One of the best things about crypto is anonymity, although it is becoming harder and harder to maintain as the industry progresses.

With respect to a trading platform’s security and protection against hackers, it really makes no difference whether there is any KYC or not. It has its purposes, sure, such as preventing money laundering and tracing lost funds to user wallets, BUT it doesn’t prevent user funds from being lost in the first place and it certainly does not protect a user’s privacy.

If your in search of crypto exchange that doesn’t require you go through a lengthy and invasive KYC verification process, then check out these listed below. Not only do they not require KYC, but they are simply excellent trading platforms irrespectively.

1. Binance

Binance is probably the most well-known and widely trusted crypto-crypto exchange, founded in 2017. It’s benefits include:

• A vast range of crypto assets with 476 available markets
• Low fees at 0.1% + an extra 25% for using the BNB token - which brings it down to 0.075%
• Basic and advanced UI options, with light and dark display options
• Robust security and with multi-tier & multi-cluster system architecture
• High liquidity - consistently ranked in the top positions on CMC.
• Fast and high-performance platform.
• 24/7 customer support.
• No KYC - to set up an account and withdrawals less than 2 BTC p/day.

Learn more: https://binance.com

2. BiBox

BiBox is an AI-enhanced and encrypted crypto-crypto exchange with advanced trading strategies, also founded in 2017. Its benefits include:

• Features margin trading, long an short positions with up to 3x leverage (available on all assets).
• A good selection and variety of coins with 176 available markets.
• High liquidity
• Low fees of 0.1% + an extra 50% off for using the native BIX token - which brings it down to 0.025%.
• Fast & smooth operation - memory matching system
• Robust security - safe use of microservices splitting design & AI for smart token and trading management.
• 24/7 customer support.
• No KYC at the introductory level and on withdrawals less than 2 BTC p/day.

Learn more: https://bibox.com

3. PrimeXBT

PrimeXBT is an intuitive and high performance, bitcoin-based margin trading platform, founded in 2018. Its benefits include:

• The crypto industry’s highest leverage of up to 100x (available on all assets) + long and short positions.
• Major crypto assets include: BTC, ETH, EOS, LTC, & XRP.
• Traditional financial instruments in forex, commodities, and stock indices - with up to 1000x leverage (recently added).
• Ultra user-friendly and highly customizable UI.
• High liquidity - aggregated in real-time from 12 different top exchanges + fast-reliable order execution.
• Lowest fees at 0.05%
• Robust, multi-level security mechanisms + 24/7 customer support.
• No KYC + no minimum deposit or max withdrawals.

Learn more: https://primexbt.com

4. KuCoin

KuCoin is a popular and one of the most easy-to-use crypto-crypto exchanges, founded in 2017. It’s benefits include:

• An extensive range of crypto assets with up to 408 markets and the highest number of NEO pairs.
• High liquidity
• Low fees at 0.1%
• Smooth and user-friendly UI
• Fast acting with real-time market data
• Robust multi-level security system
• 24/7 customer support
• There is a KYC and AML - but it’s not complusory and can be skipped past. Not required for withdrawal less than 2 BTC p/day.

Learn more: https://KuCoin.com

5. BitMEX

BitMEX was the first P2P crypto margin trading platform to offer as much leverage as 100x to Bitcoin, founded in 2014. Its benefits include:

• Leverage of up to 100x (available on Bitcoin only), 50x leverage on ETH, 33.3x LTC, 20x on BCH, ADA, XRP, & EOS + long and short positions.
• Some of the crypto indutry’s highest Bitcoin liquidity
• Low fees at 0.075% on XBT, and 0.25% on all other assets/trades.
• Robust security system and procedures
• Advanced order types and features
• No KYC + no minimum deposit or max withdrawals.

Learn more: https://bitmex.com

. . .

Each of these carefully selected trading platforms features its own unique advantage and strengths when compared to the other. Ultimately, a trader’s choice will depend on their trading style, the available assets they enjoy trading, and personal preference with respect to fees, platform features, etc.

I hope this short list helps you on your way to a fruitful and anonymous trading career, or hobby.