Wind_FURY (OP)
Legendary
Offline
Activity: 3038
Merit: 1887
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2019, 09:26:46 AM Last edit: October 12, 2019, 07:25:13 AM by Wind_FURY Merited by OmegaStarScream (2), hugeblack (2), Halab (2), NotATether (2), Symmetrick (2), d5000 (1), JayJuanGee (1), mindrust (1), LeGaulois (1), mk4 (1), The Cryptovator (1) |
|
I discovered this blog today while looking for a no-KYC exchange for person to person trading. It has a good list of LocalBitcoins alternatives. If some of you have used some of these exchanges, post your review. Thanks. https://medium.com/@cointastical/p2p-otc-exchanges-e-g-localbitcoins-bisq-hodlhodl-etc-20f293a2c72e
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
voltesbit777
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2019, 02:27:13 PM |
|
This will be helpful to those community who hates KYC, it will be favorable to them to sell their coins. But always remember that those DEX has no kyc must know the consequences you're gonna do this with your own due diligence anyway.
|
|
|
|
OmegaStarScream
Staff
Legendary
Offline
Activity: 3598
Merit: 6324
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2019, 02:42:45 PM |
|
This will be helpful to those community who hates KYC, it will be favorable to them to sell their coins. But always remember that those DEX has no kyc must know the consequences you're gonna do this with your own due diligence anyway.
Which consequences are you referring to? It's pretty safe. If you're trading face to face, all you have to do is make the deal in a public place and as for the other payment methods, I'm not sure about the other platforms, but Bisq has an arbitration system that should keep you safe.
|
|
|
|
hugeblack
Legendary
Offline
Activity: 2632
Merit: 3871
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2019, 03:58:58 PM |
|
It is good to see such alternatives but you must consider the credibility of the platform, trading volume, and terms of use so that restrictions are not suddenly imposed. Also, many platforms are taking advantage of the name "No KYC" in order to scam others. Generally, it is difficult to conceal identity when buying large sums, but for small sums, there are better ways. Which consequences are you referring to? It's pretty safe.
Maybe he means how to prove that you get your currencies? Many platforms do not accept gambling-related cryptocurrencies, but mixing will reduce this linkage.
|
|
|
|
The Cryptovator
Legendary
Offline
Activity: 2352
Merit: 2210
Crypto Casino and Sportsbook
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2019, 04:06:47 PM |
|
Good to see that there is exchange who doesn't required KYC for trading. But unfortunately that all exchange isn't much popular. Its true I don't like KYC but I would not like to join low vol exchange or low reputed exchange. I have not used any exchange that OP mentioned here, so I can't comment about that all exchange. Perhaps they are popular in few jurisdictions by the way.
|
| | | | | | FIRST NO WAGERING BONUS CASINO & SPORTSBOOK SLOTS │ LIVE CASINO │ LIVE GAMES │ SPORTS | | | ► | WELCOME BONUS ─── UP TO ─── [ $500 ] | | ► | MULTI BET BONUS ─── UP TO ─── [ 200% ] | █████████████▄██▄ ████████████▐█████ ███▄██▄█████▐██████▄ ████████▄▄██████████▄ ███▐██▀██▀███████████ ██████████████████████▄ ███▐▄█████▄████████████▄ ▄▀▀███████████▄███████░█▌ ▀███████████████████████ ░███████████████████████ ░░▀▀▀▄██▄███████████████▄ ░░████▀█▀█████████████████▄▄ ██████▀███████████████████████▄ | PLAY NOW |
|
|
|
Reid
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2019, 04:53:11 PM |
|
Seriously no limits? Example is like Openbazaar which I havent tried yet. Is there no limit into how much you could withdraw or whatsoever transaction you will make? Coz now I am still sticking at Binance with no KYC but only up to 2 BTC limit.
|
|
|
|
cabron
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2019, 07:15:44 PM |
|
Seriously no limits? Example is like Openbazaar which I havent tried yet. Is there no limit into how much you could withdraw or whatsoever transaction you will make? Coz now I am still sticking at Binance with no KYC but only up to 2 BTC limit.
Openbazaar I think is one of the oldest project in crypto but were not much used by crypto users. What I do know is that its for merchants not for traders. Bisq client was the only I have used among the list but I have not really trade there, I only register checking the platform but not the type that one would actually be sticking to. You can't trust exchanges which isn't used by people, you never know when they scam.
|
|
|
|
atjiat
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2019, 09:19:52 AM |
|
Seriously no limits? Example is like Openbazaar which I havent tried yet. Is there no limit into how much you could withdraw or whatsoever transaction you will make? Coz now I am still sticking at Binance with no KYC but only up to 2 BTC limit.
