PegasusSwap review examining its non-custodial XMR swaps, fees, completion times, user ratings and reliability signals as of late 2026.
PegasusSwap launched February 23, 2024, as a non-custodial instant swap service. Users exchange assets directly from one wallet to another through one-time deposit addresses, with the platform never taking custody of funds.
No registration or KYC is required at any stage. The service lists over 1,000 coins and tokens and includes native Monero pairs such as BTC to XMR, available in both fixed-rate and floating-rate options.
A Tor mirror is maintained for access, and the platform can operate without JavaScript in select configurations. It appears as a verified entry on Monerica, with Panama noted as the location, and holds the highest KYC Level 0 rating on AntiKYC.io.
Liquidity is sourced internally or through smart routing across providers. Support is available around the clock via Telegram, email, and in-site chat.
PegasusSwap executes non-custodial wallet-to-wallet swaps using one-time deposit addresses. Users select a pair such as BTC to XMR, choose between fixed-rate and floating-rate options, and send funds from their own wallet. The platform routes liquidity internally or via smart routing across providers without taking custody.
The minimum swap size is the dynamic equivalent of $50 USD. Fixed rates lock the quoted price for the duration of the swap, while floating rates adjust with market movement until the deposit arrives. Most pairs complete in 5–30 minutes. One documented floating-rate swap of 0.0254 BTC to approximately 4.883 XMR finished in roughly three minutes during June 2026 testing.
XMR payouts require about ten network confirmations before the funds become spendable, adding roughly twenty minutes after the swap registers on-chain. Reported service fees range from 0.5 % to 1.5 % plus standard network fees, with some reviews noting rates slightly better than contemporaneous market averages. All figures are drawn from platform FAQs and Monerica observations as of late 2026.
PegasusSwap states a 4.8/5 average rating from more than 200 reviews on its own site, along with a 96 percent recommendation rate and a claim of being trusted by over 23,000 traders. These figures appear on the homepage as of October 2026. Independent scores differ. Trustpilot lists 3.9/5 from only 16 reviews as of October 13, 2026. Directory listings add verification layers without user-volume data.
| Metric | Value | Source | As of |
|---|---|---|---|
| Site review average | 4.8/5 (200+ reviews, 96% recommended) | PegasusSwap homepage | October 2026 |
| Trustpilot score | 3.9/5 (16 reviews) | Trustpilot | October 13, 2026 |
| Monerica verification | Verified (Panama noted) | Monerica | September 30, 2026 |
| AntiKYC.io KYC Level | Level 0 ($6,000 guarantee) | Monerica profile | September 30, 2026 |
| Deposit guarantees | $4,000 (AntiKYC); 0.1 BTC (CypherGoat) | Monerica profile | September 30, 2026 |
The platform launched February 23, 2024. Directory entries confirm non-custodial operation and list Panama as the noted jurisdiction, though one external record references Ukraine registration. No independent audits or long-term uptime statistics appear in public sources.
PegasusSwap advertises KYC Level 0 status on AntiKYC.io, backed by a $6,000 guarantee referenced in its June 2026 blog post. Monerica lists deposit protections at 4K USD via the same service and 0.1 BTC through CypherGoat, with the profile updated September 30, 2026. These figures apply only to verified no-KYC flows and exclude any amounts that trigger internal AML reviews.
IP exposure remains a primary risk on the clearnet version because the platform processes wallet-to-wallet swaps through its own nodes. The service provides a Tor mirror and supports configurations that avoid JavaScript, yet users connecting over clearnet still reveal their IP to the operator and any intermediate liquidity providers.
Clearnet node considerations matter because the platform routes via its own liquidity or external aggregators; a single compromised or subpoenaed node could log deposit addresses and timing data even if the swap itself stays non-custodial.
Concrete OPSEC steps include accessing the service exclusively through the Tor mirror, generating a fresh wallet for each swap, and confirming the exact domain before depositing. Avoid linking any on-chain history to the same IP session, and monitor the platform’s September 2026 warning about fake Telegram channels to prevent phishing that could expose seed phrases or transaction details.
PegasusSwap positions itself among non-custodial XMR swap services by offering a documented fee range of 0.5–1.5% plus network fees, with one review noting rates slightly better than average market levels. Most comparable platforms route through aggregators or multiple liquidity sources, yet PegasusSwap combines its own liquidity with smart routing, which supports pairs such as BTC→XMR without requiring user accounts.
| Aspect | PegasusSwap | General Alternatives |
|---|---|---|
| Fee Range | 0.5–1.5% (plus network fees) | Variable; often comparable but occasionally higher on low-liquidity pairs |
| Speed | 5–30 minutes typical; ~3 minutes observed on one BTC→XMR swap | Similar windows for most services, though XMR confirmation adds ~20 minutes across providers |
| Liquidity Routing | Own liquidity plus smart routing across providers | Primarily aggregator models or single-provider routing |
| Verification Status | Verified on Monerica; KYC Level 0 on AntiKYC.io with $6,000 guarantee reference | Many lack directory verification or published payout guarantees |
Minimum swap size sits at the dynamic $50 equivalent, aligning with or below thresholds seen elsewhere. Users seeking maximum privacy should still verify current routing behavior per swap, as no service eliminates every operational weak point such as IP exposure on clearnet connections.
The platform sets a dynamic minimum equivalent to $50 USD for most pairs.
Most pairs finish in 5–30 minutes. One documented BTC-to-XMR swap completed in roughly three minutes, after which XMR requires about ten network confirmations before it becomes spendable.
Reported service fees range from 0.5 % to 1.5 % plus standard network fees, depending on the pair and rate type chosen.
Monerica lists a $4,000 guarantee via AntiKYC.io and a 0.1 BTC guarantee via CypherGoat as of September 2026.
The service published a public warning in September 2026 about fraudulent Telegram accounts and lookalike domains; always verify the exact URL before depositing.
Yes. Delistings by Binance in February 2024, Kraken in November 2024 and OKX around the same period increased demand for non-custodial options that still support direct XMR pairs.
