Trocador review
Trocador functions as a swap aggregator and never takes custody of funds, even momentarily. It only connects you with partner exchanges and does not collect any ID itself. Partners are responsible for checking each deposit and may request KYC if they suspect the funds are from illegal activities. Trocador assigns grades to each partner, ranging from A (no KYC required) to D (which may involve holding funds until verification). Trade details are removed after 14 days or upon request. The service's terms exclude the United States and the European Economic Area. In our view, Trocador suits users who read the partner grade before every swap.
ID only if flagged
Trocador asks for ID only if a payment is flagged, per its own pages.
Choose Trocador if
Who Trocador suits, from the values on this page.
Trocador suits you if
- You want no ID for normal use: Trocador asks only if a payment is flagged.
- You want Monero: Trocador lists it.
- You want to pay or get paid over Lightning.
Trocador might not be the right fit if
- You want a market that can never ask for ID: Trocador can ask if a payment is flagged.
- You live in the US: Trocador is not available there.
Best for
Monero for bitcoin
What kycnot.me says about Trocador
kycnot.me is an independent directory of services you can use without ID checks. The rating and notes below are its own, not ours.
The terms rule out ID checks altogether. kycnot.me sorts services into five levels, from 0 (never asks for ID) to 4 (ID is mandatory).
Not accepted: Fiat money, Cash.
http://65bsisadnxvw4kfz7h7a3jwcyenrhluuj3kd5toslfzxbk5q4m3wy6qd.onionPros kycnot.me lists
- Accepts Monero
- Has Onion or I2P URLs
- No registration needed
- Good Customer Support
- Mature service
- Aggregator provides guarantees
- Legally registered
- No JavaScript needed
Cons kycnot.me lists
- KYC depends on partners
- Source code is private
Also noted: API available
Source: the kycnot.me listing. Trocador on kycnot.me (opens in a new tab)
Checked October 22, 2026
Inside Trocador
What you get with Trocador
Yes, no or partly, from our dataPrivacy 1 of 6, 1 partly
- No IDPartlyIf a payment is flagged
- No accountYes
- Tor built inNot statedNot statedTrocador's own pages we checked do not say. This is not the same as no.
- Onion addressNoNone published
- I2P addressNoNone published
- Works without JavaScriptNot statedNot statedTrocador's own pages we checked do not say. This is not the same as no.
Coins 4 of 4
- BitcoinYes
- MoneroYes
- LightningYes
- ZcashYes
Custody and code 0 of 3, 1 partly
- You hold the keysNo
- Open sourceNot statedNot statedTrocador's own pages we checked do not say, checked Oct 14, 2026. This is not the same as no.
- Address screeningPartlyScreens addresses
When can Trocador ask for your ID?
If a payment is flagged, per Trocador's own pages. Labels come from each provider's terms, never from our guess.
- 1Never, by designNo company holds your order, so nobody can ask
- 2Only if you chooseID only for extras you opt into
- 3If a payment is flaggedTrocador is on this stepNo ID by default; checks when a risk system flags you
- 4Above a limitID once you pass a stated amount
- 5AlwaysID before you trade, deposit or withdraw
If a check comes and you do not pass it
Depends on the partner: rating D means the partner may hold funds indefinitely until verification. Trocador Guarantee reimburses up to the protected amount (a percentage per trade, e.g. 20% or 60%) when a partner neither completes nor refunds and cannot show unusually high AML risk; not covered: D-rated partners, funds blocked for AML risk, trades halted by police request or legal order.
“Trocador will reimburse the user up to the protected amount. The protected amount is defined at the moment of the transaction's creation, shown as a percentage of the transaction and stored together with it. [...] This guarantee does NOT cover trades with exchanges rated as D. [...] Trocador will not reimburse transactions that are known to be halted because of a police request and/or legal order”
What triggers a check: Partner believes funds are from illegal activities; funds with high AML risk, from mixers or illegal activities: orders refused by partners; OFAC sanctioned addresses automatically refused; Trocador Guarantee claim where the exchange reports a suspected sanctioned person: Trocador asks for information
Not stated on Trocador's pages: fee on refusal, refund policyTrocador's own pages we checked do not say. This is not the same as no.
