Traditional cryptocurrency exchanges often require you to complete Know Your Customer (KYC) procedures. This involves sharing personal information and verifying one’s identity.
However, for those who prioritize privacy and wish to trade cryptocurrencies without revealing their identity, no KYC crypto exchanges have emerged as a viable solution.
We will review 8 of the best no KYC crypto exchanges that you can use to trade Bitcoin with minimal hassle.
Our Top Picks: 8 Best NO KYC Crypto Trading Platforms
Here is the list of the best Non KYC crypto exchanges:
- MEXC Global: Best No KYC Altcoin Exchange
- OKX: Overall Best Crypto Platform for Privacy
- Gate.io: Top non KYC crypto exchange
- Bybit: Best For Derivatives Trading Without ID Proof
- Phemex: Best No KYC Crypto Exchange for Margin Trading
- Bisq: Best No KYC Bitcoin Exchange
- Uniswap: Best No-KYC Decentralized Crypto Exchange
- PaxFul: Best for Buying Bitcoin Anonymously
| Non-KYC Exchange | iOS and Android App | Withdrawal Limits | Trading Fees | Deposit Method | Supported Countries |
|---|---|---|---|---|---|
| MEXC Global | Yes | 30 BTC per day | 0.01% for taker fees | Credit card, SWIFT, Simplex, Banxa, Mercuryo | 170+ Countries |
| OKX | Yes | 10,000,000 per day | 0.08% maker and 0.1% taker fee | VISA, MasterCard, ApplePay, bank transfer, and more | 200+ Countries |
| Gate.io | Yes | 100,000 per day | 0.2% maker-taker fee | debit/credit cards, bank transfers, and P2P | US and Afghanistan not supported |
| Bybit | Yes | 20,000 USDT per day | 0.1% maker-taker fee | debit cards, credit cards, in-person cash payments, and 80 more | 160+ countries |
| Phemex | Yes | 50,000 USDT per day | 0.1% maker-taker | Credit card, debit card, bank account, or Apple Pay | 200+ countries |
| Bisq | Yes | Depends on withdrawal method | 1.3% | MoneyGram, transfer, Perfect Money, and Popmoney | Worldwide |
| Uniswap | Yes | No Limits | 0.3% fee for swapping tokens | Credit card, debit card, or bank transfer | Worldwide |
| PaxFul | Yes | $1,000 without KYC | 1% for every trade | Debit, credit, cash, and 350+ other ways | Worldwide |
Best No KYC Crypto Exchange: 8 Safest Platforms
1. MEXC Global: Best No KYC Altcoin Exchange
MEXC Global is a crypto trading platform that lets crypto traders invest in digital assets with fiat currencies. You can buy and sell crypto like Bitcoin, Ethereum, NFT, DeFi, GameFi, and Metaverse zones on the exchange. It supports more than 1900 crypto trading pairs.
It has very low trading fees. You don’t have to pay any spot maker or taker fees, futures maker fees, or taker fees are 0.01% on MEXC Global. You can trade crypto without your identity verification. Even, it has the highest withdrawal limit of 30 BTC in 24 hours for non-KYC users.
You can also get up to a $1000 futures trading reward as a free crypto sign-up bonus. The platform also has many trading features such as trading competitions, crypto copy trading, and MEXC MasterCard for quick buy and sell.
- Fees: No Fees
- Deposit Methods: Credit card, SWIFT, and third-party payments (Simplex, Banxa, Mercuryo).
- Withdrawal limits: 30 BTC per day
- Supported Countries: More than 170 countries and regions
Get started on MEXC today with our MEXC referral code “mexc-nokycex” and enjoy a 10% discount on trading fees and many other sign-up bonuses.
2. OKX: Overall Best Crypto Platform for Privacy
OKX (formerly OKEx) is a crypto exchange that has many features for its users. You can trade spot, margin, futures, options, perpetual swaps, DeFi, lending, and mining on OKX. It is located in Seychelles and serves more than 200 countries and regions. OKX is not available for U.S. citizens because of regulatory restrictions
OKX requires only basic KYC verification for crypto trading, which includes only a government ID. After completing this verification, you can easily trade more than 300 assets on the platform. It is a good option for users who care about privacy, security, and convenience when trading crypto. It also helps users learn more about the crypto world and improve their skills with educational resources, customer support, and community engagement.
