Exchanges WITHOUT KYC?

[Wh00re]

I think it's safe to say that the majority of us hates KYC/AML these days. It feels so wrong to submit all your personal details when dealing with something like cryptocurrencies, as it wasnt the intention with BTC to reveal your identity at all.

With tons of exchanges enforcing it, which exchanges do you guys use now? Hit me!

I've been trading on DEX's as of lately, just to get a feeling of how they work, and I must say it feels good trading while being in control of your own private keys. Used Blocknet's DEX to trade some LTC for BTC, for the upcomng halving event, and it worked out fine.

What other alternatives can you guys recommend?

[LeGaulois]

Aren't you guys tired to promote spam Blocknet with different accounts here? A DEX that nobody cares about? Sometimes they don't even remember what they already posted and end up copy-pasting the same post from another account lol. I reported a user already not long ago https://bitcointalk.org/index.php?action=profile;u=2696455;sa=showPosts

Is Blocknet so desperate to use such an advertising strategy? Blocknet look like a pure shit to me now

[SolarWindMiningCompany]

I think it's safe to say that the majority of us hates KYC/AML these days. It feels so wrong to submit all your personal details when dealing with something like cryptocurrencies, as it wasnt the intention with BTC to reveal your identity at all.

With tons of exchanges enforcing it, which exchanges do you guys use now? Hit me!

I've been trading on DEX's as of lately, just to get a feeling of how they work, and I must say it feels good trading while being in control of your own private keys. Used Blocknet's DEX to trade some LTC for BTC, for the upcomng halving event, and it worked out fine.

What other alternatives can you guys recommend?

I am not sure daily spamming blocknet on the forum will attract much visitors but rather irritate them. Also there are many exchanges that doesn't require kyc for withdrawal up to 2 btc per 24 hours on Binance. Again, Kyc came as a necessity with respect to pressure from sec on fighting scam and I am sure that if sec comes for blocknet tomorrow, it will fully implement kyc too. So I think Blocknet should pick another marketing point other than "zero kyc "

[fudster]

I can't remember any central exchange not asking for KYC documents anymore. If they are not asking they are going to enforce registering your phones too. It already feels like cryptocurrency market had been compromised by the biggest mafia, its fortunate that DEX are also around.

Try Bisq they don't ask KYC or better yet check my signature.

[The Sceptical Chymist]

If they are not asking they are going to enforce registering your phones too.

Luckily that could in theory be overcome by using a burner phone--I don't know how rent-by-the-month phones are in terms of privacy, but I think if you pay for your minutes in cash they should be fairly private.

In any case, KYC on crypto exchanges is what's coming, whether we like it or not.  I'm actually surprised there are even only a handful that don't require KYC docs.  To the best of my knowlege Kucoin is one of those (with certain restrictions, e.g., daily withdrawal limits and being unable to trade with fiat), and they're a pretty decent exchange as well.  Aside from Yobit, I can't think of many more these days that won't require your account to be verified--and I don't recommend using Yobit at all.

This might not be in the spirit of Satoshi's intent, but there's no getting around it.  I'm actually quite surprised that it's taken this long for most exchanges to be required to verify their customers.

[Shallow]

It is true that most people hates KYC because it clearly goes against everything the main idea of blockchain stands for, but what can be done about it when most Dex are still struggling with having good volume and so on. However, there are still exchanges which allows a certain withdrawal of assets without kyc. An exchange like Binance allows users to withdraw assets not exceeding 2BTC per 24hrs, without KYC, so it is a fair deal in my own view. But in the case of fiat, KYC will be required; with the way things are going, won't be surprised when most if not all exchanges starts enforcing it but till then let's keep our fingers crossed.

[gentlemand]

I regard anywhere that doesn't ask for KYC as a place that is waiting to use it as an excuse to rape you when the time is right. It's the excuse that keeps on giving. And even supposedly decentralised places have asked for it too, not that any I've seen are worth bothering with.

