20 Best Crypto Exchanges That Don’t Require KYC
Guidelines for KYC (Know Your Customer) have become a critical component of banking systems. As a result, if you engage in crypto trading, you should be aware that some crypto exchanges will not allow you to trade without updating your KYC in order to prevent criminals from using banks and other financial institutions for money laundering purposes, lowering the risk of financial transactions.
KYC is the process of validating the identities of persons who use a given service, and it entails providing some identifying documents in different nations.
Don’t worry; if you’re looking for a crypto exchange that doesn’t require you to provide your KYC information, you have plenty of possibilities. These exchanges are also trustworthy and safe; the only difference is that their users are not required to update their KYC information.
Best Crypto Exchanges That Don’t Require KYC
Here is a list of non-KYC cryptocurrency exchanges where you can conduct your crypto transactions. This list was compiled after extensive investigation; all of these exchanges are fully trustworthy and secure, so you can trade with them without fear:
1) Bybit
It is one of the most well-known derivatives exchanges, and if KYC were implemented, it would become even more popular. This is a Singaporean exchange that was created in 2018. They have a lot of great qualities, which is why people love to trade with them. This platform is ideal for traders that enjoy trading on margin.
It also offers USDT perpetual and inverse perpetual contracts, with its BTC-USD product being one of the most popular. It has over 1.2 million registered users and trades in BTC/USD, ETH/USD, XRP/USD, and EOS/USD contracts with leverage of up to 100X on BTC/USD contracts and up to 50X on the rest of the trading pairs.
Within a couple of years, it has risen to the top in terms of volume, speed, and interface. Bybit offers a large selection of crypto margin trading recommendations, including helpful ideas and tactics for trading crypto derivatives.
The good news is that they don’t require KYC for registration or trading, but they don’t allow U.S. residents to trade. One-click coin swaps, an intuitive UI, unrestricted withdrawals, a sophisticated security system, and advanced order types are among its advantages.
| Trading Fees | -0.025% – 0.075% |
| Withdrawal Limits | No limits |
| Languages | Supports different languages |
| Supports | iOS and Android mobile app |
2) Binance
This is another excellent crypto exchange that does not require KYC; it accepts all Altcoins and allows users to trade anonymously. They have over 6 million members and are based in China, but due to some restrictions, they moved to Malta in the European Union.
It recently surpassed Bittrex in terms of round-the-clock trading volume, which is estimated to be approximately $4 million. Binance allows you to trade, withdraw, and deposit without having to update your KYC for all users, and you can withdraw up to 2 BTC every day.
Binance is preferred over other exchanges because its fees are lower, it offers more than 50 currencies and trading pairs, and it is recommended for those who want to do more extensive charting. They provide access to derivates trading, loans, mining pools, Margin and Future trading, as well as branded crypto debit cards, so you can do more than just spot trading with them.
All you need is an email address to open an account with them, and the good news is that no KYC is required for spot trading.
However, you should be aware that users that conduct large-volume BTC transactions will be required to complete KYC in order to use the site. Furthermore, users in the United States must use Binance U.S. to update their KYC.
| Trading Fees | Spot: 0.1000% – 0.1000% / Futures: 0.0200%/0.0400% + Discounts |
| Payment | Bank transfers, credit cards, or crypto deposits |
| Withdrawal Limits | Without KYC: 0.06 BTC / With KYC: 100 BTC / 24 hours |
| Supports | iOS |
3) Changelly
It’s a centralised Altcoin switching service that doesn’t require customers to go through the KYC process in order to use its services. Instant transfers from one wallet to another across different cryptocurrencies are also possible with an anonymous crypto exchange. Since its inception in 2013, this website has supported over 150 cryptocurrencies.
You’ll need support for other cryptos like Ethereum and Dash if you wish to trade BTC. Users are not required to produce identification in order to use their switching services. You can utilise this service as a VPN for added security. The advantage of this exchange is that it provides a wide range of payment services across the board.
