{"id":8562,"date":"2026-10-08T13:03:05","date_gmt":"2026-10-08T13:03:05","guid":{"rendered":"https:\/\/swapzone.io\/blog\/?p=8562"},"modified":"2026-10-08T13:03:06","modified_gmt":"2026-10-08T13:03:06","slug":"aml-kyc-requirements-crypto-exchanges-compared","status":"publish","type":"post","link":"https:\/\/swapzone.io\/blog\/aml-kyc-requirements-crypto-exchanges-compared","title":{"rendered":"Comparing AML\/KYC Requirements Across Swapzone Partners"},"content":{"rendered":"\n

Swapzone users do not exchange assets directly with Swapzone. The exchanges are completed through the available exchange partners, and each partner applies its own anti-money laundering (AML), Know Your Customer (KYC), transaction-monitoring, and risk-management rules. As a result, the information a user may be asked to provide depends on the selected provider, as well as the information about what happens to a transaction under review.<\/p>\n\n\n\n

This research compares the published AML\/KYC requirements of 17 Swapzone partners: AlfaCash, BaltEx, ChangeHero, Changelly, ChangeNOW, Coincraddle, EasyBit, Exolix, FixedFloat, Godex, LetsExchange1<\/a><\/sup>, n.exchange, Quickex, SideShift.ai, SimpleSwap, StealthEX, and Swapter.<\/p>\n\n\n\n

About This Research<\/strong><\/h2>\n\n\n\n

The research focuses on practical questions and is based on the partners\u2019 published AML\/KYC policies, Terms of Use, Privacy Policies, risk disclosures, FAQs, and related compliance documents. The documents were reviewed in September 2026. As a result, a provider may implement additional operational controls that are not described in public documents.<\/p>\n\n\n\n

We distinguish three related processes.<\/p>\n\n\n\n

    \n
  • KYC<\/strong> identifies the customer. It can involve a government-issued ID, personal information, a selfie, or a liveness check.<\/li>\n\n\n\n
  • Transaction monitoring<\/strong>, sometimes described as Know Your Transaction or KYT, examines the crypto transaction itself. This includes the history of the sending wallet, exposure to sanctioned or illicit services, transaction patterns, and a risk score generated through blockchain analysis.<\/li>\n\n\n\n
  • Enhanced Due Diligence (EDD)<\/strong> is a deeper review used when a customer or transaction presents higher risk. EDD can go beyond identity verification and require proof of address, source of funds (SoF), source of wealth (SoW), wallet ownership, or other supporting evidence.<\/li>\n<\/ul>\n\n\n\n

    AML\/KYC Requirements At a Glance<\/h2>\n\n\n\n

    For many partners, the standard transaction does not start with full identity verification. Instead, the provider first looks at a transaction and customer risk. A suspicious wallet, sanctions exposure, unusual transaction pattern, high-risk jurisdiction, large transaction, or other risk signal can then move the transaction into additional review. The details of that escalation are different between providers. A service that does not require KYC before a normal exchange can potentially still monitor the transaction and request identity files later. <\/p>\n\n\n\n

    We separated partners into three groups.<\/p>\n\n\n\n

    \n
    \n AML\/KYC verification models<\/span>\n

    How 17 Swapzone partners decide when KYC applies<\/h3>\n

    Based on partners’ published AML\/KYC policies, reviewed September 2026<\/p>\n <\/div>\n\n

    \n Discretionary risk review<\/span>\n
    \n <\/span>\n <\/span>\n <\/span>\n \u2192<\/span>\n <\/div>\n Published numeric thresholds<\/span>\n <\/div>\n\n
    \n\n
    \n
    \n \n \n <\/path>\n <\/line>\n <\/circle>\n <\/svg>\n <\/span>\n 01<\/span>\n <\/div>\n
    KYC triggered by risk signals<\/div>\n

    Standard swaps proceed without ID. Verification starts only when a risk signal appears \u2014 suspicious wallet, high-risk jurisdiction, unusual pattern.<\/p>\n 8 partners<\/span>\n

    \n AlfaCash<\/span>\n BaltEx<\/span>\n ChangeNOW<\/span>\n Exolix<\/span>\n FixedFloat<\/span>\n SideShift.ai<\/span>\n SimpleSwap<\/span>\n Swapter<\/span>\n <\/div>\n <\/div>\n\n
    \n
    \n \n \n <\/line>\n <\/line>\n <\/line>\n <\/svg>\n <\/span>\n 02<\/span>\n <\/div>\n
    Risk-based, with predefined levels<\/div>\n

    KYC sits inside a formal due-diligence framework \u2014 low\/medium\/high risk tiers. Exact thresholds aren’t public, but escalation logic is described.<\/p>\n 5 partners<\/span>\n

    \n Changelly<\/span>\n EasyBit<\/span>\n Godex<\/span>\n n.exchange<\/span>\n LetsExchange<\/span>\n <\/div>\n <\/div>\n\n
    \n
    \n \n \n <\/circle>\n <\/circle>\n <\/circle>\n <\/svg>\n <\/span>\n 03<\/span>\n <\/div>\n
    Published numeric triggers<\/div>\n

    At least one concrete, disclosed threshold \u2014 a transaction amount or risk-score cutoff \u2014 is stated to trigger additional checks.<\/p>\n 4 partners<\/span>\n

    \n \n ChangeHero<\/span>\n \u20ac1,000+ transaction<\/span>\n <\/span>\n \n Coincraddle<\/span>\n Risk score >75%<\/span>\n <\/span>\n \n Quickex<\/span>\n Risk score >40%<\/span>\n <\/span>\n \n StealthEX<\/span>\n Multiple thresholds<\/span>\n <\/span>\n <\/div>\n <\/div>\n\n <\/div>\n\n
    \n Classification reflects each partner’s published AML\/KYC policy, not necessarily its full operational practice \u2013 providers may apply additional undisclosed controls.\n <\/div>\n<\/div>\n\n