FixedFloatff.ioNoxSwap vs FixedFloat: fees, KYC and refunds compared
FixedFloat is one of the best-known instant exchanges, and a fair benchmark for any swap service. Both let you swap without an account and both offer fixed rates. The differences are in what you pay, what happens if a swap gets flagged, and which coins and networks you need. Here is how they compare, checked against FixedFloat's own published terms.
Checked against FixedFloat's published terms on October 29, 2026.
Quick verdict
NoxSwap fits you if
- You want one guaranteed amount with every fee already inside it
- You want a plain refund, minus only the network fee, if you decline a verification request
- You live in the US or India, which FixedFloat's terms exclude
FixedFloat fits you if
- You need Lightning, which NoxSwap does not support
- You prefer a floating rate with a lower published fee
- You value a longer track record over a newer service
Side by side
Account
- NoxSwap
- Advantage: No account, e-mail optional
- FixedFloat
- Advantage: No account, e-mail optional
KYC on standard swaps
- NoxSwap
- Advantage: None
- FixedFloat
- Advantage: None by default
If a swap is flagged and you decline checks
- NoxSwap
- Advantage: Refund of the deposit, minus only the network fee; held only on suspicion of illegal activity
- FixedFloat
- Mixed: Can be suspended to ask where the funds came from; if you refuse, a refund or a freeze until law enforcement asks
Fixed rate
- NoxSwap
- Advantage: Every swap: one all-in amount, held for the deposit window (about 10 minutes)
- FixedFloat
- Advantage: Yes, frozen for 10 minutes while the market moves no more than 1.2%
Floating rate
- NoxSwap
- Drawback: Not offered
- FixedFloat
- Advantage: Yes
Fees
- NoxSwap
- Advantage: Included in the quote: the amount shown is the amount you get
- FixedFloat
- Note: 1% on fixed, 0.5% on float, plus network fee
Coins and networks
- NoxSwap
- Note: 500+ coins and networks
- FixedFloat
- Note: No count published
Monero (XMR)
- NoxSwap
- Advantage: Yes, Zcash too
- FixedFloat
- Advantage: Yes, Zcash too
Lightning
- NoxSwap
- Drawback: No
- FixedFloat
- Advantage: Yes
US, UK and EU users
- NoxSwap
- Advantage: Served; blocked only in Russia, Belarus, Cuba, Iran, North Korea and Syria
- FixedFloat
- Mixed: Excludes the US, India and Georgia; the UK and EU are served
Tor mirror
- NoxSwap
- Advantage: Yes, listed in a PGP-signed file
- FixedFloat
- Note: None found
Track record
- NoxSwap
- Mixed: Launched in October 2026
- FixedFloat
- Mixed: Since 2018; two breaches in 2024, about 26.1 million and 2.8 million USD
The differences that matter
What you actually pay
FixedFloat publishes its fees: 1% on a fixed-rate swap and 0.5% on a floating one, with the network fee on top. That transparency is a plus. On NoxSwap you see a single number instead: the amount that lands in your wallet, with the network fee and our service fee already inside it.
Which one is cheaper changes from day to day and pair to pair. The only fair test is the same pair and amount at the same moment, compared by the amount you receive, not the headline fee.
When a swap gets flagged
This is the difference that matters most. Every instant exchange screens deposits, and a small share gets flagged. FixedFloat's terms let it suspend an order to ask about the origin of the funds, which may stay frozen until that information arrives. If you refuse or the answer is not enough, the terms allow either a refund to the sender or a freeze until an official request from law enforcement arrives.
On NoxSwap, standard swaps need no KYC. About 0.5% of transactions, large or flagged ones, are picked by the exchange partner that executes the swap for an extra AML check. If you decline it, the deposit is refunded, minus only the network fee. The one exception is a transaction suspected of links to illegal activity, which the partner may hold until the case is resolved.
Coins, Lightning and Monero
Both support Monero and Zcash. FixedFloat also supports Lightning, which NoxSwap does not, so for Lightning swaps FixedFloat is the better tool. NoxSwap covers 500+ coins and networks and shows the network next to every coin, such as USDT (TRC20), so you never send on the wrong chain.
Where you can use them
FixedFloat excludes the US, India and Georgia. NoxSwap is blocked only in Russia, Belarus, Cuba, Iran, North Korea and Syria, so it also works in the US and India. Either way, check the rules where you live before you swap.
Questions
Is NoxSwap a good FixedFloat alternative?
For fixed-rate swaps between regular coins and Monero, yes: one all-in amount, no account and a refund without KYC if you decline a check. For Lightning or a floating rate, FixedFloat remains the better fit.
Which one is cheaper?
It depends on the pair, the amount and the moment. Compare the amount you would receive on both for the same swap at the same time; that number already reflects every fee.
Do I need KYC on FixedFloat or NoxSwap?
Not for standard swaps on either. Both screen deposits, and a flagged swap can be paused. The difference is what happens next: on NoxSwap, declining the check ends in a refund minus the network fee, while FixedFloat's terms leave room for a freeze until law enforcement asks. NoxSwap's partner holds funds only when illegal activity is suspected.
Can I use NoxSwap in the US?
Yes. NoxSwap is blocked only in Russia, Belarus, Cuba, Iran, North Korea and Syria. FixedFloat's terms exclude the US.
Sources
- FixedFloat terms of service
- FixedFloat FAQ
- FixedFloat on kycnot.me
- The Block: February 2024 breach
- ForkLog: April 2024 breach
Published by NoxSwap. We hold ourselves to the same rows and say where FixedFloat is the better choice. Terms change. Check the current version before you swap. Logos and trademarks belong to their owners and are shown only to identify each service.
