Exchanges with no KYC Policy

[RapTarX]

It has been a trouble for me these days with the limitation issue of non KYC exchange amount. I don’t know a lot of exchanges which have a good amount of withdrawal without KYC other than Kucoin & Ftx.
What are some other exchanges/platform which allow trading without KYC?

[RickDeckard]

You're in luck - there has been quite a good thread started recently (by BitCoinGirl.Club[1]) that focuses on exactly this matter. On her case she/he has additional constraints (such as 1:1 conversion rate or as close as possible) but if you're looking for just non-KYC exchanges then I'll just quote my own reply (if you're in a rush and don't intend to read the thread):

Exchanges that usually don't ask for "too much information", as in KYC procedures, usually offset that feature with a slight bump in their fees. However, if your friend is willing to pursue this path I'm sure he won't mind to pay a bit more considering that his private information is kept away from centralized entities. That said, and considering that he is in the US, I would recommend the following services:

• Bitsq[1]
• Localcoinswap[2]
• Localcryptos[3]

I reckon that he can always use one of the many reputable sellers that we have here in the forum - which I would say its the best option considering the goal - but perhaps he isn't willing to follow that route considering that he seems to be looking for a "no-frills" experience.
[1]https://bisq.network/
[2]https://localcoinswap.com/
[3]https://localcryptos.com/

Besides these ones you can also add HodlHodl[2] (assuming you're not in the US since the service isn't active in there). You'll find a bigger list on this github page[3].
[1]https://bitcointalk.org/index.php?topic=5368479.0
[2]https://hodlhodl.com/
[3]https://github.com/cointastical/P2P-Trading-Exchanges

[DaveF]

It has been a trouble for me these days with the limitation issue of non KYC exchange amount. I don’t know a lot of exchanges which have a good amount of withdrawal without KYC other than Kucoin & Ftx.
What are some other exchanges/platform which allow trading without KYC?

1) What is a 'good amount' your numbers and my numbers are probably way different.
2) Are you talking about putting in fiat to trade BTC and then pull out? Or just general trading of cryptos?

There are a few exchanges that I like that have a $10K withdraw limit per day. Which is WAY above what I care about, but if you are doing multi BTC trades, it's worthless.

-Dave

[JeromeTash]

Withdrawing exactly what?
Crypto of fiat?

What's the ideal amount of crypto or fiat you would like to withdraw

By the way Kucoin used to have a 5 BTC daily withdrawal limit for crypto on non verified accounts. It has since then be reduced to 1 BTC daily. This happened last month. I think you know what that mean

[dkbit98]

What are some other exchanges/platform which allow trading without KYC?

Best exchanges that don't ask for KYC are decentralized like Bisq, but you can can find many others on kycnot.me website.
Some of them that are not on list is Okex, Poloniex and I heard about one called Mandala that is using Binance liquidity and has similar interface.
However, I would be careful using any centralized exchanges that can ask your for KYC at any time, even if it is not mandatory by default with some limitations.

[dimonstration]

Most of the CEX requires KYC for a certain amount of withdrawal and deposit since it is required for AML. Most of the exchange that don't requires despite user account is above what's AML required is surely don't have a license to operate from the country they are based like Yobit Exchange.

You might be looking for a DEX if you want to trade huge sum of money without undergoing the KYC procedure. Crypto is evolving as well as exchange, They need to comply with the law to stay alive. Its either they will change country for operation from time to time just like what Binance did before or simply just comply.

[BitcoinGirl.Club]

snip

Well eventually we decided to deal in the forum. So, I am expecting soon I will have a thread about buying crypto from forum members 🤣

Best exchanges that don't ask for KYC are decentralized like Bisq, but you can can find many others on kycnot.me website.

Problem is the fees that are high or the p2p user ask a percent above the market rate. When you are calculating that percentage it eats up a lot of money.

Well the pros and cons are parallel in everything.

They need to comply with the law to stay alive. Its either they will change country for operation from time to time just like what Binance did before or simply just comply.

Take a piece of land in Mars and run your ISP business from there LOL

[dimonstration]

Take a piece of land in Mars and run your ISP business from there LOL

Hahaha. Great idea if ever Elon Musk successfully create a rocketship that will make mankind go to Mars and inhabit it. Maybe CZ will be happy to be on the priority list and build Binance Mars to finally put coins to the Mars. 

Kidding aside, SEC is the the dead end for small Centralized Exchange that don't have money to sustain there legal department to keep there business running.

[BitMaxz]

Another exchange that I would like to suggest is Coinex it seems no one mention it here it is one of the old exchanges but not so popular here on the forum.
It was owned by the ViaBTC pool which is mostly used by people with miners and other users who use the TX accelerator.

