Topic: What is the best non Kyc exchange - page 3. (Read 633 times)
Centralized exchanges have the power to alter their rules and terms & conditions at any time. Some exchanges, such as Kucoin, allow trading without KYC, but this policy can change at any moment. Bybit was previously a popular exchange that didn't require KYC, but it will now be mandatory. Therefore, it's not advisable to be too confident in trading without KYC on centralized exchanges if you want to stay completely secure. It's best to use a reputable decentralized exchange. However, if you choose to trade on Kucoin without KYC, exercise caution as it is well-regarded but subject to change.
Most of the new members here, have done Kyc especially those into Crypto trading before joining this forum and discovered the dangers of Kyc (I am with this group) and so all we can do is to try to avoid Kyc and hope our past mistakes won't to haunt us. My aim is to get reviews about the best non Kyc trading exchange at the moment in order to advice those I know that want to go into trading (because I can't just tell them the dangers of Kyc without giving them a solution). Though there have been post about this before but its a known fact that some of this exchange may later switch to using Kyc or be less reliable as before. I know Bisq exchange is good but you can't trade with it on it mobile app (and not every traders has a pc ) and is not really beginner's friendly.
As far as I am concerned, all CEX are under a region and that region has a government with laws governing it so therefore all CEX will be subjected to KYC as time goes on. If they do not do KYC now do not forget that there are always a way to get the crowd and the government knows what to do the getvat the CEX for failing to meet up with their demand so no CEX would want to fall victim of the government wrath but do as it pleases them. So do not be decieved CEX are government wing of Crypto exchange that must do kyc.
I used to only know those that have mentioned specially kucoin which is one of the oldest ones that we've got now that managed to survive many seasons of the market.
Though there have been post about this before but its a known fact that some of this exchange may later switch to using Kyc or be less reliable as before.
This is so true, they may be a non-KYC exchange today but we don't hold the future of it, and sure there will be changes and they'll require their users to start complying with KYC. Once the regulators start knocking these non-KYC exchanges, they can't avoid that and even if they don't want to implement the policy of having no-KYC, there is nothing they can do but to comply as well to what the regulators will say. 
There are still some exchanges that don't require KYC not only the list of kycnot.me but there are still other exchanges that don't have KYC like coinex.com exchange I used this exchange since before but the only problem is they only have a $10k withdrawal limit but still it is good if you are a small trader and Coinex is own by ViaBTC which is a well-known pool that provides free transaction accelerator.
Yes I guess 10k withdrawal limit is still ok for a non-KYC exchange since we have been sorting after fully decentralized Bitcoin exchange because we have limited numbers of fully decentralized exchanges which have led to the use of some reputable centralized exchanges that offer an exchange in high volume but strictly on KYC. But if an exchange can offer a $10k Bitcoin exchange limit I think that is enough liquidity to put so many things in check, better still if the 10k limit is based on daily limits because that will make it more fun to use since one will basically plan out his/her limit in transactions and spread them to run through several days.
There are still some exchanges that don't require KYC not only the list of kycnot.me but there are still other exchanges that don't have KYC like coinex.com exchange I used this exchange since before but the only problem is they only have a $10k withdrawal limit but still it is good if you are a small trader and Coinex is own by ViaBTC which is a well-known pool that provides free transaction accelerator.
You can trade below the tide for centralized exchanges, for binance I believe it used to be 2BTC; being the amount you can trade with before you are required to submit personal details. This could vary from exchange to exchange and some could at any time require you to submit them even though you have been trading below the stipulated amount, so always bear that risk in mind.
Decentralized exchanges typically have low liquidity die to traders preferring to use centralized exchanges, if that sentiment gets broken it would be able to serve the non KYC compliant traders.
Decentralized exchanges typically have low liquidity die to traders preferring to use centralized exchanges, if that sentiment gets broken it would be able to serve the non KYC compliant traders.
