TradeOgre Fee Comparison Calculator
Calculate Your Savings
Compare TradeOgre's fees with standard exchanges to see how much you could save. Remember: No-KYC exchanges carry significant risks.
Important Warning
TradeOgre has permanently shut down. This calculator compares historical fees to illustrate potential savings versus standard exchanges, but no-KYC exchanges carry significant risks. Your funds are never secure on centralized exchanges. For true privacy and security, use self-custody solutions like Monero wallets or decentralized exchanges.
TradeOgre wasn’t just another crypto exchange. For years, it was one of the last standing no-KYC platforms where you could trade Monero, Pirate Chain, and other privacy coins without handing over your ID. No passport. No selfie. No questions asked. That made it a magnet for users who valued anonymity - and a target for regulators.
How TradeOgre Worked (Before It Vanished)
TradeOgre launched in 2018 with a simple promise: trade crypto for crypto, no identity checks. You signed up with an email, deposited Bitcoin or Litecoin, and started trading. No fiat deposits. No bank links. Just direct crypto-to-crypto trades.
It supported over 120 cryptocurrencies at its peak. Monero (XMR) was its crown jewel. On TradeOgre, you could trade XMR/BTC with decent volume - sometimes 15-20 BTC worth per day. That was more than most no-KYC exchanges offered. For privacy-focused traders, it was a rare safe harbor.
Fees were straightforward: 0.2% per trade, no matter what coin you used. That matched the industry average. Withdrawal fees, however, were surprisingly low. Sending Bitcoin cost just 0.00005 BTC - way below the 0.0005-0.001 BTC most other exchanges charged. That made it cheap to move coins out, especially if you were trading small amounts.
The interface? Barebones. It looked like something built in 2012. No fancy charts. No mobile app. No educational resources. But if you knew what you were doing, it worked. The API was clean, used standard HTTP and JSON, and developers could automate trades. There was even a community-built GitHub repo with documentation - over 1,200 stars before the site went dark.
The Hidden Risks
TradeOgre’s lack of KYC was its biggest strength - and its fatal flaw.
While privacy coins like Monero had legitimate use cases, they were also heavily used in illicit markets. Regulators around the world started cracking down. The Financial Action Task Force (FATF) flagged exchanges supporting privacy coins as high-risk in 2024. That put TradeOgre in the crosshairs.
Users noticed problems long before the shutdown. Kaspa, a newer coin, became a nightmare. People reported buying it, then being unable to sell - even at a loss. The order book would disappear. Some users accused TradeOgre of manipulating prices. One Slashdot user wrote: “They control the price I can sell at. I cannot even bail out.” That post got over 100 upvotes.
Liquidity dried up for many altcoins. If you held something obscure, you were stuck. Withdrawals took 12-24 hours on average. Support? Email only. Response time? 3-4 days. No live chat. No phone. If something went wrong, you were on your own.
Trustpilot reviews painted a mixed picture. Out of 87 reviews, 63% were negative. The top complaints? “Sudden liquidity loss” and “can’t withdraw funds.” Only 22% praised the no-KYC policy and low withdrawal fees.
Why It Shut Down - And What It Means
On July 30, 2025, TradeOgre vanished.
Canadian authorities seized around $40 million in cryptocurrency and shut the exchange down completely. It was called Canada’s biggest crypto bust - and the first time a full exchange was taken offline by regulators.
The website went offline. The Twitter account went silent. The API stopped responding. All user funds were frozen. No refunds. No explanations.
This wasn’t an accident. It was the end of a trend. In 2021, there were over 50 no-KYC centralized exchanges. By mid-2025, only about 12 remained. TradeOgre was one of the last serving U.S. users. Its closure was predictable.
Chainalysis data showed that no-KYC exchanges accounted for just 3.2% of total crypto volume by Q1 2025 - down from 8.7% in 2022. The FATF’s Travel Rule, which requires exchanges to share sender and receiver info for transfers over $1,000, made it impossible for TradeOgre to survive. Even if it wanted to comply, its entire model was built on secrecy.
Who Used TradeOgre - And Why
TradeOgre’s users fell into two main groups.
The first were privacy advocates. People who believed financial privacy was a right, not a crime. They used Monero to protect their transactions from surveillance, advertisers, or hostile governments. For them, TradeOgre was a lifeline.
