Verdict
Higher trust score: BasicSwap
Based on our trust scoring, BasicSwap comes out ahead of Binance (9.1 vs 4.2). The gap reflects differences in KYC stance, custody model and operational track record.
Note: Scores are our independent assessment. Both services have valid use cases — read each detail page before deciding.
Score breakdown
Overall /10
Binance
4.2
Weak
BasicSwap
9.1
Good
Privacy /100
Binance
0
Poor
BasicSwap
100
Good
Trust /100
Binance
59
Average
BasicSwap
86
Good
Side by side
KYC level
L5Mandatory
L0Trustless
Tagline
World's largest centralized crypto exchange — 500+ assets, mandatory KYC for every user, SAFU insurance fund, monthly Merkle-tree proof-of-reserves, and a $4.3B 2023 DOJ settlement with an ongoing compliance monitor.
Cross-chain atomic-swap DEX from the Particl Project, run locally as a self-hosted node with Docker — trustless BTC↔XMR swaps via adaptor signatures, no accounts, no fees, MIT-licensed.
Jurisdiction
Global (UAE-regulated)
No HQ
Founded
2017
2020
Tor / .onion
No
No
Categories
Exchange
Exchange, DEX, P2P
Feature comparison 14
Binance
BasicSwap
Bitcoin (BTC)
Accepts Monero (XMR)
—
Non-custodial
—
Open source
—
No signup required
—
Tor (.onion) available
—
Peer-to-peer
—
Accepts fiat
—
Mobile app
—
Web app
—
Available worldwide
—
Custodial
—
Requires email
—
Logs IP addresses
—
Read the full reviews
The side-by-side covers the headlines — the detail pages walk through every claim and citation.