Buying large amounts of bitcoins/crypto without KYC

[Zoomic]

I'm not sure how good the liquidity is there, but it's way too complex for normies so set up properly. (Even with Easy)

Bisq liquidity is not high but you may have to stay weeks before achieving your $10k plus purchase cause you will not be able to make the purchase once.

Was about to also suggest Bisq when I saw your response. But apart from Bisq, he can as well look into Hodl Hodl and RoboSats. Just like Bisq, they also use P2P model instead of the regular centralized exchange setup. Just like you said, the main issue here is getting a $10k plus purchase at once. That's above their liquidity and trade limits so he'll have ro improvise by performing multiple times which will also take longer period.

[NotATether]

Was about to also suggest Bisq when I saw your response. But apart from Bisq, he can as well look into Hodl Hodl and RoboSats. Just like Bisq, they also use P2P model instead of the regular centralized exchange setup. Just like you said, the main issue here is getting a $10k plus purchase at once. That's above their liquidity and trade limits so he'll have ro improvise by performing multiple times which will also take longer period.

Just to clarify, this is not for me specifically buying coins. I'm compiling this information for other people.

[Dr.Bitcoin_Strange]

I think you should check Robosats, it's a p2p exchange and there's no requirement for KYC but if you make payment using bank or any traditional payment platform, the person you are trading with gets to see your some of your personal information like your name, but an alternative to that is to use Amazon gift card to make payment.

Then you can also check out Peach Bitcoin, I read that they also have 100+ payment options which allows you not to make payment or receive payment with only traditional method. Although, I learned that the daily limit for Peach Bitcoin is 1k CHF while Robosats doesn't have a limit.

You can take note about this.

users should exercise extreme caution: Peach recently updated its trading rules due to an ongoing regulatory review. Temporarily, Peach has completely removed its own control from the escrow system, giving the selling party full control over the escrowed Bitcoin—a structure that vastly increases the potential risk of counterparty fraud if dealing with untrustworthy accounts.

[DaveF]

I use localcoinswap.com

It depends on what you define as minimal KYC.

Is a phone # & email address KYC to you? I can get a cell phone & number with minimal service for a year for $50+ tax (US based) so to me that is not KYC.
Also, depends on what methods you want to use to pay and where you are in the world.

So the question is a bit vague since what I can do where I am may not be a service that would work where you are.

Also, I am not saying me as in me or you as in you but in the general versions of 2 people trading. Laws and tons of other things vary so much by location that you can list services but then people still have to figure out if that service works for them where they are.

-Dave

[SeriouslyGiveaway]

I don't really see how that can work: if the user deposits $10K from his own bank account, the CEX knows who he is. But if the user uses a phished bank account, the CEX won't know that until it's too late. So it would be really dumb to accept this as a CEX.

I'm curious to see if there are still possibilities to do this though.

If trades have to go through banks with bank transfers, the trade partner, the platform with chat log knows your bank account details like you said.

Other threads come from banks and governments, they can have your bank transfer details and find something suspicious from your bank transfer history. It's very dangerous in an era of AI, with powerful machines that can make task filling more easily for government staffs. They no longer have to filter it by themselves and AI boosts everything for them from work capacity to work rate.

No KYC exchange practice will only make sense if people go fully crypto and don't interact with banks.

[Obim34]

I'm trying to compile a list.

Are you also considering regions?

Pursa Instant, buy with bank, not Yellow Card. Anybody seeing this, it is not a recommendation as I never use them.

Eventually, you find one that works, the rates are actually poor.

[BlackHatCoiner]

Your best course is probably Bisq. I think it can easily handle $10k/month. There are countless times I've seen offers up to 2000 EUR. (I think they don't want to pass 3000-5000, because then it feels more stressful, so they break it into chunks of 2000.)

I don't think other platforms like HodlHodl, Peach and Robosats have as much liquidity as Bisq.

[Lontor]

Where would one do this legally? As in, what platforms are you guys using for buying $10K+ worth?

I'm trying to compile a list.

Please note that the service must not KYC, or has very little and/or rare KYC.

I believe it is possible not purchase or swap USDT for Bitcoin in Unstoppable wallet, no KYC required, unstoppable wallet users should verify this if anyone has done it before.



I've not exchange that much amount before though, but it's very possible using USDT inside the wallet itself.

[letteredhub]

Both Bisq and Hodl Hodl platforms has being recommended to you but I don't think bisq do allow for a new account to make such size of  $10k worth of bitcoin buy, immediately. There's a limit allowed depending on how long from when the account was registered that's how the amount keeps increasing as times goes
But hodl hodl, perhaps that's where you might get close to the $10k worth of bitcoin at one time purchase. Perhaps with how constant policies can change, you'll want to do your own research on them if it fits what you're looking for.

[Nrcewker]

Where would one do this legally? As in, what platforms are you guys using for buying $10K+ worth?

Previously I was using Noones but since it shut down its operations, I was looking for an alternative. Someone here on the forum suggested https://www.bitvalve.com/. I registered there and have completed multiple trades. For me it is working fine for both buying and selling Bitcoin.

Please note that the service must not KYC, or has very little and/or rare KYC.

I dont know how much "little" is little for you but see the screenshot below for reference. You can easily buy/sell up to 1000$ with just email verification. So if you completely want to skip KYC, you could just use 10 emails instead (though I am not suggesting you do this, rather I would recommend completing Advanced KYC, maybe they dont allow multi accounts).

[ryzaadit]

You can check out Hodl Hodl

Yes HodlHodl is a very good option

Hodl Hodl platforms has being recommended to you

he can as well look into Hodl Hodl and RoboSats.

Unfortunately, Hodl Hodl just made a change to their platform policy. They're starting to score your Bitcoin transaction, once flagged you will be requested for the KYC/AML process. Even though they're claiming NOT a KYC/AML process. But seeing the case from the user, they're indeed make a request for KYC/AML process.

The update they made: https://x.com/hodlhodl/status/2100927214355152941


This is the issue from the user being requested for KYC/AML process for Hodl Hodl.

Source: https://x.com/HodlBits/status/2100567702997705193/photo/1

Since OP is asking for a service without KYC. I don't think Hodl Hodl is the one needed to be recommend even though having a good liquidity.

[Ambatman]

Now that I think about it
I'm not sure there's any country whose bank doesn't have a limit
Or require more information when making such an amount worth of transaction especially outside.
I'm assuming it would be via fiat and even if the info wasn't shared the bank still has record of the transaction
And I'm assuming they should already have your KYC data.

The truth is even if there are service that can
I believe liquidity would be an issue.

[ColdLava40]

Unfortunately, Hodl Hodl just made a change to their platform policy. They're starting to score your Bitcoin transaction, once flagged you will be requested for the KYC/AML process. Even though they're claiming NOT a KYC/AML process. But seeing the case from the user, they're indeed make a request for KYC/AML process.

I can recall some exchanges doing the same thing recently.

I received an email from my exchange about a restricted list. It said that sending or receiving coins from services on that list could get the transaction flagged, and the coins may have to go through a review or could even be permanently seized.

Maybe this is something many exchanges are being forced to implement by regulatory bodies?

For what OP is looking for, there are many exchanges without KYC, but liquidity could be a problem. Some of these exchanges have very low liquidity pools.