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Author Topic: Is there a 'reputable' exchange that doesn't require KYC to trade?  (Read 211 times)
9thsky (OP)
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November 09, 2021, 06:09:56 AM
 #1

Like how Binance used to be before they implemented mandatory KYC not too long ago?
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November 09, 2021, 06:13:02 AM
 #2

FTX.com doesn't require KYC, but you're capped at $2000 withdrawals every 24 hours. Lower withdrawal fees as well, with free withdrawals on Solana and SPL tokens. Binance has been around longer, but it could be argued that FTX is a bit more reputable.

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November 09, 2021, 06:14:32 AM
 #3

Like how Binance used to be before they implemented mandatory KYC not too long ago?
Kucoin.

1 btc limit per day for unverified users.

--> https://www.kucoin.com/news/announcement-regarding-the-adjustment-of-daily-withdrawal-limit


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November 09, 2021, 06:30:16 AM
 #4


Almost every exchange today will ask KYC. The reason why they won't ask is if you are not going to exceed the limits on the withdrawal amount. The only you could do it if you are going to withdraw a huge amount I guess is on DEX.  The DEXES however are more on ETH.

Like how Binance used to be before they implemented mandatory KYC not too long ago?
Kucoin.

1 btc limit per day for unverified users.

--> https://www.kucoin.com/news/announcement-regarding-the-adjustment-of-daily-withdrawal-limit

1BTC for unverified users is good enough to use comp[are to binance that you are only allowed with 0.06BTC. The majority I guess allows 1BTC except for binance.


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November 09, 2021, 06:40:29 AM
 #5



1BTC for unverified users is good enough to use comp[are to binance that you are only allowed with 0.06BTC. The majority I guess allows 1BTC except for binance.


FYI, you can't trade anymore on Binance if you are an unverified account holder, all you can do is withdrawal which is even capped at 0.06BTC so this is not what OP is looking for.

FTX is a good choice which is getting more reputation now due to the KYC change of Binance so OP can go with that.

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Ararbermas
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November 09, 2021, 07:52:02 AM
 #6

Like how Binance used to be before they implemented mandatory KYC not too long ago?
Perhaps latoken since i dont have problems with this platform for how many months and the support is really doing their job. No KYC and complete features as well like binance, but they don't have BNB only to trade.. Actually there's more exchanges but i forgot the names.. If i were you if you want to obtain more information i suggest to go and watch some feedbacks of some popular influencer around youtube wherein about some exchanges that until now don't have KYC requirements, maybe it can help.

9thsky (OP)
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November 09, 2021, 01:50:24 PM
 #7


Almost every exchange today will ask KYC. The reason why they won't ask is if you are not going to exceed the limits on the withdrawal amount. The only you could do it if you are going to withdraw a huge amount I guess is on DEX.  The DEXES however are more on ETH.

Like how Binance used to be before they implemented mandatory KYC not too long ago?
Kucoin.

1 btc limit per day for unverified users.

--> https://www.kucoin.com/news/announcement-regarding-the-adjustment-of-daily-withdrawal-limit

1BTC for unverified users is good enough to use comp[are to binance that you are only allowed with 0.06BTC. The majority I guess allows 1BTC except for binance.



Which majority?
Tigerheart3026
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November 09, 2021, 02:47:13 PM
 #8

FTX.com doesn't require KYC, but you're capped at $2000 withdrawals every 24 hours. Lower withdrawal fees as well, with free withdrawals on Solana and SPL tokens.
btw to get specially lower withdrawal fees i wanna deposit in ftx exchange, btw i see difficulty there, i can not make deposit for asking kyc.
than i submitted kyc and it's reviewing 20 days till now there are no response to exchange.

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November 09, 2021, 03:07:52 PM
 #9

btw to get specially lower withdrawal fees i wanna deposit in ftx exchange, btw i see difficulty there, i can not make deposit for asking kyc.
than i submitted kyc and it's reviewing 20 days till now there are no response to exchange.

Not sure what you're trying to say, but if you meant that you can't submit without KYC, then you're probably currently residing in the United States? I've been using it for a while without the need of AML/KYC for a while now.

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9thsky (OP)
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November 09, 2021, 03:44:34 PM
 #10

btw to get specially lower withdrawal fees i wanna deposit in ftx exchange, btw i see difficulty there, i can not make deposit for asking kyc.
than i submitted kyc and it's reviewing 20 days till now there are no response to exchange.

Not sure what you're trying to say, but if you meant that you can't submit without KYC, then you're probably currently residing in the United States? I've been using it for a while without the need of AML/KYC for a while now.

Any particular reason why you prefer FTX over Kucoin?
Kucoin seems to be more talked about (and praised)
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November 09, 2021, 03:45:04 PM
 #11

btw to get specially lower withdrawal fees i wanna deposit in ftx exchange, btw i see difficulty there, i can not make deposit for asking kyc.
than i submitted kyc and it's reviewing 20 days till now there are no response to exchange.

Not sure what you're trying to say, but if you meant that you can't submit without KYC, then you're probably currently residing in the United States? I've been using it for a while without the need of AML/KYC for a while now.
i mean i can not deposit without kyc than i submitted kyc information properly btw identity verify not approved even over 20 days. i'm not from united states.
 
please check the picture below, there are no deposit option without complete kyc verification.  

