Bitcoin Forum

Most of the new members here, have done Kyc especially those into Crypto trading before joining this forum and discovered the dangers of Kyc (I am with this group) and so all we can do is to try to avoid Kyc and hope our past mistakes won't to haunt us. My aim is to get reviews about the best non Kyc trading exchange at the moment in order to advice those I know that want to go into trading (because I can't just tell them the dangers of Kyc without giving them a solution). Though there have been post about this before but its a known fact that some of this exchange may later switch to using Kyc or be less reliable  as before. I know Bisq exchange is good but you can't trade with it on it mobile app (and not every traders has a pc ) and is not really beginner's friendly.

For decentralized exchange: https://bisq.network
For a centralized exchange: Kucoin (https://www.kucoin.com/).
Read more here: https://kycnot.me/
Current list of exchanges without KYC (https://bitcointalk.org/index.php?topic=5414539.0)

Know that centralized exchanges can demand for KYC at anytime, it is not your private key, it is theirs and they have control over your coins because the coins are theirs on blockchain, not yours on the blockchain.

Bybits will soon make KYC mandatory.

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Edit: Kucoin will make KYC compulsory

https://cointelegraph.com/news/kucoin-crypto-exchange-to-introduce-mandatory-kyc-in-july

When you say "go into trading", do you mean actively trading on the daily basis, or ocassionally buying crypto for fiat? I am asking because if it is the former, then Bisq and similar truly decentralized non-KYC exchanges are not a very good solution (beside not being very beginner friendly and having very limited number of trading pairs) due low volume so you may have to wait for days for your buy/sell order to go through and that's not something that as a trader you want.

If I have to chose one non-KYC exchange to recommend, that would probably be Kucoin. I've been using it for years and so far I wasn't asked for KYC but then again I never dealt with big amounts because I know that at any time they can ask for documents and in that case I am ready to lose the money I have there.

If you want to trade via Lightning Network, private P2P exchange, check Robosats: https://kycnot.me/exchange/robosats

Robosats onion link: http://robosats6tkf3eva7x2voqso3a5wcorsnw34jveyxfqi2fu7oyheasid.onion/

A short review from kycnot.me

I would like to know the criteria of what kind of trader you are I mean crypto to crypto trader or looking for a non KYC exchange to. Do crypto to fiat and vice versa trades.

Because there are many decentralized exchanges out there where you can do crypto to crypto trades with complete anonymity whereas the problem occurs when it comes to fiat cause lot of regulations when we are talking about fiat currencies. As far as I know Bisq seems the only real p2p where you never need to do KYC compliance because its not really a platform whereas other p2p exchanges out there which may not have mandatory KYC at the moment but they will be forced to do at any moment.

You can trade below the tide for centralized exchanges, for binance I believe it used to be 2BTC; being the amount you can trade with before you are required to submit personal details. This could vary from exchange to exchange and some could at any time require you to submit them even though you have been trading below the stipulated amount, so always bear that risk in mind.

Decentralized exchanges typically have low liquidity die to traders preferring to use centralized exchanges, if that sentiment gets broken it would be able to serve the non KYC compliant traders.

There are still some exchanges that don't require KYC not only the list of kycnot.me but there are still other exchanges that don't have KYC like coinex.com exchange I used this exchange since before but the only problem is they only have a $10k withdrawal limit but still it is good if you are a small trader and Coinex is own by ViaBTC which is a well-known pool that provides free transaction accelerator.

Yes I guess 10k withdrawal limit is still ok for a non-KYC exchange since we have been sorting after fully decentralized Bitcoin exchange because we have limited numbers of fully decentralized exchanges which have led to the use of some reputable centralized exchanges that offer an exchange in high volume but strictly on KYC.


But if an exchange can offer a $10k Bitcoin exchange limit I think that is enough liquidity to put so many things in check, better still if the 10k limit is based on daily limits because that will make it more fun to use since one will basically plan out his/her limit in transactions and spread them to run through several days.

I used to only know those that have mentioned specially kucoin which is one of the oldest ones that we've got now that managed to survive many seasons of the market.