Checked October 22, 2026
What Trocador costs
| What | Trocador |
|---|---|
| Trade fee | No separate Trocador fee; network and exchange fees are included in the quoted rate; Trocador is paid a referral commission out of the exchange fee |
No-ID limits per trade
2 limits from Trocador's pages| Where | Limit |
|---|---|
| Minimum, for example | 0.000614 BTC (BTC to XMR, home page default) |
| Maximum | Per partner, not stated by Trocador |
Checked October 23, 2026
What Trocador knows about you
Who sees what during a trade, and who runs it.
During a trade
No ID check does not make a bank payment private.
Network and who runs it
- Governance
- Reta Development Assets LLC (company)
- Requests from authorities
- Complies with duly issued subpoenas served through proper legal channels; other requests case by case
- Warrant canary
- Not published
Checked October 23, 2026
Track record and code
None found.
Incidents
None found
- Audits
- Not published
- Bug bounty
- Not published
- Support
- Telegram @TrocadorSupportBot; Matrix #Trocador.app:matrix.org; e-mail [email protected]
Checked October 14, 2026
More facts we checked on Trocador
- Rate type
- Types: floating; fixed
- Log retention
- Trade details: 14 days or on request (destination, refund address, amount); longer: some partner exchanges require storage beyond 14 days
- Onion address
- Not published
- I2P address
- Not published
Trocador in the US and elsewhere
In the US
US availability: Not available
- Blocks US IPs
- Terms: users must not be located in or citizens or residents of the United States
- VPN clause in terms
- Not published
If you are a US person, US sanctions rules apply to you whether or not a service asks for ID.
Outside the US
Where Trocador does not serve
5 places in its terms- United States of America
- countries of the European Economic Area
- countries subject to UN or OFAC sanctions or equivalent
- countries where cryptocurrency use is forbidden
- UN/OFAC Sanctioned Jurisdictions: Afghanistan, Balkans (Western Balkans), Belarus, Burma (Myanmar), Central African Republic, China, Cuba, Democratic Republic of the Congo, Eritrea, Ethiopia, Guinea-Bissau, Haiti, Hong Kong, Iran, Iraq, Lebanon, Libya, Mali, Nicaragua, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Ukraine (Crimea, Donetsk, Luhansk, Zaporizhzhia, and Kherson regions), Venezuela, Yemen, Zimbabwe
Regional rule: Not statedTrocador's own pages we checked do not say. This is not the same as no.
- Site blocks by region
- Prohibited: United States, the European Economic Area, sanctioned countries and countries where crypto is forbidden
Where you live and the provider's terms
Many services on this page do not serve every country. Some exclude people because of where they live or their citizenship, not only where they connect from. Read the provider's terms before you send funds. If the terms exclude you, do not use the service, and do not try to get around the restriction, for example with a VPN.
Taxes
A service that does not ask for ID does not change your taxes. In the US, the federal income tax return asks a yes-or-no question about digital assets, and you must report digital asset transactions whether or not they result in a gain or loss. In the UK, you may owe Capital Gains Tax when you sell, swap or spend crypto, and you must keep your own records. Rules in other countries differ.
No KYC is not anonymity
"No KYC" here means the provider says it does not ask for ID in the cases its terms describe. It does not make you anonymous. Trocador's terms say it can ask for ID in these cases: Partner believes funds are from illegal activities; funds with high AML risk, from mixers or illegal activities: orders refused by partners; OFAC sanctioned addresses automatically refused; Trocador Guarantee claim where the exchange reports a suspected sanctioned person: Trocador asks for information. Regulated exchanges you send funds from or to may have to collect information about who sends and who receives a crypto transfer. Your tax duties stay the same.
