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Author Topic: Which will be best non-KYC exchanger after Ku-coin?  (Read 852 times)
Perfectos (OP)
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July 02, 2023, 09:00:57 PM
 #1

As we all users of kucoin have knows the news of Ku-coin putting the KYC verifications mandatory for all users on 15 july 2023.
Ku coin was one of my favourite reliable exchanger specially for the non kyc system. But now they are also putting kyc mandatory ,
So I need some suggestions Which can be a reliable non kyc exchanger like kucoin?
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July 02, 2023, 09:04:12 PM
Merited by o_e_l_e_o (4)
 #2

If you need a non-KYC exchange, I will advise you to avoid the centralized exchanges. Those who don't ask for KYC will definitely want to ask for it in the near future. The moment they start having heavy volume on their exchange, they will be faced with regulatory challenges. In order to reduce the pressure, they will have to request that users pass through their KYC process (Know your customer).

You can check out this list of none-KYC exchange it was last updated few days ago so I guess it's still current. 
Current list of exchanges without KYC
 
 

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July 02, 2023, 09:04:17 PM
 #3

As we all users of kucoin have knows the news of Ku-coin putting the KYC verifications mandatory for all users on 15 july 2023.
Ku coin was one of my favourite reliable exchanger specially for the non kyc system. But now they are also putting kyc mandatory ,
So I need some suggestions Which can be a reliable non kyc exchanger like kucoin?
-Firstly I wanna say you that this is the wrong board for your topic, I think it's should be on Exchanges or Service discussion boards.

Maybe you should understand now that centralized exchanger is never be reliable. There is nothing you can do about their rash decision cause your funds is in their custody. However, you also cannot remove the centralized exchanger at once because it is needed in many cases.
So in this case you can use MEXC exchanger in the place of Kucoin. It is also a good exchanger among the non-KYC exchangers, Although you can also visit this topic(Current list of exchanges without KYC by Ratimov) for non-kyc exchangers. but always keep in mind that funds should not be held for a long time in these centralized exchangers. Better to get out of here as soon as possible.

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July 02, 2023, 09:09:58 PM
 #4

All centralized exchanges are eventually going to crave into the pressure and implement mandatory KYC verification. So it's a cat and mouse game. Small exchange promises no KYC --> People rush to use it --> it becomes popular --> it starts implementing mandatory KYC verification --> New small no KYC exchange pops up --> cycle continues

I won't suggest to you the best but try looking out for MEXC, Bingx or Bitget ot Phemex.

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July 02, 2023, 09:41:59 PM
 #5

As we all users of kucoin have knows the news of Ku-coin putting the KYC verifications mandatory for all users on 15 july 2023.
Ku coin was one of my favourite reliable exchanger specially for the non kyc system. But now they are also putting kyc mandatory ,
So I need some suggestions Which can be a reliable non kyc exchanger like kucoin?

KuCoin wasn’t even that decentralized before when it comes to KYC because it actually do require that to carry out P2P transactions, those without KYC were unverified and they were limited. So I wasn’t that surprised to see them making it mandatory. If you are looking for non KYC exchanges then you to go full decentralize and the best at the moment is BISQ. But there are others too, you check them out here at kycnot.com

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July 02, 2023, 09:42:54 PM
 #6

As we all users of kucoin have knows the news of Ku-coin putting the KYC verifications mandatory for all users on 15 july 2023.
Ku coin was one of my favourite reliable exchanger specially for the non kyc system. But now they are also putting kyc mandatory ,
So I need some suggestions Which can be a reliable non kyc exchanger like kucoin?
KuCoin had been trying before this new policy because I found it to be one of the most secure centralized exchanges than Binance; because with KuCoin, even if your account was compromised by another person, they would be unable to easily withdraw your funds due to the trading password.

I will just urge you to avoid leaving your Bitcoin on the exchange for security reasons; you can use the exchange to purchase and trade Bitcoin, but you should save them in your personal wallet.

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July 02, 2023, 09:55:13 PM
 #7

And who gave Kucoin exchange the title of the best non KYC required exchange, I have not used Kucoin exchange before so I can't fully support the claims regardless there are good no KYC required exchange out there that can match or even be better than Kucoin.

