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Hey I was happy with Kucoin for a long time but now they are useless (for me) because KYC is required.
I tried Margex yesterday but that's the wrong way, I only need 1 to 1 exchange no 5x or 100x stuff.
now I try fixedfloat but 1% fees is too much, and I also don't understand when I exchange BTC why they charge 30 USD but I'm the one sending the BTC! ?

I see many services here on the board, but I need a service that is trustworthy.

How are they useless? You can not because a centralized exchange requires KYC say that the exchange is useless. Kucoin is still one of the most reputable exchanges so far.

Most exchanges that did not require KYC in the past are now requiring for KYC. The ones I remember last that did not require KYC are MEXC and BitMart. But I read somewhere that MEXC is now requesting for KYC but I am not that sure about that. BitMart has certain limit you will withdraw that they will ask for KYC. Read their KYC withdraw limit for non KYC custom.

You may find yourself going for lower ranked exchanges if you need no kYC centralized exchange.


Or you can try to use decentralized exchanges derivative market like Pancakeswap

AFAIK, MEXC still doesn't require any identity verification and you should be able to use the change by simply filling in some personal information.

You should know there were some reports of people not being able to withdraw their funds after the CEO deleted his twitter account a few weeks back. I didn't follow the story but you may want to keep that in mind or do more research before using them.

[1] https://cointelegraph.com/news/mexc-crypto-exchange-clarifies-deleted-ceo-account-amid-withdrawal-issues

sorry i mean useless for me, it is still a very good service.

@Oshosondy
what is AFAIK? i find no info in google

i will take a look at mexc. the name bitmart i hear a lot i will check this also. thank you.
any more exchanges that dont need KYC?

There is a 2nd option there, 0.5% where the amount you'll receive will depend on fluctuations, it will be like a market order in the spot market.

Who do you think should pay the fees and who should receive them?

I mean if i send USDT and get BTC i pay 0,5 - 1% fees to fixedfloat + the fees for BTC network that i got the BTC.
If i send BTC to get USDT in ETH Network i pay the ETH Fees and the regular 0,5 - 1% fees but i pay more to fixedfloat, i pay also fees for BTC but why? i mean if i send i already pay fees for the sending of btc.


I check Trustpilot for BitMart and MEXC it have really bad reviews in last time? how can i find out if i can trust a plattform? is here any topic for BitMart where i can read about it?

How can you trust anyone's reviews when choosing an exchange? If I, for example, write that I have not had any problems with MEXC, and someone else writes that his account was blocked on this exchange, who will you believe? You can be told which exchanges work without KYC, but you have to choose for yourself.

P.S. BTW, on MEXC, withdrawal for unverified users is 30 BTC per day. Will that be enough for you? If not, you will have to go through KYC.

Are you asking for leverage or regular crypto trading?
You won't find any centralized exchange that is doing no-kyc fiat trading, but there are few more left with crypto only trading if you are willing to take the risk.
Poloniex, mexc, coinex and few others didn't have strict kyc last time I checked, but I see they also started to make changes because of new regulations.
There are good alternatives like PeachBitcoin, Bisq, Agoradesk, Exch, Robosats, etc. but do your own research.

Have you ever tried it?
The general swap practice is to take fees (network and services) from the coins you own, which in your case is bitcoin. You'll not be charged any more fees in ETH because you're a USDT (erc20) recipient.
Fixedfloat is a bot but they're centralized, so they may charge higher fees than the network recommends.

---

I just checked my old safepal wallet, apparently they've been connected to some other exchanges like Bingx and Mexc to use their swap feature without KYC. The service fee is only a flat 0.2%, excluding network fees (out-in).

Because every on chain transaction requires a miner fee which as you may have guessed with the name, goes to the miners. Some exchanges though inflates their withdrawal fee, I'm just not sure with fixedfloat since it's an instant exchange and how much in percentage. In any case, most exchanges will ask you to pay for it.

If you're looking for instant exchanges, try exch.cx as they're pretty transparent with the network/miner fee.


To be fair, all, if not most reputable custodial exchanges have poor reviews on trustpilot.

To name a few:
Bybit (https://www.trustpilot.com/review/bybit.com) - 1.9 overall score
Binance (https://www.trustpilot.com/review/binance.com) - no overall score but 66% is made up of 1 stars
Coinbase (https://www.trustpilot.com/review/coinbase.com) - 1.5 overall score
Kraken (https://www.trustpilot.com/review/kraken.com) - 2.0 overall score
Kucoin (https://www.trustpilot.com/review/kucoin.com) - no overall score but 76% is made up of 1 stars

For starters, ignore trustpilot, it's not as reliable as you think.