The second group was more opportunistic. Some were from countries with strict crypto controls - Russia, Iran, Venezuela, Nigeria. Others were trying to avoid taxes or move funds without reporting. The exchange didn’t ask questions, so it attracted those who didn’t want to be tracked.
SimilarWeb data showed 62% of TradeOgre’s traffic came from regions with heavy crypto restrictions. That’s not surprising. But it also made the platform a regulatory target.
What You Can Learn From TradeOgre’s Fall
TradeOgre’s story isn’t just about a failed exchange. It’s a warning.
If you’re looking for anonymity in crypto, you can’t rely on centralized platforms anymore. Even if they claim to be “privacy-friendly,” they’re still vulnerable to seizures, legal pressure, and sudden shutdowns. Your coins are never truly yours if they’re sitting on someone else’s server.
The future of privacy in crypto isn’t on exchanges like TradeOgre. It’s in decentralized protocols - like Monero’s own network, Wasabi Wallet, or Samourai Wallet. These tools let you control your keys, your transactions, and your data. No middleman. No shutdown risk.
TradeOgre gave users freedom - but at the cost of security. And when regulators moved, that freedom vanished overnight.
Alternatives to TradeOgre (What to Use Now)
There’s no direct replacement for TradeOgre’s no-KYC model. But here are better options:
- Monero (XMR) wallets - Use XMRWallet, Cake Wallet, or Monerujo to send and receive Monero privately. No exchange needed.
- Decentralized exchanges - Try Swapzone or 1inch for peer-to-peer swaps. They don’t hold your funds.
- Non-KYC P2P platforms - LocalMonero and Bisq let you trade directly with others. No registration. No KYC.
- Self-custody - Store your coins in a hardware wallet like Ledger or Trezor. Then trade only when you’re ready.
Remember: if a platform doesn’t ask for your ID, it’s not because it’s better - it’s because it’s illegal. And illegal platforms don’t last.
Final Thoughts
TradeOgre was never meant to be a long-term solution. It was a product of a less regulated time - a glitch in the system that lasted longer than anyone expected. For seven years, it served a niche. But when the world changed, it didn’t adapt.
Its shutdown wasn’t just a loss for privacy seekers. It was a signpost: the era of unregulated crypto exchanges is over. The days of trading without identity checks are numbered - not because governments are evil, but because the system can’t function without rules.
If you still want privacy in crypto, learn how to do it yourself. Use wallets that protect your data. Use decentralized tools. Keep your keys. And never, ever trust a centralized exchange that says “no KYC” - especially if it’s still operating today.
Is TradeOgre still operating?
No, TradeOgre shut down permanently on July 30, 2025. Its website and social media accounts went offline, and Canadian authorities seized approximately $40 million in cryptocurrency assets. The exchange no longer exists.
Why did TradeOgre get shut down?
TradeOgre was shut down by Canadian authorities for failing to comply with financial regulations, particularly around anti-money laundering (AML) and know-your-customer (KYC) requirements. It was one of the last major no-KYC centralized exchanges still operating, and regulators viewed it as a high-risk platform due to its support for privacy coins like Monero. The seizure marked Canada’s first-ever full exchange shutdown.
Can I get my money back from TradeOgre?
No, there is no way to recover funds held on TradeOgre. All user assets were seized by Canadian authorities during the shutdown. Since the exchange had no formal customer protection policies or insurance, users lost access to their coins permanently.
Was TradeOgre safe to use?
TradeOgre was risky. While it offered no-KYC trading and low withdrawal fees, it had poor liquidity for many coins, unreliable customer support, and no transparency. Users reported being unable to sell assets, long withdrawal delays, and sudden order book disappearances. Its shutdown proves that relying on unregulated exchanges is dangerous - your funds are never truly secure on someone else’s server.
What’s the best alternative to TradeOgre for privacy-focused trading?
The best alternatives are decentralized and self-custodial tools. Use Monero wallets like Cake Wallet or XMRWallet to send and receive private transactions. For trading, try Bisq or LocalMonero - peer-to-peer platforms that don’t require KYC and don’t hold your funds. Always keep your coins in your own wallet, not on an exchange.
Did TradeOgre support fiat currencies like USD or EUR?
No, TradeOgre only supported crypto-to-crypto trading. You couldn’t deposit or withdraw U.S. dollars, euros, or any other fiat currency. You had to already own Bitcoin, Litecoin, or another cryptocurrency to use the platform.
What was TradeOgre’s trading fee?
