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By Fatima Rodriguez
Key Takeaways
The best no-KYC crypto exchanges are MEXC, GhostSwap, TorrentSwap, BingX, PrimeXBT, CoinEx, Bybit, Changelly, Uniswap, dYdX, Hodl Hodl, PancakeSwap, and ProBit Global due to their fees, supported coins, withdrawal limits, and security measures.
The benefits of using crypto exchanges without KYC include enhanced privacy, trading anonymously, quicker access to trading platforms, and avoiding the hassle of submitting personal documents.
Buying crypto without ID verification can pose potential risks, such as security concerns and exposure to illegal activities like money laundering and terrorist financing.
The cryptocurrency market has seen rapid growth, but for many, the process of buying Bitcoin and other digital assets can be daunting due to stringent Know Your Customer (KYC) requirements. These regulations often involve sharing personal information, which many find intrusive. If you’re looking for a way to buy crypto without KYC, this guide is for you.
We will review the best no-KYC crypto exchanges and trading platforms, discover how to buy crypto with no ID verification, and understand the pros and cons of using such non-KYC exchanges.
Here is our list of top 13 non-KYC crypto exchanges:
Explore our detailed guide to find the best no KYC cryptocurrency platforms that let you buy crypto without ID verification.
MEXC is our #1 choice as a non-KYC crypto exchange. The platform allows you to deposit, withdraw, and trade cryptocurrencies using only an email address, making it an attractive option if you seek privacy. It implements a tiered withdrawal limit system, catering to unverified and verified users. As an unverified account holder, which requires no ID verification, you enjoy a generous daily withdrawal limit of 10 BTC.
User Score
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For users who opt to complete the KYC process, MEXC offers increased withdrawal limits. KYC Level 1 verification allows a daily withdrawal limit of 80 BTC, while KYC Level 2 verification increases this limit to 100 BTC. This tiered approach offers more options for those wanting to upgrade their account later.
MEXC supports 2,500+ cryptocurrencies and provides various advanced trading features, including spot trading, perpetual futures contracts, copy trading, and P2P trading. The exchange also offers 0% trading fees and a user-friendly interface, making it a top choice for both beginners and experienced traders. Read our detailed MEXC review for more information.
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GhostSwap redefines the experience as an anonymous cryptocurrency exchange, providing unparalleled privacy and ease. As a fully anonymous, non-custodial platform, GhostSwap allows you to swap 1,500+ cryptocurrencies across multiple blockchains without any KYC, registration, or account setup.
Your privacy is the top priority—no personal data, no identity exposure, just fast, secure, and limitless swaps. Whether you’re trading Bitcoin, Ethereum, Monero or Solana, GhostSwap ensures complete anonymity and control over your assets, offering a seamless experience designed for privacy-focused users.
TorrentSwap is a self-custody, cross-chain swap platform built for privacy-conscious crypto traders. By eliminating the need for sign-ups or identity checks, TorrentSwap ensures 0% KYC, allowing anyone with a crypto wallet to trade securely and anonymously. Unlike traditional exchanges, TorrentSwap never takes custody of your assets, nor does it rely on a centralized liquidity provider. Instead, trades are executed via audited, non-custodial smart contracts that source liquidity on-chain, meaning your funds remain fully under your control from start to finish.
With support for major blockchains (Bitcoin, Ethereum, Solana, Arbitrum, Polkadot, and more), TorrentSwap lets you move value across different ecosystems in a single transaction, typically within 30 minutes. Transparent pricing with real-time quotes keeps you informed of the exact output, fees, and potential slippage before you commit, while on-chain trade settlement and a public tracker give you full visibility into your swap status. If you value privacy, autonomy, and decentralized liquidity, TorrentSwap offers a frictionless alternative to traditional, centralized exchanges.
BingX is another privacy-focused and anonymous crypto exchange that does not require KYC verification. It provides spot trading, futures contracts with 125x leverage, and copy trading services. The exchange supports 800+ cryptocurrencies, including Bitcoin, Ethereum, and other major altcoins.
