Topic: What are alternative no kyc exchanges since FTX is gone... - page 2. (Read 433 times)
There are two exchanges I use that say no kyc for <2BTC withdraws. kucoin and coinex exchange, I think they are a good choice for those who are looking for an alternative to FTX at the moment, there is good liquidity and good daily trading volume. But in general, after these recent incidents, there is no safe central exchange in my opinion, if you want to trade it is better to use a small part of the capital only or use decentralized exchanges.
~snip~If a place doesn't ask for your KYC that means they don't really care about the laws, and they just operate in a pirate way, which means if they are "hacked" like all the many that happened so far, there is absolutely nothing you can do, and all of that money is gone. Which is why it’s too dangerous.
it's such a tough choice to make. When we do KYC, our personal identity will be known and we are afraid that it will be misused, but when a hack occurs, the possibility to get assets back may go well because everything is recorded and has been protected by an official legal entity. but when there is no KYC and there is no legal entity that regulates it, when hacked or exchanges steal our assets, then there is nothing we can do, because they are indeed illegal and no legal entity can catch them. Of course, this will be a difficult thing to choose, depending on which is more important.
Some are still using non-kyc exchanges because they don't want to submit their personal details, especially those small-time traders.
There are still few exchanges that I know that don't require KYC for daily withdrawals of 1 btc and below like kucoin or nominex.
I have accounts in both exchanges, and used them several times. However, it is up to the user how he will trust these exchanges.
If you are using nonkyc exchanges, better get out fast your funds after your traded your coin. Don't leave or store in any exchange.
Since FTX is gone. And Binance/Bitmex are all KYC. Any decent exchanges which are KYC free ?
I heard good stuff about Bybit. Says no kyc for <2BTC withdraws.
What does everyone use?
Let me start with your last question – I use Binance. It's my major exchange. Then back to your first question – I won't trust any exchange that says it doesn't make KYC compulsory at a time like this when we know how SEC has been breathing down on their necks to move towards knowing their customers as a way of discouraging money laundering. Recall that when Binance started in 2017, it was free registration without a KYC until recently when it started restricting accounts without KYCs from not just withdrawing but from trading at all. In fact, Binance started with trading without commission charged on trades. That was exceptional then. It got many traders running to that exchange. Today, there are numerous charges that one can't even tell what and what the charges are for. I heard good stuff about Bybit. Says no kyc for <2BTC withdraws.
What does everyone use?
~snip~If a place doesn't ask for your KYC that means they don't really care about the laws, and they just operate in a pirate way, which means if they are "hacked" like all the many that happened so far, there is absolutely nothing you can do, and all of that money is gone. Which is why it’s too dangerous.
it's such a tough choice to make. When we do KYC, our personal identity will be known and we are afraid that it will be misused, but when a hack occurs, the possibility to get assets back may go well because everything is recorded and has been protected by an official legal entity. but when there is no KYC and there is no legal entity that regulates it, when hacked or exchanges steal our assets, then there is nothing we can do, because they are indeed illegal and no legal entity can catch them. Of course, this will be a difficult thing to choose, depending on which is more important.
I would say maybe not look for a no KYC exchange. I mean if you want to use an exchange, you can't get any better than Binance and they will do as best as they could every possibly do for every single customer since that would be the key to their success and they are bigger than most banks in the entire world so you know they are protected like fort Knox, there is no problem there. So giving your KYC to them shouldn't really be a problem, unless you are a criminal.
On the other hand, for all the "under the radar" moves that you want to make, you could use DeFi, like pancake or 1inch or whatever you want to use, and that way you could move it around with a custodial wallet like metamask, and everything will be sort of hidden as well, only the entry and exit will be known, rest will be hidden.
I agree with this, there is no situation where you should be considering KYC and feel fine about it. Because if you are not giving your KYC to a place, how legit could they be? I mean if a place is asking for your KYC that means they are forced to, because they are legit and they comply with the laws of the nations they are working with and KYC is part of it.On the other hand, for all the "under the radar" moves that you want to make, you could use DeFi, like pancake or 1inch or whatever you want to use, and that way you could move it around with a custodial wallet like metamask, and everything will be sort of hidden as well, only the entry and exit will be known, rest will be hidden.
