TOP 7 No KYC Crypto Exchanges in 2025

Trading cryptocurrency without ID verification is possible in 2025. Many exchanges let you trade crypto anonymously with no KYC checks.

These no-KYC crypto exchanges help you maintain privacy and start trading quickly.

Below we list the best crypto exchanges with no KYC requirements. Each platform offers crypto futures trading without the need to submit documents or personal data.

We also highlight deposit and withdrawal limits for unverified users, and any tiered KYC policies to note. Short, punchy facts will help you compare these top exchanges.

Summary

• Hyperliquid: Fully decentralized, no KYC, wallet-based, 50× leverage.
• PrimeXBT: High leverage (up to 200×), $20k daily withdrawal limit without KYC.
• BYDFi: Up to 200× leverage, daily withdrawal of 0.5 BTC without KYC.
• MEXC: Optional KYC, high withdrawal limit (10 BTC/day), extensive coin variety.
• BingX: Social/copy trading, 20,000 USDT daily withdrawal without KYC, 100× leverage.
• dYdX: Decentralized, wallet-based, no withdrawal limits, ~20× leverage.
• CoinEx: No KYC needed, daily withdrawal limits up to $10k.

1. Hyperliquid — Decentralized No-KYC Perpetuals Exchange

Hyperliquid is a non-custodial perpetual futures exchange with no KYC required at all. You simply connect a crypto wallet, deposit USDC, and can start trading within seconds.

There are no identity checks or approval steps. Yet you still get a fast trading experience similar to a CEX, with up to 50× leverage.

• KYC Policy: No KYC ever needed — truly anonymous trading. No ID, no selfie, no verification process.
• Withdrawal Limits: No centralized limits since you hold funds in your own wallet. Withdrawals are on-chain and not capped by the platform.
• Trading Features: 100+ perpetual futures markets with up to 50× leverage. Low fees and high-speed order execution on Hyperliquid’s custom Layer-1 chain.
• Notable: Hyperliquid combines CEX-level speed with DEX-level freedom. It’s ideal for traders who want privacy and direct wallet control.

2. PrimeXBT — High Leverage Trading without KYC

PrimeXBT allows trading crypto and other assets with no mandatory KYC by default. Users can sign up with just an email and trade crypto futures with up to 200× leverage.

It even offers CFDs on forex, commodities, and indices — all accessible without ID verification. This lets you diversify into multiple markets anonymously.

• KYC Policy: No verification required to trade or withdraw crypto. However, unverified accounts face a $20,000 daily withdrawal limit, and lifting this (or using fiat services) requires identity verification.
• Deposit & Withdrawal: Crypto deposits are accepted (BTC, ETH, USDT, etc). Unverified users can withdraw up to $20k equivalent per day, while verified accounts have no crypto withdrawal limit.
• Trading Features: Offers perpetual futures on major cryptos and supports margin trading with 100×–200× leverage. PrimeXBT also features copy trading and a robust interface with advanced trading tools.
• Notable: No US clients are accepted. PrimeXBT is great for experienced traders seeking high leverage and access to crypto and traditional markets without red tape.

3. BYDFi — No-KYC Exchange (0.5 BTC Daily Without Verification)

BYDFi (formerly BitYard) is a popular no-KYC crypto exchange known for its futures offerings. Users can trade anonymously with no ID. The platform supports a wide range of altcoins.

KYC is only required if you exceed certain withdrawal limits or want to use fiat deposit/withdrawal services.

• KYC Policy: Not required for basic trading. You can trade without verification, but identity checks are needed to raise your withdrawal limits.
• Withdrawal Limits: Non-KYC accounts can withdraw up to 0.5 BTC per day. Withdrawals above this limit require KYC, and all payouts are in USDT for security.
• Trading Features: Offers 400+ perpetual futures pairs with up to 200× leverage. It also provides spot trading, and even a free demo mode for practice.
• Notable: BYDFi is one of the few no-KYC exchanges available in the US and Canada. This makes it a rare option for North American users to trade crypto futures without full KYC compliance.

4. MEXC — Large Exchange with Optional KYC

MEXC is a major exchange that does not enforce KYC by default. New users can sign up with just an email and immediately trade hundreds of cryptocurrencies.

Unverified accounts can withdraw up to 10 BTC per day — a very high limit. The exchange also offers a huge selection of coins and derivative products.

• KYC Policy: Tiered KYC, but optional for moderate use. MEXC offers three account levels — unverified, primary KYC, and verified plus — with higher tiers unlocking higher limits.
• Withdrawal Limits: Unverified users can withdraw up to 10 BTC per 24h. Exceeding this limit (or certain activities) will prompt you to complete verification.
• Trading Features: Offers a wide range of products, from spot and margin trading to futures and leveraged ETFs. MEXC lists 1600+ coins, and its futures markets have variety and competitive fees.
• Notable: MEXC is not officially available to US residents. The platform can request KYC if policies change, but otherwise remains a go-to exchange for high-volume trading without ID.

5. BingX — Social Trading & Futures, No KYC (20k USDT Limit)

BingX is known for its copy-trading features and derivatives markets. It allows users to trade futures and even mirror top traders’ strategies without any mandatory KYC.

You can sign up quickly and trade anonymously. This approach appeals to many global users outside of restricted regions.

