For me, the big thing is not confusing no KYC with no risk. You still need to look at liquidity, spreads, transaction limits, security, and how much control the platform or smart contracts have over your funds. This breakdown covers those points pretty well and also explains some of the trade-offs between privacy and security: https://evedex.com/en/blog/anonymous-crypto-exchange/. I'd definitely compare the actual fees and limits before choosing one, especially if you're planning anything beyond small swaps.