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Author Topic: Any good KYCless exchange ?  (Read 851 times)
coinfinger
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April 11, 2020, 05:48:34 PM
 #81

I guess 2 bitcoin limit is understandable when you consider if you make it unlimited that means you are helping out some people but also you are helping out criminals as well. Not that they can't just do a new account every minute and just use that 2 bitcoin limit and deposit bitcoin while withdrawing something else to move their money around.

Don't get me wrong that doesn't make the money invisible since you can track which account got a 2 bitcoin deposit from an illegal place and then what coin that account withdrew and where that went so you can still make a trace but you are making it quite challenging at least that way, plus an influx of accounts that is using 2 btc limit constantly would get some attention as well. Unlimited however could be dangerous because you are helping them do it all at once in a minute and get away with it, you can steal money, deposit, withdraw and be done with it in less than 10 minutes if there was no limit.
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April 11, 2020, 09:04:20 PM
 #82

These days the most important thing is to get some trustable and hassle-free exchange. If you want to convert then most of the exchange doesn't ask KYC but if buying through credit/debit card the verification is a must on every exchange. So choose according to your preferred coins.

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April 11, 2020, 09:06:14 PM
 #83

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.

I think that such a withdrawal limit of 2 BTC per day will be quite acceptable, especially since not everyone needs to withdraw this amount,and many simply do not have it. As an alternative to Binance I want to give https://poloniex.com/, which can also be used without KYC at the initial level.
Yes recently they done very good work and increased some good amount of withdrawal for KYC and without KYC both members which is very helpful for all here on this community.
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April 12, 2020, 02:18:09 AM
 #84

I only Knew Binance that requires no KYC if you will be having small amount of BTC under their exchange but not sure about others.
though i think Binance exchange is more than enough to trust because you mentioned that there is only a small amount you are transacting.

and another thing is Dont trust those other exchange that requires no KYC because you don't know who is legit or not until your money is gone so be careful in dealing with those not recognized by this forum.
Binance, Huobi are the two exchanges that I use the most because these two exchanges do not require KYC users and every day they will limit the withdrawal of investor money. For me, exchanges that don't require KYC users are easy to use, but this can also put me at risk if something goes wrong. Anyway, I will try KYC someday if I need to withdraw more money in one day.






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April 12, 2020, 03:53:15 AM
Merited by Becky666 (1)
 #85

You can easily buy bitcoin with any of the top exchanges with decent reputation and still not proceed by carrying out a KYC verification although you'll have to make your withdraw in fraction and not at ones. Most exchanges has a daily limit you can withdraw bitcoin without been verified.

This withdraw doesn't affect your buying volume as you can buy all the bitcoin you want then withdraw them daily at a volume it won't trigger any attention from the exchanges as if it does you'll then be required to process a KYC verification.

With Binance exchange, kucoin, bitfinex, etc you can easily withdraw with this limitation and still get all your coins out of the exchange in matter of days depending on what the volume of your purchase order is.

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April 12, 2020, 05:11:40 AM
 #86

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.

You will need to analyse yourself first so that you can choose the best exchanger which doesn't require KYC.
Based on your Country of your origin make the list of exchangers available within your country (locals) and also some of the global one.
Checkout if the KYC is required or not, and mostly choose the local one. This will help you in the future if you ever get busted for some reasons then you can fight back with legal jurisdiction.
With the locals you will have higher rate of conversion on faster basis and you can also speak with the trader itself. This would be more or less local trading platform rather than exchanger. Will be far safer too.
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April 12, 2020, 07:12:28 AM
 #87

With Binance exchange, kucoin, bitfinex, etc you can easily withdraw with this limitation and still get all your coins out of the exchange in matter of days depending on what the volume of your purchase order is.
yes, large markets such as binance, kucoin, and others provide it. it is a trusted and most popular market to date. the only problem you get when you don't do KYC is the limited amount of withdrawals you can do. In fact, most people recommend trading in binance. I don't think you will make 2 bitcoin withdrawals per day, that is the limit of binance when you don't do KYC  Cheesy

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April 12, 2020, 12:22:53 PM
 #88

For futuers contract trading??

Binance,bitex,bybit,ftx exchange and koinpro.
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April 12, 2020, 12:37:32 PM
 #89

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.
I know most people here suggesting Binance crypto exchange. Because it is not required KYC verification upon withdrawing your fund but at least at a minimum amount of 2 BTC. I think you as what you have said only a small amount you wanted to convert. Try to use that exchange and maybe it will help you not to pass KYC. Before I am using Shapeshift.io exchange but I have heard they are now required KYC verification.
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April 12, 2020, 03:08:47 PM
 #90

Although liquidity isn't high, I'm sticking to DEX such as Blocknet's and others out there.

No KYC
No Registration
No fear of getting hacked

Blocknet was the first DEX to hit the market in early 2018, can read more about it here: https://blockdx.com/
He looking to get suggestion about centralized exchanges becuase KYC isn’t require in any DEX. No possibility to getting hacked the DEX? I never heard these exchange. Anyway, definitely binance is the best, if KYC isn’t require for small amount, up to 2 btc will be ask kyc. Even though i think right now it’s highest liquidity exchange.       

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April 12, 2020, 08:38:54 PM
 #91

Why do you need KYC less exchange when binance offers over 2 BTC limit per day withdrawal. In which it is a good and easy platform for newbies. And with your 2af authentication in your account you are safe and good to go.