This is so true, they may be a non-KYC exchange today but we don't hold the future of it, and sure there will be changes and they'll require their users to start complying with KYC. Once the regulators start knocking these non-KYC exchanges, they can't avoid that and even if they don't want to implement the policy of having no-KYC, there is nothing they can do but to comply as well to what the regulators will say.

As far as I am concerned, all CEX are under a region and that region has a government with laws governing it so therefore all CEX will be subjected to KYC as time goes on. If they do not do KYC now do not forget that there are always a way to get the crowd and the government knows what to do the getvat the CEX for failing to meet up with their demand so no CEX would want to fall victim of the government wrath but do as it pleases them. So do not be decieved CEX are government wing of Crypto exchange that must do kyc.

Centralized exchanges have the power to alter their rules and terms & conditions at any time. Some exchanges, such as Kucoin, allow trading without KYC, but this policy can change at any moment. Bybit was previously a popular exchange that didn't require KYC, but it will now be mandatory. Therefore, it's not advisable to be too confident in trading without KYC on centralized exchanges if you want to stay completely secure. It's best to use a reputable decentralized exchange. However, if you choose to trade on Kucoin without KYC, exercise caution as it is well-regarded but subject to change.

Best mobile alternative for Bisq exchange I know is called Peach Bitcoin, it's an app that can be installed both on Android and iOS devices, and it works like peer-to-peer exchange.
You can exchange Bitcoin with other people for various types of fiat currencies or you can join live meetups for trading in person.
There are no kyc for this but there are certain limitations for amount of money you can trade, and this is only available in Europe for now.

Good option if you use lightning network Bitcoin is RoboSats, so check that out also.
One more web alternative is AgoraDesk, and there are other exchanges but they don't work with fiat currencies.

You can refer to this link discussion:
https://www.reddit.com/r/CryptoCurrency/comments/s8l7vc/list_of_nonkyc_exchanges/  for the list of non-kyc exchanges.
https://www.reddit.com/r/CryptoCurrency/comments/zn32hr/are_any_crypto_exchanges_nonkyc_still/
https://www.reddit.com/r/Bitcoin/comments/yz23au/best_non_kyc_exchanges_to_buy_btc_on/
https://coinledger.io/blog/non-kyc-exchanges

But take note: if the exchange is centralized, they may shift to KYC exchanges anytime since their service is under the regulatory law.  It is best to choose decentralized exchanges if you really wanted to use non-kyc exchanges because there is no possibility for these decentralized exchanges to require KYC.  They are created for that purpose of not implementing KYC for anonymous transaction.

I'm using Kucoin, so far there have been no issue.

I don't understand why nobody mentions Bitfinex, neither Yobit? There are also several exchanges from Switzerland allowing fiat exchanges (buying or selling) without any KYC under $1000 per day thanks to the Swiss (outside European Union) legislation  :
Mt Pelerin, Bity, Relai, Bittr, Peach, ...
https://www.mtpelerin.com/faq/how-to-buy-bitcoin-in-switzerland

Mexc is still working without KYC and you can easily buy sell deposit and withdraw.  i have also one question here.

Can we buy Usdt or btc in Cex through Credit card without Kyc?

Yobit is a shady exchange with listing of scam tokens, the exchange should be avoided. On yobit, you can even gamble when it is not a gambling site. To avoid the exchange is my advice.

I do not know much about Bitfinex.

No one mentioned Bitfinex because @Amphenomenon asked about non KYC exchanges and you can't use Bitfinex without KYC.  Regarding Yobit, its one of the worst possible exchanges around that shouldn't be used at all, no matter whether they ask for KYC or not.

Not really, no. You might find some unregulated platforms, but it's probably best to stay away from them.

An alternative would be to just trade with other individuals using bank transfer, or maybe you could order a Wise or Revolut since that's widely used.

Just go for decentralized exchnages (DeX) , most centralized exchnages with no KYC have limited buy order per day unless you are sure you won't reach the threshold, maybe you want to buy max of 1000$ crypto per day then it's fine, the best-decentralized exchange that I like using most of the time is

1. GMX.IO < This dex reduces the risk present in liquidation and save transaction costs with simple swap features, very easy for any newbie to use.

