PegasusSwap
grade A
PegasusSwap is a privacy-first crypto swap platform built for people who value speed, security, and complete anonymity. No registration. No KYC. No JavaScript r
grade A
What the documents mean for you
PegasusSwap can refuse transactions it judges to break its terms, and your coins pass through infrastructure it or its liquidity partners control mid-swap. Swaps are final; refunds are discretionary and minus costs. It states it never asks for ID or shares data.
The Privacy Policy states outright that PegasusSwap 'operates as a non-KYC service and does not collect, request, or verify identity-related information under any circumstances', and the Terms confirm that standard exchanges need no account. No clause anywhere reserves a right to demand identity documents, source-of-funds information, or to hold funds pending verification.
Nothing in these documents sets off an identity check: there is no risk-scoring, no AML flagging and no verification trigger described. The service says it never asks for or verifies identity information, and standard swaps need no account. If a refund is approved, the money goes back to the address it came from, so you never hand over a name or document.
Warnings
The Terms open a 'Limited Disclosure' section and then answer it with 'Never. We do not store users information.' The clause never lists the circumstances it was set up to list, so the drafting leaves what would happen to a legal request undefined.
The Terms say PegasusSwap keeps no user funds, then say assets pass through infrastructure it or its liquidity partners control and that it routes and manages transactions. For the length of a swap, someone other than you controls the coins.
PegasusSwap can update the Terms whenever it likes and treats your continued use as acceptance, so the no-KYC and no-disclosure promises are not locked in.
How the score was reached
Privacy92/100
Trust81/100
Overall = (privacy × 0.6 + trust × 0.4) / 10, rounded = 9/10, grade A. Each attribute above rests on a clause quoted below or was assigned by a moderator; the rest is what the listing knows.
Attributes5 from the documents
Refunds do not require KYCprivacy +5 · trust +5
The refund process does not require the completion of a Know Your Customer procedure or the disclosure of personal information.
The service says it never asks for or verifies identity data in any circumstance, and approved refunds are sent back to the address the funds came from, so no personal details are involved.
“PegasusSwap operates as a non - KYC service and does not collect, request, or verify identity - related information under any circumstances.”
https://pegasusswap.com/privacy-policy
No registration neededprivacy +5
Users can access and use the service without creating an account.
The Terms state that standard exchanges work without creating an account.
“The Platform does not require account registration for standard exchanges.”
https://pegasusswap.com/terms-of-use
Custodial walletprivacy -3 · trust -5
The service manages the private keys and keeps custody of funds, which requires trusting it.
Despite the 'no custodial accounts' label, the Terms say your assets pass through infrastructure the Platform controls and that the Platform routes and manages the transaction, so it holds the funds while the swap runs.
“The Platform may technically coordinate, route, and manage transactions to ensure execution, but it does not provide asset safekeeping services on behalf of Users.”
https://pegasusswap.com/terms-of-use
Third-Party Liquidity
Swaps are filled by outside liquidity providers, whose own rules can apply to a transaction.
The Terms confirm that liquidity partners are involved in executing swaps and that assets can move through their infrastructure.
“However, during the technical execution of a Swap, Digital Assets may temporarily pass through infrastructure controlled by the Platform or its liquidity partners for the sole purpose of completing the transaction.”
https://pegasusswap.com/terms-of-use
No JavaScript neededprivacy +1
The service does not require JavaScript to be enabled.
The Privacy Policy says core functionality works with JavaScript switched off.
“PegasusSwap is designed to operate without mandatory JavaScript execution. Users may disable JavaScript in their browser settings and still access core platform functionality.”
https://pegasusswap.com/privacy-policy
May require KYC/SOF by policy/lawprivacy -6 · trust -4
The service may require identity verification, KYC or Source of Funds information, by its own policy or by law, at any time.
The Privacy Policy rules out any identity verification request, rather than reserving the right to make one.
“PegasusSwap operates as a non - KYC service and does not collect, request, or verify identity - related information under any circumstances.”
https://pegasusswap.com/privacy-policy
Data sharingprivacy -3
Personal data may be shared with authorities or third-party providers for compliance.
The Privacy Policy states that no user data goes to any third party, naming government bodies and partners specifically.
“We do not transmit user information to affiliates, partners, analytics providers, advertisers, government bodies, or any other organizations.”
https://pegasusswap.com/privacy-policy
Accepts Moneroprivacy +5
This service accepts Monero, a privacy-focused cryptocurrency that provides enhanced anonymity.
Verifiedtrust +10
Passed repeated checks over time and showed consistent behavior.
Mature servicetrust +5
This service has been operational for 2 years. While this indicates stability, it is not a future-proof guarantee.
Tap an attribute to see the clause it rests on. Ruled-out ones score nothing; a documented “no” is recorded because it is worth reading. What comes from the listing is what the site knows about the service, priced as kycnot.me prices it.
What the documents say
Exchanges are final. They only consider a refund for expired swaps, technical errors or unsupported assets, they must approve it, and they can deduct network costs and rate differences.
“All exchanges are generally final. * Refunds may be considered in limited cases, including: * • Expired swaps; * • Technical processing errors; * • Unsupported or incompatible assets.”
https://pegasusswap.com/terms-of-use
During a swap your assets move through infrastructure that PegasusSwap or its liquidity partners control, even though the Terms say it offers no custodial accounts or safekeeping.
“However, during the technical execution of a Swap, Digital Assets may temporarily pass through infrastructure controlled by the Platform or its liquidity partners for the sole purpose of completing the transaction.”
https://pegasusswap.com/terms-of-use
PegasusSwap can decline to process a transaction it judges to break the Terms, and can block transactions it says threaten system integrity or security.
“The Platform may decline to process a transaction that violates these Terms or is technically incompatible with the system.”
https://pegasusswap.com/terms-of-use
If your deposit arrives after the time window, they can let the swap expire and recalculate it at the current market rate instead of the one you saw.
“If funds are not received within the indicated time window, the swap may expire and be recalculated at the current rate or refunded after contacting our support.”
https://pegasusswap.com/terms-of-use
The Privacy Policy says PegasusSwap passes no user data to anyone, including government bodies, partners and analytics providers, and does not sell or rent it.
“PegasusSwap does not sell, share, transfer, disclose, or provide user data to any third parties under any circumstances.”
https://pegasusswap.com/privacy-policy
They record browser type and version, operating system, screen size, interface behaviour, session length and clicks, keep it anonymised or aggregated, and delete it after a minimal period.
“We only process basic technical and usage data, such as: * • browser type and version; * • operating system; * • screen size and interface behavior; * • session duration and clicks.”
https://pegasusswap.com/privacy-policy
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