Want to trade cryptocurrencies without compromising your privacy? No KYC crypto exchanges offer a solution that allows you to buy, sell, and trade crypto without undergoing rigorous identity verification processes. In this comprehensive guide, we’ll explore the best no KYC crypto exchanges for 2025 to help you make an informed decision while maintaining your anonymity.
Many users prefer non-KYC exchanges for their privacy and ease of use. In this guide, we’ll explore the best no KYC crypto exchanges available in 2025 to help you make an informed decision. Whether you’re looking to buy crypto without a KYC credit card or trade anonymously, this article has you covered.
What is KYC in Crypto?
KYC, or Know Your Customer, is a process used by financial institutions and crypto exchanges to verify the identity of their customers. This process helps prevent fraud, money laundering and other illegal activities. However, for many crypto enthusiasts, KYC goes against the core principles of privacy and decentralization on which cryptocurrencies were founded.
While KYC helps prevent fraud, many users prefer exchanges without KYC options for greater privacy.
What are Non-KYC Exchanges?
Non-KYC exchanges are crypto trading platforms that do not require users to undergo identity verification processes. These exchanges prioritize user privacy and anonymity, allowing traders to buy, sell, and trade cryptocurrencies without revealing their personal information.
Non-KYC exchanges allow users to trade or buy crypto without providing personal information. These platforms appeal to those seeking anonymity and faster setup times.
Benefits of Non-KYC Exchanges
- Privacy: Non-KYC exchanges allow users to trade cryptocurrencies without revealing their personal information, maintaining their anonymity.
- Faster Onboarding: Without the need for identity verification, users can start trading immediately after signing up.
- Decentralization: Non-KYC exchanges align with the core principles of cryptocurrencies, promoting decentralization and user control.
Drawbacks of non-KYC exchanges
- Regulatory Risks: Non-KYC exchanges may face regulatory scrutiny and potential shutdowns due to non-compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) laws.
- Limited Features: Some advanced trading features and higher withdrawal limits may be restricted for unverified users.
- Security Concerns: Non-KYC exchanges may be more susceptible to fraud and hacking attempts due to the lack of identity verification.
Factors to consider when choosing a Non-KYC Crypto Exchange
When selecting a non-KYC crypto exchange, consider the following factors:
- Security: Ensure the exchange has robust security measures in place to protect your funds.
- Fees: Compare trading fees, withdrawal fees, and other charges to find the most cost-effective option.
- Supported Cryptocurrencies: Check if the exchange supports the cryptocurrencies you want to trade.
- User Interface: A user-friendly interface can enhance your trading experience, especially if you are a beginner.
- Customer Support: Reliable customer support can be crucial in case you encounter any issues.
- User reviews and reputation within the community.
12 Best No-KYC Crypto Exchanges ranked
When it comes to non-KYC crypto exchanges, the options can be overwhelming. To make your search easier, we’ve ranked the top 12 platforms based on features, security, and user experience. Let’s dive into the details:
1. MEXC
MEXC tops our list as the best no KYC crypto exchange for 2025. With a user-friendly interface and a wide range of cryptocurrencies, MEXC allows you to trade anonymously using just an email address. The platform offers spot trading, futures trading, and even staking options, making it a versatile choice for beginners and experienced traders.
Pros:
- No mandatory KYC for basic trading.
- Supports over 1,600 cryptocurrencies.
- Competitive trading fees.
Cons:
- Withdrawal limits for unverified users.
- Not available for US residents.
2. BingX
BingX is another excellent option for those seeking an exchange without KYC. It offers a robust trading platform with advanced features like copy trading and leveraged trading. BingX is known for its high liquidity and wide range of trading pairs, making it suitable for day traders.
Pros:
- No KYC required for basic trading.
- High liquidity and advanced trading features.
- Supports over 250 cryptocurrencies.
Cons:
- Withdrawal limits for unverified users.
- Not available for US residents.
