trade without id verification? - page 4.

iqlimasyadiqa

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Quote from: Ipwich on April 01, 2019, 04:39:47 AM

Quote from: Malsetid on April 01, 2019, 02:17:16 AM

Binance does have restricted trading functions though if you're not kyc verified. As with most exchanges. You can only deal with limited amounts of coins if you don't verify your identity. I don't see any issues with that but if you're a beginner, then you can practice trading with small amounts without giving out any personal info or id.

Binance does not require KYC for transactions 2 BTC and below, that is good enough as most traders does not even withdraw 2 BTC a day.
Also, they don't restrict making different accounts, so if your limit with 2 BTC is over, you can make accounts for your brother or parents, just make sure you provide the right info, so in case you are required to KYC, you can have it verified.

But remember that verification is very important and I think that is the easiest thing to do. there are so many benefits that we get when we do kyc. let's just take a few minutes and we can get excellent service in various exchanges. maybe for some people this is a difficult thing, but the fact is that if you really have an account honestly then you must be ready to do the account.

Noa_Amable

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Quote from: BeGoods on April 01, 2019, 05:15:30 AM

Quote from: Bushrat Jahan on March 31, 2019, 03:18:18 PM

Quote from: buill on December 28, 2018, 09:27:44 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

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

the more popular exchange is - more traders have accounts and make deals on the exchange. nowadays exchanges make step into the future, they start offering fiat and margin trading.
so, when it comes to fiat it inevitably requires kyc and aml procedures.

BeGoods

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Quote from: Bushrat Jahan on March 31, 2019, 03:18:18 PM

Quote from: buill on December 28, 2018, 09:27:44 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

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

sidkz

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Yes, a lot of these exchanges

https://www.digifinex.com
https://yobit.net
https://latoken.com
https://www.dcoin.com
https://crex24.com
https://hitbtc.com

but if you search you can find a lot

leavolnhals

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Quote from: buill on December 28, 2018, 09:27:44 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

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.

armarsterling7

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Quote from: buill on December 28, 2018, 09:27:44 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

Digifinex is also an example. You can register an account only with email and can trade there and can withdraw up to 1 BTC per day. If you withdraw more than that number, you need to KYC to get more withdrawals.

wall101

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Other exchanges platform dont need some I.D verification to start trading because many of them required only a gmail and username and password. But it depends only a people what exchanges they gonna suited for them.

Ipwich

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Quote from: Malsetid on April 01, 2019, 02:17:16 AM

Binance does have restricted trading functions though if you're not kyc verified. As with most exchanges. You can only deal with limited amounts of coins if you don't verify your identity. I don't see any issues with that but if you're a beginner, then you can practice trading with small amounts without giving out any personal info or id.

Binance does not require KYC for transactions 2 BTC and below, that is good enough as most traders does not even withdraw 2 BTC a day.
Also, they don't restrict making different accounts, so if your limit with 2 BTC is over, you can make accounts for your brother or parents, just make sure you provide the right info, so in case you are required to KYC, you can have it verified.

Malsetid

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Quote from: cydrix on March 31, 2019, 03:39:54 PM

Quote from: buill on December 28, 2018, 09:27:44 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

If you appreciate the anonymity of your identity like some other traders also I think the best exchange there is that doesn't require KYC verification would be Binance for some but for me it is regardless for it's design I think it would be more suited for beginners but if you are are bulky buyer I think you would need to have a verification just in case of security measures for some exchange to reduce the risk of fraud.

Binance does have restricted trading functions though if you're not kyc verified. As with most exchanges. You can only deal with limited amounts of coins if you don't verify your identity. I don't see any issues with that but if you're a beginner, then you can practice trading with small amounts without giving out any personal info or id.

mapanlah

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The average exchange market runs without requiring user verification data with certain conditions, you can crosschek directly by creating an account on each of these exchanges, unless your daily transactions are above average. If you remain unsatisfied, you can try a market that has a decentralized system such as idex etc.

cydrix

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Quote from: buill on December 28, 2018, 09:27:44 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

If you appreciate the anonymity of your identity like some other traders also I think the best exchange there is that doesn't require KYC verification would be Binance for some but for me it is regardless for it's design I think it would be more suited for beginners but if you are are bulky buyer I think you would need to have a verification just in case of security measures for some exchange to reduce the risk of fraud.

