Topic: List of P2P/no-KYC exchanges - page 4. (Read 2292 times)
I think we shouldn't hate doing KYC. Why do we hate it so? it's just providing information to exchange our identity, when we sell or manipulate, they will have information about it. For example, when Matic is sold off and drops more than 86% in just 2 hours, KYC will help CZ and the team know who is selling or Matic's team is selling. So don't worry about implementing KYC, it will help keep our assets safe if we encounter something in the transaction.
Why are people so scared of KYC? If one of the transactions goes wrong, will you provide enough information for managers to handle your problem?
KYC should not only send to projects that are raising funds, because they can sell our information to businesses for money. but not for large exchanges, you should trust them and create yourself the safest trading environment possible.
KYC should not only send to projects that are raising funds, because they can sell our information to businesses for money. but not for large exchanges, you should trust them and create yourself the safest trading environment possible.
If the transaction went the wrong way, you can always prove it because you have access to your wallets through private keys, and in which case you can prove that the wallet belongs to you.
There is no sense in identifying by the criteria you have listed; exchanges perfectly allow you to trade and use your functionality without this. However, most often identification is still necessary to comply with legal standards.
Everyone asking, "Why are people so scared of KYC"? is missing the point. Bitcoin was built on the foundations of cryptography, and the cypherpunk movement, which holds the belief that cryptography and privacy-based technologies will be the path to true socio-political change.
Why are people so scared of KYC? If one of the transactions goes wrong, will you provide enough information for managers to handle your problem?
KYC should not only send to projects that are raising funds, because they can sell our information to businesses for money. but not for large exchanges, you should trust them and create yourself the safest trading environment possible.
KYC should not only send to projects that are raising funds, because they can sell our information to businesses for money. but not for large exchanges, you should trust them and create yourself the safest trading environment possible.
If the transaction went the wrong way, you can always prove it because you have access to your wallets through private keys, and in which case you can prove that the wallet belongs to you.
There is no sense in identifying by the criteria you have listed; exchanges perfectly allow you to trade and use your functionality without this. However, most often identification is still necessary to comply with legal standards.
Anyway, let's not try these types of exchanges. It's quite dangerous because we don't even know the team that manages the trading system and don't know what their plans are in the future. In this crypto market of 10 exchanges, there are more than 7 exchanges that are frauds. so we should be careful and should only trade at large exchanges like Binance, Huobi, MXC or Okex. Don't try to trade at low fee exchanges to lose everything.
Well, It actually depends on the user if he does want a KYC-ed exchange or not, If they want a secure trading or not. But If I were asked a question where I prefer to trade, I must say on exchanges that has a KYC, they are issuing a KYC to know who they are dealing with, on top of that these exchanges that has a KYC is under the premises of the law, the privacy act on which exchanges are not authorized to disclose any information from their database without any consent to their user/s. Exchange that has no KYC is like a p2p exchange. 
Anyway, let's not try these types of exchanges. It's quite dangerous because we don't even know the team that manages the trading system and don't know what their plans are in the future. In this crypto market of 10 exchanges, there are more than 7 exchanges that are frauds. so we should be careful and should only trade at large exchanges like Binance, Huobi, MXC or Okex. Don't try to trade at low fee exchanges to lose everything.
Several months ago I tested most of the mentioned No-KYC exchanges.
The first type of them is open source decentralized P2P applications that run on smartphones or laptops. This software is safe and trustworthy, but the trading volume is quite low.
The second type of No-KYC exchanges (HodlHodl, CoinSwap, LocalEthereum, etc) is similar to LocalBitcoins. In other words, the trading platform acts as an escrow and a multi-signature address or a smart contract is used to trade coins between customers who pay fees. When the seller receives the fiat currency, he/she clicks the "Release coins" button if everything went smoothly, or begins a dispute if something went wrong.
In my opinion, the Bitcointalk forum is one of the best places for exchanging cryptocurrencies P2P and No-KYC.
The first type of them is open source decentralized P2P applications that run on smartphones or laptops. This software is safe and trustworthy, but the trading volume is quite low.
The second type of No-KYC exchanges (HodlHodl, CoinSwap, LocalEthereum, etc) is similar to LocalBitcoins. In other words, the trading platform acts as an escrow and a multi-signature address or a smart contract is used to trade coins between customers who pay fees. When the seller receives the fiat currency, he/she clicks the "Release coins" button if everything went smoothly, or begins a dispute if something went wrong.
In my opinion, the Bitcointalk forum is one of the best places for exchanging cryptocurrencies P2P and No-KYC.
