Best nonKYC exchange? - page 2. | Bitcointalksearch.org

adultcrypto

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Quote from: ajiz138 on August 26, 2023, 02:40:24 PM

I am now using MEXC exchange which does not require KYC maybe OP can try it?
With Ratimov's review it is clear to me.

Yes why not use DEX has many USDT-trc20 networks available even it is simpler than CEX, I hope you can take good advice because maybe you will exchange more USDT as you mentioned.

Most non KYC CEX have daily withdrawal limits. MEXC is definitely a good exchange but they have a withdrawal limit of 5BTC per day. Unfortunately, is not available for US citizens unless the OP can use VPN.

BlackHatCoiner

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Farewell, Leo

Quote from: ?? on ??

Try it, it would be interesting to see how you can do it for 10 cents and without linking addresses in the blockchain.

I'm referring to OP's case, not yours. As I said, doing 11 TRON transactions for 10 cents isn't possible as TRON is barely even tradable in DEX. What I'm advising him to do is sell the TRON for BTC to some boltz-like exchange, and then send the bitcoin to DEX.

BlackHatCoiner

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Farewell, Leo

Quote from: ?? on ??

[...]

I'm absolutely aware of the diversity of cryptocurrencies in popular exchanges, and I'm sure you know better. No, you can't even use the TRON network in decentralized, peer-to-peer exchange as far as I'm concerned, let alone to pay 10 cents for what you described.

But this isn't the point here. The OP wants to sell TRON for fiat, and there exist services which can let him do that with absolutely no KYC required, neither with violation of any terms. It might come a little more expensive, but ultimately isn't it worth it? To me, the answer is yes.

Quote from: ?? on ??

Do you still not understand why people use centralized services, and do not install all sorts of Bisq and other services?

In that particular case, no. The same thing can be done decentrally, and legitimately.

gunhell16

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Quote from: pkersey on August 26, 2023, 12:17:36 PM

I'm in the US but I also can use a VPN. Kucoin is now full KYC so I'm looking for a reliable alternative. Any suggestions? I have alot of USDT sitting on the tron network so I need tron support.

Dude, this is the link given by @Eternad

Quote

You can refer to this list https://bitcointalksearch.org/topic/m.62640260 to check what's available CEX that currently doesn't require KYC but most of them is not that high confidence in terms of reputation .

And the only thing I didn't notice in the topic made by @Ratimov and saw is Fairdesk {https://www.fairdesk.com/spot/btcusdt} which also does not have KYC for those who want to do trading, and so far this platform is also good based on my experience using it. But check it out, dude, anyway; you'll find out somehow. Though Fairdesk was just launched last year, in 2022,

But most of the @Ratimov topic that he made on the link above was already there in the section; you can see and find it for yourself.
dude anyway.

BlackHatCoiner

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Quote from: ?? on ??

I can also refer to the fact that it is too risky to use trains, because a meteorite can fall on the train.

We are very much aware of how risky that is. Extremely unlikely. First off there are thousands of satellites orbiting the Earth, equipped with cameras, communication payloads, etc., which can track potential meteorites. Secondly, Earth's atmosphere is so robust that it can protect us from almost every meteorite we've experienced so far, as it effectively burns them up before they reach the surface.

On the other hand, you have absolutely no clue if you'll be the unfortunate user of an exchange. It can happen with absolutely no information given.

Quote from: ?? on ??

Everyone should make their own decision, I'm just sharing my rich experience of interacting with these services and talking about them from the point of view of a real client of these exchanges.

Totally understandable. I just don't understand why messing with a CEX and violating their terms, is better than just selling the stablecoin for bitcoin, and then selling the bitcoin to a DEX with high volume. I mean, there is no fault from the exchange's side, you're the one who's violating his agreement.

BlackHatCoiner

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Farewell, Leo

Quote from: Minecache on August 27, 2023, 06:28:34 AM

Buying KYC accounts or having someone else KYC these days is no longer so difficult, and they are very cheap.

Why would you ever want to do that? It's against the terms of use on almost every exchange. If KYC is your concern, then just don't use an exchange that demands it.

Quote from: ?? on ??

How likely is it that the exchange will block your funds for no reason? Is there such a statistic? This is often talked about in the community, but no one knows how often it happens.

