Topic: Any exchanges with no ID requirement if no fiat involved? (Read 863 times)
Based on several submissions it just obvious one cannot have everything those that don't want KYCs its either you can't convert to fiat or you have to pay fixed amount as fees. While the ones that KYCs is compulsory, you get more services in terms of reduced fees and the amount of units you can trade with. I guess one just have to live with the amount of information about yourself you are willing to share.
Are there any exchanges that don't require photo ID, or other personal info, if no fiat currency is involved?
Only crypto in and out.
Only crypto in and out.
Try coinomi.com. AFAIK it doesn't require an ID to trade cryptocurrency pairs. Yobit also doesn't seem to require an ID. I have traded and was able to withdraw without giving any personal details.
I heard that Bittrex started to ask people to verify but I still have an account there which I can use in full and they haven't asked me for ID at all. Maybe it's only for new users.
For reference https://bitcointalk.org/index.php?action=trust;u=406594
I tried to exchange my Bitcoin Cash into BTC a while back using Bitfinex and they didn't ask for verification, so I think OP can try that.
Bittrex on the other hand requires verification in order to withdraw, without it you won't be able to withdraw at all, so definitely not a go for OP.
Are there any exchanges that don't require photo ID, or other personal info, if no fiat currency is involved?
Only crypto in and out.
Only crypto in and out.
Heaps of them. I'd say basically any except for bittrex or poloniex but obviously rules will differ from one exchange to another, and also you should consider the fact that how much you trade has got a lot to do with whether or not you're going to pick a particular exchange as well.
Though, these exchanges who do not need an ID generally are from unknown origins, meaning that storing large amounts of funds is discouraged.
Are there any exchanges that don't require photo ID, or other personal info, if no fiat currency is involved?
Only crypto in and out.
Only crypto in and out.
Try coinomi.com. AFAIK it doesn't require an ID to trade cryptocurrency pairs. Yobit also doesn't seem to require an ID. I have traded and was able to withdraw without giving any personal details.
I heard that Bittrex started to ask people to verify but I still have an account there which I can use in full and they haven't asked me for ID at all. Maybe it's only for new users.
Coinomi is a wallet, not an exchange. They use changelly for in-app exchanges.
Are there any exchanges that don't require photo ID, or other personal info, if no fiat currency is involved?
Only crypto in and out.
Only crypto in and out.
Try coinomi.com. AFAIK it doesn't require an ID to trade cryptocurrency pairs. Yobit also doesn't seem to require an ID. I have traded and was able to withdraw without giving any personal details.
I heard that Bittrex started to ask people to verify but I still have an account there which I can use in full and they haven't asked me for ID at all. Maybe it's only for new users.
This is based on my experience as I'm not trading with fiat with this certain exchange. The said exchange from my previous sentece is Cryptopia. I've been trading with them using BTC and other alts for a year now and they haven't requested any ID from me. My trading experience with them is good with little to no problem. They also have quite a lot of coins to trade into providing you better choices to make money. You can check them out using this link. Again, they require no ID verification if you're just gonna trade with BTC or any other cryptocurrency.
what do you mean if you transfer out more than 3500 usd? You mean they ask for verification? When you say 3500 usd... u mean doing that in a single amount? If so, couldn't you just do 2k each if you want to go over that?
It's a limit of $3500. As in that's the maximum you can transfer out until you need to upload identification it's actually against the law for them to allow you to continue to use their service without identification for fraud reasons. They allow you to transfer a certain amount because it's not considered a business at that point.
What law? Is this based on New Zealand law (where they are located), or what? Lots of services allow users to deposit/withdraw cryptocurrency without limits because their legal interpretation is that cryptocurrency =/= money (subject to KYC/AML).
BitMEX, for example, has no KYC/AML for that reason, but they prohibited US customers because of how the US government interprets its AML/KYC and money transmission regulations.
what do you mean if you transfer out more than 3500 usd? You mean they ask for verification? When you say 3500 usd... u mean doing that in a single amount? If so, couldn't you just do 2k each if you want to go over that?
It's a limit of $3500. As in that's the maximum you can transfer out until you need to upload identification it's actually against the law for them to allow you to continue to use their service without identification for fraud reasons. They allow you to transfer a certain amount because it's not considered a business at that point.
Cryptopia, as someone mentioned, doesn't have ID requirement ...but...as long you don't need to transfer out more than $5000 NSD (~$3500 USD) worth of crypto. But you can then become verified to increase this limit. There is no fiat involved in the site.
There are some complaints recently about Shapeshift so be careful using it.
There are some complaints recently about Shapeshift so be careful using it.
that's definitely lower than i thought---it's roughly in line with bittrex's limits. i didn't realize that cryptopia verified people at all beyond the signup information. i thought it was like yobit.
i haven't seen any major complaints about shapeshift besides the typical complaints about BTC network fees. i definitely prefer shapeshift to changelly. there are lots of complaints about changelly having stuck transactions and lengthy refund timelines.
what do you mean if you transfer out more than 3500 usd? You mean they ask for verification? When you say 3500 usd... u mean doing that in a single amount? If so, couldn't you just do 2k each if you want to go over that?
the limit is per 24 hours (daily withdrawal limit). that limits you to ~ 0.3 BTC per day, so i wouldn't keep much more than a couple BTC in your account if you aren't planning to verify.
what do you mean if you transfer out more than 3500 usd? You mean they ask for verification? When you say 3500 usd... u mean doing that in a single amount? If so, couldn't you just do 2k each if you want to go over that?
Believed me they are more prone to fraud because it was anonymous.
