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Author Topic: cheapest place to buy crypto for fiat without kyc?  (Read 343 times)
Bytecoin99 (OP)
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July 24, 2019, 10:09:34 PM
 #1

Hi Guys,

My first coins I bought at localethereum.com.
The better offers there have a spread of around 3% to the price at coinmarketcap, plus the 0.75% fee that the platform charges for buyers.

But are there places with better rates and also without kyc?
Also the escrow system on that platform is really nice.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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July 24, 2019, 10:57:44 PM
Merited by OgNasty (2), hugeblack (1)
 #2

It depends where you live.
You can connect with your local community, face to face,
and complete exchange in person.

You can search popular local websites for buy/sell stuff,
and I bet you will find BTC there Smiley

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Aero Blue
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July 24, 2019, 11:20:09 PM
 #3

So technically you're not interested in what we have to offer in regard to your question been answered, The main aim behind this topic is to promote localethereum. Isn't that right? lol. Topic looks more of an advert to me than a genuine question.

Yea this is 100% an ad. A site involving fiat without kyc? That sounds like a completely legit and law abiding exchange to me. This sounds exactly like a Reddit advertisement to me, OP doesn't seem to realize this isn't Reddit and people call this shit out.

"Hey I just bought a burger at McDonald's for 2 cents!"

"Cool, no one cares"

"Hey do you know where I can get a burger at a better deal?"


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July 25, 2019, 12:33:08 AM
 #4

So technically you're not interested in what we have to offer in regard to your question been answered, The main aim behind this topic is to promote localethereum. Isn't that right? lol. Topic looks more of an advert to me than a genuine question.

Yea this is 100% an ad. A site involving fiat without kyc? That sounds like a completely legit and law abiding exchange to me. This sounds exactly like a Reddit advertisement to me, OP doesn't seem to realize this isn't Reddit and people call this shit out.

"Hey I just bought a burger at McDonald's for 2 cents!"

"Cool, no one cares"

"Hey do you know where I can get a burger at a better deal?"



Localethereum.com is legit. So is local.bitcoin.com. Both are P2P without KYC.

@OP You may try https://Bisq.network as well. It is a truly decentralized exchange.

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July 25, 2019, 02:58:59 AM
 #5

Your best bet is to probably look for people in your city that buys/sells bitcoin. That way, you can instead meet in person rather than using an intermediary service like the site you've provided. Probably look around on your local Bitcoin/crypto-related Facebook groups.

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July 25, 2019, 07:29:01 AM
Merited by dbshck (4), Coin-1 (1)
 #6

Here's a (constantly updated) list of places you can find people to exchange bitcoins for fiat or vice versa without KYC:

https://www.reddit.com/r/Bitcoin/comments/b2wj6k/p2p_exchanges_eg_localbitcoins_bisq_hodlhodl/

Yea this is 100% an ad. A site involving fiat without kyc? That sounds like a completely legit and law abiding exchange to me.

If they aren't accepting transfers of fiat currencies themselves why not?

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Bytecoin99 (OP)
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July 25, 2019, 10:53:33 AM
Last edit: July 25, 2019, 11:04:50 AM by Bytecoin99
 #7

So technically you're not interested in what we have to offer in regard to your question been answered, The main aim behind this topic is to promote localethereum. Isn't that right? lol. Topic looks more of an advert to me than a genuine question.

Why`s that? Because I logged out? It was Midnight here, and I went to sleep.

If it was an ad, I wouldn`t ask for other Platforms.

Btw: you`re the one with the ads in the signature.

@OP You may try https://Bisq.network as well. It is a truly decentralized exchange.

Thanks, I already installed Bisq, but haven`t traded there yet. The Problem I found is that most offers there are for higher amounts and I read that the fees are expensive there. Also you need to have BTC in order to do your first trade.

