Lighter vs NonKYC.io
Lighter has the higher grade on both axes: Safety 6.2 against 3.8, and Privacy 7.5 against 5.3.
Lighter
Zero-fee perpetuals and spot order book on an Ethereum layer 2, used with your own wallet
Privacy
7.5/ 10
Strong
Safety
6.2/ 10
Fair
No ID mentioned KYC 1 Docs reviewed Full review →
NonKYC.io
Centralised spot exchange for small-cap coins that markets itself as KYC-free
Privacy
5.3/ 10
Caution
Safety
3.8/ 10
Poor
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| Lighter | NonKYC.io | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | No ID mentioned | No ID mentioned |
| Custody | Non Custodial | Custodial |
| Sign-up | No account needed | Email required |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | USDC, ETH, BTC, LIT | BTC, ETH, USDT, XMR, LTC |
| Pay with | Crypto | Crypto |
| Fees | Standard accounts: 0% maker and taker on regular orders, 0.01% on TWAP/advanced orders and RFQ; Premium/Advanced from 0.004% maker / 0.028% taker | Not published |
| Founded | Not published | 2023 |
| Jurisdiction | Not published | Seychelles (per exchange-tracking sites) |
| Not available in | United States, Canada, United Kingdom, China, North Korea, Russia, Ukraine, Cuba, Iran, Venezuela, Syria | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Lighter
No registrationNo email neededNo phone neededNon-custodialExcludes US users
Both
Nothing distinct
Only NonKYC.io
CustodialClosed sourceAnonymous operatorRequires email
Where they sit among no-kyc exchanges
Questions
Is Lighter or NonKYC.io safer?
Lighter has the higher Safety grade: Lighter 6.2, NonKYC.io 3.8, out of 10.
Does Lighter or NonKYC.io require KYC?
Lighter is KYC level 1 (no ID mentioned). NonKYC.io is KYC level 1 (no ID mentioned).
Which has more incidents on record?
Lighter has 0 and NonKYC.io has 0 documented incidents in the registry.