NO-KYC.CC
Independent Registry
Methodology
FF

FixedFloat

fixedfloat.com

Automated instant cryptocurrency swap service operating without mandatory registration. While offering fast cross-chain swaps, user deposits are subject to automated AML risk scoring that can trigger sudden KYC verification holds and fund freezes.

Instant Swap Mandatory KYC Last Monitored: 2026-10-09
Safety Score
5.5
Caution Advised
Operational Model
Instant Swap
KYC Trigger Policy
Mandatory KYC
Tor / Onion Routing
Clearnet Only
Risk Evaluation
MEDIUM RISK
Supported Cryptocurrencies & Assets
BTCBTC
XMRXMR
LTCLTC
USDTUSDT
ETHETH

Independent Safety Audit & Technical Breakdown

Conducted by No-KYC.cc Registry Research Team • Real deposit testing

Independent Verification & Security Audit: FixedFloat


FixedFloat is an automated instant cryptocurrency exchange established in 2018. It facilitates cross-chain swaps between dozens of digital assets without requiring initial account registration. However, users frequently evaluate the service for its actual privacy level, regulatory compliance, and security history.

1. KYC Policy & AML Freeze Risk

FixedFloat advertises non-custodial swaps without upfront identification. In standard situations, transactions are processed automatically within minutes. However, according to FixedFloat Terms of Service and numerous customer reports, transactions that trigger automated AML risk scores (e.g., interaction with mixers, sanctioned addresses, or flagged clusters) are immediately frozen. To release funds, users are required to undergo comprehensive Level 2/3 KYC verification, including submitting government passport photos, address verification, and source of funds documentation. If a user refuses KYC after a trigger, funds may remain locked in dispute.

2. Regulatory Status & AMF Blacklist

On November 4, 2022, the French financial regulator Autorité des Marchés Financiers (AMF) officially added FixedFloat.com to its public blacklist of unauthorized companies offering digital asset services in France without mandatory DASP (Digital Asset Service Provider) registration. As of 2026, FixedFloat remains on international compliance advisory lists, meaning users in regulated jurisdictions face potential account blocks and payment gateway restrictions.

3. Security Incidents & Hack History

In February 2024, FixedFloat experienced a major security breach resulting in the theft of approximately $26 million in Bitcoin and Ethereum due to internal access credential compromises. While the platform resumed operations and committed to security hardening, the incident highlighted centralized infrastructure risks inherent in automated swap routing.

4. Trustpilot & Community Sentiment

Customer feedback across Trustpilot and Reddit reflects polarized experiences:
  • Positive: Fast execution on low-volume swaps, intuitive interface, zero registration friction for routine trades, and multi-asset support.

  • Negative: Sudden AML transaction holds with frozen balances, prolonged support response times during identity verification disputes, and strict non-refund policies for flagged transactions.


    • Verdict & Operational Guidance

    Rating: 5.5 / 10 — Caution Advised.
    FixedFloat is operational and functional for routine, low-risk swaps, but privacy-conscious users should be aware that it is not a true no-KYC protocol. Those requiring bulletproof privacy and zero confiscation risk should prefer decentralized peer-to-peer protocols like Bisq or RoboSats over centralized automated routers.

    Verification Log & Transaction Notes

    Automated instant cross-chain swap protocol. Routine on-chain swaps execute smoothly, but flagged deposits trigger mandatory KYC verification holds.

    Safety & Compliance Q&A

    Does FixedFloat require KYC or identity verification?

    Yes. FixedFloat enforces KYC or runs automated AML surveillance bots that can freeze incoming deposits until you surrender government documents. If you hate having your coins locked hostage, look elsewhere.

    Is FixedFloat non-custodial and safe?

    It's an automated instant swap. You send crypto, their router swaps it, and the converted coins land straight in your receiving wallet. They don't hold balances, so there's no exchange account for hackers to raid.

    What cryptocurrencies can you use on FixedFloat?

    Verified supported coins include BTC, XMR, LTC, USDT, ETH. Pro tip: use Monero (XMR) like a sane person and skip the high Bitcoin mempool fees.

    Does FixedFloat have an official Tor (.onion) address?

    No official Tor (.onion) mirror cataloged. You are connecting over clearnet, so use Tor Browser or a trusted VPN if you care about your IP address.

    Are there any official regulatory notices or warnings for FixedFloat?

    France AMF Warning: Listed on the French Autorité des Marchés Financiers (AMF) blacklist of unauthorized crypto-asset service providers on November 4, 2022 (re-listed in 2026). Transactions may trigger sudden AML compliance holds.

    What were the results of live verification testing on FixedFloat?

    Automated instant cross-chain swap protocol. Routine on-chain swaps execute smoothly, but flagged deposits trigger mandatory KYC verification holds.

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