Topic: ㅤ - page 3. (Read 1935 times)

That's just for basic verification. I noticed it with some other less strict exchanges as well, that allow you to enter random stuff. The problem is, the information you fill in can't be edited in most cases. So one day in the future, they shock you by asking you to update your KYC documents when you are in the middle of a withdrawal and that's when things get quite messy.

It looks like filling in personal info is now required. Because it was showing me ~3.6 BTC yesterday (100K USD). Now I logged in, to check the withdrawal page and take you a screenshot... and it's forcing me to pass level 1 account verification (country, full and ID number) to increase my limits to 500k USD (which is ~17.6BTC with the current rate) and to let me withdraw my funds:

FOR OKX:

- Withdrawal limits: 10BTC -> about ~100K USD.
- Withdrawal fees: they're the same for LN, but higher for on-chain. 0.0002BTC -> 0.00036BTC. I'm not sure if they've only increased them due to the current state of the mempool[1] or if it's going to stay this way so it's probably better to wait a few days to see before you update the topic.

[1] https://mempool.space/

I registered on bybit a year or six months ago, there were requirements for KYC only for p2p, and since there was no p2p on Binance, or I didn't know. Obviously I passed verification. The requirements are the same and remained - checked. I consider Bybit one of the best exchanges.

In one of the articles, I found the PrimeXBT platform as the best anonymous exchange platform without KYC requirements. Frankly, I do not see it as popular in the market as the rest of the other exchange platforms in your list @Ratimov. I tried to create an account and could use this platform without KYC, but there are limits. Still, after I checked the FAQ of this exchange, it turns out that the PrimeXBT platform has the right at any time to conduct a verification of the customer's identity or the source of funds to ensure that the user does not violate the requirements of anti-money laundering. Who has tried this platform? Please give your opinions about it. Is it trustworthy?

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Source: [1] https://www.guru99.com/best-cryptocurrency-exchange-low-fees.html

After some messages from various users and events around FTX, some exchanges have dramatically changed their KYC policy, so I decided to inform users who see this topic what awaits them now when registering on certain exchanges.

This list was checked by me personally, yesterday I registered on all exchanges and got the following results. Below is a list of exchanges where you can register an account, generate cryptocurrency deposit addresses, deposit to these addresses, trade and withdraw these funds freely without providing any personal data:

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Now for the rest of the exchanges:

FTX - This is a scam, the exchange went bankrupt.

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ByBit no longer allows new users to use the exchange without going through full KYC. When registering a new account, you are greeted with the following warning when you try to make a deposit:



Over the past 3 days, I tried to create 2 accounts from different browsers, devices and IPs, and also asked 5 of my friends from different cities to register. The result was the same, it is impossible to make a deposit without going through KYC with sending a scan of the passport and a selfie. Support continues to respond with general phrases that KYC is not required on the platform, although in fact this is far from the case. The reason why I still do not exclude this exchange from this topic is that yesterday I was informed that it is still possible to register a new account without KYC, but using a VPN. Apparently the exchange has now decided to do selective KYC for different regions, but there is no official explanation from the exchange itself.

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The exchange followed the same path as Bybit and now requires personal data before making a deposit. First name, last name, and document number (passport or driver's license). You can write random data and the exchanges will accept them immediately, after that you can fully use the exchange. But here it turns out the same effect as starting to use the exchange from a purchased account, that is, before the first check. As soon as the exchange considers that you will need to confirm your data that you entered randomly, this will mean the death of your account and your funds.

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You will be allowed to make a deposit without KYC and even allowed to withdraw funds without KYC, but as soon as you start to show trading activity, KYC will be asked. In general, the exchange may be suitable for deposit-withdrawal operations, or exchange, but as a full-fledged trading, you can no longer do without KYC.

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I also found another exchange where KYC is not required, Phemex exchange:

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The essence is exactly the same as OKX, you need to enter the same random personal data, then access to deposits will open.

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In general, the situation with KYC on centralized exchanges continues to deteriorate and I think the trend will continue in the future.

Has anyone tried to create an account with Bybit recently? to confirm whether they are still asking users to verify their identity based on their region as mentioned above?

I managed to both create and withdraw funds from my account last month without a problem. I also checked their KYC policy, and it doesn't look like the location of the user matters: https://www.bybit.com/en-US/help-center/bybitHC_Article?language=en_US&id=000001025

Also to update the list: the limits are now 20K (per day) or 100k USD (per month) and not 2BTC.

My criteria is based only on long personal experience, not other people's opinions from the Internet, and this is the most important thing. In general, in 5 years of dealing with centralized spot and derivatives exchanges, I have never encountered a scam or any problems associated with a long account blocking, long correspondence with technical support and other concerns when it comes to centralized exchanges.

Someone may say that I was just lucky, it is their right to think so. But if, when interacting with exchanges, you always use clean ip, clean addresses, clean cryptocurrency, do not log into your accounts from public places, vpn, proxy, etc, then there will never be any problems. The only thing to fear is the hacking of the exchange. No one is immune from this, even in the DEX there are leaks through phishing or smart contracts.

