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Author Topic: trade without id verification?  (Read 1839 times)
semobo
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December 30, 2018, 02:57:31 PM
 #41

Actually verification is important for the security of our account, but there are many exchanges that do not require verification of data such as KYC, but usually exchanges without KYC usually impose restrictions on withdrawal of funds and for traders with large amounts it is a barrier.
Different kind of withdrawal limit for different ID level of verification so its upto you to verify your account if you want to trade and withdraw large amount of funds.
Indamuck
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December 30, 2018, 03:07:15 PM
 #42

As others have said Binance is your best option for trading without an ID.  They are one of the highest volume exchanges with all major coins listed and they also have low fees.  I have never had a problem using Binance and they allow 2btc withdrawls a day without verification.  Stay away from new exchanges with low volume because they are more likely to exit scam.
Best Dreams
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December 30, 2018, 03:11:24 PM
 #43

I often trade in the binance market and it does not require verification of ID only emails, but it has a limit for Withdrawals, which is only 2 btc every 24 hours and if you verify your ID you will be able to make 100 btc Withdrawal every 24 hours
Indeed this could happen but I think waiting for 24 hours is really long time that we will have to increase the time of taking out. Sometimes we need more than 2 coins and then it will be so hard to cash it out.  So I think it is good to go for verified trading it will be safe and easy as well. We will be able to trade for more than one or two coins without any issue.
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December 30, 2018, 03:32:46 PM
 #44

Many crypto exchanges provide withdrawal limit up to 2 BTC and trading w/o KYC, Binance is one of the popular exchange which allows you to trade and withdraw funds up to 2 BTC w/o any verification, other exchanges are HitBTC, Chaoex,poloniex. Chaoex is newly lauched exchange but allows withdrawal upto 2 BTC w/o KYC.

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Sum24
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December 30, 2018, 10:20:27 PM
 #45

hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks

I think etoro is doing this one, verification and idk if other brokers do the same thing. This is to do telemarketing also as well. imo this is ok unless you didn't enroll so be very careful if they take initiative to get your info.
Well I think this could be true because now it is modren she and people are making everything easy i I think now trading has become possible without ID verification. You have mentioned good and there are allot of markets who are allowing trading without ID verification such as binance, hotbtc,hitbtc etc.
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December 30, 2018, 11:13:35 PM
 #46

Binance dont need KYC and enable trading between altcoins and withdrawing up to 2 bitcoin per day. More than 2 bitcoin require KYC.
Yes, HitBTC, Houbi Pro, Bitfinex, Coinbene, and lots more great cryptocurrency exchanges don't require KYC. You should go ahead to try them.

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kotajikikox
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December 30, 2018, 11:18:14 PM
 #47

hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks




I insist you try to create account in nexybit platform secured and highly recommended there are no need to submit any requirements just sign up and you buy and sell coins for your trading job.

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December 31, 2018, 12:18:46 PM
 #48

Yes, HitBTC, Houbi Pro, Bitfinex, Coinbene, and lots more great cryptocurrency exchanges don't require KYC. You should go ahead to try them.
So you think it's good for people to play Russian roulette with their funds on shit exchanges? Every single exchange you listed has a shady history, and still is acting more than shady today. On top of that, every listed exchange (one more than the other) is also known to freeze funds at whatever random moment in time, forcing people to provide documents and whatnot.

As far as I know with each trading account you should verify your account correctly. Reason: Firstly, you can get the maximum withdrawal limit of the trading floor, the second you can get the best support from the trading support team. That's what I think is perfectly reasonable. You can choose Bittrex if you are afraid of having too many verifications. High stability and no need to wait too long in every transaction!
To add; if you basic verify yourself on exchanges with false information (false address, name, etc) and the exchange in question is going to subject you to the full ID verification process, you are toasted. Explain them why you put wrong' address and name data that doesn't match with your actual documents. Kiss your funds goodbye.
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December 31, 2018, 12:47:12 PM
 #49

hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks

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December 31, 2018, 02:15:34 PM
 #50

Some would require a selfie verification to verify that you really own that government-issued ID because it might stolen by someone or for any other reason. Our local online wallet does that. It isn't in an exchange but you can't cash out your BCH, ETH, BTC and withdraw it into PHP (our local currency) without going into those verification.
That's a good way to prevent identity fraud for sure, but I was actually referring to exchanges working with two levels of verification. The first level only requires data in form of name, surname, date of birth, address info, and a telephone number. This is where a lot people cheat by abusing someone else's information to walk themselves through that verification process.

If the exchange wants your ID and documents to confirm if your account really belongs to you, then you are busted.

