Topic: Trading cryptocurrency for cryptocurrency without identity verification? (Read 1323 times)
January 07, 2018, 01:00:42 PM
you can trade in every exchange you want without any KYC, the KYC is required to level up your withdrawl limit as well if you want to cash out fiat, however if you want a better choice you can look at all decentralized exchang out there: BCO WAVESdex, BTS, ZRX based Relayers and so on
January 07, 2018, 12:11:35 PM
I'd like to trade small amounts of cryptocurrencies without having to do any sort of identity verification. I don't want to trade fiat at all. I'm only looking to trade small amounts of $25 to $100 worth of cryptocurrencies. I simply want to do this as a hobby without having to jump through any hoops. Are there any exchanges where I can do that?
Bittrex was a good option, but they are quickly moving towards more intensive verification levels and said they plan to implement mandatory basic verification for all accounts sometime in the future.
Yobit and Nova Exchange are the smaller exchanges with lots of altcoins and no KYC. There may be some other Chinese exchanges (Bter?) but I don't know them very well.
August 30, 2017, 12:45:34 PM
You can use liqui.io its never asked you about your id verification. so you can use it freely.also you can use poloniex.com , it may asked id verification for overcoming withdraw limit.if you upload id then you can withdraw a lot of Btc at once. cryptopia.co/nz is also a good site for trading without ID verification.
August 30, 2017, 09:53:32 AM
Bitcoin address remains anonymous. But for transactions, ID verify is needed, i believe it's for our good in long term. We are traders not money launderers. So, when ID verify is recommended, why not we do. And that if we assume crypto is precious.
August 30, 2017, 09:10:09 AM
Personally I like liberoptions
1. Fully anonymous,
2. Very small amount can be traded for beginners
3. The trading is not bounded to bitcoin rate.
The anonymity is the most cherished feature of the crypto currencies. You can own money more here than banks or governments allow you in practical world and that too without getting liable to taxes. Taxes are those viruses that infect everyone who is loyal with their country. 1. Fully anonymous,
2. Very small amount can be traded for beginners
3. The trading is not bounded to bitcoin rate.
August 29, 2017, 04:45:01 AM
I believe Kraken is an option too for small amounts.
I wouldn't enter one of these exchanges fully expecting to stay ID free forever though. There are endless examples of people having withdraws frozen until they provide docs.
You're playing on their platform and their rules. Eventually no ID will be a thing of the past everywhere other than decentralised options. The Man is closing in.
I wouldn't enter one of these exchanges fully expecting to stay ID free forever though. There are endless examples of people having withdraws frozen until they provide docs.
You're playing on their platform and their rules. Eventually no ID will be a thing of the past everywhere other than decentralised options. The Man is closing in.
August 29, 2017, 04:23:55 AM
Personally I like liberoptions
1. Fully anonymous,
2. Very small amount can be traded for beginners
3. The trading is not bounded to bitcoin rate.
1. Fully anonymous,
2. Very small amount can be traded for beginners
3. The trading is not bounded to bitcoin rate.
first of all OP is asking for a place to trade and according to a quick google search what you are introducing is a gambling site not a trading website aka exchange. here is the announcement: https://bitcointalksearch.org/topic/liberoptions-binary-options-trading-with-bitcoin-929836
secondly even if you are talking about something else than what I found, a website that is unknown and nobody has ever heard of it is not really a good choice for trading. and I can not find any information regarding this on the internet or this link: https://coinmarketcap.com/exchanges/volume/24-hour/ which is the list of exchanges. you better stay away from things like that.