A good list, thank you for this great effort in searching and reviewing these platforms and making this most wonderful list, in your list, I am very preferred to use Kucoin, Huobi Global, and Mexc platforms, they explicitly have great advantages & features and good fees and they are among the best trustworthy platforms in the crypto square that a person can trade and withdraw his funds without passing the KYC, I hope that every beginner sees your list and puts it as a reference and a bookmark and deals with these platforms attached to the topic and not others Because of the spread of many other scam exchange platforms. As for me, I do not rely on keeping funds on the central exchange platforms, only I use the best of these exchanges at the time of trading only, and this is a security option for me.

Agree with what you said friend, because of my experience before last year I had an account with binance, it has 2FA, and I am also fully verified on their platform. The time came when I opened my account in binance, I couldn't enter because when I entered the 2FA code it was always invalid, and I chatted with their support and that's exactly what happened.

     Then, I was given instructions and I followed them, but in the instruction that was given, I needed a 2FA code, it's always invalid, so I said maybe I can unbind my 2FA and I was told that it's not possible, now I showed my transactions in binance like deposit and withdrawal and that's uid number, as well as my full name and mobile number, then they gave it to me and what they did was pass me KYC again and then my 2FA was unbinding and I changed it to Authy not google authenticator anymore.

It just means that the centralized exchanges can freeze the account, they can also unbind our 2FA.

Is there an exchange on binance cloud that also offers derivates? Mandala exchange only offer spot trades.

dkbit98, if we take as a basis the statement Exchange with fake volumes = crap, then we can safely attribute almost all known exchanges to the CRAP category. I have already published a separate topic on this theme: Fake trading volumes still thrive among exchanges

This is abused by almost all well-known exchanges, it is part of their business, and not developed regulation in the field of cryptocurrencies. Some abuse less, some more. But this does not mean that the exchange is a crap, it is quite possible to use it. For me, an exchange is garbage if it constantly blocks withdrawals or lists solid illiquid garbage in the listing. But you seem to have different criteria.

Regarding Bitfinex, got this one on Saturday.

https://imgur.com/a/Ggje8LN

On FTX, you can enter random data and use a virtual phone number. But with such a registration, I would not start depositing large amounts on the exchange, as the exchange warns that with such a level of KYC, they can request additional data at any time. I tried to make some small bitcoin and altcoin deposits. The exchange has the best conditions for withdrawing funds. You won’t find cheaper when it comes to large and well-known exchanges:


I have been using this exchange regularly for 2 years and constantly exchanging various tokens, I have not noticed any scams or garage methods of doing business. The exchange is top-notch and easy to use. It reminds me of my story about interaction with BitMex. For 3 years I interacted with the exchange for tens of thousands of dollars, and all these 3 years I was told horror stories about the imminent scam of this exchange and that the exchange is deceiving everyone. Now it's the turn to listen to horror stories and fairy tales about MEXC.

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SFR10, thanks, corrected. The fact is that this inscription is not displayed when the Russian language is set in the settings, so I did not see this limit:

@Ratimov You may consider adding tradeogre.com & altquick.com to this list.

Please DYOR before adding.

This thread is only for the well knowns so it's likely that they won't be included. Instant exchanges like changelly and changenow also has a different thread, see: https://bitcointalksearch.org/topic/list-instant-exchanges-5218464.


Not so much... you may check their profile and judge for yourself: https://bitcointalksearch.org/user/changelly-823207

Thanks for the list.

For someone not interested in trading but rather in exchanging FIAT - BTC - FIAT
there are a few options which could be beneficial like CoinEx with the cheapest transaction
fees and Huobi.

With the exception of Bitfinex and Poloniex there are others which are not that well known.

This article > https://medium.com/coinmonks/no-kyc-crypto-exchanges-buy-crypto-without-kyc-3b2eda2b5397
lists a few more, does anyone have any experience with:

Bityard
Bingx
Changenow
Waves.Exchange

As regards Changelly, I have heard of them before, how reputable are they?

I would say that all centralized exchanges fake their volume, including the most popular ones, its just the matter of what percentage of their volume is fake. In MEXC case I think its very high, much higher than of for example Binance, FTX, Coinbase etc.


It is a high indeed (AFAIK withdrawal limit is even higher than that, according to this and for that you have to go through KYC), but Binance has even higher, that goes up to insanely high 8 million USD for users that did standard KYC.


That's the thing, everyone has a different criteria; for some all centralized exchanges are crap, while some don't have issues using all kinds of dodgy exchanges. But since you are the one who is creating this list, its up to your criteria of course.

For OKX, you can also withdraw using the lightning network. The minimum amount you can withdraw is 0.000001 BTC (100 satoshis) and the fee is 10 satoshis.

Honestly I never registered on MEXC and I never used it, so I can't say how good or bad they are, but their volume is probably all fake.
I am not saying this exchange is not working right now, but isn't 20 BTC withdrawal limit for MEXC looks suspicious, when all other exchanges are reducing their limits or totally removing them like Binance.
I don't know many other reliable exchanges that ever had such a big withdrawal limit per day, but anyway I just registered to test how it is working.
Interface is like a mix of Binance and Kucoin, pages are opening fast so I don't have any complains so far.