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Topic: Any good KYCless exchange ? - page 2. (Read 839 times)

sr. member
Activity: 365
Merit: 250
April 16, 2020, 09:47:41 PM
I think the only exchange that doesn't requires kyc at all is hotbit. Although majority of  exchanges are kyc based but it's not always compulsory, they will allow you to use all the features of the exchange but limit your overall withdrawals to few btc
But this exchange has no liquidity and a lot of shitcoin makes me feel not interested in participating. I have known this exchange for a long time in the past but until now everything is the same and there are not many big changes here. I think if you want to search for exchanges that do not require KYC users, you can choose Bitmax, Binance and Kucoin because these are 3 exchanges that do not require KYC users.
full member
Activity: 2408
Merit: 202
★Bitvest.io★ Play Plinko or Invest!
April 16, 2020, 10:24:12 AM
I think the only exchange that doesn't requires kyc at all is hotbit. Although majority of  exchanges are kyc based but it's not always compulsory, they will allow you to use all the features of the exchange but limit your overall withdrawals to few btc
Also most of the time it's not a problem for people anyway like binance that allows several btc. unless people are trading in huge chunk amount of BTC they will face no problem withdrawing and using these top exchange that are guaranteed to be reliable is better than relying on some kycless exchange but shady. also once the withdrawal limit reached people could just wait it to be reset.
and that is beyond OP's concern because he already said that he only trade smaller amount so binance is exactly the place for Him to use without any needs of KYC ,but the problem if time comes that He Hit a Jackpot and the currency he Bets on make a x100 value so there will be a requiring of KYC before withdrawals right?but thats far from now (or maybe soon no one knows)
hero member
Activity: 2898
Merit: 639
April 16, 2020, 09:49:09 AM
Everyone basically agrees on Binance, if you are doing under 2 bitcoins per day and that is withdrawal by the way so you can do as much as 100 bitcoin withdrawal without KYC just distribute it to 50 days, there is no reason to look for an KYCless exchange. Why would you risk and go to a place that is not really trustworthy (at least not as much as binance) just because they have zero KYC?

I mean think about it why do exchanges ask for KYC? Because governments wants them to ask for it in case there is a money launderer or basically follow what the citizens are doing, maybe KYC is a bad thing and maybe governments shouldn't ask for it, but there is nothing exchanges can do, if they are asked by governments they have to follow the law. If an exchange is KYCless, that means they don't care about government, which means if they steal your money, they are not afraid of being sued neither.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
April 16, 2020, 08:59:37 AM
I think the only exchange that doesn't requires kyc at all is hotbit. Although majority of  exchanges are kyc based but it's not always compulsory, they will allow you to use all the features of the exchange but limit your overall withdrawals to few btc
Also most of the time it's not a problem for people anyway like binance that allows several btc. unless people are trading in huge chunk amount of BTC they will face no problem withdrawing and using these top exchange that are guaranteed to be reliable is better than relying on some kycless exchange but shady. also once the withdrawal limit reached people could just wait it to be reset.
sr. member
Activity: 560
Merit: 250
April 16, 2020, 12:19:19 AM
What's good these days ?  My old exchange quadriga went bust and I'm looking for a trusted exchange that's simple and doesn't require registration or personal info. just email at most.  I only have small amounts and only want to convert and not neccessarily withdraw.
So then I can recommend you 2 exchanges that I am using, it is quite great for large trading without doing KYC. Bithumb and Binance are 2 exchanges that I am quite impressed with using. The interface is nice, has a high level of security and has a very good team base to trust. For Binance, they only list good coins and that will be an advantage for us to avoid being bought shitcoins. No KYC required, but you can withdraw 2 BTC per day.
As for Bithumb, you can withdraw up to 5 BTC per day without KYC. Those are the strengths that I quite like in Bithumb.
full member
Activity: 616
Merit: 108
io.ezystayz.com
April 15, 2020, 08:07:20 PM
I think the only exchange that doesn't requires kyc at all is hotbit. Although majority of  exchanges are kyc based but it's not always compulsory, they will allow you to use all the features of the exchange but limit your overall withdrawals to few btc
hero member
Activity: 1694
Merit: 722
Leading Crypto Sports Betting & Casino Platform
April 15, 2020, 04:12:20 PM
Lots of good and reliable exchange options, without the KYC procedure. I recommend binance and kucoin, both of these exchanges
I actively use it until now. So I dare to guarantee its quality, especially binance exchanges which have a lot benefit. I have never
experienced problems when using both exchanges for trading.

Yes, lots of the exchange works without KYC. But, you many know maybe of them have to ask users for the KYC because of the governments other wise they have to fight them. Government need your information to know your income and the tax you should pay that's why coinbase and binance.us ask you for the SSN and TaxID because the government can ask you for the tax anytime. Also they have to make sure the money exchanges of the websites won't be used to buy drungs/guns/illegal stuff.
That's why I believe any reliable and stable exchange asks you for the KYC.
full member
Activity: 1190
Merit: 117
April 15, 2020, 06:59:22 AM
Lots of good and reliable exchange options, without the KYC procedure. I recommend binance and kucoin, both of these exchanges
I actively use it until now. So I dare to guarantee its quality, especially binance exchanges which have a lot benefit. I have never
experienced problems when using both exchanges for trading.
newbie
Activity: 5
Merit: 0
April 15, 2020, 05:59:52 AM
Hey, you should really consider Kuna exchange
It's a real good one!
copper member
Activity: 39
Merit: 0
April 15, 2020, 01:23:50 AM
Hello!

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In the meantime, we are currently holding a bug bounty and mock trading competition event with a total prizepool of 3,000 USDT in BTC Bonuses!