Isn't not knowing how often it happens more concerning that knowing?

Quote from: ?? on ??

For many years of using such exchanges, they have not blocked me a single account that is registered to another person.

Maybe it just happened. Their terms of use make it clear enough that you must not share the ownership with another person, unless you have Binance's consent.

Quote from: https://www.binance.com/en/terms

7.2. Sole benefit. By opening a Binance Account you agree that:

a. where you are an individual user, you will use your Binance Account only for yourself, and not on behalf of any third party, unless you have obtained our prior written consent;

Minecache

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Quote from: safar1980 on August 26, 2023, 02:45:04 PM

Quote from: pkersey on August 26, 2023, 12:17:36 PM

I'm in the US but I also can use a VPN. Kucoin is now full KYC so I'm looking for a reliable alternative. Any suggestions? I have alot of USDT sitting on the tron network so I need tron support.

And why should you look for an alternative if you are already used to Kucoin? You have not tried to pay another person to pass KYC on the Kucoin exchange.
It is safer to trade on the exchange on an account with KYC. I heard that soon all exchanges will force users to provide their documents. And it makes no sense for you to constantly change the exchange for trading.

Buying KYC accounts or having someone else KYC these days is no longer so difficult, and they are very cheap. But you will be in big trouble if in the process of using your account suddenly frozen or locked. When you ask the person to pass KYC for you before, they will most likely make it difficult for you or worse, you will not be able to contact them anymore. Then your money will be permanently confiscated by the exchange. I thought about that, but it's still too risky and not worth the risk.

SquirrelJulietGarden

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Quote from: ?? on ??

Exchanges that actively support USDT TRX20 are Huobi, Poloniex and Bitrue. All these exchanges do not have KYC, and Bitrue has free withdrawals on the TRC20 network and the most developed spot trading in relation to TRX.

I did not know Poloniex changed from mandatory KYC years ago to non KYC now. Interesting information which I did not know because I did not use them recent years.

Level 1 and Level 2 Verification Features (Poloniex)
Poloniex review. Did they change their KYC policy after Justin Sun acquired the exchange?

Potato Chips

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yesssir! 🫡

Another website (or list) you could look into is kycnot.me although a lot are P2P and instant exhanges -- idk if they fall to your use case.

But do watch your usage with no-mandatory KYC exchanges because they could always request you to KYC and worse, be adamant of keeping your funds unless you succumb to their demands. It's safe to say different exchanges could react differently on the fact that you're a US person which a lot of CEx prohibit -- I've seen some be lenient e.g. binance and strict e.g. paxful

DoublerHunter

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Quote from: pkersey on August 26, 2023, 12:17:36 PM

I'm in the US but I also can use a VPN. Kucoin is now full KYC so I'm looking for a reliable alternative. Any suggestions? I have alot of USDT sitting on the tron network so I need tron support.

^ A piece of advice.
A non-KYC exchange probably seems more lenient in terms of privacy and account setup, it is crucial to do your due diligence before trading on any platform. Some platforms that claim to be decentralized probably still have certain centralized elements, or they might not provide the same level of security and recourse as fully decentralized platforms. Before trading on any exchange, whether centralized or decentralized, make sure to research the platform's background, security features, user reviews, and any potential risks associated with their operations. Protecting your funds and personal information should always be a top priority in my own opinion.

Zaguru12

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Quote from: safar1980 on August 26, 2023, 02:45:04 PM

And why should you look for an alternative if you are already used to Kucoin? You have not tried to pay another person to pass KYC on the Kucoin exchange.
It is safer to trade on the exchange on an account with KYC. I heard that soon all exchanges will force users to provide their documents. And it makes no sense for you to constantly change the exchange for trading.

I don’t think the safety is actually worth it considering the risk of losing ones identity, yes there are many cases where the KYC platform might be used to fish out a certain crime but at this tender age of bitcoin and the government continues disdain against it, then it will be at risk to get exposed as a bitcoiner. Although bitcoin isn’t frowned upon in the US where OP stays but imagine someone from a place or country where it is frowned then it will be tricky or risky to use KYC exchanges. So I would just say OP should rather go for not only non KYC platforms but also the decentralized exchanges, they provide more anonymity if you actually care for you privacy

Quote from: ajiz138 on August 26, 2023, 02:40:24 PM

I am now using MEXC exchange which does not require KYC maybe OP can try it?

