10 Best Non KYC Crypto Exchanges for 2024

Prioritizing anonymity in the crypto market is key when it comes to buying and trading assets. This is why investors and crypto users tend to go with exchanges that let them buy crypto with no KYC or even the ones that don’t require opening an account.

In this article, we’ll delve into the top non KYC crypto exchanges, highlighting their features, advantages, and why they stand out as attractive options for those looking to trade cryptocurrencies with a greater degree of anonymity.

The Top Crypto Exchanges Without KYC Ranked

  1. Margex No KYC platform with up to 100x leverage on futures and copy trading.
  2. KCEX – 0% spot trading fees on this leading exchange with wide range of future contracts.
  3. Exodus – Popular non-custodial wallet supporting 300+ cryptos with easy swaps and staking rewards.
  4. BingX — Comprehensive crypto exchange with 8000+ elite traders and over 130 million total orders.
  5. Changelly — One of the oldest crypto exchanges where you can trade without an account.
  6. ChangeNOW – A non-custodial crypto exchange emphasizing security with over 450 cryptos.
  7. SwitchereInstantly buy over 17 cryptocurrencies with a card or a SEPA transfer.
  8. Best Wallet — Best non-custodial multi-chain wallet and no KYC exchange.
  9. Phemex — A centralized crypto exchange that offers crypto spot trading and margin trading.
  10. CoinEx — Spot trading and futures trading without identification requirements. 

The Best Non KYC Crypto Exchanges Reviewed 

Let’s explore the best non-KYC crypto exchanges in 2024 in greater detail:

1. Margex – No KYC Platform With up to 100x Leverage

Margex is one of the most popular crypto exchanges without KYC offering a blend of high-leverage options, strong security measures, and user-friendly features catering to many traders. It provides up to 100x leverage on crypto futures for those looking to multiply their trading returns. But it’s important to know that this also comes with more risk.

The platform uses the latest protocols to safeguard users’ assets and data. It has an MP Shield System designed to protect against price manipulation by ensuring optimal prices and liquidity from a diverse pool of providers. 

margex signup

The platform offers a copy trading feature alongside staking options, with competitive annual percentage yields on cryptos like USDC and ETH for passive income generation. It also offers demo accounts for beginners, allowing new traders to familiarize themselves with the platform’s features without financial risk.

Our Margex review found that deposits can also be conveniently made using Visa or Mastercard, ensuring easy access to the platform’s trading services.


  • Offers up to 100x leverage on futures.
  • Strong security with MP Shield System.
  • Features demo accounts and copy trading.


  • High leverage can also increase the risk significantly.

No KYC features No KYC required for account creation or trading.
Spot trading fees Maker fee: 0.019%, Taker fee: 0.06%
Can you buy crypto with a card? Yes, through third-party providers.
Additional features Up to 100x leverage, MP Shield System for price manipulation protection, demo accounts, copy trading, and staking options.

2. KCEX — Altcoin Futures and Derivatives Exchange with 0% Spot Trading Fees.

Launched in 2021, KCEX has already established itself as a leading no KYC exchange with a focus on advanced trading options. The platform has a wide range of futures, from leading cryptocurrencies such as Bitcoin and Ethereum to low-cap altcoin futures like WIFUSDT perpetuals.

The exchange has recently reduced the spot trading fees to 0% indefinitely, making it one of the lowest fee platforms on our list. However, it does not support fiat currencies or buying crypto with a card, so you’ll need to transfer crypto to the exchange to trade on it.

KCEX Net Deposit and Trading Volume rewards

Newly listed future pairs will have 0 fees for the first 7 days after listing. After that, users can enjoy a 0% maker fee and 0.02% taker fee on all futures trading pairs.

New signups can receive up to $9,800 in rewards for completing different tasks and reaching certain trading volumes. All rewards will be in the form of future bonuses.

Notably, the platform is license in the US and Canada which is useful if you’re looking for a crypto exchange without SSN verification.


  • Offers futures (up to 100x) and derivatives
  • Sign up reward
  • 0% spot trading fee
  • Licensed in the US and Canada


  • No fiat support

No KYC features No KYC required for account creation or trading.
Spot trading fees 0%
Can you buy crypto with a card? No
Additional features Altcoin futures, airdrops, sign-up bonuses, low fees

3. Exodus – Popular Non-custodial Wallet Supporting 300+ Cryptos

Exodus is a popular crypto wallet that lets users manage, send, receive, and swap cryptos without going through a KYC check. This is great for people who want to maintain their privacy while making peer-to-peer crypto transactions.