- Fees: 0.08% maker and 0.1% taker fee, deposit and withdrawals are free
- Deposit Methods: VISA, MasterCard, ApplePay, bank transfer, and more
- Withdrawal limits: 10,000,000 USD per day
- Supported Countries: Available in 200+ countries (USA and Canada are not supported)
If you don’t have an account on OKX, you can use our OKX referral code “ACE518176” and unlock Mystery Boxes worth up to $10,000.
3. Gate.io: Top non KYC crypto exchange
Gate.io is another cryptocurrency exchange to buy crypto without KYC. You don’t need to provide any personal details or go through any verification process. You just need an email and a password to sign up and start trading. You can also deposit and receive crypto but to withdraw funds, KYC is mandatory.
You can trade more than 1700 coins and tokens, such as BTC, ETH, ADA, and many small cap altcoins and meme tokens. You can also trade different types of products, such as spot, margin, perpetual contracts, leveraged ETFs, options, P2P trading, and futures. You can also lend and borrow crypto on Gate.io and earn interest or use leverage.
Gate.io is very safe and trustworthy. It keeps most of its funds in cold storage and has a full proof-of-reserve system. It also has a user protection fund that covers any losses if there is a hack or a system failure. The platform has never been hacked or breached since it started in 2013. You can read our full Gate.io review for more information.
- Fees: 0.2% maker-taker fee, deposit and withdrawal fees depending on payment providers
- Deposit Methods: debit/credit cards, bank transfers, and P2P
- Withdrawal limits: 100,000 USDT per day
- Supported Countries: Available all around the world except for the US and Afghanistan
If you’re starting out, create an account on Gate.io using code “BgdCUgtf” and get a Welcome Bonus of up to $100 and dive into $5,000,000+ Prize Pools.
4. Bybit: Best For Derivatives Trading Without ID Proof
Bybit might be a good choice If you want to trade crypto derivatives without KYC. It lets you trade Bitcoin, Ethereum, and other 850+ coins with high leverage, low fees, and fast speed. The exchange has a nice interface, a mobile app, and many features like alerts, risk tools, and social trading. You can also trade NFTs.
But Bybit has some limits and risks as a No-KYC exchange. First, you can only withdraw 20k USDT per day without KYC. The monthly withdrawal limits are also set to 100k USDT. If you want to withdraw more, you have to do KYC with your ID and selfie.
Second, you can’t use Bybit if you are in the U.S. You have to confirm that you are not from a banned country. Third, Bybit may force you to do KYC in the future. This is just to comply with your country’s laws and regulations if changes in the coming days or years. Bybit is available in more than 160 countries and is also one of the best crypto exchanges in Australia.
- Fees: 0.1% maker-taker fee, No deposit and withdrawal fees
- Deposit Methods: debit cards, credit cards, in-person cash payments, and 80 more
- Withdrawal limits: 20,000 USDT per day
- Supported Countries: Available in 160+ countries
New to Bybit? Sign up using the invite code “59618” and seize the opportunity to earn up to $30,000 in Deposit Rewards. Join now!
5. Phemex: Best No KYC Crypto Exchange for Margin Trading
Phemex is one of the best margin trading exchanges for non-KYC crypto users. It does not ask you to give your identity or personal information. You can trade Bitcoin or other crypto coins with privacy and anonymity. The unverified users have a withdrawal limit of $50,000 per day.
Phemex has zero-fee spot trading for some crypto pairs, like BTC/USDT, ETH/USDT, XRP/USDT, and more. The standard spot fee is 0.1% maker/taker. You also pay low fees of 0.01% for contract trading. It lets users trade crypto derivatives with up to 100x leverage. This means they can make more profits (or losses) with less money. Phemex has over 140 contract pairs, including perpetual contracts and fixed-term contracts.