Or

2. Gains.Trade < This one is based on layer 2 with fast order trading and minimal gas fee, pretty identical to GMX and it's very easy to understand for any newbies as well.

These exchanges are better than any centralized exchanges in the crypto space, there is no need to leave your coins on the platform since you will be trading for your wallet direct, and there is no need for any KYC verification.

Are you sure about this common limitation on centralized exchanges?

The most common limitation I know is daily withdrawal amount if they allow you to use their service without KYC verification. Nowadays very limited centralized exchanges give their user non-KYC policy.

Kucoin (https://coinmarketcap.com/exchanges/kucoin/) is the best centralized exchange without KYC. There are others but with smaller trading volume, more trading bots, more wash trading volume and perhaps worse security.

I think MEXC is the most popular now, along with Kucoin. However, i doubt it will stay that way for long and most successful exchanges are now asking for KYC. Bybit was a very successful non-kyc exchange but that has now changed. Keep minimal assets on the exchange just in case they require it without warning

I was reading the thread a few days back where the topic was particularly discussing about the Sale of the KYC-appro accounts on sale at Balck markets and people were buying them I am not sure about the intentions but this is what KYC imposers do with your personal information. I think avoiding KYC should be the first lesson to be learned in the Crypto market. Because you never when these central KYC imposers are gonna dumb you.

Using identities of others is stupid and very risky. It is unofficial theft and you might get trouble any time with exchanges, with police.

If you are not bad guy, you can submit KYC with your own identity documents and use your account officially fine enough.

If you are not bad guy, but don't want to do KYC, you can pick non-KYC exchanges to use. If it is your choice, remember those exchanges can be seized by governments, they can close their service, they can change from non-KYC to KYC. So you should never connect all your capital with them. Only use them when you can enjoy their non-KYC services but aware of those risk types in future.

What is more annoying about it is that in most cases, they do that without informing their clients and can at any point in time take action against their clients that are just too lousy to read terms and conditions. That is why it is advisable that at some point, one needs to do the needful by reading terms and conditions so as to be on the safe side before doing anything not inline with terms and conditions or service of the CEX. The aspect of one trading on CEX without KYC is very risk because at the entire end, you might loss your investment because the CEX might sight a terms of service against the client and possible if the client IP reads from a restricted zone, that is final as the funds or assets would possibly be frozen.

Kyc verification is not better than before where you can only submit your identity card and you get approved, now you will need to lively submit your selfie, not submitting a saved picture, Binance and Okex are now using such tactics for their KYC verification.

True be told, it's stupidity to use someone else ID because you want to trade or use the exchange because you can end up in a situation where you need to submit more than your identity for certification, and imagine you are asked for bank statement and other.

If you are not ready for this, avoid centralized exchanges at all cost, we have Pancakeswap and DEX that requires your wallet connection only to perform trades and swaps.

You can avoid this on some exchange since Kucoin doesn't require there users to submit their KYC. But they have set limits which is fine especially when you trade small amount of money and will not exceed to 1BTC a day. For now this is the best casino for no KYC needed category since they are somehow reputable exchange which operates for long years.

 Any other exchange well I can't trust them especially those new ones stating that they will not require KYC to anyone.

The use of the bitcoin becomes now set aside because of the centralized platform, if you are using a exchange for every transaction you made for example trading, ideal to use the decentralized platform, but today we are now dominated by the different centralized exchanges so the only option of the investor is to use the centralized platform still they keep avoiding the KYC still some of the platform has a not mandatory KYC like only level 1 with the phone number and email for its recovery, again if you are active in trading ideal to use the centralized/decentralized platform but if you are not and just buying coins holding for a long term its not your coin unless you transfer it in your wallet with private keys.

If you're given lists of centralized exchanges that are KYC free now but you don't ever intend to go through any type of KYC in future, I will advise you don't even start with any of them. At some point in future, these KYC-free exchanges now will ask for KYC. If Binance which was KYC free when it debuted in 2017 could later mandate its subscribers to go through KYC, I don't want to trust that any other KYC free exchanges now won't toe that line later. Wait till these exchanges have grown their subscriber base and see them change like the chameleon. OP, your best bet should be to go to Dexs which are absolutely KYC free.

