12 Best No KYC Crypto Exchanges in 2024

Do you want to trade crypto without giving away your personal info? Today, we will show you the top 12 No KYC crypto exchanges, explain their advantages and restrictions, and what KYC actually is.

Overview of the best Best No KYC Crypto Exchanges

What is the best No KYC Exchange?

Here are the best No KYC exchanges in the market:

• МЕХС
• CoinEx
• Bybit
• PrimeXBT
• Bisq
• Hodl Hodl
• Uniswap
• PancakeSwap
• SimpleSwap
• Changelle
• TradeOgre
• Pionex

MEXC

• Trading Fees: Spot and Futures: Maker: 0.000%; Taker: 0.020%
• Coins: Over 2,300 coins

• Can you buy crypto with a card? Via Debit/Credit Card through third-parties
• Who is it suitable for: All kinds of investors, including advanced ones and passive investors
• Location restrictions: North Korea, Cuba, Sudan, Syria, Iran, Crimea, Mainland China, Indonesia, Singapore, Venezuela, the United States, and Canada.

No KYC Features

• Spot, margin, and futures trading without KYC; deposits and withdrawals (up to a limit)

Features

• Wide range of coins: MECX supports over 2,300 cryptocurrencies to trade.
• Low fees: MEXC offers very low trading fees on spot trading. 
• Security: Established exchange with security record.
• Trade types: MEXC offers spot, futures, and margin trading on several coins

Fees

Spot and Futures: Maker: 0.000%; Taker: 0.020%

Pros and cons

Here are the pros and cons to trading on MEXC.

Pros:

• Wide range of markets

• Usability
• Established exchange in the market
• Payment methods, including crypto/debit card

Cons:

• Some countries restricted like the US and Canada

CoinEx

• Trading Fees: Up to 0.2% on spot trading
• Coins: Over 500 coins

• Can you buy crypto with a card? Yes, through third-party parties
• Who is it suitable for: All kinds of investors
• Location restrictions: China, the United States, and the province of Alberta, Canada

No KYC Features

• Spot and futures trading without KYC; deposits and withdrawals (up to a limit) without KYC

Features

• Wide range of assets: Over 700 cryptocurrencies available
• Trades: Futures trading beside spot markets
• Other services: Beyond trading, CoinEx offers services like crypto loans
• Usability: Easy-to-use platform

Fees

Up to 0.2% on spot trading.

Pros and cons

Here are the pros and cons to trading on CoinEx.

Pros:

• Wide range of coins
• Several transaction types (including Futures trading)
• More crypto services (e.g., loans)

Cons:

• Not available for US customers

Bybit

• Trading Fees: Up to 0.1% on spot trading; up to 0.055% on perpetual and futures contracts
• Coins: Over 400 coin
• Can you buy crypto with a card? Yes
• Who is it suitable for: Intermediate to advanced of investors
• Location restrictions: US, UK, mainland China, Singapore, Canada, North Korea, Cuba, Iran, Uzbekistan, and Russian-controlled regions of Ukraine

No KYC Features

• Only crypto withdrawals (Daily Limit ≤20K USDT; Monthly Limit ≤100K USDT)

Features

• Trading: From spot trading to derivatives
• More options: Bybit offers more services than other exchanges like ETP trading, trading bot, and OTC trading
• Earn: Earn crypto rewards while Bybit also offers crypto loans
• Card: Bybit offers a crypto card for purchases

Fees

Up to 0.1% on spot trading.

Pros and cons

Here are the pros and cons to trading on Bybit.

Pros:

• A lot of trading options
• Futures and derivatives trading
• Interest-earning vehicles
• Crypto card for payments

Cons:

• Restricted in main crypto economies like the US, the UK, China, and Canada
• Not many operations available for non-KYC users

PrimeXBT

• Trading Fees: 0.02% on crypto futures
• Coins: Top market cap cryptocurrencies (over 35 assets)
• Can you buy crypto with a card? Yes, through third-parties
• Who is it suitable for: Investors looking to trade only top cryptocurrencies and with high leverage
• Location restrictions: US (including islands), Algeria, American Samoa, Cuba, Ecuador, Iran, Israel, Japan, Myanmar, North Korea, Russian Federation, Sudan, Syria, Saint Vincent and the Grenadines, and New Zealand

No KYC Features

• Trading and other operations (up to certain limits)

Features

• Focus on leveraged trading
• Liquidity across markets for top cryptocurrencies
• Other features like copy trading  
• More assets available for future trading like Forex, commodities, and indices

Fees

Up to 0.02% on crypto futures

Pros and cons

Here are the pros and cons to trading on PrimeXBT.