• KYC Policy: Optional. BingX does not require identity verification unless you need higher limits.
• Withdrawal Limits: Unverified accounts can withdraw up to 20,000 USDT per day. Advanced KYC raises this limit significantly (up to 5,000,000 USDT).
• Trading Features: Offers a variety of USDT-margined perpetual futures (up to 100× leverage on major pairs). A standout feature is copy trading, letting you follow expert traders’ strategies without any ID verification.
• Notable: Not available in the US or some restricted regions. BingX’s blend of social trading and no-KYC withdrawals makes it a unique choice for aspiring traders.

6. dYdX — Decentralized Perpetuals for Advanced Traders

dYdX is a decentralized exchange for perpetual futures with no KYC (it’s non-custodial, so you trade directly from your wallet). This setup offers full privacy and control via smart contracts, but is geared towards experienced traders.

• KYC Policy: No KYC at all — just connect a Web3 wallet (for example, MetaMask) to start trading. There are no accounts to create and no personal info required.
• Withdrawal Limits: No fixed withdrawal limits — you control your funds and can withdraw to your wallet at any time. Note: dYdX is not accessible to US or Canadian users due to regulations.
• Trading Features: Offers 35+ perpetual contract markets with competitive fees and up to ~20× leverage. dYdX provides advanced charting, diverse order types, and high liquidity for a DEX (Layer-2 tech keeps gas costs low).
• Notable: dYdX runs on a Layer-2 blockchain with no central authority (you’ll need some ETH for gas fees). It’s a powerful no-KYC alternative to using centralized futures platforms for privacy-conscious traders.

7. CoinEx — Easy Crypto Trading with No Verification

CoinEx is an established exchange that lets you trade and withdraw crypto without verifying your identity. It’s user-friendly and supports hundreds of coins.

This platform has long been a favorite for traders looking to stay under the radar. Note: US customers are no longer accepted on CoinEx.

• KYC Policy: Not required for general use. CoinEx won’t ask for KYC unless you engage in restricted activities or suspicious transactions.
• Withdrawal Limits: Unverified users can withdraw up to about $10,000 USD per day (and $50,000 per month). Higher withdrawals will require completing KYC verification.
• Trading Features: Supports 600+ coins for spot trading and offers futures on many pairs, along with margin trading and even yield-earning products. Fees start at 0.2%.
• Notable: CoinEx operates globally (Europe, Asia, and more) but has stopped serving US users as of 2023. For everyone else, it remains a solid no-KYC platform with a long track record since 2017.

Tips for Trading on No-KYC Exchanges

Using exchanges without KYC gives you more privacy, but it also comes with responsibilities. Here are some quick tips to trade safely and smartly on no-KYC crypto platforms:

• Start Small: When using a new no-KYC exchange, test it with a small deposit and withdrawal first. This way you can build trust in their process before committing larger funds.
• Enable 2FA: Always turn on two-factor authentication and set strong passwords. Since your account isn’t backed by a verified identity, security is paramount to prevent unauthorized access.
• Stay Within Limits: Keep track of withdrawal limits for unverified users. If you need to withdraw more, plan accordingly or consider completing KYC to avoid getting stuck.
• Be Mindful of VPNs: Many no-KYC platforms restrict certain countries, so using a VPN might be tempting — but it can violate their terms. If the exchange detects a VPN, your funds could be locked.
• Don’t Store Too Long: Consider moving profits to your personal wallet regularly. No-KYC exchanges have less oversight, so it’s not wise to keep all your funds on a single platform for too long.

How to Choose the Right No KYC Exchange?

• Privacy-first futuristic trading: Go with Hyperliquid or dYdX if you want true anonymity and decentralization.
• High leverage with CEX feel: PrimeXBT and BYDFi offer easy access, high leverage, and no-KYC options.
• Big crypto variety: MEXC and CoinEx shine for coin selection but note US access may be restricted.
• Social/copy trading fans: BingX blends futures with community-powered strategies.

Frequently Asked Questions

Do no-KYC exchanges for futures exist?
 Yes — exchanges like Hyperliquid, dYdX, PrimeXBT, BYDFi, MEXC, BingX, and CoinEx let you trade futures without mandatory KYC.

Can I withdraw large amounts anon?
 Limits vary: Hyperliquid/dYdX have no platform caps; PrimeXBT and BingX cap daily withdrawals; BYDFi allows 0.5 BTC/day.

What about leverage?
 Leverage ranges from ~20× (dYdX) up to 200× (PrimeXBT, BYDFi), depending on the platform.

What is a no-KYC crypto exchange?
It’s a cryptocurrency trading platform that does not require identity verification (no ID documents needed). You can open an account and trade without submitting personal information.

Are no-KYC exchanges safe and legal?
Yes — using no-KYC exchanges is generally legal, as long as the platform isn’t banned in your region. These exchanges are legitimate, but since they don’t verify users, you should use extra precautions and stick to reputable platforms.

Which no-KYC crypto exchange is best for futures trading?
For anonymous crypto futures trading, Hyperliquid and dYdX are top choices due to their no-KYC policy and high-performance platforms. If you prefer a traditional exchange interface, BYDFi and PrimeXBT also offer high-leverage futures without verification.

Trade privately, but trade responsibly!

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