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Author Topic: KYC Free Exchange from Altcoin to Bitcoin?  (Read 218 times)
Bitcoiner2023 (OP)
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January 27, 2024, 12:50:03 PM
 #1

Hello everyone,
I'm looking for exchangers to change my altcoins into Bitcoin without KYC.

Do you have trustworthy sites for me?
What are the limits there?

Thanks so much
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January 27, 2024, 12:51:57 PM
 #2

exch.cx is one of them. Not so many coins are supported though. A few more options can be found here: https://kycnot.me/

Alternatively, if you want something with bigger liquidity, and coins support, there is MEXC but as I mentioned in a recent post, there were some complaints about them not allowing users to withdraw their funds, and the CEO deleting his account etc. I don't see those posts as often, but keep that in mind.

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January 27, 2024, 12:52:41 PM
 #3

Non KYC exchanges this days are mostly decentralized ones you can check https://kycnot.me/, it has many exchanges that do not require KYC. I will suggest either exch.cx or bisq. But should help but the problem will be the altcoin. Most of this decentralized exchanges do not have many Altcoins maybe due to large liquidity. If it is an Ethereum chain token then you can make use of Uniswap or pancake swap. For Solana you can use Raydium to swap your token.

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January 27, 2024, 01:12:40 PM
 #4

Hello everyone,
I'm looking for exchangers to change my altcoins into Bitcoin without KYC.

These are decentralized exchanges you can try use, they don't require for KYC and they are of global reputable and standard,

decentralized exchange
https://bisq.network/
https://hodlhodl.com/

Do you have trustworthy sites for me?
What are the limits there?

There's no one that can give you an assurance on being trustworthy or not, but from what has been given, they are the best selection you could not afford to miss, make your own research and try to read their ToS to more more about them.




.
.BIG WINNER!.
[15.00000000 BTC]


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January 27, 2024, 01:18:14 PM
 #5

exch.cx is one of them. Not so many coins are supported though. A few more options can be found here: https://kycnot.me/
This exchange you listed here does not look like a trusted exchange. The interface looks like children online games.

Alternatively, if you want something with bigger liquidity, and coins support, there is MEXC but as I mentioned in a recent post, there were some complaints about them not allowing users to withdraw their funds, and the CEO deleting his account etc. I don't see those posts as often, but keep that in mind.
There is nothing wrong with mexc exchange as a matter of fact I have been using it for long. And that is the best place he can change it if actually the the coin in question is listed in it.
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January 27, 2024, 01:46:21 PM
 #6

exch.cx is one of them. Not so many coins are supported though. A few more options can be found here: https://kycnot.me/
This exchange you listed here does not look like a trusted exchange. The interface looks like children online games.

I don't understand your concern over eXch exchange's trustworthiness only because of its simpler interface compared to other platforms. The two are not necessarily related.

While its look and feel differs from more well-known exchanges, that alone does not equate to questionable practices or intent.  Moreover, having been active in these forums since 2014, eXch seems to have built a solid reputation over time in this community. 

R


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January 27, 2024, 02:44:34 PM
 #7

This exchange you listed here does not look like a trusted exchange. The interface looks like children online games.
Here's their thread eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20, you can leave them a negative feedback if you think the childish interface looks like a scam site.

Quote
There is nothing wrong with mexc exchange as a matter of fact I have been using it for long. And that is the best place he can change it if actually the the coin in question is listed in it.
They're centralized exchange with temporary no KYC, sooner or later they will force every users to submit KYC just like Binance, Kucoin, Bybit etc.

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January 27, 2024, 02:50:29 PM
Last edit: February 01, 2024, 11:15:09 PM by d5000
 #8

I use exch.cx regularly and never had any issues, the only time a trade hung it was resolved in a few hours by support (and no, that recommendation is not related to my signature -> the only connection may be that I was happy to see a campaign by a service I already had trusted before). I also like very much their feature of a "letter of guarantee" (a signed message which acts as a proof that the deposit and withdrawal addresses linked to a trade are correct. If exchanging bigger quantities, of course check if the signature is correct!)

Edit: Situation at exch.cx has regularized, so my recommendation stands Smiley

If you have more exotic (particularly older) altcoins, take a look at Freiexchange.com. They also have an oldschool interface but I have used them also regularly and never heard about any issues.

Another alternative are atomic swaps (you can use Komodo Wallet for that), which doesnt need an intermediary, but take into account that this results in your exchange being visible on both blockchains, and also the Bitcoin transaction fees may be quite high.

