SwapSS vs LetsExchange
LetsExchange sells breadth — thousands of assets, millions of pairs — and its front page promises "No funds blocking". Its own documents qualify both halves: the KYC/AML policy says flagged funds are frozen by third-party partners who then file a report, and the terms state that LetsExchange "does not perform currency exchange operations, does not hold wallets, and does not accept or process funds", with total liability capped at USD 100. SwapSS quotes, executes and pays out the same order, screens the funds rather than the person, and returns a deposit it cannot clear to a sender-controlled address. Every claim below is dated and links to their own pages.
Are SwapSS and LetsExchange the same kind of service?
SwapSS
A crypto-to-crypto exchange. One order from end to end: the quote you accept, the deposit address you send to, and the payout, all owned by the service you are talking to. No account, no wallet connection.
LetsExchange
A very wide swap catalogue with a strong partner business — API, widget, Telegram mini app, white label. Its terms describe its own role plainly: exchanges "are processed and executed by the Third Party Providers only", and LetsExchange itself neither holds wallets nor processes funds.
Live right now on SwapSS
- 1 BTC ≈ 177.695 XMR from 0.0001 BTC
- 1 XMR ≈ 0.00550894 BTC from 0.228529 XMR
Indicative numbers from the same endpoints the exchange runs on, refreshed as you read this. Monero is quoted here in both directions, and the amount you accept is the amount that arrives.
Side by side, with sources
| SwapSS | LetsExchange | |
|---|---|---|
| Who runs the exchange | One service owns the whole order: the quote you accept, the deposit address you send to, and the payout. | Their terms draw the line themselves. ToU §2.14: "LetsExchange does not perform currency exchange operations, does not hold wallets, and does not accept or process funds" and "bears no responsibility for the execution, failure, or outcome of any exchange operation". §1.3.2 adds that "we do not ourselves exchange directly virtual currencies". checked 2026-08-15 |
| How a swap starts | Send from any wallet to the deposit address shown with its network and amount. No account, no wallet connection. | The same front door, and this row is a genuine tie: "We don't require you to complete a registration or verification process" (their FAQ), then a deposit address in the widget. checked 2026-08-15 |
| Identity checks | Screening applies to the funds, not the person: no account, and a deposit that cannot be cleared is returned to a sender-controlled address. The policy is a public page. | KYC/AML §2(i): "the Company may at its sole discretion, at any time, conduct KYC verification of the users"; §2(ii) adds that it may do so "in response to requests made by such third-party partners". §3.2 lists government-issued identification, proof of address and source-of-funds documentation. checked 2026-08-15 |
| What happens on a flag | A deposit that cannot be cleared goes back to an address the sender controls, and the rule is published before you send rather than discovered after a hold. | Homepage: "No funds blocking." KYC/AML §3.1.2: on suspicious information the data is passed to third-party partners, "who in turn freeze the funds and file a SAR". §5.5 lets those partners "suspend, terminate or freeze your exchange transactions for any period of time". checked 2026-08-15 |
| Monero and privacy assets | XMR is live in both directions and quoted on this page; the numbers above come from the same endpoints the exchange runs on. | They publish BTC and XMR pair pages, while KYC/AML §5.4 lists "Customers requesting an exchange of untraceable cryptocurrencies" among the patterns their partners monitor as suspicious. ToU §2.12 treats shielded-address transfers of dual-nature coins as funds that "are considered irretrievably lost", with Monero "may be accepted subject to the Third Party Provider's policy". checked 2026-08-15 |
| Cost shape | The quote you accept is the amount you receive; the service margin is already inside it. Compare it against anyone before sending anything. | Four charges named without a number: "the commission of both blockchains, the liquidity provider's commission, the AML verification commission, and the LetsExchange commission" (their FAQ) — while their own BTC to XMR page says the service works "without fees for the swap". The only percentage published on the site is what partners earn: "The basic affiliate fee is 0.2% of the exchange amount." checked 2026-08-15 |
| Company, liability and who may use it | An exchange team that publishes verifiable proof of how it operates instead of a marketing deck — see the proof page. | The contract is with "CryptoLightHouse Ltd., a company incorporated and acting under the laws of the Republic of Seychelles". ToU §7.2 caps total liability at "USD 100 (one hundred US dollars)", and §8.1 requires you to declare that you are not a resident of the "United States of America, member states of the European Union, United Kingdom", among other places. checked 2026-08-15 |
What LetsExchange is genuinely good at
- Catalogue reach: their own pair pages advertise "6,149 coins in 3,476,360 trading pairs", among the widest listings in this market.
- A real partner business: API, widget, referral links, a Telegram mini app and a white-label build, with the affiliate rate published openly at 0.2%.
- They disclose things many peers leave out: the named screening vendor, the legal entity and its jurisdiction, a 30-minute fixed-rate window, and a stated 5% ceiling on floating-rate deviation.
- A hosted bug bounty programme, linked straight from their own footer.
When SwapSS is the right tool
- You want the service that quotes your order to be the one that also executes it and pays it out.
- You are swapping Monero: XMR is live here in both directions, and the numbers above come from the same endpoints the exchange runs on.
- You want the rule about a flagged deposit published before you send, with any return going to an address the sender controls.
- You want the accepted quote to be the amount that arrives, with the margin already inside it.
Questions people actually ask
Does LetsExchange limit Monero swaps?
- Not visibly: BTC and XMR pair pages are published and Monero sits in their catalogue. Their KYC/AML policy, section 5.4, nevertheless lists "Customers requesting an exchange of untraceable cryptocurrencies" among the patterns their partners monitor as suspicious, and terms section 2.12 treats shielded-address transfers of dual-nature coins as "irretrievably lost" (checked 15 August 2026).
Can LetsExchange freeze my funds?
- Their homepage says "No funds blocking". Their KYC/AML policy, section 3.1.2, says that on suspicious information the data goes to third-party partners, "who in turn freeze the funds and file a SAR", and section 5.5 lets those partners "suspend, terminate or freeze your exchange transactions for any period of time". Both quoted from their own pages on 15 August 2026.
Who actually executes a LetsExchange swap?
- By their own terms, not LetsExchange. Section 2.14 states the company "does not perform currency exchange operations, does not hold wallets, and does not accept or process funds" and "bears no responsibility for the execution, failure, or outcome of any exchange operation". Section 7.2 caps total liability at "USD 100". On SwapSS the quote, the order and the payout are one path.
What does a swap cost on each?
- LetsExchange names four charges — both blockchains, the liquidity partner, an AML verification commission and its own commission — with no number attached, while one of its own pair pages says the service works "without fees for the swap". The only percentage published on their site is the 0.2% partners earn. On SwapSS the quote you accept is the amount you receive.
Sources and dates
Every competitor claim on this page was checked read-only against these pages on the date shown. If something here has gone stale, tell us and we will re-verify it.
- https://letsexchange.io/ Their homepage: the "No funds blocking" promise and the fee and rate feature cards. — checked 2026-08-15
- https://letsexchange.io/kyc-aml Their KYC/AML policy: discretionary verification, the freeze-and-report path, and the transaction patterns their partners monitor. — checked 2026-08-15
- https://letsexchange.io/terms-of-use Their terms of use: who executes an exchange, the liability cap, prohibited residencies, rate windows, and dual-nature coins. — checked 2026-08-15
- https://letsexchange.io/faq Their FAQ: the registration answer and the four charges named without a number. — checked 2026-08-15
- https://letsexchange.io/for-partners Their partner page: the API, widget, mini app and white-label products, and the published 0.2% affiliate rate. — checked 2026-08-15