Verdict
Higher trust score: Mullvad
Based on our trust scoring, Mullvad comes out ahead of Retroswap (9.4 vs 7.0). 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
Retroswap
7.0
Good
Mullvad
9.4
Good
Privacy /100
Retroswap
90
Good
Mullvad
100
Good
Trust /100
Retroswap
59
Average
Mullvad
96
Good
Side by side
KYC level
L1Anonymous
L1Anonymous
Tagline
Account-less crypto swap dedicated to Monero — accepts 50+ input coins, never asks for name, email or ID, and explicitly refuses Chainalysis, Elliptic or TRM-style transaction screening.
Swedish VPN with a 16-digit anonymous account number — no email, no personal data — accepting Monero, Bitcoin, Lightning and cash by mail, with a 2023 police raid that produced zero customer data.
Jurisdiction
Undisclosed
Sweden
Founded
2026
2009
Tor / .onion
No
Available
Categories
Exchange, Aggregator
VPN, Privacy
Feature comparison 13
Retroswap
Mullvad
Bitcoin (BTC)
Accepts Monero (XMR)
Cash
—
Non-custodial
—
Open source
—
No signup required
—
Tor (.onion) available
—
Lightning Network
—
Mobile app
—
Web app
Instant
—
Available worldwide
Custodial
—
Read the full reviews
The side-by-side covers the headlines — the detail pages walk through every claim and citation.