Bushrat Jahan

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Quote from: buill on December 28, 2018, 09:27:44 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

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.

jrrsparkles

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Quote from: LimLims on March 29, 2019, 10:05:43 AM

There are many sites or exchanges (maybe) who doesn't require identity verification.
I can recommend you the most trusted site, the Bittrex and Binance.
They really dont need any identity verification I guess.
Moreover it's always good to go with reputable sites. They are most reliable ones.They never turn into scams.
So this is the one and only site that can recommend you.
Hope you got your answer

They have ID verifications but when someone doing trader with smaller daily limit then there is no verification needed,juat simple registration is enough and also by using this exchange we can get better price and low fee when compared to the anonymous exchanges.

swetka

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Quote from: Gridness on March 29, 2019, 10:47:28 AM

Quote from: buill on December 28, 2018, 09:27:44 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

Binance, HitBTC not required ID verification but limit for withdraw is limited. and everything is up to you

in any case, I believe that this particular system, which the trading exchanges you named offer, is very profitable. Well, because they give the user a choice. Recently, categorical conditions regarding the provision of passport data are everywhere and everywhere, and many users of cryptocurrency do not agree with them. But there is a choice here.

Gridness

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Quote from: buill on December 28, 2018, 09:27:44 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

Binance, HitBTC not required ID verification but limit for withdraw is limited. and everything is up to you

LimLims

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1xbit.com

There are many sites or exchanges (maybe) who doesn't require identity verification.
I can recommend you the most trusted site, the Bittrex and Binance.
They really dont need any identity verification I guess.
Moreover it's always good to go with reputable sites. They are most reliable ones.They never turn into scams.
So this is the one and only site that can recommend you.
Hope you got your answer

sana54210

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Quote from: BlackPanda on March 28, 2019, 02:33:13 AM

Quote from: OrangeII on March 28, 2019, 01:25:31 AM

Quote from: wayaneka on March 27, 2019, 11:08:41 PM

Other recomendation is use decentralized exchange like waves platfform and IDEX, decentralized exchange is more safe because we own the private key so that mean we have full control with the all coins in that platform.

you are right. besides that some exchangers make it easy for users to be able to trade without the need to do it, but with certain limitations. however, if it's hard enough for you, you can use a decentralized exchanger.

But ID verification is an easy thing to do, it is a condition that is easily fulfilled and with these features, the service will improve. The security of an exchange will be even better. I find it strange why there are still people who have difficulty doing this step, this is an easy thing that can provide improvements in exchange services around the world.

Most people that are scared of doing this might actually be scared of getting caught or people knowing their identity when they carry out a transaction that will affect a lot of people negatively, most altcoins that ended up scamming people and dumping the coin so the project can crash and people will forget about it, do you think they will find it easy doing KYC knowing fully well that their identity might be known and probably shown, what of people that will want to launder money through the system, do you think they won’t have problem with KYC?

We also have some dignities too that might not want anybody to be aware of their involvement in Cryptocurrency since it has still not been legalized and they desire to invest.

wxxyrqa

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Quote from: Hannahanto on March 28, 2019, 03:11:05 PM

ID verification is requested to avoid legal issue get in unnecessarily. Few countries do have restriction on their citizens getting into crypto market. This would be main reason behind asking for the id verification. We do have security purpose as well. I would say its a better practice to go trade with id verification. Few exchanges do not require it since they may be new and would require a market growth.

I think that with the current state of the cryptocurrency market and the growing percentage of fraud, it is still better to pay attention to many risks in their activities. If there are certain factors to abstain from, then it is better to do it.

thinkright

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There are a whole lot of crypto exchanges that required basic information to get started. The majority of them requires KYC for traders who withdraw huge amounts. WIth basic info like email you can trade on coinex.com and xch4nge.com. These are exchanges i personally use.

Tungsten-1

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Quote from: freedomgo on March 27, 2019, 02:22:24 AM

Quote from: sidkz on March 26, 2019, 09:36:28 AM

I also have a constant problem in passing KYC, I don’t want to send my data to them, there are even exchanges where I have a balance, I just dropped it, let 0.55 ETH hang there, then the rules can change.

Some sites required verification if they are also required to make it compulsory for their traders, they are under the law, so they have to follow.
But one site that is popular now does not require KYC so far, and maybe this is only for a small amount of trade, but if you are not a big trader, you can use Binance exchange for this matter, this will help you solve your problem.

I have a lot of accounts in different exchanges but most of them requires a KYC and actually I did comply as I don't want to have possible problem in the future. Actually it's up to you, for me, I have nothing to hide, so I can comply as long as the trust is reputable.

Yeah some use it and some don’t it is all about our own safety and our benefits nothing else, id verification is about having some information about trader so that in case of problem backup team will have the chance to fix it for us, so trading without id verification is possible but it is a little hard as only few sites allows it.

Topic: trade without id verification? - page 4. (Read 1842 times)