[pankaj1234]

Exchanges without kyc is not good I personally think becaus these exchanged not the best of security. I had account on cryptopia exchange which is without kyc.everybody knows what happened them. Public money should be safe on all exchanges which is kyc or nonkyc. When exchange is demanding kyc that means he is aware of traders funds .so everybody should join the exchange who done kyc and some security conditions.

[joniboini]

An exchange like Binance allows users to withdraw assets not exceeding 2BTC per 24hrs, without KYC, so it is a fair deal in my own view.

At this point, I feel that they can fuck you up anytime due to various 'security concerns'. Let's say, you use a VPN today and tomorrow your VPN use different IP address. Or, you don't use any VPN but somehow they still found your account is doing 'malicious' activities. There are many things that could go wrong.

Trading in the forum with escrow is probably going to last longer than exchanges with 2 BTC limit.

Exchanges without kyc is not good I personally think becaus these exchanged not the best of security. I had account on cryptopia exchange which is without kyc.everybody knows what happened them. Public money should be safe on all exchanges which is kyc or nonkyc. When exchange is demanding kyc that means he is aware of traders funds .so everybody should join the exchange who done kyc and some security conditions.

You're overgeneralizing. Even if some exchange asks you for KYC, it doesn't mean they won't scam you or do something stupid. There are a lot of examples that you can search for Google.

[maydna]

I guess we have our own favourite exchanges which we can choose as a place to trade. No matter if you use the decentralized or centralized exchange, as long as you can feel comfortable with that exchange, you don't have to move to another decentralized exchange or centralized exchange.

You can say that DEX is good for you, but not all of us will say the same. I have a bad experience in using decentralized exchanges, and that is why I don't like to use that DEX although sometimes, I trade some coins that I still have on that DEX.

But if you want to avoid for KYC, I think you can use Binance, HitBTC, Bitmex, and another. Each decentralized exchanges and centralized exchanges will have the advantage and the disadvantage, and that will depend on people, whether they will use DEX or CEX.   

[fudster]

If they are not asking they are going to enforce registering your phones too.

Luckily that could in theory be overcome by using a burner phone--I don't know how rent-by-the-month phones are in terms of privacy, but I think if you pay for your minutes in cash they should be fairly private.

In any case, KYC on crypto exchanges is what's coming, whether we like it or not.  I'm actually surprised there are even only a handful that don't require KYC docs.  To the best of my knowlege Kucoin is one of those (with certain restrictions, e.g., daily withdrawal limits and being unable to trade with fiat), and they're a pretty decent exchange as well.  Aside from Yobit, I can't think of many more these days that won't require your account to be verified--and I don't recommend using Yobit at all.

This might not be in the spirit of Satoshi's intent, but there's no getting around it.  I'm actually quite surprised that it's taken this long for most exchanges to be required to verify their customers.

Yobit gets the job done though. People may find them sketchy but I will still look at them a good place than the ones who just close to run away with the money we have on them. Yobit doesn't ask KYC still, they aren't enforcing it yet but will always remind users about phone verification.

[Swapzone]

Try https://swapzone.io/

[bgaf]

I hate kyc but Im not fond of using dex and I cant find it more attractive when it comes to trading. I am using Binance but I did not do KYC. But my level is very low and has a limited trading quantity per day but its okay still a lot for myself. Also you might wanna consider the coins or tokens listed. I choose this cause of variety of tokens that can be traded and talking about volume its one of the best and everyone knows that.

I always heard blocknet dex everywhere, perhaps there is a huge marketing for shilling this project right now and got some rewards. Even on altcoin there are shillers of this dex. Whats about this exchange?

[el kaka22]

That is the thing that people are having hard time understanding, if you like an exchange that doesn't matter if it is the "best" one or not. If you like it enough you can literally oversee the missing features and all of that and just use it.

For example, this person is asking for an exchange without KYC and I honestly wouldn't want to give my information as well, however what did I do? I am using binance which has KYC request in there, and I said I didn't want to give my info anyway, so what can I do about it?

