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7 Best Non KYC Crypto Exchanges Of 2025

Written by Larry Jones

Written by:

Larry Jones

Hi, I'm Larry Jones, an Financial Management graduate from Franklin University, where I focused on Finance. With a deep passion for trading and investing, I've immersed myself in the dynamic world of financial markets. Currently, I dedicate my time to trading while also educating others about the exciting opportunities in cryptocurrencies. Through my experience and expertise, I aim to make complex financial concepts accessible to everyone. Whether you're a seasoned trader or new to the world of investing, my goal is to provide you with valuable insights and practical knowledge to help you navigate the world of cryptocurrencies with confidence.

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Expert Reviewed

This article has been reviewed by crypto market experts at SCM to ensure all the content, sources, and claims adhere to the highest standards of accuracy and reliability.

Last Updated on March 13, 2025

  • In cryptocurrency, privacy and autonomy are critical priorities for many traders and investors. For those who value their privacy, non-KYC (Know Your Customer) exchanges offer a unique way to trade crypto without disclosing personal information.

    Unlike traditional platforms that require detailed verification processes, non-KYC exchanges allow users to maintain anonymity, often with faster onboarding and fewer restrictions.

    In this guide, we’ll explore the best non-KYC crypto exchanges available, highlighting their features, pros, and cons so you can choose the ideal platform for private and secure trading without compromising reliability or functionality.

    Best Crypto Exchanges Without KYC

    1. Phemex– Best Crypto Futures Trading no KYC Exchange
    2. BingX– Best no kyc crypto exchange
    3. PrimeXBT– Best crypto leverage Trading with no KYC Exchange
    4. Poloniex– best crypto exchange without KYC
    5. BYDFi– best crypto anonymous without KYC

    #1. Phemex

     

    phemex exchange

     

    Phemex, established in 2016 by former Morgan Stanley executives in Singapore, has gained recognition for its user-centric design and professional-grade trading features.

    This exchange provides a non-KYC option, allowing users to trade without undergoing identity verification, a factor that appeals to those who prioritize privacy.

    Phemex has multiple KYC verification tiers, and the basic one only requires verifying your email address. As a non-KYC verified user, you will enjoy unlimited crypto deposits and trading with a daily withdrawal limit of up to $50.00K.

    phemex kyc

     

    Phemex also offers leverage of up to 100x on Bitcoin and Ethereum and up to 50x on other cryptocurrencies, enabling users to amplify their positions while managing risk carefully.

    Phemex has a competitive fee structure, which is especially attractive for futures and perpetual contracts. The maker and taker fees for contract trading are 0.01% and 0.06%, respectively. For spot trading, the fee is 0.1% for both maker and taker fees.

    Popular futures trading pairs on Phemex include BTC/USD, ETH/USD, and XRP/USD, covering major assets with significant liquidity.

    This selection supports various trading strategies, from conservative to high-risk leverage positions. Phemex also provides multiple order types, such as market, limit, and conditional orders, giving traders the flexibility to execute their strategies with precision.

    Beyond futures, Phemex has expanded to include spot trading, staking, and savings products, making it a well-rounded platform for high-risk traders and those looking to earn passive income.

    Its professional design, ease of use, and no-KYC option make Phemex a competitive choice for privacy-conscious traders and those seeking a comprehensive suite of crypto trading features.

     

    #2. BingX

     

    bingx exchange

    BingX, founded in Singapore in 2018, has quickly become a reputable player in the cryptocurrency exchange landscape, especially for traders seeking non-KYC (Know Your Customer) options.

    Established by a team of blockchain enthusiasts and fintech experts, BingX’s focus on privacy-friendly and accessible trading makes it attractive to users who prioritize anonymity.

    As a non-KYC user, you can execute unlimited traders and withdraw up to 20,000 USDT daily. However, you must complete KYC verification if you wish to deposit fiat.

    bingx kyc

     

    Apart from being a non-KYC crypto exchange, the platform offers high leverage on futures contracts, allowing traders to access leverage up to 125x on specific futures trading pairs.

    This high leverage can appeal to experienced traders looking to maximize returns on smaller capital, though it also implies higher risk.

    In terms of fees, BingX maintains competitive rates on futures and perpetual.

    For regular users, trading fees for futures and perpetual contracts start at 0.0200% for makers and 0.0500% for takers. VIP users can enjoy further fee reductions depending on their trading volume and account type.

    These low fees and no-KYC registration make it a compelling choice for those interested in frequent, leveraged trading.

    Popular futures trading pairs on BingX include BTC/USDT, ETH/USDT, XRP/USDT, and other high-liquidity assets. This diverse selection lets traders speculate on well-established and emerging digital assets.

    BingX also offers a variety of order types to accommodate different trading strategies, such as limit orders, market orders, and stop-limit orders. The platform’s user-friendly interface further enhances its appeal, catering to beginners and advanced traders.

    BingX’s combination of high leverage, low fees, popular trading pairs, and diverse order types makes it an optimal choice for traders seeking a reliable non-KYC crypto exchange.