August 29, 2017, 04:12:02 AM
Personally I like liberoptions
1. Fully anonymous,
2. Very small amount can be traded for beginners
3. The trading is not bounded to bitcoin rate.
The anonymity is the most cherished feature of the crypto currencies. You can own money more here than banks or governments allow you in practical world and that too without getting liable to taxes. Taxes are those viruses that infect everyone who is loyal with their country. 1. Fully anonymous,
2. Very small amount can be traded for beginners
3. The trading is not bounded to bitcoin rate.
August 28, 2017, 06:24:48 AM
Personally I like liberoptions
1. Fully anonymous,
2. Very small amount can be traded for beginners
3. The trading is not bounded to bitcoin rate.
1. Fully anonymous,
2. Very small amount can be traded for beginners
3. The trading is not bounded to bitcoin rate.
August 28, 2017, 04:30:01 AM
I think you are confused with use of cryptocurrencies. They do not need identification at all to do the exchanges. The fiat when taken from your bank account will be the one who will ask for the verification process.
To do the exchanges, buy/sell of the crypto currency you just need supported wallet and most important the exchanger platform where you will actually do the exchanges of two different coins. They will not ask you identification. Not even email ID, lols, that's the beauty of crypto world.
To do the exchanges, buy/sell of the crypto currency you just need supported wallet and most important the exchanger platform where you will actually do the exchanges of two different coins. They will not ask you identification. Not even email ID, lols, that's the beauty of crypto world.
August 28, 2017, 12:50:47 AM
I'd like to trade small amounts of cryptocurrencies without having to do any sort of identity verification. I don't want to trade fiat at all. I'm only looking to trade small amounts of $25 to $100 worth of cryptocurrencies. I simply want to do this as a hobby without having to jump through any hoops. Are there any exchanges where I can do that?
I guess there is nothing to be worry about identity because if an exchanges was fully legalize it is a must because your earning is real and once you've encountered a problem you can get back your account and funds. 
August 28, 2017, 12:39:42 AM
I'd like to trade small amounts of cryptocurrencies without having to do any sort of identity verification. I don't want to trade fiat at all. I'm only looking to trade small amounts of $25 to $100 worth of cryptocurrencies. I simply want to do this as a hobby without having to jump through any hoops. Are there any exchanges where I can do that?
Bittrex was a good option, but they are quickly moving towards more intensive verification levels and said they plan to implement mandatory basic verification for all accounts sometime in the future.
Yobit and Nova Exchange are the smaller exchanges with lots of altcoins and no KYC. There may be some other Chinese exchanges (Bter?) but I don't know them very well.
their movement towards intensive verification is far from near future and the OP wants to trade crypto to crypto for a short termSo bittrex will be the best optoin for him to complete his task. I agree with Yobit , it is a good platform for trading too especially when they have no KYC
But there are a lot of shit coins on yobit which makes yobit look like a crappy website. I like its investment platform though
Nah, for me i don't recommend yobit to anyone particularly to newbies as it have too many shitcoins with a very low volume and yes too high fees also.
to be honest bittrex or poloniex are good for op, yes they have various ways and levels of verification but op only wants to trade for a hobby so small amounts
ranging from $25 - $100 is his target, its perfect for the tier one account on bittrex or polo. and yes op no verification will be done on tier one. You maybe asked
for your email but you can just make a dummy one. you maybe asked for your phone number but its not like they will know your identity. you maybe asked
for your full name but as always you can just fake it.
August 27, 2017, 11:25:49 PM
I'd like to trade small amounts of cryptocurrencies without having to do any sort of identity verification. I don't want to trade fiat at all. I'm only looking to trade small amounts of $25 to $100 worth of cryptocurrencies. I simply want to do this as a hobby without having to jump through any hoops. Are there any exchanges where I can do that?
Bittrex was a good option, but they are quickly moving towards more intensive verification levels and said they plan to implement mandatory basic verification for all accounts sometime in the future.