If a place doesn't ask for your KYC that means they don't really care about the laws, and they just operate in a pirate way, which means if they are "hacked" like all the many that happened so far, there is absolutely nothing you can do, and all of that money is gone. Which is why it’s too dangerous.
I don’t think any exchanges are available where you can trade without KYC. KYC is required in each and every popular and reputable exchanges. I have heard about Bisq from some of my friends, but as I haven’t tried it personally and therefore won’t recommend you. If you see then currently only some P2P exchanges available which doesn’t require KYC. Localcryptos, are one of the best place for P2P deals without KYC. In paxful also they allow trades with certain limits without any KYC. Check these out OP.
Some exchanges currently trading without KYC verification, and they are many that done such, so therefore, on my own can't trade to an exchange who doesn't take KYC verification serious, because i noticed KYC verification is something that will make you to feel relaxed in exchange. But exchange like binance, without KYC verification they do not accept trade without a proper steps of verification. 
AFAIK, Kucoin is still non-kyc for the low limit of 1 BTC withdrawals per day. Well, based on the website blog, they also have a 400 USDT limit for nonverified accounts. For most info, you can look it on their website.
(https://www.kucoin.com/support/360015102254-About-KYC-Verification)
(https://www.kucoin.com/support/360015102254-About-KYC-Verification)
i can also recommend kucoin if you are not really a big timer as you can still enjoy trading without kyc so long you are not going over their daily limit. but hey, 1 btc daily withdrawal limit is already big. just think of using it everyday. i will consider you as a big timer already if you will avail their daily withdrawal limit.
however, if you will use their p2p services, for sure, you do need to undergo kyc. but if you will deal with crypto only, i can say, so far, i haven't had any problem with this exchange.
I don’t think any exchanges are available where you can trade without KYC. KYC is required in each and every popular and reputable exchanges. I have heard about Bisq from some of my friends, but as I haven’t tried it personally and therefore won’t recommend you. If you see then currently only some P2P exchanges available which doesn’t require KYC. Localcryptos, are one of the best place for P2P deals without KYC. In paxful also they allow trades with certain limits without any KYC. Check these out OP.
Every centralized exchanges that offer NO KYC with a requirement of withdraw less than 1 BTC, 2 BTC per day and so on is a big lies. Although right now you can use it without KYC, but you can't know when the exchange want to ask your KYC because their reason would be your activity is suspicious etc etc and you can't have any choice either let your funds stay on the exchange or KYC your account.
Bisq is the best if you want to buy coins etc Bitcoin, Monero etc and it's 100% KYC free.
True , it's like a trap .. Bisq is the best if you want to buy coins etc Bitcoin, Monero etc and it's 100% KYC free.
Especially whenever you have coumpounded the money there and the exchange see it , feels like an exortion if you ask me . They would do ask for kyc anyway ... just the matter of time and they will catch you with no choice but kyc still in the end , what a cruel business .
Every centralized exchanges that offer NO KYC with a requirement of withdraw less than 1 BTC, 2 BTC per day and so on is a big lies. Although right now you can use it without KYC, but you can't know when the exchange want to ask your KYC because their reason would be your activity is suspicious etc etc and you can't have any choice either let your funds stay on the exchange or KYC your account.
Bisq is the best if you want to buy coins etc Bitcoin, Monero etc and it's 100% KYC free.
Bisq is the best if you want to buy coins etc Bitcoin, Monero etc and it's 100% KYC free.
Since FTX is gone. And Binance/Bitmex are all KYC. Any decent exchanges which are KYC free ?
I heard good stuff about Bybit. Says no kyc for <2BTC withdraws.
What does everyone use?
Try out Bitget is a no KYC exchange a bit secured for now in terms of carrying out transaction without Kycing.I heard good stuff about Bybit. Says no kyc for <2BTC withdraws.
What does everyone use?
Then another one is SuperEx exchange that claims to be the first Web 3 exchange.
However, it's always good that you do your own research aside the information given to you here, so you bear full responsibility of whatsoever decision that you take.
AFAIK, Kucoin is still non-kyc for the low limit of 1 BTC withdrawals per day. Well, based on the website blog, they also have a 400 USDT limit for nonverified accounts. For most info, you can look it on their website.
(https://www.kucoin.com/support/360015102254-About-KYC-Verification)
(https://www.kucoin.com/support/360015102254-About-KYC-Verification)
I'm using OKX and Mexc (since on the rise) and so far with no issues. Not an FTX user here, so can't say it's alternatives and don't know a standout comparison of them.
