CoinEx vs dYdX
dYdX has the higher grade on both axes: Safety 7.0 against 4.5, and Privacy 7.7 against 1.3.
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 →
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
| CoinEx | dYdX | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID on risk flag | No ID mentioned |
| Custody | Custodial | Non Custodial |
| Sign-up | Email required | No account needed |
| Open source | No | Yes |
| Tor onion address | No | No |
| Coins | BTC, ETH, USDT, LTC, BCH | USDC, BTC, ETH, SOL, DYDX |
| Pay with | Crypto | Crypto |
| Fees | Spot VIP 0: 0.2% / 0.16% (fees page; lower tiers with VIP level) | Not published |
| 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. | Not published |
| Founded | 2017 | Not published |
| Jurisdiction | Not published | Cayman Islands (governing law) |
| 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) | 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 CoinEx
CustodialClosed sourceMay request IDAML screeningRequires email5+ years operatingRuns an affiliate programme
Both
Excludes US users
Only dYdX
No registrationNo email neededNo phone neededNon-custodialOpen source
Where they sit among no-kyc exchanges
Questions
Is CoinEx or dYdX safer?
dYdX has the higher Safety grade: CoinEx 4.5, dYdX 7.0, out of 10.
Does CoinEx or dYdX require KYC?
CoinEx is KYC level 3 (ID on risk flag). dYdX is KYC level 1 (no ID mentioned).
Which has more incidents on record?
CoinEx has 0 and dYdX has 0 documented incidents in the registry.