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A no-KYC crypto exchange lets you swap one coin for another without creating an account or uploading ID, and CoinVast is one: pick a pair, send one payment, get your coins, with risk screening done before you send so funds are never frozen after.
KYC stands for know your customer. In practice it means a passport or driver’s license, a selfie, sometimes a utility bill, and a wait while someone (or some model) decides whether you are allowed to trade. A no-KYC crypto exchange skips all of it. No account, no documents, no verification queue. On CoinVast the entire interface is: pick a pair, paste an address, send a payment.
But you should know how the rest of the market uses these words, because it is the reason this page exists. Most instant swap services that advertise no KYC practice what the community calls shotgun KYC. They take your deposit first, run a chain-analysis score on it afterwards, and if the score comes back wrong your funds freeze while the document requests start. Public reports through 2025 and 2026 document holds running two and a half months and longer at ChangeNOW, a $5,500 swap at SimpleSwap that sat unresolved past 150 days, and freezes stretching four to six months at FixedFloat. The UK’s FCA even put out a public warning about SimpleSwap in March 2025 (it is not authorized there). “No KYC” that turns into “KYC when we feel like it” is just KYC with worse timing.
So when we say no KYC, we mean a specific, checkable order of operations. We screen the addresses on your order the moment you create it, before you send anything. When your deposit arrives, it is screened again before the exchange begins. Pass: the swap runs, and a completed swap is final, never clawed back. Fail: your coins go back to the refund address you gave at the start, automatically, minus only the network fee. No passport. No selfie. No compliance limbo. The freeze, as a mechanism, does not exist here, because there is no point in the flow where we hold your money while deciding what to ask of you.
Regulators set thresholds for businesses like ours, and different countries draw the line in different places. Here is how we handle that without breaking the promise above. Under the threshold, no identity documents, ever. As an order gets bigger, what scales up is scrutiny of the coins and addresses, not paperwork about you, and that scrutiny still happens before you send. And if an order is one we cannot take, for size or risk or anything else, we decline it up front. You keep your coins because they never left your wallet. What we will never do is accept your deposit and then start negotiating documents to give it back.
If an address on an order appears on a sanctions list, the order is rejected. That is the single exception to refund-always, because in some of those cases the law also restricts how, or whether, the funds can be returned. It exists because the alternative is us breaking the law. We would rather print that here than have anyone find out the hard way.
One last thing no KYC does not mean: invisible. We keep order records and transaction hashes, blockchains are public, and a valid legal order for records gets answered. If a service tells you it keeps nothing at all, remember that authorities pulled 8 terabytes of data out of eXch, a self-described no-logs exchange, when they seized it in April 2025. We would rather promise less and have it be true. The full promise, limits included, is on the trust page.
Both get you from coin A to coin B. The difference is everything that happens before, and what can go wrong in the middle.
| What happens | CoinVast | Big exchange (CEX) |
|---|---|---|
| Account needed | None. Paste an address and go. | Yes. Email, password, the works. |
| ID + selfie | Never. We screen addresses, not faces. | Required before your first trade. |
| Proof of address | Never. | Often, once limits rise. |
| Time to first swap | About a minute. | Minutes if checks pass. Days if you land in the queue. |
| Can funds freeze mid-swap | No. Screening runs before the exchange starts. Sanctions hits are rejected up front. | Yes. Accounts and withdrawals can lock pending review. |
| Monero available | ✓ Native XMR, in and out. | ✗ Widely delisted under compliance pressure. |
| Spread visibility | Printed on every quote: a flat 2% spread, locked at quote time, with the network fee on its own line. | Order-book price plus a fee schedule you look up yourself. |
“Big exchange” means the typical large custodial exchange. Policies differ between them and change often, so treat the right column as the common pattern, not a review of any one service.
136 coins across 86 networks at launch. The headline act is native Monero, not a wrapped stand-in, swappable in both directions. USDT lives where people actually use it: Tron, Ethereum and TON. USDC on Ethereum and Base. The meme corner is covered with SHIB, PEPE, BONK and WIF. The L2s too: Arbitrum, Optimism, Base. And the long tail bigger services treat as an afterthought, like Kaspa on its own network, Zcash and Dash.
Under the hood, we run our own nodes for Bitcoin, Litecoin, Bitcoin Cash and Dash, so deposits on those chains are verified on infrastructure we control. The rest ride established RPC providers while the node fleet grows. We would rather tell you that than imply a server room we do not have.
Minimums are small on purpose: 0.0002 BTC, 0.005 ETH, 0.05 XMR. Test us with lunch money before you trust us with more. On a service you found five minutes ago, that is just good sense.
Four steps, and the slowest one is your blockchain, not our paperwork, because there is none. Prefer doing over reading? The swap crypto without KYC guide has the live swap card embedded halfway down.
Choose what you send and what you receive from 136 coins. The quote shows the rate, our flat 2% spread and the network fee on its own line, all before you commit to anything. The rate locks the moment you create the order.
Your payout address, plus a refund address as the guaranteed way back. That is the entire form. There is no email field because we never need one.
Send the exact amount from a wallet you control, within the 30-minute window. Your deposit is screened before the exchange starts: pass and the swap runs, fail and the coins auto-return minus the network fee.
The order page tracks every stage with transaction hashes. Most swaps finish in 5 to 30 minutes. Bookmark the link, it is your receipt and your tracking page in one.
We built CoinVast because the swap-then-freeze pattern made us angry. But anger is not a reason to pretend big exchanges are useless. They are not. There are three jobs where a regulated giant is simply the right tool.
