CoinEx vs NestEx
It is a trade-off. CoinEx has the higher Safety grade (4.5 against 3.8), while NestEx has the higher Privacy grade (3.0 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 →
NestEx
Small custodial altcoin exchange that states it never requests KYC
Privacy
3.0/ 10
Poor
Safety
3.8/ 10
Poor
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| CoinEx | NestEx | |
|---|---|---|
| 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 optional |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, USDT, LTC, BCH | BTC, ETH, USDT |
| Pay with | Crypto | Crypto |
| Fees | Spot VIP 0: 0.2% / 0.16% (fees page; lower tiers with VIP level) | Fees are listed in-platform; a 'dump fee' on sell orders starts at 0.1% and rises to as much as 10% while an asset is falling sharply |
| 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. | Accounts holding under $1,000: withdrawals processed at 10:00 UTC, up to 5 auto-approved per day. Earn deposits capped at 15,000 USDT per account. |
| Founded | 2017 | Not published |
| 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) | China and its SARs, United States, European Union, United Kingdom, Singapore, Korea, Japan, Middle East, Iran and other high-risk regions |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only CoinEx
Closed sourceMay request IDRequires email5+ years operatingRuns an affiliate programme
Both
CustodialAML screeningExcludes US users
Only NestEx
No email neededNo phone neededAnonymous operator
Where they sit among no-kyc exchanges
Questions
Is CoinEx or NestEx safer?
CoinEx has the higher Safety grade: CoinEx 4.5, NestEx 3.8, out of 10.
Does CoinEx or NestEx require KYC?
CoinEx is KYC level 3 (ID on risk flag). NestEx is KYC level 3 (ID on risk flag).
Which has more incidents on record?
CoinEx has 0 and NestEx has 0 documented incidents in the registry.