Here's a (constantly updated) list of places you can find people to exchange bitcoins for fiat or vice versa without KYC:

https://www.reddit.com/r/Bitcoin/comments/b2wj6k/p2p_exchanges_eg_localbitcoins_bisq_hodlhodl/

Thank you. I`ll check that out. Smiley

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July 26, 2019, 11:07:30 PM
 #8

So technically you're not interested in what we have to offer in regard to your question been answered, The main aim behind this topic is to promote localethereum. Isn't that right? lol. Topic looks more of an advert to me than a genuine question.

Yea this is 100% an ad. A site involving fiat without kyc? That sounds like a completely legit and law abiding exchange to me. This sounds exactly like a Reddit advertisement to me, OP doesn't seem to realize this isn't Reddit and people call this shit out.

"Hey I just bought a burger at McDonald's for 2 cents!"

"Cool, no one cares"

"Hey do you know where I can get a burger at a better deal?"



Localethereum.com is legit. So is local.bitcoin.com. Both are P2P without KYC.

@OP You may try https://Bisq.network as well. It is a truly decentralized exchange.

Unfortunately localbitcoin have two tier verification 1keu for no KYC per year and 10k for tier 1 and I am unsure what you get at tier2. The limits are much too small in my opinion. At least they use a verified KYC company.
I will now move to localether. thanks for the tip.

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July 27, 2019, 11:28:59 AM
 #9

Hi Guys,

My first coins I bought at localethereum.com.
The better offers there have a spread of around 3% to the price at coinmarketcap, plus the 0.75% fee that the platform charges for buyers.

But are there places with better rates and also without kyc?
Also the escrow system on that platform is really nice.

I have been using localbitcoins.com to buy bitcoins from fiat but never heard of localethereum.com. Do they offer same level of escrow as localbitcoins ?

For localbitcoins, you have to verify your identity to be able to put buying selling offers.

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July 27, 2019, 01:58:29 PM
 #10

Can you tell us where you are from?I will be glad to recommend few websites for you or you can even try binance exchange if you aren't from the united states,for coinbase there is limit for free account with no KYC and other websites too like localbitcoin
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July 30, 2019, 12:20:00 AM
 #11

Hi Guys,

My first coins I bought at localethereum.com.
The better offers there have a spread of around 3% to the price at coinmarketcap, plus the 0.75% fee that the platform charges for buyers.

But are there places with better rates and also without kyc?
Also the escrow system on that platform is really nice.

I have been using localbitcoins.com to buy bitcoins from fiat but never heard of localethereum.com. Do they offer same level of escrow as localbitcoins ?

For localbitcoins, you have to verify your identity to be able to put buying selling offers.


I'm pretty sure that there are different levels of "verification" that you need to complete in order to deal with others. For buying I think it depends on the buyer as they set the level of verification needed to deal). If you aren't dealing with potentially fraudulent payment methods, then you should be able to find someone. Paxful is another option which has more flexibility and little to no KYC (they have the same escrow system). I don't know why Paxful isn't mentioned as I find it a lot better than localbitcoins: no KYC, better rates, better selection. I use these sites pretty often, so let me know if you have any other questions.

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July 30, 2019, 02:32:00 AM
 #12

Yea this is 100% an ad. A site involving fiat without kyc? That sounds like a completely legit and law abiding exchange to me. This sounds exactly like a Reddit advertisement to me, OP doesn't seem to realize this isn't Reddit and people call this shit out.

That's jumping to conclusions a tad fast. Localethereum is a very trusted platform and I doubt they'd need to stoop as low as to run these bitcointalk "advertisements". Also, 3% spread in trading crypto is quite high and isn't a positive representation of their site. Localbitcoins is usually around a 1.5-2.5% from my trades and exchanges like Kraken have barely any spread.