3. GhostSwap
GhostSwap is a decentralized exchange (DEX) that operates on the Binance Smart Chain. It allows users to trade cryptocurrencies without the need for KYC, providing a high level of privacy and security. GhostSwap is ideal for those who prefer decentralized trading platforms.
Pros:
- No KYC required.
- Decentralized and non-custodial.
- Supports a variety of BEP-20 tokens.
Cons:
- Limited liquidity compared to centralized exchanges.
- May not be suitable for beginners.
4. PrimeXBT
PrimeXBT is a global crypto exchange that offers a range of trading options, including crypto, forex, and commodities. It is known for its user-friendly interface and competitive trading fees. PrimeXBT does not require mandatory KYC, making it a popular choice for privacy-conscious traders.
Pros:
- No mandatory KYC.
- Supports multiple asset classes.
- Competitive trading fees.
Cons:
- Limited cryptocurrency selection.
- Not available for US residents.
5. CoinEx
CoinEx is a well-established no KYC crypto exchange that offers a wide range of cryptocurrencies and trading options. It is known for its user-friendly interface and competitive trading fees. CoinEx does not require mandatory KYC, making it a popular choice for privacy-conscious traders.
Pros:
- No mandatory KYC.
- Supports over 600 cryptocurrencies.
- Competitive trading fees.
Cons:
- Withdrawal limits for unverified users.
- Not available for US residents.
6. Bybit
Bybit is a top-tier crypto exchange that offers a range of trading options, including spot trading, margin trading, and derivatives. It is known for its high liquidity and advanced trading features. Bybit does not require mandatory KYC for basic trading, making it a popular choice for privacy-conscious traders.
Pros:
- No mandatory KYC for basic trading.
- High liquidity and advanced trading features.
- Supports over 400 cryptocurrencies.
Cons:
- Withdrawal limits for unverified users.
- Not available for US residents.
7. Changelly
Changelly is a non-custodial crypto exchange that allows users to trade cryptocurrencies without the need for KYC. It is known for its user-friendly interface and fast transaction speeds. Changelly supports a wide range of cryptocurrencies and offers competitive trading fees.
Pros:
- No KYC required.
- Non-custodial and user-friendly.
- Supports over 200 cryptocurrencies.
Cons:
- Limited advanced trading features.
- Not available for US residents.
8. Uniswap
Uniswap is the largest decentralized exchange (DEX) in the crypto market. It allows users to trade Ethereum and ERC-20 tokens without the need for KYC. Uniswap is known for its high liquidity and user-friendly interface, making it a popular choice for decentralized trading.
Pros:
- No KYC required.
- High liquidity and decentralized.
- Supports a wide range of Ethereum-based tokens.
Cons:
- May not be suitable for beginners.
- Limited advanced trading features.
9. dYdX
dYdX is a decentralized exchange that specializes in perpetual trading options for cryptocurrencies. It is known for its advanced trading features and high liquidity. dYdX does not require KYC, making it a popular choice for privacy-conscious traders.
Pros:
- No KYC required.
- Advanced trading features and high liquidity.
- Supports a variety of cryptocurrencies.
Cons:
- May not be suitable for beginners.
- Not available for US residents.
10. Hodl Hodl
Hodl Hodl is a non-custodial Bitcoin trading platform that allows users to trade directly with each other without the need for KYC. It is known for its high security and user-friendly interface, making it a popular choice for peer-to-peer (P2P) trading.
Pros:
- No KYC required.
- Non-custodial and high security.
- Supports peer-to-peer trading.
Cons:
- Limited to Bitcoin trading.
- May not be suitable for beginners.
11. PancakeSwap
PancakeSwap is a decentralized exchange that operates on the Binance Smart Chain. It allows users to trade BEP-20 tokens without the need for KYC. PancakeSwap is known for its high liquidity and user-friendly interface, making it a popular choice for decentralized trading.
Pros:
- No KYC required.