You can do your research and decide which you think suits your requirements, you can make use for the link below to gain more information.
https://bitcointalk.org/index.php?topic=5414539.0

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July 02, 2023, 10:47:16 PM
 #8

OKX is one of the alternative ones from the list provided above but if you are not KYC verified your account has limited features.

The only best exchange for me is the Coinex exchange because I have already experienced with them since 2020. The only problem is if you forgot your password and security question because they will force you to submit an ID and selfie. So make sure you save the security question on the piece of paper to avoid KYC.

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July 03, 2023, 03:46:18 AM
 #9

There are several peer-to-peer options available but most of them suffer from a lack of liquidity. As far as centralized exchanges go the ones that could be considered as having an excellent reputation are very few and there is no certainty wether they will continue to accept unverified customers. Every single centralized exchange I've used eventually made KYC mandatory.

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July 03, 2023, 03:53:03 AM
 #10

But there are others too, you check them out here at kycnot.com
kycnot.me, not kycnot.com that is not available now but can be a phishing site in future.

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July 03, 2023, 05:44:37 AM
 #11

As we all users of kucoin have knows the news of Ku-coin putting the KYC verifications mandatory for all users on 15 july 2023.
Ku coin was one of my favourite reliable exchanger specially for the non kyc system. But now they are also putting kyc mandatory ,
So I need some suggestions Which can be a reliable non kyc exchanger like kucoin?
I would like to mention a thread created by Ratimov where he had wrote all the exchanges which provides you the facility of using exchange without KYC. Just to clear things out, i never used those exchanges so i do not know if they provide the usage of exchange without KYC but i trust the thread so that's why i am sharing it here.


I do not know if the list is shared by anyone else so, ignore it if it is, and my suggestion is to go for OKX or Huobi Global but MEXC is also a good exchange so it's up to you to select because there are many exchanges which might not be available in your country like in mine so i cannot get benefit from them but you might.

There is another thread that i like to mention but it's up to you to choose because i also didn't use any of it as p2p contains high-risk factors and you have to be more careful.


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July 03, 2023, 06:22:21 AM
Merited by fillippone (1)
 #12

Indeed, the average person wants it to be easy and not complicated. If indeed it is your trading platform. I think just submit your KYC. even if they see from the transaction history that you have done it could be that your status is upgraded to a level 2 user. which can attract more than the minimum limit. Why enter one house and go to the second if the first house is safe and there are no problems.

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July 03, 2023, 06:32:28 AM
Merited by o_e_l_e_o (4)
 #13

The best no KYC exchange is no KYC P2P or decentralized exchange, you can pick Bisq, Robosats, Agoradesk. xchange.me etc.

Why enter one house and go to the second if the first house is safe and there are no problems.
If the implementation of mandatory KYC on Kucoin will not cause a problem for @OP, he wouldn't create this thread in the first place.

The mandatory KYC rule is the problem for @OP, however there's no centralized exchange is safe even though you don't have any problem using it for one or two years, you need to check FTX where they used to be a Binance killer, but they got hacked and it has been shutdown.
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July 03, 2023, 08:32:41 AM
 #14

Do you seriously think that some kind of Robosats, xchange.me is a great alternative to KuCoin for a trader? Funny.
This thread is posted in Beginners & Help, so it's a general question. If this thread was posted in trading discussion, I could be wrong because if the @OP is a daily trader, swap exchange can't be a solution.

DEX could be hacked, but it's very rarely to happen, moreover if you trade in swap exchange, you'll receive your coins/money immediately. It's almost impossible during you swap your token, the site get hacked at the same time. Some sites give you the private key to access the wallet.

Cool your heads off, when did @OP saying he's looking for a high liquidity exchange without KYC?
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July 03, 2023, 12:33:38 PM
 #15

If you need a non-KYC exchange, I will advise you to avoid the centralized exchanges. Those who don't ask for KYC will definitely want to ask for it in the near future. The moment they start having heavy volume on their exchange, they will be faced with regulatory challenges. In order to reduce the pressure, they will have to request that users pass through their KYC process (Know your customer).

