, and this does not mean that we have to hold reserves in specific currencies; for this purpose, we hold reserve currencies which we use for conversion and payments to customers. We do not disclose our wallet addresses, as we make payments in pure cryptocurrency; if we were to disclose them, all anonymity would be compromised.

What you send and what you receive are completely separate transactions with no connection. We pay out from clean exchange liquidity pools, so you get crypto with zero AML risk.

How is that possible? If you don't keep any records and don't check the source of incoming funds, then where does all this huge amount of clean liquidity come from to pay your users?
---------------------
Also, how do you claim that your exchange is fast and secure when your system even allows swaps of the same coin? What is the actual technical process behind these swaps? Where does the swap happen, and what actually happens in the background?

https://www.talkimg.com/images/2026/07/23/UhkBXI.png

How our exchange works is a trade secret; the basic principle is simple: you send cryptocurrency from any source and receive cryptocurrency that is completely clean – in no way linked to the cryptocurrency you sent. How this happens is our business, not the customer’s.

No KYC — We don't ask for your passport, selfies, address, or any other personal data. To us, you're just a wallet address.

That’s not really true. An email address is required to complete a swap. I don’t understand the purpose of this. If we want to know the status of our transaction we can just check a block explorer. If it’s to contact customers in case a refund is necessary, it would just be easier to ask for a refund address upfront like other instant exchanges.

For being privacy focused, I would be less likely to trust somewhere that has the potential for data harvesting. Even if it is just an email address, this is a common vector used in phishing scams.

Your email address is required solely for warranty correspondence

It sounds good when you read about it, but the question is how will it perform in action. If you are only working with your own reserves, would you mind signing a message proving you control the +15 BTC that is currently the maximum exchange amount? You also claim to possess 558 ETH, 1 mil USDT per network, etc. Pretty bold claims.

Btw, you should fix the link in OP. This https://shadowswap.top/en/ takes us to an empty FAQ page. https://shadowswap.top/en goes to the homepage.

We can exchange any amount, and this does not mean that we have to hold reserves in specific currencies; for this purpose, we hold reserve currencies which we use for conversion and payments to customers. We do not disclose our wallet addresses, as we make payments in pure cryptocurrency; if we were to disclose them, all anonymity would be compromised.

The name of the service and the description of the service are impressive, but when we visit the domain we find that it is a duplicate script with many errors and missing pages.

- There is no page explaining the terms of service or that no KYC is guaranteed.
- There is no guarantee that you have a reserve of 15 Bitcoin.

What kind of errors are you referring to?
The website clearly states that there is no KYC/AML, and the rules are written in the simplest and most straightforward language to make it clear that there is no KYC/AML

https://shadowswap.top/en/order/29543366

Order has been submitted for processing. Processing will take 1 to 120 minutes. Upon completion, funds will be credited to the recipient's wallet.

Is the process manually execute?

Where is letter of guarantee for swaps?

I asked about security deposits a few days ago, and you replied.

"If the administrator is interested, they will get in touch with you."

are you aware that many people have been scammed due to newly launched exchange services because making fake-misleading claims.

The exchange is carried out entirely manually by an operator, as the nature of the exchange means it can only be done manually; payments are made from the exchange’s net pools, and it is technically impossible to automate this. Regarding your commercial proposal: if the administration has not yet contacted you, it means they were not interested in your proposal or will get in touch later. As for deposits, these will be made to popular platforms shortly.

As for the website you're suggesting for making a deposit, it's only been up for 12 days—how can there even be talk of a deposit on this site if it's only been around for 12 days?
https://kycnone.com/ Registered: 2026-07-12

[Trêvoid]

https://shadowswap.top/en/order/29543366

Order has been submitted for processing. Processing will take 1 to 120 minutes. Upon completion, funds will be credited to the recipient's wallet.

Is the process manually execute?

Where is letter of guarantee for swaps?

I asked about security deposits a few days ago, and you replied.

