LetsExchange — no-KYC crypto swap review
LetsExchange is a non-custodial swap covering 5,000+ assets. the biggest asset list on the market (5,000+ coins, 300+ networks) with a cross-chain bridge. We flag its KYC level honestly so you can match it to the size and privacy you need.
Key facts
| Service type | Non-custodial swap service |
|---|---|
| Custody | non-custodial |
| Account required | No |
| KYC policy | KYC 1No-KYC (standard) — no account; provider KYC possible on flagged swaps |
| Rate mode | Fixed & floating |
| Fees | Built into the quoted rate (partner spread) |
| Avg swap time | ≈5–30 min (chain-dependent) |
| Supported coins | 5,000+ BTCETH |
| Networks | BTC, ETH, SOL, XMR, +300 networks |
| Minimum | ~$110 minimum |
| Maximum | Flagged swaps can be held/KYC'd by third-party providers |
| Founded | 2021 |
| Updated | 2026-06 |
LetsExchange is a non-custodial crypto swap service. Below: how it works, fees, supported assets and the privacy trade-offs — with its KYC level called out plainly.
About LetsExchange
LetsExchange lets you exchange one coin for another without an account — you pick the pair, paste your receiving address, send the deposit, and the service routes the trade and pays out on-chain. the biggest asset list on the market (5,000+ coins, 300+ networks) with a cross-chain bridge.
How a LetsExchange swap works
A swap runs wallet-to-wallet: LetsExchange generates a one-time deposit address, you send to it, and the output is broadcast to the address you supplied. Rate mode: Fixed & floating. Typical settlement: ≈5–30 min (chain-dependent).
Fees & rate model
Fees: Built into the quoted rate (partner spread). There is no separate account or withdrawal fee beyond the on-chain network cost on each leg — the quote you see already includes the service margin.
Privacy & custody model
Because there is no account, there is no identity database to leak: no checks for standard swaps, though very large amounts routed through partner liquidity can be held. The on-chain trail is limited to the two wallet addresses, which are public anyway, and LetsExchange stays non-custodial throughout.
Pros & cons
Pros
- Largest asset list on the market (5,000+ coins)
- 300+ networks + cross-chain bridge
- No signup for standard swaps
- Fixed & floating; card on/off-ramp
Cons
- Orders run through third-party providers that can freeze/KYC on flags
- Higher ~$110 minimum swap
- Floating (market) rate can move ±5% on execution
FAQ
Does LetsExchange require KYC?
For standard swaps, no checks for standard swaps, though very large amounts routed through partner liquidity can be held. LetsExchange is non-custodial, so there is no account held in your name and no identity database behind a login.
Is LetsExchange custodial?
No — LetsExchange is non-custodial. You swap wallet-to-wallet; the service only routes the trade and never holds a long-term balance for you.
How fast is a LetsExchange swap?
Typically ≈5–30 min (chain-dependent). Bitcoin can be slower at busy times; faster chains like TRON or Solana usually clear in minutes. Fixed-rate orders lock the rate; floating orders settle at the arrival rate.