SimpleSwap and GhostSwap are both crypto-to-crypto swap services that let you exchange one coin for another without opening a trading account. Both use a floating-rate model and route each swap to a receiving address you control. The practical differences come down to KYC policy at the account and swap level, custody model, and coin coverage.
TL;DR: GhostSwap is a no-KYC, non-custodial swap that needs no account, email, or ID — you supply a receiving address and funds pass through, never held. SimpleSwap markets no-registration swaps too, but reserves the right to request verification under its AML/KYC policy.
How the two services work
A swap service takes coin A from your wallet, converts it at the market rate when your deposit confirms, and sends coin B to the destination address you gave. Neither service is a place you "store" money — the coin moves through and out.
GhostSwap is non-custodial: funds pass through and are never held. There is no account to create because there is nothing to store. You provide a receiving address and a refund address, send your deposit, and the swapped coin lands in your wallet.
SimpleSwap describes a comparable no-registration flow on its site. It also publishes an AML/KYC policy under which it may request identity verification in certain cases (SimpleSwap AML/KYC policy, retrieved 2026-07-28). That is the core policy difference to weigh.
KYC and custody: the two things that actually differ
- KYC policy — GhostSwap requires no account, no email, and no identity verification to swap. SimpleSwap advertises swaps without registration but reserves the right to request verification under its AML/KYC policy (retrieved 2026-07-28).
- Custody — GhostSwap is non-custodial pass-through; funds are never held. SimpleSwap describes itself as non-custodial as well (retrieved 2026-07-28), routing swaps to your address rather than an internal balance.
- Pricing — Both use floating-rate pricing. Floating rate means the price locks at the moment your deposit confirms, not the moment you click — so the amount you receive can move within the quoted spread if a chain is congested.
If you want to swap without an account today, you can start at the GhostSwap swap widget or go straight to a common pair like BTC to XMR.
Side-by-side comparison
| Feature | GhostSwap | SimpleSwap |
|---|---|---|
| Account / KYC to swap | None required | No registration advertised; verification may be requested under AML/KYC policy (retrieved 2026-07-28) |
| Custody | Non-custodial pass-through; funds never held | Non-custodial (retrieved 2026-07-28) |
| Supported pairs | 1,600+ pairs live | Company advertises 1,500+ assets (retrieved 2026-07-28) |
| Pricing | Floating-rate from aggregated liquidity | Floating and fixed rate options (per site, retrieved 2026-07-28) |
| Typical completion | ~8 minutes (p50); up to ~30 min (p95) during congestion | Varies by chain |
When to use a no-account swap
Use a no-account swap when you already hold crypto in a self-custody wallet and want to convert it to another coin without moving through an exchange balance. You keep custody the whole time — the only funds at risk are the ones in flight during the swap itself.
GhostSwap supports 1,600+ pairs across BTC, ETH, XMR, SOL, and altcoin networks, with floating-rate pricing from aggregated liquidity from leading crypto markets. Most swaps settle in about 8 minutes, though a congested chain can push that toward 30. Start from the homepage swap widget, or if you're moving between the most-requested assets, the BTC to XMR pair page has the direct flow.
FAQ
Q: Does GhostSwap require KYC or an account?
A: No. GhostSwap requires no account, no email, and no identity verification to swap. You supply a receiving address and a refund address; funds pass through non-custodially and are never held by GhostSwap.
Q: Is SimpleSwap no-KYC?
A: SimpleSwap advertises swaps without registration, but its published AML/KYC policy states it may request identity verification in certain cases (retrieved 2026-07-28). Check its current policy before you swap.
Q: What is a SimpleSwap alternative that needs no account?
A: GhostSwap is a crypto-to-crypto swap that needs no account, no email, and no ID to swap. It is non-custodial — funds pass through and are never held — and supports 1,600+ pairs with floating-rate pricing.
Q: How long does a no-account swap take?
A: On GhostSwap, a typical swap completes in about 8 minutes (p50). During chain congestion it can take up to ~30 minutes (p95), because a floating rate locks when your deposit confirms, not when you click.
Ready to swap without an account
If you want a no-KYC, non-custodial swap, you can start from the GhostSwap homepage widget or pick a pair directly, such as BTC to XMR.
Compare the mechanics for yourself on the homepage swap widget.
