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BitMart vs SafeTrade

SafeTrade has the higher grade on both axes: Safety 5.7 against 3.8, and Privacy 5.8 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 →

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

BitMartSafeTrade
Category No-KYC Exchanges No-KYC Exchanges
KYC policy ID mandatory No ID mentioned
Custody Custodial Custodial
Sign-up Not published 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 Crypto, Monero
Fees Not published 0.10% maker / 0.10% taker on listed pairs (fees page)
Limits Level 0: no withdrawals; Level 1: 0.06 BTC per day, no trading; Level 2 (ID + face): trading and higher limits Not published
Founded Not published 2018
Jurisdiction Cayman Islands (governing law) Panama
Incidents on record 0 0
Published tests (180 days) 0 0

Only BitMart

May request ID

Both

CustodialClosed sourceRuns an affiliate programme

Only SafeTrade

Requires emailNo phone neededAccepts Monero5+ years operatingLegal entity disclosed

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 SafeTrade safer?

SafeTrade has the higher Safety grade: BitMart 3.8, SafeTrade 5.7, out of 10.

Does BitMart or SafeTrade require KYC?

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

Which has more incidents on record?

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

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