Are there any P2P exchanges without KYC or AML requirements?

[markcolls]

I am looking for some crypto-crypto (not crypto-fiat) P2P exchanges which have no KYC or AML requirements.


EDIT: I found 1 options so far (hodlhodl.com). Anymore?

[o_e_l_e_o]

The three most commonly recommended and used are Hodl Hodl, Bisq, and LocalCryptos. None have any KYC or AML requirements.

Hodl Hodl and LocalCryptos are very similar - sign up to their website, post or accept an offer, organize the trade with the other party via the provided escrow.

Bisq is different, and is also my favorite of the three. Instead of using their website to organize trades, you instead download their open source software and run it on your machine. The platform will then connect to other users directly peer-to-peer over Tor. From there on the process is similar - post or accept an offer, and organize the trade via their built in escrow. Because you are running the software yourself over Tor, it has significant privacy benefits over the other two in which you trade via the website.

[JeromeTash]

Nice recommendation made by @o_e_l_e_o. I have personally used Locaicryptos in the past and it's awesome. Another one that I know that can offer crypto to crypto is https://localmonero.co though it's limited to specifically buying and selling Monero for other cryptocurrencies available in the marketplace but it's pretty good if you don't mind using monero in your trades.

This list could also be useful - https://bitcointalk.org/index.php?topic=5224711.0

[hugeblack]

You can still use this forum (choose the currency exchange section) with a trusted person as collateral.
You can also post online and ask who is trading with you instead of sitting in a public place. You can use these mediation sites.

Unlike the new product, all devices are limited and the settings are complicated.

from above bisq is your best chance, others can ask for 990000 dollar

[Findingnemo]

I am looking for some crypto-crypto (not crypto-fiat) P2P exchanges which have no KYC or AML requirements.

Localcryptos is an alternative to hodlhodl as other mentioned above but we can't simply say its complete KYC free exchange because traders are free to set their own trading terms on that most of the traders asks your identity for one time verification and this is common practice with fiat to crypto conversion.

But since you are looking a platform just for crypto to crypto conversion then why you shouldn't go for an exchange? Which is far better and secured that p2p trading expereince.

[o_e_l_e_o]

But since you are looking a platform just for crypto to crypto conversion then why you shouldn't go for an exchange? Which is far better and secured that p2p trading expereince.

That's very subjective. The only way in which a centralized exchange is categorically "better" than a decentralized peer-to-peer one is that it is faster to execute a trade. With a centralized exchange, the security is worse, the privacy is worse, you have to give up control of your coins, there is a higher risk of being hacked, there is the chance they freeze your coins or account, etc. Crucially, for someone like OP who is looking to trade without KYC requirements, any centralized exchange (even ones which allow some users to trade without KYC) can and frequently do spring unannounced KYC on their users for completely arbitrary reason or due to the trigger of some unknown algorithm or system.

If you want to trade with the guarantee of no KYC, then you will never get that at a centralized exchange.

[Findingnemo]

But since you are looking a platform just for crypto to crypto conversion then why you shouldn't go for an exchange? Which is far better and secured that p2p trading expereince.

That's very subjective. The only way in which a centralized exchange is categorically "better" than a decentralized peer-to-peer one is that it is faster to execute a trade. With a centralized exchange, the security is worse, the privacy is worse, you have to give up control of your coins, there is a higher risk of being hacked, there is the chance they freeze your coins or account, etc. Crucially, for someone like OP who is looking to trade without KYC requirements, any centralized exchange (even ones which allow some users to trade without KYC) can and frequently do spring unannounced KYC on their users for completely arbitrary reason or due to the trigger of some unknown algorithm or system.

If you want to trade with the guarantee of no KYC, then you will never get that at a centralized exchange.

Agree that we can't get complete KYC free exchange on any centralized cryptocurrency exchanges even there is no KYC requirements in the first place to trade there. Security could be worse but when we are going to use the exchange for only trading then all the funds should be moved to wallets once trades are completed and thats how I am following. Even though I love to trade on peer to peer but only for fiat conversion.

[JeromeTash]

Localcryptos is an alternative to hodlhodl as other mentioned above but we can't simply say its complete KYC free exchange because traders are free to set their own trading terms on that most of the traders asks your identity for one time verification and this is common practice with fiat to crypto conversion.

But since you are looking a platform just for crypto to crypto conversion then why you shouldn't go for an exchange? Which is far better and secured that p2p trading expereince.

OP doesn't want anything to do with KYC or AML requirements, so a centralized exchange is a no-go area for him. It's very likely that he's from an area where regulations are so strict like the US to an extent that some exchanges block customers from there to use their services.

It's also very risky using centralized exchanges if your BTC is from bitcoin mixers or certain conjoin wallets. The BTC could easily be blocked citing "suspicious" transactions
As for security, I don't think centralized exchanges are far more secure than p2p exchanges. If this was the case then the likes of Binance, Kucoin, Bitfinex wouldn't be appearing in about being hacked.

[Findingnemo]

It's also very risky using centralized exchanges if your BTC is from bitcoin mixers or certain conjoin wallets. The BTC could easily be blocked citing "suspicious" transactions
As for security, I don't think centralized exchanges are far more secure than p2p exchanges. If this was the case then the likes of Binance, Kucoin, Bitfinex wouldn't be appearing in about being hacked.

It depends on the exchanges that is why we should spend some time on reading their ToS while signing up. Decentralized exchanges are supposed to be more secured but we in the past we had faced such type of exchange scammed users because they are Pseudo DEXs.