Privacy remains a important consideration while dealing in cryptocurrency, drawing many users toward exchanges that waive off Know Your Customer (KYC) requirements.
No-KYC exchanges enable anonymous trading, letting traders avoid disclosing sensitive personal information.
This guide highlights the top crypto futures exchanges with no KYC, their features, fees, and why they stand out for privacy-focused traders.
We start with Bexback, leading the pack for its advanced features and high-leverage offerings, followed by other excellent options such as BingX, PrimeXBT, Uniswap, and GhostSwap. Let’s explore each platform and what makes it unique.
Table of Contents
Bexback
Launched in 2023 and headquartered in Seychelles, Bexback is a revolutionary crypto futures platform designed with privacy and performance in mind.
The platform allows users to trade anonymously while enjoying advanced trading features. Bexback’s commitment to decentralization and user experience has quickly established it as a top choice for traders who value anonymity and efficiency.
Features
No-KYC Policy: Bexback does not infringe on any user’s privacy as it does not force any personal information upon its users when creating an account or when trading.
High Leverage: Targeted at professional traders, trade your preferred cryptocurrency futures with leverage of up to 100x.
Diverse Asset Support: A vast and extensive list of cryptos and trading pairs.
Global Access: The site is is currently accessible in over 200 countries around the world.
Robust Security: Supports the storage of funds in the cold wallet and uses multi-signature technology to protect them.
Fees
Trading Fees: The average commission for per trade is 0.75% for both opening and closing positions.
Deposit/Withdrawal Fees: None at all which make it quite cheap to implement. However, the users are subjected to network charges based on the type of the cryptocurrency involved.
Rates and Promotions
100% Deposit Bonus: Doubles users deposit (for example 1 BTC deposit will be doubled to 2 BTC maximum of 10 BTC). Earnings made out of this bonus can be withdrawn.
$50 Welcome Bonus: Deposited immediately after the first trade in the account and can be used to offset losses.
Why Bexback Stands Out
Bexback offers one of the highest leverage among other crypto trading platforms. It is fast and has secure operations and due to the absence of KYC, Bexback is truly Anonymous, Friendly, and Safe.
Bexback is suitable as it offers high risk and high reward opportunities for traders.
BingX
BingX is a very popular crypto trading platform that wide range of financial instruments, including crypto futures. It was founded in 2018 and is headquartered in Singapore
BingX also Offers Spot, Derivatives, Copy, and Grid Trading Services. BingX has one of the lowest fee for crypto spot trading. The exchange offers an impressive selection of 530 different cryptocurrencies that is tradeable in 548 different trading pairs.
Features
No-KYC Option: Buy and sell goods without the need to provide identification information.
Leverage: Offers 125x leverage on cryptocurrency futures.
Copy Trading: Copy the expert investors and traders to gain maximum benifits.
Mobile-Friendly: A responsive and optimized Mobile App for trading on the go.
Security: Uses two-factor authentication and cold storage wallets.
Fees
Futures Trading Fees:
- Makers: 0.045%, with discounts down to 0.02%.
- Takers : 0.075%, with discounts down to 0.04%.
Higher trading volumes lead to further fee reductions, potentially reaching 0% for makers at the highest VIP levels.
Spot Trading Fees:
- Standard fees: 0.1% for both makers and takers.
- Discounts are available for VIP users and based on cumulative trading volume.
Why BingX Stands Out
It is one of the more recognised brand names in the industry. BingX has advanced trading features and no-KYC policy.
PrimeXBT
PrimeXBT stands out for its multi-asset offerings, supporting crypto, forex, commodities, and indices.
Also Read, PrimeXBT Review – Lowest Futures Trading Fees EVER!
The platform is designed for the professional level. PrimeXBT is currently very popular with traders who seek variety in investment solutions.
Features
No-KYC Policy: Provides users anonymity together with daily deposit and withdrawal of up to $20,000.
High Leverage: This means up to 100x for cryptocurrencies and up to 1000x for forex trading.
Multi-Asset Trading: A traditional and crypto assets consolidate in one place.
Advanced Tools: API and configurable trading interfaces are provided.
