Swiss on/off-ramp with a CHF 999 per month tier that needs no ID document
Privacy 1.9
Safety 6.1
No-KYC Exchanges Since 2024 Reviewed 22 Oct 2026
NightTrader Exchange review
Order-book exchange using two-key deposit accounts with timelocked refunds
- Never holds your funds
- Email required
- Nobody accountable
No ID mentioned KYC 1 Documentation reviewed
Privacy
6.5/ 10
Fair
Safety
6.4/ 10
Fair
Based on terms and documentation. No test transactions published yet. See the arithmetic
NightTrader Exchange review in short
NightTrader Exchange is an exchange operating since 2024. Its terms put it at KYC level 1 of 4: no ID mentioned. NoKYC Score grades it 6.5/10 for privacy (fair) and 6.4/10 for safety (fair). In its favour: never holds your funds. To watch: it requires an email address and has no publicly accountable operator. No incidents are on record.
- Category
- No-KYC Exchanges
- KYC level
- 1 of 4: No ID mentioned
- Grades
- Privacy 6.5/10, Safety 6.4/10
- Sign-up
- Email required
- Custody
- non-custodial
- Incidents on record
- 0
- Last reviewed
- 22 Oct 2026
Cite this review
NoKYC Score, "NightTrader Exchange review", reviewed 22 Oct 2026, https://nokycscore.com/service/nighttrader-exchange
Also available as plain text.
What NightTrader Exchange is
NightTrader describes itself as a decentralized multi-signature exchange for Bitcoin, other UTXO coins and Ethereum tokens: the user holds one key, a set of nodes holds the other through a threshold signature, and a timelock returns funds to the user if the nodes stop signing. Trading requires an account registered with an email address or a Bitmessage address. The terms say the platform does not hold custody of funds but acknowledge a small risk to funds in open trades if all nodes were compromised. The site says the front end is open source and links a GitHub organisation; a 2024 beta launch is shown on its roadmap, and no operating company is named.
What NightTrader Exchange offers, and what to watch
1 of 15 privacy and safety features, 2 warnings in its terms.
"Not stated" means its own pages do not say.
Identity
- ID never required Not stated
- 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 Yes The operator never controls user funds, so it cannot freeze them.
- Own liquidity Not stated
- Refund without ID Not stated
- Independent audit Not stated
- Company named No
- 5+ years operating Not stated
Warnings
- May ask for ID Not in terms
- Screens deposits Not in terms
- Passes orders to partners Not in terms
- Holds your funds Not in terms
- Email required Yes An email address is required to use the service.
- Phone number required Not in terms
- Nobody accountable Yes No company or person is publicly responsible for the service.
Does NightTrader Exchange require KYC?
- 0 Never
- 1 Not mentioned
- 2 Rare
- 3 On risk flag
- 4 Mandatory
KYC level 1: No ID mentioned. No identity requirement appears anywhere in the terms or documentation.
The terms set no identity requirement; the privacy policy lists "Third party KYC information (when applicable)" among data some nodes may collect, without explaining when that applies.
How the grades add up
Both grades start at 50 points and move by fixed, published amounts. Nothing is adjusted by hand. The total is divided by ten.
Privacy
6.5- Starting points 50
- KYC level 1: No ID mentioned +12
- Non-custodial +3
- Total, clamped to 0–100 65
Safety
6.4- Starting points 50
- Non-custodial +12
- Multisig or hold-invoice escrow +6
- Anonymous operator -4
- Total, clamped to 0–100 64
Test ledger
Real transactions run by our editors. A badge without a ledger is an assertion; this is the proof.
No test transactions published yet
The grades above rest on NightTrader Exchange’s terms and documentation. Tests will appear here with the date, route, amount band and result as they are run.
Incidents on record
No incidents are on record for NightTrader Exchange. If you have a documented case, report it.
User reviews
Reviews never change a grade. Reviews with a transaction reference are marked.
No reviews yet.
Write a review
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NightTrader Exchange: common questions
Does NightTrader Exchange require KYC?
NightTrader Exchange is rated KYC level 1 of 4 on this site: no ID mentioned. The terms set no identity requirement; the privacy policy lists "Third party KYC information (when applicable)" among data some nodes may collect, without explaining when that applies.
Is NightTrader Exchange safe to use?
NightTrader Exchange has a Safety grade of 6.4 out of 10 and a Privacy grade of 6.5 out of 10. No incidents are on record. Evidence level: documentation reviewed.
Is NightTrader Exchange legit?
NightTrader Exchange is a working exchange that has operated since 2024. Its operators do not publish a company or names, so nobody is publicly accountable for it. Being real is not the same as being safe: its Safety grade here is 6.4 out of 10, built from custody, liquidity, track record and incidents.
Is NightTrader Exchange 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 NightTrader Exchange.
Do I need an account or email to use NightTrader Exchange?
Email required.
Does NightTrader Exchange have a Tor onion address?
No official onion address was found on NightTrader Exchange's own pages.
Which cryptocurrencies does NightTrader Exchange support?
NightTrader Exchange supports BTC, LTC, BCH, ETH.
Is NightTrader Exchange custodial?
No. NightTrader Exchange is non-custodial: the operator does not control user funds.
Can I use NightTrader Exchange over Tor?
NightTrader Exchange does not publish an official onion address.
Listing history
- Listing added. Facts and KYC level set from the service's own terms and documentation.