Funds can be held
If a provider asks for more information during a swap or a withdrawal, it may hold your funds until it gets it. Its terms decide what happens next. In the UK, a crypto business that asks for information on a transfer to or from a self-custody wallet, and does not receive it, must not pass the funds on. Read what the provider's terms say before you send. Trocador's terms say that if a check is requested and not completed: depends on the partner: rating D means the partner may hold funds indefinitely until verification. Trocador Guarantee reimburses up to the protected amount (a percentage per trade, e.g. 20% or 60%) when a partner neither completes nor refunds and cannot show unusually high AML risk; not covered: D-rated partners, funds blocked for AML risk, trades halted by police request or legal order.
Checked October 22, 2026
Swap aggregators to compare with Trocador
Other active services in this category from our list. The shield shows each one's ID rule from its own terms.
Trocador side by side
From our privacy data, the same fields for every service| What | Trocador | CypherGoat | Houdini Swap | Intercambio | Swapzone | OrangeFren |
|---|---|---|---|---|---|---|
| ID rule | ID only if flagged | ID only if flagged | ID only if flagged | ID only if flagged | ID only if flagged | Not stated |
| Account | None | None | None | None | None | Not stated |
| You hold the keys | No | Not stated | No | No | No | Not stated |
| Monero | Yes | Not stated | Yes | Yes | Yes | Not stated |
| Lightning | Yes | Yes | Yes | Yes | Yes | Not stated |
| Open source | Not stated | Not stated | Not stated | Not stated | Not stated | Not stated |
Checked October 23, 2026
Short answers about Trocador
From the data on this page.
Does Trocador ask for ID?
Trocador asks for ID only if a payment is flagged, per its own pages. There is no account.
How much can you trade on Trocador without ID?
Minimum, for example: 0.000614 BTC (BTC to XMR, home page default); Maximum: per partner, not stated by Trocador.
Who holds your coins during a Trocador trade?
Held during the swap. Non-custodial referral layer; the deposit goes to the chosen partner exchange (transit custody at the partner).
Can you buy Monero on Trocador?
Yes. Trocador lists Monero.
What does Trocador cost?
Trade fee: No separate Trocador fee; network and exchange fees are included in the quoted rate; Trocador is paid a referral commission out of the exchange fee.
Who checked this page
Sources, how we read the terms and our process
Sources
- kycnot.me/service/trocador, for kycnot.me rating, checked October 22, 2026
- trocador.app, for status, no-ID limit, Monero, Zcash, bitcoin, Lightning, Zcash address type, onion address and fees, checked October 23, 2026
- trocador.app/docs, for I2P address, checked October 23, 2026
- trocador.app/en, for account, governance and support, checked October 22, 2026
- trocador.app/en/docs, for rate type, checked October 22, 2026
- trocador.app/en/privacypolicy, for data collected and log retention, checked October 22, 2026
- trocador.app/en/termsofuse, for ID rule, what triggers a check, what happens if a check fails, address screening, custody, custody in detail, operator, excluded countries, US availability, requests from authorities, warrant canary, audits, bug bounty, blocks US IPs, VPN clause in terms, site blocks by region, onion address and I2P address, checked October 22, 2026
How we read the terms
We do not give privacy services a score. We record what each provider's own pages say: when it asks for ID, the limits, who holds your coins and what it costs. Labels come from each provider's terms, never from our guess. How we read the terms
Our process
We take fees, availability, licenses and coin counts from primary sources: Trocador's own fee schedules, terms and help pages, and the public registers kept by regulators. Every value carries the date we last checked it. The values on this page were checked between October 22, 2026 and October 23, 2026.
Not legal or tax advice. This page explains how these services work and what their own terms say. It is general information, not legal, tax or financial advice. Rules differ by country and change often. Check the rules where you live, or ask a qualified professional, before you use any service listed here.