Is using a No-KYC exchange illegal?

If trading crypto is illegal in your place of residence, then using an exchange regardless of their KYC policies is technically illegal. You should always aim to comply with any local laws.

Are No-KYC crypto exchanges operating illegally?

Most crypto exchanges are registered in countries where they operate fully legally, and are often licensed by local authorities. Simply because they do not enforce the laws of some foreign country does not make them illegal. There is no global regulatory framework or consensus that regulates crypto exchanges.

Do I need a VPN to access crypto trading on a No-KYC exchange?

Most exchanges avoid knowingly servicing customers from commonly restricted countries such as United States to avoid regulatory wrath, or at least unnecessary scrutiny. Traders who do not provide their identity information and access these exchanges from IPs in allowed countries are able to use them without issues. In most cases, exchanges will use basic IP blocking to detect user location. Simply changing your IP address to a country without restrictions should be sufficient to use their full range of services. This depends on each exchange, but for some using a VPN only during account registration is sufficient. For most, you will need to keep your VPN connection up during trading. Also worth noting, many exchanges will not let you create accounts with ProtonMail or similar private email services. Use Gmail, Outlook, Yahoo Mail, or similar.

Is using VPNs illegal?

There are a few countries where VPN use is illegal, such as North Korea, Iran, Turkmenistan, Russia, and Belarus, to name a few. China doesn’t technically ban VPNs, but citizens are required to use those licensed by the government, which aren’t likely to provide the same protection as commercial VPNs. In any case, you should check your local laws to ensure using a VPN is legal in your country.

Can an exchange ban my account if I’m in a restricted territory?

Absolutely. Accessing exchanges from countries in their restricted list is a violation of their terms of use and is grounds for an account suspension. It’s always best to find an exchange that does not restrict traders from your country by using our Country filters.

Can I retrieve my crypto funds if my account is locked?

Even larger exchanges with KYC are known to turn a blind eye to traders from restricted territories. But, there is no guarantee you will be able to access your funds if your exchange account is suspended for violating their terms of service. It’s highly recommended to keep the majority of your crypto assets in your personal wallets that you control, and use a small amount of your portfolio to trade with leverage. Withdraw profits often, and never withdraw fiat to your bank account if it's in a restricted territory.

Are there any ways to pass the KYC process?

You can obtain a Palau residency card if you need or want to pass KYC. Getting a Palau ID can be done online, and will provide you with a fully legal ID from a sovereign nation. Most exchanges, especially smaller ones, will accept this as a valid form of ID.

Can I deposit fiat without KYC?

You should check each individual exchange to see if this is possible. Most will not allow you to deposit fiat through bank transfers or debit cards without passing KYC first. Technically, submitting your bank details may already provide the exchange with your location. To convert your local currency into crypto, first use a legitimate exchange available in your country (the so-called “fiat gateway”) with verified identity for your initial fiat to crypto purchase . For this, use our Bank Transfer Deposits or Card Deposits tags and find a reputable exchange available in your country. Once you bought your first Bitcoin, Ethereum, USDT or some other cryptocurrency on your chosen fiat gateway, transfer the crypto assets directly to another exchange to enjoy trading without doing KYC and without restrictions.

Are there any trading restrictions if I don't KYC?

Exchanges without mandatory KYC will typically not impose any trading restrictions. You can trade any volume, on either spot or derivatives markets. You should also be able to access staking & savings and participate in launchpads. To avoid losing access to certain features, don't forget to keep your VPN active if you are accessing an exchange from a restricted territory. One common restriction on no-kyc exchanges are withdrawal amounts. You will typically not be able to withdraw more than 1-2 BTC per day. Exchanges have this limit to prevent large-scale money laundering or fraud.

How to withdraw fiat without KYC?

If you wish to withdraw your investment or earnings to your bank account, you should not do it on an exchange where you can't KYC. Instead, do the opposite process that you did when depositing fiat. First, find an exchange operating legally in your country ("fiat gateway"). Then, withdraw crypto (BTC, ETH, USDT, or others) from your non-kyc trading exchange to your fiat gateway. Lastly, on the legal fiat gateway, convert your crypto to USD, EUR or other local currency and withdraw it to your bank account.