- High liquidity and decentralized.
- Supports a variety of BEP-20 tokens.
Cons:
- May not be suitable for beginners.
- Limited advanced trading features.
12. ProBit Global
ProBit Global is a centralized crypto exchange that offers a wide range of cryptocurrencies and trading options. It is known for its user-friendly interface and competitive trading fees. ProBit Global does not require mandatory KYC for basic trading, making it a popular choice for privacy-conscious traders.
Pros:
- No mandatory KYC for basic trading.
- Supports over 400 cryptocurrencies.
- Competitive trading fees.
Cons:
- Withdrawal limits for unverified users.
- Not available for US residents.
Comparison of non-KYC Crypto Exchanges and Trading Platforms
When choosing a no KYC crypto exchange, it’s essential to compare the features and benefits of different platforms. Here’s a comparison of the top non-KYC crypto exchanges based on various factors:
| Exchange | Cryptocurrencies | Custody? | KYC? | Location Restrictions |
|---|---|---|---|---|
| MEXC | 1600+ | Custodial | Tiered | No US residents |
| CoinEx | 600+ | Custodial | None | No US residents |
| dYdX | 35+ | Hybrid | None | No US or Canadian residents |
| Bybit | 400+ | Custodial | Tiered | No US residents |
| PrimeXBT | 5+ | Custodial | None | No US residents |
| Bisq | 30+ | Non-custodial | None | None |
| Hodl Hodl | 1 | Non-custodial | None | None |
| Uniswap | 900+ | Non-custodial | None | None |
| PancakeSwap | 50+ | Non-custodial | None | None |
| SimpleSwap | 500+ | Non-custodial | None | No US residents |
| Changelly | 200+ | Non-custodial | None | No US residents |
| TradeOgre | 120+ | Custodial | None | None |
| Pionex | 330+ | Custodial | Tiered | None – but products may be restricted |
| ProBit | 400+ | Custodial | Tiered | None |
| OpenPeer | 10+ | Non-custodial | None | No US residents |
Best No KYC Crypto Exchanges for 2025 Reviewed
MEXC
MEXC is a global crypto exchange that offers a wide range of cryptocurrencies and trading options. It is known for its user-friendly interface and competitive trading fees. MEXC does not require mandatory KYC, making it a popular choice for privacy-conscious traders.
Pros:
- No mandatory KYC for basic trading.
- Supports over 1,600 cryptocurrencies.
- Competitive trading fees.
Cons:
- Withdrawal limits for unverified users.
- Not available for US residents.
CoinEx
CoinEx is a well-established no KYC crypto exchange that offers a wide range of cryptocurrencies and trading options. It is known for its user-friendly interface and competitive trading fees. CoinEx does not require mandatory KYC, making it a popular choice for privacy-conscious traders.
Pros:
- No mandatory KYC.
- Supports over 600 cryptocurrencies.
- Competitive trading fees.
Cons:
- Withdrawal limits for unverified users.
- Not available for US residents.
dYdX
dYdX is a decentralized exchange that specializes in perpetual trading options for cryptocurrencies. It is known for its advanced trading features and high liquidity. dYdX does not require KYC, making it a popular choice for privacy-conscious traders.
Pros:
- No KYC required.
- Advanced trading features and high liquidity.
- Supports a variety of cryptocurrencies.
Cons:
- May not be suitable for beginners.
- Not available for US residents.
Bybit
Bybit is a top-tier crypto exchange that offers a range of trading options, including spot trading, margin trading, and derivatives. It is known for its high liquidity and advanced trading features. Bybit does not require mandatory KYC for basic trading, making it a popular choice for privacy-conscious traders.
Pros:
- No mandatory KYC for basic trading.
- High liquidity and advanced trading features.
- Supports over 400 cryptocurrencies.
Cons:
- Withdrawal limits for unverified users.
- Not available for US residents.
