Cryptocurrency Exchanges that Require no KYC Verification

Not everyone is comfortable providing personal information before getting pushed into crypto trading. If you are one of them and are reluctant to handshake with KYC exchanges, here comes your savior. In this article, we have prepared a list of 8 cryptocurrency exchanges that do not require KYC verification.

Crypto trading with non-kyc verification allows you to provide no personal information to the platform. This protects your information, such as your name, address, or biometric verification, from leaking, opening the road to profitable trading.

This article demonstrates crypto exchange without KYC verification. It also provides a guideline to differentiate how to buy and trade in non-kyc crypto exchanges, the pros and cons, and some additional information.

Best Non KYC Crypto Exchange

Your concern is not finding the differences between KYC and non-KYC crypto exchanges but checking the requirements of the exchanges that match your preferences before trading. Because the wrong selection not only produces bad results but also makes you reluctant to enter the market in the future. Here is a finalized list of Crypto exchange without kyc. Please read it and decide.

Changelly

• No KYC Features: Exchange and swapping crypto
• Swap Fees: 0.25% exchange fee; purchasing crypto depends on the third-party service
• Deposit Methods: Credit card or bank transfer
• Withdrawal Limit: less than 1 BTC equivalent per day

Changelly is a popular cryptocurrency exchange that launched in 2015. In addition to supporting Bitcoin, the non-kyc exchange provides a range of 500 alternative coins for trading purposes. Users do not need to fill in the information related to “Know Your Customer”; a simple email address will serve the purpose. It is famous among beginners due to its user-friendly interface and fast transactions. Plus, the security it provides during trading is the cherry on top.

You purchase the cryptocurrencies, and Changelly directly sends them to your wallets without holding them in the blink of an eye. This crypto exchange gets rates from more than 20 liquidity sources and offers affordable prices by adding a markup of only 0.25%.

Once you register on Changelly Exchange, you can choose various payment methods. You can use credit cards, ApplePay, and bank transfers. In addition, Changelly Exchange has 24/7 customer support to listen to users’ complaints. You have a chance to trade anonymously by withdrawing 1 BTC per day. Changelly effortlessly collaborates with Binance, Coinnomi, Exodus, and Trezor, enhancing credibility and overall trust. In the end, you can use this crypto exchange on desktop and even on mobile phones.

Pros

1. You can buy or sell cryptocurrency with fiat currencies.
2. Changelly enables exchanging multi-chain tokens.
3. It provides a mobile app for better trading on mobiles.

Cons

1. It has no native crypto wallet.
2. It charges a markup cost of up to 0.25%.

Final Verdict

Changelly is easy to use, user-friendly, and operates on desktop and mobile phones. These features collectively attract beginners and crypto traders who can use it without providing KYC information.

CoinEx

• No KYC Features: Spot crypto trading and futures trading
• Spot Trading Fees: Start from 0.1% maker/taker fees
• Deposit Methods: Visa, Master Card, Apple Pay, Google Pay, Bank Transfer and SEPA
• Withdrawal Limit: 1,000,000 USD with KYC/10,000 USD without KYC

Are you into trading new and lesser-known cryptocurrencies? If yes, immediately register on CoinEx. It is a non-KYC crypt exchange that stands still with its 1153 types of cryptocurrencies. This means you have many choices and can handpick a coin for swapping. The effective thing about this exchange is that you can configure which trading strategy goes best with the current trading style.

CoinEx does not limit you but allows you to trade while implementing spot trading formulas, futures contracts, and margin trading. Additionally, it will enable you to make a deposit using master cards, bank transfers, or Apple Pay. The Hong Kong-based crypto exchange is user-friendly, supports a mobile app, and offers secure transactions with additional two-factor authentication.

Turning the side of the coin, CoinEx allows withdrawal of only $10,000 without KYC. However, you are conditioned to provide personal information when going higher with withdrawal amounts, let’s say $1,000,000.

Pros

1. Appropriate for earning passive income
2. You can withdraw larger amounts without sharing your data.
3. This exchange provides advanced  crypto charting  and trading instruments.