Security: Supports multiple signature wallets, Distributed Denial of Service Protection and cold storage.
Fees
- Trading Fees: Maker 0.01%, Taker 0.05%
- No Deposit Fees
PrimeXBT offers some of the lowest fees among no-KYC exchanges, making it ideal for high-frequency trading.
Why PrimeXBT Stands Out
PrimeXBT is a go-to terminal for a trader who wants to have access to various assets and advanced features. Its low trading costs and privacy, it earns its spot as one of the best brokers for serious traders.
HyperLiquid
HyperLiquid is a next-generation decentralized exchange focused on providing a seamless and efficient trading experience for crypto futures enthusiasts. Designed for both novice and seasoned traders, it offers high performance without compromising user privacy.
Features
- No-KYC Policy: HyperLiquid prioritizes user anonymity, enabling traders to participate without submitting any personal information.
- High-Speed Transactions: Built with advanced architecture, HyperLiquid ensures minimal latency and high-speed order execution.
- Leverage Options: Offers up to 100x leverage, catering to traders seeking to maximize their market exposure.
- Cross-Margin Support: Flexible margin options to help traders manage their positions effectively.
- Secure Infrastructure: Employs decentralized mechanisms, cold storage, and robust smart contracts to safeguard user funds.
Fees
- Trading Fees: Maker fee 0.02%, Taker fee 0.06%.
- No Deposit/Withdrawal Fees: Transactions are only subject to standard network fees.
Why HyperLiquid Stands Out
HyperLiquid combines the advantages of decentralization with high-performance trading tools, making it an attractive choice for privacy-conscious traders. Its user-friendly interface and competitive fee structure position it as a reliable platform for futures trading.
dYdX
dYdX was founded in August 2017 by ex-Coinbase engineer Antonio Juliano. It has become one of the most well known names in the crypto market. It is the largest decentralized cryptocurrency trading platform by volume.
dYdX offers up to 20x leverage on its perpetual contracts. The platform focuses on perpetual trading with decentralized order matching and uses layer-2 technology to ensure low fees and high-speed transactions.
Features
No-KYC Policy: It keeps all the users anonymous and their information secure from everyone else.
dYdX Chain: The dYdX Chain is a fully decentralized, independent Layer 1 network.
Discounts and Incentives: Through initiatives like NFT-based Hedgies, dYdX offers trading fee discounts to loyal users.
Fast Transactions: Real-time trading experience with very little latency.
Non-Custodial: The use of assets is in full control of users.
Fees
Tiered Fee Structure:
- Fees are determined by your total 30-day trading volume, measured in USD across all perpetual order books.
- For Tier 1 (under $100,000):
- Taker Fee: 0.05%
- Maker Fee: 0.02%
- Higher trading volumes enjoy reduced fees, with Tier 5 (above $1 billion) offering:
- Taker Fee: 0.025%
- Maker Fee: 0.00% (free)
Final Thoughts
It is important to understand that each operates with different benefits that are suitable for any trade specifications. Taking the lead with high leverage, competitive fee, and simplicity of the platform, Bexback has all it takes for success. Such as, in copy trading BingX stands out, while in multi asset trading PrimeXBT is the one to remember.
Just as with stocks, there are few essential factors to take into account before diving into futures trading – your risk and the platform. The inherent anonymity of these No-KYC forums would afford the tools and procedural anonymity necessary to compete in the constantly evolving crypto-climate.
FAQs
Are No-KYC exchanges safe?
It depends on the platform. Exchanges like Bexback, PrimeXBT, and BingX have security measures like cold storage, two-factor authentication, and decentralized frameworks to ensure privacy.
What are the advantages of No-KYC exchanges?
Some of the avantages include greater privacy and anonymity along with faster account setup and withdrawals and it also offers accessibility in regions with strict crypto regulations.
Can I trade with high leverage on No-KYC platforms?
Yes, platforms like Bexback (150x) and BingX (125x) offer high leverage for futures trading.
Do No-KYC exchanges charge higher fees?
Not necessarily. Many No-KYC platforms, such as Bexback and PrimeXBT, offer competitive fees comparable to or lower than KYC exchanges.