You can check out this list of none-KYC exchange it was last updated few days ago so I guess it's still current. 
Current list of exchanges without KYC

To make an additional contribution on this, we should not always accept the statement from exchanges when they say that you will be decentralized while using them or they will offer you the best privacy offers in your experience with them, as far as they are centralized exchanges they are not safe and cannot be centralized and same time be decentralized, we should learn how to identify an exchange being a KYC one or a decentralized exchange by ourselves, centralized exchanges will always have in custody your keys and will never give them to you, then by now you should have know this that not your keys not your coins.

R


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July 03, 2023, 12:42:12 PM
 #16

As we all users of kucoin have knows the news of Ku-coin putting the KYC verifications mandatory for all users on 15 july 2023.
Ku coin was one of my favourite reliable exchanger specially for the non kyc system. But now they are also putting kyc mandatory ,
So I need some suggestions Which can be a reliable non kyc exchanger like kucoin?

Use dex instead of centralize exchange if you want to avoid KYC since it will implemented to all of CEX.

Here are the list of top Dex as of the moment https://koinly.io/blog/best-decentralized-exchanges/

Even if they are rated as good Dex you still need to do some research and always listen to communities feedback to avoid getting in touch with those scam Dex exist out of nowhere.

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July 03, 2023, 03:50:27 PM
 #17

I would now look towards Bitget or Huobi. They have similar functionality, good commissions, support for various networks and developed trading.
Yeah another centralized exchange with temporary no KYC is the choice for @OP, but he need to keep an eye with the exchange's social media or email to get an update about updated terms. If he's not aware about it, then this could be a problem if he's really don't want to submit his KYC.

Usually those centralized exchange will notify their users, I haven't remembered with a centralized exchange without KYC updating their terms in silently.

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July 03, 2023, 05:29:03 PM
 #18

So I need some suggestions Which can be a reliable non kyc exchanger like kucoin?
Obviously Huobi Global will be the best non KYC exchanger after Kucoin. Because it is one of the most popular, secured and a exchange which have a lot of trading pairs with higher volume and a very cheap fees for trading and withdrawals.

But have some other options what I want to add is Cointiger exchange, XT exchange. They are also promising exchanges like Huobi and Coinex because they have a little trading fees, many pairs and a decent trading volume. But I will not suggest to store much funds in these exchanges as they don't have too much reputation yet but also not too bad at all.
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July 03, 2023, 06:30:09 PM
 #19

As we all users of kucoin have knows the news of Ku-coin putting the KYC verifications mandatory for all users on 15 july 2023.
Ku coin was one of my favourite reliable exchanger specially for the non kyc system. But now they are also putting kyc mandatory ,
So I need some suggestions Which can be a reliable non kyc exchanger like kucoin?
If you want to use an exchange without kyc you should use DEX instead of CEX but if you have any reason to use CEX or need a temporary exchange without KYC to exchange multiple coins including bitcoin I would say MEXC. I use it here without kyc any listed coin/token can be exchanged quickly and Deposit and Withdraw are completed very quickly. I use it so I say it but I won't say you use it too but I think MEXC or gate.io without KYC after kucoin can work better.



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July 03, 2023, 06:34:11 PM
Merited by BlackHatCoiner (4)
 #20

IMHO, the absolute best platform for buying bitcoin without any KYC is RoboSats. Their model is the best that I have ever come across for a few reasons.

- It can be run entirely within a Tor browser so very limited hardware requirements are needed.
- No identities are required at all. You can generate an entirely new identity for each and every trade which makes it incredibly difficult (if not impossible) to know who is behind any given trade.
- You can send/receive multiple different payment methods and currencies. You can even swap in/out of lightning to get different sats than what you already have on-chain.
- You can delete a robot identity after you are done completing a trade.
- All trade chat is PGP encrypted so you don't have to worry about anyone else knowing about your trade details.
- Trust is minimized with the use of maker bond smart contracts.
- As soon as you complete a trade and delete a robot identity, there is no trace or history of the trade on a platform.

There are probably a number of other reasons to use it but with all of these mentioned above, it is without a doubt my favorite way to buy/sell bitcoin.

I wrote this article not too long ago on how to use bitcoin anonymously that you might find helpful.

I'm here to chew bubblegum and stack sats....and I'm all out of bubblegum. - Learn More About Bitcoin: What Is Bitcoin?
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