PrimeXBT
PrimeXBT is a global crypto exchange that offers a range of trading options, including crypto, forex, and commodities. It is known for its user-friendly interface and competitive trading fees. PrimeXBT does not require mandatory KYC, making it a popular choice for privacy-conscious traders.
Pros:
- No mandatory KYC.
- Supports multiple asset classes.
- Competitive trading fees.
Cons:
- Limited cryptocurrency selection.
- Not available for US residents.
Bisq
Bisq is a decentralized Bitcoin exchange network that allows peer-to-peer trading using unique, open-source software. It is known for its high security and user-friendly interface, making it a popular choice for P2P crypto no KYC trading.
Pros:
- No KYC required.
- Non-custodial and high security.
- Supports peer-to-peer trading.
Cons:
- Limited to Bitcoin trading.
- May not be suitable for beginners.
Hodl Hodl
Hodl Hodl is a non-custodial Bitcoin trading platform that allows users to trade directly with each other without the need for KYC. It is known for its high security and user-friendly interface, making it a popular choice for peer-to-peer (P2P) trading.
Pros:
- No KYC required.
- Non-custodial and high security.
- Supports peer-to-peer trading.
Cons:
- Limited to Bitcoin trading.
- May not be suitable for beginners.
Uniswap
Uniswap is the largest decentralized exchange (DEX) in the crypto market. It allows users to trade Ethereum and ERC-20 tokens without the need for KYC. Uniswap is known for its high liquidity and user-friendly interface, making it a popular choice for decentralized trading.
Pros:
- No KYC required.
- High liquidity and decentralized.
- Supports a wide range of Ethereum-based tokens.
Cons:
- May not be suitable for beginners.
- Limited advanced trading features.
PancakeSwap
PancakeSwap is a decentralized exchange that operates on the Binance Smart Chain. It allows users to trade BEP-20 tokens without the need for KYC. PancakeSwap is known for its high liquidity and user-friendly interface, making it a popular choice for decentralized trading.
Pros:
- No KYC required.
- High liquidity and decentralized.
- Supports a variety of BEP-20 tokens.
Cons:
- May not be suitable for beginners.
- Limited advanced trading features.
Changelly
Changelly is a non-custodial crypto exchange that allows users to trade cryptocurrencies without the need for KYC. It is known for its user-friendly interface and fast transaction speeds. Changelly supports a wide range of cryptocurrencies and offers competitive trading fees.
Pros:
- No KYC required.
- Non-custodial and user-friendly.
- Supports over 200 cryptocurrencies.
Cons:
- Limited advanced trading features.
- Not available for US residents.
TradeOgre
TradeOgre is a centralized crypto exchange that offers a range of cryptocurrencies and trading options. It is known for its user-friendly interface and competitive trading fees. TradeOgre does not require mandatory KYC, making it a popular choice for privacy-conscious traders.
Pros:
- No KYC required.
- Supports over 120 cryptocurrencies.
- Competitive trading fees.
Cons:
- Limited advanced trading features.
- May not be suitable for beginners.
ProBit Global
ProBit Global is a centralized crypto exchange that offers a wide range of cryptocurrencies and trading options. It is known for its user-friendly interface and competitive trading fees. ProBit Global does not require mandatory KYC for basic trading, making it a popular choice for privacy-conscious traders.
Pros:
- No mandatory KYC for basic trading.
- Supports over 400 cryptocurrencies.
- Competitive trading fees.
Cons:
- Withdrawal limits for unverified users.
- Not available for US residents.
How to Buy Crypto Without KYC?
Buying crypto without KYC is possible through several methods. Here’s a step-by-step guide to help you get started:
Step 1: Choose a non-KYC Exchange
Select a reputable non-KYC crypto exchange from the list above. Consider factors like security, fees, and supported cryptocurrencies.
Step 2: Create an Anonymous Account using Email
Sign up for an account using an email address. Most non-KYC exchanges do not require personal information beyond an email address.