We recently had a discussion about mexc, check it out: Opinions on Mexc GLobal (https://bitcointalk.org/index.php?topic=5482348.0)

Any centralized exchange that you are going to use now and they're KYC free, someday in the near future that will change and they will start to ask you to comply for KYC.

When did you do this transaction? Maybe it was during the time that the fees are quite high. They usually give a warning on red font before doing the transaction when the fees are absolutely high. They don't charge $30 but they have that commission for every trade that you make there and that's why you can choose a fix or floating rate.

It's even a misnomer to call these centralized exchanges KYC-free. They aren't KYC-free. Although a few centralized exchanges offer certain limits to non-verified users, this doesn't mean users are guaranteed that they won't ever be asked to comply KYC for as long as they stay within their limits. They can still be required to pass KYC anytime, even if they don't go beyond their non-verified limits.

Surely, these centralized exchanges like KuCoin, MEXC, and others can't be categorized with legitimate KYC-free exchanges like AgoraDesk.

central exchanges begin by not requesting much data, mostly just the email and sometimes the username, with a100 bitcoin per day. As time goes by, the service expands, and regulatory pressures increase, they will be forced to make it have KYC restriction, so that it becomes 50 bitcoin, then 10, then 10k, then 1000 dollars, and then you cannot do anything and only withdraw is available.
Therefore, all central services that you will use in the future will have a similar story.
Currently Poloniex and MECX do not ask for a lot of data, but things will inevitably change in the future and the change will be rapid. Use them now with small amounts and keep in mind that they may ask you to complete KYC at any time.

Yeah, it's like that whenever they does you'll get subjected to their compliance. Something that expected to happen at anytime nowadays.

I just hope that agoradesk won't be changing their terms with what they are right now as they're loved by the community and remains to be as they are right now. Why? because some said to be decentralized have became semi-decentralized to centralized, I forgot that name of known dex years ago that have reverted its way from being a dex.

I have been using MEXC for a while now and when I log in it says that I should do a KYC before I do spot or future trading. There is no clear answer to questions in the chat.
But what also surprised me is that Kucoin is specified as the sender for transactions. Could it be that MEXC is a subsidiary of Kucoin and is now also subject to regulation?
Do you know anything else besides Poloniex? I will definitely test it but the no KYC exchanges are disappearing more and more.

Kucoin & MEXC headquartered in Seychelles, so there may have been an update in the legislative regulations of that country.
CEXs necessarily require KYC, but the only difference is that some of them are located in countries that are not strict in legislative regulations, so they set limits such as 100 Bitcoins for withdrawal per day and do not require you to deposit in dollars.

You can try HTX, their level 1 KYC only ask your country, your name and your birthday, you can withdraw up to 5BTC/24 hours.

It's strange that MEXC ask you to complete KYC before you trade, why you not try to use wallet that has built-in exchange like SafePal? I've successfully trade multiple times without need to submit KYC.

You can try the exchange at my signature. I have been using for a years and didn't encounter any issues. Use my link and you will get 2% rebate on every trade in exchange for it.  ;)

Uh oh. KYC information from their self help bot has changed!

https://www.talkimg.com/images/2024/04/10/jdH78.png

Yeah, we get 10BTC daily but the important markets are not supported? nice word play if so lol. In any case, MEXC is def switching to mandatory KYC, rip. Well, we all expected this at some point.


Just a guess but they could be getting some liquidity from kucoin 🤔

I'm not aware of the relationship between KuCoin and MEXC, but don't expect too much from centralized exchanges offering non-KYC services. They're only non-KYC until they require you to go through it. You'd be disappointed because you already have funds in your account and they're held hostage, but it might actually happen anytime. You should know that right from the start. Whether MEXC is offering non-KYC services or not isn't the issue because KYC and AML have always been part of their ToS. The same with KuCoin. The same with Poloniex. The same with all centralized exchanges.


Are you promoting BingX? It doesn't have a good track record either. And don't be like them; don't mislead people in believing they can use such services without ever complying KYC.

"By creating an account on BingX, you agree to share personal information requested for the purposes of identity verification."^[1]

---

[1] https://bingx.com/en-us/support/articles/360033286474-CustomerAgreement/

I've been using it for over a year already and wasn't asked for any KYC. KYC is required when you are going to do a p2p transactions on the platform

Well, I'm not a user of BingX, and I also don't know whether they have a certain threshold allowed for non-verified users, but their customer agreement is self-explanatory. It's clear and straightforward. And it doesn't say that personal information may be requested and shared if you use their P2P services. Rather, it says that "by creating an account on BingX", you agree that your personal information may be requested and shared. That's unequivocal.

