Non-KYC exchanges for Bitcoin trading and compare trading fees.

[dkbit98]

If you are a small time trader, its questionable do you even need a centralized exchange as a good DEX should have enough volume for all your needs. And problem is not only the data leak, but the fact that centralized exchanges will sent your data to your tax service whether you want it or not (andf at least in my country people tend not to report their crypto gains).

Most of the small traders don't need to use centralized exchanges and do kyc verification, but they still do it, and they think Binance exchange is their ''wallet' 
Another down side of using this exchanges is risk of coins confiscation, account getting frozen, higher fees for withdrawal, and risk of hacks and leaks.


PS
Nice to see you here Rikafip!
Check out our local board in this forum, maybe it's time to revive it 

[tranthidung]

Most of the small traders don't need to use centralized exchanges and do kyc verification, but they still do it, and they think Binance exchange is their ''wallet' 
Another down side of using this exchanges is risk of coins confiscation, account getting frozen, higher fees for withdrawal, and risk of hacks and leaks.

Generally speaking, it is common on centralized exchanges, not only Binance. Please feel it a right way, I am not defending Binance.

People are funny this way, they can say "I want to control my coin, have key of my coin. I want to have DEX to use ..."

Later in practice, they stake their coins on DEX, and nightmare is always waiting to drop on their heads.

By this example, I mean they just saying and don't actually understand what they say.

[MrSpasybo]

Most of the small traders don't need to use centralized exchanges and do kyc verification, but they still do it, and they think Binance exchange is their ''wallet' 
Another down side of using this exchanges is risk of coins confiscation, account getting frozen, higher fees for withdrawal, and risk of hacks and leaks.

In fact, investors participate in crypto market to seek profits. Safety and convenience are both things that investors need and they will balance them during the investment process.

Using CEX to trade and store a portion of crypto assets is also completely normal and common. Many traders with millions of dollars in their accounts still trust Binance because Binance has not had any problems, they even refunded users all assets in the 2019 hack. It would be inconvenient to have to constantly deposit and withdraw crypto from exchange for personal wallets (hot wallets or cold wallets) several times a day whenever a transaction signal is identified.

The problem is similar with KYC: it is the most popular way for users to access the full range of services like Margin and Future on CEXs they trust.

[Gurujebs]

Most of the small traders don't need to use centralized exchanges and do kyc verification, but they still do it, and they think Binance exchange is their ''wallet' 
Another down side of using this exchanges is risk of coins confiscation, account getting frozen, higher fees for withdrawal, and risk of hacks and leaks.

There is no Tier 1 centralized exchange that let's you trade either small amount or big amount without a proper kyc. kucoin use to be available for everyone but I guess regulations and scrutiny made them change mind and mandated kyc for everyone on the exchange. Now you need a kyc to buy and sell crypto worth of $10 on most of this centralized exchanges.

I think the centralized has eaten diply a lots into crypto enthusiasts that's it's hard for them to use Decentralized exchanges. Even the Dexes that are available are not work on, some lack proper upgrade and it's not simple to use for many people unlike centralized that makes comfort for it people even when we know it can't be trusted.

[IyemRoker]

There are three websites for you to do so.

• https://kycnot.me/
• https://orangefren.com/
• https://coinmarketfees.com. It seems the website is not keen on non-KYC exchanges but you can try.

Have these three websites been tested for security?
Have you tried it and can your money be saved from these three websites?
I doubt the strength, security and service of these three websites because I have only seen and read them as of today.

In the past, Binance did not apply KYC to its users if the WD was worth 0.2 Bitcoin, but after various new regulations and rules, Binance accounts must use KYC.
Now it is difficult to avoid centralized exchanges if you don't want KYC because all CEXs require KYC.

[rizqillah]

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.

• https://kycnot.me/
• https://orangefren.com/
• https://coinmarketfees.com. It seems the website is not keen on non-KYC exchanges but you can try.

Good info, But I personally prefer used KYC in reputable exchange.
I know crypto is anonymous, but I just do daily trading at  finance, kucoin and Huobi.
I think those  are reputable coin that won't share our privacy date.
No worries about them and team.
Maybe almost all crypto enthusiasm know what is binance, Kucoin and Huobi

[Zed0X]

~
Good info, But I personally prefer used KYC in reputable exchange.
I know crypto is anonymous, but I just do daily trading at  finance, kucoin and Huobi.
I think those  are reputable coin that won't share our privacy date.
No worries about them and team.
Maybe almost all crypto enthusiasm know what is binance, Kucoin and Huobi

Crypto is not anonymous unless its Monero.

Do not ever think that the centralized exchanges you claim as reputable will not share your personal information and trading history one day. There is a big reason why they ask you to pass KYC verification and that is to save it in their database then submit to authorities if there's a legitimate order to do so.

Another reason why you should be worried about submitting your IDs is the risk that it could land into a hacker's hand and then sold.

[NikeFit_7777]

Crypto is not anonymous unless its Monero.

Do not ever think that the centralized exchanges you claim as reputable will not share your personal information and trading history one day. There is a big reason why they ask you to pass KYC verification and that is to save it in their database then submit to authorities if there's a legitimate order to do so.

Another reason why you should be worried about submitting your IDs is the risk that it could land into a hacker's hand and then sold.