Step 3: Deposit Crypto or Fiat
Deposit funds into your account using cryptocurrencies or fiat currencies. Some exchanges may support buying crypto without KYC credit card options.
Step 4: Start Trading Crypto Without Verification
Begin trading cryptocurrencies on the platform without undergoing identity verification. Enjoy the benefits of anonymity and privacy.
How to Withdraw Crypto Without KYC?
Withdrawing crypto without KYC is straightforward on non-KYC exchanges. Follow these steps:
Step 1: Set Up a Personal Crypto Wallet
Create a personal crypto wallet to store your funds securely. Choose a wallet that supports the cryptocurrencies you want to withdraw.
Step 2: Start the Crypto Withdrawal
Initiate the withdrawal process on the exchange. Enter the amount you want to withdraw and the wallet address.
Step 3: Confirm and Wait
Confirm the withdrawal and wait for the funds to be transferred to your wallet. The process may take a few minutes to a few hours, depending on the exchange and the blockchain network.
Best Practices to Stay Safe While Using No-KYC Crypto Exchanges
While using no KYC crypto exchanges, it’s essential to prioritize your security. Here are some best practices to keep in mind:
- Enable Two-Factor Authentication (2FA): Add an extra layer of security to your account by enabling 2FA.
- Use Strong Passwords: Create strong, unique passwords for your exchange accounts and wallets.
- Keep Your Private Keys Secure: Never share your private keys with anyone. Store them securely in a hardware wallet or a secure software wallet.
- Be Cautious of Phishing Attempts: Be wary of phishing emails and websites that mimic legitimate exchanges to steal your credentials.
- Monitor Your Account: Regularly check your account for any unauthorized activities.
Conclusion
Choosing the best anonymous crypto exchange depends on your specific needs and preferences. Consider factors such as security, fees, supported cryptocurrencies, and user interface when making your decision. Non-KYC exchanges offer a way to trade cryptocurrencies while maintaining your privacy and anonymity. However, it’s important to stay informed about the regulatory landscape and prioritize your security when using these platforms.
In conclusion, non-KYC crypto exchanges offer a convenient and private way to trade digital assets. Platforms like MEXC, CoinEx, and Uniswap stand out for their features and reliability. However, always prioritize security and conduct thorough research before committing funds.
FAQs
What are the best non-KYC crypto trading platforms?
Some of the best non-KYC crypto trading platforms include MEXC, CoinEx, dYdX, Bybit, PrimeXBT, Bisq, Hodl Hodl, Uniswap, PancakeSwap, Changelly, TradeOgre, and ProBit Global.
Are non-KYC crypto exchanges legal?
The legality of non-KYC crypto exchanges varies by jurisdiction. While some countries allow non-KYC exchanges, others have strict regulations requiring identity verification. It’s essential to stay informed about the legal landscape in your region.
Will the government crack down on non-KYC exchanges?
Governments worldwide are increasing regulatory scrutiny on crypto exchanges, including non-KYC platforms. Non-KYC exchanges may face stricter regulations or crackdowns in the future.
Is it safe to buy crypto without KYC verification?
Buying crypto without KYC verification can be safe if you choose a reputable exchange and prioritize your security. However, it’s essential to be aware of the risks, such as regulatory scrutiny and potential fraud.
What is the impact of Non-KYC Exchanges on Tax Reporting?
Using non-KYC exchanges does not exempt you from tax reporting requirements. Most tax offices require crypto traders to report their transactions and pay taxes on their gains. Failure to do so can result in penalties and legal consequences.
Do I have to report my transactions on no KYC crypto exchanges?
Yes, you are still required to report your transactions on non-KYC crypto exchanges for tax purposes. Failure to do so can result in penalties and legal consequences.
Can I buy Bitcoin without KYC?
Yes, you can buy Bitcoin without KYC on exchanges like MEXC, CoinEx, and Bisq. These platforms allow you to trade cryptocurrencies anonymously using just an email address.
