Where to sell bitcoins without ID verification

[nikolai7711]

Hi everyone.I have some bitcoins that i want to switch into my bank account,but i have only found websites that require ID verification... Can anyone help me find some solution or recommend me some website?

[Charles-Tim]

You can use decentralized exchanges, no verification needed, this are the few ones that are reputed:

https://bisq.network/
https://hodlhodl.com/
https://localcryptos.com/

[coupable]

Hi everyone.I have some bitcoins that i want to switch into my bank account,but i have only found websites that require ID verification... Can anyone help me find some solution or recommend me some website?

I think this depends on how much bitcoin you want to sell. I don't advice you to use P2P exchanges for large amounts, instead you can split them into smaller transactions.
I also think that transfering to a bank account requires an ID verification for security measures. If the amount you to sell in btc is not that big, why don't you sell it to a trusted local buyer (depends on your location) then deposit the money manually to your bank account?

[jackg]

Hi everyone.I have some bitcoins that i want to switch into my bank account,but i have only found websites that require ID verification... Can anyone help me find some solution or recommend me some website?

For your own safety, it might be better just to kyc with a known exchange - especially for larger amounts.

Most non kyc exchanges limit you on how much you're able to transfer over a certain time period and you're likely going to have to give someone your name too.(for a bank account).

Of course if there was a reason you don't want to use kyc (for traceability for example) the community might be able to help you more specifically with that.

[shasan]

Hi everyone.I have some bitcoins that i want to switch into my bank account,but i have only found websites that require ID verification... Can anyone help me find some solution or recommend me some website?

How many dollars (in bitcoin) you want to convert into your bank account? Is your country is based on European union? If you tell me the name of the country of you, amount of dollars, name of your bank account and either it accepts card transfer then I may help you to convert the fund.

[decodx]

Hi everyone.I have some bitcoins that i want to switch into my bank account,but i have only found websites that require ID verification... Can anyone help me find some solution or recommend me some website?

Depending on where you reside, there may be local services available. For example, I live in a city where there is a physical exchange office and we can exchange cryptocurrencies for fiat up to a certain amount without requiring personal identification. Why not ask the same question in the local section for your country?

[Betaj00]

You can use decentralized exchanges, no verification needed, this are the few ones that are reputed:

https://bisq.network/
https://hodlhodl.com/
https://localcryptos.com/

It is Correct that not need any kyc verification for Decentralized exchange but it maybe not helpful for him, becouse we know the transaction fees of sending bitcoin from one exchange to others, so it Will costly for him.       

[Charles-Tim]

It is Correct that not need any kyc verification for Decentralized exchange but it maybe not helpful for him, becouse we know the transaction fees of sending bitcoin from one exchange to others, so it Will costly for him.       

Ways to privacy can be costly. On some centralized exchanges, you can even convert to fiat with zero fee, like on binance and many other centralized exchanges which this is very possible with p2p trading, but some people do not make use of privacy and pseudonymity to joke, they prefer it than looking for ways to reduce transaction fee.

[examplens]

Hi everyone.I have some bitcoins that i want to switch into my bank account,but i have only found websites that require ID verification... Can anyone help me find some solution or recommend me some website?

Check bestchange.com, (I and many members promote them on signature here). It is a currency exchanger monitor, you will surely find someone on the list who does not request additional verification during the exchange.
mostly they are all reliable and have passed some form of control by Bestchange service.
I will also suggest you if you need to change a larger amount, do so through two or three trades.

[noormcs5]

Hi everyone.I have some bitcoins that i want to switch into my bank account,but i have only found websites that require ID verification... Can anyone help me find some solution or recommend me some website?

You want to sell the bitcoin and you want the money to go into your bank account. Bank accounts are already verified and every relevant authority will know that you have the fiat money transferred into your account.

So what's the purpose of hiding the identity at the exchange in this case?

[Husires]

Using peer-to-peer trading can be beneficial because you don't need ID verification, but on the other hand, there are a lot of drawbacks:

• Scam: P2P platforms provide security by verifying identity or sending some necessary data.
  
• Use of illegal funds: Many people who run illegal activities are on these platforms.
  
• Money laundering: It is one of the risks, although its potential is not great.
  
• Stolen money: If you search the Internet, you will find many people whose bank accounts have been frozen because they received stolen money and sent Bitcoin to the other party.

