Service overview
dYdX
dydx.trade
Decentralised perpetuals order book on its own chain, traded from a self-custody wallet
Non-custodialNo registration
Privacy 7.7/10
Safety 7.0/10
Read the evidence
BitMart review
Centralised exchange where trading requires full ID verification
Privacy score
0.6/ 10
PoorHow much you reveal
See the score breakdown Safety score
3.8/ 10
PoorHow well you’re protected
See the score breakdown Identity policy
4/ 4 KYC level
ID mandatory Read the policy Evidence
Documentation reviewed Grades based on published terms and documentation.
0 published tests Two grades. Different questions.Understand the methodology
The overview
The essentials, at a glance.
BitMart is an exchange. Its terms put it at KYC level 4 of 4: ID mandatory. NoKYC Score grades it 0.6/10 for privacy (poor) and 3.8/10 for safety (poor). To watch: it may ask for ID and holds your funds while you use it. No incidents are on record.
What stands out
No positive features confirmed yet. Check the full feature review below.
Before you use it
- May ask for ID
The terms reserve the right to demand identity documents, often after a risk flag.
- Holds your funds
The operator controls user funds while they are on the platform.
No test transactions published yet.
About BitMart
BitMart is a centralised spot and futures exchange. Its help centre KYC tutorial says an unverified (Level 0) account cannot withdraw any assets; Level 1 (name, country and date of birth) allows deposits, buying and selling crypto and withdrawals of 0.06 BTC a day but no trading; and trading, futures, earn and higher limits need Level 2, which requires an identity document and a face scan. The user agreement says BitMart may request information for identity verification at registration or at any other time, can ask for source of funds and income details, and is governed by Cayman Islands law.
Cite this review or read as plain text
NoKYC Score, "BitMart review", reviewed 23 Oct 2026, https://nokycscore.com/service/bitmart
Open plain-text review ↗The feature review
Privacy, without the guesswork.
0 / 15 features confirmed2 warnings in the recorded terms
Identity
0 / 4 confirmed
- ID never requiredNo
The terms rule identity checks out, or the design makes them impossible.
- No account neededNot stated
Usable without creating an account, or the account is only a random number.
- No email neededNot stated
An email address is not required to sign up or use it.
- No phone numberNot stated
A phone number is never required.
Payment
0 / 3 confirmed
- Accepts MoneroNot stated
Monero hides sender, receiver and amount, so the payment cannot be traced to you.
- Accepts LightningNot stated
Bitcoin Lightning payments: fast, cheap and more private than on-chain.
- Accepts cashNot stated
Cash by post or in person: no bank and no blockchain record.
Access
0 / 2 confirmed
- Tor onion addressNot stated
An official .onion address, reachable only through Tor.
- Works without JavaScriptNot stated
Core functions work with scripts disabled, as in Tor Browser on its safest setting.
Trust
0 / 6 confirmed
- Never holds your fundsNo
The operator never controls user funds, so it cannot freeze them.
- Own liquidityNot stated
Fills orders from its own reserves, so no upstream exchange screens your deposit.
- Refund without IDNot stated
The terms commit to refunding a stopped order without identity documents.
- Independent auditNot stated
A third party audited the code or the no-logs claim, and the report is public.
- Company namedNot stated
The operating company and its jurisdiction are published.
- 5+ years operatingNot stated
Has operated continuously for five years or more.
Warnings
2 flagged
- May ask for IDYes
The terms reserve the right to demand identity documents, often after a risk flag.
- Screens depositsNot in terms
Deposits are scored by blockchain analytics; a flag can freeze them.
- Passes orders to partnersNot in terms
Orders go to upstream exchanges that apply their own screening.
- Holds your fundsYes
The operator controls user funds while they are on the platform.
- Email requiredNot in terms
An email address is required to use the service.
- Phone number requiredNot in terms
A phone number is required to use the service.
- Nobody accountableNot in terms
No company or person is publicly responsible for the service.
“Not stated” means the service’s own pages do not say. Expand a group to see every check.
Identity requirements
Does BitMart require KYC?