Changelly accepts ETH/LTC/DASH, among other altcoins, in exchange for BTC or any other supported currency. This means that if you have any altcoins, you can buy BTC without having to verify your identity. They also have a trading algorithm that scans other platforms for the best trading pricing. Only if they identify any suspicious activity on or from the user’s account will you be required to complete KYC.
| Trading Fees | 0.5% |
| Payment | Bank transfers, credit cards, Apple Pay or crypto deposits |
| Supports | Does not have its iOS app |
4) Kraken
It’s a US-based exchange that debuted its official iOS version in 2014. It is one of the few platforms in the world that allows US consumers to trade margin and futures with leverage of up to 50X. Users may use the app to trade Bitcoin and other digital assets, as well as read cryptocurrency news and manage their personal account information.
They provide a wide range of services, including institutional account management, OTC desk, and much more. It has five levels of certification, from Tier 0 to Tier 4.
Tier 0– Users are asked to submit only their email address, and they are only allowed to browse the website without being able to make any purchases.
Tier 1– These users will only be able to deposit and withdraw in digital money, but they will be required to disclose their full name, date of birth, nationality, and phone number in order to enter Tier 1.
Tier 2– To gain access to Tier 2, you must provide your full address; you will be able to make deposits, withdrawals, and trade in both digital and fiat currencies.
Overall, it’s a terrific platform for US citizens because they’ll be able to trade BTC utilising Margin with Kraken.
| Trading Fees |
0.16% – 0.26% + Discounts
|
| Cryptocurrency available | More than 50 |
| Customer Support | Round the clock live chat support is available |
| Withdrawal Limits | Without KYC: $5,000 USD / With KYC: $1,000,000 USD / 24 hours |
5) Bisq
It’s also known as BitSquare, and it’s a peer-to-peer currency exchange for Bitcoin, Ethereum, and other cryptocurrencies. It is the world’s only fully decentralised exchange that does not require you to provide personal information like as your name or email address, nor does it require KYC or AML.
It is one of the more advanced exchanges on the list, but it still has low volume and may be difficult for new users to navigate. Users like Bisq because of its security, as they use Tor and do not store money or BTC on their servers or accounts.
Many people favour Bisq since it is an open-source exchange with no KYC requirements, supports over 15 different payment methods, and has software that can be downloaded. This exchange is non-custodial, meaning that only the users have access to and control over their funds.
The fact that it offers 126 different cryptos, including BTC, is what makes this exchange stand out. The volume on this exchange is 4 BTC at the time of writing, with 11 cryptocurrencies/crypto asset pairs listed.
| Trading Fees | 0.001 BTC – 0.001 BTC |
| Supports | Windows, Mac, and Linux platforms |
| Payment | More than 15 different payment options |
6) Bitmax
It was founded in 2018 and is one of the finest crypto exchanges without KYC. It’s a well-known altcoin exchange that’s still relatively new to the market but has a lot to offer in terms of features and services. The good news is that it allows you to trade altcoins on margin for cryptocurrencies that are less liquid. Bitmax does not require KYC or AML for deposits or withdrawals.
It’s mostly a BTC exchange, but you’ll also discover Cardano, DASH, ETH, Bitcoin Cash, ETH classic, and other cryptocurrencies. They hold airdrops on a regular basis and allow users to earn money by lending BTMX.
People favour Bitmax because it has a large volume and an easy-to-use interface; as a result, if you don’t want to go through KYC, this is one of the better possibilities.
Their signup and registration process is likewise very straightforward; all you have to do is input your email address to create an account. There is no requirement for verification, but there is a daily volume restriction of 1 BTC without KYC, and withdrawals may require KYC to be updated in some situations. As a result, before signing up with them, you should read their policies.
Bitmax has a large volume of roughly 126,000 BTC and is ranked in the top 10 on CMC, so you don’t have to worry about liquidity.
| Trading Fees | 0.085% – 0.085% + Discounts |
| Fiat Deposits | Credit or Debit card |
| Withdrawal Limits | Without KYC: 2 BTC / With KYC: 100 BTC / 24 hours
|
7) KuCoin
Partially KYC is used by a number of exchanges, including this one. This platform is believed to be one of the top Binance alternatives because it offers a large number of coins to choose from. This platform, which was founded in 2017, is the most popular for altcoins.
