There are already a lot of DEXs these days that also offer futures trading.
Another alternative that I can add is on the Solana Network, which you will save a lot of transaction fees, compare to other chains like Ethereum.
Mango Markets - https://mango.markets/
Drift - https://www.drift.trade/
These can be alternatives to dyDx mentioned above. No need to pass any KYC as they are decentralized exchange.
Topic: exchange for futures trading with NO KYC (Read 104 times)
It is obvious that you do not trade on the exchange Bybit.com otherwise, you would know that this exchange does not require KYC to trade futures. Bybit requires KYC for use by additional exchange services. I do not know how it will be in the future, but now the rules are such that KYC is not required for trade futures.
You will be surprised that to know I trade in that exchange almost every day. The only different is that I got my account verified sometime back, but all I was saying is Bybit will introduce stricter KYC measures sooner or later. If you have been using the exchange, things are no longer like they used to be Kucoin can be a good option for you as it has a limit of 2 BTC I think before you need a kyc so if your volume is relatively low go for it.
As far as I know its not 2 BTC but 1 BTC and its withdrawal limit not volume limit. So no matter what your volume is ... you can go for kucoin as long as you accept the fact that you will need few days to withdraw all your money (as long as you trade using millions)
@OP I would avoid dexes like DYDX due to low latency.
Serum and DyDx is the exchange that you are looking for on this kind of nongKYC exchange. Only DEX is offering a non-KYC exchange. Serum and Dydx has decent exchange but don't expect a volume like a CEX since there's still limited amount of trader that using DEX for perpetual trading.
Volume is the only concern with Dexes and it's really the biggest one. It's just bots that are performing trades on these exchange nothing else.
Serum and DyDx is the exchange that you are looking for on this kind of nongKYC exchange. Only DEX is offering a non-KYC exchange. Serum and Dydx has decent exchange but don't expect a volume like a CEX since there's still limited amount of trader that using DEX for perpetual trading.
Kucoin can be a good option for you as it has a limit of 2 BTC I think before you need a kyc so if your volume is relatively low go for it.
As far as I know its not 2 BTC but 1 BTC and its withdrawal limit not volume limit. So no matter what your volume is ... you can go for kucoin as long as you accept the fact that you will need few days to withdraw all your money (as long as you trade using millions)
@OP I would avoid dexes like DYDX due to low latency.
As for the OP question, I suggest that he test the exchange Bybit.com which in my opinion is the best choice for futures trading. For new users, this exchange provides many different bonuses for new members. I myself use this exchange as an alternative to the Binance exchange and consider the functionality of this exchange to be one of the best.
But he needs an exchange with NO KYC option . As a far as I know, KYC is becoming a common norm with Bybit exchange.It is obvious that you do not trade on the exchange Bybit.com otherwise, you would know that this exchange does not require KYC to trade futures. Bybit requires KYC for use by additional exchange services. I do not know how it will be in the future, but now the rules are such that KYC is not required for trade futures.
As for the OP question, I suggest that he test the exchange Bybit.com which in my opinion is the best choice for futures trading. For new users, this exchange provides many different bonuses for new members. I myself use this exchange as an alternative to the Binance exchange and consider the functionality of this exchange to be one of the best.
But he needs an exchange with NO KYC option . As a far as I know, KYC is becoming a common norm with Bybit exchange.dYdX is a good one for you if you hate KYC.
https://www.coingecko.com/en/exchanges/dydx_perpetual
A Beginner’s Guide To Going Long & Short using Perpetuals on dYdX
If you don't know them, and are not familiar with Future trading on DEX, please read the guide for beginners.
KYC or no KYC. They will share your data anyway to any relevant third party sites and authorities that ask for it. Read their privacy policy https://dydx.exchange/privacy https://www.coingecko.com/en/exchanges/dydx_perpetual
A Beginner’s Guide To Going Long & Short using Perpetuals on dYdX
If you don't know them, and are not familiar with Future trading on DEX, please read the guide for beginners.
But if you're gonna use a centralized exchange, they can ask you to verify your account at any time. The sad reality is you either have to be prepared to leave your money or comply. Some DEXs have KYC in disguise as well. I suggest checking their ToS and privacy policy just to be sure.
I tend to agree, it should be good if you practice always reading TOS before using such a platform that you want. OP said that it has a decent exchange and decent volumes which means you can only find it at a centralized exchange and it's rare on the decentralized exchange. So, if this is what you're looking for there's nothing you can do is to have KYC than to choose in exchange that doesn't have decent trading volume.
Have you tried this exchange ( https://www.apollox.com/en )?