In exchanges like Binance, I don't trade that is gonna be equivalent to 1 BTC so I am not gonna needing those at least for now.
Binance has been the place to be for most people, which is more than understandable. I really do my best to find complaints in terms of frozen accounts and balances, but they rarely pop up, and that despite their insanely large user base. Definitely respect for that.
BestSSS
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December 31, 2018, 03:42:06 PM
 #51

Coinbase?? congratulations you have chosen a most demanding market.
Open the site https://coinmarketcap.com/rankings/exchanges/ - and see how many different exchanges are registered today.
If you do not want to provide your documents see the exchange and choose what you want.

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Huskarls
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December 31, 2018, 04:48:30 PM
 #52

hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks

Do you want to find an exchange that doesn't require verification for trading? actually this is quite easy.
1. Open a coinmarketcap link
2. Check what altcoin you need to trade then open the "Markets" section. there is listed the market for the coin you want to trade.
3. Open the market website and look for the Contact or FAQ section, if there is an official telegram group, you can ask about KYC issues for trading
GoodAltcoin
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January 01, 2019, 01:36:21 PM
 #53

Fox.exchange (https://www.fox.exchange/pair/BTC-ETH) is something that I started using couple of days ago. Complete anonymity with instant change of your coins. Their platform is super easy to use and it is a great way when you urgently need to make a change. I used it for these instant orders couple of times already and it works superbly.
ShadowBits
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January 01, 2019, 01:49:19 PM
 #54

hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks

I am in Binance and I can trade there without even verifying my self, but of course there are limits with this for what you can withdraw everyday.
Golftech
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January 01, 2019, 02:04:39 PM
 #55

hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks

I am in Binance and I can trade there without even verifying my self, but of course there are limits with this for what you can withdraw everyday.
If you are not a large trader, then you can use binace as a good platform which allowed you to trade between Alts, 2btc per day is quite good enough for starter it will allow you to start placing your entry that might bring you huge profits, and after that when you already familiar how things works inside this exchange maybe you will indeed allow the verification to expand your limits.
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January 02, 2019, 07:59:47 AM
 #56

If you are not a large trader, then you can use binace as a good platform which allowed you to trade between Alts,
You mean, binance, correcting that typo.
Yeah, Binance is a pretty good exchange, good UI and fast support.

2btc per day is quite good enough for starter it will allow you to start placing your entry that might bring you huge profits, and after that when you already familiar how things works inside this exchange maybe you will indeed allow the verification to expand your limits.
I don't trade that kind of money, I'm just a small trader as most of my trades will be done for long term.


The best thing about Binance is you can make many accounts, you can make accounts for the entire family even without verification, I actually made 3 accounts, for me, my wife and my sister, all of them are non verified until now but working well.

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January 02, 2019, 08:16:00 AM
 #57

If the exchange you are looking for are those that require nothing,  u suggest you start trading on decentralized exchange.  With Dex your identity is not require  but,  you will be limited in the coin that are available for you to trade in!

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January 02, 2019, 12:25:59 PM
 #58

Prime XBT (https://primeXBT.com) requires no verification apart from email to set up an account.  It's due to launch by the end of this month (January 2019).  It is an advanced trading platform that offers margin trading with up to 100X leverage, short selling and a variety of order types, which include: stop-loss, limit orders, market orders, one-cancels-the-other (OCO), etc.

From what I can tell it looks to be of a really high quality. Could be a serious contender for Bitmex...

The trading terminal also provides aggregated liquidity from 12 top exchanges for instant order execution promising the best price. I'm definitely keen to check it out once it goes live.  As an introductory offer the first month is free of any trade or commission fees also + no doubt they'll be running other referral and special offers alongside the launch. 

(Listing and available for trade is: bitcoin, ethereum, ripple, eos and bitcoin cash).
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January 02, 2019, 12:35:13 PM
 #59

Actually verification is important for the security of our account, but there are many exchanges that do not require verification of data such as KYC, but usually exchanges without KYC usually impose restrictions on withdrawal of funds and for traders with large amounts it is a barrier.
Different kind of withdrawal limit for different ID level of verification so its upto you to verify your account if you want to trade and withdraw large amount of funds.
The purpose of KYC is good especially if its a trusted crypto exchange asking for that, but there’s still a good exchange that don’t require KYC you can try Binance which is being suggested by most of the users here. I also don’t get why you received a phone call right away? Maybe you put your number in somewhere else and you just thought its the exchange that shared your information, remember that we share our number in most of our social accounts, bank accounts and so on.
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January 02, 2019, 01:39:19 PM
 #60

Decentralized exchanges are generally the one that do not require kyc but as you know they dont have that much liquidity and do not add new token or coin early .as far your scenario is considered binance is the optimal choice as they do not require kyc upto 2 btc and its upto you if you have to increase daily withdraw limit then you can do kyc. Bittrex was also good but they started kyc which decrease their user base as it is more US oriented and not good for small trader.
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