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Author Topic: Best way to exchange one coin to another ?  (Read 318 times)
pawanjain (OP)
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July 03, 2025, 02:28:25 PM
 #1

I have been looking for options to exchange one coin to another and so I want you guys' suggestions on which service is the best currently.
I came across instant swaps and would be looking to explore it if there's no other best way to do it.
I am looking to exchange BTC to stable coin and altcoin and vice versa without going through any KYC.
In case you guys have used any swaps which offers lower transaction fees then let me know.

One option I have got is Orangefren which I found out from the below thread
Is it just me or are instant swap services getting worse in 2025?

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July 03, 2025, 05:13:13 PM
 #2

How about some cex market? Mexc has no KYC and been able to use that exchange for trading any coins and tokens without doing any identity proof even memecoin trading is allowed there. Regarding low transaction fee I barely noticed it. But if you are looking for dex then theres uniswap, 1inch, pancake and many more.

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July 03, 2025, 05:28:42 PM
 #3

How about some cex market? Mexc has no KYC and been able to use that exchange for trading any coins and tokens without doing any identity proof even memecoin trading is allowed there. Regarding low transaction fee I barely noticed it. But if you are looking for dex then theres uniswap, 1inch, pancake and many more.
CEX is risky for KYC free deposit and withdrawal if op want to make transaction a smart amount. Because if the amount is large, MEXC may demand KYC. Although I have not received such a report yet, it is better not to take the risk if the amount is large and there is a problem with the KYC for op.

uniswap, 1inch, pancakeswap, Jupiter, SUN, STON.fi These DEXs are good for chains like eth, bsc, base, tron, ton but do you have any dex to swap Bitcoin to make a stable coin? I have never used any DEX for Bitcoin. So in this case CEX is needed. What could be this solution? i am also searching this like op











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July 03, 2025, 05:53:44 PM
 #4

If you are scared of passing kyc why not use forum trade where someone send you the coin needed and you send them BTC in returns to bycut kyc. For me, I don't fully focused on decentralized exchange as it is more of those who deals with altcoin, for long I have never associated myself with altcoin so I it's only BTC to usdt and trade is simple. I do uses centralized exchange where I had already passed kyc and besides I don't store my coin over there and is only when I want to trade I would send some fractions of bitcon to that exchange. So, I will advise you to use forum trade I think there are those who offers this, I do offer but my service are online limited within my locals.

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July 03, 2025, 08:12:07 PM
 #5

For cryptocurrencies that are listed in DEX, I will always recommended trusted DEX like Uniswap, 1inch, PCS and others since they do not require KYC. But you just have to be sure you are using the right contract address and visiting the right website else you will be doomed.

For other coins that are not in Dex, you can use any of the top tier Cex such as Binance, Kucoin and others to trade your coin then withdraw to a private wallet. If you don't want to submit KYC, you can use MEXC but pay attention to the limits for none KYC withdrawals.











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July 03, 2025, 09:28:35 PM
 #6

Yeah, pretty much all the big centralized exchanges want you to verify your identity these days before letting you swap coins.  I get that some folks wanna stay anonymous when trading altcoins or stablecoins for Bitcoin though.  For smaller trades here and there, you can usually dodge KYC if you use decentralised exchanges like Uniswap or PancakeSwap.  Just hook up your wallet and swap tokens direct on the blockchain. 

But truth is, if you are movin some serious money around the best rates and platforms gonna need to see your ID.  Privacy comes with tradeoffs. For bigger trades, Id suck it up and verify so you can use the top exchanges without issues and  for smaller swaps to stay incognito, maybe a DEX works but you gotta know what you are doing and take precautions.  Thers no free lunch in this game.

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July 03, 2025, 11:12:44 PM
 #7

Most of the DEX are non KYC already mentioned above a few of them but if you are looking for more you can check kycnot for the list of non KYC instant exchange and swap.

Unstoppableswap and basicswap seems a good alternative base on KYCnot but their main coin to swap is monero and BTC.

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July 03, 2025, 11:27:05 PM
 #8

One option I have got is Orangefren which I found out from the below thread
Is it just me or are instant swap services getting worse in 2025?
If you have already tried this platform, I think it is the best option currently available, as they are actively engaging with us in the forum and have an announcement thread.  Just test a small transaction to see if it succeeds, then you're good to go.