The wallet works like an exchange and offers over 300 cryptos, including Bitcoin and Ethereum. The platform’s interface is also quite intuitive for beginners as well as experienced users.

Exodus lets you easily swap cryptos right inside the wallet with the help of third-party partners. Although this convenience comes with a small fee, it makes exchanging cryptos simpler without leaving the app.

Exodus Wallet homepage

Users can also stake popular cryptos like Cardano, Solana, and Algorand to earn passive income. The built-in staking feature provides an easy way to participate in these Proof-of-Stake networks and earn passive rewards.

Exodus also has a built-in NFT gallery, allowing users to store, display, and trade NFTs, especially those on the Solana and Ethereum blockchains. This makes it a complete tool for managing both cryptos and digital collectibles.


  • No KYC required
  • Supports 300+ cryptos
  • Built-in NFT gallery


  • Lacks advanced security features

No KYC features No KYC is required for account creation or trading.
Spot trading fees Depends on third-party
Can you buy crypto with a card? Yes
Additional features Built-in NFT gallery

4. BingX- Popular No-KYC Exchange With Demo and Copy Trading

Established in 2018 in Singapore, BingX is used by 5 million customers in over 100 countries. It’s the best non KYC crypto exchange suitable for both new investors and seasoned traders with a variety of tools such as charting tools, live order books, multiple order types, and grid trading bots.

Traders can start using the platform right away with no verification. However, for unverified accounts, the withdrawal limits are up to $50,000 within a 24-hour period.

BingX caters to beginners with demo trading and copy trading options. Users can try out trades in a risk-free environment to learn crypto trading or copy the orders of other investors.

The platform offers competitive fees of 0.1% per trade. It also boasts an impressive security reputation with independently audited proof of reserves and several security audits from Certik and SlowMist.


  • Grid trading options.
  • 24/7 customer support.
  • Features demo accounts and copy trading.


  • Limit on withdrawals without verification.

No KYC features No KYC required for account creation or trading. Limit on withdrawal amount without verification.
Spot trading fees 0.1%
Can you buy crypto with a card? Yes
Additional features Futures, grid trading, demo accounts, copy trading, staking options​.

5. Changelly — Leading Crypto Exchange Where You Can Quickly Swap Crypto Coins Without Signing Up

Changelly is the oldest crypto exchange without ID verification, founded in 2015. It started by offering direct crypto purchases with a credit card, but it now offers selling crypto and DeFi swaps on BNB Smar Chain and Ethereum blockchain and its layer 2s.

To buy crypto with fiat, you can use a card that goes through MoonPay, Simplex, or Wert, or you can buy crypto with Apple Pay or PIX. You can also swap between multiple currencies from different blockchains. For example, you can exchange Bitcoin for Ethereum or Solana.

Its notable feature is the crypto offramp, meaning you can sell your crypto for fiat currency and get it in your bank account. This is done via Mercuryo, though. To use this feature, you have to pass a KYC with Mercuryo, not with Changelly.

If you haven’t done KYC with Mercuryo before, the crypto offramp feature may not be useful to you, given you can go through KYC with other exchanges like Kraken or Binance and get cheaper quotes on swapping and withdrawing your crypto and fiat.


  • Buy crypto with fiat.
  • Sell crypto for fiat.
  • Exchange multi-chain tokens.
  • DeFi exchange.


  • Crypto offramp via Mercuryo and requires KYC.
  • Higher exchange rates than other CEXs and DEXs.

No KYC features Exchange and swapping crypto
Swap fees 0.25% exchange fee, purchasing crypto depends on the third-party service you use
Can you buy crypto with a card? Yes via MoonPay, Simplex or Wert, or with Apple Pay
Additional features None

6. ChangeNOW – No KYC Crypto Exchange With High Security & Competitive Fees

ChangeNOW is the best crypto exchange without KYC focusing on user security and privacy. It is primarily a no-KYC exchange, but it is necessary in two situations: if the exchange sum is substantial and if their risk management system flags the transaction as suspicious.

The platform supports many cryptos, with over 450 available for trading, including popular options like Bitcoin, Ethereum, etc. Its partnership with leading industry players such as Binance, Trezor, and Ledger further highlights its credibility.

Transparent and competitive fee structure, adapting to market conditions to offer the best rates to its users. Despite a fee slightly above the industry average for Bitcoin withdrawals, ChangeNOW remains an attractive option for its affordability and service quality.

