WizardSwap
grade C
WizardSwap is an instant swap exchange run by LocalParticl.com - Supports many privacy coins.
grade C
What the documents mean for you
WizardSwap can freeze and seize funds it treats as stolen. Fees start at 2.2% and an extra fee of up to 10% can apply on illiquid coins. Late or slow deposits get re-priced at market rates, and refunds come back minus the network fee.
The FAQ never mentions KYC, identity documents, Source of Funds, or AML screening, and nothing in it lets the service ask you to identify yourself or condition your money on doing so. It does reserve the power to freeze and seize funds it considers stolen, but that clause demands nothing from you, so it does not raise the level above 'no KYC mention'.
The corpus contains no identity verification requirement, no AML screening description and no Source of Funds clause. The only fund-related power stated is that the service "cannot accept stolen funds" and "may need to freeze and seize" them. The FAQ does not say what, if anything, you must provide to get frozen funds back.
Warnings
The FAQ lets the service freeze and seize deposits it links to stolen funds. There is no published description of how it reaches that conclusion, whether you are told, or how you could appeal.
The only published document here is a short FAQ. It says nothing about what data is recorded, how long it is kept, or whether it is shared with authorities or other parties.
The 2.2% headline fee can rise by up to another 10% on coins the service judges illiquid or in high demand, decided by its own metrics.
How the score was reached
Privacy71/100
Trust57/100
Overall = (privacy × 0.6 + trust × 0.4) / 10, rounded = 7/10, grade C. Each attribute above rests on a clause quoted below or was assigned by a moderator; the rest is what the listing knows.
Attributes5 moved the score
May freeze or seize fundstrust -3
Internal monitoring may freeze or seize funds flagged for suspicious activity, stolen or sanctioned sources.
The FAQ states the service may freeze and seize funds it considers stolen.
“Do you ever freeze transactions? Cannot accept stolen funds. May need to freeze and seize.”
Other, www.wizardswap.io
Verifiedtrust +10
Passed repeated checks over time and showed consistent behavior.
Accepts Moneroprivacy +5
This service accepts Monero, a privacy-focused cryptocurrency that provides enhanced anonymity.
Has Onion or I2P URLsprivacy +5
Onion (Tor) and I2P URLs enhance privacy and anonymity.
No JavaScript neededprivacy +1
The service does not require JavaScript to be enabled.
The FAQ states the site works without JavaScript.
“**No JavaScript required.**”
Other, www.wizardswap.io
What costs you most first. Tap one to read the clause it rests on, or what the listing knows, priced as kycnot.me prices it.
What the documents say
The service says it cannot accept stolen funds and may freeze and seize them. It does not say how it decides a deposit is stolen or how you get the money back.
“Do you ever freeze transactions? Cannot accept stolen funds. May need to freeze and seize.”
Other, www.wizardswap.io
On top of the usual 2.2% fee, the service can add up to 10% more when a coin has low liquidity or high demand, based on its own network metrics.
“If a coin has low liquidity or excessive demand an additional fee of up to 10% may apply based on network metrics.”
Other, www.wizardswap.io
When a trade fails you get a refund, but the service takes the network transaction fee out of it.
“A network transaction fee is deducted from refunds.”
Other, www.wizardswap.io
If your deposit gets no confirmation within 30 minutes, or arrives after the offer expires, the service recalculates your exchange at current market rates, so you carry the price move.
“Your exchange will be recalculated at current market rates if no confirmations for your deposit have been received within 30 minutes. If too much time has passed without any network confirmations, your offer will fail and you will need to contact support.”
Other, www.wizardswap.io
If you send more than the offer and there is not enough liquidity, the exchange fails and you have to ask for a refund, minus network fees.
“The amount sent will be adjusted if liquidity is available. If insufficient liquidity is available then your exchange will fail and you will need to request a refund. Network fees will be deducted from the refund.”
Other, www.wizardswap.io
The service says it runs its own blockchain infrastructure and wallets rather than sourcing coins from other exchanges, so it holds your deposit while the swap runs.
“Does the cryptocurrency come from other exchanges? No. WizardSwap.io operates its own blockchain infrastructure and wallets.”
Other, www.wizardswap.io
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