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Best Crypto Exchanges Without KYC

We've tested over 50 apps to find the best platforms. Read our reviews to find the best crypto exchanges in 2022.

Updated August 2022   |  Affiliate Disclosure

Looking for the best anonymous crypto exchanges? There are many platforms that do not require ID or KYC to deposit, trade and withdraw cryptocurrency. However, you need to make sure it's safe and reputable so you don't get scammed.

Here at RankFi, we've reviewed over 50 cryptocurrency exchanges and are sharing the 3 best platforms that let you trade without KYC. These are the top picks based on safety, popularity, fees, features, and other criteria.

Kucoin Exchange

700+

Coins

0.10%

Trading Fee

0.00%

BTC Spread

KuCoin tops the list because it's the largest centralized exchange in the world without KYC. Advanced trading, derivatives, 700+ coins, and low fees and much more are what KuCoin offers. The token launchpad, credit card buys and some specific features do require verification. However, spot trading, derivatives, trading bots, and most things only require an email address. Full Review...

  • Lots of cryptocurrencies and features
  • Billions in 24h trading volume (top 5 or 10 exchange in the world)
  • Withdraw up to 1 BTC per 24 hours without KYC
  • 10 million users in 180+ countries
  • 10% discount on trading fees with this link

ByBit

140+

Coins

0.10%

Trading Fee

0.02%

BTC Spread

Spot trading, derivatives, 0.10% trading fees, and lots of features are what you'll find on Bybit. The platform only requires an email to trade and they have attracted over 5 million users around the world. While it doesn't have the same trading volume or coins as KuCoin, Bybit is still quite large with hundreds of millions in daily volume. Full Review...

  • Clean user interface
  • Great for advanced traders
  • Withdraw up to 2 BTC per day without KYC
  • 5 million users worldwide

AscendEX

250+

Coins

0.20%

Trading Fee

0.00%

BTC Spread

AscendEx is a Singapore-based exchange founded in 2018 with 1 million users. The trading fees are 0.20% for altcoins and 0.10% for large-cap coins. They have roughly $100M in daily trading volume according to CoinMarketCap and it's easy to start trading with just an email address, no KYC required. Full Review...

  • Withdraw up to 1 BTC per day without verification
  • 1 million users in 180+ countries
  • 10% discount on trading fees with this link

What Are The Risks of Anonymous Exchanges?

Using a non-KYC exchange poses risks, such as locking your funds and more. Here are some tips to keep in mind:

  • Ensure there are no restrictions in your country by checking the exchange's support section
  • Test your account with a small amount of crypto first to ensure everything is working as it should - especially for withdrawals
  • Don't hold large amounts of crypto on centralized exchanges, as there is always the risk that your funds could get locked one day
  • Watch out for notifications and changes from the exchange, as they may be introducing new KYC requirements
  • Finally, avoid new or small platforms that do not have a track record

Summary

In our opinion, these are the best non-KYC exchanges at the moment. Each platform has at least one million users, some have even more, and they have all been around for a few years. Plus, they have high liquidity, hundreds of coins, and low trading fees.

There are a few risks to be aware of when using an anonymous crypto exchange, but if you take the necessary precautions, they can be a great way to trade without having to go through KYC. Even so, always be careful when storing your crypto on centralized exchanges, no matter how safe they seem. 


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