A crypto exchange without KYC can sometimes be hard to find.
Nowadays you need to send in your KYC documents as soon as you start buying crypto with credit card for example.
These trading platforms allow you to trade cryptocurrency with no documentation to a certain point.
Three of the exchanges I’ve listed here are instant exchanges, Changelly, SimpleSwap, and ChangeHero.
They work in a very cool way which let you trade crypto and altcoins with out any account or KYC documents.
In this review I’ve listed some of most important features like:
- Supported coins
- Deposit methods
- Trading fees
- Trading interface
Also, you will get to see what the actual interface of the platforms look like.
I suggest that you read through the whole review before you pick your winner.
However, if you are in a hurry, I’ve made an easy to follow comparison table below.
Best Instant Crypto Exchanges compared
How can I Buy and Trade Crypto without KYC?
To find a crypto exchange without KYC can sometimes be problematic if you don’t know where to look.
This review will help you find a good platform that suits your style of trading.
It depends if you want to buy or trade crypto without KYC.
Some platforms have less supported coins but will let you trade on a real trading interface.
Other platforms have massive lists of cryptocurrencies but will not let you trade because the exchange doesn’t have a proper interface.
Whatever you are looking for, this review will cover all your needs.
There are five very good exchanges in this review where you can trade cryptocurrency with no KYC documentation.
Three of these platforms are instant crypto platforms, Changelly, SimpleSwap and ChangeHero.
These exchanges doesn’t have a traditional trading interface with charts, indicators and market orders.
What they do have is a very easy trade mecanism.
They let you trade crypto without KYC and no sign up.
It’s a very fast way of investing in cryptocurrency if you don’t want to waste time going through the registration process.
The two other platforms are Binance and KuCoin.
They are standard centralized exchanges with a real trading interface for crypto day traders and swing traders.
But they will also let you trade cryptocurrency without KYC.
There is however a limit to the withdrawal when you buy or trade crypto with no KYC on these platforms.
But you are still able to trade with no documentation.
Let’s take a deeper look at the top 5 cryptocurrency exchanges with no KYC for 2020.
Changelly Crypto Exchange without KYC
Supported coins on Changelly
Changelly is the first platform on this list where you can trade crypto without KYC.
At the moment this platform is supporting 150+ cryptocurrencies.
That’s a lot of coins for an instant exchange and a very good choise if you are not looking to day trade your crypto.
This is the coin page on Changelly where you can scroll through all the coins and read a little description before you trade.
It can come in very handy for crypto traders who are looking for new coins to trade or just want to refresh the memory a little.
Deposit methods on Changelly
Lucky for us, Changelly accepts Credit Card payments.
But they also accepts Bank transfers, Apple Pay and of course cryptocurrency deposits.
This is why they have become so popular in the cryptocurrency community.
They support all the most common payment methods.
This is quick look at their exchange page where you can swap crypto to crypto or buy cryptocurrency with a credit card.
What’s interesting about Changelly is the fact that they are working together with other exchanges to find the best prices on the market.
They have a trading alorithm that scans other platforms to find the best prices available.
This makes them one of the best exchanges to trade crypto with no KYC.
Just head over to the exchange and choose your favourit altcoin!
Trading fees on Changelly
Another good reason to trade on this platform is the fees.
The standard trading fee on Changelly is 0.25%.
This is very low compared to other platforms that has even less coins.
This is taken from the About pae on the platform where they explain their fixed trading fee of 0.25%.
It’s not only fast to trade crypto on Changelly, it’s cheap aswell.
Depending on how you trade, it will save you a lot of capital on an exchange with low fees.
Especially if you are a very active day trade or if you are trading a lot of size.
Trading interface on Changelly
Since Changelly is an instant cryptocurrency exchange, they have not focused on a trading interface.
This is very common for these types of platforms and they are not made to day trade on.
It’s a much better buy and hold platform where you will find almost any cryptocurrency you need.
Here is a quick look at the exchange page on Changelly.
Just choose the coin you want to exchange and enter your recipient wallet address and click Next.
After this it’s like any other blockchain transcation where you wait between 5-30 minutes.
Considering how fast it is to buy crypto and you can trade crypto without KYC.
Changelly is ranked very high on my list of trading platforms
Changelly doesn’t have all the features that standard trading platforms has.
This is the only weak part of this exchange, otherwise it’s amazing.
There is no need to sign up, you can trade cryptocurrency with no KYC and there are lots of coins to choose from.
I’ve been happy so far on Changelly and my portfolio has grown a lot from picking the right smaller coins.
If you would like to trade on Changelly, click here to visit the exchange.
|No KYC||Doesn’t support many fiat currencies|
|Credit Card and Bank Transfer||No trading interface|
|Plenty of coins|
KuCoin Trade Crypto without KYC
Supported coins on KuCoin
KuCoin is the first centralized platform on this list where you can trade crypto without KYC.