Using exchanges that may ask KYC at any time is not recommended for someone who never wants to go through KYC cause even if they don't seek mandatory KYC for 1BTC/day they simply ask any random day to complete KYC so until all the funds in exchange's wallet will be on hold.

It seems trading without KYC on centralized exchanges is close to impossible even we don't have lot of p2p options so we have only option is to use DEX.

Hope OP has got some idea about the best non KYC exchanges. To summerize the best non KYC exchanges are Kucoin, Mexc ,Coinex, Huobi etc. In Huobi Global exchange you can withdraw opto 10K $ without KYC.

If you want to know about some other non KYC good exchanges then I will suggest to use Cointiger exchange which is really a underrated exchange and provides good service in my opinion. Another non KYC exchange with a lot of trading pairs, listed coins and offer lower fees is XT exchange. Though I will not say they are the best exchanges but quite impressive exchanges with good features and service in my opinion.

Bisq is a great choice if you want to use it on your computer, but there is one very good alternative for mobile devices and it's called Peach Bitcoin.
This app is available on iOS and Android devices and it can be used for p2p trading of Bitcoin with fiat currencies in Europe, all that without any kyc verification (with some limitations).
One thing I don't like is that PeachBitcoin is not open source, but they announced license will be modified to MIT+CC soon.
You can do your own research here:
https://peachbitcoin.com/

AtomicDex is another exchange that can be used on mobile devices but only for trading with crypto, not with fiat currencies.
Volume is not that great for some smaller altcoins, but it works.
https://atomicdex.io/

Another good resource to explore is kycnot website:
https://kycnot.me/

It's only exchanges and platforms that seem to have unprofessional services that usually do that kind of stuff. If not, there should be some form of information and notification telling users and customers the areas in which the T&C were updated.
Any platform that is not doing that should be used with caution, as such platforms could be very risky in the future, for they can just implement something that could be used against their customers in their own favor.

Kucoin is probably (for now) the best option.

I use an independent Bitcoin Miner who I've known for years (met on Local Bitcoins, we're still friends after all these years) who will send me Bitcoins to my Wallet if I pay for them.  A few days wait in between ordering, mining and receiving the Bitcoins is nothing IMO to the alternative hoop-jumping of what the SEC etc. want and will only make tougher down the line.

I won't shill names here (no names, no pack drill) but if anybody is genuinely interested then they can reach out to me. 

I should point out that if a person mines Bitcoins that it is not illegal to sell them on if he/she wishes to do so. 

KYC free is now the new trick exchanges use to lure people to getting registered with them when they grow their customer base to a much bigger number, they bring in KYC policy so as to bend them to their own conditions and at that moment, every one would be forced to undergo KYC so as to safe guard their assets and funds otherwise they may be on the edge of lossing it all.

I think this step used by exchanges is a very bad one because they are playing pranks with people and deceiving them to getting registered with them with cock and bull promises and at the entire end, they deviate from their promises. It is misleading and dissappointing.

When they manage to grow their business bigger - then the government will demand that they apply KYC to get license to operate in their jurisdiction. I wouldn't be surprised when some of them change the TOS on the way - it's happened to several other well-known exchanges.

You're right - Binance is one of them, of cource- but I wasn't there at the time.  :D

1 BTC a day on the Kucoin exchange is only applicable to withdrawals and deposits, I believe. This restriction does not apply to trading.


I was actually there when it happened, and thankfully, they let all users withdraw funds from the platform without going through KYC verification. It was definitely the right move in that situation, and I hope other platforms take note and avoid locking user funds and demanding KYC.

From July 15 , Kukoin introduces mandatory KYC: "Starting from July 15, 2023 (UTC), newly registered users must complete their KYC in order to use KuCoin's products and services" - https://www.kucoin.com/announcement/enhancement-of-kucoin-customer-identification-and-verification-program
And this means that if there are still any exchanges without KYC, then we can expect that after some time, a mandatory KYC will also be introduced there.

