Looking for No KYC exchanges?
|No KYC Exchanges with Withdrawal limit|
|Non-KYC exchanges||Description||No KYC Withdrawal Limit|
|Bybit||Crypto margin trading exchange that does not require KYC.||No 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.||0.06 BTC/24h|
|1Inchexchange||A DEX aggregator which can be use 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|
|Changelly||Another popular spot trading platform that does not require KYC.||2 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 check. 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.
7 No KYC Exchanges
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.
2021 update: Binance has updated the daily withdrawal limit for no KYC users, and now they allow daily withdrawal of 0.06 BTC 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.
Bybit is a popular no KYC derivative exchange, that supports USDT perpetual and Inverse perpetual contract. 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.
Changelly, 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.
1Inchexchange is perhaps one of the best non KYC exchange out there for ERC20 token. It is a DEX aggregator which helps you get the best rates from decentralised 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.
Thorswap is powered by Thorchain, which is world’s first Multi-chain DEX that provide an interface to perform cross-chain swap. What that meant for you is, you will be able to exchange Bitcoin for Ethereum permissionlessly, and without KYC. There are many more chains which are supported by Thorchain, and it is one of it’s kind. They have started becoming popular in 2021, and anyone looking for no kyc crypto exchange, should look into Thorswap.
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:
7. 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 permission-less swap. However, if you are first time looking to get into crypto without doing KYC, the best solution is via P2P 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.
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Harsh Agrawal is the Crypto exchange and bots expert for CoinSutra. He founded CoinSutra in 2016, and one of the industry’s most regarded professional blogger in the fin-tech space.
An award-winning blogger with a track record of 10+ years. He has a background in both finance and technology and holds professional qualifications in Information technology.
An international speaker and author who loves blockchain and crypto world.
After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra.
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