Unfortunately localbitcoin have two tier verification 1keu for no KYC per year and 10k for tier 1 and I am unsure what you get at tier2. The limits are much too small in my opinion. At least they use a verified KYC company.
I will now move to localether. thanks for the tip.
This is a bit flawed. OP can use localbitcoins with an unverified account, I have previously in the past, but when you trade up to around 10,000 USD worth of transactions, they lock your account (you can still send and receive BTC though) until you verify your ID. I'd recommend this option as they have smaller spreads and doesn't require ID unless you are buying a large amount.

Good luck in your journey in crypto, OP  Grin

Smiley
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July 30, 2019, 07:41:36 AM
 #13

You can buy coins without kyc on binance exchange or luno and coinbase,though there is limit buying crytpo on luno and coinbase without KYC
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July 30, 2019, 08:04:24 PM
 #14

Hi Guys,

My first coins I bought at localethereum.com.
The better offers there have a spread of around 3% to the price at coinmarketcap, plus the 0.75% fee that the platform charges for buyers.

But are there places with better rates and also without kyc?
Also the escrow system on that platform is really nice.

I have been using localbitcoins.com to buy bitcoins from fiat but never heard of localethereum.com. Do they offer same level of escrow as localbitcoins ?

For localbitcoins, you have to verify your identity to be able to put buying selling offers.


Localethereum is legit but less popular so you will find abnormally high buy and low sell prices in there. Escrow is just same as Local bitcoins.

Local bitcoin started enforcing KYC even for normal traders who just want to buy and sell without advertising.

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July 30, 2019, 09:41:12 PM
 #15

You can buy coins without kyc on binance exchange or luno and coinbase,though there is limit buying crytpo on luno and coinbase without KYC
Conibase is not cheapest place where to buy but i always use coinbase too. Cheapest place or with smallest fee will be to buy from someone in your city.
Coinbase has probably one of the highest spreads and is also probably one of the most unsafe platforms to buy from. There have been many cases and Coinbase has admitted to giving away user data, and for a company that charges such large fees and makes you wait 3-5 business days before you can send coins of the site, there isn't a reason why I would use it.

Hi Guys,

My first coins I bought at localethereum.com.
The better offers there have a spread of around 3% to the price at coinmarketcap, plus the 0.75% fee that the platform charges for buyers.

But are there places with better rates and also without kyc?
Also the escrow system on that platform is really nice.

I have been using localbitcoins.com to buy bitcoins from fiat but never heard of localethereum.com. Do they offer same level of escrow as localbitcoins ?

For localbitcoins, you have to verify your identity to be able to put buying selling offers.


Localethereum is legit but less popular so you will find abnormally high buy and low sell prices in there. Escrow is just same as Local bitcoins.

Local bitcoin started enforcing KYC even for normal traders who just want to buy and sell without advertising.
Yep, localethereum is fairly popular and is also a variation of a DEX (Decentralised Exchange) - all the money in your wallet is only controlled by you and when you deposit your coins, you will have access to the private keys where the money is located in. I would personally recommend the use of localethereum for smaller transactions if you can find an affordable spread.

Smiley
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July 31, 2019, 02:45:05 AM
 #16

I think some countries don't even know Bitcoin, if the area you live in has electronic market participants you can buy directly from them. However, if no one is there, create a visa card and use it to buy at OTC exchanges

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July 31, 2019, 08:48:03 AM
 #17

This forum is one of the best way to transact, just make sure that you will find a legit seller and or there are trusted members here that offers service that they will be your middleman in this way you wont need to fill KYC and also offers lower fees.


https://bitcointalk.org/index.php?board=5.0

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July 31, 2019, 10:32:17 AM
 #18

Meet the sellers locally and buy from them which can be the best possible solution to buy at the market price.But its not possible on all the countries and not convenient as well so you need to do KYC or satisfy the cheap fee,both are not possible at the same time since lbc even closed face to face trades.

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August 01, 2019, 09:15:03 PM
 #19

P2P would probably be the only alternative here, you can deposit in a Bitcoin ATM or buying fiat via localbitcoin/ethereum.

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