Best exchanges that don't ask for KYC are decentralized like Bisq, but you can can find many others on kycnot.me website.
Some of them that are not on list is Okex, Poloniex and I heard about one called Mandala that is using Binance liquidity and has similar interface.
However, I would be careful using any centralized exchanges that can ask your for KYC at any time, even if it is not mandatory by default with some limitations.

Okex is no longer offers any service to non-kyc users or unverified users. If you deposit there you won't be able to withdraw them without KYC.

Check this link https://www.reddit.com/r/OKEx/comments/leos7n/new_unpublished_limits_for_okex_nonkyc_withdrawals/

[bitmover]

Have you tried to use decentralized exchanges?

If you have ethereum  you can use uniswap for example and exchange it for usdc or whatever erc20 you want. There is no Limit for how much you can trade, and you will receive coins in your wallet.

 Sadly you cannot use bitcoin there.

[The Sceptical Chymist]

There are a few exchanges that I like that have a $10K withdraw limit per day. Which is WAY above what I care about, but if you are doing multi BTC trades, it's worthless.

Yeah, there are two things that seem to determine whether an exchange will require KYC or not--one is the daily withdrawal amount, and the other is whether you're trading with fiat (and a third would be the exchange's regulatory compliance, I guess).  I've never had to go through the KYC process on exchanges, as I don't trade much and never trade in large amounts.  Sometimes my trades are for laughably low amounts.

And OP, I'm sure you got the answer you were looking for since all the options I know of were mentioned, but I just wanted to add that unless p2p exchanges become the norm, the probability is high that there aren't going to be any centralized exchanges that don't require KYC in a year or two from now.  When Yobit closes up shop for good, you'll know that time has come.

[dkbit98]

Okex is no longer offers any service to non-kyc users or unverified users. If you deposit there you won't be able to withdraw them without KYC.

Did you actually read that reddit post?
Article link on website is two years old and not working, and they are only encouraging and suggesting people to do kyc so it's not mandatory, but you don't have to trust my words but do your own research.
I said before that I am not suggesting use of centralized exchanges that can ask you for personal kyc at any moment.
This is correct okex information for reading between the lines:
https://www.okex.com/academy/en/how-to-kyc-on-okex
 

Sadly you cannot use bitcoin there.

Even more sadly that this exchange is unusable with that crazy high transaction fees.

[noorman0]

Hotbit does not require KYC to register, trade, deposit, and withdraw (source). There is no special page to verify account there. But to trade low volume coins, you have to be careful. They are full of fake orders and manipulation. I have experience selling a coin there, my order was not filled even though the price matched.


They only ask for KYC for some situations and it looks like you have to repeat KYC every time you run into the mentioned situation.

[OmegaStarScream]

Did you actually read that reddit post?
Article link on website is two years old and not working, and they are only encouraging and suggesting people to do kyc so it's not mandatory, but you don't have to trust my words but do your own research.

I can confirm that. I've been using the site for quite some time now and I haven't been asked to verify my identity.

A bit off-topic: The exchange is also a good choice for anyone who wants to save on fees since it supports both LN and the different eth's L2s.

[BitcoinGirl.Club]

Hahaha. Great idea if ever Elon Musk successfully create a rocketship that will make mankind go to Mars and inhabit it. Maybe CZ will be happy to be on the priority list and build Binance Mars to finally put coins to the Mars. 

You don't need Elon Musk there are scammers already exists who are selling land in Mars. In fact they claim that they own whole Mars including some other planets and they are backed by US legal system if I am not wrong. Read this : https://lunarembassy.com/product/buy-land-on-mars/

Hotbit does not require KYC to register, trade, deposit, and withdraw (source). There is no special page to verify account there. But to trade low volume coins, you have to be careful. They are full of fake orders and manipulation. I have experience selling a coin there, my order was not filled even though the price matched.

Sooner we will see all exchanges which will offer fiat deposit will ask for KYC. The pressure from government all over the world is enormous. It's not easy not to follow the regulators.

[The Cryptovator]

I am assuming you are looking for a non-KYC centralized trading exchange. Here is where we regret, a reputed exchange like Binance also didn't require KYC for withdrawals though there were limits. But lately, they changed the withdrawals policy and required KYC for all the users. Here we have to be hopeless, always should be ready to provide KYC if you use the centralized exchange. You have to move into a decentralized exchange if you have a privacy issue about KYC. But the problem is the desired trading pair and volume.

Anyway, I am not familiar with KuCoin who allows withdrawals without KYC. Even there, but they wouldn't much be reputed IMO expect decentralized.

[Woodie]

If a centralized trading exchange claimed they had a no KYC Policy, then i would be cautious about such because sooner or later they will claim to apply these on a random basis or if something about a users activity is off and this is pretty much hidden in their terms and conditions which gives them this right and unfortunately  many of us hardly read these !

If its an Exchanges with no KYC Policy you want, the answer is decentralized exchange  !