CoinEx vs LMEX
It is a trade-off. CoinEx has the higher Safety grade (4.5 against 4.3), while LMEX has the higher Privacy grade (2.4 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 →
LMEX
Spot and derivatives exchange run by a BVI company, with KYC possible at registration
Privacy
2.4/ 10
Poor
Safety
4.3/ 10
Caution
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| CoinEx | LMEX | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID on risk flag | ID on risk flag |
| Custody | Custodial | Custodial |
| Sign-up | Email required | Email required |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, USDT, LTC, BCH | BTC, ETH, XMR, SOL |
| Pay with | Crypto | Crypto, Monero |
| 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 confirmed: the official help centre was unavailable (account suspended) during this review |
| Founded | 2017 | Not published |
| Jurisdiction | Not published | British Virgin Islands |
| 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) | Terms: United States, Belarus, Canada, Cuba, Eritrea, Iran, North Korea, Syria, Singapore, Taiwan, Russia and Venezuela |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only CoinEx
AML screening5+ years operating
Both
CustodialClosed sourceMay request IDRequires emailExcludes US usersRuns an affiliate programme
Only LMEX
Accepts MoneroLegal entity disclosed
Where they sit among no-kyc exchanges
Questions
Is CoinEx or LMEX safer?
CoinEx has the higher Safety grade: CoinEx 4.5, LMEX 4.3, out of 10.
Does CoinEx or LMEX require KYC?
CoinEx is KYC level 3 (ID on risk flag). LMEX is KYC level 3 (ID on risk flag).
Which has more incidents on record?
CoinEx has 0 and LMEX has 0 documented incidents in the registry.