Cons

1. It supports limited fiat currencies.
2. The customer support service slows down in peak times.

Final Verdict

CoinEx is best for providing different types of cryptocurrencies for swapping and deposit methods. However, the withdrawal limit reduces its appeal. Still, it is suitable for beginners and experienced crypto traders.

BingX

• No KYC Features: No KYC is required for account creation or trading. Limit on withdrawal amount without verification.
• Spot Trading Fees: 0.1%
• Deposit Methods: Visa, MasterCard, SEPA, Line Pay, and 300 more
• Withdrawal Limit: 50,000 USD
• Additional Features: Futures, grid trading, demo accounts, copy trading, staking options

BingX is another crypto exchange that requires no KYC verification. It is popular among 10 million users and provides various features and a user-friendly interface for coin swapping. In addition to 550 different cryptocurrencies, this exchange supports multiple asset classes, such as forex, indices, and stocks. Though you may face limitations regarding non-kyc, BingX never disappoints you with its depositing methods. There are many ways, such as MasterCard, Visa, and more than 300.

This crypto exchange is also suitable for beginners and experts because of its social trading feature. This means that new traders can learn from the experts, and experts can earn more than before by teaching new trading methods. Hence, new and ripe traders will benefit equally. Furthermore, advanced traders can also enjoy trading by accessing Perpetual Swaps and Leveraged Futures. BingX charges lower fees and includes over 700 crypto tokens, including meme coins.

This crypto exchange is also known for offering certain features to check how well trading is going. It adds features such as technical indicators, drawing tools, and high-end charts with TradingView integration. Now, you can analyze better and make wise investment decisions. Furthermore, it allows you to facilitate short sales and leverage up to 150x. Isn’t it amazing to alter your trading strategy?

Pros

1. This exchange provides a vast range of cryptocurrencies for trading
2. You can use this app on your mobile phones
3. BingX offers copy trading for fresh crypto traders.

Cons

1. It does not offer advanced features without KYC.
2. You cannot deposit fiat currencies and withdrawals without KYC.

Final Verdict

BingX has something in store for beginners and expert traders. Its versatility is evident in its social trading and crypto charting tools.

Phemex

• No KYC Features: no KYC is required for crypto-to-crypto trading, crypto deposits and trading, and access to spot and derivatives markets.
• Spot Trading Fees: 0.1% maker and taker fees
• Deposit Methods: credit or debit card, bank transfer, and Apple Pay
• Withdrawal Limit: Up to $1 million daily withdrawal limit
• Additional Features: Trading bots, Learn & Earn program, Phemex Earn, Futures trading markets, and access to derivative and spot markets.

Phemex is an exchange platform that does not require you to fill out a “Know Your Customer” verification. This means you can deposit, sell, buy, or trade with an email address. Registering on Phemex gives you a wide range of successful crypto gameplay. It comprises over 238 spot trading pairs, over 250 assets, and 137 and above contract trading pairs. Isn’t the variety of coins overwhelming?

The crypto exchange offers smooth deposits using buy crypto, no kyc credit card or debit cards, bank transfers, or Apple Pay. In addition, it provides different trading versions. You can stand out as a trader in the spot or derivative market or initiate a learn-or-earn program specific to Phemex. Also, you can enjoy a high withdrawal amount without KYC. The specialty lies in the ability to deal with beginners and professionals spontaneously.

Phemex has a reputation for enhancing the trading experience by providing financial guidance. Furthermore, it supports many referral programs and offers passive income opportunities. You will be amazed that the exchange platform speedily handles up to 300,000 transactions per second, ensuring instant digital asset purchases.

Pros

1. This crypto exchange provides a strong security record
2. Phemex offers a quick registration process.
3. It enables high withdrawal limits regularly.
4. Trading bots feature is outstanding.
5. Crypto's staking is far better than that of competitors.
6. You do not need KYC for deposits, withdrawals, and crypto trading

Cons

1. This crypto exchange is unavailable in the USA, Canada, and several other states.
2. 100x leverage increases the risk to a great extent if a wrong trading strategy is applied.

