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Here is how most people meet FixedFloat. A Reddit thread at 1 AM, someone says “FixedFloat. Lightning fast. No KYC. Done in two minutes.” Sounds perfect. Then three comments down there is a person who has not seen their 300 XMR for almost 50 days. Welcome to the world of “no KYC” exchanges, where two words can mean very different things depending on who is saying them.
FixedFloat and CoinVast promise the same basic deal: swap your crypto, no account, no identity check. And for most people, most of the time, both deliver. But what separates a good swap service from a “please give me my money back” nightmare is not what happens when everything goes right. It is what happens when something gets flagged. FixedFloat checks after your coins arrive. We check before you send.
The one-sentence verdict: pick FixedFloat for Lightning swaps and a longer coin list; pick CoinVast when you want a swap that, by design, cannot be frozen mid-flow, with the spread printed on the quote.
✓ and ✗ mark what’s better or worse for you, not a feature checklist. Every FixedFloat cell traces to its own published pages, public complaint logs, or our June 2026 research sweep; the URLs are in the Sources section.
| Feature | FixedFloat | CoinVast |
|---|---|---|
| Accounts and KYC | ||
| Sign-up required | ✓ No, swaps run without an account | ✓ No, and there is no account to create |
| Documents at any point | ✗ Can be demanded on flagged swaps: full ID plus source-of-funds | ✓ Never requested, pre-send screening replaces them |
| kycnot.me classification | ✗ KYC Level 3, may request KYC during risk checks | Not yet listed (launched 2026) |
| How the KYC process goes when triggered | ✗ Described by kycnot.me as particularly difficult, with repeated document requests | ✓ There is no KYC process to trigger |
| If you refuse verification | ✗ Funds stay held while the compliance review continues | ✓ Nothing to refuse, the verification step does not exist |
| What happens to a flagged deposit | ||
| When screening happens | ✗ After your coins arrive | ✓ Before the exchange starts |
| Flagged outcome | ✗ Swap halted, funds held, KYC and source-of-funds demanded | ✓ The swap never starts; coins auto-return minus the network fee |
| Possible limbo state | ✗ Yes; public reports describe holds of 2 to 6+ months | ✓ None. Pass or refund are the only two outcomes |
| Completed swaps | ✓ Final in practice once paid out | ✓ Final by written policy, never clawed back |
| Sanctions-list match | Held under AML law | Held and reported, the single stated exception to auto-refund |
| Rates and fees transparency | ||
| Rate model | ✓ 0.5% floating service fee, or 1.0% fixed, plus network fee | ✓ One flat 2% spread, locked when you create the swap |
| Rate lock | ✓ Fixed rate locks for 10 minutes, re-quoted if the market moves over 1.2% | ✓ Locked at quote time, no re-quote clause |
| Network fee | ✓ Shown separately | ✓ Its own line, shown in the payout coin |
| Rate sourcing | Base rate comes from its pricing sources and may include a spread to market that is not fully detailed | The printed spread plus the network fee, checkable against any price index |
| Coins and networks | ||
| Assets listed | ✓ Roughly 100 coins | ✗ 136 coins on 20+ networks, every pair live |
| Bitcoin Lightning Network | ✓ Yes, fully supported and central to the brand | ✗ Not currently supported |
| Privacy coins | ✓ XMR and others, screened after deposit | ✓ XMR, ZEC and DASH, screened before you send |
| Buy crypto with fiat | ✗ No | ✗ No, crypto to crypto only, on purpose |
| Own blockchain nodes | Runs its own liquidity; node infrastructure not publicly disclosed | ✓ Self-hosted BTC, LTC, BCH and DASH nodes |
| Speed | ||
| Happy-path swap | ✓ Minutes; Lightning swaps are near instant | ✓ 5 to 30 minutes, depending on the deposit chain |
| Worst documented case | ✗ Roughly six months inside a compliance hold, per kycnot.me user reports | ✓ A refund, minus the network fee |
| Trust signals | ||
| Operating since | ✓ Years before 2026; the exact founding year is not published | ✗ 2026. We are the new kid and we know it |
| Trustpilot | Around 4 stars across 2,200+ reviews as of June 2026; negatives cluster on holds | No reviews yet, and we will not invent any |
