I’ve been in the crypto space since the big crash in 2018, and a lot has changed since then. Something as simple as using leverage or withdrawing money isn’t so straightforward anymore if you don’t want to go through KYC. Even when you do complete it, there are still some limitations.
In this post, I’ll show you the best non kyc crypto exchanges, the KYC exchanges I personally recommend, and an alternative way to use KYC-only platforms without actually sharing your information with your country.
Disclaimer: this post has some affiliate links at no cost to you.
Exchanges without KYC
Mexc
One of the major exchanges, currently the 7th largest by volume.
Limitations
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- Daily withdrawal limit of 5 BTC for unverified accounts.
- Certain transaction types, such as crypto-to-crypto and derivative trades, may require KYC.
- Not available to U.S. residents.
CoinEx
It’s not a major exchange — I’ve actually never traded on it myself — but I’ve heard good things about it.
Limitations
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- Daily withdrawal limit of $10,000 and a 30-day limit of $50,000 for unverified users.
- Some features may be restricted without KYC.
- Not available to U.S. residents.
Bybit
One of my favorites for leverage trading — their API data is my top choice if you’re using tools like Quantower.
Limitations
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- Basic trading available without KYC.
- Withdrawal limit of 100,000 USDT monthly for unverified accounts.
- Certain features and higher withdrawal limits require KYC.
- Not available to U.S. residents.
BingX
It has decent trading volume, currently ranked 12th on CoinMarketCap.
Limitations
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- Unverified users have a 24-hour maximum withdrawal limit of 20,000 USDT.
- Higher deposit and withdrawal limits, fiat currency trading, and participation in exclusive events require higher-level KYC verification.
Exchanges that require KYC
Binance
I don’t think this one needs an introduction — the king when it comes to trading altcoins
👉Try Binance
Bitget
Bitget is a Singapore-based cryptocurrency exchange launched in 2018, primarily known to trade derivatives and copy trading features.
It’s one of the major exchanges, currently ranked 4th on CoinMarketCap.
Bitrue
Not a major exchange, but their fees are really competitive. I’ve only traded some s**tcoins there, but it seems legit — after all, it’s still around after several years.
Alternatives
If you have the money and can afford it, getting a second passport can give you access to most exchanges. Countries like Antigua & Barbuda or El Salvador offer citizenship in exchange for investment.
Conclusions
Nowadays, it’s very difficult to hide your crypto from any government. As we’ve seen, there are some exchanges that don’t require KYC, although they’re not accessible in every country. In those cases, you’ll need a VPN. I’ve used sometimes ExpressVPN, PureVPN and of course the one recommended by 99.99% of YouTubers: nordVPN.
Just remember to always log in using the vpn, otherwise the exchange might detect your real location and disable you account.
If you have any other reccommendations, please let me know