TOP 24 Best Crypto Exchanges Without ID Verification

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Many jurisdictions, including the US, Russia, and European countries, have KYC (Know Your Customer)/AML (Anti-Money Laundering) regulations in place to protect against money laundering by financial institutions and to comply with international regulatory standards. These rules also apply to crypto exchanges, making it difficult to withdraw funds or top up an account without verification.

Profinvestment experts analyzed the offers on the market and compiled a list of the best anonymous cryptocurrency exchanges for those who are not going to distribute their confidential information. You can work with them without identity verification, either fully or with partially limited functionality. For complete anonymity, you should use decentralized exchanges (DEX).

🏆 TOP-15 anonymous crypto exchanges in 2024 according to carders for carding:
  1. Bybit Web3. The exchange's anonymous instruments do not require mandatory KYC. In addition, DEX Apex Pro is integrated.
  2. OKX Web3. Anonymous decentralized exchange OKX DEX within this platform allows you to exchange a large number of cryptocurrencies on different blockchains.
  3. MEXC. Anonymous cryptocurrency exchange where you can trade spot and futures. Withdrawal limit without KYC - 30 BTC / 24 h.
  4. BingX. Anonymous crypto exchange for trading cryptocurrency. Withdrawal limit without KYC - 30 50000 USDT / 24 h.
  5. HTX (Huobi). An anonymous cryptocurrency exchange where you don't have to go through KYC to work with crypto assets. The withdrawal limit without KYC is 5 BTC / 24 hours.
  6. KuCoin Web3. The exchange provides the opportunity to work anonymously with web3 tools using its own decentralized crypto wallet.
  7. Bitget Web3. Provides anonymous access to decentralized tools in the Web3 section.
  8. Gate.io Web3. A well-known crypto exchange with the ability to anonymously use decentralized components.
  9. CommEX. Russia-focused exchange with no mandatory ID verification. Lifetime withdrawal limit without KYC - 2 BTC / 24h.
  10. Coinex. An anonymous cryptocurrency exchange where you can trade on the spot and futures market without verification. Withdrawal limit without KYC - 10,000 USD / 24 hours.
  11. Pionex. Multifunctional platform for trading bots, which does not require KYC from all clients. Limit for withdrawal without KYC (for 1st level specify name and country) - 20000 USDT / 24 hours.
  12. Phemex. Anonymous exchange for trading on spot and futures markets, with copy trading and demo account. Withdrawal limit without KYC - 50000 USDT / 24 h.
  13. Payeer Exchange. Anonymous crypto exchange and wallet with low fees and convenient fiat deposits/withdrawals. The withdrawal limit from a wallet without KYC is 1000 USD / 24 hours.
  14. ApeX Exchange. Decentralized cryptocurrency exchange for derivatives trading.
  15. dYdX. Another decentralized crypto exchange for derivatives trading.

