Are “No-KYC” Exchanges Slowly Disappearing?

[Maxxx07]

I’ve been trading crypto for around 5 years and used many exchanges including Binance, Bitget, BingX, Bitunix, Fybit and others.

Recently I had an interesting situation with Bitunix.

Even though the platform allows trading without mandatory KYC, I suddenly received a request for full verification and my funds were temporarily frozen until the process was completed.

I understand exchanges are under increasing regulatory pressure, but this creates a serious trust problem for users.

If “optional KYC” can become mandatory at any moment, then technically no exchange is truly no-KYC anymore.

So far Fybit has been more stable for me regarding unexpected verification requests and withdrawal restrictions.

What do you think?

Have you experienced sudden KYC requests recently?
Which exchanges still respect their original no-KYC conditions?
Do you think this trend will continue in 2026?

[coinlary]

Put it as "Centralised exchange " not Exchanges at large.
You can't  really  trust a Centralized service to be KYC frre , just one day  - ONE day they gonna burst your ass and let you suffer over that money.

They usually have it in their  TOS BTW ,  for example: in quote "We have the right to restrict  your  transaction and request further KYC if needed ". So you  don't  have to be surprised when they suddenly  restrict your  access, requesting  for your full KYC details .

Answers to your questions:
Qst1: Nope
Qst2: Centralized? No.
Qst3: What trend ?  CEX have always been known to freeze accounts,  "optional KYC " doesn't mean they can't and won't request it.

[BitMaxz]

  Fybit?
Are you 100% sure? Or are you talking about Bybit, not Flybit? Because if it is Flybit, you will end up using a scam exchange. I had never heard of this exchange before, and this is my first time hearing about this non-kyc exchange.

Since you are a newbie, I believe you are attempting to lure traders into a fake and scam exchange.

[rat03gopoh]

CEXs will eventually implement mandatory KYC, depending on:
- License base
- Business scale

If they don't currently enforce KYC for all users, they're playing in a gray area. They'll typically require it selectively, especially if users start funding their accounts with large sums (including the exchange you're promoting). To prove this, simply measure their level of transparency, from verifying their licenses to verifying the founders.

[logfiles]

Fybit?
Are you 100% sure? Or are you talking about Bybit, not Flybit? Because if it is Flybit, you will end up using a scam exchange. I had never heard of this exchange before, and this is my first time hearing about this non-kyc exchange.

Since you are a newbie, I believe you are attempting to lure traders into a fake and scam exchange.

From history, we can conclude that he is the PR of Fybit. This is not the first time OP talks about that exchange as he attempted the same thing a four years back (https://bitcointalk.org/index.php?topic=5381777)


I don't know why they just don't create an announcement and advertise their service like other services do instead of using shady ways. Something certainly feels off.

[FinneysTrueVision]

You got me to visit this thread with your clickbait title but now I see that you are trying to shill some shady exchange. I could not find Fybit on CoinMarketCap or Coingecko and these sites list every shit exchange imaginable, that’s a major red flag. The WHOIS information shows that Fybit’s domain is about to expire, so maybe your account woke up so you could lure some depositors before rugging and disappearing?

[Cointikka]

^ Same here, I also thought after reading the title that this topic is interesting. I read the full topic details and was planning to reply to the issue the OP has faced. Then I saw the comments below and realized it would be a waste to reply to this thread on the topic, whereas the OP's objective was to promote a particular exchange.

[GreatArkansas]

(....)
Have you experienced sudden KYC requests recently?
Which exchanges still respect their original no-KYC conditions?
Do you think this trend will continue in 2026?

Same feeling here, I started to feel this now, even in our country, most of them, or I think all of them, already require you to undergo KYC.
Lately, I realized that soon, this thing will become normal, like we will embrace that kind of exchange with everyone, but if that's the case, and everything will be regulated and not too tight for everyone, and will make fewer scams in our market, I will appreciate it.

[jossiel]

Have you experienced sudden KYC requests recently?
Which exchanges still respect their original no-KYC conditions?
Do you think this trend will continue in 2026?

- Nope.

- None, all of them are going to change that policy about being a no-kyc exchange due to regulations and they can't escape that.

- It's not a trend but it will be a permanent thing that everyone has to accept that if there will be no-kyc exchanges, they're likely the dexes.