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Author Topic: Any good KYCless exchange ?  (Read 820 times)
BluePowder (OP)
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March 19, 2020, 10:21:26 PM
 #1

What's good these days ?  My old exchange quadriga went bust and I'm looking for a trusted exchange that's simple and doesn't require registration or personal info. just email at most.  I only have small amounts and only want to convert and not neccessarily withdraw.
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March 19, 2020, 10:29:25 PM
 #2

What's good these days ?  My old exchange quadriga went bust and I'm looking for a trusted exchange that's simple and doesn't require registration or personal info. just email at most.  I only have small amounts and only want to convert and not neccessarily withdraw.
Right now most of reputable exchanges going with KYC but you can still go with Binance as they are not asking for this but limit is 2 bitcoin and if you complete your KYC then you can withdraw 100 bitcoins in 24 hours.
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March 19, 2020, 10:51:09 PM
 #3

There are many exchanges without KYC verification but only one exchange that I know safe and doesn't need KYC verification.

Take a look at this one https://www.hotbit.io/

For other options, you can check these two below.

- https://www.kucoin.com/
- https://www.okex.com/

These two exchanges are the same as Binance with a withdrawal limit but if you are looking for completely no KYC use hotbit. I already have past experience in these exchanges without any issues.

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GreatArkansas
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March 20, 2020, 02:14:47 AM
 #4

There are some exchanges that the Know Your Customer (KYC) process is optional, like there are different tier accounts, for example in level 1 = NO KYC, you have limited amount that able to withdraw within the day, I think I saw this on Binance like if you have an account that has never tried to submit a KYC, you have the restriction.
If centralized exchange, my advice is to use Kucoin just like what Bitmaxz said above, I already used that exchange several times and never submitted a KYC process at all.
Or you can try some decentralized exchange? Because for sure, they are totally no KYC at all.

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joniboini
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March 20, 2020, 04:22:14 AM
 #5

If you don't want to create an account, why not try instant swap?

There are plenty of choices, such as coinswitch.co, airswap.io, shapeshift, flyp.me, etc. The downside is you have to trust them (basically you need to trust that any exchange won't fuck you up) and the rates are sometimes not as good as cex.

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March 20, 2020, 04:54:46 AM
 #6

There are some exchanges that the Know Your Customer (KYC) process is optional, like there are different tier accounts, for example in level 1 = NO KYC, you have limited amount that able to withdraw within the day, I think I saw this on Binance like if you have an account that has never tried to submit a KYC, you have the restriction.
If centralized exchange, my advice is to use Kucoin just like what Bitmaxz said above, I already used that exchange several times and never submitted a KYC process at all.
Or you can try some decentralized exchange? Because for sure, they are totally no KYC at all.

I trade on Kucoin for years without KYC. There is a daily withdraw limit, but it's so high that I were never close to that limit. I think you gave a good advice, there are good decentralized exchanges, my favorites are waves dex and bancor. I use https://dex.ag/ to compare prices among all dex-es.
Who wishes to skip kyc part can do that easily, many exchanges that don't ask for verifications if you don't trade with huge amounts, even more dex-es. Easy search on google will show many of them. Each of them has some advantages, the best is to try a couple of them and find the one that suits you and use that one.

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ralle14
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March 20, 2020, 05:21:35 AM
 #7

If you don't want to create an account, why not try instant swap?

There are plenty of choices, such as coinswitch.co, airswap.io, shapeshift, flyp.me, etc. The downside is you have to trust them (basically you need to trust that any exchange won't fuck you up) and the rates are sometimes not as good as cex.
I second this, better use instant exchanges since they only ask for your receiving address and sometimes email to track the transaction.

I don't know how low are the transaction limits but i've used them for very small transactions so I think it should fit your needs. And here's a list of other instant exchanges if you're looking for other altcoins.

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March 20, 2020, 05:56:38 AM
 #8

Most popular exchanges requires KYC or personal data of their user due to a country's regulations but there is one exchange where i find it trustworthy without risking your money again due to bankruptcy, it is Yobit. Simple exchange, various pairs and no KYC required. Although there are lags but your money is guaranteed safe from experience. FYI im not affiliated to the site, im just recommending it to you.

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BluePowder (OP)
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March 20, 2020, 05:10:00 PM
 #9

I used to use a good instant exchange, can't remember the name but when I went back months later it was accounts based. the other web based ones are a rip off compared to a regular exchange and not as good. It looks like Binance is worth giving a try. I'm not too concerned about bankruptcy or losing money as I only have bits and dust, $20-$200 at most.

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March 20, 2020, 05:56:11 PM
 #10

I used to use a good instant exchange, can't remember the name but when I went back months later it was accounts based. the other web based ones are a rip off compared to a regular exchange and not as good. It looks like Binance is worth giving a try. I'm not too concerned about bankruptcy or losing money as I only have bits and dust, $20-$200 at most.