Examples of anonymous exchanges without mandatory verification:
Exchange nameLinkDoes it work with RF?Types of tradeDemo accountProof-of-ReservesTrading commissions
Bybit (web3)bybit.comyesspot, futures, p2pyesyesSpot: 0 to 0.1%. Futures: 0 to 0.055%.
OKX (web3)okx.comyesspot, futures, p2pyesyesSpot: -0.05 to 0.1%. Futures: 0.005 to 0.05%.
MEXCmexc.comyesspot, futures, p2pyesNoSpot: 0 to 0.2%. Futures: 0.014 to 0.06%.
BingXbingx.comyesspot, futures, p2pyesyesSpot: up to 0.1%. Futures: up to 0.045%.
CooperativehTX.comyesspot, futures, p2pNoyesSpot: 0.0097 to 0.2%. Futures: 0.005 to 0.05%.
KuCoin (web3)kucoin.comyesspot, futures, p2pNoyesSpot: -0.005 to 0.1%. Futures: 0.014 to 0.06%.
Gate.io (web3)gate.ioyesspot, futures, p2pNoyesSpot: 0 to 0.2%. Futures: 0 to 0.05%.
Bitget (web3)bitget.comyesspot, futures, p2pyesyesSpot: 0%. Futures: up to 0.05%.
CommEXcommex.comyesspot, futures, p2pNoNoSpot: up to 0.1%. Futures: up to 0.07%.
Coinexcoinex.comyesspot, futuresNoyesSpot: up to 0.2%. Futures: up to 0.05%.
Pionexpionex.comyesspot, futuresyesNoSpot: up to 0.05%. Futures: up to 0.05%.
Phemexphemex.comyesspot, futures, p2pyesyesSpot: up to 0.1%. Futures: up to 0.06%.
Bitruebitrue.comyesspot, futuresNoNoSpot: up to 0.098%. Futures: up to 0.07%.
Cryptorg Exchangecryptorg.ioyesspot, futuresNoNoSpot: up to 0.2%. Futures: up to 0.05%.
A pilltoobit.comyesspot, futuresNoNoSpot: up to 0.2%. Futures: up to 0.06%.
Payeer Exchangepayeer.comyesspotNoNoSpot: 0.095 %
CoinWcoinw.comyesspot, futures, p2pNoNoSpot: up to 0.1%. Futures: up to 0.06%.
Bitforexbitforex.comyesspot, futuresNoNoSpot: 0.1%. Futures: up to 0.06%.
Yobityobit.netyesspotNoNoSpot: 0.2%

Content
  • Best Anonymous Cryptocurrency Exchanges for 2024
  • 1. Bybit Exchange (web3 services)
  • 2. OKX Exchange (web3 services)
  • 3. MEXC Exchange
  • 4. HTX Exchange
  • 5. BingX Exchange
  • 6. KuCoin Exchange (web3 services)
  • 7. Bitget Exchange (web3 services)
  • 8. Gate.io Exchange (web3 services)
  • 19. CommEX Exchange
  • 10. Coinex Exchange
  • 11. Pionex Exchange
  • 12. Exchange Phemex
  • 13. Exchange Cryptorg
  • 14. Exchange Bitrue
  • 15. Payeer Exchange
  • 16. Toobit Exchange
  • 17. Bitforex Exchange
  • 18. CoinW Exchange
  • 19. Yobit Exchange
  • 20. StormGain Exchange
  • 21. p2p-exchange Bitpapa
  • 22. p2p exchange Sky Crypto
  • 23. Garantex Exchange (updated)
  • 24. p2p exchange LocalBitcoins (updated)
  • Why many exchanges require personal data
  • What does identity verification include?
  • What is more important – anonymity or compliance with legal regulations?
  • FAQ
  • Conclusion

Best Anonymous Cryptocurrency Exchanges for 2024​

How did we choose the best anonymous crypto exchanges for the rating?
Experts note that choosing an anonymous crypto exchange requires a careful approach - you should pay attention to the level of security, the ability to use two-factor authentication, anti-phishing code and other security measures. It is important to make sure that the exchange supports the necessary cryptocurrencies and types of trading, has a user-friendly interface. Exchanges with low fees are usually preferable, but this is not the main factor.
Below are some examples of popular crypto exchanges that do not require account verification in a strict manner. In some cases, it is not needed at all, and in some cases, it is only needed to expand withdrawal limits or access new payment methods.

1. Bybit Exchange (web3 services)​

  • web3 support - decentralized exchange, NFT marketplace, staking, IDO
  • Proof-of-Reserves – да
  • Demo account – yes
  • Fiat support - purchase by card, AdvCash, p2p market
  • Trading fees - spot up to 0.1%, futures up to 0.055%
  • Has been operating since 2018
  • Website: bybit.com
On the Bybit cryptocurrency exchange, you only need an email and a mobile phone number to register an account. Mandatory verification has been introduced since May 2023. The platform offers a whole range of bonuses for new users (for registration, subscription to social networks, first deposit), which can be used to trade contracts.
Bybit allows you to anonymously use web3 components including the ApeX derivatives exchange, staking, IDO, and NFT trading.