They support trading in 250+ coins.
There is a coin page where you can search for any altcoin you might be looking for.
I can almost always find what I’m looking for here.
The deal with KuCoin is that you can’t withdraw more than 2 btc per day to trade with no KYC.
After that you need to file document
So this is the only drawback.
Otherwise you are free to trade on with good charting packages and a lot of coins.
Deposit methods on KuCoin
KuCoin supports these payment options:
- Credit Card
Here is the credit card payment page.
They have the same payment vendor as Changelly actually.
Another trust factor for KuCoin.
To purchase crypto with credit card is just as any other online payment.
You choose the coin and the amount you want to buy.
Then fill in your card details and you are good to go!
Trading fees on KuCoin
The basic trading fee on KuCoin is 0.10%
This is a very good reason to trade crypto on this platform.
If you are a cryptocurrency day trader, you need to find a platform with low fees.
There is also an oportunity to lower your fees on KuCoin.
If you increase your monthly trade volume, your fees gets reduced.
Also if you hold their native cryptocurrency KCS you will get reduced trading fees.
Huge advantages for crypto traders who are trading big sizes.
Trading interface on KuCoin
KuCoin is a crypto exchange without KYC but they also have really good trading interfaces.
You have the option to choose between Lite and Pro.
Lite is for beginner cryptocurrency traders and Pro is for more advanced traders.
Here is a quick look at the Lite interface.
It has all the tools a beginner needs.
Long and Short market orders to the right.
Leverage if you feel to have a little extra push.
The chart is very nice and super responsive.
Here is a snapshot of the Pro trading interface.
This is another beast.
Here you have full support for crypto day trading.
Order books plus trade history to trade order flow and all indicators you can think about.
The charts are from Tradingview.
The order selection is also better and you can choose between limit, market and stop orders.
You will also be able to see your profits and losses in real time in your position tab.
Trade history is also available if you need to analyze your trades at the end of the day.
Thanks to KuCoin I’ve found many exotic altcoins that I couldn’t find on any other centralized platform.
This combined with the possibility of a very good trading interface and low fees makes them very competitive.
To be able to deposit funds with a credit card is just the icing on the cake here and I like it a lot.
I’ve had a very good return with leverage on KuCoin the last few months.
If you would like to trade on KuCoin, click here to visit the exchange.
|No KYC||Longer signup process|
|Advanced trading interfaces|
|Option to short|
|Massive list of coins|
SimpleSwap Cryptocurrency Exchange without KYC
Supported coins on SimpleSwap
SimpleSwap is an instant cryptocurrency exchange without KYC and supports trading in 300+ coins.
This is pretty amazing and I’m very impressed.
SimpleSwap has a coin page where you can look for your favourit altcoins.
Trust me, there won’t be many coins you need that’s not on this list.
Since this is not a normal centralized platform there is no need to sign up for an account.
This makes trading very quick and you can start exchangin coins in an instant.
To have this many cryptocurrencies to choose from and instant access is a huge advantage.
Sometimes you need to invest in a ceratin cryptocurrency right now because the market is moving.
Deposit methods on SimpleSwap
The only small downside to SimpleSwap is that they only accept cryptocurrency to cryptocurrency trades.
This is not a big problem if you are used to transacting on the blockchain.
This is a quick desciption about the trade process on SimpleSwap.
This is very quickly done in reality and you will be very happy with the functionality.
So unless you want to deposit with a credit card or bank transfer, it’s very fast and easy.
Trading fees on SimpleSwap
SimpleSwap is an instant crypto exchange without KYC and doesn’t have any trading fees at all.
They make it work by trading with a lot of different platforms and when the transaction is made with a better than expected price, they make a small profit.
This explains the 0% comission.
Here is an image of their platform partners.
As you can see, they are operating together with some of the biggest names out there.
When ever their trading algorithm can find a better than expected price, they make a profit.
Trading interface on SimpleSwap
This instant platform doesn’t have a interface either.
It’s not made to be a day trading platform.
This platform is providing hundreds of altcoins and let’s you invest long term or swap crypto with 0% fees.
Here is a quick look at the transaction page.
Select the altcoin you want to trade and then enter the recipient address.
In this example I’ve chosen to trade Btc to DigiByte.
It could not be easier than this and thats why I use this platform.
If you want to trade 300+ cryptocurrencies without KYC then SimpleSwap is your choice.
This crypto exchange without KYC makes trading easy, with 0 fees.
That’s pretty amazing and a huge benefit when you are choosing platform.
I’ve invested in a lot of new coins on SimpleSwap before they were recognized by other traditional platforms.
This has made me a lot of money because I was early.
