List of P2P/no-KYC exchanges

[rosezionjohn]

but not for large exchanges, you should trust them and create yourself the safest trading environment possible.

What makes these large exchanges so special that I should simply trust them with my personal information? They may have the highest possible security but they are still hackable.

[Wind_FURY]

but not for large exchanges, you should trust them and create yourself the safest trading environment possible.

What makes these large exchanges so special that I should simply trust them with my personal information? They may have the highest possible security but they are still hackable.

Liquidity. Day traders/active traders need them. But if you're a buy and HODLER, you want to buy Bitcoin to keep in cold storage, but keep much of your privacy too.

I believe there's a place for KYC exchanges, and no-KYC exchanges, depending on what someone needs.

[JeromeTash]

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.

The reason is privacy.
You can't just go sending your documents and confidentials to each and every exchange or service you come across especially in the cryptoshere. Data breaches happen now and then and if you are such a person, chances are that your docs will be splashed a cross the internet for other strangers to use for malicious reasons.

[Wind_FURY]

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.

The reason is privacy.
You can't just go sending your documents and confidentials to each and every exchange or service you come across especially in the cryptoshere. Data breaches happen now and then and if you are such a person, chances are that your docs will be splashed a cross the internet for other strangers to use for malicious reasons.

P2P/No-KYC exchanges are also better for HODLERs. It adds a layer of security to your identity because there's no third party connecting your coins to it. Add Wasabi in your OPSEC, then you're safe.

[ololajulo]

Remitano [NO KYC for Seller (only Buyer must KYC)]
https://remitano.com/

Remitano now request KYC from sellers

[DaveWave]

Remitano [NO KYC for Seller (only Buyer must KYC)]
https://remitano.com/

Remitano now request KYC from sellers

The same with Shapeshift, just lately they are also asking their clients to open an account and the need of KYC. Many companies are now shifting to KYC needed platforms probably due to government regulations. Remitano is available in many countries like USA. And they cannot just let their services to other countries without KYC, SEC can probably won't approve their services in the US.

[trecore4]

Remitano [NO KYC for Seller (only Buyer must KYC)]
https://remitano.com/

Remitano now request KYC from sellers

That's bad to hear. I was a regular user of Remitano in 2017 and it was very easy platform to use with greater degree of freedom to sellers. But KYC is like restricting the sellers from using the platform. I don't think I will ever return to remitano after hearing this.

[Shasha80]

Thank you for sharing a list of non-KYC exchanges, this really helped me. But after I checked there were a few started implementing KYC
procedures, but that wasn't a big problem for me. Because of the list there are still many who are still consistent with non-KYC systems.
But actually I am still hesitant to use exchanges on the list, afraid not credible exchanges. Only in the name of the KYC no-procedure but
fake trading volume or scam. So in the mean time I still consider trading on these exchanges.

[Wind_FURY]

Remitano [NO KYC for Seller (only Buyer must KYC)]
https://remitano.com/

Remitano now request KYC from sellers

OK thanks. I will remove it from the list.

Everyone else, if you know more P2P/no-KYC exchanges, or any LocalBitcoins-type of service, please share and post them in the topic.

[adroitful_one]

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.

If something goes wrong, they should have enough information to correct the issue. I shouldn't have to send them pictures of my identification and me holding it while reciting the alphabet backwards to fix it. I don't hold currency on any exchange, so if something goes wrong, it's probably with a deposit or a withdrawal. There's no reason they would need any information to fix that. Also, I use 2fa and get notifications everytime I log into my account so it's not likely someone gets on there without me knowing.

[abel1337]

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.

If something goes wrong, they should have enough information to correct the issue. I shouldn't have to send them pictures of my identification and me holding it while reciting the alphabet backwards to fix it. I don't hold currency on any exchange, so if something goes wrong, it's probably with a deposit or a withdrawal. There's no reason they would need any information to fix that. Also, I use 2fa and get notifications everytime I log into my account so it's not likely someone gets on there without me knowing.

Sometimes the country that the exchange was registered. They have to comply with the countries jurisdiction that they should put some KYC into their system. One of the laws that exchange is complying is Anti-Money Laundering, which most of the country has. As time goes governments are implementing their basic laws on money related website like exchanges.

[Wind_FURY]

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.

If something goes wrong, they should have enough information to correct the issue. I shouldn't have to send them pictures of my identification and me holding it while reciting the alphabet backwards to fix it. I don't hold currency on any exchange, so if something goes wrong, it's probably with a deposit or a withdrawal. There's no reason they would need any information to fix that. Also, I use 2fa and get notifications everytime I log into my account so it's not likely someone gets on there without me knowing.

