P2P without KYC (high values) | Bitcointalksearch.org

hugeblack

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Quote from: tbct_mt2 on January 13, 2022, 06:47:12 AM

However, what is lower transaction fee? I don't understand that part. As I know, exchanges or Peer-to-peer exchanges will charge you fix trading fee which is in percent of your trade value. Your trade partners no matter they are newbies, VIP or trusted ones, don't affect transaction fee or trading fees of your trades with them.

When you gain the trust of a party you eliminate the need to pay third party fees and when you do more transactions with the same person the fees will be lower instead of trying to find a new trusted member.
For example, when you deal with a legendary member with moderate trust, you will initially need to use escrow (additional fees) and then they can make weekly transfers of medium amounts without being afraid of scam.

In addition, for example, in my country, when you receive a transfer from an unknown person and then receive a fixed amount of transfers every period, the bank rarely considers this activity suspicious, but when you make several transfers with unknown persons and from multiple countries, your account will be frozen and you will be asked for more fees to verify transactions.

rmhuntley

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HALA MADRID

Quote from: o_e_l_e_o on January 13, 2022, 07:28:49 AM

Quote from: tbct_mt2 on January 13, 2022, 06:47:12 AM

Your trade partners no matter they are newbies, VIP or trusted ones, don't affect transaction fee or trading fees of your trades with them.

I think he means the fee will be lower when compared to centralized exchanges, which charge you ridiculous withdrawal fees way above the amount necessary to cover the transaction fees.

Having said that, I have used peer to peer exchanges for so long now that there are a small handful of people in my local area I have traded with so many times that I now trade with them directly without using the peer to peer platform we used previously. This exposes both of us to a higher risk since we are now not using the escrow provided by said platforms, but since we have built up mutual trust over the years we can now trade without paying platform fees or additional transfer fees to and from the escrow, as well as giving each other better rates.

My mind understood he looking for exchange without using KYC, have many exchange listed without KYC just limited withdrawing under 2 BTC every day depend with exchange rule, maybe OP can try with KUCOIN have limited withdraw under 2 BTC, LBANK have above 3 btc withdrawing every day and many other exchange market not have to pass KYC. but most safety using binance and pass kyc is better way because only binance as experience exchange market.

o_e_l_e_o

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Quote from: tbct_mt2 on January 13, 2022, 06:47:12 AM

Your trade partners no matter they are newbies, VIP or trusted ones, don't affect transaction fee or trading fees of your trades with them.

I think he means the fee will be lower when compared to centralized exchanges, which charge you ridiculous withdrawal fees way above the amount necessary to cover the transaction fees.

Having said that, I have used peer to peer exchanges for so long now that there are a small handful of people in my local area I have traded with so many times that I now trade with them directly without using the peer to peer platform we used previously. This exposes both of us to a higher risk since we are now not using the escrow provided by said platforms, but since we have built up mutual trust over the years we can now trade without paying platform fees or additional transfer fees to and from the escrow, as well as giving each other better rates.

KingsDen

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Goodnight, o_e_l_e_o 🌹

Quote from: o_e_l_e_o on January 10, 2022, 09:10:51 AM

Which part specifically is worth it? The part where you risk identity theft and having your documents sold on the black market by completing KYC? Or the part where you lose all security by depositing your money to a centralized exchange? Or maybe the part where you have zero privacy as the exchange monitors your deposits, withdrawals, and transactions, and shares/sells that information with/to a bunch of third parties? Or maybe you mean the part where you lose all sovereignty over your money and allow a faceless stranger somewhere in the world to decide whether or not you are allowed to access your money? Or maybe the frankly ridiculous fees of tens or even hundreds of thousands of sats they charge you for all this?

An honest review of OP will show that he is not concerned about the crucial points you listed above. His only notable interest is how to evade tax imposed by his government. Meanwhile, he has already completed KYC with binance and maybe some other platforms.

Quote from: hugeblack on January 13, 2022, 06:01:25 AM

...but it is better to start with amounts less than 1,000 until you master enough experience.

Very good advice. Whenever I want to use p2p, I always check the reputation of the other party, number and volume of transactions.
A transaction with a new user with high volume does not always end well, especially in countries where government uses p2p agents to track citizens into cryptocurrencies.

tbct_mt2

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Quote from: hugeblack on January 13, 2022, 06:01:25 AM

When you find a reliable person, the transaction will be faster and the fees will be lower

I don't totally understand it.

With trusted trade partners with good reputation points or trust feedback or with VIP, expert, and special badges, you can have more reliable trades. It is very rarely to see such trade partners will scam you. Almost no. I agree with you with this part.

