Looking for the best No KYC crypto exchanges? You’re at the right place!
In today’s crypto world, KYC is necessary for most users. And, if you have ever created an account with a large cryptocurrency exchange, you have likely been asked to go through the KYC procedure before making any trades.
We all know that keeping tabs on unlawful activities is why KYC exists. Still, no one likes dealing with issues that put private information at risk.
We have compiled a list of 10 of the most reputable no-KYC cryptocurrency exchanges where you can trade without disclosing personal details or KYC.
So, without further ado, let’s jump right into it!
Contents
10 Best No KYC Crypto Exchange Options
Binance
This exchange is the best no-KYC crypto exchange. Also, it’s anonymous, accepts all Altcoins, and is the best exchange we’ve found. They were earlier based in China and amassed more than 6 million, monthly active users. But, they recently relocated to Malta, in the European Union, to avoid legal issues.
The exchange recently surpassed Bittrex and boasts about $4 million in 24-hour trading volume. You can trade, withdraw, and deposit up to 2 bitcoins daily without updating your KYC information on the exchange.
This exchange is popular because its fees are lower than other exchanges and supports more than 600 currencies and trading pairs. And also because its comprehensive charting features satisfy the needs of many traders.
In addition, you can do more than spot trading with them. They also provide access to other markets and services, such as loans, mining pools, margin trading, futures, and customized cryptocurrency debit cards.
They only need an email address from you to open an account, and there is no need for KYC checks for spot trading, which is great. But, be aware that those who deal in larger amounts of BTC will be required to undergo KYC before using the site.
Pros
- Globally renowned exchange
- Low fees
- Simple and attractive UI
- Safe and secure
Cons
- The U.S. version is more limited
| Number of Cryptocurrencies | 600+ |
| Minimum Deposit | Depends on the Payment method |
| Trading Fees | Up to 0.10% |
| Fees on Debit Card Transactions | Variable |
Official Website – https://www.binance.com/en
Bybit
Bybit is a prominent derivatives exchange, and by implementing a No-KYC system, it has gained even more users. It’s a Singaporean exchange that launched in 2018. Bybit’s many useful features make it the ideal platform for online trading. Plus, traders interested in using margins to expand their opportunities should use this platform.
Over $1 billion is traded on Bybit daily, which speaks about the platform’s depth in the market and the speed with which it can execute orders.
Bybit uses a maker fee and taker fee pricing mechanism for its trading fees. And, there is a 0.025% maker fee and a 0.075% taker fee. However, Bitcoin, Ethereum, EOS, XRP, and USDT are the sole deposit options at this exchange.
The popularity, speed, and use of Bybit have quickly propelled it to the forefront. Bybit provides many crypto margin trading recommendations, each offering valuable advice for exchanging crypto derivatives.
Bybit is a great crypto exchange. However, U.S. citizens are not allowed to trade or use their services.
In Bybit, you can exchange cryptos with a single click. Also, the platform is user-friendly, has no withdrawal limitations, has top-notch security, and has multiple crypto pairs.
Moreover, Bybit is unique among exchanges in that it provides 24×7 support. And, the team’s quickness in responding to user inquiries is a major plus. Hence, you won’t have trouble navigating the platform because of its intuitive design. To top it all off, it’s mobile-friendly, meaning you can trade wherever you are
Pros
- Easy-to-use interface
- Competitive trading fees
- Higher liquidity levels
- Brilliant customer support
Cons
- Lack of regulation
| Number of Cryptocurrencies | 100+ |
| Minimum Deposit | No Minimum Deposit |
| Trading Fees | -0.025% – 0.075% |
| Fees on Debit Card Transactions | Variable |
Official Website – https://www.bybit.com
Kucoin
Kucoin is one of the many exchanges that implements a no-KYC system. Also, since it lists so many different coins, this exchange is a strong alternative to other exchanges. This platform began in 2017 and is considered the best option for trading Altcoins.
In addition to traditional trading services like spot and margin trading, the exchange also facilitates lending and staking as well as derivatives, mining pools, and more.
Trading is possible in over 400 different markers, and the fees associated with doing so are minimal. Also, the daily trading volume on the exchange is near $100 million, and it only permits trading pairs between crypto assets.
Verification is optional for KuCoin users unless they wish to trade more than 2 BTC daily. Some of the most promising cryptocurrency projects, including those with the most favorable trading conditions and the most potential for future growth, can be found on this platform.
KuCoin has evolved into a cryptocurrency exchange offering various products and services to users. In addition, it is very simple to use and lists many tokens you can’t find on larger exchanges. Moreover, it has received funding from venture capital firms like IDG Capital and Matrix Partners.
Spot trading, leverage trading, futures, hashing pools, staking, and borrowing are all available on KuCoin. Plus, the trading price structure is among the most affordable in the industry.
