dex.fo
NO-KYC

DEX.fo

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KYC requirements: A level - Never KYC
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7.4/10 (Land Score)
Product is rated as #3 in category Instant Exchange
Privacy & KYC
9.5
Liquidity & Custody
6.5
Pricing
5
Execution
8.5
Transparency & Recourse
7.5
PROS:
  • No registration, email, or account required at any step
  • IP logging, cookies, and third-party trackers all checked and confirmed absent
  • A fresh deposit address generated for every order
  • Support responded in under a minute, and it was a real person
  • PGP-signed order receipts you can verify yourself
  • A working Tor mirror for the whole service
CONS:
  • Real fee on smaller orders runs closer to 1.6%, not the advertised 0.8%
  • Order pages expire after roughly an hour with no way to bring them back
  • No pre-send AML check available before you commit funds
  • Only 7 coins and networks supported in total

DEX.fo – Overview

DEX.fo is an anonymous instant cryptocurrency exchange that launched in 2026. Despite the name, it is not a decentralized exchange in the automated market maker sense. It works like the other instant swap services in this category, letting users trade coins directly from their own wallets with no account, no login, and no registration step.

DEX.fo does not run any KYC or AML checks on users. Its own materials describe the service as no-KYC, no-logs, and no-analytics by design. The platform states it does not log IP addresses at any point in its infrastructure, including reverse proxies and API servers, and it does not use cookies or other tracking methods. Exchange details such as sender, receiver, and refund addresses are automatically deleted from its systems after 15 days.

Independent Review: We have published an independent review of DEX.fo covering its privacy model, fees, liquidity, exchange process and other relevant aspects. → Read the DEX.fo Review

DEX.fo offers two ways to process a swap. FAST mode fills an order directly from the platform’s own reserves, skipping any bridges, so the only wait is for blockchain confirmation. CHAIN mode routes the swap through third-party inter-network bridges and liquidity pools instead, which takes longer but can complete conversions that FAST mode cannot handle directly. This makes DEX.fo’s liquidity a mix of its own reserves and outside liquidity, depending on which mode a swap uses.

Every completed swap comes with a PGP-signed letter, and DEX.fo publishes detailed instructions for verifying these signatures using standard GPG tools on desktop or mobile. This lets a user independently confirm that a receipt is authentic and has not been altered after the fact, similar to a digitally signed letter of guarantee.

DEX.fo supports Monero, and the platform is reachable over Tor through its own onion address. It also offers a public API and an affiliate program. Support runs through Telegram and SimpleX, a privacy-oriented messaging app, rather than traditional email or live chat. As a service that only launched in 2026, DEX.fo has a very short track record so far, so it is worth treating it with the caution that comes with any newer platform in this space.

Specification: DEX.fo

KYC & Compliance
KYC Requirement Level A level - Never KYC
KYC Trigger Threshold

N/A (Never KYC)

AML Screening Method

None

KYC Refusal/Freeze

N/A (Never KYC)

Pre-Send AML Check

Not Offered

Verification Provider

N/A

Privacy Coin & Network Support
Monero Support

Full

Other Privacy Coins

Not Disclosed

Lightning Network

Not Disclosed

Tor/.onion Access

Yes

No-JavaScript Mode

Yes

Liquidity & Execution
Liquidity Source

Mixed Liquidity, Own liquidity funds

Exchange Custody Model

Non-Custodial

Rate Type Offered

Chain, Fast & White

Typical Fee Range

~0.8%, ~1.5%

Liquidity Partners

Not Disclosed

Service Mechanics
Min Exchange Amount

~$30

Max Exchange Amount

>5 BTC

Supported Currencies
Settlement Time

30 min-2h, 5-30 min

Failed-Tx Refund

Guaranteed

Trust & Extras
Exchange Guarantee Letter

Yes (PGP-Verified)

Escrow

YES, 1 BTC – Exploit forum

Support Channels

Email, SimpleX

API Availability

Yes

Mobile App Availability

NO

Additional Features

Automatic Data Deletion (15 Days)

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