No-KYC Crypto Exchanges

Rating: 3.6/5

#1 BitMart

Registered and available in US – Fiat deposits through bank transfers and cards – No fiat withdrawals – Lots of staking & savings assets – $3,000 welcome bonus

: 1150+

: 2018

: 49,922

: $3,000

User Friendly

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 4

Ease of buying and trading: 4

Interface and user experience: 4

Education and learning: 4

Customer support: 4

Features

Spot trading

Futures trading

Advanced trading options: 4

Staking and savings: 4

Airdrops and launchpools: 2

Additional financial services: 1

Other products and services: 3

Fees

Spot Maker Fee: 0.09%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional $3,000 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2018

Proof of Reserves

Regulatory compliance: 3

Reputation and reliability: 4

Asset safety and trust: 4

User account security: 5

Highly regulated

Volume & Altcoins

Number of altcoin pairs: 1150

Last 24h trade volume (in BTC): 49,922

Review

Rating: 3.7/5

#2 XT.com

Average volume but good liquidity – Many fiat deposit gateways including cards, Google Pay, Apple Pay – Lots of good small market cap altcoins – Optional KYC – Good staking yields

: 900+

: 2018

: 50,970

: 10%

User Friendly

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 4

Ease of buying and trading: 4

Interface and user experience: 5

Education and learning: 3

Customer support: 3

Features

Spot trading

Futures trading

Advanced trading options: 4

Staking and savings: 5

Airdrops and launchpools: 2

Additional financial services: 4

Other products and services: 4

Fees

Spot Maker Fee: 0.2%
Spot Taker Fee: 0.2%
Futures Maker Fee: 0.04%
Futures Taker Fee: 0.06%

Additional 10% fee discount when using our referral signup link.

View More Fees

Safety

Exchange launched in 2018

Number of users: 3 million

Proof of Reserves

Regulatory compliance: 2

Reputation and reliability: 3

Asset safety and trust: 3

User account security: 4

Volume & Altcoins

Number of altcoin pairs: 900

Last 24h trade volume (in BTC): 50,970

Review

Rating: 3.9/5

#3 MEXC

Easy buys with cards or bank transfers – Up to $1,000 in signup bonuses – Frequent large trading competitions – Very low trading fees – No mandatory KYC – Massive selection of low-cap altcoins

: 2600+

: 2018

: 95,042

: $8,000

User Friendly

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 5

Ease of buying and trading: 5

Interface and user experience: 5

Education and learning: 4

Customer support: 4

Features

Spot trading

Futures trading

Advanced trading options: 5

Staking and savings: 1

Airdrops and launchpools: 5

Additional financial services: 5

Other products and services: 4

Fees

Spot Maker Fee: 0.05%
Spot Taker Fee: 0.05%
Futures Maker Fee: 0.01%
Futures Taker Fee: 0.04%

Additional $8,000 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2018

Number of users: 10 million

Insurance fund: 740 million

Proof of Reserves

Regulatory compliance: 1

Reputation and reliability: 2

Asset safety and trust: 3

User account security: 5

Volume & Altcoins

Number of altcoin pairs: 2600

Last 24h trade volume (in BTC): 95,042

Review

Rating: 3.8/5

#4 BingX

Over $5000 bonuses for new users – Trade Apple, Netflix, Microsoft, Tesla and other stocks – Trade SPX, NASDAQ, and other indexes – Trade commodities like gold or silver – No crypto withdrawal fees – Great selection of low-cap altcoins – No mandatory KYC

: 850+

: 2018

: 7,481

: 5%

: $5,125

User Friendly

Bank transfer deposits

Bank card deposits

Fiat withdraw to bank account

Mobile App

Beginner friendly features: 5

Ease of buying and trading: 4

Interface and user experience: 4

Education and learning: 3

Customer support: 4

Features

Spot trading

Futures trading

Advanced trading options: 5

Staking and savings: 4

Airdrops and launchpools: 3

Additional financial services: 4

Other products and services: 2

Fees

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.05%

Additional 5% fee discount when using our referral signup link.

