# LetsExchange

> Source: https://fuckyc.org/services/letsexchange/
> Website: https://letsexchange.io/
> Categories: Instant swap (no account)
> KYC: optional — No-account flow for crypto-to-crypto swaps; AML screening can hold outputs and request ID.
> Status: active
> Jurisdiction: Estonia (operator-disclosed)
> Fiat on-ramp: yes
> Payment methods: crypto, card (via partners)
> Founded: 2020
> Open source: no
> Custodial: no
> Last verified: 2026-01-01

## Verdict

LetsExchange is a routine backend in aggregator routes. Crypto swaps run without an account; AML-driven holds remain the category-wide failure mode. No surprise wins or losses versus its peers — useful as a fallback route.

## Strengths

- Wide asset coverage and a fixed-rate option.
- Stable backend in most swap aggregators.

## Caveats

- Reports of holds-and-KYC on flagged orders are typical for the category.
- Fiat purchase paths run through KYC providers.
- Facts need re-verification by operator (last seeded 2026-01).

---

## What LetsExchange is

A no-account instant exchanger with a partner-driven fiat onramp.

## Threat-model fit

Reasonable backend; pair with privacy coin and/or churning for non-correlation.

## Sources

- [LetsExchange FAQ](https://letsexchange.io/faq) — accessed 2026-01-01
- [KYCnot.me — LetsExchange entry](https://kycnot.me/service/letsexchange) — accessed 2026-01-01