Yobit and Nova Exchange are the smaller exchanges with lots of altcoins and no KYC. There may be some other Chinese exchanges (Bter?) but I don't know them very well.
their movement towards intensive verification is far from near future and the OP wants to trade crypto to crypto for a short termSo bittrex will be the best optoin for him to complete his task. I agree with Yobit , it is a good platform for trading too especially when they have no KYC
But there are a lot of shit coins on yobit which makes yobit look like a crappy website. I like its investment platform though
August 27, 2017, 09:00:41 PM
You mean decentralized exchange? Yes, there are still decentralized exchange. Which means you can trade without giving any IDs. You can bitshares.org, bitsquare.io, or counterparty.io. They are available decentralized exchanges as far as i know. But first thing you should do before jumping on decentralized exchange. Are the Pros and Cons of decentralized exchanges.
Pros
1. User control Funds
2. Anonymous
3. No hacks and server downtime
It's the contrast of centralized exchange which exchange itself is controlling/holding the funds, not anonymous and prone from hacking & server downtime (which we experience often).
Cons
1. They are not easy to use
2. Basic functions
3. Low liquidity
The cons are quite serious. Unlike centralized exchange, it's easy to use, advance tools and features and the liquidity is good.
Pros
1. User control Funds
2. Anonymous
3. No hacks and server downtime
It's the contrast of centralized exchange which exchange itself is controlling/holding the funds, not anonymous and prone from hacking & server downtime (which we experience often).
Cons
1. They are not easy to use
2. Basic functions
3. Low liquidity
The cons are quite serious. Unlike centralized exchange, it's easy to use, advance tools and features and the liquidity is good.
August 27, 2017, 05:04:43 PM
I'd like to trade small amounts of cryptocurrencies without having to do any sort of identity verification. I don't want to trade fiat at all. I'm only looking to trade small amounts of $25 to $100 worth of cryptocurrencies. I simply want to do this as a hobby without having to jump through any hoops. Are there any exchanges where I can do that?
Bittrex was a good option, but they are quickly moving towards more intensive verification levels and said they plan to implement mandatory basic verification for all accounts sometime in the future.
Yobit and Nova Exchange are the smaller exchanges with lots of altcoins and no KYC. There may be some other Chinese exchanges (Bter?) but I don't know them very well.
August 27, 2017, 05:00:07 PM
If you want to trade coin to coin, like BTC to ETH I've successfully used Shapeshift.io a few times.
Although they say there is no fee, the fee is calculated in the exchange rate. Usually they charge around 1 or 2% which may or may not be acceptable for you.
My thoughts are Shapeshift.io. Before I write, I read from above only you who recommend the same thing that I want to write. I think You are not a newbie Although they say there is no fee, the fee is calculated in the exchange rate. Usually they charge around 1 or 2% which may or may not be acceptable for you.
August 27, 2017, 04:59:19 PM
You could use bittrex, hitbtc, localbitcoins, bitfinex with a vpn I think. There are plenty of ways as long as you don't touch the usd fiat. The fiat is where the laws start to come into play and you have to verify. Only a few exchanges do large volume with fiat, with no verification, like btc-e, but they are closed down now.
August 27, 2017, 04:36:41 PM
Some exchangers do not accept U.S. citizens. There are also wallets where you can exchange anonymously.
August 27, 2017, 02:15:41 PM
I'd like to trade small amounts of cryptocurrencies without having to do any sort of identity verification. I don't want to trade fiat at all. I'm only looking to trade small amounts of $25 to $100 worth of cryptocurrencies. I simply want to do this as a hobby without having to jump through any hoops. Are there any exchanges where I can do that?
I have never met an exchange asking for my ID just to trade cryptocurrencies. Usually, they start to ask some ID documents as soon as you want to deal with fiat (deposit/withdrawal)
August 27, 2017, 02:00:22 PM
If you want to trade coin to coin, like BTC to ETH I've successfully used Shapeshift.io a few times.
Although they say there is no fee, the fee is calculated in the exchange rate. Usually they charge around 1 or 2% which may or may not be acceptable for you.
Although they say there is no fee, the fee is calculated in the exchange rate. Usually they charge around 1 or 2% which may or may not be acceptable for you.
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