Pros
- Solid and stable trading platform
- Transparent and competitive trading fees
- Wide range of alt-coins
- Brilliant customer support
Cons
- Not licensed in the U.S.
| Number of Cryptocurrencies | 600+ |
| Minimum Deposit | No Minimum Deposit |
| Trading Fees | Spot: 0.1% – 0.1% / Futures: 0.02% – 0.06% + Discounts |
| Fees on Debit Card Transactions | Variable |
Official Website – https://www.kucoin.com
PrimeXBT
PrimeXBT could be a good alternative for you if you seek a cryptocurrency exchange that does not require you to provide your KYC information. Trading cryptocurrencies, stock indices, commodities, and currency with increased leverage is possible with PrimeXBT.
You probably wouldn’t have guessed its daily trade volume is above $1.5 billion. One of PrimeXBT’s most significant benefits is that it offers the highest leverage of any trading platform across all asset classes.
PrimeXBT supports nine distinct cryptocurrency trading pairs across five cryptocurrencies (BTC, ETH, EOS, Litecoin, and Ripple). It offers advanced indicators, chart types, and order types.
It also has a user-friendly and adaptable interface. If you’re looking for a Bitcoin leverage trading service that supports 40+ assets and currencies, go no further than PrimeXBT.
You can trade Bitcoin and other digital currencies without providing any KYC information to the exchange. You can also modify its look and feel by incorporating your preferred order types, charts, and indicators. Traders of all skill levels will benefit from such customization.
Moreover, the platform’s trading fee is competitive compared to other markets. Plus, the trading fees are transparent, a huge time saver. You need an email address to sign up and access your account.
Pros
- The graphing and analysis features are comprehensive
- Turbo Trade is available for users
- You get incentives for bringing new users to the exchange
- Anywhere from commodities to cryptocurrencies, traders have a lot to choose from
Cons
- Trading pairs for cryptocurrencies are limited on this exchange
| Number of Cryptocurrencies | 40+ |
| Minimum Deposit | 0.001 BTC |
| Trading Fees | 0.05% |
| Fees on Debit Card Transactions | Variable |
Official Website – https://primexbt.com
Changelly
If you’re looking for a hassle-free and fully compliant KYC-free cryptocurrency exchange, go no further than Changelly. Thanks to this website, cryptocurrency can be bought, sold, exchanged, traded, and swapped all in one place without requiring KYC verification. Plus, they don’t steal data from users.
Using their services is as simple as creating an account on their website. Since its introduction in 2013, this infrastructure has grown to serve over 150 digital currencies.
But, in Changelly, you can only trade Bitcoin with Ethereum and Dash. And, you can trade freely without having to undergo KYC verification.
Additionally, you can use a virtual private network (VPN), providing an extra layer of protection. In addition, this exchange supports various payment methods, which is a major plus.
Another nice feature is an automated trading system that scans the web for the most favorable exchange rates. Although Changelly is a no-KYC crypto exchange, you will be required to complete KYC if they find any questionable activity from your account.
Pros
- Easy-to-use user interface
- Safe and secure
- Globally accepted
- Good limits and liquidity
Cons
- Can’t sell cryptocurrency for fiat money
| Number of Cryptocurrencies | 200+ |
| Minimum Deposit | $1 |
| Trading Fees | 0.5% |
| Fees on Debit Card Transactions | Variable |
Official Website – https://changelly.com
AAX
AAX is an excellent no-KYC cryptocurrency trading platform that supports futures, spots, P2P trading, Fast Buy, and OTC marketplaces for its customers. Amazingly, more than 2 million investors have faith in it and are completely content with it thanks to its high-quality features and intuitive design.
AAX’s matching engine, LSEG Technology, is widely recognized as the fastest in the industry, allowing for ultra-fast cryptocurrency trading.
They include market monitoring, instant deposits and withdrawals, and support for over 200 crypto exchange pairs. Also, the LSEG system allows for over 20 cash currencies, peer-to-peer transactions with a safe escrow, and speedy settlements.
The best feature of AAX is that it is very easy to use for newbies thanks to its easy-to-use interface, comprehensive help resources, and 24/7 online support.
Unlike futures trading, where costs can be as high as 0.06%, spot trading has low fees of only 0.1 and 0.15%. However, it’s important to note that AAX is unavailable to users in the United States. So if you live in the United States, you’ll need to find an alternative.
Pros
- Beginner-friendly
- No-KYC
- Has a great affiliate program
- Has a mobile app
Cons
- Low liquidity
| Number of Cryptocurrencies | 230 |
| Minimum Deposit | It depends on the crypto |
| Trading Fees | 0.060% / 0.100% + Discounts |
| Fees on Debit Card Transactions | Variable |
Official Website – https://aab.aax.com
Paybis
Paybis is a crypto exchange that does not require users to provide their personal information before making trades. Also, it does not hold cryptocurrency and is a liquidity service.
