by Looking for No KYC exchanges?
KuCoin - A No KYC Exchange
| No KYC Exchanges with the Withdrawal limit | ||
|---|---|---|
| Non-KYC exchanges | Description | No KYC Withdrawal Limit |
| Binance (Editor’s choice) | Top volume exchange which does not require KYC unless you want to withdraw more than 2 BTC in 24 hours. | 2000 USDT/24h |
| KuCoin | Daily withdrawal of 1 BTC without KYC. A top-tier centralised exchange | 1 BTC/24 hour |
| GMX (Decentrazlied exchange) | A perpetual contract trading platform for top cryptocurrencies. | Unlimited |
| Dydx | Â A decentralized exchange that supports perpetual trading, margin and spot trading, as well as lending and borrowing. | Unlimited |
| Bybit | Crypto margin trading exchange that does not require KYC. | Daily withdrawal limit of 20K USDT. Monthly withdrawal limit of 100K USDT. |
| Changelly | Another popular spot trading platform that does not require KYC. | 2 BTC/24h |
| 1Inchexchange | A DEX aggregator that can be used to exchange any amount of ERC20 tokens. | No limit |
| Bitfinex | Users wishing to deposit/trade/withdraw most cryptocurrencies are not required to verify their account | 10 BTC/24h |
| Orion protocol trade | Anonymously exchange tokens | No limit |
- Are you interested in buying altcoins without getting into the hassle of answering questions?
- Tired of going through the KYC process over and over again on crypto exchanges?
- Are you looking for options to evade the haggling KYC & AML processes?
If you are, you have come to the right place.
I am going to tell you about a few altcoin exchanges that allow you to trade without going through the KYC and AML checks. Not only this, there are no withdrawal or deposit limits to stop you from buying/selling bags of altcoins.
Needless to say, this will be the norm once the decentralized exchanges increase their market share, which I think is going to take a while.
Tip: Its better to create a new email account using something like Protonmail which does not track your activities and use a browser like Brave or use any no logs VPN to accessing these no KYC exchanges more privately.
Until then, we can use these services, some of which are centralized and some of which are decentralized, to avoid KYC and AML to protect your privacy.
9 No KYC Exchanges
1. Binance
Binance is one of the best cryptocurrency exchange that supports all popular Altcoins and let you use the platform anonymously. You don’t need to do KYC if your daily withdrawal limit is no more than 2 BTC.
2022 update: Binance has updated the daily withdrawal limit for no KYC users, and now they allow daily withdrawal of 2000 USDT for users who have done basic verification.
For those looking for more than spot trading, you also get access to Margin and future trading on the same platform.
This exchange is registered in Malta and outside the jurisdiction of the USA, China or other countries that could ask for users’ data.
Note: Binance.com does not offer services to users from USA. If you are from USA, you should look at Binance alternatives or other anonymous crypto exchanges that I have listed below.
2. KuCoin
When it comes to top No-KYC exchange, KuCoin comes as a top solution. It is a centralised exchange that has been around for many years, and offers all bells and whistles that you expect from a top exchange.
KuCoin do require KYC, but if your withdrawal limit is less than 1 BTC/24 hours, then you can use KuCoin without KYC. You are also allowed to use it’s API feature without completing verification. Just to be clear, if you are withdrawing USDT or any other crypto, your total value can’t exceed more than 1 BTC USDT value of the day.
You can read my review of KuCoin to learn everything about this growing and established exchange.
3. Bybit
Bybit is a popular no KYC spot and derivative exchange. You can trade BTC, ETH, XRP, EOS, SUSHI, AAVE and USDT coin. Check out my review of Bybit to learn more about how this no KYC exchange works.
Here are the top features of Bybit exchange –
- Spot trading
- Margin trading
- Earn ( Earn yield on your ideal crypto)
- Perpetual trading
- Meta trader 4 on Bybit
- Crypto loans
Bybit also run many trading competition which is a great opportunity for you to make money from your trading skills.
In the recent times Bybit has added many new tokens, and you can open an account without KYC with Daily withdrawal limit of 20K USDT and Monthly withdrawal limit of 100K USDT.
4. GMX Exchange
When FTX imploded in 2022, a lot of traders understood the importance of self-custody and migarted to decentralised exchanges. GMX exchange is one of such non-KYC exchange, that let you trade without needing any permission.
To start trading on GMX exchange, you need to be well versed with self custodial crypto wallets such as Metamask or Trust wallet. If you have never used these wallets before, you are better off learning about it or continue using other listed centralised no-kyc exchanges.
Here are the features of GMX exchange :
- Available on Arbitrum and Avalanche
- Decentralized Perpetual Exchange
- Supoprts many popular tokens such as ETH, BTC (WBTC), LINK, UNI , USDT, DAI And a few more
Also check out GMX referral code to save money on GMX forever.
5. Changelly
Changelly, is a centralized Altcoin swapping service, which does not push you to complete the KYC or AML in order to use its services.
There is no ID verification registration that you need to do for using their services. For enhanced security, you can even use this service with a VPN.
This method, however, requires you to have supporting altcoins like LTC/ETH/DASH etc to exchange for BTC or any other supporting currency. If you have altcoins, you can buy Bitcoins in seconds with no verification using Changelly.
6. 1InchExchange
1Inchexchange is perhaps one of the best non-KYC exchanges out there for ERC20 tokens. It is a DEX aggregator which helps you get the best rates from decentralized exchanges like Uniswap, Sushi, and others. If your purpose is to do trading without worrying about KYC, this is the best website for you.