Traders would not be needed to undergo verification with KuCoin unless they notice any disagreeable or suspicious activity in their account, or if they want to trade more than 2 BTC per day. This exchange features some of the top crypto projects, all of which have the potential for growth and a user-friendly trading environment.
KuCoin has evolved into a crypto corporation that provides its users with a vast array of services organised into many categories. It’s simple to use and lists a variety of tokens that aren’t listed on larger exchanges. It has received funding from venture capital firms like IDG Capital and Matrix Partners.
You can do spot trading, margin trading, derivatives, mining pools, staking, and loans on KuCoin, and the trading cost structure is highly competitive.
| Trading Fees | Spot: 0.1% – 0.1% / Futures: 0.02% – 0.06% + Discounts |
| Withdrawal Limits | Without KYC: 5 BTC / With KYC: 100 BTC / 24 hours
|
| Daily trade volume | $100 million |
8) CoinSwitch
This is one of the top cryptocurrency exchanges that does not require KYC verification because it allows you to trade cryptocurrencies at the best prices. They allow you to trade over 400 cryptos, cryptocurrencies, and tokens without having to create an account on any exchange. This exchange was founded in 2017 and is situated in India. In just a few years, it has executed over 1 million transactions.
You can also buy Bitcoin without using a credit card such as Visa or Mastercard. CoinSwitch is a one-stop shop for all your crypto needs, supported by venture capital firm Sequoia Capital.
You’ll be surprised to learn that they offer over 1,00,000 crypto pairs from all of the major exchanges, allowing for seamless crypto currency trading.
It works with a variety of exchanges, which explains why its transaction cost is a little hazy. CoinSwitch is popular since it requires no KYC, offers a wide range of cryptocurrencies, is simple to use, and allows for fiat trades.
| Trading Fees | 0% to 0.49% depends on the market
|
| Exchange Limits | No limits |
| Payment | Supports credit card transactions in partnership with Simplex |
9) CoinBase
People use this exchange since it facilitates cryptocurrency trading while also providing high security. Coinbase offers a large number of cryptocurrency options, as well as a simple user interface and good liquidity. Various exchanges have been linked to fraudulent activity, but there has been no such news concerning Coinbase to date.
They provide their users with protected custodial wallets in which to store their assets. For newcomers, their custodial accounts are relatively simple to use.
You should also be aware that they, not the investors, hold the private keys to the currencies. They also have a Pro edition with a same cost structure but more charting and indicator options.
After you’ve utilised the basic version and become a trading pro, you can upgrade to CoinBase pro, which has more advanced capabilities.
| Transaction fee | 2% |
| Payment | Bank account, USD wallet, debit/credit card, ACH transfer, Wire transfer, and crypto conversion |
| Customer Service | Coinbase help page, emailed support tickets, an automated phone system, and a chatbot. |
10) Bitfinex
This is yet another of the world’s best-performing exchanges. Bitfinex has been in business for almost a decade and has always been at the forefront of technological advancement in the digital asset trading industry. They want to provide the greatest crypto trading experience for its customers.
They are known for having the industry’s deepest liquidity order books and providing unmatched customer service. This platform allows you to accomplish a variety of things, including trading, derivates, funding, securities, margin trading, and much more. As a result, Bitfinex might be considered the birthplace of digital asset trading.
It offers a configurable interface that allows you to create your own layout, choose from many themes, and set up notifications. It comes with a variety of order types to provide traders with the tools they need to deal with any situation.
They offer high-liquidity order books, allowing customers to easily swap BTC, ETH, Ripple, Litecoin, NEO, and other digital assets with minimal slippage.
| Trading Fees | Spot: 0.100% – 0.200% / Derivatives: -0.0200% – 0.0750% + Discounts |
| Withdrawal Limits | Without KYC: 2 BTC / With KYC: 100 BTC / 24 hours |
11) PrimeXBT
If you’re looking for a crypto exchange that doesn’t need you to provide your KYC information, this could be a good choice. It’s best for margin trading and supports crypto, stock indices, commodities with larger leverage, and currency trading. PrimeXBT was founded in Seychelles in 2018 and has quickly risen to become one of the most popular cryptocurrency exchanges.
