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Author Topic: What is the best non Kyc exchange  (Read 499 times)
dzungmobile
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April 29, 2023, 11:33:49 AM
 #21

most centralized exchnages with no KYC have limited buy order per day unless you are sure you won't reach the threshold, maybe you want to buy max of 1000$ crypto per day then it's fine, the best-decentralized exchange that I like using most of the time is
Are you sure about this common limitation on centralized exchanges?

The most common limitation I know is daily withdrawal amount if they allow you to use their service without KYC verification. Nowadays very limited centralized exchanges give their user non-KYC policy.

Kucoin is the best centralized exchange without KYC. There are others but with smaller trading volume, more trading bots, more wash trading volume and perhaps worse security.

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May 10, 2023, 05:48:28 PM
 #22

I think MEXC is the most popular now, along with Kucoin. However, i doubt it will stay that way for long and most successful exchanges are now asking for KYC. Bybit was a very successful non-kyc exchange but that has now changed. Keep minimal assets on the exchange just in case they require it without warning
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May 10, 2023, 07:13:23 PM
 #23

I was reading the thread a few days back where the topic was particularly discussing about the Sale of the KYC-appro accounts on sale at Balck markets and people were buying them I am not sure about the intentions but this is what KYC imposers do with your personal information. I think avoiding KYC should be the first lesson to be learned in the Crypto market. Because you never when these central KYC imposers are gonna dumb you.

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May 11, 2023, 02:22:12 AM
 #24

I was reading the thread a few days back where the topic was particularly discussing about the Sale of the KYC-appro accounts on sale at Balck markets and people were buying them I am not sure about the intentions but this is what KYC imposers do with your personal information. I think avoiding KYC should be the first lesson to be learned in the Crypto market. Because you never when these central KYC imposers are gonna dumb you.
Using identities of others is stupid and very risky. It is unofficial theft and you might get trouble any time with exchanges, with police.

If you are not bad guy, you can submit KYC with your own identity documents and use your account officially fine enough.

If you are not bad guy, but don't want to do KYC, you can pick non-KYC exchanges to use. If it is your choice, remember those exchanges can be seized by governments, they can close their service, they can change from non-KYC to KYC. So you should never connect all your capital with them. Only use them when you can enjoy their non-KYC services but aware of those risk types in future.

R


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June 27, 2023, 09:05:07 AM
Merited by Nwada001 (4), SmartGold01 (2), Symmetrick (2)
 #25

Centralized exchanges have the power to alter their rules and terms & conditions at any time. Some exchanges, such as Kucoin, allow trading without KYC, but this policy can change at any moment. Bybit was previously a popular exchange that didn't require KYC, but it will now be mandatory. Therefore, it's not advisable to be too confident in trading without KYC on centralized exchanges if you want to stay completely secure. It's best to use a reputable decentralized exchange. However, if you choose to trade on Kucoin without KYC, exercise caution as it is well-regarded but subject to change.

What is more annoying about it is that in most cases, they do that without informing their clients and can at any point in time take action against their clients that are just too lousy to read terms and conditions. That is why it is advisable that at some point, one needs to do the needful by reading terms and conditions so as to be on the safe side before doing anything not inline with terms and conditions or service of the CEX. The aspect of one trading on CEX without KYC is very risk because at the entire end, you might loss your investment because the CEX might sight a terms of service against the client and possible if the client IP reads from a restricted zone, that is final as the funds or assets would possibly be frozen.
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June 27, 2023, 10:03:41 AM
 #26

I was reading the thread a few days back where the topic was particularly discussing about the Sale of the KYC-appro accounts on sale at Balck markets and people were buying them I am not sure about the intentions but this is what KYC imposers do with your personal information. I think avoiding KYC should be the first lesson to be learned in the Crypto market. Because you never when these central KYC imposers are gonna dumb you.
Kyc verification is not better than before where you can only submit your identity card and you get approved, now you will need to lively submit your selfie, not submitting a saved picture, Binance and Okex are now using such tactics for their KYC verification.

True be told, it's stupidity to use someone else ID because you want to trade or use the exchange because you can end up in a situation where you need to submit more than your identity for certification, and imagine you are asked for bank statement and other.

If you are not ready for this, avoid centralized exchanges at all cost, we have Pancakeswap and DEX that requires your wallet connection only to perform trades and swaps.

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June 27, 2023, 12:03:43 PM
 #27

I was reading the thread a few days back where the topic was particularly discussing about the Sale of the KYC-appro accounts on sale at Balck markets and people were buying them I am not sure about the intentions but this is what KYC imposers do with your personal information. I think avoiding KYC should be the first lesson to be learned in the Crypto market. Because you never when these central KYC imposers are gonna dumb you.
Kyc verification is not better than before where you can only submit your identity card and you get approved, now you will need to lively submit your selfie, not submitting a saved picture, Binance and Okex are now using such tactics for their KYC verification.

True be told, it's stupidity to use someone else ID because you want to trade or use the exchange because you can end up in a situation where you need to submit more than your identity for certification, and imagine you are asked for bank statement and other.

If you are not ready for this, avoid centralized exchanges at all cost, we have Pancakeswap and DEX that requires your wallet connection only to perform trades and swaps.

