SendSwap: The difference between holding your keys and handing them to a platform — explained for instant swaps.
If you search non-custodial crypto exchange, you are asking: who holds the private keys while the trade happens? On custodial platforms, the exchange does. On non-custodial instant swaps like SendSwap, you send from your wallet and receive to your wallet. There is no persistent platform balance in your name.
Custodial vs non-custodial
Custodial: deposit to their account, internal balance, often more info KYC.
Non-custodial (SendSwap): one order, one deposit from your wallet, payout to your address — no account balance to withdraw later.
How it works on SendSwap
- Select send and receive assets — network included in the pair label.
- Paste a receive address you control.
- Send the deposit for that order only.
- Receive coins wallet-to-wallet — 2000+ assets, fixed or float rates, no signup.
Non-custodial vs DEX vs CEX
CEXs use order books and sendswap accounts. DEXs use smart contracts and gas. read more Instant non-custodial swaps like SendSwap route BTC, ETH, stables, and privacy coins with a click here one-deposit UX — simpler for check here many cross-asset hops. Explore the non-custodial crypto exchange hub for pairs and guides.
Risks you still own
- Wrong network or wrong address
- Expired orders
- Float rate movement during volatility
- Phishing sites mimicking swap UIs
FAQ
Is SendSwap non-custodial? Yes — wallet-to-wallet settlement, no held balances.
Do I need KYC? SendSwap does not require signup or ID for swaps. Local laws still apply — not legal advice.
Bottom line
Understanding non-custodial crypto exchange mechanics helps you choose tools aligned with self-custody. SendSwap: your keys on send and receive, no platform piggy bank in the middle.