Exchanges WITHOUT KYC? - page 2. | Bitcointalksearch.org

XCANA

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Quote from: ?? on ??

I don't think there are so many exchanges without KYC. Even if they offer this option with NO KYC there will still be a limit withdraw for example $3000-$4000 . But I heard about digitexfutures it is a new exchange and they offer this option . You can check their social if you are still interested

There are still thousands of exchanges out there that are still KYC free. Although, many have chosen to patronized the dex platforms and not centralized platforms as we know them to be difficult. They are difficult due to their KYC before anyone can trade or sell for cash out. The government have been giving regulations to decentralized exchanges and forcing them to obey the rules. This will make many of the left over decentralized exchanges to imbibe the culture of Know Your Customers.

bitbunnny

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Honestly, I don't know why are people so.afraid of KYC. On certain extend I can understand they are afraid for not knowing where their data might end but if you use respectable exchanges that shouldn't be a problem. KYC is also here to protect the users and since is legal obligation, by searching for exchange without KYC you actually ecpose yourself to risk to make business with exchange that is not legitimate and law compliant so also without legal protection if something goes wrong.

bitgolden

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Hackers are smart enough to get over a whole website and steal thousands of bitcoin, you really think that they are not smart enough to go around KYC and find a way to cash that out as well?

These people literally work their ass off to steal that much money, it will be definitely easy for them to find a way to cash out. They would probably use some cashing out system that is by hand, meet with some money launderer type of person or some bank in Bahamas or whatever and just give bitcoin to them and get cash with some big discount, like lets say they steal 20 million dollars worth of bitcoin, they get 10 million in cash. That Bahamas bank in return gives that to coinbase or whatever and actually show their ID as a company, and they can withdraw easily without a problem.

XCANA

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From the beginning of Bitcoin creation, there have been the issue of either to include KYC or not, though, what we see today is, many exchanges are now requesting many of their users to pass through KYC before they can trade on their platforms. This was envisaged before now and things have been drifting to the pont where KYC will mandatory for all. Exchanges without KYC have been on the neck of the government and they are out to compel them to integrate KYC into their platforms. Personally, I have been using g exchanges with good reputation even though they allow KYC.

Swapzone

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Have you tried https://swapzone.io/ yet?

royalfestus

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Quote from: fudster on April 22, 2020, 12:56:31 PM

I can't remember any central exchange not asking for KYC documents anymore. If they are not asking they are going to enforce registering your phones too. It already feels like cryptocurrency market had been compromised by the biggest mafia, its fortunate that DEX are also around.

Try Bisq they don't ask KYC or better yet check my signature.

Bisq can allow KYC because they are not known, they have low trade volume, few coin and listed low in the exchange rank. The last time I checked they trade more anonymous coin. I feel Government need the KYC more than the team behind those exchange and that worries me more. Dex dont have the privilegdes of the centralized exchanges. Some are more of a blockchain than others but I believe it is a problem to consider solved in the space. Exchanges are great force in the space.

milandres0207

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Quote from: Wh00re on April 21, 2020, 07:57:23 AM

I think it's safe to say that the majority of us hates KYC/AML these days. It feels so wrong to submit all your personal details when dealing with something like cryptocurrencies, as it wasnt the intention with BTC to reveal your identity at all.

With tons of exchanges enforcing it, which exchanges do you guys use now? Hit me!

I've been trading on DEX's as of lately, just to get a feeling of how they work, and I must say it feels good trading while being in control of your own private keys. Used Blocknet's DEX to trade some LTC for BTC, for the upcomng halving event, and it worked out fine.

What other alternatives can you guys recommend?

I don't use that Blocknet DEX, I would rather to use platform exchange that are listed at the coinmarketcap compared to this one you are promoting it now. Because it's too risky to use exchange on which don't have any strong credibility in the market. But this was just my assessment and opinion only.

enhu

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If you are to join an exchange without KYC, just the ones that offers no login credits like the EIDOS hybrid exchange where you only need wallet login. Non-custodial are pretty much what you need. There are already projects like these but are not very supported by many of us because we concentrate to BTC alone. Try the ones in the newer platforms like EOS and TRON. Check this out https://oikos.cash

Taskford

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Quote from: mdzahed134 on April 26, 2020, 04:12:40 AM

KYC(personal data) is most important, so people’s ignoring to submit at all. Mostly centralized exchanges must asked KYC but you can relaxed if you will trade and withdraw 2 BTC regularly, it’s a binance requirement specially. So don’t worry you can access mostly major exchanges without KYC. Exchanges will be enforce when you will overcome these limit.

Nothing to worry about for having that limits especially if you didn't trade any bigger than that limits so there's no need to give your personal credentials, But if you trade bigger volume then this should be implemented since it's part of safety measure since hacking is rampant and it's a sort of protection for the user. But make sure you provide your information on reliable exchange like binance since its risky if given in small unreliable exchangers.

mdzahed134

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KYC(personal data) is most important, so people’s ignoring to submit at all. Mostly centralized exchanges must asked KYC but you can relaxed if you will trade and withdraw 2 BTC regularly, it’s a binance requirement specially. So don’t worry you can access mostly major exchanges without KYC. Exchanges will be enforce when you will overcome these limit.

Ridwan Fauzi

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I don't think that Decentralized exchange is the best way to trade reckon in the volume of it is still low.

You don't need a decentralized exchange if you don't want to pass a personal identity.

Because you can choose binance exchange which is a popular exchange and you can pass the personal identity.

But you may have limited access to withdraw your fund, you just have 1 BTC per day for you to withdraw your fund.