Plus cryptocurrency exchanges are not truly regulated, and are not liable, or answerable to any government if it gets hacked. Trusting them to hold all your personal identification and information would be stupid.

[Wind_FURY]

LocalEthereum has started accepting Bitcoin, and has rebranded to "LocalCryptos", https://localcryptos.com/

I browsed the FAQ, I didn't find anything said about KYC. Are there people here who have already tried it?

[ZEDRUN]

BaseFEX is a derivative exchange that doesn't require KYC but has decent volume which is getting increasingly rare these days, among derivative exchanges.

They even have made a page about it.

[JeromeTash]

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.

Ever heard of news where stolen user IDs and documents are being sold on the darkweb. What if your ID and other sensitve documents of yours which you entrusted with the so called "safe exchanges" are used for ivery serious criminal acts such as terrorism?

How are you going to convince the law enforcement agencies that it wasn't you?
When you are on the internet, Never have a short-sighted way of thinking or else you will be a victim

[JessicaVL]

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

Bisq client [NO KYC]
https://bisq.network/

HodlHodl [NO KYC] Not available in the U.S.
https://hodlhodl.com/

LocalCoinSwap [OPTIONAL KYC (i.e., your listing, your terms)]
https://localcoinswap.com/

Local Lightning [NO KYC] (Launched, April 2019)
https://www.locallightning.net/

Moontrade [NO KYC]
https://www.moontrade.org/buy.php

Counter.Network [OPTIONAL KYC]
https://counter.network/

Wall Of Coins [NO KYC]
https://wallofcoins.com/

Payfair [NO KYC]
https://payfair.io/

BuyCrypto.Today [NO KYC]
https://buycrypto.today/

BitQuick [NO KYC (when trx amount is under $400)]
https://www.bitquick.co/buy

Totalcoin mobile app [NO KYC (other than phone number verification)]
https://totalcoin.io/buy-sell-bitcoin

Mycelium Local Trader mobile app [NO KYC]
https://mycelium.com/lt/help.html

CryptoMap.me [NO KYC]
https://www.cryptomap.me/

BitHalo software [NO KYC]
https://bithalo.org/

OpenBazaar [NO KYC]
https://openbazaar.com/discover/results/?type=cryptocurrency

Another one where there's no KYC is Vertex, which I really enjoy using. Would definitely recommend for ease of use purposes, as well as diversity in the coins that they offer. Fees are super low too.

[befriendmywater]

BaseFEX is a derivative exchange that doesn't require KYC but has decent volume which is getting increasingly rare these days, among derivative exchanges.

They even have made a page about it.

hmmm ... why are people trying to trade at unfamiliar exchanges without doing kyc? If one day they cheated people and stole all the money, what would people think?
I personally find that exchanges too easy on traders to be suspicious. because they don't care about the interests of the traders, they only care about their money. KYC is a simple form, but it can protect your assets when you encounter a problem. We just shouldn't provide KYC for fraudulent projects but provide it to protect our assets!

[fratoshi]

I have hear really good reviews about Bisq, i use Localbitcoin but i will give a try to Bisq, seems like many people like it, and no KYC.

[Twentyonepaylots]

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.

Ever heard of news where stolen user IDs and documents are being sold on the darkweb. What if your ID and other sensitve documents of yours which you entrusted with the so called "safe exchanges" are used for ivery serious criminal acts such as terrorism?

I've heard of those news but doubted cause it could be just a FUD favoring a no KYC exchange. I understand the exchanges that implement KYC procedure since they should also be wary of who they are servicing with, it is a two way direction for the exchange and the end-user. These exchanges, especially the high rated one earns big enough not to sell our identities in darkweb and they are also building a solid foundation, reputation for their platform. Upon reading on their policies there are mandated privacy act to follow issued by their government, so it's totally safe.

How are you going to convince the law enforcement agencies that it wasn't you?
When you are on the internet, Never have a short-sighted way of thinking or else you will be a victim

Well, I don't believe on this since I have not read a story about the sold identity online that claims it was first sold by the exchange.  This can happen, but not including the exchange at first hand.

[LeGaulois]

@Wind_FURY
I can confirm there is no KYC there.


@Twentyonepaylots

It's not a matter to say we're at risk to see our information sold on the Dark web or wherever. It's a matter of financial privacy, the right to make financial transactions without the need to perform an ID verification for the sake of whatever AML regulation is in place.

That's the real point.