The list of cool non KYC crypto exchanges is getting slimmer and slimmer these days . Governments all around the world are cracking down on crypto which means fewer options for folks who value their privacy and want to buy crypto without sharing personal info . But don’t worry we’ve got your back . We’ve rounded up some of the best platforms where you can get your hands on crypto without the hassle of KYC . So get ready for a relaxed and private crypto journey as we take you through our top picks for non KYC crypto exchanges in 2023.
What’s the Deal with KYC Anyway ?
KYC stands for know your customer . It’s all about verifying your identity when you’re engaging in crypto transactions . You might need to show some personal documents like your ID card , passport or even sometimes gas bills . The requirements can vary depending on the exchange . The idea behind KYC is to keep an eye on transactions , track any shady activities and prevent funding for terrorism . But hey we get it privacy matters .
The Coolest Non KYC Crypto Exchanges to Check Out
KuCoin : Your Gateway to Crypto Freedom
If you’re looking for a wide range of cryptocurrencies to trade KuCoin has got you covered . With over 370 cryptocurrencies available including their native token (KCS) you can explore the crypto world to your heart’s content . The best part ? You can start trading with just an email address . No need to go through the hassle of KYC unless you want to go beyond certain limits . So grab that opportunity and dive into the exciting projects that you won’t find on the bigger exchanges . Plus if you hold their KCS coin you’ll even get a sweet 20% discount on trading fees .
CoinEx : No KYC No Problem .
Say hello to CoinEx a no KYC exchange that offers spot and margin trading as well as trading on perpetual contracts . They’ve got a fantastic selection of cryptocurrencies and tokens including their unique CET coin . And guess what ? When you use that CET coin for trading you’ll enjoy some advantages in terms of commission fees . They’ve even got attractive fee tiers for those who love to trade in large volumes . So unleash your crypto trading potential without worrying about KYC . Without it you can withdraw up to $10,000 per 24 hours and with KYC that limit shoots up to a whopping $1,000,000 .
Bisq : Privacy Warriors Unite .
If you’re all about privacy and avoiding centralized exchanges then Bisq is your knight in shining armor . They’re on a mission to provide a secure and private method for exchanging crypto for national currencies . Unlike most centralized exchanges Bisq doesn’t want you to reveal your personal details or link your trading activity to your identity . They believe that such practices can put you at risk . With Bisq you can trade without sharing personal info but keep in mind that there are some trade limits for altcoins . It’s a small price to pay for the ultimate privacy experience.
HODL HODL : The Peer to Peer Paradise
If you prefer direct trading and want to avoid third parties holding your funds HODL HODL is here to fulfill your wishes . They allow users to trade directly with each other and instead of holding your funds they lock them in multisig escrow . This clever setup minimizes the risk of theft and speeds up the trading process . And guess what ? Since HODL HODL doesn’t hold funds they don’t have to deal with complex compliance procedures . You can trade directly between wallets without submitting your personal data . Just keep in mind that there are limits to the number of contracts , active offers and the volume of BTC allowed for a single trade.
LocalCryptos : Your Non Custodial Haven
LocalCryptos is all about giving you control over your crypto . They enable you to buy and sell crypto using non custodial wallets and a non custodial escrow system powered by smart contracts . That means they don’t hold your private keys and you’re always in direct exchange with another user . It’s like a peer to peer party . What’s even cooler is that LocalCryptos is designed to feel familiar so if you’re used to big centralized exchanges you’ll feel right at home . Enjoy the freedom of non custodial trading with no withdrawal limits .
In a Nutshell
There are still platforms out there where you can buy crypto without compromising your privacy . These exchanges are really here to help you on your non KYC journey . Just remember to stay updated on any regulation changes and be aware of the potential risks associated with non KYC exchanges . Really do your research , stay real cautious and enjoy your relaxed and private crypto adventures .
