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Author Topic: Non-KYC exchanges for Bitcoin trading and compare trading fees.  (Read 4442 times)

Offline tranthidung

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Non-KYC exchanges for Bitcoin trading and compare trading fees.
« on: December 27, 2023, 02:51:56 AM »
KYC is pain and if you do KYC on a centralized exchange, you lose your identity document, forever.

If you are seriously with your privacy, anonymity, you will have need to look for non-KYC exchanges. Then you will have to compare their trading fees.

There are three websites for you to do so.
...Tumbler.io......Because.Your.Privacy.Matters......Bitcoin.Mixer...

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Non-KYC exchanges for Bitcoin trading and compare trading fees.
« on: December 27, 2023, 02:51:56 AM »

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Offline Bobcrypto

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #1 on: December 27, 2023, 08:21:46 AM »
KYC is complying with regulations by Cex exchanges and i don't think it pose any form of risk or intended to put any person in danger. Obviously, if anyone plan to do a legitimate crypto business, I think it is necessary to be compliance to enable Cex exchanges do it's business in every country that regulations are required by the law of these countries.
Fees charged by Cex exchanges varies from one exchanges to the others, there are some exchanges that has higher trading/withdrawal fees while some are cheap. I will encourage anyone to, at least, to have three Cex exchanges to compare fees from time to time.

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Offline Hatchy

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #2 on: December 27, 2023, 08:39:30 AM »
KYC is complying with regulations by Cex exchanges and i don't think it pose any form of risk or intended to put any person in danger. Obviously, if anyone plan to do a legitimate crypto business, I think it is necessary to be compliance to enable Cex exchanges do it's business in every country that regulations are required by the law of these countries.
Fees charged by Cex exchanges varies from one exchanges to the others, there are some exchanges that has higher trading/withdrawal fees while some are cheap. I will encourage anyone to, at least, to have three Cex exchanges to compare fees from time to time.
No one has claimed that KYC poses any risk, my friend. It's for people who value privacy, and I consider myself one of them. KYC not only exposes your identity but also jeopardizes your privacy. These risks include not only being exposed to government authorities but also providing scammers with enough data to potentially plan a scam. KYC has long aided governments in easily identifying hackers and crypto thieves. However, it's unclear how exactly it benefits us, the customers. Many decentralized exchanges are now making KYC verification mandatory, and soon there might not be any decentralized exchanges without the KYC option. This shift raises concerns about the balance between privacy and security for users in the cryptocurrency world.

Offline owlest

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #3 on: December 27, 2023, 08:49:49 AM »
KYC is pain and if you do KYC on a centralized exchange, you lose your identity document, forever.

If you are seriously with your privacy, anonymity, you will have need to look for non-KYC exchanges. Then you will have to compare their trading fees.

There are three websites for you to do so.
I am interested in one question: how safe are the exchanges on these platforms? I ask not because I distrust you, but because anything new to me is unfamiliar and untested personally. Have you personally conducted exchanges on one of them? I am against verification, which is why I became interested in this topic.
...Tumbler.io......Because.Your.Privacy.Matters......Bitcoin.Mixer...

Online Fivestar4everMVP

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #4 on: December 27, 2023, 11:16:41 PM »
Unfortunately, we cant actually find bitcoin on any decentralized exchange except for the wrapped versions which actually, are not real bitcoin.
And what I am meaning to say is that, it's hard to come by a centralized exchange where free off kyc bitcoin services are offered, except for really new exchanges, which could as well be risky to trade on, since first.
  • they possibly will lack volume and liquidity to make trade seemless, effortless and fast.
  • And secondly, there is a high chances one may never be able to withdraw their money, which means the exchange is a scam.
And what I did say in all of this is, it's better to kyc and be safe with your funds, and also trade anytime on top exchanges with good volume and liquidity, than avoid kyc enabled exchanges and risk losing your money on untrusted exchanges.
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Offline Ambatman

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #5 on: December 28, 2023, 12:15:57 AM »
As @Bobcrypto has said it doesn't pose much issues except you one who values privacy and i believe this is usually accompanied by huge amounts.
And also you are not the owner of the keys if any thing happens to the exchange then your money is at risk.
This is some of the fault i cam find in CEX.
How many people can really boast that they have no internet footprint
Many individuals buy their Bitcoin from CEX and move to a cold wallet for safe keeping.

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #6 on: December 28, 2023, 01:00:45 AM »
I am interested in one question: how safe are the exchanges on these platforms? I ask not because I distrust you, but because anything new to me is unfamiliar and untested personally. Have you personally conducted exchanges on one of them? I am against verification, which is why I became interested in this topic.

I assume you know that no one can give you any guarantees that an exchange service is 100% safe, not even Binance. Even if OP or I have a great experience with one of the exchangers, that doesn't mean that you won't have a problem with them or that they won't go bankrupt after a month, or be hacked.
That's why discussions like this are very important, where users will share their experiences, which will help you if you have doubts when using any service.
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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #6 on: December 28, 2023, 01:00:45 AM »


Offline tranthidung

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #7 on: December 28, 2023, 03:07:01 AM »
I am interested in one question: how safe are the exchanges on these platforms? I ask not because I distrust you, but because anything new to me is unfamiliar and untested personally. Have you personally conducted exchanges on one of them? I am against verification, which is why I became interested in this topic.
I only shared websites to find non KYC exchanges for people who need it.

