CoinEx now requires identity verification (KYC) for all Monero (XMR), Zcash (ZEC), and Dash deposits and withdrawals, with no exceptions, according to the exchange's deposit and withdrawal policy (retrieved 2026-06-03). If you hold any of those three coins on CoinEx, you can no longer move them on or off the platform without submitting identity documents.
TL;DR: CoinEx now enforces KYC on every XMR, ZEC, and Dash deposit and withdrawal. If you want to keep swapping privacy coins without an account, a no-KYC swap service is the alternative.
What changed at CoinEx
The policy applies to three privacy-focused assets: Monero (XMR), Zcash (ZEC), and Dash. CoinEx now gates both directions — depositing these coins and withdrawing them both trigger an identity-verification requirement.
This is part of a broader pattern. Several centralised exchanges have tightened or removed privacy-coin support over the past two years. The practical effect is the same each time: users holding XMR, ZEC, or Dash on those platforms lose a low-friction way to move their coins.
If your privacy coins are still sitting on CoinEx, the change does not seize them. It means the next deposit or withdrawal of XMR, ZEC, or Dash will ask you to verify your identity before it processes.
What a no-KYC swap does instead
GhostSwap is a no-KYC crypto exchange. No account, no email, and no signup are required to swap. You pick a pair, give a receiving address, and send your deposit.
- Pick your pair — choose the coin you're sending and the coin you want, for example BTC to XMR or USDT to XMR.
- Enter your receiving address — the wallet where the converted coins should land. Add a refund address in case a swap can't complete.
- Send your deposit — send the exact amount shown to the deposit address.
- The engine converts — GhostSwap routes the swap using floating-rate pricing from aggregated liquidity across leading crypto markets.
- Receive your coins — the converted coins arrive at your address. Median completion time is about 8 minutes, varying with chain congestion.
GhostSwap is non-custodial: funds pass through and are never held. There is no balance to verify, because there is no account to hold one.
CoinEx privacy-coin policy vs. a no-KYC swap
| Feature | CoinEx (XMR / ZEC / Dash) | GhostSwap |
|---|---|---|
| Account / KYC | Required for these coins | No account, no KYC |
| Custody | Funds held by the exchange | Non-custodial pass-through |
| Coin support | Platform-specific | 1,600+ pairs |
| Pricing | Exchange order book | Floating-rate, aggregated liquidity |
| Typical timing | Varies | Median ~8 minutes |
The core difference is structural. A centralised exchange holds your coins and can apply identity requirements to deposits and withdrawals. A non-custodial swap routes coins through without holding them, so there is no account layer to verify.
How to move your privacy coins now
If you want to convert XMR, ZEC, or Dash — or swap into them — start at the GhostSwap swap widget on the homepage. Choose your pair, paste your receiving address, and send the deposit shown.
For Monero specifically, the BTC to XMR pair page covers the most common route. If you're new to moving coins without an account, the buy crypto guide walks through the basics. GhostSwap is not a registered financial service.
FAQ
Q: Does CoinEx require KYC for Monero, Zcash, and Dash?
A: Yes. As of 2026-06-03, CoinEx requires identity verification for all XMR, ZEC, and Dash deposits and withdrawals, per its policy (retrieved 2026-06-03).
Q: Can I swap Monero without an account?
A: Yes. GhostSwap is a no-KYC swap service — no account, no email, and no identity verification are required to swap. You supply a receiving address and a refund address.
Q: Who holds my coins during the swap?
A: No one. GhostSwap is non-custodial — funds pass through and are never held. The coins move from your deposit address to your receiving address through the routing engine.
Q: How long does a privacy-coin swap take?
A: Median completion time is about 8 minutes, though it varies with chain congestion. Pricing is floating-rate, drawn from aggregated liquidity across leading crypto markets.
Keep swapping without an account
If the CoinEx change locked you out of moving your privacy coins, you can swap XMR, ZEC, and Dash with no account at the GhostSwap swap widget.