Obviously they have a 2 bitcoin limit and I just stay under it, that is enough for me anyway and that way I am both using my favorite place and I do not have to give my info as well. This can be applied to any exchange and any reason at all because if you like a place enough you can close your eyes to their shortcomings.

[rexxarofmoknathal]

The vast majority of exchange platforms have a KYC-free limit of around 2 BTC per day.

I know that Binance is like that, so is KuCoin and HitBTC if I recall, but these are absolute trash.

If you're really worried about KYC, download exodus wallet and use its built-in exchange tool.

[shollyen]

Most global exchanges allow you to trade without KYC. You can also withdraw with limits, even if you have not submitted any document. Just as I know, most of them allow a limit of just 2BTC daily, which I feel is enough for the normal trader.
Except you feel your daily withdrawal limit has exceeded that, then you should start thinking of complying with the demand for KYC. Even the best exchnage, in this case, will demand for it.

[adzino]

Most global exchanges allow you to trade without KYC. You can also withdraw with limits, even if you have not submitted any document. Just as I know, most of them allow a limit of just 2BTC daily, which I feel is enough for the normal trader.
Except you feel your daily withdrawal limit has exceeded that, then you should start thinking of complying with the demand for KYC. Even the best exchnage, in this case, will demand for it.

2 BTC is actually peanuts for those who trades regularly.
Well, they are the best exchange, thus they are being monitored by the government and law enforcement. They will have to follow the rules or they won't be able to operate. To prevent any kind of damage to their company, they will have to enforce KYC/AML policies to keep their user database clean.

[rathaha10]

I can't deny the fact that i hate giving out my personal information to people i can't hold responsible because anybody can decide to close up their project in this space any day without any legal repercussions. I have had encounters with many cryptocurrency projects that end up selling the identity details submitted to them after packing up and i must say nothing good comes of such identity theft. I do opt in for DEX exchange if at all the coins i want to trade are available there or i use restricted functionality of global exchanges that allow withdrawals of few amount without kyc

[CaVO32]

The vast majority of exchange platforms have a KYC-free limit of around 2 BTC per day.

I know that Binance is like that, so is KuCoin and HitBTC if I recall, but these are absolute trash.

If you're really worried about KYC, download exodus wallet and use its built-in exchange tool.

I have never tried exodus wallet. But I would suggest Binance as one of the exchanges that don't require KYC if you can keep their 2BTC daily withdrawal limit. That is already large amount for most crypto users. And you feel safe because its BNB and they have SAFU in place, in case something goes wrong with their exchange. This is one of the reasons I feel safe and secure about BNB. But if there are coins that are not yet in BNB, there are other exchanges like KuCoin, HitBTC, Bittrex and other medium exchanges. But always remember that you need to pull your funds out of the exchange immediately after you finished with the trading.

[Kasabus]

I think it's safe to say that the majority of us hates KYC/AML these days. It feels so wrong to submit all your personal details when dealing with something like cryptocurrencies, as it wasnt the intention with BTC to reveal your identity at all.

With tons of exchanges enforcing it, which exchanges do you guys use now? Hit me!

I've been trading on DEX's as of lately, just to get a feeling of how they work, and I must say it feels good trading while being in control of your own private keys. Used Blocknet's DEX to trade some LTC for BTC, for the upcomng halving event, and it worked out fine.

What other alternatives can you guys recommend?

Yes, Bitcoin intention wasn't reveal your privacy but continuously we are supporting centralized exchange. Unfortunately all exchange has hacked history those exchange in my support. Top all exchange has 2-3 options for KYC process. Still Binance exchange is my favorite, Okex, Bittrex, Huobi exchange is also good. In Dex exchange we have full privacy but don't use it for the best one.

I also prefer Binance as it's really a good exchange based from my trading experiences. Although there are still more exchanges out there like DEX's or Bittrex but i have build already my trust in Binance just like any other traders who have their own best exchanges when it comes to trading. Trading without KYC will always make your privacy secured.