Topic: Exchanges WITHOUT KYC? - page 4. (Read 743 times)
If they are not asking they are going to enforce registering your phones too.
Luckily that could in theory be overcome by using a burner phone--I don't know how rent-by-the-month phones are in terms of privacy, but I think if you pay for your minutes in cash they should be fairly private.In any case, KYC on crypto exchanges is what's coming, whether we like it or not. I'm actually surprised there are even only a handful that don't require KYC docs. To the best of my knowlege Kucoin is one of those (with certain restrictions, e.g., daily withdrawal limits and being unable to trade with fiat), and they're a pretty decent exchange as well. Aside from Yobit, I can't think of many more these days that won't require your account to be verified--and I don't recommend using Yobit at all.
This might not be in the spirit of Satoshi's intent, but there's no getting around it. I'm actually quite surprised that it's taken this long for most exchanges to be required to verify their customers.
Yobit gets the job done though. People may find them sketchy but I will still look at them a good place than the ones who just close to run away with the money we have on them. Yobit doesn't ask KYC still, they aren't enforcing it yet but will always remind users about phone verification.
I guess we have our own favourite exchanges which we can choose as a place to trade. No matter if you use the decentralized or centralized exchange, as long as you can feel comfortable with that exchange, you don't have to move to another decentralized exchange or centralized exchange.
You can say that DEX is good for you, but not all of us will say the same. I have a bad experience in using decentralized exchanges, and that is why I don't like to use that DEX although sometimes, I trade some coins that I still have on that DEX.
But if you want to avoid for KYC, I think you can use Binance, HitBTC, Bitmex, and another. Each decentralized exchanges and centralized exchanges will have the advantage and the disadvantage, and that will depend on people, whether they will use DEX or CEX.
You can say that DEX is good for you, but not all of us will say the same. I have a bad experience in using decentralized exchanges, and that is why I don't like to use that DEX although sometimes, I trade some coins that I still have on that DEX.
But if you want to avoid for KYC, I think you can use Binance, HitBTC, Bitmex, and another. Each decentralized exchanges and centralized exchanges will have the advantage and the disadvantage, and that will depend on people, whether they will use DEX or CEX.
An exchange like Binance allows users to withdraw assets not exceeding 2BTC per 24hrs, without KYC, so it is a fair deal in my own view.
At this point, I feel that they can fuck you up anytime due to various 'security concerns'. Let's say, you use a VPN today and tomorrow your VPN use different IP address. Or, you don't use any VPN but somehow they still found your account is doing 'malicious' activities. There are many things that could go wrong.
Trading in the forum with escrow is probably going to last longer than exchanges with 2 BTC limit.
Exchanges without kyc is not good I personally think becaus these exchanged not the best of security. I had account on cryptopia exchange which is without kyc.everybody knows what happened them. Public money should be safe on all exchanges which is kyc or nonkyc. When exchange is demanding kyc that means he is aware of traders funds .so everybody should join the exchange who done kyc and some security conditions.
You're overgeneralizing. Even if some exchange asks you for KYC, it doesn't mean they won't scam you or do something stupid. There are a lot of examples that you can search for Google.
Exchanges without kyc is not good I personally think becaus these exchanged not the best of security. I had account on cryptopia exchange which is without kyc.everybody knows what happened them. Public money should be safe on all exchanges which is kyc or nonkyc. When exchange is demanding kyc that means he is aware of traders funds .so everybody should join the exchange who done kyc and some security conditions.
I regard anywhere that doesn't ask for KYC as a place that is waiting to use it as an excuse to rape you when the time is right. It's the excuse that keeps on giving. And even supposedly decentralised places have asked for it too, not that any I've seen are worth bothering with.
It is true that most people hates KYC because it clearly goes against everything the main idea of blockchain stands for, but what can be done about it when most Dex are still struggling with having good volume and so on. However, there are still exchanges which allows a certain withdrawal of assets without kyc. An exchange like Binance allows users to withdraw assets not exceeding 2BTC per 24hrs, without KYC, so it is a fair deal in my own view. But in the case of fiat, KYC will be required; with the way things are going, won't be surprised when most if not all exchanges starts enforcing it but till then let's keep our fingers crossed.
If they are not asking they are going to enforce registering your phones too.
Luckily that could in theory be overcome by using a burner phone--I don't know how rent-by-the-month phones are in terms of privacy, but I think if you pay for your minutes in cash they should be fairly private.In any case, KYC on crypto exchanges is what's coming, whether we like it or not. I'm actually surprised there are even only a handful that don't require KYC docs. To the best of my knowlege Kucoin is one of those (with certain restrictions, e.g., daily withdrawal limits and being unable to trade with fiat), and they're a pretty decent exchange as well. Aside from Yobit, I can't think of many more these days that won't require your account to be verified--and I don't recommend using Yobit at all.
This might not be in the spirit of Satoshi's intent, but there's no getting around it. I'm actually quite surprised that it's taken this long for most exchanges to be required to verify their customers.
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.
Try Bisq they don't ask KYC or better yet check my signature.
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?
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 am not sure daily spamming blocknet on the forum will attract much visitors but rather irritate them. Also there are many exchanges that doesn't require kyc for withdrawal up to 2 btc per 24 hours on Binance. Again, Kyc came as a necessity with respect to pressure from sec on fighting scam and I am sure that if sec comes for blocknet tomorrow, it will fully implement kyc too. So I think Blocknet should pick another marketing point other than "zero kyc "
Aren't you guys tired to promote spam Blocknet with different accounts here? A DEX that nobody cares about? Sometimes they don't even remember what they already posted and end up copy-pasting the same post from another account lol. I reported a user already not long ago https://bitcointalksearch.org/user/gucciboy-2696455
Is Blocknet so desperate to use such an advertising strategy? Blocknet look like a pure shit to me now
Is Blocknet so desperate to use such an advertising strategy? Blocknet look like a pure shit to me now
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?
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?
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