Paybis is compatible with fiat currencies such as the United States Dollar and the Euro. Plus, it is convenient for customers in various nations and supports up to 9 languages. Additionally, the interface is easy to use, even for inexperienced traders.
Paybis maintains no restrictions on trading at all. And, whatever transactions you do will be done in a decentralized way to ensure your privacy.
You will have access to various cryptocurrencies if you use this exchange. Plus, the feature to integrate your hardware wallet with the exchange further enhances your anonymity on the exchange.
In conclusion, this exchange is one of a kind compared to the more conventional crypto exchanges.
Pros
- Low fees
- Quick and fast registration
- High liquidity
- More than 47 cryptocurrencies present
Cons
- A demo trading account missing
| Number of Cryptocurrencies | 400+ |
| Minimum Deposit | $50 |
| Trading Fees | Spot: 0.1% – 0.1% / Futures: 0.02% – 0.06% + Discounts |
| Fees on Debit Card Transactions | Variable |
Official Website – https://paybis.com
BaseFEX
It’s a brand-new cryptocurrency exchange that doesn’t need KYC verification, so you may use it without giving up your personal information. All you need to sign up is an email address.
The platform currently deals with Bitcoin and only allows Bitcoin withdrawals. Hence, if you want to fund your account with dollars or euros, you’ll have to find another way. Also, they provide 100X leverage and dependable coin settlements to lessen the user’s vulnerability.
Considering all the information available, BaseFEX appears to be a trustworthy platform; furthermore, it does not require KYC paperwork from its users. Therefore, if you do not feel comfortable disclosing your identity, this is the site for you.
BaseFEX also monitors and prevents any market manipulation on the platform. Plus, high-volume trades are processed quickly because of their robust server infrastructure. Also, it has one of the best application programming interfaces (APIs) for non-key exchanges and is very popular.
Another great feature of BaseFEX is that it stores all the funds in offline cold wallets for safety reasons. Hence, your digital cryptocurrencies are safe from hackers.
In conclusion, BaseFEX is convenient for users who don’t want to deal with KYC checks when trading cryptocurrency. Also, BaseFEX features a protection fund for its leverage feature and can pay out in USDT and Bitcoin.
Pros
- High leverage contracts
- Low trading commissions
- Zero KYC verification
- Simple user interface
Cons
- Limits perpetual trading
| Number of Cryptocurrencies | 10+ |
| Minimum Deposit | No Minimum Deposit |
| Trading Fees | 0.0200% – 0.0600% + Discounts |
| Fees on Debit Card Transactions | Variable |
Official Website – https://basefex.com
BitFinex
BitFinex is another highly successful exchange located worldwide except for Bangladesh, Bolivia, and Ecuador. They have been operating as a market participant for more than ten years.
And they have consistently stood at the forefront of technological advancement in the trading of digital assets. In addition, they intend to provide their customers with the most enjoyable cryptocurrency trading experience possible.
They are well-known for providing the industry with the deepest liquidity order books and customer service on levels unmatched by any other company. You can engage in various activities on this platform, including trading, funding, commodities, leverage trading, and much more. Therefore, you might also say that Bitfinex is the center of activity for digital trading assets.
Also, it has a customizable user interface, allowing you to build your layout, choose from various themes, and configure notification preferences. In addition, it comes with various order types that provide traders with the tools they need to deal with any circumstance.
BitFinex offers very liquid order books, enabling customers to trade digital assets such as Bitcoin, Ethereum, Ripple, Litecoin, and NEO with minimal slippage.
Pros
- Low trading fees
- Very easy to use
- Reliable exchange
- Great UI
Cons
- Account verification takes a very long
| Number of Cryptocurrencies | 170+ |
| Minimum Deposit | No Minimum Deposit |
| Trading Fees | Spot: 0.100% – 0.200% / Derivatives: -0.0200% – 0.0750% + Discounts |
| Fees on Debit Card Transactions | Variable |
Official Website – https://www.bitfinex.com
FixedFloat
FixedFloat is among the best no-KYC crypto exchanges that do not need its users to provide KYC information before trading.
With FixedFloat, you can connect your Personal wallet to the exchange. Plus, FixedFloat has rapid confirmation rates on trades. Hence, transactions can be completed faster on FixedFloat than on other exchanges.
In addition, FixedFloat is an easy and user-friendly exchange that provides users with all the tools necessary to make the most of their digital assets. FixedFloat can give a versatile and custom-tailored solution based on your specifications.
