Description
NonKYC is a centralized cryptocurrency exchange that allows users to trade spot markets without mandatory identity verification. The platform supports trading pairs across major and small/mid-cap digital assets, including privacy-focused coins. An AMM-based liquidity pool system lets users provide liquidity and earn a share of the 0.2% trade fee using the constant product formula; trades with more than 0.5% price deviation are rejected. Trading fees are tiered by 30-day volume and NKYC token holdings, with a 25% discount available when fees are paid in NKYC. A market making service is available for listed asset developers through automated order book and liquidity pool management. Programmatic access is provided via REST and WebSocket APIs. A mobile application, crypto faucet, and referral program are also available.