GhostSwap

GhostSwap is a crypto swap service that operates without user balances: funds are sent on to the address the client specifies rather than held in an account. It was founded in 2024.

Execution model

GhostSwap works as a swap aggregation interface where execution is performed by third parties. The company states that it does not keep customer balances. The exchange rate is floating, so the amount received can change between the moment of quoting and the moment of execution.

Fees and limits

The service fee is included in the rate. The network fee and the limits for the chosen pair are shown to the user before the transfer is sent, which makes the final amount visible in advance.

Compliance

The terms require compliance with the law, prohibit illegal activity and give the service the right to block transactions. The claim that no account is needed does not mean that AML checks are absent. Users should expect that a suspicious transaction can be stopped.

Practical note

Supported assets, countries and settlement times are not listed in the description, so they should be confirmed on the service before a swap.