It will astound you to learn that its average daily trade volume exceeds $1.5 billion. They have a number of advantages, one of which is that they provide the largest leverage across all asset classes for trading.
You may trade 9 different crypto trading pairs in 5 different cryptos with PrimeXBT, including BTC, ETH, EOS, Litecoin, and Ripple. Advanced indicators, chart kinds, and order types are all supported by an easy-to-use and configurable interface. PrimeXBT is a Bitcoin-based margin trading platform that lets you trade more than 30 different assets and currencies with just one account.
| Trading Fees | 0.05% |
| Country Available |
Worldwide (170+ Countries)
|
| Minimum Deposit Limit | 0.001 BTC |
| Margin Limits/Leverage Up To | 100X |
12) Cash App
It’s a fantastic crypto exchange because it’s simple to use and provides a variety of withdrawal choices to other crypto wallets. Cash App offers a user interface that is extremely simple to use, it can withdraw Bitcoin, and it allows for peer-to-peer money transfers. This means you’ll be able to split meals, pay rent, and even shop online with a Cash App-enabled business.
You will be able to invest in stocks, Bitcoin, and exchange-traded funds on this exchange. This platform is ideal for beginners because its mobile-first interface is simple to understand and utilise. Cash App also allows you to make money transactions and invest in cryptocurrencies. The good news is that it allows customers to withdraw their crypto investments directly to their personal wallets.
| No. Currencies Available for Trade: | 1 |
| Transaction Fees: | Varies |
| Wallet Included: | Yes |
13) BTSE
It’s a fantastic crypto margin exchange based in the United Arab Emirates. They want to provide people with the security and efficiency they need to confidently invest in financial independence. They develop a suite of services that allow you to control your financial freedom using Bitcoin and other digital asset technologies.
They provide up to 100X leverage on numerous spot and futures markets. Traders can settle profits on any fiat asset of their choice, as well as with SWIFT transfers and no withdrawal limitations, if they so desire. It’s a one-of-a-kind platform in that it doubles your first future deposit of up to $100, thus giving you $100 for free. Isn’t this fantastic?
Because it includes all fiat, crypto, and stable coin pairs in every market in one order book, it provides a one-stop solution for all your crypto needs. BTSE is complemented with a suite of financial services that work together to enhance your personal and professional finances.
They have over 1 million order requests, virtually no downtime due to hot upgrades, 99.9% of funds in cold storage, entirely self-hosted infrastructure, and horizontal scaling.
| Trading Fees | Spot: 0.10% – 0.20% / Futures -0.01% – 0.0600% + Discounts |
| Customer support | |
| Withdrawal Limits | No limits |
14) HodlHodl
It’s a non-custodial peer-to-peer BTC exchange platform. Its primary goal is to make the payment system totally decentralised, with no single point of failure. The good news is that they do not keep the funds of the users; instead, they provide an escrow service by building a multi-signature wallet between them.
Hodl is a completely decentralised marketplace where you may exchange Bitcoin with other people while remaining completely anonymous. Users can also connect and trade on their own terms, such as using cash, meeting in person, and so on. This platform is similar to LocalBitcoins in that it does not need you to complete the KYC information and instead allows you to remain anonymous.
| Trading Fees |
0.6% Shared between both parties |
| Withdrawal Limits | No Limits |
15) AAX
Users can trade futures, spots, P2P trading, Fast Buy, and OTC markets on this fantastic crypto trading exchange. You’ll be surprised to learn that over 2 million investors have put their trust in it and are satisfied with the superb features and user-friendly interface it provides.