It is actually a two way platform with an option of non KYC which has its daily withdrawal limit at 30bitcoin but requires KYC for more trading volume which is of two different phase too the Primary KYC and the secondary according to their site. With a setup like this i doubt if the non KYC users can actually see do P2P, because this is the same thing KuCoin actually was before going almost full KYC

OmegaStarScream

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Quote from: safar1980 on August 26, 2023, 02:45:04 PM

And why should you look for an alternative if you are already used to Kucoin? You have not tried to pay another person to pass KYC on the Kucoin exchange.
It is safer to trade on the exchange on an account with KYC. I heard that soon all exchanges will force users to provide their documents. And it makes no sense for you to constantly change the exchange for trading.

OP doesn't want to verify his identity. As for your advice (assuming I understood you correctly) then that's something he definitely should stay away from. Let's say he pays someone to verify his account for him, what happens later when that person decides to contact Kucoin and tell them he has an account with them, but he can no longer access it because he lost his email, password, and 2FA? They will most likely freeze the account, and ask him to re-submit his documents. OP will obviously fail to provide these documents because it's not his identity, and the seller could then use his documents once again, gain access to the account and steal the funds.

safar1980

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Quote from: pkersey on August 26, 2023, 12:17:36 PM

I'm in the US but I also can use a VPN. Kucoin is now full KYC so I'm looking for a reliable alternative. Any suggestions? I have alot of USDT sitting on the tron network so I need tron support.

And why should you look for an alternative if you are already used to Kucoin? You have not tried to pay another person to pass KYC on the Kucoin exchange.
It is safer to trade on the exchange on an account with KYC. I heard that soon all exchanges will force users to provide their documents. And it makes no sense for you to constantly change the exchange for trading.

ajiz138

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I am now using MEXC exchange which does not require KYC maybe OP can try it?
With Ratimov's review it is clear to me.

Yes why not use DEX has many USDT-trc20 networks available even it is simpler than CEX, I hope you can take good advice because maybe you will exchange more USDT as you mentioned.

hugeblack

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There is a problem with non-KYC CEXs that do not strictly verify identity, as changing the terms of use may be quick and you find yourself forced^* to complete identity verification to withdraw your money, so nonKYC exchange does not yet mean a truly decentralized platform where you can be sure that no third party can freeze your account or dispose of your money.

* I have personal experience, where in less than a month, OKX changed the terms of use several times, and funds were frozen in my balance, and I could not withdraw them because I needed to verify identity.

mk4

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The choices are getting slimmer and slimmer — so whatever CEX you choose(assuming that this is for trading and not for offramping), just bridge the Tron USDT to Ethereum/Aribtrum/Polygon USDT and trade on DEXs instead. I've honestly got great experiences trading on GMX, dYdX, and Hyperliquid. You can also choose other DEXs that support whatever token you want to long/short.

BlackHatCoiner

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Farewell, Leo

Here's what I'd do if I were you.

Install Bisq.
Setup your accounts (whether that be Revolut, bank account etc., as far as I understand you want to withdraw for fiat)
Copy a Bitcoin address from your Bisq wallet.
Exchange the USDT for BTC using some service like fixedfloat (paste the BTC address there).
Now just create an offer at Bisq to sell your bitcoin for fiat.

Eternad

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Quote from: pkersey on August 26, 2023, 12:17:36 PM

I'm in the US but I also can use a VPN. Kucoin is now full KYC so I'm looking for a reliable alternative. Any suggestions? I have alot of USDT sitting on the tron network so I need tron support.

You can refer to this list https://bitcointalksearch.org/topic/m.62640260 to check what's available CEX that currently doesn't require KYC but most of them is not that high confidence in terms of reputation.

Why not consider using DEX since there's already P2P and AMM exchange that will cover almost same experience on CEX.

pkersey

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I'm in the US but I also can use a VPN. Kucoin is now full KYC so I'm looking for a reliable alternative. Any suggestions? I have alot of USDT sitting on the tron network so I need tron support.

Topic: Best nonKYC exchange? - page 2. (Read 533 times)