I have encountered this thread - they have no KYC but no fiat trading.
https://www.amsterex.com/
https://bitcointalksearch.org/topic/anname-amsterex-is-swapping-to-gfy-more-information-soon-5203405
It is a Netherlands-based crypto exchange so for those who are interested to do their trading without having to worry that they will submit KYC docs later on, might be worth looking at.
https://www.amsterex.com/
https://bitcointalksearch.org/topic/anname-amsterex-is-swapping-to-gfy-more-information-soon-5203405
It is a Netherlands-based crypto exchange so for those who are interested to do their trading without having to worry that they will submit KYC docs later on, might be worth looking at.
This will be helpful to those community who hates KYC, it will be favorable to them to sell their coins.
But always remember that those DEX has no kyc must know the consequences you're gonna do this with
your own due diligence anyway.
I agree! Many people hates to pass KYC due to long process and giving of identification in people who they don't really know. It is good to have these DEX and I think many of us will search and use them. However, we cannot deny the fact that cex are more legit than these and we can trade without fear of losing our tokens. But always remember that those DEX has no kyc must know the consequences you're gonna do this with
your own due diligence anyway.
BaseFEX is a derivative exchange that doesn't require KYC but has decent volume which is getting increasingly rare these days, among derivative exchanges.
They even have made a page about it.
hmmm ... why are people trying to trade at unfamiliar exchanges without doing kyc? If one day they cheated people and stole all the money, what would people think?They even have made a page about it.
I personally find that exchanges too easy on traders to be suspicious. because they don't care about the interests of the traders, they only care about their money. KYC is a simple form, but it can protect your assets when you encounter a problem. We just shouldn't provide KYC for fraudulent projects but provide it to protect our assets!
Are you seriously gonna believe your KYC info there is perfectly safe and secure? Once their system been jeopardized, and you know hacks and data breaches happened regularly in the crypto space, your identification is gonna be listed for sale at $1 or less on some dark web market. In one week you will receive a court warrant for some crimes you did not commit in places you've never been.
That why I only stick to no-KYC exchanges: Coinex for spot trading, and BaseFEX for margin trading.
I can also confirm that LocalCryptos have no KYC. However, it seems like they are working on a new identity verification solution (a less centralized one).
OK, I'll check the suggested sites, and make some accounts to verify if no-KYC, then add them to the list in the OP.
@Wind_FURY
I can confirm there is no KYC there.
@Twentyonepaylots
It's not a matter to say we're at risk to see our information sold on the Dark web or wherever. It's a matter of financial privacy, the right to make financial transactions without the need to perform an ID verification for the sake of whatever AML regulation is in place.
That's the real point.
I can confirm there is no KYC there.
@Twentyonepaylots
It's not a matter to say we're at risk to see our information sold on the Dark web or wherever. It's a matter of financial privacy, the right to make financial transactions without the need to perform an ID verification for the sake of whatever AML regulation is in place.
That's the real point.
Why are people so scared of KYC? If one of the transactions goes wrong, will you provide enough information for managers to handle your problem?
KYC should not only send to projects that are raising funds, because they can sell our information to businesses for money. but not for large exchanges, you should trust them and create yourself the safest trading environment possible.
Ever heard of news where stolen user IDs and documents are being sold on the darkweb. What if your ID and other sensitve documents of yours which you entrusted with the so called "safe exchanges" are used for ivery serious criminal acts such as terrorism?KYC should not only send to projects that are raising funds, because they can sell our information to businesses for money. but not for large exchanges, you should trust them and create yourself the safest trading environment possible.
How are you going to convince the law enforcement agencies that it wasn't you?
When you are on the internet, Never have a short-sighted way of thinking or else you will be a victim
Well, I don't believe on this since I have not read a story about the sold identity online that claims it was first sold by the exchange. This can happen, but not including the exchange at first hand. When you are on the internet, Never have a short-sighted way of thinking or else you will be a victim
I have hear really good reviews about Bisq, i use Localbitcoin but i will give a try to Bisq, seems like many people like it, and no KYC.
BaseFEX is a derivative exchange that doesn't require KYC but has decent volume which is getting increasingly rare these days, among derivative exchanges.
They even have made a page about it.
hmmm ... why are people trying to trade at unfamiliar exchanges without doing kyc? If one day they cheated people and stole all the money, what would people think?They even have made a page about it.
I personally find that exchanges too easy on traders to be suspicious. because they don't care about the interests of the traders, they only care about their money. KYC is a simple form, but it can protect your assets when you encounter a problem. We just shouldn't provide KYC for fraudulent projects but provide it to protect our assets!
I discovered this blog today while looking for a no-KYC exchange for person to person trading. It has a good list of LocalBitcoins alternatives.