Pros:

• A lot of options for leveraged trading
• Focused on top coins, aiming for more liquidity in these markets
• More assets available beyond crypto like Forex, Indices, and commodities
• A lot of leverage options for Bitcoin trading

Cons:

• Fewer coins supported than other options

Bisq

• Trading Fees: 1.3% (0.15% by maker and 1.15% by taker) for BTC;  0.65% (0.075% by maker and 0.575% by taker for BSQ
• Coins: Mostly Bitcoin
• Can you buy crypto with a card? No
• Who is it suitable for: Bitcoin investors
• Location restrictions: None

No KYC Features

• All operations (including Bitcoin trading)

Features

• Focus on Bitcoin trading
• Decentralized exchange with open source code base and full privacy to users
• No identity required for trading
• DAO-based governance

Fees

• 1.3% (0.15% by maker and 1.15% by taker) for BTC  
• 0.65% (0.075% by maker and 0.575% by taker for BSQ (Bisq’s native token)

Pros and cons

Here are the pros and cons to trading on Bisq.

Pros:

• Decentralized exchange offering full control to users
• Bitcoin focus, with a roadmap to improve the platform
• Privacy and anonymity (availability across countries)
• DAO-based governance

Cons:

• Bitcoin focused

Hodl Hodl

• Trading Fees: 0.5% to 0.6%
• Coins: Only Bitcoin
• Can you buy crypto with a card? No
• Who is it suitable for: People who want to buy Bitcoin in a peer-to-peer marketplace
• Location restrictions: None

No KYC Features

• Bitcoin buying and selling

Features

• Focus on Bitcoin trading
• Peer-to-peer marketplace offering privacy
• P2P lending option (stablecoins) to earn interest available
• No identity required for buying and selling

Fees

Trading fee of 0.5% to 0.6%

Pros and cons

Here are the pros and cons to trading on Hodl Hodl.

Pros:

• Bitcoin focused peer-to-peer marketplace
• Lending option available
• Available across countries

Cons:

• Only Bitcoin focused
• Issues related to peer-to-peer marketplaces

Uniswap

• Trading Fees: 0.3%
• Coins: 600+ cryptocurrencies
• Can you buy crypto with a card? Yes
• Who is it suitable for: All types of investors, Ethereum gem hunters
• Location restrictions: Belarus, Cuba, Iran, North Korea, Syria, Ivory Coast, Liberia, Sudan, Zimbabwe, Iraq, and Iran.

No KYC Features

All features due to being a DEX

Features

Here are the main features of Uniswap:

• Swap thousands of tokens with great usability 
• Trading, earning, liquidity pools, and NFTs available
• High liquidity across markets
• Community-led governance through the UNI token

Fees

Trading Fees: 0.3%; 

Liquidity providers: 0.05%, 0.30%, and 1% 

Pros and cons

Here are the pros and cons to trading on Uniswap.

Pros:

• Leading Ethereum-based DEX in the world

• Trade thousands of cryptocurrencies
• High security
• Liquidity pools and NFTs available
• The UNI token
• User-friendly platform

Cons:

• Beginner investors don’t have as much access due to high Ethereum gas fees 
• Only Ethereum-focused

PancakeSwap

• Fees: 0.02% for makers and 0.07% for takers
• Coins: Over 2,000 tokens (focus on BSC coins)
• Can you buy crypto with a card? Yes, through third-parties
• Who is it suitable for: Binance ecosystem gem hunters
• Location restrictions: Cuba, Iran, Zimbabwe, Iraq, Crimea, Syria, Sudan, Belarus and the Democratic Republic of Congo.

No KYC Features

All features due to being a DEX

Features

Here are the main features of PancakeSwap:

• Many trading options, from leverage trading to staking
• Support for NFTs
• Thousands of coins available
• Low costs
• Leading native token (CAKE) and community

Fees

Fees: 0.02% for makers and 0.07% for takers

Pros and cons

Here are the pros and cons to trading on PancakeSwap

Pros:

• A DEX offering many trading options
• Thousands of assets available with high liquidity
• Low trading costs
• High reliability
• Community-led governance

Cons:

• Only BEP-20 coins supported

SimpleSwap

• Trading Fees: 1.21% floating rate
• Coins: Over 1,500 cryptocurrencies
• Can you buy crypto with a card? Yes, via a third-party provider
• Who is it suitable for: Beginner investors
• Location restrictions: China, Bangladesh, Colombia, Cuba, Morocco, Pakistan, Saudi Arabia and Venezuela, Japan, and the US

No KYC Features

• Trading

Features

• Wide range of cryptocurrencies
• Simple usability to convert cryptocurrencies
• No identity required to operate