2. OKX Exchange (web3 services)​

  • web3 support - own blockchain, decentralized exchange, NFT marketplace, DeFi aggregator
  • Proof-of-Reserves – да
  • Demo account – yes
  • Fiat support - purchase from card, p2p market
  • Trading fees - spot up to 0.1%, futures up to 0.05%
  • Has been operating since 2013
  • Website: okx.com
The OKX crypto exchange allows you to use the OKX Wallet and web3 tools without verifying your identity. However, to use centralized services, you will still have to provide information about yourself. Verification is also required to use other exchange services not directly related to trading, such as IEO.

3. MEXC Exchange​

  • Web3 support - no
  • Proof-of-Reserves – да
  • Demo account – yes
  • Fiat support - purchase from card, p2p market
  • Trading fees - spot up to 0.1%, futures up to 0.06%
  • Has been operating since 2018
  • Website: mexc.com
The MEXC exchange is popular as a platform for classic and p2p trading and provides some functions without verification, but to withdraw funds from the account, you will need to confirm your identity. The verification process is standard - you need to indicate your full name, address, passport details, and support this information with photographs of the document.

4. HTX Exchange​

  • Web3 support - no
  • Proof-of-Reserves – да
  • Demo account - no
  • Fiat support - purchase by card, AdvCash, p2p market
  • Trading fees - spot up to 0.2%, futures up to 0.05%
  • Has been operating since 2013
  • Site: huobi.com
The HTX (Huobi) platform allows clients to trade anonymously, but significantly limits the available functionality. If you plan to trade on a p2p platform, you will have to provide at least minimal information about yourself, such as your first name, last name, citizenship, and passport number.

5. BingX Exchange​

  • Web3 support - no
  • Proof-of-Reserves – да
  • Demo account – yes
  • Fiat support - purchase by card, AdvCash, p2p market
  • Trading fees - spot up to 0.1%, futures up to 0.045%
  • Has been operating since 2018
  • Website: bingx.com
The BingX platform allows anonymous trading on both a real and a demo account. It offers many bonuses for new users, subject to completing a number of tasks. The crypto exchange is actively developing and entering into new partnerships, for example, with Chelsea FC. For beginners, there is an Academy, a glossary, and prompt technical support.

6. KuCoin Exchange (web3 services)​

  • web3 support - own blockchain, Halo wallet, NFT market
  • Proof-of-Reserves – да
  • Demo account - no
  • Fiat support - purchase from card, p2p market
  • Trading fees - spot up to 0.1%, futures up to 0.06%
  • Has been operating since 2017
  • Site: kucoin.com
KuCoin applies strict KYC requirements to its clients. Verification is required for those who plan to trade on the crypto market, use fiat money to replenish, and participate in investment programs. However, those who wish can anonymously use the KuCoin decentralized wallet to access web3 ecosystems.

7. Bitget Exchange (web3 services)​

  • web3 support - your wallet, NFT market, AMM
  • Proof-of-Reserves – да
  • Demo account – yes
  • Fiat support - purchase from card, p2p market
  • Trading fees - spot up to 0.1%, futures up to 0.05%
  • Has been operating since 2018
  • Website: bitget.com
Although Bitget has introduced mandatory verification, the decentralized wallet can be accessed without it, and with its help it is possible to anonymously connect to various DeFi protocols, earn there on trading or liquidity mining. The exchange has a user-friendly interface, fully translated into 22 languages.

8. Gate.io Exchange (web3 services)​

  • web3 support - own blockchain, decentralized exchange, "inscriptions", Earn, airdrops, NFT
  • Proof-of-Reserves – да
  • Demo account – yes
  • Fiat support - purchase from card, p2p market
  • Trading fees - spot up to 0.2%, futures up to 0.05%
  • Has been operating since 2013
  • Site: gate.io
Gate.io is another relatively anonymous crypto exchange. Although centralized features require mandatory KYC, decentralized tools can be used without verifying identity. Connection to the ecosystem is possible both through the native wallet and through any third-party web3 wallets, such as Metamask.