    The platform also incorporates copy trading, allowing users to follow and replicate the trades of experienced traders, thus broadening its accessibility to those new to the market.

     

     

    #3. BYDFi

     

    BYDFi

     

    BYDFi, founded in Singapore in 2020, has carved a niche in the crypto space as a versatile non-KYC exchange that prioritizes user accessibility and innovation. The platform’s creation stemmed from a vision to bring cryptocurrency trading to a broader audience, particularly for users seeking privacy and convenience.

    As a non-KYC verified user, you will enjoy unlimited deposit and trading, and your daily withdrawal limit is set at 5 BTC. However,  BYDFi requires fiat deposit users to complete KYC verification before initiating withdrawals.

    BYDFi offers leverage of up to 200x on major futures pairs, allowing traders to maximize their exposure to popular digital assets while managing risks.

    Regarding fees, BYDFi keeps its costs competitive to attract new and seasoned traders. For futures and perpetual contracts, the platform charges a taker fee of 0.06% and a maker fee of 0.02%, which are comparatively lower than the average rates found across other non-KYC exchanges.

    This fee structure and leverage offerings make BYDFi particularly appealing to active traders and those employing high-frequency trading strategies.

    Popular futures trading pairs on BYDFi include BTC/USDT, ETH/USDT, and a variety of altcoins that cover both established and emerging markets.

    This mix allows traders to capitalize on market trends across various assets. BYDFi also offers a suite of order types, including market, limit, and stop-limit orders, enabling traders to execute complex strategies and enhance their trading precision.

    BYDFi’s straightforward interface, non-KYC option, competitive fees, and variety of trading pairs make it an attractive choice for privacy-focused traders.

    The platform also includes additional features, such as social trading, which allows users to follow and replicate the strategies of experienced traders.

    This feature helps new traders navigate the market while benefiting from expert insights. BYDFi’s balance of privacy, flexibility, and cost-efficiency positions it as a solid choice among non-KYC crypto exchanges.

     

    #4. CoinW

     

    coinw

     

    CoinW, founded in 2017 and based in Dubai, UAE, is a cryptocurrency exchange that has grown in popularity due to its focus on privacy, user accessibility, and a broad range of trading options.

    By not mandating KYC (Know Your Customer) verification for primary account usage, CoinW appeals to privacy-conscious traders who prefer a streamlined registration process without identity verification.

    CoinW has multiple levels of KYC, and the basic one only requires you to verify your email. As an unverified user, you can deposit, trade, and withdraw up to 2BTC per day. However, you won’t have access to other features like buying crypto using fiat, CoinW card, or P2P trading.

    coinw kyc

     

    The exchange also supports futures trading with leverage options of up to 200x on select pairs, allowing users to amplify their positions and trading potential.

    The fee structure on CoinW is designed to be competitive and user-friendly. For futures and perpetual trading, maker fees are typically around 0.04%, while taker fees hover at 0.06%, making the exchange appealing to active and passive traders.

    For spot trading, fees are similarly low, adding to CoinW’s appeal for those engaged in frequent trading.

    CoinW provides access to various popular futures trading pairs, such as BTC/USDT, ETH/USDT, and a wide selection of altcoin pairs, catering to both mainstream and niche markets.

    This variety in trading pairs enables users to diversify their trading strategies and access a broader spectrum of the crypto market. The platform supports various order types, including market, limit, and stop-loss orders, giving traders flexibility in managing their positions and risks.

    In addition to futures trading, CoinW offers spot trading, staking, and lending services, allowing users to earn passive income through various means.

    CoinW’s straightforward interface, robust leverage options, competitive fees, and non-KYC structure make it attractive for traders who value privacy and a comprehensive suite of trading features.

    These attributes have helped CoinW become a noteworthy option for beginner and advanced traders seeking a non-KYC exchange with extensive trading options.

     

    #5. FameEX

     

    FameEX

     

    FameEX, launched in 2018 and based in Australia, is a cryptocurrency exchange that has quickly garnered attention for its non-KYC trading options, offering privacy-conscious traders an accessible platform for futures and spot trading.

    Founded by a team of blockchain enthusiasts and financial experts, FameEX provides a robust set of features designed to meet the needs of both novice and experienced traders.

    As an unverified user, you can execute unlimited trades, deposit funds, and a 2,000 USDT daily withdrawal limit. By becoming a verified user, you can increase your daily withdrawal limit to 30000 USDT.

    fameex kyc

     

    With leverage up to 100x available on specific futures contracts, FameEX offers ample opportunities for users to capitalize on market movements with relatively small capital.

    The fee structure at FameEX is competitive, with futures trading fees starting at 0.0200% for makers and 0.0600% for takers, allowing for cost-effective trading, especially for high-frequency traders.

    This low-fee model appeals to those actively engaged in the market and looking to maximize their returns. Additionally, the platform has a straightforward withdrawal fee structure, which helps users efficiently manage trading costs.