User Score
9.7
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BingX’s no-KYC policy allows unverified users to withdraw without the need to submit personal identification documents. However, there are certain limits in place. Unverified accounts can withdraw up to 20,000 USDT daily, which is quite competitive compared to other crypto exchanges.
The platform also offers low trading fees, with spot trading fees set at 0.1% and futures trading fees at 0.02% (maker) and 0.05% (taker). BingX’s fee structure is designed to be affordable, particularly for active traders. Additionally, the exchange provides a user-friendly interface and robust security features, including cold wallet storage and two-factor authentication. Check out our complete BingX review here.
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Founded in 2018, PrimeXBT has rapidly grown to become a significant player in the crypto trading space. The platform supports trading in over 100 crypto assets, including major cryptocurrencies like BTC and ETH. PrimeXBT also offers trading in traditional financial instruments such as forex, commodities, and stock indices.
One of PrimeXBT’s key attractions is its no-KYC policy for crypto transactions. It allows you to deposit up to $2,000 using fiat payment methods, such as debit or credit cards, without completing KYC. The platform also enables crypto withdrawals of up to $20,000 per day without needing any ID verification. This makes it an attractive option for traders who value privacy and prefer to trade without verification.
This no-KYC crypto exchange also includes advanced charting tools powered by TradingView, allowing traders to conduct thorough technical analysis. It also offers leveraged trading with up to 100x leverage on certain crypto pairs. It also offers 1:1000 leverage for trading Forex, Indices, and Commodities.
CoinEx is another best no-KYC crypto exchange. It supports over 1,153+ new altcoins and offers various trading pairs, including spot trading, futures contracts, and margin trading. The exchange is particularly best for traders who prefer trading new altcoins, meme coins, or pump-and-dump coins. It lists all new crypto projects without any thorough investigations, which is a major drawback of this exchange.
For users who prefer trading without ID verification, CoinEx offers generous daily and monthly limits. By completing mobile or TOTP (Time-based One-Time Password) binding, you can withdraw up to 10,000 USD within 24 hours and 50,000 USD over 30 days without KYC. If you choose to complete personal ID verification, the withdrawal limit increases significantly to $1,000,000.
The platform also provides a mobile app, ensuring that you can trade on the go. It offers strong security features, such as two-factor authentication (2FA) and cold wallet storage, to protect your assets. CoinEx utilizes a user-friendly interface. The platform is available in 16 languages and serves users from more than 200 countries.
Bybit is a popular cryptocurrency exchange that started in 2018 and is based in Singapore. It’s known for being user-friendly and offering a variety of trading options, especially for people who like privacy. Many consider it one of the best no-KYC exchanges because it lets users withdraw without sharing personal details like ID or address, though there are some limits.
Right now, if you don’t do KYC verification, you can withdraw up to $20,000 worth of crypto daily and $100,000 monthly. However, things have changed a bit over time. Previously, Bybit used to allow trading and deposits without KYC, but as of 2025, they tightened their rules. Now, to trade or deposit crypto, you need to complete KYC, which involves submitting identification. For withdrawals, the $20,000 daily limit is still decent for small to medium traders who want to stay anonymous.
The exchange focuses heavily on derivatives trading, like futures and perpetual contracts, with leverage of up to 100x. It also offers spot trading and passive income options like staking, but these often require KYC for full access. Bybit keeps user funds safe with cold storage and two-factor authentication, making it secure even for non-KYC users.
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Changelly is a cryptocurrency exchange platform that allows you to easily swap, buy, and sell various digital assets. The platform supports over 500 cryptocurrencies, including popular ones like Bitcoin, Ethereum, and Litecoin. Changelly offers competitive exchange rates and charges a 0.25% fee per transaction.
However, the platform is known for its liquidity aggregator feature through partnerships with over 20 other crypto trading platforms. This means usually transaction takes between 5 to 40 minutes to complete, depending on network conditions. You can also swap 1:1 on any supported stablecoins like USDT to USDC or vice-versa.
One of Changelly’s standout features is its KYC-free swaps of up to 1 BTC every 24 hours. This means you can exchange cryptocurrencies without ID verification, making it an attractive option for those seeking anonymity in their transactions. The platform does not require you to store funds on the exchange, reducing the risk of hacks. Instead, transactions are done directly to your wallet. Changelly has partnerships with several wallets, such as Ledger and Trezor, to provide a seamless trading experience.
