# SafeTrade review: KYC policy, privacy and safety grades > SafeTrade is an exchange operating since 2018. Its terms put it at KYC level 1 of 4: no ID mentioned. NoKYC Score grades it 5.8/10 for privacy (fair) and 5.7/10 for safety (fair). In its favour: no phone number, accepts Monero and company named. To watch: it holds your funds while you use it and requires an email address. No incidents are on record. Source: NoKYC Score, "SafeTrade review", reviewed 22 Oct 2026, https://nokycscore.com/service/safetrade ## Key facts - **Category:** No-KYC Exchanges - **KYC level:** 1 of 4: No ID mentioned - **Grades:** Privacy 5.8/10, Safety 5.7/10 - **Sign-up:** Email required - **Custody:** custodial - **Fees:** 0.10% maker / 0.10% taker on listed pairs (fees page) - **Jurisdiction:** Panama - **Incidents on record:** 0 - **Last reviewed:** 22 Oct 2026 - **Official website:** https://safetrade.com ## What it is SafeTrade is a centralised spot exchange, with an automated market maker section, that lists mainly smaller community and proof-of-work coins, including Monero pairs, against BTC and USDT. The old safe.trade address now redirects to safetrade.com. Its About page names Safetrade.com Inc., registered in Panama, while the terms refer to SafeTrade Limited Co. and use St. Vincent and the Grenadines law and arbitration. Accounts are created with an email address and password, and two-factor authentication is mandatory. The terms do not mention identity verification; they ask users to provide any information requested and let the exchange refuse trades, impose limits, suspend accounts and withhold funds where it suspects fraud or misconduct. The exchange holds user balances. Restricted locations are mentioned but not listed, and no withdrawal limits were published. ## What the terms say about ID Terms of Use contain no identity-verification clause; s.5.2 only requires users to provide information "required when creating a SafeTrade Account or when prompted". Registration needs email and password only. ## Features and warnings - **Identity:** ID never required: not stated; No account needed: no; No email needed: no; No phone number: yes - **Payment:** Accepts Monero: yes; 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: yes; 5+ years operating: yes - **Warnings:** May ask for ID: not in terms; 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 SafeTrade require KYC? SafeTrade is rated KYC level 1 of 4 on this site: no ID mentioned. Terms of Use contain no identity-verification clause; s.5.2 only requires users to provide information "required when creating a SafeTrade Account or when prompted". Registration needs email and password only. ### Is SafeTrade safe to use? SafeTrade has a Safety grade of 5.7 out of 10 and a Privacy grade of 5.8 out of 10. No incidents are on record. Evidence level: documentation reviewed. ### Is SafeTrade legit? SafeTrade is a working exchange that has operated since 2018. It publishes the company that runs it, in Panama. Being real is not the same as being safe: its Safety grade here is 5.7 out of 10, built from custody, liquidity, track record and incidents. ### Is SafeTrade 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 SafeTrade. ### Do I need an account or email to use SafeTrade? Email required. ### What fees does SafeTrade charge? 0.10% maker / 0.10% taker on listed pairs (fees page). Fees were recorded from SafeTrade's own pages and can change; check before you send. ### Does SafeTrade have a Tor onion address? No official onion address was found on SafeTrade's own pages. ### Which cryptocurrencies does SafeTrade support? SafeTrade supports BTC, USDT, XMR, LTC, DOGE, ETH, SOL, USDC. ### Is SafeTrade custodial? Yes. SafeTrade holds funds during a trade, which means it is able to delay or freeze them. ### Can I use SafeTrade over Tor? SafeTrade does not publish an official onion address. ## Sources - https://safe.trade - https://safetrade.com/terms - https://safetrade.com/about - https://safetrade.com/fees - https://safetrade.com/help - https://safetrade.com/help/faq/how-to-register-safetrade-account - https://safetrade.com/help/faq/how-to-withdraw - https://safetrade.com/help/faq/what-is-safe-trade-referral-reward - https://safetrade.com/announcements/safetrade-v4 How grades are calculated: https://nokycscore.com/methodology