# KCEX review: KYC policy, privacy and safety grades > KCEX is an exchange operating since 2021. 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). In its favour: 5+ years operating. To watch: it may ask for ID, holds your funds while you use it and requires an email address. No incidents are on record. Source: NoKYC Score, "KCEX review", reviewed 22 Oct 2026, https://nokycscore.com/service/kcex ## Key facts - **Category:** No-KYC Exchanges - **KYC level:** 4 of 4: ID mandatory - **Grades:** Privacy 0.6/10, Safety 3.8/10 - **Sign-up:** Email required - **Custody:** custodial - **Fees:** Spot 0% maker / 0% taker; futures 0% maker / 0.01% taker (help centre) - **Limits:** Basic verification: 30 BTC per day. No limit for unverified accounts is stated on official pages. The User Agreement lets KCEX set and adjust daily trading and withdrawal limits at any time. - **Incidents on record:** 0 - **Last reviewed:** 22 Oct 2026 - **Official website:** https://www.kcex.com ## What it is KCEX is a centralised spot and futures exchange established in 2021 that advertises zero spot trading fees. Accounts are registered with a mobile number or an email address. Its help centre presents identity verification as a way to raise withdrawal limits, with basic verification set at 30 BTC per day, but it does not state a limit for unverified accounts. Its User Agreement, updated July 2026, says users should give their real name and identification number at registration and describes collecting identity documents and a selfie holding the ID before registration. It also lets KCEX set withdrawal limits, freeze accounts and report suspicious transactions. The agreement is governed by Singapore law and bars users from a list of countries including the United States, Canada, Singapore, mainland China and Hong Kong. The exchange holds customer funds, and the agreement does not name its operating company. ## What the terms say about ID User Agreement: "During registration, you should provide ... your real name, type of identification, and identification number" and "Before registration, you need to provide a photo of yourself holding the identity document". The help centre instead presents KYC as raising withdrawal limits; terms take precedence. ## Features and warnings - **Identity:** ID never required: no; No account needed: no; No email needed: no; No phone number: not stated - **Payment:** Accepts Monero: not stated; Accepts Lightning: not stated; Accepts cash: not stated - **Access:** Tor onion address: not stated; Works without JavaScript: not stated - **Trust:** Never holds your funds: no; Own liquidity: not stated; Refund without ID: not stated; Independent audit: not stated; Company named: not stated; 5+ years operating: yes - **Warnings:** May ask for ID: yes; Screens deposits: not in terms; Passes orders to partners: not in terms; Holds your funds: yes; Email required: yes; Phone number required: not in terms; Nobody accountable: not in terms ## Questions ### Does KCEX require KYC? KCEX is rated KYC level 4 of 4 on this site: ID mandatory. User Agreement: "During registration, you should provide ... your real name, type of identification, and identification number" and "Before registration, you need to provide a photo of yourself holding the identity document". The help centre instead presents KYC as raising withdrawal limits; terms take precedence. ### Is KCEX safe to use? KCEX 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 KCEX legit? KCEX is a working exchange that has operated since 2021. 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 KCEX 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 KCEX. Its terms also allow it to hold a flagged deposit and ask for identity documents. ### Do I need an account or email to use KCEX? Email required. ### What fees does KCEX charge? Spot 0% maker / 0% taker; futures 0% maker / 0.01% taker (help centre). Fees were recorded from KCEX's own pages and can change; check before you send. ### What are KCEX's limits? Basic verification: 30 BTC per day. No limit for unverified accounts is stated on official pages. The User Agreement lets KCEX set and adjust daily trading and withdrawal limits at any time. ### Does KCEX have a Tor onion address? No official onion address was found on KCEX's own pages. ### Which cryptocurrencies does KCEX support? KCEX supports BTC, ETH, USDT. ### Is KCEX custodial? Yes. KCEX holds funds during a trade, which means it is able to delay or freeze them. ### Can I use KCEX over Tor? KCEX does not publish an official onion address. ## Sources - https://www.kcex.com - https://www.kcex.com/en-US/support/articles/23962442522649 - https://www.kcex.com/en-US/support/articles/23960524291353 - https://www.kcex.com/en-US/support/articles/23962599560345 - https://www.kcex.com/en-US/support/articles/24021875853593 - https://www.kcex.com/en-US/support/articles/24159228562585 - https://www.kcex.com/en-US/support/articles/24159044232089 - https://www.kcex.com/en-US/support/articles/24022325982105 - https://www.kcex.com/en-US/support/articles/23960932044825 - https://support.kcexhelp.com/hc/en-us/articles/26484877406361-KCEX-License-Information How grades are calculated: https://nokycscore.com/methodology