Buying crypto with money. Cards, bank transfers, salary in. That is fiat territory, it is regulated for real reasons, and we do not touch it. We are crypto-to-crypto only. If you hold zero coins today, you start somewhere else.
Moving serious size. A deep order book with limit orders will beat an instant quote on a six-figure trade. That is not us being modest. That is how liquidity works.
The extras. Regulated custody, insurance products, recurring buys, tax exports. Real features, done well at big exchanges, and not done here at all.
And that’s fine. We do one thing: turn coin A into coin B without asking who you are, screened before you send instead of frozen after. When that is the job, we want to be the obvious choice. When it is not, use the right tool and come back when it is.
In most places, yes. Swapping coins you already own is not a crime, and identity-check obligations sit on businesses, not on you as a user. Rules differ by country and keep changing, so know your own jurisdiction. And taxes do not vanish because nobody asked your name: a coin-to-coin swap is a taxable event in plenty of countries. Nothing here is legal advice. What we can tell you is our side of it: every order goes through sanctions and risk screening before it runs, so using CoinVast does not mean stepping outside the law. It means skipping the paperwork, not the rules.
Anti-money-laundering laws require regulated exchanges, especially ones touching fiat, to identify their customers. Instant swappers sit in a grayer zone, and many handle it the cheap way: accept your deposit, run a chain-analysis score on it afterwards, and freeze the funds if the score looks bad. Public reports name the usual triggers: amounts over roughly 2,000 euros, privacy coins, fresh wallets. The community calls this shotgun KYC, and it is the worst of both worlds: marketed as no-KYC, enforced as KYC-whenever-we-say. We think the ordering is the whole problem, so we flipped it. Screening happens before you send, not after we hold your money.
Honest answer: we do not publish one magic number, because the screening looks at address risk, not just a dollar figure. Every order is screened before you send, at any size. Under the threshold that applies to us, identity documents are never collected, full stop. As orders get bigger, what scales up is scrutiny of the coins and addresses involved, not paperwork about you, and that scrutiny still happens before anything moves. If an order is one we cannot take, for size or risk or anything else, we decline it up front and your coins never leave your wallet. What we will never do is accept a deposit and then start negotiating documents to give it back.
Standard server logs exist briefly, like on nearly every website. What we do not have is anything to attach them to: no accounts, no profiles, no tracking pixels, no third-party analytics. We keep order records, meaning pair, amounts, addresses and transaction hashes, because the service cannot run without them, and a valid legal order for those records would be answered. The full list of what we keep and for how long is on the privacy page. We would rather promise less and have it be true: when eXch was seized in 2025, authorities pulled 8 terabytes of data out of a service that claimed to keep no logs.
They are rejected. If an address tied to an order shows up on a sanctions list, the deposit fails screening and the swap never happens. This is also the one place where our auto-refund promise can hit a wall: the law sometimes restricts how, or whether, those specific funds can be returned, and the law wins. We would rather print that edge case here than surprise anyone later. For everyone else, a failed screening means an automatic refund minus the network fee, with no documents demanded.
No, and anyone who tells you otherwise is selling something. No-KYC means we never ask who you are. But most blockchains are public, your wallet has a history anyone can read, and we keep order records. So there is no identity attached to your swap on our side, while the chain still says whatever the chain says. If you want privacy at the protocol level, that is what Monero is for, and we support native XMR, in and out. Different tools, different jobs.
A DEX never holds your coins, which is a genuine win. But it lives on one chain at a time, needs a wallet connected to a website, charges gas on every trade, and going cross-chain means bridges. We are simpler and broader: send one payment, receive a different coin on a different network, no wallet connection, no gas math. The honest tradeoff is that we hold your deposit for the minutes the swap runs. We shrink that window with screening before the exchange and a refund address collected up front, so there is always a way back.
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 do documents. The order page shows the refund with its transaction hash, so you are never guessing where your coins went. The single exception is funds tied to sanctions-listed addresses, where the law can restrict the return.
Minimums are per coin and shown before you type anything: 0.0002 BTC, 0.005 ETH, 0.05 XMR, that scale. We do not publish a hard maximum. For big amounts the real limit 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. Large orders also get a harder screening look, still before you send. And since we launched in 2026, it is completely reasonable to start small with us. We would.
No. There is no field to type one into. Your order link is your receipt and your tracking page, so bookmark it or save it somewhere you will find it again. If something goes sideways and you want a human, email support and include that link. That is the one moment email enters the picture, and it is you choosing to use it, not us requiring it.
You should not trust it blindly, ours included. We are new and we know it, so the pitch is not trust us, it is check us. The no-freeze policy is written down on the trust page where we cannot quietly walk it back. The spread, a flat 2% locked when you create the order, is printed on every quote, so you can audit any rate against a price site in ten seconds. We run our own nodes for Bitcoin, Litecoin, Bitcoin Cash and Dash. And nothing stops you from doing a small test swap first. That is exactly how we would shop for a swap service we had never heard of.
Everything about CoinVast on this page (the spread, the screening order, refunds) is our own published policy, and the trust page is the binding version. Claims about other services come from public sources read in June 2026: their own policy pages, regulator notices such as the UK FCA’s March 2025 warning about SimpleSwap, community trackers like kycnot.me, review platforms, and news coverage of the April 2025 eXch seizure. If you spot something outdated, email [email protected] and we will fix it.
Spread printed on the quote · typical swap 5 to 30 minutes · refunds automatic