Openbazaar I think is one of the oldest project in crypto but were not much used by crypto users. What I do know is that its for merchants not for traders. Bisq client was the only I have used among the list but I have not really trade there, I only register checking the platform but not the type that one would actually be sticking to. You can't trust exchanges which isn't used by people, you never know when they scam. I believe that in light of the fact that universal requirements are coming to the entire cryptocurrency market for the legalization of the income of cryptocurrency users, I am sure that in many cases each trader on the exchanges will provide his passport data. But I welcome the very approach to solving the problem when the minimum amount of funds that can be withdrawn from your account without a confirmed KYC is really determined.
|
|
|
|
LeGaulois
Copper Member
Legendary
Offline
Activity: 2940
Merit: 4101
Top Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2019, 04:08:26 PM |
|
@ Wind_FURY There is Flyp.me there is no registration/account Beside Bisq, do you know one from your list with fiats? ...
The consequence is you're free from something centralized, it's an advantage rather than something else. Those who don't like the KYC bullshit already use such platforms. DEXs could even be considered safer than traditional exchanges (at some points)
|
|
|
|
Ucy
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2604
Merit: 403
Bisq is a Bitcoin Fiat Dex. Use responsibly
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2019, 07:39:20 PM |
|
You missed paxfu. I guess exchange now requires KYC for trading. The last time I used it (last year) it was kyc free.
Nice list though. Looks like it is made mostly of decentralized peer-to-peer exchanges, or no? Unfortunately users will experience some challenges on most peer-to-peer DEXes mainly due to low Liquidity or due to presence of few buyers and sellers.
|
|
|
|
barbara44
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2019, 07:53:37 PM |
|
For those who are so concerned about KYC, because I am not, it would be very useful to them, but know this that some months back, this list you made could make a whole book in that past, Which means that it was gradually that most of the ones requesting for KYC now started requesting it, and they all left the list?
With time, all these list you made will disappear as there would be no more project without requesting for KYC, that is when bitcoin and cryptocurrency market is being regulated because for government to really take control of the cryptocurrency and then approve it, they have to deal with KYC and this is why many projects and exchanges that were not requesting for KYC in the past also started requesting for them desperately.
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2019, 11:03:15 PM |
|
Unfortunately users will experience some challenges on most peer-to-peer DEXes mainly due to low Liquidity or due to presence of few buyers and sellers.
Do they really? I mean, most people here don't need a whole lot of liquidity. From what I have seen, the most popular dexes seem to have sufficient enough liquidity to serve quite a bunch of people. Dexes are meant to be used by people who can't or don't want to use a centralized exchange. They do it to buy in and then keep the coins or spend them, and not necessarily to trade them. Also, a lot of people who complain about dexes lacking liquidity don't do anything to change it. If you really want to see dexes have more liquidity, then start yourself and help whatever dex you're using become more liquid.
|
|
|
|
exstasie
Legendary
Offline
Activity: 1806
Merit: 1521
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2019, 11:41:51 PM |
|
Unfortunately users will experience some challenges on most peer-to-peer DEXes mainly due to low Liquidity or due to presence of few buyers and sellers.
Do they really? I mean, most people here don't need a whole lot of liquidity. From what I have seen, the most popular dexes seem to have sufficient enough liquidity to serve quite a bunch of people. A bunch of really small fish maybe. What exchanges do you mean? Maybe I'm looking in the wrong places. Dexes are meant to be used by people who can't or don't want to use a centralized exchange. They do it to buy in and then keep the coins or spend them, and not necessarily to trade them. I guess that's why there's no liquidity: no market makers and few day traders. Centralized exchanges are much more welcoming to algorithmic trading and market making activities. I don't see this changing anytime soon.
|
|
|
|
BitHodler
Legendary
Offline
Activity: 1526
Merit: 1179
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2019, 07:23:02 AM |
|
DEXs could even be considered safer than traditional exchanges (at some points)
If you're an experienced user maybe, but for the average person it requires understanding and a lot of patience with how confirmations can either take a few minutes or even an hour in some cases. For most people it's safe to say that the benefits of using a DEX don't outweigh the trade-offs, because there are many. It's also largely still underdeveloped because it's not profitable at all to spend time on this for developers. What we are missing is incentive for the wealthy elite in Bitcoin land to pump money into development, but that's not going to happen considering that the elite either directly owns an exchange or has a large stake in it.
|
BSV is not the real Bcash. Bcash is the real Bcash.
