What is the best way to trade without KYC

[CoinFascination]

By best, I mean good in any way like reliability, speed, convenience.
Sometimes an escrow may be the best way.
But then there are OTC markets.
They don't seem to show up on coinmarketcaps. (they do have rankings for exchanges)

And "easy to find" is another "good" thing about them.

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[sunsilk]

A p2p trade would always be the best way if you're fleeing from exchanges KYC. And yes, using an escrow in the forum would always be recommended unless the person you're dealing with is trustworthy or you are confident of not hiring an escrow anymore.

But you should also watch out for private OTC's.

Check this article, maybe you need this.

https://blog.sfox.com/13-bitcoin-otc-brokers-you-need-to-know-67755a1d4ccc

[CoinFascination]

A p2p trade would always be the best way if you're fleeing from exchanges KYC. And yes, using an escrow in the forum would always be recommended unless the person you're dealing with is trustworthy or you are confident of not hiring an escrow anymore.

But you should also watch out for private OTC's.

Check this article, maybe you need this.

https://blog.sfox.com/13-bitcoin-otc-brokers-you-need-to-know-67755a1d4ccc

Interesting article, I agree with what you say. Now, in the altcoin market, small cap market, are there such brokers that let themselves be known to you? KYB

[sunsilk]

A p2p trade would always be the best way if you're fleeing from exchanges KYC. And yes, using an escrow in the forum would always be recommended unless the person you're dealing with is trustworthy or you are confident of not hiring an escrow anymore.

But you should also watch out for private OTC's.

Check this article, maybe you need this.

https://blog.sfox.com/13-bitcoin-otc-brokers-you-need-to-know-67755a1d4ccc

Interesting article, I agree with what you say. Now, in the altcoin market, small cap market, are there such brokers that let themselves be known to you? KYB

Sorry but I'm not knowledgeable with such brokers that are into altcoin market and focusing with small cap market. The very reason why you're looking for this is just not to comply with KYC?

If you are into small market cap altcoins, you may see it through different exchanges that don't require KYC. But why is it that you are interested with that kind of market. They seem to be risky because volume can actually be manipulated or almost they have no volume at all.

[diazepam666]

If you want to start trading in exchanges mostly you can see the KYC verification on such sites. Most of the people does not know what is the how to handle the trade with the KYC and what is limitation for with and without KYC things.

Or you directly trading from this forum or anywhere. kindly use any trusted escrow to deal the while handle the trade with someone.

[Kewat]

I've heard about some DEXs but haven't found the one to which I can trust yet..Maybe Binance will launch a good one.

[bluesnup]

Look into SwitchDex.ag it's the DEX version of Switch.ag, possible the closest exchange to the definition of a true DEX. Highly Recommended.

[mamesso]

I've heard about some DEXs but haven't found the one to which I can trust yet..Maybe Binance will launch a good one.

If it's true, I strongly recommend using DEX, and I also hope that binance will realize this quickly.
we just wait

[Yoshinoya]

You can find exchanges dialyzed like forkdelta.github.io
Or etherdelta.com

[gamerfan]

Waves

[D3m1r4wanti]

IDEX - Decentralized Ethereum Asset Exchange
https://idex.market/

is one of the very good Decentralized exchangers, to trade you don't have to submit KYC documents.

[Galantin]

Trade on a decentralized and no KYC will prevent you from making a profit. Just be careful and do not fall into the hands of fraudsters.

[CoinFascination]

https://4.bp.blogspot.com/-k90FKLrBQR0/W6qkQmOEx4I/AAAAAAAABLk/8opcmwVd0-QCkufQ2tVz0O3Mmzu4gFreACLcBGAs/s1600/6c6ad7a957fb27693b0820e6cee942c5.jpg

IDEX - Decentralized Ethereum Asset Exchange
https://idex.market/

is one of the very good Decentralized exchangers, to trade you don't have to submit KYC documents.

But what about coins that are not etherium derivatives?

[D3m1r4wanti]

But what about coins that are not etherium derivatives?

For crypto currencies that use paired BTC or other you can use BitShares (https://wallet.bitshares.org)
The exchanger also does not require KYC to be able to trade.

[Roukawa]

By best, I mean good in any way like reliability, speed, convenience.
Sometimes an escrow may be the best way.
But then there are OTC markets.
They don't seem to show up on coinmarketcaps. (they do have rankings for exchanges)

And "easy to find" is another "good" thing about them.

Binance all fits your criteria: reliability, speed, convenience.
You only need Level1 KYC if you are trading less than 2 BTC.
And level 1 doesn't require any documentation from the user.

