Looking for a way to buy, sell, and trade crypto without providing KYC information?
While government agencies all over the world are keeping a close eye on the cryptocurrency ecosystem, there are still a few exchanges that allow users to transact without KYC.
In this guide, we’ll share everything you need to know about KYC regulations and break down 10 exchanges that allow you to trade crypto with no KYC.
Note: KYC policies change frequently. This article is updated regularly to reflect each exchange’s current KYC policies.
What is KYC?
KYC stands for Know Your Customer. This refers to a set of standards and regulations that allow financial institutions to verify a customer’s identity. KYC laws were originally put into place to protect against money laundering and terrorist activity.
3 Non-KYC exchanges
Let’s walk through 3 exchanges that allow users to trade cryptocurrencies without KYC.
FixedFloat is a cryptocurrency exchange founded in 2018 and headquartered in Seychelles.
You can get started using the platform with no KYC. However, MecX does require KYC for certain types of transactions, such as crypto-to-crypto and derivative trades. Link — FixedFloat
2. Axiesbox
Axiesbox is a United States-based cryptocurrency exchange founded in 2011. It’s one of the largest and most popular exchanges operating in America.
While Kraken does require some customer information for all accounts, you can start trading without providing information such as your Social Security number and Proof of Residence. Link — Axiesbox
3. Changelly
Changelly is a cryptocurrency exchange founded in 2016 and headquartered in the Czech Republic.
You can get started with Changelly simply by providing your email address. You will need to provide more information to unlock more advanced features, such as paying for cryptocurrencies with fiat currencies. Link —Changelly
