A recent YouTube video from CaptainAltcoin highlights the top no-KYC crypto exchanges for 2025, focusing on privacy and user convenience. Leading the list are platforms like ApeX, dYdX, Hyperliquid, Bisq, and Avantis, each offering unique features for trading without identity verification. ApeX stands out with its offering of tokenized U.S. stocks and AI tools, while dYdX specializes in perpetual futures. Hyperliquid is noted for its fast execution and low fees, Bisq ensures maximum privacy through Tor, and Avantis provides up to 500x leverage on major pairs with zero fees, catering to traders seeking high leverage and cost efficiency.