Any non kyc fiat to btc exchangers ?

Bitcoin_Arena

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Quote from: OpenCryptoSystem on February 15, 2021, 12:36:02 PM

Aml kyc regulations ? What crap is this ?

So you don't know what Know Your Customer and Anti Money Laundering regulations are?
He's trying to tell you to check out the KYC/AML regulations in your Country to avoid getting to a part where Financial services such as bank end up blocking your transferred funds from cryptotrading just because to were ignorant about the regulations.

To avoid KYC, this is what you can try to do

Quote from: Bitcoin_Arena on January 25, 2021, 04:59:16 PM

1. Buy and sell directly to trusted forum members in this section - https://bitcointalk.org/index.php?board=53.0
Use escrow if someone is not an old trusted members in the forum.

2. Use Non KYC P2p exchanges, like some in this list - https://bitcointalksearch.org/topic/help-a-list-of-localbitcoin-alternatives-p2p-marketplaces-5224711

o_e_l_e_o

legendary

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Quote from: OpenCryptoSystem on February 15, 2021, 11:49:53 AM

Kyc is full of crap
Is any non kyc fiat to btc exchangers ?
Like usd to btc and no kyc at all

What you are looking for are peer-to-peer exchanges, where you trade directly with another user. This is most commonly done via bank transfers, but other common methods include money orders or cash in person, and some will accept other payment methods such as PayPal, Skrill, Advanced Cash, etc.

There are quite different to the usual centralized exchanges in which you can just buy or sell instantly. With peer-to-peer trading, you have to find someone offering to buy or sell bitcoin at a price you like, open a trade with them, deposit coins to escrow, transfer the fiat, and then have the coins released from escrow. It can take a bit of getting used to, but it will let you completely avoid KYC.

The most commonly recommended ones are:

Bisq - https://bisq.network/
LocalCryptos - https://localcryptos.com/
Hodl Hodl - https://hodlhodl.com/

You'll need to take a look at all of them to see which has the best volume in your currency and/or location. Remember if you don't see an offer you like, you can always post your own.

OpenCryptoSystem

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Quote from: jackg on February 15, 2021, 12:12:43 PM

It's also possible to use bank transfers on decentralised exchanges such as bisq but you might want to chack your aml/kyc regulations before using those systems. You can also use cash in hand transfers with people local (but that might be risky regardless of where you do it - even in a secure public place).

Aml kyc regulations ? What crap is this ?

jackg

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https://bit.ly/387FXHi lightning theory

It's also possible to use bank transfers on decentralised exchanges such as bisq but you might want to chack your aml/kyc regulations before using those systems. You can also use cash in hand transfers with people local (but that might be risky regardless of where you do it - even in a secure public place).

DireWolfM14

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There are a few out there that will accept Credit Cards, but the legitimate ones will have daily limits, usually just a few hundred dollars.

The trouble is that most Fiat payment methods are reversible, so companies who accept these payments don't want to risk making large sales that could potentially be reversed. That's why most legitimate exchanges insist on KYC.

Not to mention regulations pertaining to AML laws.

OpenCryptoSystem

jr. member

Activity: 182

Merit: 3

Kyc is full of crap
Is any non kyc fiat to btc exchangers ?
Like usd to btc and no kyc at all

Topic: Any non kyc fiat to btc exchangers ? (Read 117 times)