Final Verdict

Phemex lies between KYC and non-KYC. While many features are ID verification-dependent, the available features are outstanding and work sufficiently for a new trader to initiate profitable trading.

Margex

• No KYC Features: No KYC is required for account creation or trading
• Spot Trading Fees: Maker fee: 0.019%, Taker fee: 0.06%
• Deposit Methods: MasterCard, Visa, Google Pay and Apple Pay
• Withdrawal Limit: N/A
• Additional Features: Up to 100x leverage, MP Shield System, demo accounts, copy trading, and staking options.

Do you know? Margex is best known for its amazing 50x or 100x leverage. It is a non-KYC exchange platform that is still packed with attractive money-making features. The first that catches interest is the number of coins it supports. In addition to Bitcoin and Ethereum, it supports almost 48 different cryptocurrencies. The crypto exchange is designed with a user-friendly interface, ensuring that traders get the most out of every hour of trading.

However, you do need verification when initiating leveraged trading for Bitcoins and other assets. You can manage the leverage rate because Margex supports 100x leverage for BTC, ETH, and BNB. On the other hand, 50x leverage is available when trading lesser-known coins. However, you must be cautious when leveraged trading, for the risk factors go hand in hand. Another interesting aspect of the Margex cryptocurrency exchange is its MP Shield System for enhanced security. This system allows users to analyze the crypto markets efficiently and prevent price manipulation.

You must not worry about the registration steps and depositing as it is a left-hand game. Margex offers 152 plus options for depositing your money, such as Visa, SEPA, bank transfer, and many more. You won’t believe that many Margex registered users earn passive cash through the platform. This is due to the copy trading and crypto staking options. Not only is this, but the platform's list of prominent features is long. It allows users to practice on demo accounts and watch out for strategies for  copy-trading  and cost-effective crypto trading.

Pros

1. The MP shield system provides strong security for transactions.
2. Margex offers practice/demo accounts and copy-trading.
3. You can earn passive income using copy trading tools.
4. The app makes the process of registration and trading smoother.
5. You can trade online or via the Margex app.

Cons

1. Margex does not collaborate with US clients, enabling No KYC crypto exchange USA.
2. It has a reduced trade volume compared to other exchanges
3. The greater value of leverage equally increases the risk rate.

Final Verdict

Margex features everything that a trader finds in a cryptocurrency exchange. However, it does not accept United States clients and has a lower trading volume. So, make your choice before finalizing one.

Best Wallet

• No KYC Features: Swap and trade any of the tokens within the wallet
• Spot Trading Fees: No available feature
• Deposit Methods: Credit Card, Skrill, Google Pay, Debit Card, and Cryptocurrencies
• Withdrawal Limit: N/A
• Additional Features: Multi-chain support, $BEST token, and NFT gallery

Who does not want complete control over their assets without providing ID verification? If you are among those people, Best Wallet is for you. Its amazing combination of a self-custody wallet and no KYC enables you to enjoy full control over your assets and trade crypto whenever possible. In addition, it operates on both software, such as Android and iOS, making it popular worldwide. You can enjoy quick token delivery on behalf of competitive pricing.

It supports different cryptocurrencies and blockchains. You will not imagine that the value ranges from 50 blockchains to 1000s of cryptocurrencies. You can trade anonymously, having control of your private keys, assets, and the like. Best Wallet offers advantages for swapping any coin present in your wallet by following simple steps after registering on the platform. In addition, it provides several ways to deposit, making it easy to fund your account anytime using your credit/debit card,  cryptocurrency , and Google Pay.

Pros

1. Exchange is available on Android and iOS devices, which makes trading much easier.
2. It provides security on decentralized exchange.
3. The combination of a non-custodial wallet and no KYC is amazing.

