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Topic: Exchange accounts - page 2. (Read 271 times)

sr. member
Activity: 518
Merit: 257
March 05, 2018, 05:38:25 PM
#12
If you want to avoid KYC process then you should try Binance, HitBTC, and Etherdelta(for Erc20 tokens). However, trading large volume on one exchange can be somehow risky coz they can ask for verification anytime as central authorities are trying to regulate the whole crypto-environment. But until that time enjoy trading on Binance.
full member
Activity: 280
Merit: 100
March 05, 2018, 02:20:53 PM
#11
Binance is one out of exchange that you can use to trade without verifying with your ID card. Beside you also can use Kucoin exchange as well Smiley. Both Kucoin and Binance don't require ID verify from their user to be able to trade on these exchange. But I think if you trade with large amount of BTC and withdraw more than 2 BTC daily, you should verify your account with your ID card Smiley
member
Activity: 196
Merit: 14
March 05, 2018, 01:45:16 PM
#10
When it comes to fees, both Binance and Kucoin have the same basic fee structure. The difference seems to lie in the connection between the exchange fees and the cryptocurrency tokens that are specific to each exchange. For instance, if someone were to have purchased a large amount of Binance Coin tokens at a very low price, the amount of fees they would be paying would be comparatively quite low. Conversely, if someone participated in Kucoin’s affiliate program, then they could actually benefit from the fees paid by others. Additionally, holders of Kucoin tokens will receive the periodic dividend payment
legendary
Activity: 1582
Merit: 1059
March 05, 2018, 12:59:09 PM
#9
If I remember correctly, the limits on Binance are BTC2 per day when unverified, and BTC100 per day when verified.

It depends on what coins you're planning on trading. But the answers you're going to get are usually Binance[1], Bittrex[2], or EtherDelta[3](when trading ERC20 tokens).


[1] https://binance.com/
[2] https://bittrex.com/
[3] https://etherdelta.com/

I have an account on binance, and I can confirm that you don't need to verify your account in order to be able to transfer 2BTC a day. I haven't fund the account yet, because I was just opening some accounts, since some exchanges were starting to not allow users to create accounts, so I decided to gain access to a few. I've also opened an account on bittrex, but I had to verify my identity on that one. They seem to try to look you up online, without the need for documents, for a simple verification process, but if they fail they will require documents to make the enhanced verification. So the basic one doesn't work for everyone.

I would stick to binance if you really want an account that doesn't require verification, since they are quite large, and the others might be less trustable. I do believe that in the future, you will be forced to verify your identity on every single legit exchange though.
newbie
Activity: 6
Merit: 0
March 05, 2018, 12:12:05 PM
#8
Thank you all for your recommendations.

Why you don't want to have a verified account in an exchangers? That's a good to verify your account in trading sir in case you encounter a problem you can get your account with proof

They don't support my country, at least i think so.
There is more risk for me to let them know where i'm from!
If they approve me now, in future they may block me, just for this reason..

as someone who has been bitten by this issue and have some experience in the matter let me tell you that do not trust the exchanges that say they don't need verification. of course what they say is true but there is no guarantee that it remains true forever. they can change their rules over night like what bittrex did and block you out.
Very good point mate, Thanks.

I will use binance.
Wish you all the best.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
March 05, 2018, 11:55:41 AM
#7
as someone who has been bitten by this issue and have some experience in the matter let me tell you that do not trust the exchanges that say they don't need verification. of course what they say is true but there is no guarantee that it remains true forever. they can change their rules over night like what bittrex did and block you out.
member
Activity: 143
Merit: 10
delicia - Decentralized Global Food Network
March 05, 2018, 11:42:21 AM
#6
There are exchange site that are great reliable and trusted, binance is the one I like most of the exchanges and you don't need to verification for withdrawal.
staff
Activity: 3500
Merit: 6152
March 05, 2018, 11:35:18 AM
#5
Alts exchanges? As far as I know, we have Binance, HitBtc, and Poloniex. Some of them may require verification after reaching a certain withdrawal limit but after seeing what happened with Bittrex, I would suggest trading and withdrawing instantly, you don't want to be a victim of a TOS change without prior notice.

It depends on what coins you're planning on trading. But the answers you're going to get are usually Binance[1], Bittrex[2], or EtherDelta[3](when trading ERC20 tokens).

It's necessary to verify your account to trade on Bittrex now. They'll check the public records, If nothing found, you will have to submit your ID.
full member
Activity: 266
Merit: 107
March 05, 2018, 11:30:51 AM
#4
Yeah! Binance is a good exchanger to. You have just to enable your 2FA password so you cab secure your exchanges.

Why you don't want to have a verified account in an exchangers? That's a good to verify your account in trading sir in case you encounter a problem you can get your account with proof
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
March 05, 2018, 11:28:51 AM
#3
If I remember correctly, the limits on Binance are BTC2 per day when unverified, and BTC100 per day when verified.

It depends on what coins you're planning on trading. But the answers you're going to get are usually Binance[1], Bittrex[2], or EtherDelta[3](when trading ERC20 tokens).


[1] https://binance.com/
[2] https://bittrex.com/
[3] https://etherdelta.com/
full member
Activity: 221
Merit: 101
March 05, 2018, 11:28:03 AM
#2
I recommend Kucoin and Binance. Both are great exchanges with not many issues. Both don't require verifications for withdrawals and trading. With kucoin you will get access to a wide variety of coins while with Binance you will get access to established coins. Both are highly liquid exchanges.
newbie
Activity: 6
Merit: 0
March 05, 2018, 10:56:20 AM
#1
Hello guys,
I hope you are doing well.

I have a question regarding exchange accounts.

Which one of the top exchanges don't need verification to trade on them?
How about binance, I can see that they allow up to 2 BTC withdrawal every day, without verification; Is it true?
Based on your experience, which exchange do you recommend for trading without verification?


Thank you in advance for your help.
Best Regards.
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