BingX vs SafeTrade
SafeTrade has the higher grade on both axes: Safety 5.7 against 3.5, and Privacy 5.8 against 0.0.
BingX
Centralised spot and derivatives exchange; unverified accounts can only withdraw
Privacy
0.0/ 10
Poor
Safety
3.5/ 10
Poor
ID mandatory KYC 4 Docs reviewed Full review →
SafeTrade
Small-cap spot exchange with email sign-up and no ID clause in its terms
Privacy
5.8/ 10
Fair
Safety
5.7/ 10
Fair
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| BingX | SafeTrade | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID mandatory | No ID mentioned |
| Custody | Custodial | Custodial |
| Sign-up | Email required | Email required |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, USDT, SOL, XRP | BTC, USDT, XMR, LTC, DOGE, ETH, SOL, USDC |
| Pay with | Crypto, Card, Bank transfer | Crypto, Monero |
| Fees | Not published | 0.10% maker / 0.10% taker on listed pairs (fees page) |
| Limits | Unverified: no deposits or trading, withdrawals up to 20,000 USDT per 24h. Advanced KYC: unlimited deposits, withdrawals up to 5,000,000 USDT per 24h (as stated in the help centre; may vary by region). | Not published |
| Founded | Not published | 2018 |
| Jurisdiction | Not published | Panama |
| Not available in | Disclaimer lists, among others: Afghanistan, Burundi, Cambodia, Canada, Central African Republic, Mainland China, Cuba, DR Congo, Hong Kong, Iran, Laos, Macau, Myanmar, Netherlands, North Korea, Panama, Singapore, Somalia, United Kingdom, United States, and the Crimea, Donetsk and Luhansk regions | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only BingX
May request IDAML screeningExcludes US users
Both
CustodialClosed sourceRequires emailRuns an affiliate programme
Only SafeTrade
No phone neededAccepts Monero5+ years operatingLegal entity disclosed
Where they sit among no-kyc exchanges
Questions
Is BingX or SafeTrade safer?
SafeTrade has the higher Safety grade: BingX 3.5, SafeTrade 5.7, out of 10.
Does BingX or SafeTrade require KYC?
BingX is KYC level 4 (ID mandatory). SafeTrade is KYC level 1 (no ID mentioned).
Which has more incidents on record?
BingX has 0 and SafeTrade has 0 documented incidents in the registry.