| kycnot.me score | ✗ 4/10, with 30 user ratings averaging 3.2 out of 5 | Not yet listed |
| Answers complaints in public | ✓ Replies to Trustpilot complaints with a standard policy statement | ✓ A human answers at [email protected] |
| US users | ✗ Explicitly not available to US citizens, per its own terms | Check the terms of service for your jurisdiction |
First, the fair framing. FixedFloat is almost certainly not a scam. It processes thousands of legitimate swaps, holds around 4 stars on Trustpilot, and responds to complaints in public. Most swaps complete in minutes. What follows is the documented record of one specific failure mode, the post-deposit compliance hold. The pattern, pieced together from kycnot.me reports, Trustpilot reviews, BestChange complaints and FixedFloat’s own replies, goes like this: you send, their automated AML system scans the deposit, a flag stops the swap, and the compliance team asks for KYC and source-of-funds documents. Then it asks for more. Here are four cases from the public record.
A kycnot.me user report reads: “I thought they scammed me, but then 2 MONTHS later, they finally released my funds without further explanation.” Two months. Without explanation. For a service that advertises instant swaps. The funds did come back, which matters. But the user spent those two months unable to find out why they were taken in the first place. kycnot.me/service/fixedfloat, read June 13, 2026.
Another kycnot.me user wrote: “My funds were frozen six months ago and I still haven’t been able to recover them.” A separate report on the same listing describes funds frozen in August and refunded roughly six months later. That is an entire season of waiting. These are one-sided accounts and we treat them as allegations, not verdicts. But they appear on multiple independent platforms, and the same listing scores FixedFloat 4 out of 10 with the KYC process described as “particularly difficult, with repeated document requests.” kycnot.me/service/fixedfloat, read June 13, 2026.
In February 2026, a BestChange user reported 300 XMR, not a trivial amount, held for almost 50 days and still under review at the time of posting. The case was being monitored by BestChange’s administration, which tells you the complaint was serious enough to escalate. And FixedFloat’s own X account has publicly acknowledged freezing 112 ETH in a case involving suspected theft, asking the user to make contact. Stopping stolen funds is a good thing. But if it is your 112 ETH and you are not a thief, you are now proving a negative to a compliance team you cannot meet. bestchange.com and x.com/fixedfloat, read June 13, 2026.
To be fair, FixedFloat consistently responds to complaints on Trustpilot. Its standard reply: “We never freeze user funds without reason. If clearly fraudulent or stolen funds are sent to our addresses, we have the right to request information about the source of the funds. If the user has provided all the evidence that he is not involved in a crime, we unfreeze the funds and carry out an exchange or return the funds.” That sounds reasonable in the abstract. In practice, “all the evidence” is doing enormous work in that sentence. Who decides when enough is enough? How long can it take? The public reports put the answer between weeks and many months. trustpilot.com/review/fixedfloat.com, read June 13, 2026.
Our own fine print, stated just as plainly: CoinVast screens every deposit before the exchange starts. Pass means the swap runs and is final. Fail means it never starts and your coins auto-return, no documents. The one exception is a government sanctions-list match, which the law requires us to hold and report. We print that exception everywhere, including here, because a no-freeze promise without it would be a lie.
If you have ever waited 30 minutes for a Bitcoin confirmation just to find out your swap is still “processing,” you understand why Lightning matters. FixedFloat supports Lightning swaps, meaning you can send BTC over Lightning and receive another coin almost instantly. Its brand literally leads with “lightning fast,” and here the marketing matches reality. CoinVast does not support Lightning. Full stop, no asterisks, no “coming soon” copout.