9. CommEX Exchange​

  • Web3 support - no
  • Proof-of-Reserves – нет
  • Demo account - no
  • Fiat support - deposit/withdrawal via card, p2p market
  • Trading fees - spot up to 0.1%, futures up to 0.07%
  • In operation since 2023
  • Website: commex.com
The relatively new CommEX exchange is positioned as a replacement for the largest Binance platform for Russians. It provides the ability to deposit cryptocurrency without verification, trade spot and futures, and withdraw up to 2 BTC in total. However, KYC is required to work with fiat.

10. Coinex Exchange​

  • web3 support - own blockchain and wallet, AMM pool
  • Proof-of-Reserves – да
  • Demo account - no
  • Fiat support - purchase with card
  • Trading fees - spot up to 0.2%, futures up to 0.05%
  • Has been operating since 2017
  • Site: coinex.com
Coinex allows you to perform basic trading and investment operations with cryptocurrency without identity verification. The platform has proven itself well - although there was a hack in 2023, users were reimbursed for all losses. The exchange is comfortable for trading and has low fees.

11. Pionex Exchange​

  • Web3 support - no
  • Proof-of-Reserves – нет
  • Demo account – yes
  • Fiat support - purchase with card
  • Trading fees - spot up to 0.1%, futures up to 0.05%
  • Has been operating since 2017
  • Website: pionex.com
The Pionex platform is designed for efficient work with trading bots. The user can set up automatic cryptocurrency trading in a convenient, clear, Russified interface. For each type of bot, there are detailed instructions and guides with tips on launching.

12. Phemex Exchange​

  • web3 support – Phemexia decentralized ecosystem (in the process of launching)
  • Proof-of-Reserves – нет
  • Demo account – yes
  • Fiat support - purchase with card
  • Trading fees - spot up to 0.1%, futures up to 0.05%
  • Has been operating since 2017
  • Website: phemex.com
Phemex is a cryptocurrency exchange that allows you to trade anonymously and withdraw up to 50,000 USDT per day without KYC. It supports all major trading and investment tools - you can earn money on trading, invest in passive income, participate in contests, and receive bonuses.

13. Cryptorg Exchange​

  • Web3 support - no
  • Proof-of-Reserves – нет
  • Demo account - no
  • Fiat support - no
  • Trading fees - spot up to 0.2%, futures up to 0.05%
  • Has been operating since 2017
  • Site: cryptorg.io
Cryptorg is a service with bots for trading cryptocurrency. The platform can be used as an independent exchange, where all bots are available for free. The downside is the lack of fiat methods for depositing/withdrawing. Those who wish can also purchase a tariff plan and connect bots via API to the Binance exchange.

14. Bitrue Stock Exchange​

  • Web3 support - no
  • Proof-of-Reserves – нет
  • Demo account - no
  • Fiat support - purchase with card
  • Trading fees - spot up to 0.098%, futures up to 0.07%
  • Has been operating since 2018
  • Website: bitrue.com
Anonymous exchange Bitrue for trading cryptocurrencies and perpetual contracts also allows you to invest unused cryptocurrency at interest to make it work for you. Other available benefits include low fees (varies depending on the trading pair), bonuses, crypto lending.

15. Payeer Exchange​

  • Web3 support - no
  • Proof-of-Reserves – нет
  • Demo account - no
  • Fiat support – deposit/withdrawal via cards, payment systems
  • Trading fees - spot 0.098%
  • Working since 2019
  • Site: payeer.com
Payeer Exchange is a built-in exchange in the Payeer crypto-fiat wallet . It offers advantages such as low fees, fiat trading pairs, Russian-language chat on the platform, many ways to deposit/withdraw, fast currency exchange within the account. Does not support futures trading or leverage. Verification is not required if you withdraw no more than $999 per day from your account.