- Fees: 0.1% maker-taker, free deposit and withdrawals (third-party fee may be charged)
- Deposit Methods: Credit card, debit card, bank account, or Apple Pay
- Withdrawal limits: 50,000 USDT per day
- Supported Countries: More than 200 countries
6. Bisq: Best No KYC P2P Bitcoin Exchange
Bisq is a P2P trading network for Bitcoin (BTC) using fiat money without any central authority or identity check. It is made to be secure, private, open-source, and user-friendly. To make sure trades are fair and safe, Bisq uses 2-of-2 multisig wallets and a security deposit system that makes both parties follow the trade rules. If there is any problem, it has a decentralized arbitration system that can solve it quickly and fairly.
Bisq is an open-source project that is built and run by its community. Anyone can help with Bisq’s code, design, documentation, translation, support, marketing, or any other part of the project. Its strategy and direction are talked about openly on platforms such as Keybase, GitHub, Twitter, Mastodon, YouTube, Forum, Freenode IRC, Reddit, Matrix, and Telegram.
- Fees: 1.3% (0.15% by maker and 1.15% by taker)
- Deposit Methods: MoneyGram, transfer, Perfect Money, and Popmoney
- Withdrawal limits: Depends on withdrawal method
- Supported Countries: Worldwide
7. Uniswap: Best No-KYC Decentralized Exchange
Uniswap is another best no KYC crypto exchange. It is a DeFi platform that lets you swap, earn, and build on Ethereum. It is best for buying Bitcoin without KYC. It uses smart contracts to provide liquidity, pricing, and execution. You can trade any ERC-20 tokens without middlemen, fees, or limits. You can trade tokens from any pool on Uniswap. The price changes based on supply and demand, using an AMM system.
It also has its own token, UNI, which is for voting on changes and improvements for the platform. UNI holders can give their votes to others or join the decision-making process. Uniswap is run by its community and supports developers and projects that add value to its ecosystem. The app also has features like alerts, Moonpay integration, and cross-device syncing.
Uniswap v3 has two new features that let LPs manage their capital and risk better. Price ranges let LPs pick what prices they want to offer liquidity for. Fee levels let LPs pick different fees based on how volatile the pool is, letting them get paid more or less for taking more or less risk
- Trading Fees: 0.3% fee for swapping tokens
- Deposit Methods: Credit card, debit card, or bank transfer
- Withdrawal limits: No Limits
- Supported Countries: Worldwide
8. PaxFul: Best for Buying Bitcoin Anonymously
Paxful lets users trade Bitcoin with more than 350 ways to pay. Users can use bank transfers, online wallets, cards, gift cards, digital currencies, cash payments, and even goods and services.
You do not need to show your ID with a KYC (Know Your Customer) document unless you want more security or features. It is the best anonymous crypto exchange. It will give you a $1000 trade limit without identity verification. You can also make money by becoming vendors on Paxful and setting your own prices and rules for the trades.
Paxful has a user-friendly interface, 24/7 customer service, and an escrow system that helps users find trustworthy and experienced trading partners. Paxful also has an affiliate program that rewards users for inviting their friends and family to join the platform.
- Trading Fees: 1% for every trade
- Deposit Methods: Debit, credit, cash, and 350+ other ways
- Withdrawal limits: $1,000 without KYC and $10,000 with ID Proof
- Supported Countries: Worldwide including the United States and UK
What are No KYC Crypto Exchanges?
KYC means “Know Your Customer”. It is a way for financial services that deal with fiat currency to check who their customers are. This is to follow the rules and avoid money laundering and other crimes.
No KYC crypto exchanges are the best alternatives for privacy-focused users. These platforms do not ask for any identity proof from their users. They let you sign up with just an email and a password, or sometimes no signup at all. You can then buy, sell, and trade cryptos without giving any personal details or documents.
Why You Should Buy Crypto Without KYC?
- Privacy: Users can trade without revealing personal information, preserving their anonymity.
- Accessibility: No KYC requirements make these exchanges accessible to users worldwide, including those without government-issued IDs. If you want to buy crypto under 18, you can use no-KYC platforms.