[CoinFascination]

By best, I mean good in any way like reliability, speed, convenience.
Sometimes an escrow may be the best way.
But then there are OTC markets.
They don't seem to show up on coinmarketcaps. (they do have rankings for exchanges)

And "easy to find" is another "good" thing about them.

Binance all fits your criteria: reliability, speed, convenience.
You only need Level1 KYC if you are trading less than 2 BTC.
And level 1 doesn't require any documentation from the user.

This is great if true. Thanks.

[bluesnup]

So at the end you will go for the big fish complying to KYC?

[numanoid]

So at the end you will go for the big fish complying to KYC?

He will go to binance. Why? It's nice site and you even trade and withdraw even though you didn't submit your KYC (2 btc as daily limit).

You only need Level1 KYC if you are trading less than 2 BTC.

AFAIK, the limit of 2 btc is daily limit for your withdrawal, not about how big your trade

[Little Mouse]

You can trade almost most of the exchange without KYC, it's needed only for trading big amount. I have been trading in several exchanges without KYC and faced no problem till date.

[numanoid]

You can trade almost most of the exchange without KYC, it's needed only for trading big amount. I have been trading in several exchanges without KYC and faced no problem till date.

However you can't trade on bittrex if you didn't do KYC. You will have 0 btc withdraw limit if you don't do KYC on there

[maydna]

You can trade almost most of the exchange without KYC, it's needed only for trading big amount. I have been trading in several exchanges without KYC and faced no problem till date.

However you can't trade on bittrex if you didn't do KYC. You will have 0 btc withdraw limit if you don't do KYC on there

Perhaps, he should try to buy bitcoin on binance because, in that site, he can buy bitcoin without doing KYC. But the best solution to buy bitcoin without KYC is from local sellers in his city so he can avoid the KYC verification because he knows each other. He can trade in binance also without doing KYC, but he got a limit for withdrawing in daily.

I think it will better if he can do KYC in a trusted exchange like bittrex, poloniex or binance because that will help him to increase his withdrawal amount.

[Nellayar]

By best, I mean good in any way like reliability, speed, convenience.
Sometimes an escrow may be the best way.
But then there are OTC markets.
They don't seem to show up on coinmarketcaps. (they do have rankings for exchanges)

And "easy to find" is another "good" thing about them.

Look at the exchange if they are requiring KYC. There are also exchange which do not forced their traders to have KYC procedure unless you will withdraw above 100 BTC. Cryptopia and Idex are best examples of this. I used these two exchanges already and I admit that they are quiet good and fast exchanges. Try also to look for bitforex. I found that they also not require KYC in small investors.

[Little Mouse]

You can trade almost most of the exchange without KYC, it's needed only for trading big amount. I have been trading in several exchanges without KYC and faced no problem till date.

However you can't trade on bittrex if you didn't do KYC. You will have 0 btc withdraw limit if you don't do KYC on there

Other top exchange like Binance, Kucoin allow users to withdraw without KYC and I think the amount is not that much lower as well. I have been using all the exchange without any KYC.

[CoinFascination]

You can trade almost most of the exchange without KYC, it's needed only for trading big amount. I have been trading in several exchanges without KYC and faced no problem till date.

However you can't trade on bittrex if you didn't do KYC. You will have 0 btc withdraw limit if you don't do KYC on there

Other top exchange like Binance, Kucoin allow users to withdraw without KYC and I think the amount is not that much lower as well. I have been using all the exchange without any KYC.

When you say all exchanges, is that the two you mentioned or more? (Binance, Kucoin )

[Temido2222]

Are there any decent exchanges for US customers that don't need KYC? Or any foreign exchanges that I can VPN to? I have KYC on Bittrex and that's enough. I ditched Polo when they started asking for KYC

[CoinFascination]

Are there any decent exchanges for US customers that don't need KYC? Or any foreign exchanges that I can VPN to? I have KYC on Bittrex and that's enough. I ditched Polo when they started asking for KYC

CriptoBridge you can use a VPN and say you are not a US citizen. I have heard Binance too.

[Bezobraznike]

   Depends what you wish to trade, I mean which coins. I think this decentralized app`s on Waves, EOS and Tron network are amazing. To not forget on Ethereum, we have
Idex market. For all this services you just need wallet, fill it with coins and you are ready to go!

[BitBustah]

The best way is to just find other people right here on this forum to trade with or use other avenues like Localbitcoins.  Its always best to cut out the middleman to save on fees and know you are dealing with trustworthy people.

[DGulari]

When you say all exchanges, is that the two you mentioned or more? (Binance, Kucoin )

Yeah both of them are exchange sites.binance and kucoin also are currently the 2 biggest exchange site. You don't need to do KYC on binance if you want to try that exchange

I'm sorry, what is a CEX vs. a DEX?

CEX = centralized exchange
DEX = Decentralized exchange