Bitcoin Forum

How to replace coins as quickly and cheaply as possible? Which stock exchanges will be the best for the moment?
What remains apart from the stock exchanges??
Is it possible to withdraw and convert to fiat quickly without creating an account, verification procedures? Is there something like that now? What does it look like at this moment?
I know that there are many such topics, but I think it is worth to refresh the topic a little because a lot has changed recently.

I assume you mean exchanging your coins to fiat, correct?
I can't answer how to exchange your coins quickly and cheaply as possible, but I can answer other question.

Exchanges do require account in order to trade, I believe there are no true anonymous exchange that lets you do it without an account yet.
Exchanges requires verification in order to withdraw your fiat, this, I believe is to prevent any possible money laundering or other related shady activities.
Verification are almost the same between exchanges, you need to submit your Identity Proof and Bank Statement, others may require more than that, but usually you only need those two.

P.S. Wrong section, might want to move this to trading discussion or exchanges section :)

I can't for the life of me understand why people look to be anonymous in this case. If you are anonymous on the exchange you'd still NOT be anonymous at all when you cash out as you will have to withdraw towards something that has your name, whether it is a bank account or a credit/debit card.

I'm not saying this is your case (as you don't explain why you'd like to stay anonymous, I can only guess), but many people expect to make massive profit with cryptocurrencies without paying a single cent of tax.

If I make a very good profit I am more than happy to pay tax on it, I wish it would happen every day actually! LOL

Im think the only way u remain anon is 2 use sth like localbitcoins.com. but u also can buy alrdy verified acc from some1 else for exchange use.

never ever do this for exchanges or anything else.
because you are breaking Terms of Services of these businesses and they can legally seize you assets (all your balances on the exchange in this case) and there is nothing you can do about it. in this case not only you lose your money that you paid for the account but also lose all the money that you had on the exchange.
also if you buy an account like this you may receive a hacked account that can be recovered right after you received and deposited some money in it!

Do you mean cryptocurrency exchange? (because stock and crypto is two different market). If yes, it is possible to convert cryptocurrency to fiat without using any exchanges or creating accounts and verify it, just find a person that is willing to buy those coins from you, but it is not easy to find one especially if you are selling huge amount of cryptocurrency. It is still recommended to use exchanges to buy or sell cryptocurrency and I don't think that identity verification is an issue here, just choose a reputable exchange on where you will trust your personal information, maybe an exchanges that is regulated by a government will be fine.

perosnally have never used fiat exchanged cause all of them aren't supported in my country , so can't sell or buy bitcoin using fiat exchanges
but personally I sell and buy for people in person , it takes less than 4 hours for the deal to be done so I guess that's the best and fastest way in case you don't want to use exchagnes
try searching for facebook groups in your country where there the admin is a trusted collateral , personally that's what I'm doing selling people on facebook but I know the admin in person and trust him so this is the catch

It depends on the country you are. This is improvement just got on some exchanges in countries and in some countries where the banks have been warned on dealing with crypto, it might be difficult  to see such direct fiat exchanges.

This is different from one place to another and from another country, but if your country's laws are tolerant with Bitcoin, the more documents you submit, the faster the conversion and the fewer fees.

I think you are asking for an alternative to exchange platforms(stock exchanges)?
You can try online selling sites where the site works as an escrow of the process like Localbitcoin.com & paxful.
Remember you can be scammed even with the use of these sites/escrow.

You can do this in two ways:
 - Cash using online sites: Although this method is dangerous, it keeps you anonymous
 - An exchange between crypto: you can exchange between bitcoin, ETH, LTC without any docs.
 

When we do talk about exchanges or making conversion of our coins into fiat then the only way is converting thru them or made a p2p transactions in localbitcoin or paxful.All people here do know that every exchange would really need for you to register but having an unverified account do still make you anonymous but when the time comes you are already transacting big amounts then that would be the time on using up documentations to remove those restrictions.If you cant agree to their terms then there nothing you can do.

There are plenty exchanges available in the market for exchanging the bitcoins or ethereum easily. In country wise also you find the top pick crypto exchange for sure mate. If you want to invest your fund on cryptos means this is the right time. If are holding the coin now please do not sell any coins mate okay.
I suggest the best exchange which can support almost to every country. Check about localbitcoins.com this site will give the option to buy and sell the bitcoins with the good price.

I'm not sure why no one mentioned this. But if you're in the US (and maybe other parts of the world), the 0 fee exchange with the cheapest way to replace coins is gdax.