IMO, for a convenient transaction, I'm not concerned about KYC as long as it's straightforward, so why not?
Most DEXs have excessively high fees or hidden charges, which I don't like.

BTW, I haven't heard anyone suggest Atomic Swap.
From what I've heard, it's safe to swap your coins without intermediaries and without KYC.
Is someone still using this until now?

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July 04, 2025, 02:32:32 AM
 #9

These instances of exchange are somehow scary, like what if your funds are locked and the conversion fails? Especially these centralized platforms.
What I have been trying recently is using DeFi platforms where you can exchange one coin for another, even across different chains.

Or safer is to use exchanges, you can just trade your x coin for y coin or just convert it, most of exchanges have this feature.

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July 04, 2025, 04:22:05 AM
 #10

You want to avoid KYC so definitely decentralized solution is what you need but defi solution has been hit or miss especially if it's bridging native BTC.
From what I heard you can use thorchain and the defi that uses them as their backend for native btc bridging for stablecoin in various blockchains.

Personally i never tried them, so I don't really know, you can do your own research first just in case.

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July 04, 2025, 05:52:43 AM
 #11

With your need of finding and using non KYC exchanges, I recommend you to check this site with a list of possie exchanges.
https://kycnot.me/?categories=exchange

You can find Centralized Exchanges without KYC to use but make sure to know if risk and afford to lose your money stored on any Centralized Exchange. In addition, they can change policies from No KYC to KYC mandatory anytime in future.

Reminder: do not keep your money in online accounts.

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July 04, 2025, 05:57:17 AM
 #12

How about some cex market? Mexc has no KYC and been able to use that exchange for trading any coins and tokens without doing any identity proof even memecoin trading is allowed there. Regarding low transaction fee I barely noticed it. But if you are looking for dex then theres uniswap, 1inch, pancake and many more.
CEX is viable only if we swapping small money, make it high enough and the exchange will freeze the account out of the blue, there are plenty of people having such experience.
Won't recommend it if anybody can't afford to lose the money, even if you do KYC there is no guarantee your money will be unfrozen immediately.

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July 04, 2025, 06:04:32 AM
 #13

For trading your bitcoin to stablecoin or for major altcoins, I am sure that you may make use of our Currency exchange board where you can definitely find a buyer/seller for your needs.

This is the best way for going KYC free. You can choose higher rank people to go without escrow or you can always have escrow for all trades. I agree, it is time consuming, still it is a perfect decentralized method.

Launch a topic today which will not hurt you anyway for giving it a try Smiley.

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July 04, 2025, 01:12:24 PM
 #14

These instances of exchange are somehow scary, like what if your funds are locked and the conversion fails? Especially these centralized platforms.
What I have been trying recently is using DeFi platforms where you can exchange one coin for another, even across different chains.
I think that locking of funds only happens in a centralized exchange, while failed conversions can occur in both CEX and DEX but I think our funds will still be with us. It happens only because there may be an insufficient fee used in the exchanging process. Anyways, the OP is not prioritizing CEX due to the fact that they require a KYC.

Or safer is to use exchanges, you can just trade your x coin for y coin or just convert it, most of exchanges have this feature.
On this part, I think you are referring similar to swaps right? You know, the one that doesn't have a buy or sell order and other settings. But this is also present even inside a centralized exchange. CEX are more popular, so it is easy to tell if who among them is trusted. But instead of "safe", the word "easy" can fit better in your sentence.

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July 04, 2025, 02:07:24 PM
 #15

You can use a decentralised exchange if you want to avoid KYC. I don't use any instant exchange or swap anyway. Some of them ask for KYC as well sometimes, and if it does happen, then you are obliged to provide your KYC. Also, instant swaps or exchanges charge a bit higher, so you will have to struggle to make profits by swapping your coins. As others suggested, you may look for no KYC exchange on some CEX, though they would ask anytime about your KYC. But until you are not forced, you may use them. The better option is to try to trade through Dex if the token is available there.