|
|
|
Bttzed03
Legendary
Offline
Activity: 2114
Merit: 1149
https://bitcoincleanup.com/
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2019, 07:41:42 AM Last edit: September 02, 2019, 08:17:09 AM by Bttzed03 |
|
I don't know if you missed the others on the list or it was your intention to exclude them because they're for Altcoins only. Just in case anyone is also interested. Altcoin-only P2P Trading exchanges:
EDIT: I also forwarded this info to our local community https://bitcointalk.org/index.php?topic=5180932.msg52335133#msg52335133
|
|
|
|
Harlot
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2019, 08:22:19 AM |
|
Keep in mind that their status of being a “No-KYC” exchange might be temporary since authorities are already catching up and requiring these types of companies/websites to have KYC as a requirement. I remembered that ShapeShift fought hard for their No-KYC requirement for their service but at the end its either shutting down or asking KYC for their customers. So don't expect that this will be a permanent anonymous service for you and don't be surprised if they ask for KYC in the future.
|
|
|
|
exstasie
Legendary
Offline
Activity: 1806
Merit: 1521
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2019, 07:58:21 PM |
|
DEXs could even be considered safer than traditional exchanges (at some points)
In some ways, but careless people with bad security practices might be safer using conventional exchanges + 2FA, at least until DEX hardware wallet trading becomes the norm. There's no 2FA when inputting private keys to a DEX. And there are vulnerabilities like when a DEX is built on the DNS and exposes users to domain hijacking/phishing attacks. That's what happened to Etherdelta a while back. DEXes are often operated by smaller companies who are more vulnerable to these attacks than large centralized exchanges.
|
|
|
|
LeGaulois
Copper Member
Legendary
Offline
Activity: 2940
Merit: 4101
Top Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2019, 09:12:29 PM Last edit: September 02, 2019, 09:23:15 PM by LeGaulois |
|
DEXs could even be considered safer than traditional exchanges (at some points)
If you're an experienced user maybe, but for the average person it requires understanding and a lot of patience with how confirmations can either take a few minutes or even an hour in some cases. For most people it's safe to say that the benefits of using a DEX don't outweigh the trade-offs, because there are many. It's also largely still underdeveloped because it's not profitable at all to spend time on this for developers. What we are missing is incentive for the wealthy elite in Bitcoin land to pump money into development, but that's not going to happen considering that the elite either directly owns an exchange or has a large stake in it. I didn't say it (because it's something repeated often in discussions) but I have to admit it's not user-friendly. But Bitcoin wasn't user-friendly the day 1 (and still not for the majority), give it time to mature. I truly believe it will be accessible to the average Joe in the near future. Don't forget the new generation is used to new technologies and it is in their daily lives, not like us who shocked to discover Emule to download free movies. Saying it doesn't worth for the devs, yes your point is right but in the open-source world, you always have thousands of devs working for free, coding stuff used by millions of people. GNU/Linux is a perfect example. I exclude Ubuntu and Canonical, but how many forks come from Debian with devs who worked, and still work, for free? A thousand of operating systems, if not more. You will always see some elites jumping in everything they can, Canonical and Red Hat are for Linux OS what Binance is for DEX. but that won't prevent this branch from evolving, at least it will be less anarchic. I'm not even talking about questioning the term decentralization, because even if you use a DEX, can we really talk about decentralization if servers and other infrastructures, governance, are held by a single person or a group, or a company. Not really...
|
|
|
|
JeromeTash
Legendary
Offline
Activity: 2268
Merit: 1238
Heisenberg
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2019, 11:55:42 PM Last edit: May 14, 2023, 04:40:32 PM by JeromeTash |
|
Good list up there. Perhaps one of the reasons some of them are not yet enforcing KYC is because of a low user base but should they become so people like LocalBitcoins. They will definitely bow down to pressure. The major problem with these platforms is very low liquidity and very abnormal spread. For example BTC price has been below 10K USD for a while now but in HodlHodl some is still selling bitcoins at 10,800 USD ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F05%2F14%2Fblob8ffd73f0ea05fe6d.png&t=665&c=HYDOyNLlt-IwRw)
|
|
|
|
rose9696
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 770
Merit: 10
https://streamies.io/
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 03, 2019, 05:09:06 AM |
|
Why are people so scared of KYC? If one of the transactions goes wrong, will you provide enough information for managers to handle your problem? KYC should not only send to projects that are raising funds, because they can sell our information to businesses for money. but not for large exchanges, you should trust them and create yourself the safest trading environment possible.
|
|
|
|
|