AAX is powered by the well-known matching engine LSEG Technology, which allows you to trade cryptocurrency at breakneck speeds. They provide over 50 crypto-to-crypto pairs, as well as simple deposits and withdrawals and market monitoring. This platform supports over 20 cash currencies, as well as peer-to-peer (P2P) transactions with secure escrow and speedy settlements.
| Trading Fees | 0.060% / 0.100% + Discounts |
| Withdrawal Limits | Without KYC: 2 BTC / With KYC: 100 BTC / 24 hours |
16) BaseFEX
It’s a new crypto exchange that doesn’t require KYC verification; you don’t have to provide them any personal information to use it; all you have to do is submit your email address to finish the registration process. They claim to represent original crypto values, making it a trustworthy platform.
You should be aware that they only accept Bitcoin as a form of payment, and you can only withdraw Bitcoin from the platform; this means that they do not function with fiat currency. They feature a 100X leverage and provide dependable currency settlements to reduce the risk to the user.
After reviewing everything about BaseFEX, it can be concluded that it is a trustworthy platform that does not require KYC documents. So, if you don’t want to share your personal information, you can use this platform.
| Trading Fees | 0.0200% – 0.0600% + Discounts |
| Withdrawal Limits | No Limits |
17) SimpleFX
It is one of the finest crypto exchanges without KYC since it employs cutting-edge technology, offers large spreads, and operates under clear terms. You will be able to trade a variety of altcoins, FX, indices, CFD crypto, and BTC with this platform without any verification if you deposit with BTC. It’s a cutthroat platform for trading traditional markets with Bitcoin.
You can utilise their site without revealing any personal information; all you have to do is register with your email address. You will receive an email with information on how to change your password. If you want to deposit or withdraw fiat money from your SimpleFX account, you must first complete the verification process.
| Trading Fees | No fees only spread |
| Withdrawal Limits | No Limits |
18) Tradeogre
It’s one of the remaining original crypto exchanges, and while it’s not very well-known, it offers anonymous trading in a variety of altcoins. They offer a straightforward trading experience and do not require you to supply any personal information in order to sign up.
In comparison to other companies in the market, their fees are quite low. Nonetheless, it has been alleged that their team is also keeping their identities hidden, creating concerns about their credibility and authority. Another disadvantage of Tradeogre is that they provide no genuine help and simply have a Twitter account, leaving many questions unanswered from users all over the internet.
They don’t require KYC for trading and specialise in supporting private cryptos like PriveChain, Monero, and Zcash.
| Trading Fees | 0.2% |
| Withdrawal Limits | No Limits |
19) Evonax
It is another non-KYC crypto exchange that was created in 2016 and allows you to make rapid crypto-to-crypto transactions. Evonax is a platform that prioritises privacy and security, and it is a global instant swap operating exchange used by a large number of people.
They provide a cryptocurrency to PayPal exchange, making their service adaptable; also, customers can use the site for crypto cashouts to a limited extent. You can make rapid swaps using a variety of UTXO-based currencies on this site without finishing the registration process.
BTC, BTC Gold, BTC Cash, BTC SV, Dash, Dodge, ETH, Litecoin, Monero, and Zcash are among the cryptocurrencies that Evonax accepts. They also provide trading pairs with round-the-clock customer support, as well as pure crypto-to-crypto exchanges that require nothing more than the wallet addresses.
| Trading Fees | Fixed |
| Withdrawal Limits | Minimum depends on currency / No max limits |
20) Redeem
It is one of the greatest non-KYC Crypto Exchanges and Mixers on the market because it supports many popular Altcoins and allows you to use it anonymously. It’s ideal for anyone looking for a non-KYC platform with no logs policy. Redeem is a controlled exchange that does not require its users to pass KYC or AML checks in order to use its services.
These are some of the greatest cryptocurrency exchanges that don’t require KYC and have better product and feature offers. All of these exchanges do not require KYC verification or AML papers, and the best part is that you can open an account in just a few minutes. However, before completing the registration process, it is usually a good idea to review their terms and policies, particularly their deposit and withdrawal policies.
So, depending on your needs and budget, you can choose any Crypto exchange and begin trading.
