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  • Majestic Bank positions itself as the "first CryptoBank with a focus on
    maximum privacy while offering crypto exchange and banking services."

    Established in late 2021, Majestic Bank offers a coin swapping service, catering to users on both clearnet and darknet platforms. The service facilitates exchanges between Bitcoin (BTC), Monero (XMR), Litecoin (LTC), and Wownero (WOW), a Monero fork. Users can engage in swaps without the need for an account, paying an average fee of approximately 0.5%. The exchange process typically takes 15-30 minutes after a single confirmation on the respective blockchain.

    Prioritizing customer privacy, Majestic Bank emphasizes its commitment to user anonymity. It claims to refrain from logging user activities, deleting exchange data within two weeks or sooner upon user request. The platform asserts that any temporarily stored data on its servers is encrypted at a "military-grade" level. Users are given options during swaps, including transaction speed priority, displaying or concealing the transaction ID, and utilizing SegWit for BTC swaps. The platform provides 24/7 customer service to address user concerns and ensure the security of their assets.

    Majestic Bank promotes an average fee of approximately 0.5% for coin swaps, positioning itself as a cost-effective KYC-free option. The FAQ outlines potential fee variations, ranging from 2% to 0%, contingent on the platform's current reserve supply of the involved coin. While there is no specified upper limit, the platform enforces a $20 USD minimum limit per swap.

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