Which exchange is best for crypto-to-crypto trades with no KYC and low fees?

[btcinfo891]

Poloniex is very bad exchange to use.

I joined this market in 2017 and actually experienced months with very shady and terrible technical operations of Poloniex. They did not prepare their infrastructures to meet massive new customer flow into their exchange. Their exchange was super laggy and sometimes even could not access. They arbitrarily put their exchange on maintenance mode without prior announcement/ notification to their customers.

When their customers got access to their accounts, after maintenance, if they had active margin orders, mostly those orders were forcefully closed, accounts were liquidated.

Later, Poloniex was acquired by Justin Sun who is not a man I can trust.

Regarding them being shady, that is probably true, but I cannot think of a non-shady CEX off the top of my head. Actually I consider the KYC-only exchanges like Binance much shadier than the CEXes where KYC is optional.

Do you have a non-KYC CEX that you could recommend instead of Poloniex?

[Kurt Bernier]

BTCC excnage they have kyc but its really light. fees are really low

[batang_bitcoin]

BTCC excnage they have kyc but its really light. fees are really low

Most of them are now requiring KYC, kucoin was like the last exchange standing that don't ask for kyc but with some hot news about them, for sure that they're going to be tackled by the government. Those that don't have kyc right now are the dexes but you know that many of them have security and liquidity issues. To understand the situation right now, it's hard to find an exchange that's 100% not kyc because if they do now, they're going to change their policy and will become 100% kyc compliance.

[Cryptomultiplier]

I can't help but think that you want the cheapest of service with more gains and less expenses. Well, it would be hard to get both non KYC and cheap fees on one exchange. That would be selfish of you because these exchanges want to make money too, else why run or operate an exchange platform?

I know of two, but I don't know how common in use they are because I use the ones with KYC and reasonable fees rate.
* Margex offers no KYC verification on the platform with up to 100x leverage on futures and copy trading.
* MEXC is one very good exchange also, that has over 1,000 cryptocurrencies in the platform with 0% trade fees.

[Rabata]

Earlier there were some exchanges in which trading or withdrawal could be done before doing KYC but now the exchanges have become a little stricter so now KYC must be required for trading or deposit withdrawal. If you talk about good quality exchanges, then the first name that will come is Binance and KuCoin, you can easily create an account in these two exchanges, but if you want to deposit, withdraw or trade, you need to do verification. Even so, verification is not a very difficult task, if you submit your information correctly, your account will be verified within two to five minutes. As it is about money, I think it would be a good decision to submit KYC and then trade or deposit.

KYC is an important factor in cryptocurrency transactions. Still some exchange sites don't make KYC mandatory but I think every platform should do it. In the case of cryptocurrency transactions, we use a common platform, if there is ever a mistake in storing some of the secret keys of that platform, then if KYC is done, there is definitely a security guarantee. KYC is mandatory in top level exchanges. There, KYC matters are followed thoroughly, though it needs few moments to complete KYC. On the other hand some platforms don't want KYC but I think they will definitely want KYC today or tomorrow. Recently MEXC platform does not require KYC and it is still recognized as a good exchange site.

[Bobrox]

Most of them are now requiring KYC, kucoin was like the last exchange standing that don't ask for kyc but with some hot news about them, for sure that they're going to be tackled by the government. Those that don't have kyc right now are the dexes but you know that many of them have security and liquidity issues. To understand the situation right now, it's hard to find an exchange that's 100% not kyc because if they do now, they're going to change their policy and will become 100% kyc compliance.

Usually has exchange not requirement with KYC such as MEXC and Kucoin but last update both exchange can't trade if not verifying KYC and currently almost all CEX exchange have requirement with KYC. I don't know any CEX exchange without requirement KYC and have lo fees fees trading or withdrawing fund, some exchange without required KYC seems less volume transaction on their market and make difficult for trading there, better update your document ID and verifying if want trade on top exchange market with huge volume transaction in daily day such as Binance, Kucoin or Huobi exchange.
All exchange requirement with KYC because getting regulation from government how to protect from money laundering, if not KYC easily for money laundering activities because exchange can't verify the user.