It’s a valid concern. While non-KYC exchanges offer more privacy, they do come with risks like less regulatory protection and potential security issues. That said, many traders use them for smaller amounts where privacy is a priority. I found this recent list of non-KYC exchanges available in the US — it breaks down the pros, cons, and legitimacy of each platform:
https://speedwaymedia.com/2025/07/11/top-10-non-kyc-crypto-exchanges-in-the-us-privacy-friendly-options-in-2025/ . It’s worth reading through to understand the trade-offs before deciding.