Uniswap is a no KYC decentralized exchange on the Ethereum blockchain. Launched in 2018, it has become one of the most popular platforms for trading ERC-20 tokens without ID verification. Now, it supports more than 10 blockchains including Arbitrum, Polygon, and Optimism.
It is also one of the largest DEXs by trading volume. Uniswap uses an automated market maker (AMM) system, which means you can trade tokens without needing a traditional order book. Instead, trades are executed against a liquidity pool.
The exchange supports thousands of ERC-20 tokens, providing a wide range of trading options without KYC. Its automated market maker (AMM) model ensures liquidity for all listed pairs. Users can also earn fees by providing liquidity to trading pools.
The platform’s native token, UNI, serves governance purposes and has a market cap exceeding $4 billion as of 2024. UNI holders can vote on protocol upgrades and changes. Uniswap’s user interface is designed for simplicity, allowing even newcomers to trade without verification. The platform integrates with various web3 wallets, enabling seamless, ID-free transactions.
dYdX is a decentralized cryptocurrency exchange that offers trading without KYC requirements. Launched in 2017, dYdX operates on the Ethereum blockchain and specializes in perpetual contracts, spot trading, and margin trading. You can trade in the spot market on the Ethereum L1 blockchains.
This exchange runs on Ethereum’s Layer 2, utilizing the StarkWare engine to enable faster and cheaper transactions. dYdX offers up to 20x leverage on its perpetual contracts, which are its primary trading product. The exchange does not charge traditional trading fees; instead, it uses a fee structure based on trading volume and liquidity, starting from 0.02% for makers and 0.05% for takers.
dYdX supports over 124 coins and trading pairs, including major cryptocurrencies like Bitcoin, Ethereum, and Solana. dYdX’s trading volume often exceeds $1 billion daily, making it one of the best decentralized crypto exchanges by volume.
Hodl Hodl is a no-KYC Bitcoin exchange that prioritizes user privacy and autonomy. Unlike traditional exchanges that demand extensive Know Your Customer verification, Hodl Hodl is a P2P exchange that operates on a trustless model, allowing users to trade Bitcoin without identification.
Hodl Hodl functions as a platform that connects buyers and sellers directly, eliminating the need for intermediaries. The exchange utilizes a multi-signature escrow system to secure transactions, ensuring that funds are released only when both parties fulfill their obligations. This mechanism enhances trust and security within the platform.
While Hodl Hodl primarily focuses on Bitcoin trading, you can use 100+ fiat currencies. It does not operate any wallets, which means that to buy or sell Bitcoin you need to have a wallet on your own. You can choose between popular crypto wallets like Trust Wallet, MetaMask, and Exodus Wallet.
PancakeSwap is another decentralized exchange (DEX) operating on the BNB Chain. Notably, the platform operates on a without verification, without ID, and no KYC basis, offering users a high degree of privacy.
As a DEX, PancakeSwap employs automated market makers (AMMs) to facilitate token swaps. This mechanism ensures liquidity and efficient trading without the need for traditional order books. The platform boasts an extensive range of services, including token swapping, yield farming, staking, and lottery. You can provide liquidity to pools and earn LP tokens in return. These tokens can be staked to earn CAKE, the platform’s native token.
As of now, PancakeSwap supports trading for a wide range of BEP-20 tokens with over 3,000 trading pairs available. It handles a significant trading volume daily, contributing to its high liquidity. It also features an NFT marketplace where users can buy, sell, and trade NFTs. The platform supports bridging assets between different blockchains, including other EVM-compatible chains and Aptos.
ProBit Global is another crypto exchange without KYC established in 2018. It allows you to trade a wide range of digital assets without the stringent requirement of ID verification. You can buy and sell over 800+ cryptocurrencies.
For users who prefer to trade without verification, ProBit Global allows deposits and withdrawals up to $5,000. Plus, if users complete the KYC process, their withdrawal limit increases to $10,000. Users who activate 2FA (Two-Factor Authentication) and complete KYC verification for at least seven days can enjoy a higher withdrawal limit of up to $500,000. This tiered system provides flexibility and enhanced security for different user needs.