Fees

  Trading Fees: 1.21% floating rate ; 4.95% on fiat deposits 

Pros and cons

Here are the pros and cons to trading on SimpleSwap:

Pros:

• Simple to use
• A lot of cryptocurrencies available
• No identity required to convert

Cons:

• Lack of other trading options (e.g., leverage)
• Not available in key crypto markets

Changelly

• Trading Fees: 0.25% trading fee + withdrawal fees (rate depends on the coin)
• Coins: Over 150 cryptocurrencies
• Can you buy crypto with a card? Yes (Mastercard/Visa)
• Who is it suitable for: Beginner investors
• Location restrictions: Cuba, Iran, North Korea, Crimea, Sudan, Syria, the US, US Virgin Islands, Bangladesh, and Bolivia.

No KYC Features

• Most features (including trading), excluding FIAT-to-crypto purchases

Features

• Fast and secure way to exchange cryptocurrencies
• Cheap way to buy crypto
• Great usability 
• DeFi options
• Business features (API integrations)

Fees

0.25% trading fee + withdrawal fees (rate depends on the coin)

4% fee for FIAT-to-crypto purchases

Pros and cons

Here are the pros and cons to trading on Changelly:

Pros:

• Simple to use
• No identity required to exchange cryptocurrencies
• DeFi-ready with prices from 100+ decentralized exchanges

Cons:

• Not available in the US
• No pro trading features (e.g., transaction types, margin trading)

TradeOgre

• Trading Fees: 0.2% trading fee
• Coins: Over 150 cryptocurrencies
• Can you buy crypto with a card? No
• Who is it suitable for: Investors looking for privacy coins
• Location restrictions: None

No KYC Features

• All operations including trading

Features

• BTC, USDT, and LTC markets available
• Low trading fees
• Decentralized exchange 

Fees

0.2% trading fee

Pros and cons

Here are the pros and cons to trading on TradeOgre:

Pros:

• Non-KYC decentralized exchange for some crypto markets
• Available across countries

Cons:

• Lack of usability
• Not enough coins supported
• No pro trading features (e.g., transaction types, margin trading)

Pionex

• Trading Fees: 0.05% (spot), 0.1% (leveraged tokens), and up to 0.05% (Futures)
• Coins: Over 379 cryptocurrencies
• Can you buy crypto with a card? Yes
• Who is it suitable for: Beginners and professional investors
• Location restrictions: US (have to use Pionex.us) and other countries

No KYC Features

• Trading

Features

• Several transaction types available
• Hundreds of coins supported
• Low trading fees
• More products (e.g., loans, earning vehicles, rebates) 

Fees

0.05% (spot), 0.1% (leveraged tokens), and up to 0.05% (Futures)

Pros and cons

Here are the pros and cons to trading on Pionex:

Pros:

• Several cryptocurrencies available 
• Many trading options available, from spot to margin trading
• Earning vehicles
• Buying crypto with card/bank transfer
• Many products, from earning to crypto loans
• Low trading fees

Cons:

• Can be complex for beginner investors
• US customers have to use Pionex.us

Do I have to report my transactions on no KYC crypto exchanges?

Depending on the crypto tax code in your country, you may need to determine the gains/losses on your crypto trades, regardless of the exchange where you traded on. This applies to countries like the US whether you traded on a centralized, decentralized, or Non-KYC exchange. 

What is KYC?

KYC refers to Know-Your-Customer, a series of procedures for companies to know more about the people they are serving in efforts to reduce illicit activities, from money laundering to financing terrorism.

Why use a non-KYC exchange?

The appeal of a non-KYC exchange relies on investors having the ability to remain private and anonymous while using a crypto service like an exchange.

Are non-KYC exchanges safe?

Non-KYC exchanges, especially decentralized exchanges offer a safe way for investors to conduct crypto transactions based on their decentralized technology. However, there are cases of players, offering no KYC, that may not be the most trustworthy options. 

Will the government crackdown on non-KYC exchanges?

The government can target non-KYC exchanges as more regulations and new laws are passed to track crypto investors across countries, from the US to the EU. More established exchanges are instituting KYC requirements to safeguard investors and protect themselves from a potential government action. This trend could apply, over time, to exchanges that currently don’t have KYC processes.

Conclusion on the Best Non KYC Exchange?

Non-KYC exchanges offer privacy and anonymity for investors looking to trade crypto, from spot to leveraged markets. The best No KYC crypto exchanges offer a lot of trading options and security while remaining decentralized at nature, including Uniswap, Pionex, PancakeSwap, MEXC, and ByBit. CoinTracking can help investors track all of their trades from No KYC exchanges and more options (e.g., centralized, decentralized, and KYC exchanges).