Topic: Does Huobi Global, KuCoin and Gate.io require KYC verification? (Read 99 times)

I just took a look at those exchanger sites.  Apparently changenow allows trading of bitcoin SV.  I took a look and see if i trade bitcoin Sv for other coins like btc or say stablecoins... it shows the amount you would get.  Now as of right now it seems that bitcoin SV prices is around 85.60 right now. 


Now if it convert 1 bsv to a stablecoin, this is what I would get for a BSV


84.256872 USDT Tron
83.837567 USDT ETH
84.236875 USDT OMNI
84.369794 USDT BSC
83.86977 USDC  ETH
84.363286 BUSD Binance Chain
83.935872 BUSD ETH
83.750564 UST  LUNA
83.990495 DAI  ETH
83.776892 TUSD ETH
83.949664 USDP  ETH
82.620064 GUSD  ETH



So basically the fee you pay for using changenow is around 1.3 to 3.5% roughly when changing to stablecoin?  But fee is usually around 2% on average?  Obviously that is a lot compared to a regular exchange but not bad if you want a way to trade it.


Why do they give you such a bad rate on GUSD?  The best rate seem to be USDT BSC for stablecoins.  I assume the best rate is because the fees for them to send it to you is cheap right?  That is why stablecoins on the Tron or Binance or BSC chain give you more for your BSV?



When I convert it a BSV to BTC, seems like you get around 0.0021419 btc which comes to around 84.48 per BSV which seem to offer the highest value?  So basically if you trading for a coin on these places, is trading for BTC going to give you the best rate for the coin you want to get rid of?



So you paying around 1.3% roughly to convert BSV to BTC?  So they make off money by giving you a lower rate right and nothing else?


When you do these transactions, how much sending fees are you paying on your end to send to them?  Example how much fees would I pay when I send BSV to them?  Is it the default BSV from my BSV vallet?  How long does it take normally for them to send you the coin you wanted for?  Do you need an email or anything?  Has there been cases where changenow or those sites take a long time to send you the coin?  Is it best to test a small amount first to see it works.  Then do the entire amount of BSV you want to do? 

You can use VPN on it but might depend on the type

There is binance US https://www.binance.us for USA citizens but have lower number of token due the regulation within the country on some token and exchanges in whole

NON-KYC online services.
https://kycnot.me/

Also check out these exchangers, I really like them and I use them all the time.
https://changelly.com/
https://changenow.io/
https://fixedfloat.com/

And don't forget about your privacy.
https://kycnot.me/services

I don't know about houbi global, but i do know that I've been able to withdraw from kucoin and gate without kyc for a very long time before I decided to go through the kyc process, kucoin most especially allows or allowed me to withdraw 2 btc or its equivalent worth in usdt without kyc even until 2 or 3 months ago when I finally decided to kyc.
Don't know if it's same for other countries, but this is my experience with kucoin and gate, I don't have an account with houbi yet.

My advice is to reach out to their customer care service to be sure of their withdrawal policies as it might have changed without anyone knowing, so better to chat with their customers care for a detailed explanation on how their withdrawal process works and also whether it is possible to use VPN services on their websites.

Okay so gate io doesn't work then.


But with huobi and kucoin, being a US citizen... but I'm outside of the US quite a bit... is there any issue with me creating an account at either while in the US?  Or if I do so, use a paid vpn to do this?


If i use huobi and kucoin outside the US and thus with a nonUS ip address, this would be no issue?  Those btc withdraw amounts even at huobi is more than enough for me.  I am planning to claim my bitcoin SV fork, and then send it to an exchange to convert to either btc or usdt and then withdraw that to my hardware wallet.  The amount isn't even more than 0.06btc.  So that should be no issue?  I want experience from people who actually used huobi and kucoin on this recently as I don't want my funds stuck there when they ask for KYC... then because I'm a us citizen, i can't withdraw.

- Huobi didn't need KYC(not mandatory) but your daily withdrawal from your account will be limited to the 0.06 BTC or any amounts that equal with it.
- Kucoin didn't need KYC(not mandatory)  and your witdrawal limit will be around 2 BTC in a day or any amounts that equal with it.
- Gate io  need KYC (Mandatory) if you have not verified and you will not able to withdraw your money from there.

I want to claim my bitcoin SV fork and maybe sell it to an exchange for btc or usdt and then withdraw to my nano ledger hardware wallet.


The thing is I do not believe I am allowed to have accounts in any of these exchanges due to my location.


But do they require KYC?  Can I use vpn on it?  I remember not long ago, I could still use binance for a while and wasn't verified and they allowed up to 2 btc withdraw limit which is beyond more than enough for me since I only had a small amount to withdraw from binance.  I'm an American citizen but I'm outside the US quite a bit and binance no longer allows US citizens regardless of where they are located.  The only thing was I never logged into my binance account while I was in the US so binance never detected me since I never gave my KYC and always connected with a nonUS ip address.  I did not need to use a vpn either because of it.  But then they required everyone to KYC so I could no longer use binance.


Can anyone tell me if either of these exchanges allow me to deposit Bitcoin SV and trade it for btc or usdt and then withdraw without KYC?


Or regardless of the amount, i have to submit KYC?  My issue with KYC is I don't believe they would accept me due to my location and citizenship.  Could I bypass this though?