trade without id verification? - page 7.

ginobitcoiner

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Quote from: airdagon on March 06, 2019, 12:13:42 AM

There are lots of exchangers that don't require ID verification to trade or withdraw money, and one of them is binance, it is the best amrket now with good volume and trust.

ID verification of users of an exchanger is certainly very good to do because then the manager can find out the identity of the traders who trade on their exchanger.
because actually Binance also applies ID verification for large amounts of withdrawals.

pundit

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Quote from: buill on December 28, 2018, 10:27:44 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

Many well known crypto exchanges like Binance allow traders to trade w/o KYC but deposit and withdrawal limit is less like 2 BTC/day. I think this limit is more than enough for any individual trader, if your daily volume is not too high you can chose any of such known exchange, there is no issue trading with them w/o KYC. For higher deposit and withdrawal limit almost every crypto exchange requires KYC verification on all individual traders. Good crypto exchanges rarely call anyone to experience their services, I have account with many crypto exchanges but never receive call from any of them.

akram143

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Quote from: buill on December 28, 2018, 10:27:44 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 will not need the ID verification if you getting a lesser amount and it will be less than to Bitcoin you cannot give the ID verification but more than that you will definitely put the your verification proof for the transaction.

RedArcher

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Quote from: buill on December 28, 2018, 10:27:44 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

I guess that getting calls is rather quite a rare thing. anyway, there are lots of exchangers and exchanges which do not require any details except e-mail. I tried to use coinbase, coinmonkey but now switched to b2bx which is quite nice one

sana54210

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It is better to really trade on exchanges with high volumes and has a list of most coins on them which majority of them requires KYC and personally, I don’t think KYC registration is a big deal to me since I don’t have any skeleton in my pocket to hide. Virtually everyone has means of I.D and details requested for by these exchanges.

Most people that are scared of KYC are gamblers I think, probably they are scared that their identity will be disclosed or what? I really don’t understand why people make issue from these KYC of a thing.

whirlcoin

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Quote from: Tytanowy Janusz on December 28, 2018, 10:41:55 AM

Binance dont need KYC and enable trading between altcoins and withdrawing up to 2 bitcoin per day. More than 2 bitcoin require KYC.

is it will not required kyc for this transaction but more than two Bitcoin you will definitely need to put your ID verification and make it possible.

panganib999

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Some exchange do not require it as long as you are going to obey all their policy since you are anonymous to them and there are just limits for sure. Some exchange requires KYC procedure, obviously to track their user and its personal history like committed crime or whatsoever so they can refuse or accept the user.

blackhawkeye1912

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Quote from: buill on December 28, 2018, 10:27:44 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

most of the exchange has a limitation to their platform once you meet or reach the peak amount of their withdrawal, whether you like or not you still need to submit kyc. But as long as your not reaching it, you can still trade whatever you want it to do.

airdagon

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There are lots of exchangers that don't require ID verification to trade or withdraw money, and one of them is binance, it is the best amrket now with good volume and trust.

shesheboy

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Quote from: malikusama on March 05, 2019, 07:08:03 PM

ID verification is not a big deal i think if you are not doing something illegal.

its not a big deal for you but for some , it is . the reason why they use crypto is because of anonimity and now if they are required to use a kyc , then what do you think is the purpose of bieng anonymous if your privacy will be exposed ? sure other will do a kyc but what if the ico or an exchange is fraud/scam ? thier identity is also at risk aside from the cash that they lost .

Quote from: malikusama on March 05, 2019, 07:08:03 PM

Now the process is much more efficient than in past, they can verify you in hours if you provide them with all details they need. All top exchanges with good volume and reputation needs ID verification, they will limit your withdrawals if you don't verify your account.

thats righ meyt . kyc is mainly used for uplifting your limits but its not a primary requirement if you are only a small time trader . another thing , i think dex or decentralized exchanges do not have a kyc because they arent regulated .

leowonderful

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I typically go through a P2P exchange service like Paxful or LBC for a fiat-to-crypto transfer without KYC (though you'll likely pay a premium for this on certain payment methods), and I use Binance for trading crypto-to-crypto without KYC. There's plenty of smaller exchanges out there that also don't require KYC for operation, but volume is typically pretty low on them and I would much rather trade with a more established exchange than a smaller and newer one.

malikusama

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ID verification is not a big deal i think if you are not doing something illegal. Now the process is much more efficient than in past, they can verify you in hours if you provide them with all details they need. All top exchanges with good volume and reputation needs ID verification, they will limit your withdrawals if you don't verify your account.

Hannahanto

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As said by many here, not all exchange require id verification. What happens when we open up an account is, an email is shooted out to the email address we register with. We have to click on the link provided. Then it get registered. Then just go about trading. We do have few exchanges do require KYC. Still you can choose the best exchanges.

Goodvalony

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all exchanges doesn't need KYC for trading.withdrawal limitation is where kyc comes in. but there are exchanges that allows trading without kyc full trading. probit. kyber network. these are exchanges that allows full time trading without KYC. trade at your own peril.

ReiMomo

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Quote from: buill on December 28, 2018, 10:27:44 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

When we do register, email verifiacation is done by almost every exchange. I know yes coinbase and few new exchanges like INV, Dacxi do require ID verification. Good to have such system as well. Remember to have 2FA authendication activated from your end to have your assets secured.

bravehearth0319

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On the platform that belongs to top 30 at the coinmarketcap, you can freely trade to their exchange as long as you're not reaching the limits of their withdrawal they won't ask KYC from the traders. But once you reach its limits, you are oblige to submit KYC whether you like or not that's the rules of their exchange as well.

Coin-Desk

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Never trade without verification. Because IDs can be canceled at any time without verification. So, I think before trading, you must take the verification of the ID. I know that many do not want to do ID verification. Because they think it's a lot of trouble. Besides, many people think that ID verification will reveal their identity. So many people do not want to do ID verification.

But ID verification is very easy to implement. There is no trouble in this. Now, most of the websites have to do ID verification prior to trading. If not, trade cannot be done. Again there are some websites where ID verification is not required for trading. Trade can be done without verification. But I think it's not safe.

Thank you.

Noa_Amable

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Quote from: buill on December 28, 2018, 10:27:44 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

well, there are some such exchanged which you can register and trade without being annoyed. try b2bx

emmybd

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Binance is the best exchange you can trade without getting the verification done and you can withdraw up to 2 bitcoin per day. I think that it is enough and you don't need more than that.

semobo

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Quote from: kakonhat on March 05, 2019, 03:00:59 AM

Quote from: buill on December 28, 2018, 10:27:44 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 have many trading exchange sites who give you offer to trade without KYC verification. You can trade Binance, Bittrex, Kucoin and more trading exchange sites without KYC verification. Yes, if you verify the KYC on those exchanges sites then your withdraw limit will be increased.

Yes for now no KYC means smaller withdrawal limit but in future it may change as well if the exchanges want to stop money launder and any illegal activities.

Topic: trade without id verification? - page 7. (Read 1820 times)