- Speed: Registration and trading processes are often quicker since there’s no need to go through KYC verification.
- Anonymity: Reduced risk of identity theft or data breaches, as personal information isn’t stored on the exchange.
What do you need to consider before buy crypto without KYC?
- Regulatory Risk: They may operate in a legal gray area and face potential regulatory crackdowns, leading to sudden closures or restrictions.
- Security Concerns: Increased risk of scams, hacks, and fraudulent activities due to limited oversight.
- Limited Fiat Options: Many No KYC exchanges offer limited or no support for fiat currencies, making it harder to deposit or withdraw traditional money.
- Lack of Insurance: No investor protection or insurance coverage, leaving users vulnerable to losses.
- Limited Features: Typically, No KYC exchanges offer fewer features and trading tools compared to their KYC-compliant counterparts.
How to buy crypto without KYC?
Here are the basic steps to buy crypto without KYC verification:
- Pick a crypto exchange that does not need KYC and has your preferred payment method and the crypto you want to buy. You can use MEXC, Gate.io, and OKX.
- Make an account on the exchange, if needed. Some exchanges may not even ask for your email address, while others may need a valid email and a password.
- Add funds to your account using your preferred payment method. You may be able to use fiat money, bank transfers, credit cards, or other cryptocurrencies.
- Find the trading pair that matches the crypto you want to buy and the money you have added. For example, if you want to buy Bitcoin with US dollars, you should look for the BTC/USD pair. Then, enter how much crypto you want to buy and confirm the order.
- Move your bought crypto to your own non-custodial wallet. You should never keep your crypto on an exchange, especially a no-KYC one, as it may be unsafe or stolen.
Conclusion: Which is the best crypto exchange without ID verification?
To sum up our guide on the best no KYC crypto exchange, you have many choices as listed above. These platforms let you trade crypto without giving your identity or personal info. This has many benefits, like privacy, security, anonymity, and freedom.
We recommend using Bybit, MEXC Global, Gate.io, and many other above-listed crypto exchanges to buy crypto without KYC. You can also use decentralized exchanges like Uniswap to buy ERC20 tokens without ID.
But some no KYC centralized exchanges are better than others. Some have more features, fees, liquidity, and security than others. So you need to research and compare different platforms before you choose.
FAQs
Does MetaMask need KYC?
No, MetaMask does not ask for KYC. It is a decentralized wallet that allows you to create an account with a seed phrase and a password. You can use many decentralized apps and platforms with MetaMask without KYC.
Can I use Kucoin without KYC?
KuCoin has recently said that it will start KYC verification for all its users from July 15, 2023. This means that users will have to give identification documents and do face verification to use KuCoin’s full features.
Can I use Kraken without KYC?
No, you cannot use Kraken without ID verification. It is a regulated financial service provider that has to follow local anti-money laundering laws and verify the identity of its customers. You have to give personal data such as your name, date of birth, address, phone number, and ID documents when you make a Kraken account.
Are No KYC Crypto Exchanges Safe?
Non KYC crypto exchanges are not as safe as their KYC-compliant ones. They may break the laws and rules of the countries where they work or where their users are, and they may face legal actions, fines, or shutdowns. If you lose your funds, you will also not have any ID proof to claim insurance.
Does MetaMask require KYC to buy crypto?
Yes, MetaMask requires KYC to buy crypto from its fiat gateways. When you enter how much of a token you want to buy on MetaMask, you will see prices from different gateways that are available in your region and support your payment method. You have to choose a gateway and do their KYC process before you can buy crypto on MetaMask.
Does Coinbase require KYC?
Yes, Coinbase requires KYC to use its platform and services. You may have to give government ID and address proof of your region.
Can I use Bitget without KYC?
No, you cannot use Bitget without KYC. It has made KYC mandatory for all users since September 2023. This is done to improve security compliance and meet global regulatory standards.
Where to buy crypto without KYC?
Some of the crypto exchanges where you can buy crypto without KYC include MEXC Global, OKX, Bybit, Phemex (Centralized), and Bisq, Uniswap (Decentralized).