Fixedfloat offers a comprehensive breakdown of each cryptocurrency, which is an invaluable resource for new investors entering the cryptocurrency market.
Pros
- No KYC requirements
- Safe and secure
- Fast and efficient
- Currently supports only 33 cryptocurrencies
Cons
- No fiat currency is available
| Number of Cryptocurrencies | 33 |
| Minimum Deposit | $1 |
| Trading Fees | Spot: 0.1% – 0.1% / Futures: 0.02% – 0.06% + Discounts |
| Fees on Debit Card Transactions | Variable |
Official Website – https://www.fixedfloat.com
No-KYC Crypto Exchanges Comparison
| Crypto Exchange | No. of Coins | Minimum Deposit | Trading Fees | Payment Methods |
| Binance | 600+ | Depends on Crypto | Up to 0.10% | Debit/credit cards, e-wallets, bank transfer |
| ByBit | 100+ | No Minimum Deposit | -0.025% – 0.075% | Debit/credit cards, bank transfer |
| Kucoin | 600+ | No Minimum Deposit | Spot: 0.1% – 0.1% / Futures: 0.02% – 0.06% + Discounts | Debit/credit cards, e-wallets, bank transfer |
| PrimeXBT | 40+ | 0.001 BTC | 0.05% | Debit/credit cards, bank transfer |
| Changelly | 200+ | $1 | 0.5% | Debit/credit cards, bank transfer |
| AAX | 230 | Depends on Crypto | 0.060% / 0.100% + Discounts | Debit/credit cards, e-wallets, bank transfer |
| Paybis | 400+ | $50 | Spot: 0.1% – 0.1% / Futures: 0.02% – 0.06% + Discounts | Debit/credit cards, e-wallets, bank transfer |
| BaseFEX | 10 | $0 | 0.0200% – 0.0600% + Discounts | Debit/credit cards, e-wallets, bank transfer |
| BitFinex | 170+ | No Minimum Deposit | Spot: 0.100% – 0.200% / Derivatives: -0.0200% – 0.0750% + Discounts | Debit/credit cards, bank transfer |
| FixedFloat | 33 | $1 | Spot: 0.1% – 0.1% / Futures: 0.02% – 0.06% + Discounts | Debit/credit cards, bank transfer |
Is It Safe to Use No-KYC Exchange?
Non-KYC exchanges are typically less secure than their KYC counterparts.
And, compared to their regulated competitors, non-KYC exchanges don’t always provide the same safeguards for their users. Hence, If a no-KYC exchange goes bankrupt or shuts down, you could lose access to your money for good.
FAQs
Here are some reasons why people use non-KYC exchanges:
For Privacy
The right to privacy and the significance of anonymity have been important elements of the cryptocurrency world for a considerable time. And users want to protect their privacy by not providing their KYC information.
Possibility of Using a Wider Variety of Cryptocurrencies
Many of the newest cryptocurrencies are available on non-KYC exchanges, which are not available on other exchanges.
Don’t Want to Wait for Approval
KYC verification takes a lot of time. But people don’t have that much time and want instant access to trading and funds. Hence, they use no-KYC exchanges.
Want to buy, sell, and trade cryptocurrency but don’t want to undergo KYC requirements? Use a No-KYC crypto exchange!
While governments worldwide keep a close eye on crypto, certain exchanges still don’t require customers to provide KYC information before making a transaction. Hence, you can use a no-KYC crypto exchange to buy crypto coins without KYC.
Using Paxful, you can buy Bitcoin anonymously by logging in with a temporary email address. And you can buy crypto without KYC using a credit card up to $1,000.
If you want to buy more than that, you’ll need to undergo KYC requirements. Paxful is a trusted platform for buying crypto instantly with a credit card and no KYC verification.
Bitcoin ATMs are a convenient option for buying Bitcoin discreetly without a verification ID. In addition, ShapeShift, Paxful, BitQuick, LocalBitcoins.com, and DameCoins are just some of the websites where you can buy and sell Bitcoin anonymously using different payment methods like PayPal, credit cards, Western Union, and bank transfers.
Wrap up
These top crypto marketplaces don’t require KYC information and offer superior services and products. The nicest part about all these exchanges is that account creation takes only a few minutes and does not necessitate any KYC documentation.
But before you sign up, it’s a good idea to read over their policies, carefully examining their rules for making deposits and withdrawals.
This was a complete guide on the best no-KYC crypto exchange. We hope you found this article useful. If you did, check out our other blogs!
Useful Guides:
Why you didn’t mention the Crypton that is a no KYC (Know Your Customer) exchange, which means that users can trade cryptocurrencies without having to go through the time-consuming and invasive KYC process. This makes Crypton a more convenient and accessible platform for users who value their privacy and do not want to disclose their personal information.