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July 04, 2025, 02:49:34 PM
 #16

May I know for this site Orangefren taking how many long for swapping bitcoin to stable coins? are process swap instant or process manual waiting around few minutes until an hours? Its important to know before using this site and looking for how cheapest fees swap than usin CEX exchange. I think every one need to know about advantage and disadvantage for that site before using for swap bitcoin to stable coins.

CEX is risky for KYC free deposit and withdrawal if op want to make transaction a smart amount. Because if the amount is large, MEXC may demand KYC. Although I have not received such a report yet, it is better not to take the risk if the amount is large and there is a problem with the KYC for op.
Better using CEX exchange for swapping Bitcoin to to stable coins and take easily moment with lower or cheapest fees than swap at DEX although not require for KYC, using DEX we can't put limit order and only available sell instant with higher fees than swap any coin trough CEX exchange indeed you must verify document early after almost all CEX exchange have require for KYC. I don't use yet any DEX or trusted side for swapping bitcoin to stable altcoin but OP have mention about trusted site you can swap bitcoin to stable coins.

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July 04, 2025, 04:20:37 PM
 #17

How about some cex market? Mexc has no KYC and been able to use that exchange for trading any coins and tokens without doing any identity proof even memecoin trading is allowed there. Regarding low transaction fee I barely noticed it. But if you are looking for dex then theres uniswap, 1inch, pancake and many more.

As of now the MEXC has an issues regarding of freezing an account wether you are a new or even old user seems its all about their risk control which holds their funds due to some instances, also they have a bad review with the trust pilot, before I'm using with the pancake swap but seems right now there's a lot of exchange with DEX and CEX but I do preferably the reputable. And also just solely for converting your asset and make an immediate transfer with your wallet as possible do not hold to those exchange, we have the quote of Not your keys, not your coins.

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July 04, 2025, 04:36:44 PM
 #18

CEX is risky for KYC free deposit and withdrawal if op want to make transaction a smart amount. Because if the amount is large, MEXC may demand KYC. Although I have not received such a report yet, it is better not to take the risk if the amount is large and there is a problem with the KYC for op.
CEX might be the best option for OP because you will have fair transaction, only little fee will be paid and there are some chains that still offer free transactions.
MEXC do allow trading without KYC to some certain amount, I think if it is a matter of just converting some certain coin to stable coin, then the OP can use MEXC and then send the stable coin out to personal wallet after the transaction if it will be sent in batches because I think charges will be much while using normal platforms that allow you to swap.

This still depends on where you have the coin you are about to swap, you will make your decision based on what will favor you with less fee.

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uniswap, 1inch, pancakeswap, Jupiter, SUN, STON.fi These DEXs are good for chains like eth, bsc, base, tron, ton but do you have any dex to swap Bitcoin to make a stable coin? I have never used any DEX for Bitcoin. So in this case CEX is needed. What could be this solution? i am also searching this like op
Exactly, the OP can still use any of these DEXs to swap to stable coin if he have the coin in any of his/her wallet that support any of these chains, but there will be fee involved in the transaction both for sending in and out and to initiate the swap.
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July 04, 2025, 10:01:04 PM
 #19

May I know for this site Orangefren taking how many long for swapping bitcoin to stable coins? are process swap instant or process manual waiting around few minutes until an hours? Its important to know before using this site and looking for how cheapest fees swap than usin CEX exchange. I think every one need to know about advantage and disadvantage for that site before using for swap bitcoin to stable coins.

Actually, orangefren is just an exchange aggregator—with added benefit— so they don't facilitate the exchange themself, but I believe most if not all exchanges listed should be instant under normal circumstances. It's best to actually check with your chosen exchange, though.

Since they just list exchanges, folks still need to look into the actual platform's reputation + service/s offered if it's up to them. I think the biggest selling point of orangefren for me is their OF guarantee for some exchanges in combination with never-kyc. OF guarantee tagged exchanges has a certain amount of funds sitting in OrangeFren's end which will be used in case things go south for OrangeFren users.

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July 04, 2025, 10:08:02 PM
 #20

How about some cex market? Mexc has no KYC and been able to use that exchange for trading any coins and tokens without doing any identity proof even memecoin trading is allowed there. ..

It is possible that the rules have recently been changed on MEXC, as I recently registered an account on this exchange and could not start trading until KYC was completed. This also happens on other exchanges that previously did not require verification.

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