This option has became from the past, and it is better to talk here about kucoin was KYCless exchange that they were not strict in verifying identity, or it was not compulsory, or it was possible to bypass it without uploading the files.
The alternative options are now limited to OKX, you can try it, but I expect that they will make the same decision in the next few months.
The next option may be the forum, there is a good possibility of fast non-kyc crypto exchange if you are trusted.

I always don't see any reason why a trader should be fearful of doing KYC on a well known legitimate exchange once the source of the funds you're moving to the exchange is from a legit source and also being used for legitimate activities and businesses.

One important reason to avoid KYC is that corporations lose data in huge amounts, and the attackers who acquire it can cause very significant trouble. This is a waste of time, money and nerves.

If you look at the biggest corporate data breaches reported by Wikipedia (https://en.wikipedia.org/wiki/List_of_data_breaches), you can see that most of these corporations are not held accountable enough, and some lose data more than once. And exchanges collect enough information for KYC to go through a similar procedure in so many places. And accounting data from exchanges leak regularly.

If we take into account only the monetary part of the losses, according to Britannica (https://www.britannica.com/money/identity-theft-protection), in 2021 in the United States alone, 42 million people became victims of identity theft, which is 12.5% of all residents of the country, including infants. Total losses for that 2021 alone from identity theft amounted to $52 billion.

Of course, it is up to you to decide, but there are reasons for a respectable person not to undergo the KYC procedure.

That's right, and that's what I have tried and have become one of the users of the platform. However, there is also a need to pay attention when sending or selling assets when we trade there. Certain coins have varying costs, both wd and deposit to others and for the others you mentioned I haven't tried them. thanks for the additional info.

I think I have to edit my post because Kucoin will begin to make KYC compulsory. https://cointelegraph.com/news/kucoin-crypto-exchange-to-introduce-mandatory-kyc-in-july

After the announcement by Kukoin that mandatory KYC is being introduced on the exchange, many traders chose BingX exchange for trade, which currently lacks KYC. But there are no guarantees that after some time, the exchange will not revise its rules and introduce mandatory KYC for trading.

I was thinking have to go through KYC is a better option when trying to use exchange as so to know who the assets really belong to, but coming across this post am kind of freaking out because I cant even count the amount of exchanges have actually done kyc... in the other hand i should be in the safe side of not using my exchange wallets as a means to store assets.

It seems to me that it is only a matter of time before the regulators can get to all the exchanges, and OKX will also not be able to resist for long. There are still options, but we need to be prepared for the fact that in the end all exchanges will require verification. Recently, this trend has intensified.

IMHO, the absolute best platform in the world to buy/sell bitcoin without any KYC is RoboSats.

It requires some technical know-how and you have to have some sats to lock into the maker bond to place orders but once you use the platform a few times, it is without a doubt in my mind, the best way to buy bitcoin without any KYC.

Well, there's really no reason to freak out, quite rightly you've lost your privacy, but just like so many other people who use these exchanges have done. The reality of it all is that it is inevitable for people to use centralized exchanges because of some of the features it offers them, coupled with their needs, but it is a must not to use an exchange wallet to store your asset.

Kucoin and OKX did followed.

It's true that it's just a matter of time until many of these non kyc exchanges will turn into kyc required exchanges. Maybe we still get some hope from those actual p2p markets that don't really require kyc.

But for the majority of the centralized exchanges that don't require kyc, if there are still others that don't enforce it. It will no longer be a surprise if they does.

Every action has a reaction, and on average most people don't like having their personal data exposed and recorded on (KYC) platforms. Maybe the reason seems classic, that is, if there is one more thing, there is no guarantee that the data is safe, it will be deleted or, at worst, used for other purposes. Yes. The potential for change is definitely there. because each plotform requires operational costs and pays employee salaries. One of the turnovers is the taker maker fee which is charged for every transaction whether WD, transfer or so on.

Do you really think this exchange is the best and you are not confused by the fact that RoboSats was registered a year ago? And given the fact that this exchange is not in the Coinmarketcap rating, which lists even shitty exchanges, I would not recommend using it.