Yeah. The idea was just for small amounts. For larger ones I guess it's best to choose the more well-established ones.
Cryptopia, as someone mentioned, doesn't have ID requirement ...but...as long you don't need to transfer out more than $5000 NSD (~$3500 USD) worth of crypto. But you can then become verified to increase this limit. There is no fiat involved in the site.
There are some complaints recently about Shapeshift so be careful using it.
There are some complaints recently about Shapeshift so be careful using it.
Can you tell me what coins myetherwallet supports? I have an account there but i saw there is only ETH.
ERC20 tokens or in other words Ethereum Based tokens.
That's why in the first place it was called myETHERwallet.
Are there any exchanges that don't require photo ID, or other personal info, if no fiat currency is involved?
Only crypto in and out.
Only crypto in and out.
Don't trust decentralized exchange especially if you are dealing with bitcoin.
Believed me they are more prone to fraud because it was anonymous. Id rather face the fees of a legit exchange rather than using a bitcoin decentralized exchange. While bitcoin price is increasing don't expect too much anonymity when dealing on exchange.
Can you tell me what coins myetherwallet supports? I have an account there but i saw there is only ETH.
MyEtherWallet supports everything that Ethereum network supports. On your MEW address you can hold Ether coins (ETH) and all ERC-20 tokens (like EOS, OMG, PPT, QASH and many others). You don't have an 'account' there. MyEtherWallet is a client side wallet for ETH and ERC20 tokens so not really an online wallet. It's just an interface between the blockchain and your computer.
Can you tell me what coins myetherwallet supports? I have an account there but i saw there is only ETH.
Do you see the button that says "Load tokens"? Click it and you should see a long list of tokens added by MEW. If a token isn't listed, you can "Add Custom Token" by inputting the contract address, symbol and decimals of the token. This works for any ERC-20 token. Any of the ICO tokens listed on Shapeshift, like SALT or Civic Token or Basic Attention Token, are compatible with MEW. Any time I buy tokens for speculation, that's where I store them.
If you want to trade fiat without ID, use Localbitcoins.
Depending where you live, this may not be possible anymore. I'm in the US, and the high volume traders on Localbitcoins seems to require ID now. It's definitely easier to use an exchange that doesn't require KYC.
Are there any exchanges that don't require photo ID, or other personal info, if no fiat currency is involved?
Only crypto in and out.
Only crypto in and out.
Pretty sure that bitfinex doesn't require any, nor does poloniex. Of course pretty much every smaller exchange, such as liqui, yobit, and a whole lot of others don't require any ID as well. But you probably don't want to risk your money on these exchanges.
Quickest though is probably shapeshift, and i haven't seen anyone been asked for an ID even with thousands of dollars involved.
If you want to trade fiat without ID, use Localbitcoins.
Are there any exchanges that don't require photo ID, or other personal info, if no fiat currency is involved?
Only crypto in and out.
I have been using cryptopia for some time now, and I think it's way better than some of these popular exchange. You don't require any ID verification and easy interface.Only crypto in and out.
I read some ppl said that cryptopia has huge withdraw fees or something like that?
I don't know what you have heard but cryptopia doesn't have any high withdraw fees. I think it has 0.001 BTC fees, that's pretty normal. I do know a few of them such as Yobit, Hitbtc, Cryptopia, Livecoin, Coinsmarket etc... Most of these exchanges doesn't require an ID verification to exchange cryptos. I had been using Yobit the most in these and it has been really great. Although Yobit is a shit site since it lists scam coins which are worth nothing, it doesn't require any ID verification and doesn't have any limits or restrictions. Transfer crypto to it, withdraw it etc.. and the charges are also lesser than other exchanges.
Can you tell me the pros/cons of these exchanges? I read some ppl said that cryptopia has huge withdraw fees or something like that?
Im confused. So you could buy altcoins with btc with no id verification on binance and hitbtc? Can others confirm here?
On Binance, unverified users can trade bitcoins/altcoins and are allowed to withdraw 2 BTC (or equivalent) per day. If you need higher limits, ID/passport is required. Not sure about HitBTC but I've definitely heard that people trade there with no verification.
If you are willing to have the wallets of whichever cryptocurrencies you want to trade on your own computer, you can't go wrong with Shapeshift or Changelly. I have used both of these without a problem.
I'm a big fan of this method of trading (wallet > Shapeshift/Changelly > wallet). In a pinch for short-term trading, multi-coin wallets like Exodus and Jaxx are an option, although they aren't ideal for security. MEW can also be used for all the ERC-20 tokens.
The only issue with them is that not only do they not act as a wallet at all, but they also may have significant fees depending on which cryptocurrency you are trying to exchange since all of the trades have to be done in their corresponding blockchains.
The fees they charge generally reflect the commission + spread on exchanges. The only asset with somewhat high network fees is BTC (not great for small transactions). To Erik Voorhees' credit, Shapeshift did switch to Segwit recently, which has somewhat mitigated that.
Can you tell me what coins myetherwallet supports? I have an account there but i saw there is only ETH.
If you are willing to have the wallets of whichever cryptocurrencies you want to trade on your own computer, you can't go wrong with Shapeshift or Changelly. I have used both of these without a problem. The only issue with them is that not only do they not act as a wallet at all, but they also may have significant fees depending on which cryptocurrency you are trying to exchange since all of the trades have to be done in their corresponding blockchains. This means that if you are having to do trades often, it may not be the way to go.
There are many coins that you cant get on shapeshift or changelly. If thats the case, that means you have to get it on an exchange right?
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