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Topic: trade without id verification? - page 3. (Read 1842 times)

full member
Activity: 1162
Merit: 101
April 10, 2019, 11:41:20 PM
Usually, in this case, such decentralized exchanges as forkdelta may be suitable, also idex does not require verification, the volumes there though small, but you can also trade
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
April 10, 2019, 10:50:08 PM
Now a days id verification or KYC is mandatory in every major exchange, so i happen to ignore all big exchanges whether it is bittrex or binance. I prefer decentralized exchange, though the volume is less there but i love them as i dont have any privacy concerns there.
yes, and I think this is a natural thing. however, there are still some exchangers who do not need to verify ID, or KYC to conduct low transactions. most exchangers also like that. well, this is an advantage for me who rarely make big transactions.
3x2
legendary
Activity: 1526
Merit: 1004
April 10, 2019, 10:14:57 PM
Now a days id verification or KYC is mandatory in every major exchange, so i happen to ignore all big exchanges whether it is bittrex or binance. I prefer decentralized exchange, though the volume is less there but i love them as i dont have any privacy concerns there.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
April 10, 2019, 10:10:42 PM
Binance dont need KYC and enable trading between altcoins and withdrawing up to 2 bitcoin per day. More than 2 bitcoin require KYC.
Well, you can't say that now of Binance because you must have to pass Level 1 verification before you can withdraw that 2btc daily. This level of verification is phone or Google authenticator verification. I do think it's a good thing anyway as it helps to further secure one's funds.
full member
Activity: 756
Merit: 102
April 10, 2019, 09:58:06 PM
There are sites that are not strict and they allow us to trade even without ID verification, and because of that they gain lots of traders.

binance gains alot of traders but they do require i.d verification . other exchanges don have i.d verification but why they dont get alot of traders  ?  its because of the volume , not the i.d or kyc that what attract traders the most   . that is the advantage of binance over other online exchages   .

We cannot deny the fact that there are people who don't want to share their information, so we need exchanges that does not require KYC.

yes almost all of us dont want that  to happen . we are working online and  we dont really know that person or the platform that we are dealing with  , thats why we dont give our personal infos easily   .  in the meantime  . kyc is not really necesary  . you can still use any exchange as long as you dont exceed with your limits  .
hero member
Activity: 1050
Merit: 529
Student Coin
April 10, 2019, 09:35:07 PM
I have and still trading on a well known exchange which do not verify individual's identity. It depends on the exchanges and where its from. Few countries do not allow their citizens to crypto platform, hence the exchanges do have rules on id verification to avoid issues. The reasons for verification may not be the same to each exchange.
The increasing number of exchange gives an ease to the traders.
There are sites that are not strict and they allow us to trade even without ID verification, and because of that they gain lots of traders.
We cannot deny the fact that there are people who don't want to share their information, so we need exchanges that does not require KYC.
full member
Activity: 826
Merit: 111
April 10, 2019, 02:33:40 PM
I have and still trading on a well known exchange which do not verify individual's identity. It depends on the exchanges and where its from. Few countries do not allow their citizens to crypto platform, hence the exchanges do have rules on id verification to avoid issues. The reasons for verification may not be the same to each exchange.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
April 10, 2019, 12:36:30 AM
hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks


I have tried trading with binance and they didn't require me to pass a KYC or any Id verification which made things more convenient. There are just exchanges which require Kyc and it still has an advantage because it helps and assures the security of our coins.
yes, some exchangers do not require KYC to trade. however, this has limitations. maybe above 2 bitcoin, you have to do a verification id. however the verification ID is done for those who make large transactions.
The exchange you are referring is Binance, yes until now they don't require KYC for that level of transaction.
I read some article that they might face some regulatory problem in the future, but I think they know what they are doing, so let's just enjoy what they offer which is to trade with ease.  If it will be change to fully required KYC, I hope that time their decentralized exchange will also be launch.
sr. member
Activity: 840
Merit: 268
April 09, 2019, 10:37:50 AM
Try opening an account in kucoin. In there, you just need to enable the 2fa and you're ready to trade on their platform and you can withdraw it easy. Huobi also like bitmex, that only  need email verification and you can now trade.
I don’t really understand why we all have issues with KYC except KYC requirement for each countries varies, the KYC documents that has been requested from me so far just a normal verification ID that will allow them know the user they are dealing with incase any fraudulent issue arises which they don’t use for any other personal things.

Most of these exchanges now require KYC, though the type of transaction you are also requesting to perform through them will determine the level of KYC the user will go through. If we feel our details will be used against us, is it not better we also verify the exchange first and be sure they are real, solid and genuine before making use of their platform.
I agree. KYC provides security for us also. It provides protection for your legal risk and you can have the perks for a verified user. It means that you can have more and more withdrawal in maximum. Sometimes if you are not verified you are capped by 2 BTC a day in Kucoin. I don't know if that changed but that's what I know from that exchange.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
April 09, 2019, 09:30:23 AM
hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks


I have tried trading with binance and they didn't require me to pass a KYC or any Id verification which made things more convenient. There are just exchanges which require Kyc and it still has an advantage because it helps and assures the security of our coins.
yes, some exchangers do not require KYC to trade. however, this has limitations. maybe above 2 bitcoin, you have to do a verification id. however the verification ID is done for those who make large transactions.
jr. member
Activity: 333
Merit: 1
Security and Privacy Features on the Blockchain
April 09, 2019, 08:23:38 AM
hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks
You can use Binance without verify any KYC ( know your customer). But withdrawal limit is only 2 Bitcoin every 24 hours. If you are a small trader then It's best exchange for you.       
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
April 09, 2019, 07:36:06 AM
hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks


I have tried trading with binance and they didn't require me to pass a KYC or any Id verification which made things more convenient. There are just exchanges which require Kyc and it still has an advantage because it helps and assures the security of our coins.
newbie
Activity: 8
Merit: 0
April 09, 2019, 03:25:42 AM
You could try Evolve - it's an anonymous crypto/forex broker, and all you need to register is an email account. And while I'm sure it's lacking some kind of legal protection, withdrawal takes a few hours and has so far been reliable. And the min deposit is nothing, so it's easy to try it out. You can trade both cryptos and forex, and they support mtf4, mt5, and their own web trader is available as well. Here's also an Evolve review for you.
hero member
Activity: 1358
Merit: 509
April 02, 2019, 04:31:05 PM
hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks
KYC verification enhance your security so i think it is needed but you haven’t any documents ti do that then you can trade in binance and hitbtc. Those are good exchange and almost all crypto are available there fir trading. Especially i prefer binance.           
I do not think KYC verification will provide security for us. It can only help about reducing pump-dump. Exchange is doing this to ensure their security.
Anyway, if you are looking for exchange for margin trading, you can try CEX.io.
hero member
Activity: 1092
Merit: 501
April 02, 2019, 02:41:10 PM
Long trade on Bittrex. Due to the fact that I registered a few years ago and am a long-time user, I did not even have to pass KYC. In the news and reviews I read that now to pass KYC on Bittrex is quite simple and fast.
Bittrex was one of the popular exchange before, and I have an account their and when they require for the KYC, I immediately comply and get approved.
Although I am not using it a lot today for trading, but I am confident that I will face no problem in case I will trade their in the future.
The market is moving and Bittrex could be popular again, also I miss Poloniex as well they are a good site and does not require KYC before.
That’s right you are having account at the same time you are having experience with trading so you must know id verification is important for our own security, but still I know its 2019 now so there are few sites which does not ask for us to provide us id verification for example KYC, but those who want quick and fast transaction of their coin they are happing paying fees along with id verification.
sr. member
Activity: 1071
Merit: 253
April 02, 2019, 01:51:52 PM
hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks
There are quite a lot of exchanges that allow us to trade and withdraw with a small amount of money without KYC. Binance, Huobi, Coinbene, ... if we only trade a small amount of money, we should not do KYC. because it only takes our time.
Yeah there are so many sites which gives safe and fast transaction but they consider id verification important as important the money is to invest, but some are not in demand of such verification which you have mentioned, but they gives very slow transaction, if can take one day or more than this, one more thing we can transact only 2 coins at once without id verification.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
April 02, 2019, 06:06:17 AM
Long trade on Bittrex. Due to the fact that I registered a few years ago and am a long-time user, I did not even have to pass KYC. In the news and reviews I read that now to pass KYC on Bittrex is quite simple and fast.
Bittrex was one of the popular exchange before, and I have an account their and when they require for the KYC, I immediately comply and get approved.
Although I am not using it a lot today for trading, but I am confident that I will face no problem in case I will trade their in the future.
The market is moving and Bittrex could be popular again, also I miss Poloniex as well they are a good site and does not require KYC before.
sr. member
Activity: 784
Merit: 255
April 01, 2019, 02:00:03 PM
Long trade on Bittrex. Due to the fact that I registered a few years ago and am a long-time user, I did not even have to pass KYC. In the news and reviews I read that now to pass KYC on Bittrex is quite simple and fast.
legendary
Activity: 3122
Merit: 1140
April 01, 2019, 12:39:54 PM
hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks
KYC verification enhance your security so i think it is needed but you haven’t any documents ti do that then you can trade in binance and hitbtc. Those are good exchange and almost all crypto are available there fir trading. Especially i prefer binance.          
what security do you mean ? security is good with the presence of 2fa, they do it only to know the identity of their users, or maybe it is the result of regulations mandated by the government. verification should not be mandatory, because some users have other opinions about freedom in crypto
Thats how crypto exchangers should work but we have seen even the most reputable exchangers like Poloniex,Bittrex,Bitfinex back in the years had fallen down
its rankings due on mandating KYC process which do really lost up interest on most traders.We have seen that Binance do took the spot yet you can able to
have 2btc withdrawal without any verification needed and thats we do seek on.
hero member
Activity: 1274
Merit: 513
April 01, 2019, 12:25:49 PM
Srill many exchanges site who are not required to pass your KYC because once they do that for sure the some of the trader will not trade to their exchanges site so until now they did not require it. If you noticed last year once the exchanhes site have KYC some of them are leave and find other exchanges site does not need KYC because even the trader don't want the rules of KYC. Binance is good to trade withou KYC needed.
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