CoinEx vs DFX
It is a trade-off. DFX has the higher Safety grade (6.2 against 4.5), while CoinEx has the higher Privacy grade (1.3 against 0.3).
CoinEx
Long-running centralised exchange with a $10,000 daily withdrawal limit before ID
Privacy
1.3/ 10
Poor
Safety
4.5/ 10
Caution
ID on risk flag KYC 3 Docs reviewed Full review →
DFX
Swiss bank-transfer on/off-ramp that pays out to the customer's own wallet
Privacy
0.3/ 10
Poor
Safety
6.2/ 10
Fair
ID mandatory KYC 4 Docs reviewed Full review →
Side by side
| CoinEx | DFX | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID on risk flag | ID mandatory |
| Custody | Custodial | Non Custodial |
| Sign-up | Email required | Email required |
| Open source | No | Yes |
| Tor onion address | No | No |
| Coins | BTC, ETH, USDT, LTC, BCH | BTC, ETH |
| Pay with | Crypto | Bank transfer, Crypto |
| Fees | Spot VIP 0: 0.2% / 0.16% (fees page; lower tiers with VIP level) | Standard for private individuals by bank transfer: 1.49% buy, 1.99% sell |
| Limits | Unverified: USD 10,000 per 24h and USD 50,000 per 30 days. Primary ID: USD 1,000,000 per 24h. Advanced ID: USD 5,000,000 per 24h. Privacy-coin deposits/withdrawals, fiat, P2P, mining and airdrops require ID. | Limits are set per user by DFX. Terms require KYC before any use; homepage FAQ states KYC is mandatory from CHF 1,000 per transaction. The two texts conflict. |
| Founded | 2017 | Not published |
| Jurisdiction | Not published | Switzerland |
| Not available in | United States, China, Hong Kong, Canada, European Economic Area, United Kingdom, Switzerland, Kazakhstan, Iran, North Korea, Cuba, and other comprehensively sanctioned jurisdictions (List of Prohibited Jurisdictions) | Approved for sale in Switzerland only; no business with persons in FATF high-risk jurisdictions |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only CoinEx
CustodialClosed source5+ years operatingExcludes US users
Both
May request IDAML screeningRequires emailRuns an affiliate programme
Only DFX
Open sourceOwn liquidityLegal entity disclosed
Where they sit among no-kyc exchanges
Questions
Is CoinEx or DFX safer?
DFX has the higher Safety grade: CoinEx 4.5, DFX 6.2, out of 10.
Does CoinEx or DFX require KYC?
CoinEx is KYC level 3 (ID on risk flag). DFX is KYC level 4 (ID mandatory).
Which has more incidents on record?
CoinEx has 0 and DFX has 0 documented incidents in the registry.