You can connect to 1inchexchange using metamask or any wallet connect supported crypto wallet.
7. Thorswap
Thorswap is powered by Thorchain, which is the world’s first Multi-chain DEX that provides an interface to perform the cross-chain swap. What that meant for you are, you will be able to exchange Bitcoin for Ethereum permissionlessly, and without KYC. There are many more chains that are supported by Thorchain, and it is one of its kind. They have started becoming popular in 2022-23, and anyone looking for no kyc crypto exchange should look into Thorswap.
8. Bisq (aka BitSquare)
BitSquare is a peer-to-peer marketplace for cryptocurrencies like BTC, ETH etc. It is a fully decentralized exchange which requires no name, email ID or verification so there is no question of KYC or AML.
Also, your privacy is secured because it uses Tor and doesn’t hold fiat or bitcoins on their servers or in their account. Currently, it supports 126 cryptocurrencies (including BTC) and is available on Windows, Mac, and Linux platforms. The trade volumes, however, are low.
The volume at the time of writing on this exchange is 4 BTC with 11 cryptocurrencies/crypto assets pairs listed on it.
Here is an introductory video on Bitsquare:
9. Orion Protocol Trade
Orion protocol is a dark pool liquidity provider, and it also offers a trading terminal where you can anonymously exchange cryptocurrencies. The best part, you can also use your hardware wallet directly on this platform for exchanging.
Learn how to trade on Orion Protocol:
Conclusion: No KYC Exchanges for Crypto
I think not requiring AML and KYC will become more mainstream this year because a lot of decentralized exchanges are in the pipeline which might put the centralized exchanges under pressure to get rid of the KYC requirements.
Can you buy Crypto without KYC?
The best way to buy Crypto without KYC is using a permission-less swap. However, if you are first time looking to get into crypto without doing KYC, the best solution is via P2P exchanges.
How to buy USDT without KYC?
In 2023, every non-KYC crypto exchanges require you to verify your account before depositing the funds, which in sort is a soft KYC. The best way to get USDT without KYC is by peer-to-peer exchanges using cash. If transacting in cash and crypto is not illegal in your country, you should find another peer who is willing to sell his USDT or cryptos in the form of cash. Further, you can use something like Rango.exchange to convert those cryptos into USDT.
Here are the P2P sites from where you can find peers who are willing to sell your USDT or cryptos in cash.
Which is the best Crypto trading app with no KYC?
Should I use DEX over centralized exchanges for trading without KYC?
There are new DEXs on other layers 1 blockchain like Solana, Atom and others that can be used for day-trading. However, the fees are not as low as centralized exchanges. This situation gets worse when you are trading on a DEX like Uniswap on Ethereum blockchain, as the ETH Gas fees make it impossible to trade on DEX.
In such cases, you should use a centralized non-KYC exchange. However, if you must not touch a centralized exchange and looking to only invest for the long term, using a decentralized exchange is ok, as they don’t require any kind of KYC. Just to improve your privacy, make sure you use a VPN when interacting with these exchanges.
What are the Changelly KYC limits?
The daily limit is 20,000 USD and the monthly limit is 50,000 USD. Please note that the daily and monthly limits include all fees.
Does Metamask needs KYC?
No, Metamask does not need KYC.
Which are no kyc Bitcoin exchanges?
You can use Bybit or Binance for buying small amount of Bitcoin without KYC. Though the bank processor might ask you for your ID’s fo adding funds to these exchanges.
Also, having AML and KYC goes against the basic tenant of decentralized currencies which is why we are witnessing the unprecedented development of decentralized infrastructure which is putting privacy at the forefront.
Well, that is all from my side.
Now it is time to hear from you: If you know more altcoin and cryptocurrency services that don’t require AML & KYC, share it with us in the comment section below.
Some hand-picked articles for further reading on CoinSutra:
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- What Is Atomic Swap and Why It Matters? [Must Know]
How about Kucoin Exchange?
They require doing so.
Hello, Is there any exchange where I can sell crypto currency for fiat USD and then withdraw USD to my bank account or card without doing any KYC? Appreciate your answer.
No, such exchange. When you deal with Fiat you ought to do KYC.
I deposited SBTC en BCD on Gate.io en got ZEC withdrawn without going through identification.
I chose ZEC instead of BTC because the minimum withdrawal was way lower.
So I guess Gate.io can be added to your list.
Not true my friend.
I am using Kucoin exchange and It has no KYC.
I was able to withdraw more than 2 BTC per day…
Have you tried out ERCdEX (app.ercdex.com)? Simple UI, trade from your MetaMask, Ledger Nano S or mobile wallet. No KYC/AML required for Ethereum utility tokens.
Will check out. Haven’t tried yet!!
Aum…..
Thanks Harsh for your detailed explanations about Bybit, it is highly appreciated. Further, the most important info about decentralized exchanges is very timely, as aml n kyc requirements are okay, but the exchanges make it so very cumbersome and tedious plus take not days, but weeks, months to complete account opening for buying Cryptos.
I am in Portugal andI want a decentrelised exchange, non-custodian wallet or exchange (MUUN) to buy bitcoin from Euros but which exchange should I use if they detect I am in Portugal. Of course if I use the Decentr browser will the VPN help hide my country if it not allowed to access the site like Bybit?
How does this work?
Warm greetings