BloFin vs dYdX
dYdX has the higher grade on both axes: Safety 7.0 against 3.8, and Privacy 7.7 against 2.4.
BloFin
Centralised futures and spot exchange; unverified accounts can withdraw up to 20,000 USDT a day
Privacy
2.4/ 10
Poor
Safety
3.8/ 10
Poor
ID on risk flag KYC 3 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
| BloFin | dYdX | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID on risk flag | 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 | Crypto |
| Limits | Lv 0 (no documents): 20,000 USDT per 24h withdrawal; Lv 1 (ID + selfie): 1,000,000 USDT; Lv 2 (address proof): 2,000,000 USDT | Not published |
| Jurisdiction | Not published | Cayman Islands (governing law) |
| Not available in | Terms list, among others: United States, Canada, China, India, Singapore, United Arab Emirates, Iran, North Korea, Cuba, Russian-controlled regions of Ukraine, Iraq, Lebanon, Libya, Myanmar, Somalia, Sudan, Yemen, Zimbabwe | 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 BloFin
CustodialClosed sourceMay request ID
Both
Excludes US users
Only dYdX
No registrationNo email neededNo phone neededNon-custodialOpen source
Where they sit among no-kyc exchanges
Questions
Is BloFin or dYdX safer?
dYdX has the higher Safety grade: BloFin 3.8, dYdX 7.0, out of 10.
Does BloFin or dYdX require KYC?
BloFin is KYC level 3 (ID on risk flag). dYdX is KYC level 1 (no ID mentioned).
Which has more incidents on record?
BloFin has 0 and dYdX has 0 documented incidents in the registry.