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Author Topic: how to trade btc without kyc  (Read 382 times)
Cling18
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January 08, 2022, 03:45:40 PM
 #21

I've tried trading with Kucoin and so far, they don't ask for KYC but as for me, KYC shouldn't be a problem because most exchange as it for our own good as well. Most reputable and trusted exchanges these days are asking for KYC which is acceptable and reasonable. I guess the best thing that we should look for in exchange is their reputation and not those who don't ask for KYC.
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January 08, 2022, 03:50:05 PM
 #22

I've tried trading with Kucoin and so far, they don't ask for KYC but as for me, KYC shouldn't be a problem because most exchange as it for our own good as well. Most reputable and trusted exchanges these days are asking for KYC which is acceptable and reasonable. I guess the best thing that we should look for in exchange is their reputation and not those who don't ask for KYC.

It depends on the country you are residing for KYC requirements. Maybe your country is not that strict in terms of online exchange regulation. Sooner or later everyone will be required to undergo KYC as it a must for an exchange to maintain there license and business permit. KYC serves as protection too in case someone hack your account so that you can recover it.

Yeah, Reputation is the most  important things to be considered when dealing on exchange but honestly most of the CEX especially those well known are less risky compared before.

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January 08, 2022, 06:00:35 PM
 #23

There are many exchanges that offer a limit of withdrawal to trade without KYC, you can trade with a withdrawal limit in Binance,kucoin,okex and some other exchanges for margin and spot trading, you can also trade BTC in dydx and also some other DEXs without KYC.

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January 08, 2022, 06:34:59 PM
 #24

Just want to share this and probably check each one of this sites:

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

Do your own research, I'm not 100% sure if they don't need KYC or not but I tried the Bisq and I don't need KYC it's a p2p BTC exchange site.
Stop misinforming OP. Have you properly read his query, or you are just replying carelessly just for the sake?

Can you carry out margin trading in any of the platforms you have listed above?

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January 08, 2022, 07:34:06 PM
 #25

hi guys

happy new year for all

pls tell me
what is best platformes that not need kyc for traiding >>> margin traiding
You can try Kucoin if its just small amount of BTC and do trading, also DEX are working for trading though I don’t know if BTC already available to their platform. Anyway, there’s still a way to trade anonymously just look for the best site that is available for your country and you’ll be good.
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January 08, 2022, 07:53:26 PM
 #26

I don't recommend to do trading in those exchanges which do not require KYC. But If you want to do that, you can trade in Kucoin without KYC, you just have to make account verify email and phone number/2FA.  There are some limits in kucoin for non KYCed users, so must check them before trading.
Kucoin isn't requiring KYC so you're suggesting a contradiction of what you're telling about not advisable to trade on exchanges that don't require KYC.

Although most exchanges are seen to be going there anytime soon that they might enforced KYC to all of their customers. Just like what binance did, they're one of the exchanges that's known to have a non-kyc policy and then surprised us with their forced KYC.

I agree.

Since most of the exchanges are now requiring KYC, there's no other way but to do KYC, I mean binance requiring KYC doesn't bother me at all because they are the best exchange so far since I've started trading in cryptocurrency. Kucoin ain't that bad either but I will recommend binance for their overall good service. It's better to put your funds somewhere you think it's safe and in good hands.
In the case of binance, we're already there and there's no other option but to just comply to what they like.

If you don't comply, you're not able to trade. As for these exchanges that don't require it yet, they might do the same thing as what binance did. They're all following the steps of binance and it's possible that they may ask for the same.

But, for the meantime, while they're not asking for it, you can enjoy using them like kucoin.
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January 08, 2022, 09:08:49 PM
 #27

I've tried trading with Kucoin and so far, they don't ask for KYC but as for me, KYC shouldn't be a problem because most exchange as it for our own good as well. Most reputable and trusted exchanges these days are asking for KYC which is acceptable and reasonable. I guess the best thing that we should look for in exchange is their reputation and not those who don't ask for KYC.
It depends on the country you are residing for KYC requirements. Maybe your country is not that strict in terms of online exchange regulation. Sooner or later everyone will be required to undergo KYC as it a must for an exchange to maintain there license and business permit. KYC serves as protection too in case someone hack your account so that you can recover it.