However, what is lower transaction fee? I don't understand that part. As I know, exchanges or Peer-to-peer exchanges will charge you fix trading fee which is in percent of your trade value. Your trade partners no matter they are newbies, VIP or trusted ones, don't affect transaction fee or trading fees of your trades with them.

hugeblack

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Peer-to-peer trading depends mainly on the number of traders and the method of trading. When you find a reliable person, the transaction will be faster and the fees will be lower, and the platform will provide the necessary guarantee to complete the process smoothly, but again without mentioning your country and payments method, members’ experiences will not help you much.

I have a bad experience with a member from Localcryptos.com, the positive side is that I was not scammed and the other party dealt well with me, but I lost some money as fees and I could not complete the process due to the restrictions of the third party imposed by banking services.

So keep in mind that some of these people's bank accounts may have some red lines in your country (because they do a lot of transfers)

Generally, as I mentioned above, the experience will differ from one user to another, but it is better to start with amounts less than 1,000 until you master enough experience.

Bitcoin_Arena

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฿itcoin for all, All for ฿itcoin.

Quote from: fravenne72 on January 10, 2022, 09:56:33 AM

Hi I was trying to send a private message to but it says : User 'raincharger' has not chosen to allow messages from newbies. You should post in their relevant thread to remind them to enable this setting. Please change it so i can message you thanks Wink

Why not help him here. Why do you want to PM him?

You sound like a scammer.

Quote from: raincharger on January 09, 2022, 08:45:40 PM

Does anyone used localcryptos.com? My i ask how was the experience?

I have used localcryptos a number of times and experience has been smooth except for trouble if the volume is big and high fees if you try to use Ethereum.

I would also like to caution you that certain law enforcement agents infiltrate the p2p platforms from time to time. So if you are trying to evade the tax which we all hate. Watch your back

Here is the most recent one on localcryptos - The IRS Goes Undercover As A Bitcoin Trader In $180,000 Sting

tbct_mt2

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Quote from: davis196 on January 11, 2022, 07:09:53 AM

The sad truth is even when the P2P exchange platform doesn't require ID verification,many traders on that platform will require ID verification(on the first trade with them),because they don't trust you and are too afraid of getting scammed.

If I have to cope with such things on P2P platforms, I will not use them. I can use DEX as alternative because if I am ready to share my identity, it's better for me to use centralized exchanges that bring bigger trading volume, multiple types of orders, no scam.

I will not to leak my identity and still have to face with scam risks.

davis196

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The sad truth is even when the P2P exchange platform doesn't require ID verification,many traders on that platform will require ID verification(on the first trade with them),because they don't trust you and are too afraid of getting scammed.Wanting to buy big amounts of BTC can also raise some reg flags,especially if you are using a suspicious payment method that can be reversed.
Perhaps you should lower your expectations and try to buy smaller amounts of BTC.Be careful with the traders with whom you are dealing on P2P platforms.Some of them might be scammers,even though they have multiple positive reviews and great feedback/reputation.

tbct_mt2

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Quote from: Maus0728 on January 09, 2022, 09:01:19 PM

You can refer to the link above to get some other people's review about their services. But overall, the most common used and recommended are:
- https://bisq.network/
- https://hodlhodl.com/
- https://localcryptos.com/

Issues with P2P without KYC is their trading volume is very low. Unfortunately if you want to find P2P marketplaces with higher trading volumes, they do require KYC to start trading.

And if I have to do KYC for P2P trading, I would prefer to do KYC on CEX for trading which will give more safety, higher volume, lower spread and less risk to be scammed.

LeGaulois

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He will rarely find an offer on Bisq to buy or sell for $10 000 at once. Additionally, since he may have limits ( because with some payment methods you can't transact more than $x,xxx every X days) it may be harder for him. Not to mention he needs bitcoins to start to use it and IIRC he will also have a limit because the bank account will be new to the system.

These are the current offers sorted with the highest amounts (all methods included). And no, I'm not going to keep the software online for 24 hours to see if a $10,000 offer appears, but it gives you an idea.

As for Hodlhodl and Localcryptos, because they're non-custodial it doesn't mean they're decentralized. P2P doesn't always mean decentralization as well

Quote

So i'v been studing the entire week and found localcryptos.com, wich does not require infos but some trader do.

That's because the laws in their country require to keep track of every information for each trade (including name) for taxes purposes and AML. In other words, they don't really have the choice to abide by the laws.

OmegaStarScream

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Quote from: raincharger on January 09, 2022, 08:45:40 PM

-snip-
Does anyone used localcryptos.com? My i ask how was the experience?

I wanna go all in if btc hits 35k.

The platform is pretty good. The UI is simple and user-friendly, although I do think they should work more on their filtering system.

IMO, the only problem with the platform is the liquidity, especially if you're trying to buy or sell something that not so many people use.