No exchange is 100% safe anyone can run any time as its happen many time in past so just go to Binance and take advantage of good service because right now they are some better then many other exchanges in many fields good luck for your journey in this exchange.
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March 20, 2020, 07:04:48 PM
 #11

Bisq is what you are looking for:

https://bitcointalk.org/index.php?topic=5230289.0

Decentralized. Safe. No KYC. No bots. No scams. No fake volume. You're in control of your coins - not some scammy centralised outfit.

PIA went evil: https://bitcointalk.org/index.php?topic=5203968.msg53160131#msg53160131 Unofficial & Uncensored SYSCOIN thread: https://bitcointalk.org/index.php?topic=4748031.0    Do not trust Yobit/HitBTC/BiteBTC/coinsbit/p2pb2b/Mercatox/C-cex/Poloniex/WEX/KuCoin/LiveCoin/TheRockTrading/Bitfinex/ADAB/Okex/TradeSatoshi/Gate.io/Changelly/Freewallet.org/crex24 scam exchanges or ICO's by known scammers like HashCoins/Ambisafe/Bountyhive - they WILL scam you! Use diligence & research. Buy coins, sell coins - don't invest in stupid shit. If your questions aren't answered - don't touch it.
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March 20, 2020, 09:38:26 PM
 #12

Thanks Bisq looks cool. I'm giong to try to build it from source for fun. I hope I don't need a bisq cion to get started like waves.
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March 20, 2020, 09:56:35 PM
 #13

So according to this article (note, its publishing date August 2019) the top 10 KYC-less exchanges have been listed.

What's reassuring is that some of these exchanges have already been mentioned by some people here and have been given the clear.

Among these are KuCoin and others. Anyways, there's various limitations to not using KYC but can read more about what's accepted for each of these exchanges in the article: https://beincrypto.com/top-cryptocurrency-exchanges-no-kyc/





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March 20, 2020, 11:32:11 PM
 #14

What's good these days ?  My old exchange quadriga went bust and I'm looking for a trusted exchange that's simple and doesn't require registration or personal info. just email at most.  I only have small amounts and only want to convert and not neccessarily withdraw.
Almost all exchangers are now asking KYC for all registrants and this is usually required when you would like to withdraw your funds. This is to combat the number of scammers trying to scam exchanger owners and could easily trace them and freeze their accounts. KYC isn't a big deal for me if we know that this serves as additional safety of our funds but we must have to see it that you'll be giving it to the trusted one. But if you are hiding something bad intention in you, it for sure you don't ever do this.



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[15.00000000 BTC]


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Rainbot
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March 20, 2020, 11:45:04 PM
 #15

What's good these days ?  My old exchange quadriga went bust and I'm looking for a trusted exchange that's simple and doesn't require registration or personal info. just email at most.  I only have small amounts and only want to convert and not neccessarily withdraw.

Just go with Binance yet they do have that 2 BTC limit for unverified accounts which i do see sufficient for most people that do make use of the platform since not all are whales that would
transact 2btc withdrawal per day  Cheesy

Just to ask about quadriga, do you have any updates or do know the progress of that controversial death of the owner? It seems like people already
forget this issue.

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March 21, 2020, 12:37:57 AM
 #16

Binance and Kukoin seems the best of exchanges which doesn't require the to undergo KYC and AML policies for low limits,and you mentioned that you are going to convert small amounts only so these are the top picks for you.But using centralized exchanges may require to verify your identity in case if there is a need for it so don't use any exchange if it restricts your nationality or you may lose your funds.
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March 21, 2020, 04:53:16 AM
 #17

What's good these days ?  My old exchange quadriga went bust and I'm looking for a trusted exchange that's simple and doesn't require registration or personal info. just email at most.  I only have small amounts and only want to convert and not neccessarily withdraw.
Right now most of reputable exchanges going with KYC but you can still go with Binance as they are not asking for this but limit is 2 bitcoin and if you complete your KYC then you can withdraw 100 bitcoins in 24 hours.
Binance is a good option and I would have suggested the same but there is a catch.
If in case you had enabled 2FA which most of us should and lost your phone or reset your phone and basically lost the 2FA code without backing up the code for 2FA then you "must" undergo the KYC process to get the access back to your account.

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March 21, 2020, 05:00:32 AM
 #18

As other people suggest, I always suggest Binance to start trading for my friends if they don't want to fills KYC. They are convenient to try to register in that site because they don't need to send any document and they are happy enough to trade in that site even they got limit in withdrawal. So far, Binance will be the recommended exchanges for people who want to avoid KYC.

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March 21, 2020, 06:25:07 AM
 #19

As other people suggest, I always suggest Binance to start trading for my friends if they don't want to fills KYC. They are convenient to try to register in that site because they don't need to send any document and they are happy enough to trade in that site even they got limit in withdrawal. So far, Binance will be the recommended exchanges for people who want to avoid KYC.

That limit is enough if you are just starting to trade. That limit is not thats small in other hand there are many good coins that you are able to trade there because this is one of the popular crytp exchange we have now.
Its a good choice for all newtraders who want to try an exchange without asking for kyc.

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March 21, 2020, 07:04:28 AM
 #20

Binance is the most appropriate for you, only with email you can trade there. But it depends on what coins you want to trade.
The fees are not expensive and they are friendly to anyone who has small assets.
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