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Author: Admin | 2025-04-27
Suffice.Secondly, one of the most important features of an exchange is security - whether you’re looking for the best no-KYC crypto exchange or the top NFT broker, this point is universal. Well, BYDFi’s stance on security is rather clear - the company enforces AML regulations, as well as features such as 2FA and cold storage.Not only that, but BYDFi ensures regulatory compliance, as well - the exchange is available in both the US and Canada. That’s not necessarily something many high-profile exchanges today can boast of!Furthermore, the exchange offers some very competitive trading fees. Both maker and taker fees fluctuate between 0.1% and 0.3% - some very decent numbers, especially when compared to the industry standard of 0.25%!As far as the main topic of this list is concerned, BYDFi is considered to be a “no-KYC” exchange, at least to an extent. Users who want to perform trades with fiat money will need to pass strict KYC checks - that’s a given.However, if you’d like to start trading and only use cryptocurrencies, chances are that you’d be able to do so without having to pass KYC.The fiat-usage KYC requirement is mostly relevant for users who’d like to make a fiat deposit on BYDFi before they start trading. Do note that, while it is possible to avoid a direct deposit and use a third-party payment gateway to purchase crypto on BYDFi, that third party will require you to pass KYC checks, either way. Did you know? 4. CoinEx – KYC-Free Spot, Margin, and Futures Trading Ranks #4 out of 11 Crypto Exchanges Things we liked: + Over 1,270 supported cryptocurrencies + No mandatory KYC verification + Pre-token trading + Spot & futures trading supported + Several earning tools Things we didn't like: - Does not support fiat directly Generally, CoinEx is known
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