You should know that dealing with the bank means identity verification.
You can sell Bitcoin for cash and then deposit it into your bank account.

[shasan]

on the other hand, there are a lot of drawbacks:

Few exchage site offer sepa transfer and they does not require any identity verification for a fixed amount. And in this case the user might night fall on any risk as they are well reputed and they will not scam any fund as well as there is no risk to be frozen their bank account.

[TheEconomists]

Hi everyone.I have some bitcoins that i want to switch into my bank account,but i have only found websites that require ID verification... Can anyone help me find some solution or recommend me some website?

All depends on your country as that will be dependent on the response you are currently getting from members here. As for me, P2P will be fine only if you have someone that want to buy your Bitcoin or if there is a reputable platform you can get someone to buy your Bitcoin. Remitano is one of the best place for P2P exchange.

[OgNasty]

https://www.coinex.com/ - doesn't require verification and offers a lot of unique services and investments.  It's the go-to place to purchase Namecoin and they also allow you to provide liquidity pairs or just collect interest on your coins.  I don't know the owners personally or anything, but I've never had any complains with their offerings.  If you're looking for a simple small trade and don't want to wait days for KYC verification, or you're looking for an exchange that offers more services, I think coinex is a decent choice.

PM me if you want a referral code and if you sign up using it you'll get a % kickback on your fees.

[harizen]

https://bisq.network/

Sorry for the off-topic but if anyone from PH country already has experienced using the service? What banks are supported?

Honestly, I'm quite surprised that in today's status, there's still a way to do a P2P even without undergoing a KYC. Just thinking in case of fraud-related cases or alarm, or something along those lines, how the banks, as a receiver, will be able to determine if those incoming transactions as legit since the source has no identity, private and is hidden.

[Charles-Tim]

https://bisq.network/

Sorry for the off-topic but if anyone from PH country already has experienced using the service? What banks are supported?

You can check this payment page, it is about Bisq payment method.

Just thinking in case of fraud-related cases or alarm, or something along those lines, how the banks, as a receiver, will be able to determine if those incoming transactions as legit since the source has no identity, private and is hidden.

Also centralized exchanges wth kyc required are not left out, there are many fake verification, scammers are so cunning, or did you think centralized exchanges can not be used to scam also? There are a lot of scam activities also linked to centralized exchanges.

[shasan]

https://www.coinex.com/ - doesn't require verification and offers a lot of unique services and investments.  It's the go-to place to purchase Namecoin and they also allow you to provide liquidity pairs or just collect interest on your coins.  I don't know the owners personally or anything, but I've never had any complains with their offerings.  If you're looking for a simple small trade and don't want to wait days for KYC verification, or you're looking for an exchange that offers more services, I think coinex is a decent choice.

PM me if you want a referral code and if you sign up using it you'll get a % kickback on your fees.

Is it available to withdraw fund to bank account from coinex? I am asking it as the OP is asking something from where the OP can take the money to his/her bank account. If it does not allow to withdraw to the bank account then it will not be any worth to the op.

[STT]

I know some sellers on localbitcoins will take BTC without requiring full KYC, since the risk is far less as you will deliver first via escrow it should be possible to find a few who will offer this service in some country or currency.   Or exchange for tokens of some kind is another path.

[Bitstar_coin]

Hi everyone.I have some bitcoins that i want to switch into my bank account,but i have only found websites that require ID verification... Can anyone help me find some solution or recommend me some website?

You want to sell the bitcoin and you want the money to go into your bank account. Bank accounts are already verified and every relevant authority will know that you have the fiat money transferred into your account.

So what's the purpose of hiding the identity at the exchange in this case?

Even though bank accounts are already verified the money he will receive from the btc trade will not display it as payment from btc transaction, it will only reflect as money received from one party to the other without any detailed information,  the only issue here is for him  to find a trusted platform to exchange without kyc requirements.

[Findingnemo]

I know some sellers on localbitcoins will take BTC without requiring full KYC, since the risk is far less as you will deliver first via escrow it should be possible to find a few who will offer this service in some country or currency.   Or exchange for tokens of some kind is another path.

I think you are unaware of the KYC policy change in the recent days, LBC made KYC as mandatory to start trading there so even if you are registered there you still have to provide basic KYC like upload any national identity for verification so yiu can have upto 20K euros per annum, if your limit exceeds then you have more intense verification criteria there.