After the recent announcement by Kucoin that new users have to pass KYC, and existing users cannot withdraw without passing KYC. I wanted to know which CEX still allows deposit, withdrawal, and trading without the KYC requirements. For the simple swap, I am aware we can use DEX, for actual trading Kucoin was the best option until they came out with this mandatory requirement.
I knew a few CEX that did allow a user to trade on their platform without KYC a year back. They never had INR withdrawals but were good for traders who did not want to pay the surplus tax added by the Indian government. Since I was not sure whether they still have the same policy I went ahead and checked them today and I found only a handful are still allowing trading without KYC norms.
Eventually, every CEX would make KYC mandatory until then anyone can trade in these three Exchanges.
- OKx still allows users to trade up to 10 BTC without KYC.
- TradeOgre allows users to trade up to 1 BTC without KYC
- MEXC exchange allows 30BTC worth transaction without KYC
- Bitget exchange allows $50k withdrawal without KYC every day
- Suggest an Exchange
If you know any CEX that is allowing deposit, withdrawal, and trading without KYC requirements then please suggest. Do remember I am looking for CEX and not DEX.