MEXC is a Tier-2 exchange but it is a good one to buy hidden gems in bull market. In bull market, not in bear market. In bear market, you will more likely to buy falling knives, not hidden gems.Around ending of a bear market, after altcoins lose 90% or more from their all time highs or previous highest price in a bull market, you can filter altcoins and find gems to buy. It is not a time to do this because bear market is happening and massacre is happening.
Is FTX an ending of this bear market or is it only a start of something worse?
Since FTX is gone. And Binance/Bitmex are all KYC. Any decent exchanges which are KYC free ?
I heard good stuff about Bybit. Says no kyc for <2BTC withdraws.
What does everyone use?
Kucoin still available which is lot better than other new exchanges and comparatively more trustable than others. However as I always mention whenever you choose to trade on centralized exchanges then be ready with your KYC cause they might ask at any moment even if they have no KYC trading feature. I heard good stuff about Bybit. Says no kyc for <2BTC withdraws.
What does everyone use?
I'm using OKX and Mexc (since on the rise) and so far with no issues. Not an FTX user here, so can't say it's alternatives and don't know a standout comparison of them.
Some exchanges don't require KYC are in https://kycnot.me/
I don't choose non-KYC exchanges and store my cryptocurrency there because KYC or not KYC, it does not decide that exchange is good temporarily or safe in long time.
If a top exchange, Tier 1 like FTX can collapse in less than a week, how do I trust Tier 2 or lower Tier exchanges? I might use them for very small capital of mine, for big capital I will choose Binance. If I don't trade, I store my crypto in my own wallets.
I don't choose non-KYC exchanges and store my cryptocurrency there because KYC or not KYC, it does not decide that exchange is good temporarily or safe in long time.
If a top exchange, Tier 1 like FTX can collapse in less than a week, how do I trust Tier 2 or lower Tier exchanges? I might use them for very small capital of mine, for big capital I will choose Binance. If I don't trade, I store my crypto in my own wallets.
What does everyone use?
Bybit mostly for derivatives.But most people say that OKX has relaxed KYC verifications requirements. The volumes and liquidity aren't bad, too. I have an account with them but with the first level of verification (name, location etc.) So I don't know which features can use and not use if the account is unverified. Maybe you can check it out.
I would say maybe not look for a no KYC exchange. I mean if you want to use an exchange, you can't get any better than Binance and they will do as best as they could every possibly do for every single customer since that would be the key to their success and they are bigger than most banks in the entire world so you know they are protected like fort Knox, there is no problem there. So giving your KYC to them shouldn't really be a problem, unless you are a criminal.
On the other hand, for all the "under the radar" moves that you want to make, you could use DeFi, like pancake or 1inch or whatever you want to use, and that way you could move it around with a custodial wallet like metamask, and everything will be sort of hidden as well, only the entry and exit will be known, rest will be hidden.
On the other hand, for all the "under the radar" moves that you want to make, you could use DeFi, like pancake or 1inch or whatever you want to use, and that way you could move it around with a custodial wallet like metamask, and everything will be sort of hidden as well, only the entry and exit will be known, rest will be hidden.
^On this big list of exchanges that usually did not ask for KYC procedures will probably you find one.
https://bitcointalksearch.org/topic/--5270416.
For me, probably DEXs are still a good alternative to them because we know that our fund is safe if we are afraid of a centralized exchange. But it seems right, never leave your fund in exchange for storing it and probably it would be better if every session of your trading activities just withdraw your fund even though the fee will hurting you as long as your whole fund are safe.
https://bitcointalksearch.org/topic/--5270416.
For me, probably DEXs are still a good alternative to them because we know that our fund is safe if we are afraid of a centralized exchange. But it seems right, never leave your fund in exchange for storing it and probably it would be better if every session of your trading activities just withdraw your fund even though the fee will hurting you as long as your whole fund are safe.
There are FUDs with Bybit as well which makes it more risky to try for now, though looking at their status maybe it’s just a fud and you can try using that exchange as long as you don’t store your funds with them. Exchanges now are being more careful, because of what happened to FTX and recently, top exchanges shows their financial status and holdings, probably to gain the trust of every investors and tell the public that they are pretty solid so better not to panic.
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