It requires depositing fiat via coinbase, then transferring that fiat into gdax, then use the limit orders to buy your desired alt for 0 fees. After buying your coin you can send your crypto anywhere for free because gdax doesn't charge a withdrawal fee. Literally free of fees.

Exactly,  I agree with you, country matters when trying to open or use an exchange. Because every exchange has a different policy for every country; for example, just like what the person above me mentioned about the USA.  Another thing OP, why exactly do you not want to pass through the process of KYC? Nowadays, almost all exchanges have implemented the process of KYC verification and it's all for the our good.

You are right, there are many similar topics already answered. I recommend you to browse older posts and get your facts straight. You seem to ask wrong questions here. No one can recommend the best exchange for you because you did not give us any specific information for your case. Which coins do you want to exchange? Do you know the difference between the stock exchange and the crypto exchange? Why do you want to avoid verification procedures?

Thanks for you . This is not about anonymity - in today's world, it is very difficult anyway.

I am thinking mainly of security and comprehensiveness. It's really better to entrust your data and be calm about it. Who will guarantee that this will be the case.

Do you think the gentlemen are good? I know the banal question I can look for myself rankings and opinions.

Only the problem is that it is really good to choose and not create an account wherever possible (you never know who is on the other side).

So what criteria do you use to choose a good, reliable stock exchange?
Whether mainly market cap, withdrawal speed / deposit speed. Trouble-free operation and assistance in case of problems. Or maybe something else, the number of new currencies on the stock exchange?

So you do not want to entrust your personal data to a respectable exchanges out there but you would trust the recommendations of random people here on the forum? Interesting...
Just do you own research and don't rely on other people's opinions.

Since he doesnt have any idea yet then its not really bad to take or listen on someones idea when it comes to suggestions.If you have chosen someones advice then its up to you if you would able to follow it up with corresponding research about it which will able to convince you on on following it. For now i can suggest always go for top reputable stock exchange but i cant assure if information given would be secured on what you are trying to seek up.

What the Op expects is an impossible task, and the same has the only way which is to find the person who accepts assets and provide fiat in hands. Other than this no more solution, because each and every exchange has got its own method of verification for each trade.

There are many trading platform where you can trade without verification but you need to create account and there will be daily withdrawal limit. The one with higher daily withdrawal limit is binance.

You can convert your crypto to fiat without account registration or verification only if you are from few countries where bitcoin is legal like in Australia. You can use services like paidbycoins or livingroomofsatoshi to exchange your coins without verfication or account creation but you have to share your bank details which they might keep in their records. Localbitcoins like trading platform are good for converting bitcoin to fiat without exposing yourself but risk of getting scammed is high there.

We call crypto trading platform or exchanges for platforms where we can trade cryptocurrencies not stock exchange like you have refereed above.

If you’re just looking to change one coin for another at a low fee and anonymously, Shapeshift.io is a pretty good option. I’ve used them in the past to convert LTC and Doge, etc to BTC and my coins were exchanged to BTC very quickly with just a bit of delay in the actual conversion.

Binance is a good option for verification-free trading, but there’s a 1BTC limit per day if you’re not verified IIRC. Still good considering you’ll need verification for almost any exchange service nowadays.

If your token is listed on any exchange then you can exchange it with fiat as soon as possible but it not that will be another issue, since many coin and token are already dead before even reaching the changing site.

If you win that over the airdrop or reward from your bounty, then you must stay tuned on your telegram channel since they will announce there which exchange the token will be.

OP, how can you participate in so many bounties and translations at the same time? if you are looking for a magical exchange service to take your tokens and give you a real cryptocurrency for them, you could search for decentralized exchanges to dump your worthless tokens if you could even get them from bounty scammers:

He didn't say he participated in so many bounties for the coins, he probably might have bought the coins through the ICO sales. Though, I get why you might have said so because he has so many coins and looking for an exchange to put them in with verification; it sort of looks somehow though.
But OP, I don't really get you, do you mean stock exchange or coin exchange? There is different between the two though.

Hope he will come you better to understand it mate. I advice you to better go with pm him and you can answer for the issue then. If you do not understand why you simply wasting your time to this person mate.

I see many people spamming out the various even the op poster did not reply for the further. If he got the answer or not active mostly they would reply buddy, better you can stay way from these kind of threads.

i think the best way to exchange you coin is sale it to people  in you country

that is fast and safe

you can search for people on localbitcoins.com

People from above my post are right, probably there is no anonymous exchanges today since the regulation has been passed already because lots of exchanges and ICOs targeting the investors money and after that most of them are gone to wild without a single word. But you have the freedom to choose on which bounty do you like to invest your money and the most usual way is to do some research of that team and their project to not getting scammed.