Edit: Be careful with anyone PMing you. They might try and scam you.

fravenne72

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Hi I was trying to send a private message to but it says : User 'raincharger' has not chosen to allow messages from newbies. You should post in their relevant thread to remind them to enable this setting. Please change it so i can message you thanks Wink

o_e_l_e_o

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Quote from: Ararbermas on January 10, 2022, 08:50:28 AM

If i were you get those platform that requires kyc because its worth it indeed

Which part specifically is worth it? The part where you risk identity theft and having your documents sold on the black market by completing KYC? Or the part where you lose all security by depositing your money to a centralized exchange? Or maybe the part where you have zero privacy as the exchange monitors your deposits, withdrawals, and transactions, and shares/sells that information with/to a bunch of third parties? Or maybe you mean the part where you lose all sovereignty over your money and allow a faceless stranger somewhere in the world to decide whether or not you are allowed to access your money? Or maybe the frankly ridiculous fees of tens or even hundreds of thousands of sats they charge you for all this?

Quote from: Ararbermas on January 10, 2022, 08:50:28 AM

you can assure your money is in a safe hand

For every one case of someone losing funds due to a DEX, I could show you 1000+ cases of someone losing funds due to a CEX. They are not safer.

Ararbermas

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Quote from: raincharger on January 09, 2022, 08:45:40 PM

Hi guys.

I'm not the kind of person who daytrade or swing.
I use another way to buy/sell, using priceaction.

That means, that when i get in, i go in rounds of 10k.

Now, Binance enforced KYC and my country is getting all info from Binance to force us to pay taxes.

Funny, when we lose the gov is not there, but when we win, they want a piece.

So i'v been studing the entire week and found localcryptos.com, wich does not require infos but some trader do.

First thing i notice: its very hard to find 10k offers and when they to, they use payment forms that i'm not related to.

Does anyone knows a good place for P2P without KYC?
Does anyone used localcryptos.com? My i ask how was the experience?

I wanna go all in if btc hits 35k.

actually there are some platforms that accept p2p without kyc but we cannot guarantee if they're legitimate because mostly are frauds that offer such features.. So better think about it.. If i were you get those platform that requires kyc because its worth it indeed, wherein you can enjoy their full features and at the same time you can assure your money is in a safe hand. That's what i can say based on my experience..

o_e_l_e_o

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Quote from: raincharger on January 09, 2022, 08:45:40 PM

Does anyone knows a good place for P2P without KYC?

The three sites listed above are the best options. You may also find others you like here: https://kycnot.me/

Speaking more generally, you will struggle to make a single trade for $10k worth if you are brand new to these platforms. Established traders will be understandably hesitant to trade large volumes with a brand new user with no trading history. The best option is to use these platforms long term to build up age and reputation on your account, although I appreciate that doesn't help you in the short term.

Trading options can also be limited depending on your geographical location. Try broadening your search. If you don't find any offers you like, then consider posting your own and waiting for someone to accept it.

You could also try the Currency Exchange board on this forum (https://bitcointalk.org/index.php?board=53.0), but again, as a brand new account with no reputation you will almost certainly need to use an escrow for your trades.

Oshosondy

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Quote from: Maus0728 on January 09, 2022, 09:01:19 PM

Help: A list of LocalBitcoin alternatives (P2P marketplaces)

Some list exchanges are centralized exchanges while some require kyc also. I do not think while referring to no kyc P2P we need to mention anything like localbitcoins because the site now require kyc, this can let people to think localbitcoins is not requiring kyc.

Quote from: Maus0728 on January 09, 2022, 09:01:19 PM

You can refer to the link above to get some other people's review about their services. But overall, the most common used and recommended are:
- https://bisq.network/
- https://hodlhodl.com/
- https://localcryptos.com/

Yes this are the most recommended ones. I will suggest bisq for most decentralized but localcryptos and hodlhodl are also decentralized and far better than centralized exchanges for privacy.

Maus0728

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Help: A list of LocalBitcoin alternatives (P2P marketplaces)
List of P2P/no-KYC exchanges

You can refer to the link above to get some other people's review about their services. But overall, the most common used and recommended are:
- https://bisq.network/
- https://hodlhodl.com/
- https://localcryptos.com/

raincharger

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Hi guys.

I'm not the kind of person who daytrade or swing.
I use another way to buy/sell, using priceaction.

That means, that when i get in, i go in rounds of 10k.

Now, Binance enforced KYC and my country is getting all info from Binance to force us to pay taxes.

Funny, when we lose the gov is not there, but when we win, they want a piece.

So i'v been studing the entire week and found localcryptos.com, wich does not require infos but some trader do.

First thing i notice: its very hard to find 10k offers and when they to, they use payment forms that i'm not related to.

Does anyone knows a good place for P2P without KYC?
Does anyone used localcryptos.com? My i ask how was the experience?

I wanna go all in if btc hits 35k.

Topic: P2P without KYC (high values) (Read 182 times)