    FameEX features a range of popular futures trading pairs, including BTC/USDT, ETH/USDT, and a selection of altcoins. This mix of primary and emerging assets enables traders to diversify their portfolios across high-liquidity and high-volatility options.

    FameEX supports a comprehensive set of order types, such as market orders, limit orders, and conditional orders, enabling users to execute nuanced trading strategies.

    In addition to futures, FameEX offers spot trading and staking options, allowing users to engage in various activities under one platform.

    FameEX’s non-KYC model, broad leverage options, competitive fees, and user-friendly interface make it an appealing choice for those seeking a privacy-focused exchange with advanced trading capabilities.

    The platform’s versatility and cost efficiency are key factors contributing to its growing popularity in the non-KYC exchange space.

    #6. PrimeXBT

     

    primexbt

    PrimeXBT, founded in 2018 and headquartered in Seychelles, is a prominent crypto trading platform that offers privacy-focused trading options without requiring KYC (Know Your Customer) verification. This feature appeals to traders who value anonymity and ease of access.

    PrimeXBT does not require you to complete your KYC, and you will receive the standard $20,000 daily crypto withdrawal limit and the $2,000 money deposit limit. However, by verifying your account, you can eliminate these limitations.

    PrimeXBT is also known for its advanced trading tools, catering to cryptocurrency and traditional asset markets, allowing users to diversify their strategies on one platform.

    One of PrimeXBT’s key offerings is high leverage, providing up to 200x leverage on major cryptocurrency pairs like BTC/USD and traditional assets such as forex, commodities, and indices.

    This leverage can help traders amplify their positions and take advantage of price movements across various markets. However, while high leverage can increase potential profits, it also carries higher risks, making it more suitable for experienced traders.

    PrimeXBT charges a competitive fee structure designed to support active trading.

    For cryptocurrency pairs, the trading fee is 0.01% for a maker and 0.02% for a taker. PrimeXBT’s low fees are a significant advantage for those who trade frequently, as costs are minimized, especially on large volumes.

    Popular trading pairs on PrimeXBT include BTC/USD, ETH/USD, other significant digital assets, and traditional markets. PrimeXBT also supports multiple order types, including market, limit, stop-loss, and take-profit orders, giving traders the tools to implement various strategies.

    Additionally, the platform offers Covesting, a unique feature that allows users to copy the trades of experienced traders, allowing beginners to learn from seasoned market participants.

    PrimeXBT’s emphasis on privacy, extensive leverage, low fees, and diversified trading options across crypto and traditional markets make it a versatile choice for traders.

    Its no-KYC model further enhances its appeal, drawing in crypto enthusiasts and traditional traders looking for a comprehensive, privacy-focused trading platform.

    #7. Poloniex

     

    Poloniex

     

    Poloniex, established in 2014 and based in Boston, Massachusetts, offers a range of cryptocurrency trading options, including spot trading, futures, and staking.

    Known for its user-friendly platform, Poloniex supports more than 400 cryptocurrencies, catering to users interested in popular coins like Bitcoin (BTC), Ethereum (ETH), and niche altcoins.

    For KYC, Poloniex has multiple tiers. It’s a level 1 tier that only requires email verification. It offers unlimited trading and deposits; your daily withdrawal limit is $10,000.

    The platform provides up to 75x leverage for futures trading, which appeals to users who want to increase their trading positions with minimal capital.

    Poloniex’s fee structure is competitive, particularly for futures, with maker fees at 0.0150% and taker fees at 0.0500% for leveraged futures trades.

    Spot trading charges you a fee of 0.2000% as maker/taker fees.

    Order types on Poloniex include market, limit, and stop-limit orders, which are suitable for primary and advanced trading.

    Unique to Poloniex is the “TrollBox,” a community feature where traders discuss strategies and market trends in real-time. The platform is also accessible via a mobile app, offering on-the-go trading with functionalities similar to the desktop version.

    While Poloniex has experienced past security challenges and regulatory scrutiny, it remains competitive for non-U.S. users due to its low fees, wide selection of assets, and advanced trading options.

    Conclusion

    In conclusion, choosing the proper cryptocurrency exchange hinges on individual preferences for privacy, security, fees, and trading features.

    Non-KYC exchanges like BingX, Phemex, BYDFi, CoinW, FameEX, and PrimeXBT offer unique advantages for users who prioritize anonymity and advanced trading options.

    However, it’s crucial to research each platform thoroughly and be mindful of legal considerations in your jurisdiction before engaging in trading activities on these exchanges.

    About the Authors

    Hi, I'm Larry Jones, an Financial Management graduate from Franklin University, where I focused on Finance. With a deep passion for trading and investing, I've immersed myself in the dynamic world of financial markets. Currently, I dedicate my time to trading while also educating others about the exciting opportunities in cryptocurrencies. Through my experience and expertise, I aim to make complex financial concepts accessible to everyone. Whether you're a seasoned trader or new to the world of investing, my goal is to provide you with valuable insights and practical knowledge to help you navigate the world of cryptocurrencies with confidence.