To ensure security, ProBit Global maintains 95% of digital assets in cold storage and employs multiple encryption layers. The exchange has not reported any hacking incidents to date. Additional features include trading bots, staking events, and Initial Exchange Offerings (IEOs).
KYC, or Know Your Customer, is a regulatory process used in the crypto and financial industries to verify the identity of users before they can access certain services. In the context of cryptocurrency exchanges, KYC is implemented to comply with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.
The KYC process typically requires users to provide personal details such as:
Crypto platforms use KYC to ensure that their users are not involved in illegal activities and to maintain transparency in financial transactions.
A non-KYC exchange is a digital platform that allows users to trade cryptocurrencies without undergoing the Know Your Customer verification process. These exchanges prioritize user privacy and anonymity by eliminating the need for personal identification documents or information.
Unlike traditional exchanges, non-KYC exchanges do not require users to submit government-issued IDs, proof of address, or other identifying details. This approach enables traders to maintain a higher level of confidentiality when buying, selling, or exchanging digital assets.
Choosing a no-KYC exchange requires careful consideration of several factors. Follow these steps to select the best no KYC platform for your needs:
To buy and trade crypto without KYC verification, the first step is to choose a non-KYC crypto exchange. Research and select an exchange that does not require identity verification and has a good reputation for security and user experience.
Make sure to read user reviews and check for any potential regulatory issues that might affect its operation. As discussed above, some of the top non-KYC crypto platforms are MEXC, BingX, PrimeXBT, Uniswap, and CoinEx.
Next, create an anonymous account using an email address. It’s best to use an email that doesn’t contain personal details. Some exchanges may require you to verify your email, but this process is quick and does not involve sharing any personal documents. Ensure you use strong passwords and enable two-factor authentication for added security.
Once your account is set up, you can deposit crypto or fiat currency. If the exchange allows fiat deposits without KYC, you might need to use specific payment methods like certain prepaid cards or e-wallets. For example, PrimeXBT allows up to $2,000 in fiat deposits.
For crypto deposits, simply transfer your existing cryptocurrency from another wallet to the exchange’s wallet address. Make sure to double-check the address to avoid any mistakes.
Finally, you can start trading crypto without verification. Navigate to the trading section of the exchange and choose the crypto pairs you want to trade. You can place buy or sell orders and take advantage of the exchange’s tools and features to manage your trades.
Remember to regularly check the exchange’s policies, as regulatory changes might affect your ability to trade without KYC in the future.
Use a wallet you control, like a software wallet (e.g., Exodus) or a hardware wallet (e.g., Ledger). Get the wallet address ready for withdrawal. Make sure it supports the crypto you’re moving.
Go to the withdrawal section on the exchange. Enter your wallet address and the amount you want to withdraw. Confirm the details carefully to avoid errors.
Submit the withdrawal request and wait for it to process. Some exchanges may ask for email confirmation – check your inbox. Once approved, the crypto will arrive in your wallet after blockchain confirmation.
Using no-KYC crypto exchanges can be risky, but you can stay safe by following some simple steps. Here are 7 best practices to protect yourself:
In a nutshell, the best non-KYC crypto exchanges offer an opportunity for traders and investors who value privacy and want to avoid the complexities of ID verification. These platforms provide a straightforward way to buy and trade digital assets, catering to those who prefer to keep their financial activities private.
However, it’s essential to consider the limitations associated with using non-KYC platforms. While the convenience and anonymity they offer are appealing, they may come with trade-offs like lower withdrawal limits, limited features, and regulatory challenges.
The best non-KYC crypto exchange platforms include MEXC, BingX, PrimeXBT, CoinEx, and Uniswap. These platforms allow you to trade cryptocurrencies without needing to go through identity verification. They are popular because they prioritize privacy and speed, letting you trade right after registration.
No-KYC crypto exchanges operate legally in many countries, but their legality can vary based on local crypto regulations. Some regions, such as the U.S. and the EU, require strict adherence to KYC and AML (Anti-Money Laundering) laws. This means that exchanges without KYC are likely to face government scrutiny, leading to restrictions or penalties.