If some of you have used some of these exchanges, post your review. Thanks.
https://medium.com/@cointastical/p2p-otc-exchanges-e-g-localbitcoins-bisq-hodlhodl-etc-20f293a2c72e
Bisq client [NO KYC]
https://bisq.network/
HodlHodl [NO KYC] Not available in the U.S.
https://hodlhodl.com/
LocalCoinSwap [OPTIONAL KYC (i.e., your listing, your terms)]
https://localcoinswap.com/
Local Lightning [NO KYC] (Launched, April 2019)
https://www.locallightning.net/
Moontrade [NO KYC]
https://www.moontrade.org/buy.php
Counter.Network [OPTIONAL KYC]
https://counter.network/
Wall Of Coins [NO KYC]
https://wallofcoins.com/
Payfair [NO KYC]
https://payfair.io/
BuyCrypto.Today [NO KYC]
https://buycrypto.today/
BitQuick [NO KYC (when trx amount is under $400)]
https://www.bitquick.co/buy
Totalcoin mobile app [NO KYC (other than phone number verification)]
https://totalcoin.io/buy-sell-bitcoin
Mycelium Local Trader mobile app [NO KYC]
https://mycelium.com/lt/help.html
CryptoMap.me [NO KYC]
https://www.cryptomap.me/
BitHalo software [NO KYC]
https://bithalo.org/
OpenBazaar [NO KYC]
https://openbazaar.com/discover/results/?type=cryptocurrency
If some of you have used some of these exchanges, post your review. Thanks.
https://medium.com/@cointastical/p2p-otc-exchanges-e-g-localbitcoins-bisq-hodlhodl-etc-20f293a2c72e
Quote
Bisq client [NO KYC]
https://bisq.network/
HodlHodl [NO KYC] Not available in the U.S.
https://hodlhodl.com/
LocalCoinSwap [OPTIONAL KYC (i.e., your listing, your terms)]
https://localcoinswap.com/
Local Lightning [NO KYC] (Launched, April 2019)
https://www.locallightning.net/
Moontrade [NO KYC]
https://www.moontrade.org/buy.php
Counter.Network [OPTIONAL KYC]
https://counter.network/
Wall Of Coins [NO KYC]
https://wallofcoins.com/
Payfair [NO KYC]
https://payfair.io/
BuyCrypto.Today [NO KYC]
https://buycrypto.today/
BitQuick [NO KYC (when trx amount is under $400)]
https://www.bitquick.co/buy
Totalcoin mobile app [NO KYC (other than phone number verification)]
https://totalcoin.io/buy-sell-bitcoin
Mycelium Local Trader mobile app [NO KYC]
https://mycelium.com/lt/help.html
CryptoMap.me [NO KYC]
https://www.cryptomap.me/
BitHalo software [NO KYC]
https://bithalo.org/
OpenBazaar [NO KYC]
https://openbazaar.com/discover/results/?type=cryptocurrency
Another one where there's no KYC is Vertex, which I really enjoy using. Would definitely recommend for ease of use purposes, as well as diversity in the coins that they offer. Fees are super low too.
Why are people so scared of KYC? If one of the transactions goes wrong, will you provide enough information for managers to handle your problem?
KYC should not only send to projects that are raising funds, because they can sell our information to businesses for money. but not for large exchanges, you should trust them and create yourself the safest trading environment possible.
Ever heard of news where stolen user IDs and documents are being sold on the darkweb. What if your ID and other sensitve documents of yours which you entrusted with the so called "safe exchanges" are used for ivery serious criminal acts such as terrorism?KYC should not only send to projects that are raising funds, because they can sell our information to businesses for money. but not for large exchanges, you should trust them and create yourself the safest trading environment possible.
How are you going to convince the law enforcement agencies that it wasn't you?
When you are on the internet, Never have a short-sighted way of thinking or else you will be a victim
BaseFEX is a derivative exchange that doesn't require KYC but has decent volume which is getting increasingly rare these days, among derivative exchanges.
They even have made a page about it.
They even have made a page about it.
LocalEthereum has started accepting Bitcoin, and has rebranded to "LocalCryptos", https://localcryptos.com/
I browsed the FAQ, I didn't find anything said about KYC. Are there people here who have already tried it?
I browsed the FAQ, I didn't find anything said about KYC. Are there people here who have already tried it?
Why are people so scared of KYC? If one of the transactions goes wrong, will you provide enough information for managers to handle your problem?
KYC should not only send to projects that are raising funds, because they can sell our information to businesses for money. but not for large exchanges, you should trust them and create yourself the safest trading environment possible.
KYC should not only send to projects that are raising funds, because they can sell our information to businesses for money. but not for large exchanges, you should trust them and create yourself the safest trading environment possible.
If something goes wrong, they should have enough information to correct the issue. I shouldn't have to send them pictures of my identification and me holding it while reciting the alphabet backwards to fix it. I don't hold currency on any exchange, so if something goes wrong, it's probably with a deposit or a withdrawal. There's no reason they would need any information to fix that. Also, I use 2fa and get notifications everytime I log into my account so it's not likely someone gets on there without me knowing.
Plus cryptocurrency exchanges are not truly regulated, and are not liable, or answerable to any government if it gets hacked. Trusting them to hold all your personal identification and information would be stupid.
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