LandofCrypto.com: A No-KYC Instant Exchange Comparison

[Pmalek]

LandofCrypto.com compared several popular no KYC instant exchanges. This is interesting because all of them have advertised and can be found on Bitcointalk.
It's a good read. I suggest you take a look at the blog post here: No-KYC Instant Exchange Comparison: ETZ-Swap vs MoBit vs DEX.fo vs CCE.Cash vs Splash

They made an order on each of the five instant exchanges and reported their findings. The purpose of the test was not to rank the services from best to worst. It's just an example of what you can expect.

Here is a summary of the results. For more detailed information, please read the entire blog post:

Feature	|	ETZ-Swap	|	MoBit	|	DEX.fo	|	CCE.Cash	|	Splash	|
KYC	|	Never requested	|	Never requested	|	Never requested	|	Conditional. Possible KYC and POF	|	Never requested	|
AML/risk screening	|	Yes. May delay, refuse or refund	|	None	|	None	|	Yes. May delay	|	None	|
Liquidity model	|	Mixed	|	Own reserves	|	Mixed	|	Mixed	|	Own reserves	|
Advertised fee	|	2%+ (not disclosed)	|	1.5% fixed, 1% dynamic	|	About 0.8% float and 1.5% fixed	|	0.4% stables, 0.5% BTC/ETH/SOL, 0.8% XMR	|	0.5% float, 1% fixed	|
Effective cost	|	About 2.19% below CoinGecko at payout (BTC to USDT)	|	About 0.96% below market (BTC to USDT)	|	About 1.6% on $100 (USDT to BTC)	|	About 1.08% vs its own rate  (USDT to BTC)	|	About 0.39% above CoinGecko (BTC to DAI)	|
Tor	|	Yes	|	Yes	|	Yes	|	Clearnet only	|	Yes	|
No-JS	|	Not verified	|	Yes	|	Yes	|	No	|	Yes	|
Escrow	|	N/A	|	0.25 BTC, Bitcointalk	|	1 BTC, Exploit forum	|	OrangeFren Guarantee	|	Escrow by SFR10	|
Support	|	Contact form, email, live chat, SimpleX, Telegram	|	Email, Bitcointalk, Telegram bot	|	SimpleX, email, forums	|	Email, live chat	|	Contact form, Bitcointalk thread	|

Source: https://landofcrypto.com/no-kyc-instant-exchange-comparison/

[examplens]

The article deals with a direct comparison based on the analysis of executed orders on each exchange.
A lot of it is not exactly as the exchanges claim on their official websites. Something is just ignored or not mentioned.
None of them received a perfect score; 7.4 to 8 seem like more than good ratings.

This comparison table may be more complete, but it is the official data stated by the exchangers.

[Wiwo]

The article deals with a direct comparison based on the analysis of executed orders on each exchange.
A lot of it is not exactly as the exchanges claim on their official websites. Something is just ignored or not mentioned.
None of them received a perfect score; 7.4 to 8 seem like more than good ratings.

This comparison table may be more complete, but it is the official data stated by the exchangers.

Especially in situations where those review scores are influenced or paid for, third-party reviews are not always a good choice if you really want to get the best genuine reviews.

Exchanges have a lot of affiliate marketing the drive volumes of executed orders, but sometimes those orders don't represent actual realities as far as individual customer satisfaction is concerned.

[Pmalek]

The article deals with a direct comparison based on the analysis of executed orders on each exchange.
A lot of it is not exactly as the exchanges claim on their official websites. Something is just ignored or not mentioned.

I would take all claims by both exchanges and review sites (in this case, LandofCrypto) with a grain of salt. One example is the fees and costs, the advertised ones vs the effective fees observed by the reviewer. We know how volatile bitcoin and crypto is. BTC values can drop or rise within an hour rather quickly. It's difficult to calculate the exact amount you are supposed to receive with floating rates that change every 20-30 seconds for example. In some cases, LandofCrypto compared the costs with CoinGecko rates, so there are margin of errors there as well.

[examplens]

Especially in situations where those review scores are influenced or paid for, third-party reviews are not always a good choice if you really want to get the best genuine reviews.

Exchanges have a lot of affiliate marketing the drive volumes of executed orders, but sometimes those orders don't represent actual realities as far as individual customer satisfaction is concerned.

These are not paid reviews.

I would take all claims by both exchanges and review sites (in this case, LandofCrypto) with a grain of salt. One example is the fees and costs, the advertised ones vs the effective fees observed by the reviewer. We know how volatile bitcoin and crypto is. BTC values can drop or rise within an hour rather quickly. It's difficult to calculate the exact amount you are supposed to receive with floating rates that change every 20-30 seconds for example. In some cases, LandofCrypto compared the costs with CoinGecko rates, so there are margin of errors there as well.

There is a method for determining the moment of execution of the transaction, which is sufficient for determining the exact price at a certain moment. Thanks to blockchain technology for that.
Also, a good observation about the source used in the methodology for calculating the actual real price. CoinGecko and CMC have somehow taken the lead in this and most tools rely on their API.