I would like to know the criteria of what kind of trader you are I mean crypto to crypto trader or looking for a non KYC exchange to. Do crypto to fiat and vice versa trades.
Because there are many decentralized exchanges out there where you can do crypto to crypto trades with complete anonymity whereas the problem occurs when it comes to fiat cause lot of regulations when we are talking about fiat currencies. As far as I know Bisq seems the only real p2p where you never need to do KYC compliance because its not really a platform whereas other p2p exchanges out there which may not have mandatory KYC at the moment but they will be forced to do at any moment.
Because there are many decentralized exchanges out there where you can do crypto to crypto trades with complete anonymity whereas the problem occurs when it comes to fiat cause lot of regulations when we are talking about fiat currencies. As far as I know Bisq seems the only real p2p where you never need to do KYC compliance because its not really a platform whereas other p2p exchanges out there which may not have mandatory KYC at the moment but they will be forced to do at any moment.
If you want to trade via Lightning Network, private P2P exchange, check Robosats: https://kycnot.me/exchange/robosats
Robosats onion link: http://robosats6tkf3eva7x2voqso3a5wcorsnw34jveyxfqi2fu7oyheasid.onion/
A short review from kycnot.me
Robosats onion link: http://robosats6tkf3eva7x2voqso3a5wcorsnw34jveyxfqi2fu7oyheasid.onion/
A short review from kycnot.me
Quote
RoboSats is a simple and private way to exchange bitcoin for national currencies. Robosats simplifies the peer-to-peer user experience and uses lightning hold invoices to minimize custody and trust requirements. The deterministically generated avatars help users stick to best privacy practices.
My aim is to get reviews about the best non Kyc trading exchange at the moment in order to advice those I know that want to go into trading (because I can't just tell them the dangers of Kyc without giving them a solution).
When you say "go into trading", do you mean actively trading on the daily basis, or ocassionally buying crypto for fiat? I am asking because if it is the former, then Bisq and similar truly decentralized non-KYC exchanges are not a very good solution (beside not being very beginner friendly and having very limited number of trading pairs) due low volume so you may have to wait for days for your buy/sell order to go through and that's not something that as a trader you want.If I have to chose one non-KYC exchange to recommend, that would probably be Kucoin. I've been using it for years and so far I wasn't asked for KYC but then again I never dealt with big amounts because I know that at any time they can ask for documents and in that case I am ready to lose the money I have there.
For decentralized exchange: https://bisq.network
For a centralized exchange: Kucoin.
Read more here: https://kycnot.me/
Current list of exchanges without KYC
Know that centralized exchanges can demand for KYC at anytime, it is not your private key, it is theirs and they have control over your coins because the coins are theirs on blockchain, not yours on the blockchain.
Bybits will soon make KYC mandatory.
Edit: Kucoin will make KYC compulsory
https://cointelegraph.com/news/kucoin-crypto-exchange-to-introduce-mandatory-kyc-in-july
Read more here: https://kycnot.me/
Current list of exchanges without KYC
Know that centralized exchanges can demand for KYC at anytime, it is not your private key, it is theirs and they have control over your coins because the coins are theirs on blockchain, not yours on the blockchain.
Bybits will soon make KYC mandatory.
Edit: Kucoin will make KYC compulsory
https://cointelegraph.com/news/kucoin-crypto-exchange-to-introduce-mandatory-kyc-in-july
Most of the new members here, have done Kyc especially those into Crypto trading before joining this forum and discovered the dangers of Kyc (I am with this group) and so all we can do is to try to avoid Kyc and hope our past mistakes won't to haunt us. My aim is to get reviews about the best non Kyc trading exchange at the moment in order to advice those I know that want to go into trading (because I can't just tell them the dangers of Kyc without giving them a solution). Though there have been post about this before but its a known fact that some of this exchange may later switch to using Kyc or be less reliable as before. I know Bisq exchange is good but you can't trade with it on it mobile app (and not every traders has a pc ) and is not really beginner's friendly.
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