Is Binance a non-KYC exchange?
No, Binance is not a non-KYC exchange. While you can create a Binance account without KYC, you cannot access the vast majority of the products available on Binance, including buying, selling, and trading crypto.
Does Coinbase require KYC?
Yes, Coinbase requires KYC. Users must undergo identity verification processes to use the platform’s features, including buying, selling, and trading cryptocurrencies.
Which crypto wallets don’t require KYC?
Non-custodial wallets like MetaMask, Trust Wallet, and Exodus do not require KYC. These wallets allow you to store and manage your cryptocurrencies without undergoing identity verification.
Can I use Kraken without KYC?
No, Kraken requires KYC for most of its features. Users must undergo identity verification processes to access the platform’s trading and withdrawal options.
Is there a crypto payment without KYC?
Yes, you can make crypto payments without KYC using non-custodial wallets and decentralized exchanges. These platforms allow you to send and receive cryptocurrencies without undergoing identity verification.
Which wallet does not require KYC?
Non-custodial wallets like MetaMask, Trust Wallet, and Exodus do not require KYC. These wallets allow you to store and manage your cryptocurrencies without undergoing identity verification.
Is Kraken no KYC?
No, Kraken is not a no KYC exchange. Users must undergo identity verification processes to access the platform’s trading and withdrawal options.
Can I use Lbank without KYC?
LBank allows up to 125X leverage for no KYC crypto users and places no limits on crypto deposits. However, users in regions such as Canada are required to complete their KYC exchange verification before using the platform.
Does MoonPay require KYC?
Yes, MoonPay requires KYC. Users must undergo identity verification processes to use the platform’s features, including buying and selling cryptocurrencies.
Does Kraken require SSN?
Yes, Kraken requires users to provide their Social Security Number (SSN) as part of the KYC process. This information is used to verify the user’s identity and comply with regulatory requirements.
Can I trade on Mexc without KYC?
Yes, you can trade on MEXC without KYC. MEXC allows users to deposit, withdraw, and trade cryptocurrencies using just an email address, making it an attractive option for privacy-conscious traders.
Does KuCoin need KYC?
KuCoin has implemented mandatory KYC procedures. Users must undergo identity verification processes to access the platform’s trading and withdrawal options.
Can I use Crypto.com without KYC?
No, Crypto.com requires KYC. Users must undergo identity verification processes to use the platform’s features, including buying, selling, and trading cryptocurrencies.
Does Exodus require KYC?
No, Exodus does not require KYC. Exodus is a non-custodial wallet that allows users to store and manage their cryptocurrencies without undergoing identity verification.
Can you buy crypto on PayPal without KYC?
No, you cannot buy crypto on PayPal without KYC. PayPal requires users to undergo identity verification processes to use its cryptocurrency features.
No KYC Crypto Exchanges
Some of the best no KYC crypto exchanges include MEXC, CoinEx, dYdX, Bybit, PrimeXBT, Bisq, Hodl Hodl, Uniswap, PancakeSwap, Changelly, TradeOgre, and ProBit Global.
Can I use Kraken without KYC?
No, Kraken requires KYC for most of its features. Users must undergo identity verification processes to access the platform’s trading and withdrawal options.
Is there a crypto payment without KYC?
Yes, you can make crypto payments without KYC using non-custodial wallets and decentralized exchanges. These platforms allow you to send and receive cryptocurrencies without undergoing identity verification.
Can I trade on Mexc without KYC?
Yes, you can trade on MEXC without KYC. MEXC allows users to deposit, withdraw, and trade cryptocurrencies using just an email address, making it an attractive option for privacy-conscious traders.
Does KuCoin need KYC?
KuCoin has implemented mandatory KYC procedures. Users must undergo identity verification processes to access the platform’s trading and withdrawal options.
Which wallet does not require KYC?
Non-custodial wallets like MetaMask, Trust Wallet, and Exodus do not require KYC. These wallets allow you to store and manage your cryptocurrencies without undergoing identity verification.