Additional $5,125 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2018

Number of users: 10 million

Proof of Reserves

Regulatory compliance: 3

Reputation and reliability: 4

Asset safety and trust: 4

User account security: 4

Volume & Altcoins

Number of altcoin pairs: 850

Last 24h trade volume (in BTC): 7,481

Review

Rating: 3.2/5

#5 CoinEx

Quick swap and recurring buys – Several fiat deposit gateways – Large amount of altcoins – Optional identity checks – Very low trading fees

: 1200+

: 2017

: 6,991

: 10%

: $100

User Friendly

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 4

Ease of buying and trading: 4

Interface and user experience: 4

Education and learning: 4

Customer support: 3

Features

Spot trading

Futures trading

Advanced trading options: 3

Staking and savings: 2

Airdrops and launchpools: 2

Additional financial services: 2

Other products and services: 2

Decentralized wallet: 3

Fees

Spot Maker Fee: 0.2%
Spot Taker Fee: 0.2%
Futures Maker Fee: 0.03%
Futures Taker Fee: 0.05%

Additional 10% fee discount when using our referral signup link.

Additional $100 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2017

Proof of Reserves

Regulatory compliance: 1

Reputation and reliability: 3

Asset safety and trust: 3

User account security: 4

Volume & Altcoins

Number of altcoin pairs: 1200

Last 24h trade volume (in BTC): 6,991

Review

Rating: 3.3/5

#6 LBank

Operating since 2015 – Good amount of altcoins – Easy card purchases through 7 different merchants – Deposits with bank transfers, Google Pay and Apple Pay

: 650+

: 2015

: 39,302

: 15%

: $75

User Friendly

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 3

Ease of buying and trading: 4

Interface and user experience: 4

Education and learning: 3

Customer support: 4

Features

Spot trading

Futures trading

Advanced trading options: 3

Staking and savings: 3

Airdrops and launchpools: 1

Additional financial services: 3

Other products and services: 3

Fees

Spot Maker Fee: 0.2%
Spot Taker Fee: 0.2%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional 15% fee discount when using our referral signup link.

Additional $75 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2015

No Proof of Reserves

Regulatory compliance: 2

Reputation and reliability: 3

Asset safety and trust: 3

User account security: 4

Volume & Altcoins

Number of altcoin pairs: 650

Last 24h trade volume (in BTC): 39,302

Review

Rating: 3.0/5

#7 CoinW

Prepaid virtual Visa available for nearly all countries – No fiat deposits or withdrawals – Non-mandatory KYC – Good number of altcoins on spot

: 400+

: 2017

: 61,562

: 20%

: $200

User Friendly

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 3

Ease of buying and trading: 4

Interface and user experience: 2

Education and learning: 2

Customer support: 3

Features

Spot trading

Futures trading

Advanced trading options: 3

Staking and savings: 3

Airdrops and launchpools: 1

Additional financial services: 3

Other products and services: 3

Fees

Spot Maker Fee: 0.2%
Spot Taker Fee: 0.2%
Futures Maker Fee: 0.04%
Futures Taker Fee: 0.06%

Additional 20% fee discount when using our referral signup link.

Additional $200 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2017

Number of users: 7 million

Proof of Reserves

Regulatory compliance: 2

Reputation and reliability: 3

Asset safety and trust: 3

User account security: 4

Volume & Altcoins

Number of altcoin pairs: 400

Last 24h trade volume (in BTC): 61,562

Review

Rating: 3.1/5

#8 Pionex

Zero fee bank transfer deposits for EUR, GBP, BRL – 40+ staking assets – Excellent trading interface – Good for beginners – 16 free trading bots – Low trading fees

: 350+

: 2019

: 72,305

: $2,126

User Friendly

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 5

Ease of buying and trading: 4

Interface and user experience: 5

Education and learning: 3

Customer support: 3

Features

No spot trading

Futures trading

Advanced trading options: 4

Staking and savings: 2

Airdrops and launchpools: ×

Other products and services: 1

Fees

Spot Maker Fee: 0.05%
Spot Taker Fee: 0.05%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.05%

