DFX vs SafeTrade
It is a trade-off. DFX has the higher Safety grade (6.2 against 5.7), while SafeTrade has the higher Privacy grade (5.8 against 0.3).
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 →
SafeTrade
Small-cap spot exchange with email sign-up and no ID clause in its terms
Privacy
5.8/ 10
Fair
Safety
5.7/ 10
Fair
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| DFX | SafeTrade | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID mandatory | No ID mentioned |
| Custody | Non Custodial | Custodial |
| Sign-up | Email required | Email required |
| Open source | Yes | No |
| Tor onion address | No | No |
| Coins | BTC, ETH | BTC, USDT, XMR, LTC, DOGE, ETH, SOL, USDC |
| Pay with | Bank transfer, Crypto | Crypto, Monero |
| Fees | Standard for private individuals by bank transfer: 1.49% buy, 1.99% sell | 0.10% maker / 0.10% taker on listed pairs (fees page) |
| Limits | 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. | Not published |
| Founded | Not published | 2018 |
| Jurisdiction | Switzerland | Panama |
| Not available in | Approved for sale in Switzerland only; no business with persons in FATF high-risk jurisdictions | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only DFX
Open sourceOwn liquidityMay request IDAML screening
Both
Legal entity disclosedRequires emailRuns an affiliate programme
Only SafeTrade
CustodialClosed sourceNo phone neededAccepts Monero5+ years operating
Where they sit among no-kyc exchanges
Questions
Is DFX or SafeTrade safer?
DFX has the higher Safety grade: DFX 6.2, SafeTrade 5.7, out of 10.
Does DFX or SafeTrade require KYC?
DFX is KYC level 4 (ID mandatory). SafeTrade is KYC level 1 (no ID mentioned).
Which has more incidents on record?
DFX has 0 and SafeTrade has 0 documented incidents in the registry.