For PoS/smart contract chains, tokens on non-ETH chains etc. there's ChangeNow which might support the biggest selection of altcoins of any non-KYC exchanger. I would not trust them high amounts of coins, because they have a policy to check the deposited coins with an analysis tool and when they're "tainted" you'll have to register and even provide proof of funds in some cases, if the result of these tools is very bad you'll not even get refunded if you don't provide these documents. This has resulted in some scam accusations against them, but I've looked into them and they're likely mostly baseless (IMO most were likely people wanting to exchange funds of dubious origins, getting caught by their analysis tools and not wanting to provide KYC documents).

So in general my recommendation would be:

- use exch.cx if the coin you want to exchange is supported,
- try with Bisq and other tools recommended on kycnot.me (with rating or 8 or more) if not (unfortunately many of them don't support many coins) or use atomic swaps,
- and for low quantities of more exotic coins use Freiexchange or ChangeNow, but they're more risky.

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January 27, 2024, 03:10:22 PM
 #9

Some centralized exchanges still allow you to use their exchanges, no KYC but using centralized exchanges has many risk.

Risk of account freeze by them. Risk of their service closure, scam and many things.

You are doing something opposite than people often do. Because with altcoins, you can use Decentralized exchanges to swap around like from ETH to USDT, USDC. And you can deposit them to a centralized exchange to buy bitcoin, then withdraw.

Reminder: do not keep your money in online accounts
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January 27, 2024, 03:20:00 PM
 #10

Alternatively, if you want something with bigger liquidity, and coins support, there is MEXC but as I mentioned in a recent post, there were some complaints about them not allowing users to withdraw their funds, and the CEO deleting his account etc. I don't see those posts as often, but keep that in mind.
There is nothing wrong with mexc exchange as a matter of fact I have been using it for long. And that is the best place he can change it if actually the the coin in question is listed in it.

I used MEXC twice last two months and I had no issue but what OmegaStarScream said is very correct, and it's a friendly warning. I heard about the withdrawal challenges some users are facing from a discord group of one of the projects that's listed on MEXC. The community members were also advised by the moderators to stay away from the exchange, although I don't know it has gotten to the point of the CEO taking down his social media account.
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January 27, 2024, 03:29:53 PM
 #11

I used MEXC twice last two months and I had no issue but what OmegaStarScream said is very correct, and it's a friendly warning. I heard about the withdrawal challenges some users are facing from a discord group of one of the projects that's listed on MEXC. The community members were also advised by the moderators to stay away from the exchange
There are other centralized exchanges to use and if MEXC has problems by rumor, it is good to stay away from MEXC before things become clear. Clear means the exchange either will clear rumor and they are good one to use or they will actually fall into bigger problems and rumor is like tip of iceberg.

If they have problems, we will know but if we lose money to them before things are clear, we are just too careless and stupid to store money there.

Quote
although I don't know it has gotten to the point of the CEO taking down his social media account.
MEXC urges calm over deleted ‘CEO’ account amid reported withdrawal issues

They answered it on 24 December 2023.


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January 27, 2024, 03:30:00 PM
 #12

exch.cx is one of them. Not so many coins are supported though. A few more options can be found here: https://kycnot.me/
This exchange you listed here does not look like a trusted exchange. The interface looks like children online games.

I respect every difference, including the way of thinking about something that is seen. The appearance of the interface is not a problem if the eXch exchange site can fulfill the user's wishes.

The aim of users using the exchange platform is to make it easier to use and the aim of the exchange platform is also to provide the best for its users. Both understand each other. If the appearance is good while the function is not as desired, what's the point?

If someone like you's goal on an exchange platform is the appearance, not the features and convenience, we can understand how and what the user's character is like.

R


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January 27, 2024, 04:03:36 PM
 #13

exch.cx is one of them. Not so many coins are supported though. A few more options can be found here: https://kycnot.me/

Alternatively, if you want something with bigger liquidity, and coins support, there is MEXC but as I mentioned in a recent post, there were some complaints about them not allowing users to withdraw their funds, and the CEO deleting his account etc. I don't see those posts as often, but keep that in mind.

I have been using Mexc for a few months, and so far I have not seen any problems because I can often withdraw funds from this platform every month, which are around $300-$500.