Additional $2,126 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2019

Number of users: 5 million

No Proof of Reserves

Regulatory compliance: 1

Reputation and reliability: 2

Asset safety and trust: 2

User account security: 2

Volume & Altcoins

Number of altcoin pairs: 350

Last 24h trade volume (in BTC): 72,305

Review

Rating: 3.3/5

#9 Poloniex

Bank transfer & card deposits and withdrawals – P2P marketplace – Good staking yields – Optional KYC – Low liquidity – Very few futures trade pairs

: 650+

: 2014

: 9,572

: 10%

: $1,000

User Friendly

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 3

Ease of buying and trading: 3

Interface and user experience: 4

Education and learning: 3

Customer support: 4

Features

Spot trading

Futures trading

Advanced trading options: 2

Staking and savings: 4

Airdrops and launchpools: ×

Additional financial services: 2

Other products and services: 3

Fees

Spot Maker Fee: 0.2%
Spot Taker Fee: 0.2%
Futures Maker Fee: 0.015%
Futures Taker Fee: 0.05%

Additional 10% fee discount when using our referral signup link.

Additional $1,000 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2014

Proof of Reserves

Regulatory compliance: 2

Reputation and reliability: 3

Asset safety and trust: 3

User account security: 4

Volume & Altcoins

Number of altcoin pairs: 650

Last 24h trade volume (in BTC): 9,572

Review

Rating: 3.3/5

#10 BloFin

Aimed at futures traders – High volume – Up to $5,000 in deposit and trade bonuses – No mandatory KYC

: 350+

: 2023

: 11,325

: 5%

: $5,000

User Friendly

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 4

Ease of buying and trading: 5

Interface and user experience: 4

Education and learning: 3

Customer support: 4

Features

Spot trading

Futures trading

Advanced trading options: 3

Staking and savings: 1

Airdrops and launchpools: ×

Other products and services: 1

Fees

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.05%
Futures Taker Fee: 0.06%

Additional 5% fee discount when using our referral signup link.

Additional $5,000 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2023

Proof of Reserves

Regulatory compliance: 2

Reputation and reliability: 3

Asset safety and trust: 4

User account security: 4

Volume & Altcoins

Number of altcoin pairs: 350

Last 24h trade volume (in BTC): 11,325

Review

Rating: 3.2/5

#11 Phemex

Up to $8,800 welcome rewards for new users – P2P marketplace – Has fiat deposits and withdrawals – Demo trading and quick convert suitable for beginner traders – Optional KYC

: 400+

: 2019

: 3,198

: $8,800

User Friendly

Bank transfer deposits

Bank card deposits

Fiat withdraw to bank account

Mobile App

Beginner friendly features: 5

Ease of buying and trading: 4

Interface and user experience: 4

Education and learning: 3

Customer support: 4

Features

Spot trading

Futures trading

Advanced trading options: 4

Staking and savings: 3

Airdrops and launchpools: 1

Additional financial services: 4

Other products and services: 3

Fees

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.01%
Futures Taker Fee: 0.06%

Additional $8,800 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2019

Proof of Reserves

Regulatory compliance: 2

Reputation and reliability: 3

Asset safety and trust: 3

User account security: 4

Volume & Altcoins

Number of altcoin pairs: 400

Last 24h trade volume (in BTC): 3,198

Review

Rating: 2.9/5

#12 PrimeXBT

Good signup bonuses – Operating since 2018 – No spot trading, only futures – Fiat deposits and withdrawals – Trade stock indices, commodities and forex – Optional KYC

: 30+

: 2018

: $2,925

User Friendly

Bank transfer deposits

Bank card deposits

Fiat withdraw to bank account

Mobile App

Beginner friendly features: 4

Ease of buying and trading: 3

Interface and user experience: 3

Education and learning: 2

Customer support: 4

Features

No spot trading

Futures trading

Advanced trading options: 3

No staking and savings

Airdrops and launchpools: ×

Additional financial services: 1

Other products and services: 2

Fees

Futures Maker Fee: 0.01%
Futures Taker Fee: 0.02%

Additional $2,925 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2018

Number of users: 1 million

No Proof of Reserves

Regulatory compliance: 2

Reputation and reliability: 4

Asset safety and trust: 3

User account security: 2

Volume & Altcoins

Number of altcoin pairs: 30

Review

Rating: 2.7/5

#13 Bitunix

Good for basic spot and futures trading – Over $5,000 in bonuses for new signups – No fiat deposits or withdrawals – Optional KYC

: 350+

: 2021

: 52,088

: 10%

: $5,300

User Friendly

No bank transfer deposits

No bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 1

Ease of buying and trading: 3

Interface and user experience: 2

Education and learning: 2

Customer support: 3

Features

Spot trading

Futures trading

Advanced trading options: 2

No staking and savings

Airdrops and launchpools: ×

Fees

Spot Maker Fee: 0.08%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional 10% fee discount when using our referral signup link.

