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BitMart vs dYdX

dYdX has the higher grade on both axes: Safety 7.0 against 3.8, and Privacy 7.7 against 0.6.

BitMart

Centralised exchange where trading requires full ID verification

Privacy

0.6/ 10

Poor

Safety

3.8/ 10

Poor

ID mandatory KYC 4 Docs reviewed Full review →

dYdX

Decentralised perpetuals order book on its own chain, traded from a self-custody wallet

Privacy

7.7/ 10

Strong

Safety

7.0/ 10

Strong

No ID mentioned KYC 1 Docs reviewed Full review →

Side by side

BitMartdYdX
Category No-KYC Exchanges No-KYC Exchanges
KYC policy ID mandatory No ID mentioned
Custody Custodial Non Custodial
Sign-up Not published No account needed
Open source No Yes
Tor onion address No No
Coins BTC, ETH, USDT, SOL, XRP USDC, BTC, ETH, SOL, DYDX
Pay with Crypto, Card Crypto
Limits Level 0: no withdrawals; Level 1: 0.06 BTC per day, no trading; Level 2 (ID + face): trading and higher limits Not published
Jurisdiction Cayman Islands (governing law) Cayman Islands (governing law)
Not available in Not published Perpetuals: United States, Canada (front-end terms), plus the United Kingdom (protocol software terms); all services: sanctioned territories such as Crimea, Cuba, Iran, North Korea, Donetsk and Luhansk
Incidents on record 0 0
Published tests (180 days) 0 0

Only BitMart

CustodialClosed sourceMay request IDRuns an affiliate programme

Both

Nothing distinct

Only dYdX

No registrationNo email neededNo phone neededNon-custodialOpen sourceExcludes US users

Where they sit among no-kyc exchanges

2 2 4 4 6 6 8 8 10 10 PRIVATE AND SAFE SAFE, ASKS MORE PRIVATE, LESS PROVEN PRIVACY GRADE → SAFETY GRADE → dYdX Privacy 7.7 · Safety 7.0 Hyperliquid Privacy 7.5 · Safety 6.7 NightTrader Exchange Privacy 6.5 · Safety 6.4 Lighter Privacy 7.5 · Safety 6.2 SafeTrade Privacy 5.8 · Safety 5.7 Crypton Exchange Privacy 7.4 · Safety 3.8 AltQuick Privacy 5.7 · Safety 3.8 NonKYC.io Privacy 5.3 · Safety 3.8 CoinEx Privacy 1.3 · Safety 4.5 MEXC Privacy 1.3 · Safety 4.5 LMEX Privacy 2.4 · Safety 4.3 Toobit Privacy 2.4 · Safety 4.3 NestEx Privacy 3.0 · Safety 3.8 BloFin Privacy 2.4 · Safety 3.8 XT.com Privacy 2.4 · Safety 3.8 BitMart Privacy 0.6 · Safety 3.8 Pionex Privacy 0.6 · Safety 3.8 BingX Privacy 0.0 · Safety 3.5 KCEX Privacy 0.6 · Safety 3.2 Bitunix Privacy 0.0 · Safety 3.2
Trade Spend Infrastructure Identity 20 services. Hover or tap a point.

Questions

Is BitMart or dYdX safer?

dYdX has the higher Safety grade: BitMart 3.8, dYdX 7.0, out of 10.

Does BitMart or dYdX require KYC?

BitMart is KYC level 4 (ID mandatory). dYdX is KYC level 1 (no ID mentioned).

Which has more incidents on record?

BitMart has 0 and dYdX has 0 documented incidents in the registry.

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