FixedFloat lists roughly 100 cryptocurrencies against our 136. Most people swap the big ones, BTC, ETH, USDT, USDC, LTC, XMR, SOL, and both platforms cover those fine. But if you need to swap some token you bought on a feeling on a Wednesday afternoon, FixedFloat is more likely to have it. The gap is structural: their liquidity system covers more pairs, while we run our own nodes and infrastructure for everything we list, which means fewer coins but tighter control over each one.
FixedFloat has over 2,200 Trustpilot reviews averaging around 4 stars. That is a lot of people who swapped and everything went fine, and many of those reviews praise exactly what you would expect: fast swaps, simple interface, competitive rates. CoinVast launched in 2026 and has no comparable body of public feedback yet. Anyone who tells you track record does not matter is selling you something.
Both services keep things minimal: no dashboard, no portfolio, no “connect your wallet for premium features.” You show up, enter amounts, paste addresses, swap. But FixedFloat has had years to iterate, and reviewers consistently call its interface one of the cleanest in the niche. We aim for the same directness; they have had longer to sand the edges.
On FixedFloat, there exists a state where your money has left your wallet, has not arrived at its destination, and a compliance team you have never met is deciding whether you are suspicious enough to investigate. On CoinVast, that state does not exist. Cannot exist. The architecture does not allow it. We run the compliance check before you send anything: pass and the swap completes, final; fail and you get an automatic refund minus the network fee. What are the odds of being flagged on FixedFloat? For most people, probably low. But automated AML systems flag false positives, coins that passed through a mixer three owners ago, amounts that hit thresholds nobody discloses. And when you are the false positive, the probability does not comfort you.
FixedFloat charges 0.5% floating and 1.0% fixed; we charge a single flat 2% spread, locked the moment you create the swap. Both show the network fee separately. FixedFloat’s headline number is lower, so this is not us claiming to be the cheaper option. What we sell instead is certainty: one rate, no floating-versus-fixed decision, printed on every quote with no ambiguity, so you can check the math against any price index in ten seconds. Independent comparisons note that FixedFloat’s base rate “comes from their pricing sources and may include a spread to market” that is not fully detailed on its site. Is that a big deal? For many swaps, no. But “a lower headline rate you have to take partly on trust” and “a flat rate you can see in full every time” are two different levels of confidence.
Both services say “no KYC.” One of them means no KYC, full stop. The other means no KYC unless its system flags you, in which case kycnot.me describes the document process as “particularly difficult, with repeated document requests and sometimes no apparent satisfaction even after extensive submission.” That is why FixedFloat carries a 4 out of 10 privacy score and a KYC Level 3 classification there. CoinVast has no account, no email, no source-of-funds requests, and no mechanism to demand documents, because nothing is exchanged before screening finishes. The single exception is a sanctions-list match, which binds every financial service on the planet.
CoinVast runs its own full nodes for BTC, LTC, BCH and DASH, so deposits on those chains are verified on infrastructure we control rather than a third party’s API. FixedFloat says it runs its own liquidity, which is genuinely better than routing through 20+ providers, but it does not publicly disclose whether its nodes are self-hosted. Running your own liquidity and running your own nodes are related but different things, and the gap matters if infrastructure independence is something you care about.
FixedFloat’s fixed rate locks for 10 minutes, and if the market moves more than 1.2% before your transaction hits the mempool, you may be asked to accept a refund or continue at the current market rate. That is not a fee, exactly, but it is a condition that can change your outcome on the exact swaps where you wanted certainty. Our pricing is a single flat 2% spread, locked when you create the swap, with no re-quote clause: the rate you see is the rate you get.
Four steps, no onboarding. Start with a small amount, that is what we would do with a service we had just met.
Choose what you send and what you receive. The rate, the printed spread, and the network fee are on the card before you commit to anything.