Yeah, Reputation is the most  important things to be considered when dealing on exchange but honestly most of the CEX especially those well known are less risky compared before.
Yes exchanges that are offering KYC are offering better protection for their clients in case that things should go wrong, such as hack. But, it all depends on what you  really want, there are some of us who prefers to maintain their privacy all the time and they don’t want to be giving out information to just any exchange. Of course, KYC is not a problem to me, as long as the exchange that I am making use of is a reputable exchange, such as Binance.com, Coinbase.com, etc. So, it’s not really a problem at all, it’s just preferences, whatever works for you is what you should choose.
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January 08, 2022, 09:59:36 PM
 #28

what is best platformes that not need kyc for traiding >>> margin traiding
If you have plans to do margin trading, then there are exchanges that would allow you to trade on their platform without having to do KYC. Although your activities on some of these exchanges might be limited, such as your amount that you can deposit and withdraw. And another thing is that it depends on the country that you are staying. For margin trading, I am going to recommend that you choose Bybit exchange.

This exchange is really a good exchange and features advanced tools, and it allows its users to trade without having to do any form of KYC.

But, it doesn’t allow U.S. citizens on its platform. So if you are in the US, this is not an option. Maybe you can look at Nominex exchange, it is another good exchange, but your withdrawal and deposit would be limited to three BTC in a day. Finally I’m also going to recommend binance.com, which is already a popular exchange, and they allow you to trade without KYC to an extent. Try to do your own research still and see what you can come up with.

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January 09, 2022, 03:11:34 AM
 #29

what is best platformes that not need kyc for traiding >>> margin traiding
Finally I’m also going to recommend binance.com, which is already a popular exchange, and they allow you to trade without KYC to an extent. Try to do your own research still and see what you can come up with.

Not anymore, they force KYC.
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January 09, 2022, 03:23:08 AM
 #30

hi guys

happy new year for all

pls tell me
what is best platformes that not need kyc for traiding >>> margin traiding
it wasn't new to us (but probably you) that most exchangers are asking for but there is some exemption, make a trade with a small amount as surely they don't care about it. But wait, use not know exchanges as these reputable exchanges will caught you up and ask KYC. Or , have to make trade online like asking your friend.
But since you were talking about margin trading, that seems impossible. And I have one piece of advice, don't make a deal online and promise you not to ask KYC especially for strangers.

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January 09, 2022, 05:37:57 AM
 #31

Since binance requires its members to verify KYC, the main choice is currently Kucoin, and if you are still not comfortable with that, then Okex is the second choice. however, both exchanges are still included in the list of the best exchanges currently available. so, if you want to try it, you just need to register, and fill in some data to be able to start trading.

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January 09, 2022, 01:51:54 PM
 #32

It's quite skeptical to trade with no kyc platform mate, because mostly are not reliable when it comes trading. Actually there are some trusted platforms but i dont know if they're still existing.. I mean accepting such features. By the way there are some swap sites maybe helpful. Because you don't need any information just a wallet to sync in within the site and you can literally trade your money.. But no margin wherein just a simple trade mate.
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January 09, 2022, 02:26:41 PM
 #33

Finally I’m also going to recommend binance.com, which is already a popular exchange, and they allow you to trade without KYC to an extent. Try to do your own research still and see what you can come up with.
Which year or decade are you still in, mate? The year on your side of the world certainly isn't 2022  Grin

Trading minus KYC verification is history in Binance since last year ( Important Changes About Binance Identity Verification )

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January 09, 2022, 08:21:23 PM
 #34