You can avoid this on some exchange since Kucoin doesn't require there users to submit their KYC. But they have set limits which is fine especially when you trade small amount of money and will not exceed to 1BTC a day. For now this is the best casino for no KYC needed category since they are somehow reputable exchange which operates for long years.

 Any other exchange well I can't trust them especially those new ones stating that they will not require KYC to anyone.

R


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June 27, 2023, 01:25:48 PM
 #28

Most of the new members here, have done Kyc especially those into Crypto trading before joining this forum and discovered the dangers of Kyc (I am with this group) and so all we can do is to try to avoid Kyc and hope our past mistakes won't to haunt us. My aim is to get reviews about the best non Kyc trading exchange at the moment in order to advice those I know that want to go into trading (because I can't just tell them the dangers of Kyc without giving them a solution). Though there have been post about this before but its a known fact that some of this exchange may later switch to using Kyc or be less reliable  as before. I know Bisq exchange is good but you can't trade with it on it mobile app (and not every traders has a pc ) and is not really beginner's friendly.

The use of the bitcoin becomes now set aside because of the centralized platform, if you are using a exchange for every transaction you made for example trading, ideal to use the decentralized platform, but today we are now dominated by the different centralized exchanges so the only option of the investor is to use the centralized platform still they keep avoiding the KYC still some of the platform has a not mandatory KYC like only level 1 with the phone number and email for its recovery, again if you are active in trading ideal to use the centralized/decentralized platform but if you are not and just buying coins holding for a long term its not your coin unless you transfer it in your wallet with private keys.

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June 27, 2023, 02:17:35 PM
 #29

If you're given lists of centralized exchanges that are KYC free now but you don't ever intend to go through any type of KYC in future, I will advise you don't even start with any of them. At some point in future, these KYC-free exchanges now will ask for KYC. If Binance which was KYC free when it debuted in 2017 could later mandate its subscribers to go through KYC, I don't want to trust that any other KYC free exchanges now won't toe that line later. Wait till these exchanges have grown their subscriber base and see them change like the chameleon. OP, your best bet should be to go to Dexs which are absolutely KYC free.

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June 27, 2023, 04:23:04 PM
 #30


You can avoid this on some exchange since Kucoin doesn't require there users to submit their KYC. But they have set limits which is fine especially when you trade small amount of money and will not exceed to 1BTC a day. For now this is the best casino Exchange for no KYC needed category since they are somehow reputable exchange which operates for long years.

 Any other exchange well I can't trust them especially those new ones stating that they will not require KYC to anyone.
Using exchanges that may ask KYC at any time is not recommended for someone who never wants to go through KYC cause even if they don't seek mandatory KYC for 1BTC/day they simply ask any random day to complete KYC so until all the funds in exchange's wallet will be on hold.

It seems trading without KYC on centralized exchanges is close to impossible even we don't have lot of p2p options so we have only option is to use DEX.

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June 27, 2023, 06:28:01 PM
 #31

My aim is to get reviews about the best non Kyc trading exchange at the moment in order to advice those I know that want to go into trading (because I can't just tell them the dangers of Kyc without giving them a solution).
Hope OP has got some idea about the best non KYC exchanges. To summerize the best non KYC exchanges are Kucoin, Mexc ,Coinex, Huobi etc. In Huobi Global exchange you can withdraw opto 10K $ without KYC.

If you want to know about some other non KYC good exchanges then I will suggest to use Cointiger exchange which is really a underrated exchange and provides good service in my opinion. Another non KYC exchange with a lot of trading pairs, listed coins and offer lower fees is XT exchange. Though I will not say they are the best exchanges but quite impressive exchanges with good features and service in my opinion.
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June 27, 2023, 06:33:52 PM
 #32

I know Bisq exchange is good but you can't trade with it on it mobile app (and not every traders has a pc ) and is not really beginner's friendly.
Bisq is a great choice if you want to use it on your computer, but there is one very good alternative for mobile devices and it's called Peach Bitcoin.
This app is available on iOS and Android devices and it can be used for p2p trading of Bitcoin with fiat currencies in Europe, all that without any kyc verification (with some limitations).
One thing I don't like is that PeachBitcoin is not open source, but they announced license will be modified to MIT+CC soon.
You can do your own research here:
https://peachbitcoin.com/

AtomicDex is another exchange that can be used on mobile devices but only for trading with crypto, not with fiat currencies.
Volume is not that great for some smaller altcoins, but it works.
https://atomicdex.io/

Another good resource to explore is kycnot website:
https://kycnot.me/

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June 27, 2023, 08:11:48 PM
 #33


What is more annoying about it is that in most cases, they do that without informing their clients and can at any point in time take action against their clients that are just too lousy to read terms and conditions.

It's only exchanges and platforms that seem to have unprofessional services that usually do that kind of stuff. If not, there should be some form of information and notification telling users and customers the areas in which the T&C were updated.
Any platform that is not doing that should be used with caution, as such platforms could be very risky in the future, for they can just implement something that could be used against their customers in their own favor.