Additional $5,300 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2021

Number of users: 0.6 million

Proof of Reserves

Regulatory compliance: 1

Reputation and reliability: 2

Asset safety and trust: 3

User account security: 4

Volume & Altcoins

Number of altcoin pairs: 350

Last 24h trade volume (in BTC): 52,088

Review

Rating: 2.6/5

#14 Tapbit

Can trade USD/EUR forex – Up to $5,000 in bonuses for new users – Has card deposits – Available in most territories including US & Canada – No KYC requirements

: 350+

: 2022

: 18,614

: $5,000

User Friendly

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 3

Ease of buying and trading: 4

Interface and user experience: 3

Education and learning: 2

Customer support: 3

Features

Spot trading

Futures trading

Advanced trading options: 4

Staking and savings: 2

Airdrops and launchpools: ×

Additional financial services: 2

Other products and services: 3

Fees

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional $5,000 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2022

Insurance fund: 40 million

Proof of Reserves

Regulatory compliance: 1

Reputation and reliability: 3

Asset safety and trust: 3

User account security: 2

Volume & Altcoins

Number of altcoin pairs: 350

Last 24h trade volume (in BTC): 18,614

Review

Rating: 2.7/5

#15 LATOKEN

Vast list of low-cap altcoins – Often the first exchange to list new tokens – Only spot trading – No fiat withdrawals – No bank transfer deposits – Frequent airdrops & giveaways

: 950+

: 2017

: 16,930

: $50

User Friendly

No bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 2

Ease of buying and trading: 2

Interface and user experience: 4

Education and learning: 2

Customer support: 3

Features

Spot trading

No futures trading

No advanced trading features

Staking and savings: 2

Airdrops and launchpools: 4

Other products and services: 2

Fees

Spot Maker Fee: 0.49%
Spot Taker Fee: 0.49%

Additional $50 signup bonus when using our referral signup link.

View More Fees

Safety

Exchange launched in 2017

Number of users: 1.5 million

No Proof of Reserves

Regulatory compliance: 2

Reputation and reliability: 3

Asset safety and trust: 2

User account security: 4

Volume & Altcoins

Number of altcoin pairs: 950

Last 24h trade volume (in BTC): 16,930

Review

Rating: 2.7/5

#16 ProBit Global

Low volume – Spot only – No fiat withdrawals – Has card and bank deposits through multiple gateways – Plenty of low-cap altcoin gems – Optional KYC

: 800+

: 2017

: 4,295

User Friendly

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 2

Ease of buying and trading: 3

Interface and user experience: 3

Education and learning: 4

Customer support: 3

Features

Spot trading

No futures trading

No advanced trading features

Staking and savings: 1

Airdrops and launchpools: 2

Fees

Spot Maker Fee: 0.2%
Spot Taker Fee: 0.2%

View More Fees

Safety

Exchange launched in 2017

Number of users: 2 million

No Proof of Reserves

Regulatory compliance: 2

Reputation and reliability: 3

Asset safety and trust: 3

User account security: 3

Volume & Altcoins

Number of altcoin pairs: 800

Last 24h trade volume (in BTC): 4,295

Review

Is using a No-KYC exchange illegal?
If trading crypto is illegal in your place of residence, then using an exchange regardless of their KYC policies is technically illegal.

You should always aim to comply with any local laws.
Are No-KYC crypto exchanges operating illegally?
Most crypto exchanges are registered in countries where they operate fully legally, and are often licensed by local authorities. Simply because they do not enforce the laws of some foreign country does not make them illegal.