"If the administrator is interested, they will get in touch with you."

are you aware that many people have been scammed due to newly launched exchange services because making fake-misleading claims.

The exchange is carried out entirely manually by an operator, as the nature of the exchange means it can only be done manually; payments are made from the exchange’s net pools, and it is technically impossible to automate this. Regarding your commercial proposal: if the administration has not yet contacted you, it means they were not interested in your proposal or will get in touch later. As for deposits, these will be made to popular platforms shortly.

As for the website you're suggesting for making a deposit, it's only been up for 12 days—how can there even be talk of a deposit on this site if it's only been around for 12 days?
https://kycnone.com/ Registered: 2026-07-12

1- Deposit isn’t just for directory listings. We require a deposit so users can use your service smoothly without any issues. I hope your English proficiency is good enough for you to understand it.
2- Where is letter of guarantee for swaps?
3- Are you aware that many people have been scammed due to newly launched exchange services because making fake-misleading claims. Have you taken a moment to read the scam accusation thread?
4- You can also make deposits to other trusted users, it's not limited to me. As I mentioned, my difference is that, based on deposits, I allow my clients to use that service.
5- Show proof that your reserve?
6- Which liquidity provider you are using?
7- What warranty? my email address is required?

[Pmalek]

We can exchange any amount, and this does not mean that we have to hold reserves in specific currencies; for this purpose, we hold reserve currencies which we use for conversion and payments to customers. We do not disclose our wallet addresses, as we make payments in pure cryptocurrency; if we were to disclose them, all anonymity would be compromised.

Pretty words, promises, and a "trust me bro" mentality isn't going to work in this community. I can't speak for everyone, but I am sure that 9/10 people aren't going to trust you with a dime. It's up to you to convince users here that you have what it takes. Telling us that it's none of our business how you perform the swap operations and where your liquidity comes from isn't even close to enough. What I am trying to say is you need to do better.

[Darker45]

~snip~

We can exchange any amount, and this does not mean that we have to hold reserves in specific currencies; for this purpose, we hold reserve currencies which we use for conversion and payments to customers. We do not disclose our wallet addresses, as we make payments in pure cryptocurrency; if we were to disclose them, all anonymity would be compromised.

And now you're increasing it to "any amount". Those are big words. The more reason your potential customers, especially those with large transactions in mind, would want to get some kind of assurance. Surely, you don't just depend on the user's deposit for his/her own payout, or do you?

How exactly does disclosing a wallet address from which you send payments amount to "all anonymity would be compromised"? That's a public address, to begin with, right? Which means it's meant to be shared, or at least known?

[Trêvoid]

Since you claim to handle 'any amount,' will you provide a signed message from your cold wallet to prove you control the funds you claim to hold, or provide a third-party audit?

Since you are asking users to send funds first, can you provide a verifiable Letter of Guarantee and a cryptographic signature for the reserves you claim to hold? If not, how do you expect users to trust that the funds will be returned?

A letter of guarantee does not reveal your 'secret' process; it only confirms your ability to pay. If you cannot provide one, you are asking for blind trust.

Seems you appear to be highly evasive?

[hugeblack]

The website clearly states that there is no KYC/AML, and the rules are written in the simplest and most straightforward language to make it clear that there is no KYC/AML

If you think that a phrase like "exchange without KYC and AML" is sufficient, then you need to learn more. Without a page of terms of use and the user's acknowledgment that he has read them before depositing, all these phrases are useless.

[ShadoowSwaap]

https://shadowswap.top/en/order/29543366

Order has been submitted for processing. Processing will take 1 to 120 minutes. Upon completion, funds will be credited to the recipient's wallet.

Is the process manually execute?

Where is letter of guarantee for swaps?

I asked about security deposits a few days ago, and you replied.

"If the administrator is interested, they will get in touch with you."

are you aware that many people have been scammed due to newly launched exchange services because making fake-misleading claims.