Level 4 of 4
ID mandatory
- 0 Never
- 1 Not mentioned
- 2 Rare
- 3 On risk flag
- 4 Mandatory
Yes. BitMart requires identity verification from every user. Checked against its own terms.
- Account required
- Email may be asked
- Phone may be asked
- ID required
KYC level 4: ID mandatory. Identity verification is required to use the service.
Limits: Level 0: no withdrawals; Level 1: 0.06 BTC per day, no trading; Level 2 (ID + face): trading and higher limits
KYC tutorial: Level 0 accounts "will not be able to withdraw any assets"; Level 1 allows 0.06 BTC daily withdrawals but "you would not be able to trade"; trading needs Level 2 (ID document and face verification).
Transparent by design
Every point, explained.
Both grades start at 50 points and move by fixed, published amounts. Nothing is adjusted by hand. The total is divided by ten.
Privacy
0.6/ 10
- Starting points 50
- KYC level 4: ID mandatory -32
- Custodial -3
- Closed source -2
- May request ID -7
- Total, clamped to 0–100 6
Safety
3.8/ 10
- Starting points 50
- Custodial -5
- Closed source -3
- May request ID -4
- Total, clamped to 0–100 38
Evidence, not promises
Test ledger 0
Published test transactions, with the route, amount and outcome available to inspect.
No test transactions published yet
The grades above rest on BitMart’s terms and documentation. Tests will appear here with the date, route, amount band and result as they are run.
The track record
Incidents 0
No incidents on record
We have no documented cases for BitMart. An empty record does not guarantee a service is risk-free.
Community experience
What users are saying 0
Reviews never change a grade. Reviews with a transaction reference are marked.
Have you used BitMart?
Be the first to share your experience. Useful details help the next person decide.
Write a review
Create an account to write a review. It takes ten seconds and needs no email: you get a random key and a random name. Already have a key? Sign in.
Alternatives to BitMart
All alternatives → Service overview
Hyperliquid
hyperliquid.xyz
On-chain order-book exchange for perpetuals and spot, used with your own wallet
Non-custodialNo registration
Privacy 7.5/10
Safety 6.7/10
Read the evidence
Service overview
NightTrader Exchange
nighttrader.exchange
Order-book exchange using two-key deposit accounts with timelocked refunds
Non-custodial
Privacy 6.5/10
Safety 6.4/10
Read the evidence
Service overview
Lighter
lighter.xyz
Zero-fee perpetuals and spot order book on an Ethereum layer 2, used with your own wallet
Non-custodialNo registration
Privacy 7.5/10
Safety 6.2/10
Read the evidence
BitMart vs dYdXBitMart vs HyperliquidBitMart vs NightTrader ExchangeBitMart vs Lighter
BitMart: common questions
Does BitMart require KYC?
BitMart is rated KYC level 4 of 4 on this site: ID mandatory. KYC tutorial: Level 0 accounts "will not be able to withdraw any assets"; Level 1 allows 0.06 BTC daily withdrawals but "you would not be able to trade"; trading needs Level 2 (ID document and face verification).
Is BitMart safe to use?
BitMart has a Safety grade of 3.8 out of 10 and a Privacy grade of 0.6 out of 10. No incidents are on record. Evidence level: documentation reviewed.
Is BitMart legit?
BitMart is a working exchange. Being real is not the same as being safe: its Safety grade here is 3.8 out of 10, built from custody, liquidity, track record and incidents.
Is BitMart a scam?
NoKYC Score does not label services as scams; it records documented incidents with their sources and outcomes. No incidents are on record for BitMart. Its terms also allow it to hold a flagged deposit and ask for identity documents.
What are BitMart's limits?
Level 0: no withdrawals; Level 1: 0.06 BTC per day, no trading; Level 2 (ID + face): trading and higher limits.
Does BitMart have a Tor onion address?
No official onion address was found on BitMart's own pages.
Which cryptocurrencies does BitMart support?
BitMart supports BTC, ETH, USDT, SOL, XRP.
Is BitMart custodial?
Yes. BitMart holds funds during a trade, which means it is able to delay or freeze them.
Can I use BitMart over Tor?
BitMart does not publish an official onion address.
Listing history
- Listing added. Facts and KYC level set from the service's own terms and documentation.