I'll tell you more, those exchanges where I went through verification, (2-3 years ago) repeatedly want me to do it again. Or they do not allow me to withdraw funds. And this is normal, you should be ready for such rules. We store funds on their platforms = they can do what they want and no one forbids them. 

P.S. You don't have to worry about funds leaking out. The exchanges don't benefit from this. They can be fined + shut down permanently. I used to wonder the same thing. Then I realized it couldn't happen. Or if you are afraid, don't go through verification + don't use cryptocurrency exchanges (where necessary) = the issue will be solved.

[Rikafip]

Most of the small traders don't need to use centralized exchanges and do kyc verification, but they still do it, and they think Binance exchange is their ''wallet' 

People will always prefer what is more convenient for them and vast majorify of those that are into crypto don't really care about "being your own bank" and everything else that Bitcoin stands for so its not a surprise that people tend to use centralized exchanges as banks and I don't see it changing in the near future.

Check out our local board in this forum, maybe it's time to revive it[/size] 

Yeah I checked it out a little bit, hopefully more of us come here so we can revive the local. I'll deff try to be active there as well.

[Cryptsafe]

Yeah, I'm just a normal user and have no problem with KYC, I'm willing to do KYC to be able to trade crypto with fiat. Of course, I only use the most reputable CEXs to avoid personal data being misused for bad purposes.

Yes, for now it is like that. CEX will usually require KYC verification, especially if you are going to transfer to a bank or fiat account, or make a deposit from a bank account, or use a P2P trading system. I don't know what the KYC is like, starting from the simplest or complete with personal data. However, there are some that don't require KYC. So this will automatically become our choice and our goal in using the CEX. If we don't want to do KYC, then DEX is one of the most appropriate choices. Or use a P2P system which is definitely trustworthy, not fake ones found in certain groups/channels/social media. Make sure that the P2P is truly trustworthy and has a reliable reputation.

Possibly, if anyone is trying to avoid kyc, then the DEX would be much preferable than the CEX that has no kyc because the CEX would one day demand for your details after they must have had enough client for them to start behaving abnormal or they must have had  or heard from the government of their region but the DEX has no country and nobody knows who is who while transacting. That is what I believe most of crypto enthusiast wants.

[tranthidung]

Good info, But I personally prefer used KYC in reputable exchange.

That's the point. People have something to hide and if you have such need, you will look for non-KYC exchanges but of course if you don't have such needs, big KYC exchanges will be your choices.

I know crypto is anonymous, but I just do daily trading at  finance, kucoin and Huobi.
I think those  are reputable coin that won't share our privacy date.
No worries about them and team.
Maybe almost all crypto enthusiasm know what is binance, Kucoin and Huobi

You are missing a point here.

Not all cryptocurrencies are anonymous in their blockchains and transactions. They mostly have public and traceable ledgers that means everyone can check your addresses and transaction history with many available block explorers.

Don't trust CEX and their promise that your KYC document will be kept safely by them. They can have data breaches or they can sale those data for money.

If you receive many emails from strangers, it's time to check your email address with https://haveibeenpwned.com/

[bounceback]

Actually has advantage and disadvantage when using CEX or DEX for trading, some trader not comfortable and annoying KYC required with CEX exchange but I don't see any problem with your document or data sell on the black market after passing KYC on CEX exchange. Easily trade or sell our coin trough P2P transaction by using CEX exchange why make many people not comfortable for passing KYC on CEX exchange?
I don't problem if you choose DEX exchange but there are not limit order when you trade coins difference with CEX exchange you can put what price do you want for selling or buying coins.

[Bitcoin_people]

In today's world we know most people go to Bitcoin and other platforms without KYC just to keep their identity private. It is very necessary and important that they exchange in non KYC exchanges and there their identity remains hidden. When a person's identity is not hidden but people know him and how much money he invests, if this news is revealed, then that person must wear many kinds of victims. If all these exchanges provide enough security and anonymity in trading then surely people will invest a lot here.

[dkbit98]

People will always prefer what is more convenient for them and vast majorify of those that are into crypto don't really care about "being your own bank" and everything else that Bitcoin stands for so its not a surprise that people tend to use centralized exchanges as banks and I don't see it changing in the near future.

[/size]
Old habits die hard. 
People got used to banks and now they want to turn crypto into one more bank-like service, because it's easy.

[/size]
Yeah I checked it out a little bit, hopefully more of us come here so we can revive the local. I'll deff try to be active there as well.

Zombieland Rising - new movie 
I don't know what to write that we already dont have in other forum, only thing I could think of is privacy, mixers and altcoins.

[sampoerna]

In today's world we know most people go to Bitcoin and other platforms without KYC just to keep their identity private. It is very necessary and important that they exchange in non KYC exchanges and there their identity remains hidden. When a person's identity is not hidden but people know him and how much money he invests, if this news is revealed, then that person must wear many kinds of victims. If all these exchanges provide enough security and anonymity in trading then surely people will invest a lot here.

Unfortunately, even though they promise city data security during verification, there is no guarantee that our data is truly safe. Cyber ​​crimes are very strong and the slightest weakness can be an opening for them to destroy the security of the platform. And indeed this is our risk when carrying out KYC with our identity, especially our ID data. And indeed, non-KYC exchange is usually an alternative for those who don't want to do it. But unfortunately, regulations in our country sometimes force us to do it on CEX so we can withdraw to fiat easily.