Yes, I will choose Binance too, and no problem if the withdrawal limit will be 2 BTC per day. With the big exchanges so far, Binance can be his choice too, and I think that is the best solution for him because he can trade in the big exchanges while he doesn't have to fills KYC. He doesn't need to choose dex exchange if he doesn't want because the dex exchange itself doesn't too popular as Binance. But let him think about that and search for what he wants, and we can only give him advice.
Decentralized exchange is not really for someone who is new to trading due to its complex UI, everyone saying finance could be the best solution so he can try if he wants but he said he is not going to withdraw the funds converted which is really bad thing, only people who have the intention of trading in the near future should hold their coins on the exchange other than them they should move into a wallet.

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April 12, 2020, 10:27:12 PM
 #92

I am not not trading and I am not new to bitcoin. I was notably involved with it when it was in the $200-$600 range.  I was just looking for a quick answer without doing all the research because now I only have small amounts and lazy, and I don't believe in KYC china globalist bullshit
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April 12, 2020, 10:30:30 PM
 #93

Decentralize exchanges are what you are looking but don't get surprised how the price moves out there. Actually, I used IDAX, Forkdelta since before and it is fine. Only it matters the price difference when compared to other exchanges, especially for the top-rated exchanges. But since you are acquiring KYCless exchanges, then this is what you've got but of course, there is still money with them.

https://defiprime.com/exchanges( list of decentralized exchange).

May this help you but you should be careful in choosing because the risk is always there.
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April 13, 2020, 12:37:29 AM
 #94

Almost good exchange always need KYC for their member but you can take participated with less withdrawal in daily without KYC, you have chance for withdrawing maximum 2 btc every day in Binance exchange without submit and you not pass KYC document except bittrex exchange account must submit KYC.
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April 13, 2020, 06:20:23 AM
 #95

Regarding Bitmex,

Which has been KYC free for years and has been a great exchange and never had any issues (except the lags and outages from time to time) there was a twitter post discovered by someone that found that they are hiring some AML personnel last month.

We don't know whether that means they will need to comply with KYC or if it just means to keep certain accounts from doing any type of laundering. They are mostly deposit/withdraw BTC with no fiat, so its possible that they might stay KYC free however that job listing is making alot of people cautious and there has been many withdraws lately from their cold storage wallets.
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April 13, 2020, 07:37:45 AM
 #96


With few coins on the big exchange you don't have to send KYC to them. But keep your password and phone with you all the time, don't lose it because once you try to recover them you will have to fill these necessary files and IDs they want to get from you. Its the centralize exchanges that provide good liquidity that is why we prefer them but if you really wanted to hide away, go to the dex.

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April 14, 2020, 05:01:54 AM
 #97


With few coins on the big exchange you don't have to send KYC to them. But keep your password and phone with you all the time, don't lose it because once you try to recover them you will have to fill these necessary files and IDs they want to get from you. Its the centralize exchanges that provide good liquidity that is why we prefer them but if you really wanted to hide away, go to the dex.

Its dependent on the exchange. Some exchanges like Bittrex they require KYC for any amount of BTC you want to withdraw. Remember what happened back in 2017? So many people got their coins frozen by the exchange because they had to complete KYC to be able to do a withdraw. Whether it was 0.01 BTC or 1 BTC.

With Binanace the amount you deposit doesn't matter its how much you try and withdraw a day, you can't go over 2 BTC. There are other exchanges like this also. However keep in mind that 2 BTC is alot these days and most likely this figure will decrease in the future.

Also you don't need to remember your password because you can always reset it, the issue is with 2FA. If you are using some exchange like Bitmex with a VPN and you put in a fake name and forget your 2FA you will get issues. Because if you forget your 2FA they need to KYC you to prove you are the account holder. This is why never forget your 2FA. Always write down the recovery code.
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April 14, 2020, 04:28:33 PM
 #98

Why do you need KYC less exchange when binance offers over 2 BTC limit per day withdrawal. In which it is a good and easy platform for newbies. And with your 2af authentication in your account you are safe and good to go.

Yes, I will choose Binance too, and no problem if the withdrawal limit will be 2 BTC per day. With the big exchanges so far, Binance can be his choice too, and I think that is the best solution for him because he can trade in the big exchanges while he doesn't have to fills KYC. He doesn't need to choose dex exchange if he doesn't want because the dex exchange itself doesn't too popular as Binance. But let him think about that and search for what he wants, and we can only give him advice.

You may don't know but Binance receives right to ask you to pass the KYC phase to withdraw even if your balance is under 2 BTC.
They can just suspend your withdraw feature and ask you for it.
So, I would recommend you to be ready for KYC anytime, even with account under 2 BTC

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April 14, 2020, 06:09:47 PM
 #99

You may don't know but Binance receives right to ask you to pass the KYC phase to withdraw even if your balance is under 2 BTC.
Yes, if they find any suspicious move or behaviour on your account and then they are in charge to ask you for KYC even if you don't want to.

They can just suspend your withdraw feature and ask you for it.
So, I would recommend you to be ready for KYC anytime, even with account under 2 BTC
Yop, I have experienced that on Bittrex that they disabled my withdrawal button for few days and then they were asking me to upload my data for their own purpose, after that I leave Bittrex for my good will.

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April 14, 2020, 07:32:13 PM
 #100

I'm not sure that good exchanger that doesn't perform KYC actualy exists. As far as I know KYC is legal obligation so every exchange that wants to run legitimate business has to obey that. Also, if you don't want to have potential problems and experience any kind of unpleasant activities stick to well known, legitimate and respectable exchanges.

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