trade without id verification?

[michellee]

Other recomendation is use decentralized exchange like waves platfform and IDEX, decentralized exchange is more safe because we own the private key so that mean we have full control with the all coins in that platform.

Although we can trade without id verification, we don't have much pair and most of the coin trade with ethereum. Only in Binance have the benefits for the trader to trade without verification and the verification is only for a mobile phone number and then we need to activate 2fa for security. Besides that, Binance has a large coin list which we can use for trade.

[Btc_1856]

We can do trading without ID verification but withdrawing higher limits we need to verify our accounts. Till now I have not verified my account in Binance but still I am trading and withdrawing little amount of the money.

[Hodl Hodl]

Hodl Hodl is a P2P exchange, without KYC, all you need to provide is your email address.

[$anounimus$]

We can do trading without ID verification but withdrawing higher limits we need to verify our accounts. Till now I have not verified my account in Binance but still I am trading and withdrawing little amount of the money.

I think that just a few exchange sites have implemented it like that, there are a number of exchanges like Huobi that require to complete the original identity in order to be able to trade, even with a small amount of value.

[leowonderful]

Decentralized exchanges are great on paper, but most of them have pretty low liquidity compared to more centralized exchanges and some of them can be a bit difficult to use, even though most newer DEXes are designed to be simple and easy to use. Wouldn't recommend using a DEX to a newbie, but feel free to try them out. More and more exchanges are starting to request KYC documents (even LocalBitcoins), and DEXes may become important in the future just because of this.

[Noa_Amable]

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

well, not using KYC is a bad sign. you either will tradee with a big exchange, have ability to trade fiat-crypto and withdraw fiat after passing KYC. or you trade with a small exchange and conditions could be really.. not that convenient

[Thanasis]

There are lots of options for you to trade without verifying,you can choose peer to peer trading sites even choose the currency exchange of our forum for trading but don't forget to use escrow while trading on online.You can try exchange like binance without KYC for smaller daily limit upto 2 bitcoins.

[Hannahanto]

ID verification is requested to avoid legal issue get in unnecessarily. Few countries do have restriction on their citizens getting into crypto market. This would be main reason behind asking for the id verification. We do have security purpose as well. I would say its a better practice to go trade with id verification. Few exchanges do not require it since they may be new and would require a market growth.

[Tungsten-1]

I also have a constant problem in passing KYC, I don’t want to send my data to them, there are even exchanges where I have a balance, I just dropped it, let 0.55 ETH hang there, then the rules can change.

Some sites required verification if they are also required to make it compulsory for their traders, they are under the law, so they have to follow.
But one site that is popular now does not require KYC so far, and maybe this is only for a small amount of trade, but if you are not a big trader, you can use Binance exchange for this matter, this will help you solve your problem.

I have a lot of accounts in different exchanges but most of them requires a KYC and actually I did comply as I don't want to have possible problem in the future. Actually it's up to you, for me, I have nothing to hide, so I can comply as long as the trust is reputable.

Yeah some use it and some don’t it is all about our own safety and our benefits nothing else, id verification is about having some information about trader so that in case of problem backup team will have the chance to fix it for us, so trading without id verification is possible but it is a little hard as only few sites allows it.

[thinkright]

There are a whole lot of crypto exchanges that required basic information to get started. The majority of them requires KYC for traders who withdraw huge amounts. WIth basic info like email you can trade on coinex.com and xch4nge.com. These are exchanges i personally use.

[wxxyrqa]

ID verification is requested to avoid legal issue get in unnecessarily. Few countries do have restriction on their citizens getting into crypto market. This would be main reason behind asking for the id verification. We do have security purpose as well. I would say its a better practice to go trade with id verification. Few exchanges do not require it since they may be new and would require a market growth.

I think that with the current state of the cryptocurrency market and the growing percentage of fraud, it is still better to pay attention to many risks in their activities. If there are certain factors to abstain from, then it is better to do it.

[sana54210]

Other recomendation is use decentralized exchange like waves platfform and IDEX, decentralized exchange is more safe because we own the private key so that mean we have full control with the all coins in that platform.

you are right. besides that some exchangers make it easy for users to be able to trade without the need to do it, but with certain limitations. however, if it's hard enough for you, you can use a decentralized exchanger.

But ID verification is an easy thing to do, it is a condition that is easily fulfilled and with these features, the service will improve. The security of an exchange will be even better. I find it strange why there are still people who have difficulty doing this step, this is an easy thing that can provide improvements in exchange services around the world.

Most people that are scared of doing this might actually be scared of getting caught or people knowing their identity when they carry out a transaction that will affect a lot of people negatively, most altcoins that ended up scamming people and dumping the coin so the project can crash and people will forget about it, do you think they will find it easy doing KYC knowing fully well that their identity might be known and probably shown, what of people that will want to launder money through the system, do you think they won’t have problem with KYC?

We also have some dignities too that might not want anybody to be aware of their involvement in Cryptocurrency since it has still not been legalized and they desire to invest.

[LimLims]

There are many sites or exchanges (maybe) who doesn't require identity verification.
I can recommend you the most trusted site, the Bittrex and Binance.
They really dont need any identity verification I guess.
Moreover it's always good to go with reputable sites. They are most reliable ones.They never turn into scams.
So this is the one and only site that can recommend you.
Hope you got your answer

[Gridness]

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

Binance, HitBTC not required ID verification but limit for withdraw is limited. and everything is up to you

[swetka]

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

Binance, HitBTC not required ID verification but limit for withdraw is limited. and everything is up to you

in any case, I believe that this particular system, which the trading exchanges you named offer, is very profitable. Well, because they give the user a choice. Recently, categorical conditions regarding the provision of passport data are everywhere and everywhere, and many users of cryptocurrency do not agree with them. But there is a choice here.

[jrrsparkles]

There are many sites or exchanges (maybe) who doesn't require identity verification.
I can recommend you the most trusted site, the Bittrex and Binance.
They really dont need any identity verification I guess.
Moreover it's always good to go with reputable sites. They are most reliable ones.They never turn into scams.
So this is the one and only site that can recommend you.
Hope you got your answer

They have ID verifications but when someone doing trader with smaller daily limit then there is no verification needed,juat simple registration is enough and also by using this exchange we can get better price and low fee when compared to the anonymous exchanges.

[Bushrat Jahan]

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

KYC verification enhance your security so i think it is needed but you haven’t any documents ti do that then you can trade in binance and hitbtc. Those are good exchange and almost all crypto are available there fir trading. Especially i prefer binance.           

[cydrix]

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

If you appreciate the anonymity of your identity like some other traders also I think the best exchange there is that doesn't require KYC verification would be Binance for some but for me it is regardless for it's design I think it would be more suited for beginners but if you are are bulky buyer I think you would need to have a verification just in case of security measures for some exchange to reduce the risk of fraud.

[mapanlah]

The average exchange market runs without requiring user verification data with certain conditions, you can crosschek directly by creating an account on each of these exchanges, unless your daily transactions are above average. If you remain unsatisfied, you can try a market that has a decentralized system such as idex etc.

[Malsetid]

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

If you appreciate the anonymity of your identity like some other traders also I think the best exchange there is that doesn't require KYC verification would be Binance for some but for me it is regardless for it's design I think it would be more suited for beginners but if you are are bulky buyer I think you would need to have a verification just in case of security measures for some exchange to reduce the risk of fraud.

Binance does have restricted trading functions though if you're not kyc verified. As with most exchanges. You can only deal with limited amounts of coins if you don't verify your identity. I don't see any issues with that but if you're a beginner, then you can practice trading with small amounts without giving out any personal info or id.