Finally I’m also going to recommend binance.com, which is already a popular exchange, and they allow you to trade without KYC to an extent. Try to do your own research still and see what you can come up with.
Which year or decade are you still in, mate? The year on your side of the world certainly isn't 2022  Grin

Trading minus KYC verification is history in Binance since last year ( Important Changes About Binance Identity Verification )

seems that he has not trade or use binance in the past months. or has received his notif from binance regarding the compulsory kyc requirement. but anyway, as others have suggested, i can recommend kucoin as they are not requiring kyc. as they reduced their daily limit, still a good choice to look at. so better take this opportunity before they finally make a kyc requirement for all traders.

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February 16, 2022, 11:37:18 AM
 #35

You can try coinexx. You can set up your account by providing basic information.
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February 16, 2022, 03:31:47 PM
 #36

...pls tell me
what is best platformes that not need kyc for traiding >>> margin traiding

Since decentralized exchanges do not require verification, you should use the Dydx.exchange, where margin trading is available. From centralized exchanges, I recommend using the exchange Bybit.com which currently does not require KYC for margin trading. But you should understand that these rules can be changed at any time.

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February 16, 2022, 09:44:46 PM
 #37

hi guys

happy new year for all

pls tell me
what is best platformes that not need kyc for traiding >>> margin traiding
Most of the centralized exchanges required to do kyc approval before trading but only some big centralized exchanges don't have to do kyc . I e Kucoin centralized exchange and mexc exchange don't have to do KYC process. You can try to trade those exchanges.

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February 16, 2022, 10:54:22 PM
 #38

I've tried trading with Kucoin and so far, they don't ask for KYC but as for me, KYC shouldn't be a problem because most exchange as it for our own good as well. Most reputable and trusted exchanges these days are asking for KYC which is acceptable and reasonable. I guess the best thing that we should look for in exchange is their reputation and not those who don't ask for KYC.

I fear exchanges that are centralized because of this KYC, they may not ask you for identification at the start but what happens when the market favors you and you had a million in your exchange wallet? what do you think will happen when you want to withdraw out that big sum of stash, they will want to play the victim and hide and seek games, I don't trust any exchange with free KYC, sooner or later they will ask for it.

It depends on the country you are residing for KYC requirements. Maybe your country is not that strict in terms of online exchange regulation. Sooner or later everyone will be required to undergo KYC as it a must for an exchange to maintain there license and business permit. KYC serves as protection too in case someone hack your account so that you can recover it.

Yeah, Reputation is the most  important things to be considered when dealing on exchange but honestly most of the CEX especially those well known are less risky compared before.

Reputation is one thing and regulation is a different thing, US traders, for example, were forced to use Binance(dot)us but the same are freely trading on Kucoin without even KYC, by the time Kucoin get the recognition and volumes Binance has managed to hold for the years, they will be forced to KYC their customer or specifically open a US Kucoin and not just US alone, some other developed countries will want a regulation.

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February 17, 2022, 01:01:27 AM
 #39

As time goes by, most centralized exchanges are starting to require their customers to undergo KYC.
I am curious why some people don't want to undergo KYC since in the first place they know that they signed up for a centralized exchange?
Another thing is, there are already a lot of decentralized exchanges (DEX) now that offer almost the same as centralized exchange especially like the futures market.

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February 17, 2022, 01:36:22 AM
 #40

I use Kucoin, Lbank and Hotbit without need to KYC for trade btc and other altcoin assets but give limit withdrawing under 2 btc in daily day, I think you can use third exchange above for trading bitcoin without need to KYC. Maybe Kucoin is the best exchange I think than Lbank and Hotbit still less transaction coin volume, but for bitcoin trading you can use third exchange above because for bitcoin have special volume transaction on all exchange market. But I worry how can you withdraw your fund later to be cash money without have exchange pass KYC because Kucoin, Llbank and Hotbit not support withdrawing to bank account.

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