And it's also true that there is no kyc, so I often do daily trade here, and at the same time I also do futures trade. So far, so good, even if it's only a small profit every day. Then the Okx also has no kyc.



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January 27, 2024, 04:22:48 PM
 #14

Do you have trustworthy sites for me?

Since you said Altcoins without mentioning the specific token name, I think it would be better if you used MEXC, MEXC supports many major altcoins and also doesn't require users to do KYC to interact there.

What are the limits there?

AFAIK it's 30 Bitcoin (BTC), but I don't know for now, the last time I interacted there was about 7 months ago, it's a good idea for you to look for further information on their official page, who knows, there may have been changes that no longer allow that number.

R


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January 27, 2024, 04:39:34 PM
 #15

The altcoin has to be listed in the exchange to trade it for BTC. This is the basic requirement to fulfill the exchange of your altcoin and with that said, you may have to look it up because to me it sounded like it's not listed somewhere yet. If this altcoin is among the top in Coinmarketcap then it's going to be listed on big CEX.

Most CEX are already asking KYC even the ones you don't expect that will ask are already requiring users to submit documents. There isn't an escape to this anymore unless you do it on DEX.

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January 27, 2024, 04:50:55 PM
 #16

It would have better for the op to name the altcoin which he is planning to do the exchange so that it will be very easy for the recommendation. Instead of giving him all exchange that does not do KYC. And most of those decentralized exchanges do not have all the altcoins so if exchange A does not have it , exchange B might have it, therefore if the op name it then we can know which of the exchange has the altcoin he is looking for to exchange and recommend that exchange for him to do the job very fast and easy. Op please be specific to make things easy for you and others.

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January 27, 2024, 04:52:35 PM
 #17

Hello everyone,
I'm looking for exchangers to change my altcoins into Bitcoin without KYC.

Do you have trustworthy sites for me?
What are the limits there?
Actually, without knowing the name of the Altcoin you want to exchange, how can I suggest you an exchange name? I think you should mention the name of the alt-coin because if it is not listed on the suggested exchanger then there is no point in suggesting it.
Moreover, you can do direct P2P exchange by creating a topic on this board( Currency exchange), you must mention some specific details about your coin. Moreover, what ever the amount is small or big, if the buyer does not feel trusted for you, then you can use these Escrow services in this case you don't have to worry about limit.  Wink

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January 27, 2024, 09:08:43 PM
 #18

exch.cx is one of them. Not so many coins are supported though. A few more options can be found here: https://kycnot.me/
This exchange you listed here does not look like a trusted exchange. The interface looks like children online games.


As a Pi coin supporter, you resent some exchangers for their simple design, I will see everything here.

Hello everyone,
I'm looking for exchangers to change my altcoins into Bitcoin without KYC.

You didn't say which altcoin you have for exchange. First, check where it is possible to trade coins that you have, and then look for the best solution. Here, for example, if you have a Pi coin, forget that you will sell it anywhere because it is garbage.

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Bitcoiner2023 (OP)
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January 28, 2024, 11:08:12 AM
 #19

Sorry guys, I know altcoin is a very broad term.

It is USDC (Erc20)
In principle, all altcoins on the Ethereum blockchain.
I would use DEX to exchange the USDC into ETH or into USDT etc

Unfortunately, the volume of Bisq is too small for me, I'm talking about larger amounts that I would like to swap in Bitcoin.

exch.cx is too risky for me, nothing against the operators, but changing such large sums to someone who has control over my coins would give me a lot of stomach ache.

Atomic swap sounds interesting.
Is something like that safe?
And how does an atomic swap work?
As far as I know, everything runs with AMM (Automatic Market Maker), and about smart contracts right?
And you have full control over it yourself?

Do you have any Atomic Swap / Cross Chain Swap providers for me?
Despairo
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January 28, 2024, 01:16:29 PM
 #20

Is something like that safe?
And how does an atomic swap work?
As far as I know, everything runs with AMM (Automatic Market Maker), and about smart contracts right?
And you have full control over it yourself?

Do you have any Atomic Swap / Cross Chain Swap providers for me?
You may visit this thread Atomic swap tools and exchanges for Bitcoin (work-in-progress)

I can't say it's safe because there are a lot case smart contract got hacked https://4irelabs.com/articles/top-17-smart-contract-hacks/

You might fully own the token because it's non custodial, you know the seed phrase and can access it at anytime. Now the next question is, are you sure the exchange is open source? anything can happen if it's closed source.
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