Identity needed in the markeplace: the point from deceber2021

[Bitcall]

From tomorrow in europe on binance the identity will be requested for every operation except for the collection. Meanwhile, I wanted to ask if you know if it will be possible to trade on binance without having verified the identity. I would like to take this opportunity to take stock of the markets by making a list of the main markets in this post indicating what documentation is required to deposit, trade or withdraw.
Binance Europe example:
 identity verification deposit, identity verification trading, identity verification withdrawal not required

[Beparanf]

You can use VPN but this is gambling for your account. If the law on your country requires it then you have no choice and just follow it. Binance is a CEX so they are force to follow the law. Most of the user on Binance requires KYC and those non-KYC user has a limitation on there account so you will be eventually requires to do so once you reach your account limit.

Just accept the fact that KYC is always incorporated with CEX. Try to use DEX instead.

[noorman0]

I've made an experiment here, using the Binance DApp which is integrated in the Safepal wallet (mobile version), of course without KYC. But it only gives you access to a few services, including spot trading, leverage (20x only) and savings.  So far I have done a lot of leveraged trades and managed to withdraw several times without any problems.

If you're ok with giving up your identity to them, you should go with it. The problem is, this kind of account is not really under your full control and there is no recovery method if you lose access.

[bL4nkcode]

I wanted to ask if you know if it will be possible to trade on binance without having verified the identity.

Nope, all existing accounts that it not yet kc verified cannot make any trading-related activity only have the option to withdraw their holdings. As for the new accounts to be created, KYC is mandatory.
Your option is, either use binance and get KYC'ed, use other platform that can be use in trading while not having KYC but with a 1 btc limit (which is a good amount already if you're not that hardcore trader) withdrawal every 24 hours like Kucoin, but of course that amount can be changed in the future. Or use DEX but with low in liquidity.

[Husires]

Binance is CEX for cryptocurrency trading and it enforced KYC several months ago (Important Changes About Binance Identity Verification,) so your attempt to use the site without identity verification means violating their terms of use (Binance TOS) and your account may end up being frozen.

Decentralization is that once you buy bitcoin, a third party will not be able to freeze your coins unless it has access to your private key.

Bisq is the best crypto DEX. you can make Instant exchange using this exchanges  https://bitcointalk.org/index.php?topic=5218464.0

avoid exchanges that require AML/KYC AMAP. Use non-kyc exchanges like HodlHodl & LocalCryptos.

Source: https://notyourkeys.org/

[Bitcall]

Yes, thank You guys, but not all CEX need it, for example POLONIEX don't ask me for it, but i'm not sure becous the account is empty....you know if POLONIEX don't need ID verification?

[Potato Chips]

Yes, thank You guys, but not all CEX need it, for example POLONIEX don't ask me for it, but i'm not sure becous the account is empty....you know if POLONIEX don't need ID verification?

Some CEXs don't require identity verification before you can trade but all of them can request it at some point.

Let's take poloniex for example. Identity verification isn't mandatory for level 1,

Our Level 1 account tier allows customers to access unlimited trading, unlimited deposits, $10,000 per day in withdrawals, and lending simply by entering their email address and password and verifying their email. Here’s some important information to know when using a Level 1 account:

However if we look at their ToS which you will have to agree before you can make an account, they can always ask for it.

3. REGISTRATION PROCESS; IDENTITY VERIFICATION

...You also agree to provide us, when registering an Account and on an ongoing basis, with any additional information we request for the purposes of identity verification and the detection of money laundering, terrorist financing, fraud, or any other financial crime, including without limitation a copy of your government issued photo ID or evidence of residency such as a lease or utility bill.

In certain circumstances, we may require you to submit additional information about yourself or your business, provide records, and complete other verification steps (such process, “Enhanced Due Diligence”).

From time to time we may be required to request further information regarding your transactions in order to comply with applicable law and regulation and our own policies. Failure to provide such information in a timely fashion may result in the suspension of your ability to use the Services (until you provide such information) or the closure of your Account.

[forestx]

Its a pain in the ass
I have noticed it is getting harder and harder to buy bitcoin or other coins without KYC even P2P platforms while some may not need it the actual platforms you need to transfer money do
I also noticed that Payoneer has frozen my account until I KYC have 100€ in it

[hugeblack]

Its a pain in the ass
I have noticed it is getting harder and harder to buy bitcoin or other coins without KYC even P2P platforms while some may not need it the actual platforms you need to transfer money do
I also noticed that Payoneer has frozen my account until I KYC have 100€ in it

It's not the hardest but the old ways are quickly shutting down. You can still get bitcoins without identity verification if you trade with P2P who wants what you're selling so you can find them from:

 - Forums: This forum has a section for currency exchange.
 - Social media: It may seem dangerous, but only trade with a trusted person and in very small amounts.
 - Peer-to-peer trading: Find a money transfer method that has many clients.

And many more, but the important point is that it is difficult to hide the identity, and therefore if you want to transfer large amounts, it is better to verify the identity.

[Potato Chips]

... while some may not need it the actual platforms you need to transfer money do

That's the fiat banks/digital wallet services for you... if you wanna avoid that, you can try cash trades but only with amounts incapable of getting attention from thieves. For no-kyc p2p trading platforms, there's bisq and localcryptos you can check out.