LMEX vs SafeTrade
SafeTrade has the higher grade on both axes: Safety 5.7 against 4.3, and Privacy 5.8 against 2.4.
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 →
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
| LMEX | SafeTrade | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID on risk flag | No ID mentioned |
| Custody | Custodial | Custodial |
| Sign-up | Email required | Email required |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, XMR, SOL | BTC, USDT, XMR, LTC, DOGE, ETH, SOL, USDC |
| Pay with | Crypto, Monero | Crypto, Monero |
| Fees | Not published | 0.10% maker / 0.10% taker on listed pairs (fees page) |
| Limits | Not confirmed: the official help centre was unavailable (account suspended) during this review | Not published |
| Founded | Not published | 2018 |
| Jurisdiction | British Virgin Islands | Panama |
| Not available in | Terms: United States, Belarus, Canada, Cuba, Eritrea, Iran, North Korea, Syria, Singapore, Taiwan, Russia and Venezuela | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only LMEX
May request IDExcludes US users
Both
CustodialRequires emailAccepts MoneroLegal entity disclosedClosed sourceRuns an affiliate programme
Only SafeTrade
No phone needed5+ years operating
Where they sit among no-kyc exchanges
Questions
Is LMEX or SafeTrade safer?
SafeTrade has the higher Safety grade: LMEX 4.3, SafeTrade 5.7, out of 10.
Does LMEX or SafeTrade require KYC?
LMEX is KYC level 3 (ID on risk flag). SafeTrade is KYC level 1 (no ID mentioned).
Which has more incidents on record?
LMEX has 0 and SafeTrade has 0 documented incidents in the registry.