The exchange is carried out entirely manually by an operator, as the nature of the exchange means it can only be done manually; payments are made from the exchange’s net pools, and it is technically impossible to automate this. Regarding your commercial proposal: if the administration has not yet contacted you, it means they were not interested in your proposal or will get in touch later. As for deposits, these will be made to popular platforms shortly.

As for the website you're suggesting for making a deposit, it's only been up for 12 days—how can there even be talk of a deposit on this site if it's only been around for 12 days?
https://kycnone.com/ Registered: 2026-07-12

1- Deposit isn’t just for directory listings. We require a deposit so users can use your service smoothly without any issues. I hope your English proficiency is good enough for you to understand it.
2- Where is letter of guarantee for swaps?
3- Are you aware that many people have been scammed due to newly launched exchange services because making fake-misleading claims. Have you taken a moment to read the scam accusation thread?
4- You can also make deposits to other trusted users, it's not limited to me. As I mentioned, my difference is that, based on deposits, I allow my clients to use that service.
5- Show proof that your reserve?
6- Which liquidity provider you are using?
7- What warranty? my email address is required?

We plan to make deposits on trusted platforms in the near future. The letter of guarantee is sent to the email address provided, and that same email needs to be entered during the exchange – you can use a temporary email or any email you like. We will not provide proof of reserves, as it would compromise anonymity, and we have already explained in the messages above that we do not store all currencies in reserve. Instead, we keep reserve funds in the currency used for conversion in order to pay out clients. We do not use liquidity providers; we simply exchange the intermediate currency on centralized exchanges such as Binance, Bybit, and others, and then pay out the client in the net currency from those exchanges. The client's transfer and the one they do not receive are completely unrelated.

We can exchange any amount, and this does not mean that we have to hold reserves in specific currencies; for this purpose, we hold reserve currencies which we use for conversion and payments to customers. We do not disclose our wallet addresses, as we make payments in pure cryptocurrency; if we were to disclose them, all anonymity would be compromised.

Pretty words, promises, and a "trust me bro" mentality isn't going to work in this community. I can't speak for everyone, but I am sure that 9/10 people aren't going to trust you with a dime. It's up to you to convince users here that you have what it takes. Telling us that it's none of our business how you perform the swap operations and where your liquidity comes from isn't even close to enough. What I am trying to say is you need to do better.

We are telling you that you send us cryptocurrency from any sources, and in return you receive absolutely clean cryptocurrency from a centralized exchange. What more do you want? For us to tell you where we then put the users' cryptocurrency? That is a trade secret. If everyone knew how to do this, then such exchange services wouldn't even be needed.

[/quote]

~snip~

We can exchange any amount, and this does not mean that we have to hold reserves in specific currencies; for this purpose, we hold reserve currencies which we use for conversion and payments to customers. We do not disclose our wallet addresses, as we make payments in pure cryptocurrency; if we were to disclose them, all anonymity would be compromised.

And now you're increasing it to "any amount". Those are big words. The more reason your potential customers, especially those with large transactions in mind, would want to get some kind of assurance. Surely, you don't just depend on the user's deposit for his/her own payout, or do you?

How exactly does disclosing a wallet address from which you send payments amount to "all anonymity would be compromised"? That's a public address, to begin with, right? Which means it's meant to be shared, or at least known?

We do not pay out from our own addresses. We pay out cryptocurrency directly from centralized exchanges, so the client receives absolutely clean cryptocurrency. And in that case, what address are we supposed to provide you with?

Since you claim to handle 'any amount,' will you provide a signed message from your cold wallet to prove you control the funds you claim to hold, or provide a third-party audit?

Since you are asking users to send funds first, can you provide a verifiable Letter of Guarantee and a cryptographic signature for the reserves you claim to hold? If not, how do you expect users to trust that the funds will be returned?

A letter of guarantee does not reveal your 'secret' process; it only confirms your ability to pay. If you cannot provide one, you are asking for blind trust.

Seems you appear to be highly evasive?