TradeOgre charged a flat 0.2% fee on every trade, regardless of the cryptocurrency. This was considered average for the industry. Withdrawal fees varied by coin but were notably low - for Bitcoin, it was just 0.00005 BTC per withdrawal, much cheaper than most other exchanges.
How many cryptocurrencies did TradeOgre support?
At its peak, TradeOgre supported over 120 cryptocurrencies. It was especially popular for privacy coins like Monero (XMR), Dero, Heron, and Pirate Chain. However, liquidity was poor for most altcoins, making trading difficult outside of major pairs like XMR/BTC or LTC/BTC.
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November 11, 2025 AT 08:23This whole thing was a joke from day one. No KYC? Cool. Until your coins vanish and you realize you traded privacy for a dumpster fire.
Stephanie Platis
November 12, 2025 AT 03:14TradeOgre’s demise was inevitable. It operated in direct violation of international financial norms-ignoring AML/KYC protocols isn’t ‘freedom,’ it’s negligence. The fact that users celebrated its lack of regulation reveals a dangerous ignorance about systemic risk. Financial systems exist for a reason: to prevent laundering, fraud, and exploitation. Privatizing finance doesn’t empower-it endangers everyone.
Furthermore, the romanticization of Monero as a ‘privacy tool’ ignores its documented use in ransomware, darknet markets, and terrorist financing. The FATF’s 2024 guidance wasn’t arbitrary; it was data-driven. And yes-your ‘right to anonymity’ ends where someone else’s financial security begins.
Calling this a ‘glitch in the system’ is laughable. It was a漏洞-a gaping, unpatched one-and now it’s been closed. Good. We should celebrate that regulators finally acted decisively.
Those who lost funds? They were warned. The order book disappearances, the 12-hour withdrawals, the non-responsive support-all red flags. And yet, people doubled down. That’s not victimhood. That’s willful ignorance.
Alternatives like Bisq and LocalMonero? Decentralized, yes. But even those require technical literacy. Most users didn’t want privacy-they wanted convenience disguised as privacy. And that’s why they got burned.
Let me be clear: no centralized exchange can ethically operate without KYC. Period. The notion that ‘no one asked questions’ was a feature, not a bug? That’s not innovation. It’s criminal negligence.
And yes-I’m aware this comment is longer than your entire trading history on TradeOgre. But someone has to say it.
Ashley Mona
November 13, 2025 AT 06:29Y’all are missing the point. TradeOgre wasn’t about money-it was about dignity. People in Venezuela, Iran, Nigeria? They weren’t laundering cash. They were sending rent to family while their banks froze accounts. That’s not crime. That’s survival.
And yeah, the interface looked like a GeoCities page. But it worked. No delays. No forms. Just send and receive.
Now? You need a passport photo to buy Dogecoin. What’s next? A background check for Bitcoin?
Edward Phuakwatana
November 14, 2025 AT 03:05TradeOgre was the last bastion of crypto’s original ethos: permissionless, trustless, and sovereign. Its shutdown isn’t a win for regulation-it’s a surrender to centralized control.
We’re not talking about criminals here-we’re talking about journalists in authoritarian regimes, activists under surveillance, and ordinary people who refuse to be tracked by every algorithm on the planet.
The FATF’s Travel Rule? It’s a backdoor to financial surveillance. Once you start requiring identity for every $1,000 transfer, you’re not stopping crime-you’re creating a financial panopticon.
And let’s be real: if you’re not using Monero or Zcash, you’re not even in the privacy game. You’re just gambling with your metadata.
The real tragedy? We had a working model of decentralized finance. And we chose convenience over autonomy. Now we’re all just users of a bank that calls itself ‘crypto.’
Don’t mourn TradeOgre. Mourn what we lost: the belief that money shouldn’t need permission.
dhirendra pratap singh
November 14, 2025 AT 15:42OMG I KNEW IT!! 😭 TradeOgre was my whole vibe!! I traded XMR there for 3 years!! Now my 12.5 XMR is GONE!! 💔 And the worst part? The mods were ALL SILENT!! I DM’d them 17 times!! Nothing!!
And now everyone’s like ‘oh it was risky’-like I didn’t know?? I knew!! But it was the ONLY place where I felt free!! 😭😭😭
Who’s gonna protect us now?? Who’s gonna let me trade Pirate Chain without a government form??
They took my freedom and replaced it with a bank app!! 🤬