Don't trust me on it. Don't trust those websites.
Verify information from me, from them, make your decision to use or not.
With those exchanges, and with any exchange you try a first time, try small.

Community can point a request to fix issues, report scam issues if they find it to kycnot.me team.

Unfortunately, we cant actually find bitcoin on any decentralized exchange except for the wrapped versions which actually, are not real bitcoin.
Wrapped Bitcoin tokens are tokens. They are altcoins and not Bitcoin. Don't try to save on chain transaction fees and miss Bitcoin, fall into scam tokens.

I assume you know that no one can give you any guarantees that an exchange service is 100% safe, not even Binance. Even if OP or I have a great experience with one of the exchangers, that doesn't mean that you won't have a problem with them or that they won't go bankrupt after a month, or be hacked.
It is very true.

Exchangers can bite the dust anytime and history shows this truth.
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Offline owlest

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #8 on: December 28, 2023, 08:19:44 AM »
I only shared websites to find non KYC exchanges for people who need it.
Don't trust me on it. Don't trust those websites.
Verify information from me, from them, make your decision to use or not.
With those exchanges, and with any exchange you try a first time, try small.
I understand the responsibility that falls on me. If I make a decision, I will be solely responsible for it. Although I do not trust the crypto exchange, I have no other choice but to use it. Although I do not trust the crypto exchange, I have no other choice but to use it. Therefore, I must take risks.
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Offline Gladitorcomeback

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #9 on: December 28, 2023, 12:34:11 PM »
KYC is pain and if you do KYC on a centralized exchange, you lose your identity document, forever.

If you are seriously with your privacy, anonymity, you will have need to look for non-KYC exchanges. Then you will have to compare their trading fees.

There are three websites for you to do so.
Having the option to trade cryptocurrency without doing any KYC and staying anonymous is very lucrative thing for any crypto enthusiast because of all the risk of hack and theft in crypto. but Honeslty speaking. I would always prefer a reputable and trusted Exchange which require KYC rather than putting my hard earned money in these unknown exchanges which lure people to deposit in them without KYC. it is my personal opinion but I will not trust an unknown exchange just because of the KYC thing. unless that exchange is very reputable.
BTW. if it is really important for someone to keep their privacy and avoid KYC. then I suggest them to use them DEX exchanges (Swaps etc) rather than using a CEX.
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Offline bitmover

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #10 on: December 28, 2023, 06:41:12 PM »
https://kycnot.me/

I am impressed that I couldn't find https://exch.cx/ there.

This is the service I have been using now, and I am completely satisfied. I was exchanging some of my BTC there before fees went crazy. When we are in levels below 40 sat/vbyte I will try again
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Offline tranthidung

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #11 on: December 29, 2023, 01:53:38 AM »
https://kycnot.me/

I am impressed that I couldn't find https://exch.cx/ there.

This is the service I have been using now, and I am completely satisfied. I was exchanging some of my BTC there before fees went crazy. When we are in levels below 40 sat/vbyte I will try again
Are you sure?
I assumed it is not there and checked with Wayback Machine. In early 2022, the site did not list exch.cx but in December 2022, it already was on the site. I only check a first and last month of 2022.
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Offline Wiseman

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #12 on: December 29, 2023, 08:53:33 AM »
KYC is pain and if you do KYC on a centralized exchange, you lose your identity document, forever.

If you are seriously with your privacy, anonymity, you will have need to look for non-KYC exchanges. Then you will have to compare their trading fees.

There are three websites for you to do so.
I am interested in one question: how safe are the exchanges on these platforms? I ask not because I distrust you, but because anything new to me is unfamiliar and untested personally. Have you personally conducted exchanges on one of them? I am against verification, which is why I became interested in this topic.
It looks extremely unattractive and was made in the early 2000s sitting on my knee))))). These are ordinary exchangers, not any exchanges, I would change something there only if I was forced to do it at gunpoint)))).
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Offline owlest

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #13 on: December 30, 2023, 09:50:24 AM »
KYC is pain and if you do KYC on a centralized exchange, you lose your identity document, forever.

If you are seriously with your privacy, anonymity, you will have need to look for non-KYC exchanges. Then you will have to compare their trading fees.

There are three websites for you to do so.
I am interested in one question: how safe are the exchanges on these platforms? I ask not because I distrust you, but because anything new to me is unfamiliar and untested personally. Have you personally conducted exchanges on one of them? I am against verification, which is why I became interested in this topic.
It looks extremely unattractive and was made in the early 2000s sitting on my knee))))). These are ordinary exchangers, not any exchanges, I would change something there only if I was forced to do it at gunpoint)))).
I am currently using the allowed exchangers. So far, there have been no issues with them. However, if they are shut down (and there is already talk about it), we will need to find an alternative. These sites may be a viable option. I do not see any other choice, as almost all centralised exchanges require verification.
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Offline Master107

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #14 on: December 30, 2023, 12:12:33 PM »
IMO, it depends to users.

Some users does not have any issue by passing KYC. In other hand some are so concern about their identity maybe they are inline in politics, showbiz, sports, and so on.

This thread is perfect for people that are looking for privacy and anonymity.

Centralized or decentralized, use exchanges with caution and beneficial.


 

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