Before using a non-KYC exchange, you should check the crypto regulations in your country to ensure compliance. Typically, government-issued identification documents are required for KYC compliance to verify customer identities and assess risks related to illegal activities.
Yes. Governments have already begun cracking down on non-KYC crypto exchanges through enforcement actions and regulatory pressure. For instance, Binance, one of the world’s best crypto exchanges, faced regulatory scrutiny in several countries, including the U.S., UK, and Japan, for initially allowing users to trade without extensive KYC procedures. This led Binance to enforce stricter KYC rules in 2021 to comply with global regulations.
Another notable case is BitMEX, a crypto derivatives exchange that was charged by the U.S. Commodity Futures Trading Commission (CFTC) in 2020 for operating without proper KYC and AML procedures. BitMEX’s founders faced legal action, and the exchange paid a $100 million fine to settle the charges.
Buying crypto without KYC verification can be safe if you use a reputable no-KYC exchange, but there are risks involved. These crypto apps that don’t require ID verification may attract bad actors, leading to potential security concerns. Plus, in the event of a dispute or loss, recovering funds might be more difficult.
Non-KYC exchanges make it harder for governments to track cryptocurrency transactions, which can lead to underreporting or tax evasion by users. Since these platforms do not require personal identification, users can potentially hide their trading activities, making it difficult for tax authorities to enforce accurate reporting. However, this puts users at risk of future legal action if authorities discover unreported income or gains. Many countries, like the U.S., require crypto transactions to be reported, and failure to do so could result in penalties, audits, or even criminal charges.
You are legally required to report your transactions from no-KYC crypto exchanges on your tax return. Even if the exchange doesn’t require identity verification, tax authorities classify crypto as taxable, meaning capital gains, losses, and income from crypto trading must be reported.
Failing to do so is considered tax evasion, which carries severe penalties, including hefty fines and potential jail time. Governments are increasingly improving their ability to track crypto transactions, especially with new reporting requirements like the 1099-DA form in the U.S. Additionally, using multiple wallets or decentralized exchanges doesn’t guarantee anonymity, as authorities are actively linking wallet addresses to real identities. Avoiding taxes may seem easy now, but sooner or later, tax agencies will catch up.
Yes, you can buy Bitcoin anonymously on certain platforms that do not require KYC, like peer-to-peer (P2P) exchanges or specific no-KYC cryptocurrency exchanges. Some methods, like using Bitcoin ATMs or buying from private sellers, also allow for anonymous purchases.
No, Binance does not allow trading without ID verification. It is mandatory to perform KYC on the exchange. Binance has implemented KYC procedures to comply with global regulations and to enhance the security and safety of its platform.
Yes, Coinbase requires KYC for all its users. To create an account and start trading on Coinbase, you must verify your identity by providing personal information and documentation. This process is in place to comply with regulatory requirements in the United States and to ensure the security of its platform.
Wallets like MetaMask, Trust Wallet, Ledger, Trezor, and Electrum allow you to store and manage your crypto without needing to provide personal identification. Non-custodial wallets do not require KYC because they do not manage your funds or handle transactions. These wallets give you full control over your private keys and funds, ensuring privacy.
Fatima Rodriguez
Fatima Rodriguez is a freelance writer that has been in financial journalism for over 5 years. With a keen interest in the evolving digital finance landscape, Fatima has a strong understanding of the crypto ecosystem and the crucial role that exchanges and wallets play in it. In her free time, Fatima enjoys meeting people, attending fintech webinars and conferences, and staying updated on the latest industry trends.
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NFTevening is an award-nominated media outlet that covers NFTs and the cryptocurrency industry. Opinions expressed on NFTevening are not investment advice. Before making any high-risk investments in cryptocurrency or digital assets, investors should conduct thorough research. Please be aware that any transfers and transactions are done at your own risk, and any losses incurred are entirely your responsibility. NFTevening does not endorse the purchase or sale of any cryptocurrencies or digital assets and is not an investment advisor. Additionally, please note that NFTevening participates in affiliate marketing.
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13 Best No KYC Crypto Exchanges for 2025 – NFT Evening