Payout address plus a refund address. Screening runs at order creation, so the decision about your swap is made before a single coin moves.
From any wallet, to the deposit address on your order page. No account, no email, nothing to verify.
Most swaps complete in 5 to 30 minutes depending on the chain. Every step shows on the order page with transaction hashes. Bookmark the link, it is your receipt.
No. CoinVast and FixedFloat are completely separate, unrelated services. Both are no-account crypto-to-crypto swap platforms, but they were built by different teams with different architectures and different approaches to compliance. The key difference is that CoinVast pre-screens your deposit before you send, while FixedFloat screens after you have already sent your coins.
For most swaps, no. You can create and complete a swap on FixedFloat without providing any identity documents. However, kycnot.me classifies FixedFloat as KYC Level 3, meaning they can and do request KYC during risk checks. If their automated AML system flags your incoming deposit, you may be asked for full identification and source-of-funds documentation. The privacy site describes this process as particularly difficult, with repeated document requests.
No. CoinVast has no account system, collects no email, and never requests identity documents. The pre-send screening model means flagged transactions are automatically refunded, not investigated. There is no mechanism for requesting KYC because there is no user profile to attach documents to. The only exception, required by law, is a direct match on a government sanctions list.
Yes, and this has been publicly documented on multiple platforms. FixedFloat screens incoming deposits after you have sent them, and flagged transactions can be held while its compliance team investigates. Public user reports describe holds lasting from 2 months to 6 or more months. A February 2026 BestChange report described 300 XMR held for almost 50 days with no resolution at the time of posting.
No. CoinVast's architecture screens deposits before you send, so there is no scenario where your funds are being held in a compliance review queue. If screening passes, the swap completes and is final. If screening fails, you receive an automatic refund minus the network fee. The only legal exception is a sanctions-list match, which we must hold and report.
On the headline number, FixedFloat is lower: it charges 0.5% on floating rate swaps and 1.0% on fixed rate swaps, while CoinVast charges a single flat 2% spread, fixed the moment you create the swap. Both show network fees separately. What CoinVast trades that gap for is certainty and auditability: there is no floating-versus-fixed choice to weigh, the rate you see is the rate you get, and the 2% is printed on every quote so you can check it against any price index in seconds. FixedFloat's base rate, by contrast, comes from its pricing sources and may include a spread to market that independent comparisons note is not fully detailed on its public site. So FixedFloat usually wins on raw cost; CoinVast wins on knowing exactly what you pay and when the rate locks.
Yes. FixedFloat supports Bitcoin Lightning Network swaps and has built a significant part of its brand around fast Lightning-based exchanges. If you need to send or receive BTC via Lightning as part of a swap, FixedFloat offers this. CoinVast does not currently support Lightning Network.
CoinVast supports 136 coins on 20+ networks. FixedFloat supports approximately 100 coins. FixedFloat wins on raw coin selection by a wide margin. However, if you are swapping mainstream assets (BTC, ETH, LTC, XMR, USDT, USDC, and similar), both platforms have you covered.
FixedFloat has a privacy score of 4 out of 10 on kycnot.me, with 30 user ratings averaging 3.2 out of 5. The site classifies FixedFloat as KYC Level 3 and notes it may request KYC during risk checks. CoinVast is not yet rated on kycnot.me since it launched in 2026.
Based on publicly available reports, at least six months. A kycnot.me user reported funds frozen and still unrecovered after six months. Another report described funds frozen in August and refunded approximately six months later. These are individual reports, not a statistical sample, but they appear on multiple independent platforms: kycnot.me, BestChange, and Trustpilot.
Every external claim on this page traces to one of the pages below, all read on June 13, 2026, or to our June 2026 research sweep where noted in the text. All user complaints quoted are direct quotes or close paraphrases from publicly posted reviews. If a fact changes, tell us at [email protected] and we will fix the page.
The spread is on the quote and the decision is made before your coins move. Test it with a small swap.
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