R


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June 27, 2023, 08:54:32 PM
 #34

Kucoin is probably (for now) the best option.

I use an independent Bitcoin Miner who I've known for years (met on Local Bitcoins, we're still friends after all these years) who will send me Bitcoins to my Wallet if I pay for them.  A few days wait in between ordering, mining and receiving the Bitcoins is nothing IMO to the alternative hoop-jumping of what the SEC etc. want and will only make tougher down the line.

I won't shill names here (no names, no pack drill) but if anybody is genuinely interested then they can reach out to me. 

I should point out that if a person mines Bitcoins that it is not illegal to sell them on if he/she wishes to do so. 
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June 27, 2023, 09:38:26 PM
 #35

If you're given lists of centralized exchanges that are KYC free now but you don't ever intend to go through any type of KYC in future, I will advise you don't even start with any of them. At some point in future, these KYC-free exchanges now will ask for KYC. If Binance which was KYC free when it debuted in 2017 could later mandate its subscribers to go through KYC, I don't want to trust that any other KYC free exchanges now won't toe that line later. Wait till these exchanges have grown their subscriber base and see them change like the chameleon. OP, your best bet should be to go to Dexs which are absolutely KYC free.

KYC free is now the new trick exchanges use to lure people to getting registered with them when they grow their customer base to a much bigger number, they bring in KYC policy so as to bend them to their own conditions and at that moment, every one would be forced to undergo KYC so as to safe guard their assets and funds otherwise they may be on the edge of lossing it all.

I think this step used by exchanges is a very bad one because they are playing pranks with people and deceiving them to getting registered with them with cock and bull promises and at the entire end, they deviate from their promises. It is misleading and dissappointing.

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June 27, 2023, 11:07:25 PM
 #36

If you're given lists of centralized exchanges that are KYC free now but you don't ever intend to go through any type of KYC in future, I will advise you don't even start with any of them. At some point in future, these KYC-free exchanges now will ask for KYC. If Binance which was KYC free when it debuted in 2017 could later mandate its subscribers to go through KYC, I don't want to trust that any other KYC free exchanges now won't toe that line later. Wait till these exchanges have grown their subscriber base and see them change like the chameleon. OP, your best bet should be to go to Dexs which are absolutely KYC free.
When they manage to grow their business bigger - then the government will demand that they apply KYC to get license to operate in their jurisdiction. I wouldn't be surprised when some of them change the TOS on the way - it's happened to several other well-known exchanges.

You're right - Binance is one of them, of cource- but I wasn't there at the time.  Cheesy

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June 27, 2023, 11:37:32 PM
 #37

You can avoid this on some exchange since Kucoin doesn't require there users to submit their KYC. But they have set limits which is fine especially when you trade small amount of money and will not exceed to 1BTC a day. For now this is the best casino for no KYC needed category since they are somehow reputable exchange which operates for long years.

 Any other exchange well I can't trust them especially those new ones stating that they will not require KYC to anyone.

1 BTC a day on the Kucoin exchange is only applicable to withdrawals and deposits, I believe. This restriction does not apply to trading.

You're right - Binance is one of them, of cource- but I wasn't there at the time.  Cheesy

I was actually there when it happened, and thankfully, they let all users withdraw funds from the platform without going through KYC verification. It was definitely the right move in that situation, and I hope other platforms take note and avoid locking user funds and demanding KYC.

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June 28, 2023, 11:40:50 AM
 #38

Kucoin is probably (for now) the best option...

From July 15 , Kukoin introduces mandatory KYC: "Starting from July 15, 2023 (UTC), newly registered users must complete their KYC in order to use KuCoin's products and services" - https://www.kucoin.com/announcement/enhancement-of-kucoin-customer-identification-and-verification-program
And this means that if there are still any exchanges without KYC, then we can expect that after some time, a mandatory KYC will also be introduced there.

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June 28, 2023, 05:27:04 PM
 #39

For a centralized exchange: Kucoin.
Read more here: https://kycnot.me/
This option has became from the past, and it is better to talk here about kucoin was KYCless exchange that they were not strict in verifying identity, or it was not compulsory, or it was possible to bypass it without uploading the files.
The alternative options are now limited to OKX, you can try it, but I expect that they will make the same decision in the next few months.
The next option may be the forum, there is a good possibility of fast non-kyc crypto exchange if you are trusted.
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June 29, 2023, 08:33:34 AM
 #40

Most of the new members here, have done Kyc especially those into Crypto trading before joining this forum and discovered the dangers of Kyc (I am with this group) and so all we can do is to try to avoid Kyc and hope our past mistakes won't to haunt us. My aim is to get reviews about the best non Kyc trading exchange at the moment in order to advice those I know that want to go into trading (because I can't just tell them the dangers of Kyc without giving them a solution). Though there have been post about this before but its a known fact that some of this exchange may later switch to using Kyc or be less reliable  as before. I know Bisq exchange is good but you can't trade with it on it mobile app (and not every traders has a pc ) and is not really beginner's friendly.
I always don't see any reason why a trader should be fearful of doing KYC on a well known legitimate exchange once the source of the funds you're moving to the exchange is from a legit source and also being used for legitimate activities and businesses.
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