I cross-checked and non-verified accounts are indeed welcome, see: https://bingx.com/en-us/support/articles/4576854622361-BingXTutorialHowtoCompleteKYCorIdentityVerification/

But in such cases, I like the term no-mandatory kyc more instead of a flat no-kyc. Though OP most likely is accepting the former as well since kucoin is mentioned which was a no-mandatory kyc exchange previously.

Looks like things have changed with BingX. This is their current KYC policy (screenshot from the article you linked) -

https://i.imgur.com/Ey2tk9K.png

https://bayimg.com/7357bee9405ee391581e0806e60c994345a04643.jpg

Looks like it:

They appear to be following steps from previous exchanges as well. IIRC some also introduced soft kyc where you just fill out information before eventually settling with mandatory ID involved KYC.

I might as well mention that MEXC also retired unverified accounts as I wasn't able to use mine several weeks ago. Welp, we all saw this coming so I doubt these would get a surprise face from you all lol.

At this moment, the following exchanges seem to be working for me.
(Non-KYC, unverified account created & operated via an East European country IP using a VPN)

HTX (Formerly Huobi): 5 BTC daily withdrawal
MEXC: 10 BTC daily withdrawal
Poloniex: $10,000 withdrawal per day, can be increased to $50,000 by adding 2FA authentication to your account
CoinEX: $10,000 daily limit, $50,000 monthly limit
Mandala: $1000 daily limit, $30,000 monthly limit

Screenshots:
HTX (https://i.imgur.com/3mAEdtD.png) MEXC (https://i.imgur.com/uIsKELj.png) Mandala (https://i.imgur.com/2stNccz.png)

Edit: Added Poloniex
Edit 2: Added CoinEX

In addition to having a list of restricted countries (just like pretty much almost every CEX out there) it looks like they took a step further and banned the IP addresses from those countries. So a VPN might be required to use them. See here:

https://support.mandala.exchange/hc/en-us/articles/360053415414-Restricted-Countries

To be honest, these limits are quite massive for a non-KYC exchange. I've known in other exchanges that haven't forced verification yet, that they're likely giving 1-2 BTC withdrawal limits per day.

I haven't used these two exchanges yet and thanks for the idea but it won't be surprising anymore if soon they're going to change this policy of theirs for their non-verified accounts.

And with mandala, seems new to me but it's interesting that there's still handful exchanges that don't require kyc.

Is Mandala exchange still operational and working fine?
I remember they first started as total clone of Binance exchange and they even used their backend engine, but maybe something changed after Binance introduced more restrictions.
Last time I checked Poloniex and Coinex exchange had $10k daily limit, but this numbers are changing all the time.

Looks like Poloniex can be a viable choice too. Level-1 (No-KYC) account with 2FA enabled has $50,000 withdrawal limit per day:
https://support.poloniex.com/hc/en-us/articles/360041078913-Level-1-vs-Level-2-Verification-Features

Remember: The idea is to NOT keep any balance on the exchange. Deposit --> Trade --> Withdraw.

Yes, originally their exchange ran on Binance Cloud, using Binance's liquidity pool.
After Binance sjut down their cloud exchange program, Mandala pivoted to independant exchange. If you had an account on the old Mandala exchange, it wouldn't work with the new one. You need to create an account again on the new Mandala exchange.

This sounds shady and $1000 daily limit is very low compared to other non-kyc exchanges I know.
It's also strange that I can't find this new Mandala exchange listed on CoinGecko website anymore, but they are listed on CoinMarketCap website.
I would not risk any trading with this Mandala.

Not a good idea at all. Bitcoin withdrawal fee on the exchange is $237.89.


https://talkimg.com/images/2024/10/16/8LoY1.jpeg

Are you using such exchanges with high withdrawal fee? I see it as scam.

Maybe this is some mistake or old screenshot when bitcoin transaction fees were much higher.
I checked withdrawalfees.com website and they say that binance is now charging 0.001 BTC fee and minimum withdrawal is 0.002 BTC
Highest recorded fee on this website is on Coinone exchange 0.0015 BTC.