If you would like to trade on SimpleSwap, click here to visit the exchange.
|No KYC||No fiat payment|
|0% trading fee|
|Massive list of coins|
Binance Trade Cryptocurrency without KYC
Supported coins on Binance
Binance is the second centralized crypto exchange without KYC and they support over 180 coins.
This is a blog post from Binance that confirms 184 coins at the time of writing, 31 December 2019.
I’m pretty sure this list has grown since then and I will keep a look out for the next update.
Anyhow, it’s an impressive list of coins for a centralized platform.
Deposit methods on Binance
On Binance you can choose to deposit funds between these options:
- Credit Card
- Bank Transfer
Having the option to purchase crypto with credit card is very good because it’s so easy and fast.
To buy cryptocurrency with credit card on Binance, all you need to do is over the Buy Crypto button in the upper left corner and click Credit / debit card.
Then this window will pop up and from here it’s very straight forward.
Choose the coin and amount.
Then click Buy.
The next is like any online card payment.
Trading fees on Binance
Basic trading fee on Binance is 0.10%.
This is when you are not trading on the BNB market.
Keep in mind that you are a market taker if are using market orders.
This is because you are taking orders from the order book.
If you are using limit orders you are a market maker.
If you trade the BNB market your fee is reduced by 25% instantly.
Now the basic trading fee is down to 0.075%.
To go even lower, the only thing you need to do is increase your monthly trading volume.
So, if you are an active crypto day trader and likes to trade a lot of size, you have to choose Binance.
You will practically trade with almost 0 fees.
Trading interface on Binance
Binance is a cryptocurrency exchange without KYC and they also have a professional trading interface.
You have two interfaces to choose between, Classic and Advanced.
This is what the Classic interface looks like.
It’s a very good interface fro beginner crypto traders.
There are pre set indicators, limit, market and stop-limit orders.
Full order book and trade history if you like to use order flow strategies.
You can go as far as 1 min on this chart if you like.
In the top right corner you can change market in an instant if you see something happening in another altcoin.
This is a quick look of the Advanced trading interface.
This interface is more focus on crypto day trading.
The order book is bunched up together with the order selection in the top right corner.
You have even more indicators which you might need on a higher level.
They have also added open orders for you to see all your open positions while you trade.
This interface is more suited for experienced traders.
Binance is the second centralized cryptocurrency exchange without KYC on this list.
It is one of the platforms with best reputation out of all.
On Binance you can also trade your altcoins with leverage if you are ready for that.
Personally I’ve made most of my money on Binance through leverage trading.
If you would like to trade on Binance, click here to visit the exchange.
|No KYC||Longer signup process|
|All payment options|
|Advanced trading interfaces|
|Very low trading fees|
|Option to short many altcoins|
|Very good reputation|
ChangeHero Crypto Exchange without KYC
Supported coins on ChangeHero
ChangeHero supports trading in 100+ cryptocurrencies.
This is a snapshot from the coin list on the platform.
Here you will find a lot of altcoins you won’t find on other platofrms.
What I really like about ChangeHero is the functionality.
It’s very easy to navigate and it works perfectly.
Deposit methods on ChangeHero
The same as Changelly, this instant crypto exchange without KYC allows you to buy crypto with credit card.
This is what the trade feature looks like and it’s super easy to use.
Very straight forward and nothing can go wrong.
You can of course swap cryptocurrencies only if you prefer that.
Trading fees on ChangeHero
Trading Fees on ChangeHero is only 0.50%.
This is another platform where you don’t have to worry about fees eating you up.
They are operatin like any other isntant platform.
They have price algorithm that scans other exchanges to give you the best prices available on the market.
This is one of the reasons why they can provide such a good service at a very low price.
Trading interface on ChangeHero
ChangeHero doesn’t have a fully developed interface, but that’s ok.
The trade feature on this exchange is so easy to use I could not ask for more from an instant platform.
There is no signup, so you can head over to the platform and start exchanging cryptocirrencies straight away.
The trade function sits on the first page and you can’t go wrong here.
But with credit card or swap between cryptos if you like.
It can’t get any more easy than swapping coins on Changehero.
Don’t take this as something that’s only suitable for beginner traders.
Many of the biger traders I know are using ChangeHero for their swaps and long term holds.
In fact, one of my biggest and best investments this year was on ChangeHero.
If you would like to trade on ChangeHero, click here to visit the exchange.
|No KYC||Not a huge list of coins|
|Credit / Debit Card option|
|Very low trading fee|
This review will help you find the best crypto exchange without KYC for your style of trading.
Trade or buy crypto with no KYC documents.
The exchanges have different functionalities.
Some have better trading interfaces and some have more cryptocurrencies.
Read the compare table at the top or go through the review to see which platform suits you best.
Binance does not require KYC if you withdraw less than 2 Bitcoin per day.
No. You can trade crypto with no KYC on ByBit.