16. Toobit Exchange​

  • Web3 support - no
  • Proof-of-Reserves – нет
  • Demo account - no
  • Fiat support - purchase by card, AdvCash
  • Trading fees – spot up to 0.2%, futures up to 0.06%
  • Working since 2022
  • Website: toobit.com
Anonymous crypto exchange Toobit provides functionality for regular trading and copy trading. There are bonuses for users in the Rewards Center, a referral and affiliate program, simplified Lite futures with high leverage. It is possible to make a fiat deposit, but for this you will need to confirm your identity.

17. Bitforex Exchange​

  • web3 support – AMM pool, NFT
  • Proof-of-Reserves – нет
  • Demo account - no
  • Fiat support - purchase with card
  • Trading fees: spot 0.1%, futures up to 0.06%
  • Has been operating since 2018
  • Site: bitforex.com
The Bitforex platform is one of the time-tested services. Over the years of its existence, it has undergone many changes and transformations. It provides the opportunity to conveniently trade spot and futures contracts, providing low commission fees, passive income, crypto loans, and the opportunity to participate in IEO of new projects.

18. CoinW Exchange​

  • Web3 support - no
  • Proof-of-Reserves – нет
  • Demo account - no
  • Fiat support - purchase by card, AdvCash, p2p market
  • Trading fees - spot up to 0.1%, futures up to 0.06%
  • Has been operating since 2017
  • Website: coinw.com
CoinW is an anonymous cryptocurrency platform aimed at active traders and investors around the world. Basic cryptocurrency trading features are available without verification, but KYC is required for those planning to trade p2p or deposit fiat.

19. Yobit Exchange​

  • Web3 support - no
  • Proof-of-Reserves – нет
  • Demo account - no
  • Fiat support – deposit/withdrawal via cards, payment systems
  • Trading fees - spot 0.2%
  • Has been operating since 2014
  • Website: yobit.net
The Yobit exchange does not require verification under any circumstances, all functions are fully available to each registered user. This is one of the reasons for the high popularity of the site, along with a huge number of coins and an investment program for passive income.

20. StormGain Exchange​

  • Web3 support - no
  • Proof-of-Reserves – нет
  • Demo account – yes
  • Fiat support - purchase with card
  • Trading fees - from 0%
  • Working since 2019
  • Website: stormgain.com
On the StormGain exchange, you do not need to confirm your identity and you can work anonymously - trade, replenish your account, withdraw money. You can replenish your account with a bank card (however, rubles are not supported for this purpose).
The exchange entered the crypto market in 2019, but has already built up its audience. Users are attracted by the possibility of spot and futures trading, leverage up to 150x, investment program, demo account.

21. p2p exchange Bitpapa​

  • Supported cryptocurrencies: BTC, ETH, USDT, XMR, TON
  • Website: bitpapa.com
  • Telegram bot: @BitpapaExpressBot
Bitpapa is a p2p platform for trading cryptocurrencies. The account verification mark serves only to inspire more trust in other users. Unverified accounts are not subject to any restrictions or limits on trading, input, output. If you want to confirm your identity, you must send a photo of your identity document to Bitpapa's email, as well as a selfie with the document in expanded form.

22. p2p exchange Sky Crypto​

Sky Crypto is a p2p trading service that allows you to work anonymously. The trading commission is 0.5% when selling and 1% when buying cryptocurrency. It is convenient to use the exchange through bots in Telegram, which provide a quick search for suitable offers and completion of transactions.

23. Garantex Exchange (updated)​

Mandatory verification has been introduced
  • Working since 2019
  • Website: garantex.org
With Garantex, customers can exchange cryptocurrency on the spot market or top up/withdraw money using fiat codes via a p2p platform. A convenient platform that is particularly popular in the Russian Federation (there are physical offices in Russia).

24. p2p exchange LocalBitcoins (updated)​

Out of service since 2023
  • Supported cryptocurrencies: BTC
  • Site: localbitcoins.net
LocalBitcoins is a Finnish P2P exchange, and Finland also tightened its KYC/AML laws in 2019. That's why the platform introduced a new identification system, which allows trading without ID verification only for volumes up to 1,000 euros per year. But even at this level, you still have to provide your real name, country of residence, and confirm your phone number.
The next levels require proof of identity and physical address, which will allow the limits to be increased to €20,000/year (T1), €200,000/year (T2) or removed altogether (T3).