Another website coinmarketfees.com is showing different numbers, and they don't have poloniex exchange listed.
I think many exchanges are changing this withdrawal fees very often, but I also remember the days of free BTC withdrawal on FTX scam... someone had to pay for that.  :P

Nothing shady about it, the exchange works well if you can live with the daily $1000 limit. I was also a user of their old exchange, if that matters.
I have made a few transactions with it and have faced no issues so far. I always withdraw funds immediately after making the trade, keeping no balance on the exchange.

I took the screenshot on my mobile device yesterday and I posted it immediately on this forum. Let me post another image now that shows that date on my mobile device.


https://talkimg.com/images/2024/10/18/8Bwl2.jpeg


Can you believe now? Also you can get just an email to register on the site to see it yourself.

It's not exactly a good example of non-kyc exchange, that is why I called it shady, and they are probably using backend from some other exchange.

This is blatant stealing coins from their customers!
It looks like they are forcing people to use their tokens and fake bitcoin on tron network because they have low fees, and they even suspended CZ competition crap  ::)

CoinMarketCap is still listening Hitbtc so it doesn't surprise me if they list other unreliable and badly reputed exchanges (if Mandala is really one of them). Hitbtc still doesn't need KYC afaik, but it's a very dangerous and scammy exchange, Yobit also doesn't require KYC up to now but they are also not well reputed at all. I think the most famous ones are HTX, MEXC and Poloniex as listed above. But it's sad to see that so few exchanges not requiring KYC remain tbh.

Almost a year later, these are still working as intended.

I would add CoinEX (https://www.coinex.com/) to the list.
CoinEX: $10,000 daily limit, $50,000 monthly limit (Without ID Verification)

If its a large platform on the scale of Kucoin - without KYC - there might not really be any.

I came across these that work without KYC
- Nonkyc.io
- Bitunix.com

I've seen users trade on these within the past 4-6 weeks and withdraw without difficulty, ~4 figures USDT (disclaimer: not sure if this is true for all their users though) and I've used them for a bit but for tiny amounts.

Not mentioning the exchange that I work with (NestEx) in this context since we are too new and don't yet have volume on BTC in the range mentioned by the OP.

I've replied here almost a year ago and if that's still working as they've promised. Looks like we have some good non-kyc exchange for now.

Yes, for now and it's still going take some moments for these exchanges that there's the chance that any moment they'll implement kyc.

Not bad and that's also a good daily limit in there without kyc. I think you can make a separate thread about these non kyc exchanges and their limits or we do already have one?

I haven’t heard of these exchanges before, and I recommend that anyone who wants to use them conduct their own research.  Honestly, the platforms you mentioned do not have enough reputation to be compared with KuCoin, and for me, KuCoin is the best if you are considering using any of them..

First platform: Nonkyc
They have not provided a Proof of Reserves Audit.  Check [this (https://coinmarketcap.com/exchanges/nonkyc/)].

I also found the following warning on BrokerChooser, which I’ll quote for you:
^{[Source] (https://brokerchooser.com/safety/nonkycio-broker-safe-or-scam)}

-------------------------

Second platform: Bitunix
Check the following image:

https://www.talkimg.com/images/2025/09/17/UCVaY9.png ^{[Source] (https://www.trustpilot.com/review/bitunix.com)}

It’s clear that this company is using fake reviews to add credibility to themselves, and that is indeed an unethical practice. Also, check the latest recent reviews, they are all negative. ^{[Talkimg] (https://www.talkimg.com/images/2025/09/17/UCVn1m.md.jpeg)}

Agreed, on both points! Both are indeed unregistered exchanges (despite whatever they write about being registered in seychelles or bahamas or xyzzy).

I don't know of any registered, official, licensed exchanges that function without KYC though. And even if they're without KYC right now, within the year they will likely switch to full KYC (as KuCoin is doing, by charging a fee for the absence of KYC)

If they claiming to be registered and they are not, this is a clear red flag.

Most of these unlicensed and unregulated exchanges may defraud their clients, and you won’t be able to go back to a licensed authority to file a complaint,,  nor is there any regulator to protect you since they operate without authorization. This is a high-risk matter, and I agree with what you mentioned : at any moment, if they want to comply, they may demand KYC from their customers.

Therefore,, we should not put our full trust in these centralized exchanges, especially the unpopular, unknown and newly launched ones. You might lose your deposits one way or another, and in the end, you’ll have no one to blame but yourself.

I don't know whether they are fully licensed, registered etc, but I heard good things about BingX, which still doesn't have mandatory KYC. I personally haven't tried it though, but I do believe those people who are using.


Yep, that's what waiting for us in the near future, all non kyc centralized exchanges slowly going for full KYC.