How it works
How AltoSwap works
AltoSwap is an aggregator: it finds the best no-KYC offer among 20+ instant exchanges and sets up the swap with the one you choose. Your coins travel wallet → exchange → wallet. We never hold them.
- 1
Choose your pair
Pick the coin you have and the coin you want, then enter the amount. No sign-up form, no email, no ID upload.
- 2
Take the top no-KYC offer
AltoSwap asks 20+ exchanges at once and, by default, keeps only those rated A for KYC (the ones that do not ask for identity documents), ranked by how much you receive.
- 3
Send your deposit
Paste the address where you want to be paid (or fill it from a connected wallet), then send your coins to the one-time deposit address.
- 4
Receive your coins
The exchange converts your deposit and pays straight to your wallet, usually within 5-30 minutes. Your swap ID is the only record you need.
Who does what
Three parties are involved in every swap. You hold the coins before and after. The exchange you select receives your deposit, converts it from its own reserves and pays you. AltoSwap sits in front: it requests quotes from every connected exchange through its aggregation network, ranks them, and passes your order to the exchange you pick. At no point does AltoSwap receive, hold or send your funds.
The KYC filter
Each exchange carries a KYC rating from A to D that describes what it does when its automated screening flags a deposit. The swap form has a three-position filter:
- No KYC (default): only A-rated exchanges, which do not ask for identity verification.
- A-B: adds exchanges that ask very rarely and refund without documents.
- All: every exchange, for the widest choice of rates.
The grade is shown on every offer. Details: KYC ratings A-D explained.
Fixed and floating rates
A floating rate is settled when your deposit confirms, so the final amount can be slightly above or below the estimate. A fixed rate locks the amount you receive for a limited time, at a slightly wider spread, as long as you send the exact amount before the timer ends. Both kinds are listed together, ranked by what you receive. More: fixed vs floating rates.
Fees
There is nothing to pay on top of the quote. The exchange's spread, the network fee for the payout and any service commission are inside the rate, so the figure in 'You get' is what arrives (exactly on fixed, approximately on floating). You pay only your own network fee to send the deposit.
Swap statuses
| Status | Meaning |
|---|---|
| Waiting | The swap exists; no deposit has been seen yet. |
| Confirming | Your deposit was detected and is collecting blockchain confirmations. |
| Sending | The deposit is confirmed and the exchange is paying out. |
| Finished | The payout transaction has been broadcast to your address. |
| Expired | No deposit arrived before the time limit. Nothing was charged. |
| Refunded | The exchange returned your deposit to your refund address. |
| Halted / Failed | The exchange stopped the swap; contact support with your swap ID. |
Your swap ID opens the live status page at any time: track a swap. There is no login; the ID is the key.
If something goes wrong
A deposit that is late, short or on the wrong network cannot be matched automatically. The exchange then either completes the swap at the current rate or returns the coins to your refund address, which is why adding one is recommended. If a status stops moving, see why a swap can be delayed or contact support with your swap ID.
Wallet connection (optional)
You can connect a browser wallet or use WalletConnect to fill in your address and, for native coins on Ethereum-compatible networks, pay the deposit after approving it in your wallet. It is optional. Pasting an address and sending manually is always enough.