Does Coinbase require KYC?
Yes, Coinbase requires KYC. Users must undergo identity verification processes to use the platform’s features, including buying, selling, and trading cryptocurrencies.
Can I use Crypto.com without KYC?
No, Crypto.com requires KYC. Users must undergo identity verification processes to use the platform’s features, including buying, selling, and trading cryptocurrencies.
Can you buy crypto on PayPal without KYC?
No, you cannot buy crypto on PayPal without KYC. PayPal requires users to undergo identity verification processes to use its cryptocurrency features.
Which crypto exchange does not require KYC?
Some of the best crypto exchanges that do not require KYC include MEXC, CoinEx, dYdX, Bybit, PrimeXBT, Bisq, Hodl Hodl, Uniswap, PancakeSwap, Changelly, TradeOgre, and ProBit Global.
Is there a way to buy crypto without KYC?
Yes, you can use a number of the crypto exchanges without KYC in this list to buy crypto without providing your personal information. However, if you’re using traditional payment methods like Visa or Mastercard, your bank may want to verify the transaction. Your tax office may also be able to request personal data from your bank.
Where to buy crypto with no KYC?
Exchanges like MEXC, CoinEx, dYdX, and more currently let you buy crypto with no or minimal KYC – although there may be different levels of verification and limits in place on how much crypto you can buy.
Can I withdraw crypto without KYC?
It depends. Taking Binance as an example, if your daily withdrawal limit is less than 2 BTC, you don’t need to complete KYC to withdraw crypto.
Can I use Binance without KYC?
No. While you can create a Binance account without KYC, you cannot access the vast majority of the products available on Binance, including buying, selling, and trading crypto.
Is there an anonymous crypto exchange?
That depends on what you mean by anonymous. There are plenty of no-KYC exchanges, decentralized exchanges, and P2P trading platforms that don’t ask for your information to trade crypto. But – except for private blockchains – all transactions exist on a public ledger where anyone can view them, including your wallet details, using a blockchain explorer. If your wallet address is linked to you in any other way, then there’s no anonymity. This is why many prefer the term pseudonymous when it comes to crypto.
What’s the safest crypto exchange?
For starters, the safest place for your crypto is in a non-custodial, cold wallet. But if you need to use an exchange to conduct a transaction, you may want to consider a non-custodial exchange, as all exchanges are targets for hackers. While well-regulated exchanges offer additional security features and insurance in some cases, and are generally considered safe to conduct transactions on, leaving crypto you’re not actively investing on any exchange is a risk – just look at those who left funds on FTX, Celsius, Voyager, and more.
How do I buy BTC with no verification?
Centralized exchanges like MEXC, ByBit, and CoinEx will let you buy Bitcoin with no verification, or you could trade another cryptocurrency for Bitcoin on a decentralized exchange or P2P trading platform.
Is there a crypto exchange with no SSN?
None of the exchanges listed above like CoinEx, dYdX, and ByBit will ask for your social security number. You should be able to register for any exchange without a KYC verification process without providing personal details like your SSN.
What crypto sites don’t require ID?
The list of centralized crypto exchanges that don’t require an ID gets smaller every year, but some names include MEXC, ByBit, and CoinEx. Decentralized exchanges and other DeFi protocols generally never require your ID, only your wallet details. However, your wallet provider may require an ID in some cases. Learn more in our Best Crypto Wallets and Best Decentralized Exchanges guides.
How can you get around wallet verifications on exchanges?
Wallet verification is an option that many exchanges offer to help users verify the address they’re sending their crypto to. This prevents human error, as once you’ve sent crypto on a blockchain, even if it’s to the wrong address, it’s usually irreversible. Therefore, wallet verification, even if you do it yourself by sending a small amount of crypto before your actual transaction, is often advisable to protect yourself. However, there are many exchanges, including decentralized exchanges, that do not require wallet verification by default.