They had a feature that you're looking for but I didn't sure about the decent volume that you're looking for. You don't need to disclose your real identity, so therefore you have a choice to remain anonymous.
But if you're gonna use a centralized exchange, they can ask you to verify your account at any time. The sad reality is you either have to be prepared to leave your money or comply. Some DEXs have KYC in disguise as well. I suggest checking their ToS and privacy policy just to be sure.
hi everyone,
can anybody suggest a decent exchange with decent volume where you can trade perpetual futures without the need of a identification process?
I used to operate on binance but futures trading has been closed in my region, same for kraken futures.
bitmex only works in btc
other ones I know only with verification.
I am tired of sending my id and personal info to some obscure agency or service all around the world..
Most of the centralized exchanges required KYC process but I Know so far dydx centralized exchange have no required KYC process. But you can easily use decentralized exchanges where no kyc process. Uniswap, pancakes swap and quick swap exchanges have no kyc verified process. can anybody suggest a decent exchange with decent volume where you can trade perpetual futures without the need of a identification process?
I used to operate on binance but futures trading has been closed in my region, same for kraken futures.
bitmex only works in btc
other ones I know only with verification.
I am tired of sending my id and personal info to some obscure agency or service all around the world..
hi everyone,
can anybody suggest a decent exchange with decent volume where you can trade perpetual futures without the need of a identification process?
I used to operate on binance but futures trading has been closed in my region, same for kraken futures.
bitmex only works in btc
other ones I know only with verification.
I am tired of sending my id and personal info to some obscure agency or service all around the world..
can anybody suggest a decent exchange with decent volume where you can trade perpetual futures without the need of a identification process?
I used to operate on binance but futures trading has been closed in my region, same for kraken futures.
bitmex only works in btc
other ones I know only with verification.
I am tired of sending my id and personal info to some obscure agency or service all around the world..
Don't desire to do kyc if you do fail on verifications, maybe your information was lacking strong confirmations. Trading sites nowadays was so strict in terms of identity, many scammers and fraudulent activities have been circulating that's why they value the safety of their website.
What I can commend you for trading, avoid futures because you're just gambling your money over it. I must prefer you to have spot trading because the risk is low compared with futures, and binance have that features.
As for the OP question, I suggest that he test the exchange Bybit.com which in my opinion is the best choice for futures trading. For new users, this exchange provides many different bonuses for new members. I myself use this exchange as an alternative to the Binance exchange and consider the functionality of this exchange to be one of the best.
hi everyone,
can anybody suggest a decent exchange with decent volume where you can trade perpetual futures without the need of a identification process?
I used to operate on binance but futures trading has been closed in my region, same for kraken futures.
bitmex only works in btc
other ones I know only with verification.
I am tired of sending my id and personal info to some obscure agency or service all around the world..
If you are looking for any exchange which can allow you trading entirely without KYC upto any limit, then the only option you have is to for Dex or a decentralized Exchange, dYdX recently picked up too much steam when they became first exchange to provide derivatives trading on a Dex, but however, trading on Dex can be very slow, expensive and also very choppy at times. Kucoin can be a good option for you as it has a limit of 2 BTC I think before you need a kyc so if your volume is relatively low go for it. can anybody suggest a decent exchange with decent volume where you can trade perpetual futures without the need of a identification process?
I used to operate on binance but futures trading has been closed in my region, same for kraken futures.
bitmex only works in btc
other ones I know only with verification.
I am tired of sending my id and personal info to some obscure agency or service all around the world..
dYdX is a good one for you if you hate KYC.
https://www.coingecko.com/en/exchanges/dydx_perpetual
A Beginner’s Guide To Going Long & Short using Perpetuals on dYdX
If you don't know them, and are not familiar with Future trading on DEX, please read the guide for beginners.
https://www.coingecko.com/en/exchanges/dydx_perpetual
A Beginner’s Guide To Going Long & Short using Perpetuals on dYdX
If you don't know them, and are not familiar with Future trading on DEX, please read the guide for beginners.
hi everyone,
can anybody suggest a decent exchange with decent volume where you can trade perpetual futures without the need of a identification process?
I used to operate on binance but futures trading has been closed in my region, same for kraken futures.
bitmex only works in btc
other ones I know only with verification.
I am tired of sending my id and personal info to some obscure agency or service all around the world..
can anybody suggest a decent exchange with decent volume where you can trade perpetual futures without the need of a identification process?
I used to operate on binance but futures trading has been closed in my region, same for kraken futures.
bitmex only works in btc
other ones I know only with verification.
I am tired of sending my id and personal info to some obscure agency or service all around the world..
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