Post
Topic
Board Service Announcements
Re: [ANN] SnapSwap.io | No-KYC Instant Crypto-to-Crypto Exchanges
by
God Of Thunder
on 09/09/2025, 01:29:27 UTC
If we could be completely sure that once our AML check is passed, the liquidity partner would never freeze the funds, then yes, we could call ourselves a 100% no-KYC exchange. But in reality, every liquidity provider or exchange uses their own compliance parameters and different services. AML scoring software works by maintaining large blockchain address databases and labeling them with different risk categories. Each provider builds and updates their own database, and sometimes one provider might be slower or faster than another in adding new flagged addresses. That’s why two different AML systems can give slightly different results.

The explanation makes sense. But the community is more careful with this type of exchange because of what exemplens asked in his latest post above. The liquidity provider still doesn't release the funds after the user completes the KYC. In such cases, the exchange that operates the business gets the negative flag, not the liquidity provider. So, you have to be careful with it.

Reputation is everything in this business. Once you ruin your reputation in a community for such a reason, people may check your reputation, and you are unlikely to get any customers from that specific community.

We also warmly welcome everyone to try our service make trades and share an honest review with suggestions, for UI/UX as well as technical parts. every bit of input helps us move forward and improve.
I am afraid that most people do not want to try new services until they get good feedback or build some reputation. If you are looking for honest feedback and reviews with suggestions, I would recommend launching a short review campaign in this forum. I am a campaign manager who can help you run a campaign that fits your budget. Please expect a private message from me.