Is torrentswap.com Risky? 45/100 Trust Score

Exercise caution when interacting with this website.

Detailed Analysis Report: Is TorrentSwap.com Safe and Legit? Website Overview and Purpose TorrentSwap is a decentralized cryptocurrency exchange that facilitates cross-chain swaps without requiring Know Your Customer (KYC) verification. The platform aims to provide users with a fast, secure, and private way to exchange cryptocurrencies across different blockchains, appealing primarily to privacy-conscious users. Content Quality and User Experience Key Experience Highlights Offers a straightforward interface for selecting cryptocurrencies to swap. Claims to support over 16 blockchains, enhancing user flexibility. Promotes a 0% KYC policy, appealing to users who prioritize privacy. Provides slippage protection and a simple three-step process for completing swaps. Claims Verification and Red Flags ⚠️ Red Flags Detected Several red flags have been identified that warrant caution: Domain Age: The domain is only 1 year old, which raises concerns about its legitimacy in the financial sector. Missing Security Features: The site lacks SPF and DMARC records, which are essential for email security and domain verification. Unregulated Financial Services: The platform does not display any regulatory licenses, which is a significant concern for a financial service. High-Risk Business Model: The focus on no KYC and decentralized swaps can attract fraudulent activities. New Domain: The recent registration of the domain is a red flag, especially in the cryptocurrency space where scams are prevalent. ⚠️ Caution Points Users should independently verify the legitimacy of the platform and its claims. Be cautious of the lack of regulatory oversight, which is common in decentralized exchanges. Consider the risks associated with using a new platform for cryptocurrency transactions. Security Note: The website uses a valid SSL certificate, which is a positive sign for secure browsing. Legitimacy and Reputation Assessment The domain has been operational for 1 year , indicating a relatively short history. It is hosted in the United States and has a clean SSL certificate. However, the lack of a significant online reputation and absence of regulatory licenses raises concerns about its trustworthiness. Final Verdict and Recommendations Conclusion: While TorrentSwap offers a unique service in the cryptocurrency space, the combination of its new domain, lack of regulatory oversight, and several red flags suggests that users should exercise caution. It is advisable to conduct thorough research and consider alternative, more established platforms for cryptocurrency exchanges. Best practices include verifying the platform's claims, understanding the risks of decentralized exchanges, and ensuring secure practices when handling cryptocurrencies.

• [DOMAIN] New domain registration (1 year old) raises concerns about trustworthiness.
• [REGULATORY] No regulatory licenses displayed, which is critical for financial services.
• [SECURITY] Missing SPF and DMARC records, indicating potential email security issues.
• [BUSINESS MODEL] High-risk model focusing on no KYC, which can attract scams.

• [DOMAIN HISTORY] Domain is only 1 year old, raising concerns about its legitimacy in the financial sector.
• [SECURITY] The site lacks SPF and DMARC records, which are essential for email security and domain verification.
• [REGULATORY] No regulatory licenses displayed, which is a significant concern for a financial service.
• [BUSINESS MODEL] Focus on no KYC and decentralized swaps can attract fraudulent activities.
• [REPUTATION] The platform has a low online reputation and is relatively new, increasing risk.