Seem like binance exchange is the safest way rather you choose a decentralized exchange, at least you'll be comfortable when you store your money although it will be for long time.

snowyNNN

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Pasl [Xci-r.i.p.] Eth Zcl Kmd Zen Rep Xmr Sc Neo

This isn't an Exchange but an exchanger.

https://xchange.me/

It has no account creations or KYC hassle. Just easy anonymous swaps.
Fees per swap are 2% for Ethereum and 1% for all other coins and tokens.

fudster

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Quote from: asus09 on April 24, 2020, 10:22:53 PM

Simple exchange without KYC is forkdelta and always have price for each coin you received, I use forkdelta when receiving coin reward from airdrop and bounty campaign project, always get benefit why using forkdelta because before coin listing on formal exchange we have available for selling coin on forkdelta.

Bids in that exchange however aren't going to make you considerable amount. I have some tokens that I got from bounties going up to thousands but its worth in selling there is just 0.2ETH. Its the price for avoiding KYC while if I sell it on the exchange that asks KYC could be worth 0.5ETH. It does help after all if you got the tokens from airdrop it means you didn't work for it.

Don't login there with your private key by the way, its best to just create another account and send your tokens there.

Freny250

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As long as it is a central exchange it will require you to carry out kyc for you to be able to make withdrawal. But the good news is that there are certain amount of which you can withdraw without kyc. Each user of such exchange have daily limit withdrawal they can make even without passing through KYC procedures

asus09

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Simple exchange without KYC is forkdelta and always have price for each coin you received, I use forkdelta when receiving coin reward from airdrop and bounty campaign project, always get benefit why using forkdelta because before coin listing on formal exchange we have available for selling coin on forkdelta.

Yamifoud

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Quote from: Freny250 on April 24, 2020, 03:42:43 PM

As long as it is a central exchange it will require you to carry out kyc for you to be able to make withdrawal. But the good news is that there are certain amount of which you can withdraw without kyc. Each user of such exchange have daily limit withdrawal they can make even without passing through KYC procedures

Yeah, there is and maybe at your first withdrawal but later on, they will ask you to submit your KYC otherwise you can't perform your transaction again. Maybe they are just attracting users to have their platform but why are these exchanges asking KYC? Does it certainly be a big deal for us? Of course not if we are using reputable exchanges, in fact, Binance is aking KYC also but somehow people give it because they are giving trust and confidence about the security of these exchanges.

If we choose any exchanges to use, see to it that we know more about this exchanger and not just because they don't ask KYC.

michellee

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I don't know much about DEX, but if you want to avoid KYC, I suggest you try Binance. At that exchange, you will not have to fill KYC if you don't want, but you should satisfy to withdraw your fund up to 2 BTC. I think that will not be a problem for you as long as you don't send any document with them, and I think with 2 BTC every day will help you to withdraw your fund. But the most important, we should take care of our funds in every exchange we used, and be careful to choose the right exchanges for you.

wozzek23

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Quote from: Wh00re on April 21, 2020, 07:57:23 AM

I think it's safe to say that the majority of us hates KYC/AML these days. It feels so wrong to submit all your personal details when dealing with something like cryptocurrencies, as it wasnt the intention with BTC to reveal your identity at all.

With tons of exchanges enforcing it, which exchanges do you guys use now? Hit me!

I've been trading on DEX's as of lately, just to get a feeling of how they work, and I must say it feels good trading while being in control of your own private keys. Used Blocknet's DEX to trade some LTC for BTC, for the upcomng halving event, and it worked out fine.

What other alternatives can you guys recommend?

DEX are a good way for trading and right now Bisq has been treeing after LocalBitcoin bans cash. I don’t know about he exchange you have mentioned. There are some local exchanges in my country that I also use, you trade directly with them and you don’t any online platforms, you simply reach out to them and carry out the trade and send your payment to your favorite payment method.

I also make use of centralized exchanges, and the ones I am using are only the popular ones and nothing more, although I know that none of them should be trusted 100%, but still they are better than making use of exchanges with no reputation.

CryptopreneurBrainboss

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Quote from: Wh00re on April 21, 2020, 07:57:23 AM

I think it's safe to say that the majority of us hates KYC/AML these days. It feels so wrong to submit all your personal details when dealing with something like cryptocurrencies, as it wasnt the intention with BTC to reveal your identity at all.

What other alternatives can you guys recommend?

True it wasn't the intention of bitcoin but the community has grown so big that scammers has seen these advantage of cryptocurrency as an avenue to defraud Investors of their hard earn money. Introducing the use of KYC has been the most effective method in combating fraud/money laundering so far so I don't think we can eliminate the need of it in the industry until something more effective has been developed.

Nevertheless, if I'm not mistaking all most all the so called reputed exchanges including Binance does have an often of transacting with them without the need of carrying out KYC procedures. Therefore, you just simply have to respect their terms and conditions by not withdrawing above their stated bitcoin and you account won't have any issue. You could withdraw daily (with the maximum limit) until you withdraw all your bitcoin without having to surrender your private information.

suryana

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Quote from: Shasha80 on April 24, 2020, 01:23:18 AM

I always avoid exchanges with KYC, because for me personal data is important and I am among those who are concerned with privacy.
So I always use exchanges without KYC until now. I recommend binance, kucoin, okex and upbit. But I am more often trading at binance
and kucoin nowadays.

I think as long as they can keep their reputation still good I will still believe in Exchange with KYC. I personally have done KYC level 2 on Binance and I'm not afraid of them because they are the biggest and most trusted Exchange at the moment. But if for a small Exchange then I will not give my personal data to them.

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