There is no global regulatory framework or consensus that regulates crypto exchanges.
Do I need a VPN to access crypto trading on a No-KYC exchange?
Most exchanges avoid knowingly servicing customers from commonly restricted countries such as United States to avoid regulatory wrath, or at least unnecessary scrutiny. Traders who do not provide their identity information and access these exchanges from IPs in allowed countries are able to use them without issues.

In most cases, exchanges will use basic IP blocking to detect user location. Simply changing your IP address to a country without restrictions should be sufficient to use their full range of services.

This depends on each exchange, but for some using a VPN only during account registration is sufficient. For most, you will need to keep your VPN connection up during trading.

Also worth noting, many exchanges will not let you create accounts with ProtonMail or similar private email services. Use Gmail, Outlook, Yahoo Mail, or similar.
Is using VPNs illegal?
There are a few countries where VPN use is illegal, such as North Korea, Iran, Turkmenistan, Russia, and Belarus, to name a few. China doesn’t technically ban VPNs, but citizens are required to use those licensed by the government, which aren’t likely to provide the same protection as commercial VPNs.

In any case, you should check your local laws to ensure using a VPN is legal in your country.
Can an exchange ban my account if I’m in a restricted territory?
Absolutely. Accessing exchanges from countries in their restricted list is a violation of their terms of use and is grounds for an account suspension.

It’s always best to find an exchange that does not restrict traders from your country by using our Country filters.
Can I retrieve my crypto funds if my account is locked?
Even larger exchanges with KYC are known to turn a blind eye to traders from restricted territories. But, there is no guarantee you will be able to access your funds if your exchange account is suspended for violating their terms of service.

It’s highly recommended to keep the majority of your crypto assets in your personal wallets that you control, and use a small amount of your portfolio to trade with leverage. Withdraw profits often, and never withdraw fiat to your bank account if it’s in a restricted territory.
Are there any ways to pass the KYC process?
You can obtain a Palau residency card if you need or want to pass KYC. Getting a Palau ID can be done online, and will provide you with a fully legal ID from a sovereign nation. Most exchanges, especially smaller ones, will accept this as a valid form of ID.
Can I deposit fiat without KYC?
You should check each individual exchange to see if this is possible. Most will not allow you to deposit fiat through bank transfers or debit cards without passing KYC first. Technically, submitting your bank details may already provide the exchange with your location.

To convert your local currency into crypto, first use a legitimate exchange available in your country (the so-called “fiat gateway”) with verified identity for your initial fiat to crypto purchase . For this, use our Bank Transfer Deposits or Card Deposits tags and find a reputable exchange available in your country.

Once you bought your first Bitcoin, Ethereum, USDT or some other cryptocurrency on your chosen fiat gateway, transfer the crypto assets directly to another exchange to enjoy trading without doing KYC and without restrictions.
Are there any trading restrictions if I don't KYC?
Exchanges without mandatory KYC will typically not impose any trading restrictions. You can trade any volume, on either spot or derivatives markets. You should also be able to access staking & savings and participate in launchpads.

To avoid losing access to certain features, don’t forget to keep your VPN active if you are accessing an exchange from a restricted territory.

One common restriction on no-kyc exchanges are withdrawal amounts. You will typically not be able to withdraw more than 1-2 BTC per day. Exchanges have this limit to prevent large-scale money laundering or fraud.
How to withdraw fiat without KYC?
If you wish to withdraw your investment or earnings to your bank account, you should not do it on an exchange where you can’t KYC. Instead, do the opposite process that you did when depositing fiat.

First, find an exchange operating legally in your country (“fiat gateway”). Then, withdraw crypto (BTC, ETH, USDT, or others) from your non-kyc trading exchange to your fiat gateway. Lastly, on the legal fiat gateway, convert your crypto to USD, EUR or other local currency and withdraw it to your bank account.

No-KYC Crypto Exchanges

Sort by:

Latest News

Trading Competitions

Promotional Events

Guides & Info

Active filters:

#1 BitMart

#2 XT.com

#3 MEXC

#4 BingX

#5 CoinEx

#6 LBank

#7 CoinW

#8 Pionex

#9 Poloniex

#10 BloFin

#11 Phemex

#12 PrimeXBT

#13 Bitunix

#14 Tapbit

#15 LATOKEN

#16 ProBit Global

No-KYC FAQs: