A Binance alternative with no KYC
For people who like the coins, not the paperwork.

In most places, yes. KYC obligations sit on businesses, not on you as a customer, and choosing a service that does not require an account is no more illegal than paying cash at a shop that does not ask your name. Swapping coins you already own is not a crime. Two honest caveats. Rules differ by country and keep moving, so know your own jurisdiction. And taxes do not disappear because nobody asked for your passport: a coin-to-coin swap is a taxable event in plenty of countries, and that is between you and your tax office. On our side, every order goes through sanctions and risk screening before it runs. Skipping the paperwork is not the same as skipping the law, and we built the service so you never have to choose between the two.

Any custodial exchange can, and the terms you accept at signup generally say so: accounts and withdrawals can be locked pending review. How often that happens at Binance specifically, we honestly do not know, because nobody publishes those numbers and we will not invent them. What our research does document is the wider pattern. California's financial regulator, the DFPI, lists frozen funds and withdrawal delays among the top crypto complaint categories it receives. And the loudest individual cases in our notes come from instant swap services: holds running past two and a half months at ChangeNOW, a $5,500 SimpleSwap order still unresolved after more than 150 days, freezes stretching four to six months at FixedFloat through 2025. The mechanism is the same anywhere your coins sit in someone else's wallet while a risk model makes up its mind. Our answer to it is structural: screening happens before you send, so there is no point in the flow where we hold your money while deciding what to ask of you.

Compliance pressure, mostly. Monero hides amounts and counterparties at the protocol level, which is the entire point of Monero and the entire problem for a custodial exchange. Chain-analysis tools cannot score what they cannot see, regulators lean on platforms that touch fiat, and delisting is the cheap way out. So most large exchanges, Binance among them, no longer carry XMR, and our research notes the same pattern at instant swappers: ChangeNOW restricted it, SimpleSwap's support for it is unstable and region-dependent. The result is that the privacy crowd migrated to the handful of services that still take Monero seriously. We are one of them: native XMR, not a wrapped stand-in, swappable in and out. If Monero is your reason for leaving Binance, you do not need an alternative exchange so much as a different kind of service entirely.

For trading and fiat, honestly, no. We have no order book, no charts, no margin, no card deposits, no way to turn your salary into sats. If you trade actively or move serious size, a deep order book with limit orders will beat an instant quote, and that is just how liquidity works. For swapping, yes. If the job is turning coin A into coin B without an account, we do that one job with less friction than Binance can structurally offer: no signup, no documents, screening before you send, spread printed on the quote, done in 5 to 30 minutes. Think of it less as a replacement and more as the right tool for a different job. Plenty of people will use both, and that is fine with us.

Minimums are per coin and shown before you type anything: 0.0002 BTC, 0.005 ETH, 0.05 XMR, that scale. Small on purpose, so you can test us with lunch money before trusting us with more. We do not publish a hard maximum. For big amounts the real ceiling is live liquidity, and the quote is the honest answer: if we can fill it, the number on the card is real, and if we cannot, you find out before you send rather than after. Larger orders get a harder screening look at the addresses involved, still before anything moves, and never paperwork about you. One more honest note: we launched in 2026, so starting small with us is not paranoia, it is good sense. We would do the same.

For an active trader, Binance is cheaper per trade, full stop. Spot fees there run around a tenth of a percent before discounts, and no instant swapper beats that on raw rate. Our pricing is a 0.5% spread on floating rates or 1.0% on fixed, printed on every quote, with the network fee as its own line at cost. So why would anyone pay more? Because a single swap on a trading platform is never just the trading fee. It is signup, KYC, a deposit wait, possibly two trades through a quote currency, a withdrawal fee, and your documents living on one more server. For one conversion, that overhead often costs more than our spread, in time if not in money. For a hundred conversions, it does not, and Binance wins. We would rather you do that math with real numbers than discover it later, which is why the spread is on the quote and not in a help-center footnote.

No and no. There is no email field anywhere in the flow, and the site is just a website. Your order link is your receipt and your tracking page, so bookmark it or save it somewhere you will find it again. The swap history you see under My swaps lives in your own browser's storage, not on our servers, which is also why it will not follow you to another device. If something goes sideways and you want a human, email info@coinvast.io and include your order link. That is the one moment email enters the picture, and it is you choosing to use it, not us requiring it.

It comes back automatically, to the refund address you gave when you created the order, minus only the network fee to send it. Nobody emails you asking for a passport, a selfie or a bank statement, because we do not collect documents, under the threshold that applies to us, ever. The order page shows the refund with its transaction hash, so you are never guessing where your coins went. There is one exception, and we print it everywhere rather than hide it: addresses on sanctions lists are rejected, and in those cases the law can restrict how, or whether, funds are returned. That is the single hard no in the whole service. For everyone else, fail means refund, not negotiation.

More often than you might think. When you want Monero, which Binance does not list. When you want a swap that is not attached to your account history and trading profile. When a withdrawal review would be slower than the swap itself, and the coins need to move now. When you are helping someone who has no account and no appetite for creating one. Or when it is 2 a.m., the conversion is small, and logging in, passing a security check and whitelisting a withdrawal address feels like a lot of ceremony for moving $80 of SOL into XMR. Keep the Binance account for trading and fiat. Use us when the job is one clean swap, no questions asked, and screening done before you send.