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November 09, 2021, 04:04:32 PM
 #12

btw to get specially lower withdrawal fees i wanna deposit in ftx exchange, btw i see difficulty there, i can not make deposit for asking kyc.
than i submitted kyc and it's reviewing 20 days till now there are no response to exchange.

Not sure what you're trying to say, but if you meant that you can't submit without KYC, then you're probably currently residing in the United States? I've been using it for a while without the need of AML/KYC for a while now.
i mean i can not deposit without kyc than i submitted kyc information properly btw identity verify not approved even over 20 days. i'm not from united states.
 
please check the picture below, there are no deposit option without complete kyc verification.  
-

Maybe, it really depends on where you reside with ftx. Why not try kucoin? I've been a user of this exchange and trade here from time to time, without any problem. Though as mentioned in another post, they already reduced to 1 btc, which is actually still very much ok if you are not a big trader. Most of the exchanges now are requiring KYC. There's another exchange  -nominex.io, their withdrawal limit is 0.1BTC for unverified users, traded in few times here, no encountered any problem.
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November 09, 2021, 04:07:36 PM
 #13

Dex like sovryn on rsk for bitcoin , renbtc  is also decentralized if you do not want to kyc. For ethereum, uniswap got you covered and many tens of dexes on ethereum network are there to be used. Defi is another form of trading and investing. Just review most of the services available and trade anonymously in a decentralized environment!

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November 09, 2021, 04:09:46 PM
 #14

FTX.com doesn't require KYC, but you're capped at $2000 withdrawals every 24 hours. Lower withdrawal fees as well, with free withdrawals on Solana and SPL tokens. Binance has been around longer, but it could be argued that FTX is a bit more reputable.
I don't like the UI of FTX but the fee on that exchange is very good.

Blockchain Deposits and Withdrawals. You are correct. Last year, when Ethereum network had high gas price, FTX was waiving transaction fees on this blockchain.

They attracted people to use their exchanges for ETH and ERC20 token transactions and built up their reputation, expanded their customer population. It is a successful strategy from FTX.

Cryptowisser.com provides Taker, maker, withdrawal fees.

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November 09, 2021, 04:12:47 PM
 #15

There are few left on exchange platforms that don't have to require KYC upon on trade and also in withdrawal.  In picking it might you face hard enough to choose and I think each one of us has a preferred exchange especially when it comes to the number of total coins supported.

IMO, these Bybit and BitFinex exchange platform have a feature that I liked, AFAIK, Bybit exchange no limit of withdrawal (I don't know if it has changed, DYOR) and Bitfinex has a maximum of 2 Bitcoin withdrawal daily for non-KYC and 100 Bitcoin for complete KYC seems the same of Binance before.

So now reputable, it's hard to explain for me but based on my experience of those two trading exchange platforms before, so far it has smooth transactions.  Still, DYOR is the best priority after all.
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November 09, 2021, 04:25:37 PM
 #16

btw to get specially lower withdrawal fees i wanna deposit in ftx exchange, btw i see difficulty there, i can not make deposit for asking kyc.
than i submitted kyc and it's reviewing 20 days till now there are no response to exchange.

Not sure what you're trying to say, but if you meant that you can't submit without KYC, then you're probably currently residing in the United States? I've been using it for a while without the need of AML/KYC for a while now.
i mean i can not deposit without kyc than i submitted kyc information properly btw identity verify not approved even over 20 days. i'm not from united states.
 
please check the picture below, there are no deposit option without complete kyc verification.  
-

Maybe, it really depends on where you reside with ftx. Why not try kucoin? I've been a user of this exchange and trade here from time to time, without any problem.
i checked ftx location restriction list and i see no restriction to use my location, trying to contact with support to can solve the problem.
i am users of kucoin exchange for long time. it's great exchange without kyc even as per as high security.


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November 09, 2021, 06:33:18 PM
 #17

Like how Binance used to be before they implemented mandatory KYC not too long ago?
lately I've been trying to do without cex exchanges, because the recent mandatory verification on binance is still not good news, I advise you to use dex exchanges when you always have your coins and tokens in your wallet, and don't worry about blocking your account, as it happens in cex.
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November 09, 2021, 06:49:23 PM
 #18

-snip-
i mean i can not deposit without kyc than i submitted kyc information properly btw identity verify not approved even over 20 days. i'm not from united states.
 
please check the picture below, there are no deposit option without complete kyc verification.  
I also experienced something like this, unable to make a deposit before completing the initial KYC, such as full name, address and ID card and required selfie photo.

Currently, almost all major exchanges implement KYC to enjoy its full features and KYC has also become mandatory. This is to find out who the exchange users are.

 
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November 10, 2021, 03:10:44 AM
 #19

Any particular reason why you prefer FTX over Kucoin?
Kucoin seems to be more talked about (and praised)
Nothing, really. It's really just because I already had an FTX account and that I'm a bit of a fan of the founder.

I don't like the UI of FTX but the fee on that exchange is very good.
Yep, I've always complained about FTX having bad UI/UX because it's too cluttered. But if you have used any crypto exchange in the past, you shouldn't have any problems using FTX.

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November 10, 2021, 05:44:14 AM
 #20

What about kucoin?
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