The letter of guarantee is sent to the email address.

The website clearly states that there is no KYC/AML, and the rules are written in the simplest and most straightforward language to make it clear that there is no KYC/AML

If you think that a phrase like "exchange without KYC and AML" is sufficient, then you need to learn more. Without a page of terms of use and the user's acknowledgment that he has read them before depositing, all these phrases are useless.

Our rules are absolutely simple and they are written on the website. You pay for the exchange, you receive the cryptocurrency. There can be no other outcome, regardless of where your cryptocurrency comes from, what browser you use for the exchange, and so on. There is only one rule: you pay for the exchange and you receive the cryptocurrency. No other outcome is possible.

[Trêvoid]

Our rules are absolutely simple and they are written on the website. You pay for the exchange, you receive the cryptocurrency. There can be no other outcome, regardless of where your cryptocurrency comes from, what browser you use for the exchange, and so on. There is only one rule: you pay for the exchange and you receive the cryptocurrency. No other outcome is possible.

We plan to make deposits on trusted platforms in the near future.

Evasive responses again! and "Trust me bro" approach.

so legitimate business would view a security deposit as a standard cost of establishing trust; refusing to do now or saying in near future implies you have no intention of holding yourself accountable.

your statement, "There can be no other outcome... there is only one rule: you pay... and you receive," is a classic high-pressure sales tactic. It ignores the reality of counterparty risk.

Also providing a "Letter of Guarantee" via email is meaningless. Emails can be spoofed or simply ignored by the operator if they decide to exit scam. It provides no legal or technical recourse for the user.

[ShadoowSwaap]

Our rules are absolutely simple and they are written on the website. You pay for the exchange, you receive the cryptocurrency. There can be no other outcome, regardless of where your cryptocurrency comes from, what browser you use for the exchange, and so on. There is only one rule: you pay for the exchange and you receive the cryptocurrency. No other outcome is possible.

We plan to make deposits on trusted platforms in the near future.

Evasive responses again! and "Trust me bro" approach.

so legitimate business would view a security deposit as a standard cost of establishing trust; refusing to do now or saying in near future implies you have no intention of holding yourself accountable.

your statement, "There can be no other outcome... there is only one rule: you pay... and you receive," is a classic high-pressure sales tactic. It ignores the reality of counterparty risk.

Also providing a "Letter of Guarantee" via email is meaningless. Emails can be spoofed or simply ignored by the operator if they decide to exit scam. It provides no legal or technical recourse for the user.

We are not refusing to make a security deposit; we will do it in the near future. Afterwards, we will announce on which platforms the security deposit has been made. You can also suggest well-known platforms where we can make a deposit for trust purposes. Please emphasize only well-known platforms that actually work and provide clients, such as WWH, DM, Exploit, and the like, or exchange aggregators (monitoring sites) that are active and have real clients.

What other outcome could there possibly be? I don't understand you. The client pays for the exchange and receives the cryptocurrency. There are no other rules, just this one single rule: pay for the exchange and then the exchange can be completed. That is why it is written this way in the rules—because there are no other options. We do not check the client's cryptocurrency for AML, we do not require KYC. What other rules should there be?

The letter of guarantee is sent automatically to the email address without any operator involvement—it arrives instantly and automatically.

[Z-tight]

We do not use liquidity providers; we simply exchange the intermediate currency on centralized exchanges such as Binance, Bybit, and others, and then pay out the client in the net currency from those exchanges. The client's transfer and the one they do not receive are completely unrelated.

So, if i understood you correctly, when users fund the deposit address you provide, you move the coins to a centralized exchange and there convert it into the destination coin, then fund the destination address? Sounds like quite the process for a supposed instant exchange, how long does a swap process take?

What happens if a centralized exchange blocks withdrawal of a particular coin and requests kyc, proof of funds, or whatever? You also said this in your op:

We don't use centralized exchanges or third-party payment systems that could freeze funds

However, any centralized exchange can confiscate funds.