Why do many exchanges require personal data?​

Previously, almost all cryptocurrency exchanges were anonymous, but over time, government agencies became concerned about the problem of fraud and money laundering through this loophole. In 2018, the European Parliament announced a series of measures to combat money laundering in the crypto sphere. In order to continue working, European exchanges had to introduce mandatory registration for those who want to use fiat money or withdraw large amounts daily.
  • KYC (Know Your Customer) is a control measure for identifying the client. Now, if someone is engaged in illegal activity, they will be immediately tracked, because according to the requirements of regulators, all information collected from users is transferred to government agencies upon request.
  • AML (Anti Money Laundering) is a set of measures to combat the legalization of capital obtained through illegal means.
The need to implement such measures arose due to the fact that the blockchain itself does not have similar mechanisms for combating fraudsters.

What does identity verification include?​

Verification on a cryptocurrency exchange can consist of one or more stages, each of which opens up certain opportunities. The main stages that are present in almost all cases are:
  1. Confirmation of mobile phone number. Linking the phone is necessary in case of password recovery or other emergency.
  2. Providing identification documents (passport, ID, driver's license - depends on the country).
  3. A passport photo (selfie) taken at the current moment in time.
  4. Provision of documents confirming registration (extracts from house registers, payment receipts, etc.).
Confirmation takes time. Crypto exchange employees check all applications manually. If any item raises their doubts, they will receive a refusal with a description of the problem. You can usually repeat the application no more than a few times a day. In general, the verification process can take up to a week (and this is another disadvantage for those who need to quickly sell or buy cryptocurrency).

What is more important: anonymity or compliance with legal regulations?​

KYC and AML rules are supposed to prevent illegal funds from flowing into the legal monetary system. However, excessive regulation conflicts with the values of blockchain technology – freedom and anonymity. The crypto community sees this as a direct threat to fundamental principles. As an example, we can cite the well-known exchange service ShapeShift. It resisted the implementation of KYC for a long time, but was finally forced to do so – as a result, the trading volume immediately fell sharply, and some clients chose more anonymous platforms.

Some platforms abuse KYC/AML rules, even freezing users' funds for a long time. Users of the HitBTC cryptocurrency exchange have encountered such unpleasant situations.

On the positive side, KYC/AML definitely increases the level of trust in cryptocurrency both “among the people” and at the institutional level. The procedure also plays a role in protecting against financial theft. For example, employees can suspend a suspicious transaction until the client is identified.

FAQ​

What is an anonymous cryptocurrency exchange?​

This is a crypto trading platform where access to basic functionality does not require identity verification or disclosure of other confidential information.

What actions are available anonymously on exchanges?​

As a rule, with rare exceptions, it is not possible to interact with fiat. That is, the user is allowed to top up the account in cryptocurrency, trade and withdraw it.

What is the advantage of anonymous exchanges?​

There is a lower risk of personal data leakage, for example if the platform is hacked, as well as control by authorities.

What are the disadvantages of anonymity on crypto exchanges?​

Limited set of available functions, lower security.

What anonymous cryptocurrency exchanges are currently operating?​

HTX, MEXC, Phemex, BingX, CoiW, Toobit and others.

What is the best anonymous crypto exchange in 2024?​

Judging by functionality and high liquidity, I would like to highlight HTX, Phemex, BingX, Toobit. Many top exchanges that previously did not require KYC, eventually began to introduce it.

What is the most anonymous crypto exchange?​

For example, Yobit is a platform that does not require KYC even for replenishing an account in fiat. Or independent p2p exchanges, such as Bitpapa.

Conclusion​

Which side to take is up to you. We have provided a list of anonymous cryptocurrency exchanges where you can manage your funds without providing strictly personal information. However, even if KYC is not mandatory on the platform, often unverified users have such severe restrictions that you still have to think about passing the verification.
 
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