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hero member
Activity: 1722
Merit: 508
April 15, 2020, 12:52:38 AM
What's good these days ?  My old exchange quadriga went bust and I'm looking for a trusted exchange that's simple and doesn't require registration or personal info. just email at most.  I only have small amounts and only want to convert and not neccessarily withdraw.
Right now most of reputable exchanges going with KYC but you can still go with Binance as they are not asking for this but limit is 2 bitcoin and if you complete your KYC then you can withdraw 100 bitcoins in 24 hours.
Binance available for withdraw without KYC but only allowed 2 btc in daily, if you are bigger trader or investor you must KYC and upload your document and increase withdraw more than 100 btc every day, right now only bittrex without submit KYC not available for withdraw.
member
Activity: 137
Merit: 25
April 14, 2020, 09:33:30 PM
I suggest you must use https://www.kucoin.com or https://www.okex.com this 2 exchange have a fast withdraw and so many coins/tokens you can trade in that exchange. But for withdraw you just need activated your 2FA.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
April 14, 2020, 03:32:13 PM
I'm not sure that good exchanger that doesn't perform KYC actualy exists. As far as I know KYC is legal obligation so every exchange that wants to run legitimate business has to obey that. Also, if you don't want to have potential problems and experience any kind of unpleasant activities stick to well known, legitimate and respectable exchanges.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
April 14, 2020, 02:09:47 PM
#99
You may don't know but Binance receives right to ask you to pass the KYC phase to withdraw even if your balance is under 2 BTC.
Yes, if they find any suspicious move or behaviour on your account and then they are in charge to ask you for KYC even if you don't want to.

They can just suspend your withdraw feature and ask you for it.
So, I would recommend you to be ready for KYC anytime, even with account under 2 BTC
Yop, I have experienced that on Bittrex that they disabled my withdrawal button for few days and then they were asking me to upload my data for their own purpose, after that I leave Bittrex for my good will.
hero member
Activity: 1694
Merit: 722
Leading Crypto Sports Betting & Casino Platform
April 14, 2020, 12:28:33 PM
#98
Why do you need KYC less exchange when binance offers over 2 BTC limit per day withdrawal. In which it is a good and easy platform for newbies. And with your 2af authentication in your account you are safe and good to go.

Yes, I will choose Binance too, and no problem if the withdrawal limit will be 2 BTC per day. With the big exchanges so far, Binance can be his choice too, and I think that is the best solution for him because he can trade in the big exchanges while he doesn't have to fills KYC. He doesn't need to choose dex exchange if he doesn't want because the dex exchange itself doesn't too popular as Binance. But let him think about that and search for what he wants, and we can only give him advice.

You may don't know but Binance receives right to ask you to pass the KYC phase to withdraw even if your balance is under 2 BTC.
They can just suspend your withdraw feature and ask you for it.
So, I would recommend you to be ready for KYC anytime, even with account under 2 BTC
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
April 14, 2020, 01:01:54 AM
#97

With few coins on the big exchange you don't have to send KYC to them. But keep your password and phone with you all the time, don't lose it because once you try to recover them you will have to fill these necessary files and IDs they want to get from you. Its the centralize exchanges that provide good liquidity that is why we prefer them but if you really wanted to hide away, go to the dex.

Its dependent on the exchange. Some exchanges like Bittrex they require KYC for any amount of BTC you want to withdraw. Remember what happened back in 2017? So many people got their coins frozen by the exchange because they had to complete KYC to be able to do a withdraw. Whether it was 0.01 BTC or 1 BTC.

With Binanace the amount you deposit doesn't matter its how much you try and withdraw a day, you can't go over 2 BTC. There are other exchanges like this also. However keep in mind that 2 BTC is alot these days and most likely this figure will decrease in the future.

Also you don't need to remember your password because you can always reset it, the issue is with 2FA. If you are using some exchange like Bitmex with a VPN and you put in a fake name and forget your 2FA you will get issues. Because if you forget your 2FA they need to KYC you to prove you are the account holder. This is why never forget your 2FA. Always write down the recovery code.
hero member
Activity: 3038
Merit: 617
April 13, 2020, 03:37:45 AM
#96

With few coins on the big exchange you don't have to send KYC to them. But keep your password and phone with you all the time, don't lose it because once you try to recover them you will have to fill these necessary files and IDs they want to get from you. Its the centralize exchanges that provide good liquidity that is why we prefer them but if you really wanted to hide away, go to the dex.
sr. member
Activity: 1078
Merit: 256
April 12, 2020, 11:35:38 PM
#96
Almost good exchange always need KYC for their member but you can take participated with less withdrawal in daily without KYC, you have chance for withdrawing maximum 2 btc every day in Binance exchange without submit and you not pass KYC document except bittrex exchange account must submit KYC.
Indeed, you can use other good exchange without providing KYC and you provide one of those best exchange where you can enjoy trading without any problem just don't exceed with the 2btc daily limit that allowed per account.
Keep your track on and choose with those other options aside from binance who have same offers.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
April 13, 2020, 02:20:23 AM
#95
Regarding Bitmex,

Which has been KYC free for years and has been a great exchange and never had any issues (except the lags and outages from time to time) there was a twitter post discovered by someone that found that they are hiring some AML personnel last month.

We don't know whether that means they will need to comply with KYC or if it just means to keep certain accounts from doing any type of laundering. They are mostly deposit/withdraw BTC with no fiat, so its possible that they might stay KYC free however that job listing is making alot of people cautious and there has been many withdraws lately from their cold storage wallets.
sr. member
Activity: 1288
Merit: 253
April 12, 2020, 08:37:29 PM
#94
Almost good exchange always need KYC for their member but you can take participated with less withdrawal in daily without KYC, you have chance for withdrawing maximum 2 btc every day in Binance exchange without submit and you not pass KYC document except bittrex exchange account must submit KYC.
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