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KCEX Exchange Review: No KYC, High Leverage -- But What's the Catch?

KCEX offers no-KYC trading with high leverage, but we investigate what the trade-offs really are for this growing exchange.

Trader From HellJul 30, 20257 min read
KCEX Exchange Review: No KYC, High Leverage -- But What's the Catch?

Quick Facts

Founded

2022

HQ

Seychelles

Trading Pairs

150+

Maker Fee

0.025%

Taker Fee

0.1%

Min Deposit

$1

Withdrawal

< 1 hour

KYC Required

No

Bonus

Varies

Pros

  • No KYC for basic trading
  • Up to 200x leverage
  • Growing platform with regular updates

Cons

  • Fewer trading pairs
  • Less transparent than competitors
  • Limited track record

Overview

KCEX is a relatively new player in the no-KYC exchange space, offering up to 200x leverage on futures trading. But with high leverage comes high risk -- and some questions about the platform's transparency.

Key Features

FeatureDetails
LeverageUp to 200x
KYCNot required for basic trading
Trading Pairs150+
HeadquartersSeychelles

What's the Catch?

While KCEX offers attractive leverage and no-KYC access, there are some concerns: - Smaller trading pair selection (150 vs. 700+ on competitors) - Less transparent about company operations - Limited track record compared to established exchanges - Rewards Center tasks may include KYC verification

Pros - No KYC for basic trading - Up to 200x leverage - Growing platform with regular updates - Rewards Center for new users

Cons - Fewer trading pairs than competitors - Less transparent than WEEX or BYDFi - Limited track record - Check eligibility by region

Verdict

KCEX is a decent option for no-KYC leverage trading, but proceed with caution. Consider more established alternatives like WEEX or BYDFi if transparency and track record matter to you.

Tags:KCEXno KYChigh leverageexchange review

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