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GhostSwap is a non-custodial swap aggregator that lets users exchange more than 1,600 tokens across Bitcoin, Ethereum, Solana, Polygon, and a long tail of altchains without creating an account, supplying an email, or completing identity verification. Users pick a pair, paste a destination address, send the source coin to a one-time deposit address, and receive the output asset, typically within minutes for fast chains like Solana and up to about 30 minutes for Bitcoin. The platform has processed over $750 million in swaps for roughly 1.5 million users, charges a flat 2% fee built into the quoted rate, and operates as a Delaware LLC that funnels transactions through licensed compliance partners for behind-the-scenes AML screening.
Why it matters
The headline feature is the long tail. GhostSwap supports privacy coins including Monero (XMR) and Zcash (ZEC) on both the send and receive sides, with pairs like BTC to XMR, ETH to XEC, and USDT to ZEC listed on its order page. Most major centralized venues have already delisted those assets under regulatory pressure, so a non-custodial aggregator that still routes them has carved out a niche that traditional exchanges have vacated. The 2% spread sits well above competitors such as Changelly (0.25%) and FixedFloat (0.5%), but GhostSwap's pitch is simplicity, not price: one flat rate, no tiers, no surprise charges, and no onboarding friction.
Market impact
The non-custodial design is the structural argument. Funds never sit in a pooled GhostSwap balance; each transaction routes through a temporary deposit address and out to the user's wallet, which removes the large-pool honeypot risk that has hit centralized exchanges repeatedly. The trade-off is regulatory opacity. GhostSwap does not publish formal licenses or third-party audits, and its own terms reserve the right to block, delay, or refund flagged transactions routed through compliance partners. For retail users who want to move in and out of XMR and ZEC without paperwork, or for developers wiring swaps into wallets via the public API and Telegram bot, that risk profile is acceptable. For institutions, it is not.
Frequently asked questions
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What is GhostSwap?
GhostSwap is a non-custodial swap aggregator that exchanges 1,600+ tokens across major blockchains without requiring an account, email, or KYC. Funds route through a one-time deposit address directly to the user's destination wallet.
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Does GhostSwap require KYC?
No. GhostSwap does not collect identity documents, name, email, or phone for standard swaps. Transactions are screened behind the scenes by licensed compliance partners, and flagged swaps may be delayed, blocked, or refunded.
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What fees does GhostSwap charge?
GhostSwap charges a flat 2% fee built into the quoted exchange rate. Users additionally pay standard blockchain network (gas) fees from their own wallet. There are no hidden charges or tiered pricing.
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Does GhostSwap support Monero and Zcash?
Yes. Monero (XMR) and Zcash (ZEC) are supported on both send and receive sides, with pairs such as BTC to XMR, ETH to ZEC, and USDT to ZEC listed on the platform. Most major centralized exchanges have already delisted these assets.
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Is GhostSwap safe to use?
GhostSwap's non-custodial design means user funds never sit in a pooled platform balance, eliminating centralized-exchange honeypot risk. The trade-off is regulatory opacity: no published licenses or audits, and compliance partners may flag certain transactions.
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