Cons

1. Best Wallet is available on the mobile app; the browser extension is under construction.

Final Verdict

Best Wallet is cost-effective, operates smoothly, and enhances trading games. Overall, the features make it the go-to option for non-kyc crypto exchange.

MEXC

• No KYC Features: No ID verification for initial access and crypto-to-crypto, derivatives trades
• Spot Trading Fees: 0.1% commission on spot trading
• Deposit Methods:
• Withdrawal Limit: 10 BTC daily while 80 BTC for verified account
• Additional Features: Supports over 2,000 cryptocurrencies, Advanced trading, high leverage, and 0.02% trading fees

You know what, you can now balance privacy and regulatory changes. How? You must join MEXC, a non-KYC crypto exchange that allows users to manage crypto-to-crypto transactions and derivatives trades. In addition, it provides flexibility and security simultaneously so that trading goes smoothly. MEXC includes 2000+ cryptocurrencies and can manage up to 200x leverage. However, the fee is competitive compared to spot trading: 0.02%.

The platform's benefit is that you can regularly withdraw crypto assets up to 10 BTC without providing personal data. You can also do spot or copy trading with a small commission fee of 0.1%, while perpetual features and P2P trading are not discarded. Furthermore, depositing is easy only if you fund cryptocurrency because it does not support fiat currency.

Pros

1. You can access the platform without providing Know Your Customer.
2. The availability of 2500+ coins makes this exchange attractive.
3. It stores a variety of trading options for traders.
4. Increased leverage can give higher profit.

Cons

1. This platform is not for US traders.
2. Not available for margin trading.

Final Verdict

MEXC has a user-friendly interface and is designed for everyone. Since your priority is to use it without KYC, it offers a 0% trading fee and many features.

Choose non-KYC Crypto – Certain Factors.

We have compiled certain factors you must consider when finding the best no-kyc crypto. Please review them and make wise decisions.

Research and Reputation

It does not matter whether you are looking for a crypto exchange for storing or trading purposes; you will find the best result only through thorough research. You must check the reviews and expert advice and make your points about the platforms you shortlisted.

Your Trading Needs

When finding a no-KYC exchange, it is important to consider your trading needs. Since you do not want to limit your trading experience, choose one with features and tools that cater to your preferences and needs.

Security Measures

Does your selected non-KYC exchange provide enough security? It is your duty to check this. You can also ensure it has encryption, two-factor authentication, cold storage, security audits, and high liquidity.

User Interface and Experience

Knowing how friendly an exchange is to use is crucial. Beginners want a simple interface to complete the initial requirements.

Supported Cryptocurrencies

How many cryptocurrencies does an exchange support? You must keep your knowledge up-to-date about this because it will help you decide on the particular asset to trade after registering on the platform.

Fee Structure

Every exchange has its fee structure. To ensure a fair deal, you must write down the fee structures of your favorite exchanges before deciding.

Customer Support

A crypto exchange with customer support is a good combination. It will help you address complaints while making the process smoother. Pro Tip: Test the exchange response before trading.

Jurisdiction and Restrictions

While selecting the exchange, check on the regulatory and jurisdiction restrictions. Some do not operate in Canada or the United States.

Additional Features

As you know, non-kyc exchanges offer extra features, including NFT trading, crypto staking, and yield farming. So, choose the best one.

Withdrawal Limits and Terms

As compared to kyc exchanges, non-kyc offers lower withdrawal limits. You must search for it and make an informed decision.

Fully Anonymous Exchange

Since KYC is another name for anonymity, you must select an exchange that lets you trade anonymously and without ID verification.

How to Buy Crypto Without KYC?

1. Go to no KYC exchange.
2. Register an account, provide your email password, and connect your wallet.
3. Deposit funds via crypto transfer, bank transfer, or credit/debit.
4. Start storing, selling, or buying cryptocurrencies.

Summing Up

To conclude our blog, we have assessed different non-KYC cryptocurrency exchanges. In this guide, different companies elaborate on the descriptions of the features, deposit methods, and withdrawal limits. So, choose an exchange that matches your taste and preferences.