Security is a top priority for ChangeNOW, which uses advanced measures to protect user funds and information. Its non-custodial nature means users retain control of their private keys, reducing the risk of asset loss due to cyber-attacks.


  • Over 450 cryptos are available for trading.
  • Competitive fees, adapting to market conditions.
  • Non-custodial exchange improves user security.


  • Fees above average for Bitcoin withdrawals.

No KYC features There is no mandatory KYC for most transactions, but it is required for suspicious activities or high-value trades.
Spot trading fees Less than 0.5% for both maker and taker fees​
Can you buy crypto with a card? Yes, through third-party partners.
Additional features Partner with industry leaders, crypto loans, NOW Wallet, and NOW Token for cashback rewards and staking.

7. Switchere — Buy Cryptocurrencies Directly With a Card or SEPA Transfer

Switchere is one of the most popular non KYC crypto exchanges that lets you instantly buy more than 30 cryptocurrencies directly with a card, a SEPA transfer or by using one of the supported cryptocurrencies.

This includes coins like Bitcoin, Ethereum, and Solana, but also less prominent ones like Sienna and Radix.

You can only buy the coins using USD and EUR currencies if you want to use fiat. Switchere limits USD purchases to card only, while you can make purchases with EUR using both a card or a SEPA transfer.

However, to use the platform, you have to provide basic personal information, including your full name, date of birth, country of residence, and phone number. This will unlock a daily exchange limit of $700 and additionally ID verification will increase this limit to $15,000.


  • Buy crypto with fiat.
  • Swap coins from various blockchains.
  • Fast transfers.
  • Low card fees from 0.40%.


  • KYC is mandatory to use the platform.
  • Not many cryptocurrencies are supported.

No KYC features None
Swap fees 0% for SEPA and 1.99% for card purchases
Can you buy crypto with a card? Yes 
Additional features None

8. Best Wallet – The Best Non-Custodial Multi-Chain Wallet with No KYC 2024

Best Wallet is a multi-chain wallet, meaning you can store coins and tokens on a variety of blockchains, such as Ethereum, Polygon, and BNB Smart Chain, with Bitcoin coming in the future. This makes it convenient as you will have all your crypto assets in one place.

This is also one of the most popular non-custodial wallets, meaning the user holds the private keys to the crypto funds stored inside. Users can swap and trade any of the tokens within the wallet without KYC registration via the Best DEX. 

To complement the full crypto picture, the Best Wallet will introduce the BEST token. This utility and governance token will unlock exclusive features like market analysis tools, swaps without fees, the potential to get one of the next airdrop projects and more.

However, most of these features are in development, and it may take months before they are released. Follow the Best Wallet on X and on the Best Wallet Telegram channel to get up-to-date information on the Best Wallet releases. 


  • Multi-chain support.
  • Integrated token swap.
  • Available for Android and iOS devices.
  • BEST native token drop for active Best Wallet and Best DEX users.
  • NFT gallery and swaps.


  • Only available as a mobile app, while the browser extension is under development.

No KYC features Swapping coins and tokens
Spot trading fees No spot trading feature
Can you buy crypto with a card? Yes, via third-party services
Additional features Multi-chain support, NFT gallery, $BEST token

9. Phemex — Buy Crypto with No KYC Using Spot, Margin and Copy Trading

Phemex is a crypto investment and trading platform where you can buy crypto with fiat or swap it for other cryptocurrencies. It offers over 150 crypto pairs, and you can trade and swap without going through a KYC process.

You can also buy crypto with a debit or credit card or deposit fiat currencies. However, depending on which one you choose, using these features requires that you identify yourself to MoonPay or Mercuryo.

Phemex doesn’t require KYC, but users who want to get additional benefits like a premium membership and bonuses should complete KYC. This includes zero trading fees for up to $1 million per day, or bonuses such as a $5 voucher for following Phemex’s X account, or vouchers for completing quizzes, depositing funds, or copying traders.

Additional features of Phemex include copy trading and trading bots. You can either build the bots yourself or copy their trades. Seasoned traders get to use margin trading with 5x leverage. 


  • Multiple features available without KYC.
  • Copy trading and bot trading.
  • Spot trading and trading on a 5x margin.
  • Staking with Phemex Earn.
  • Multiple cryptocurrencies to choose from.


  • Fiat onramp via Moonpay or Mercuryo.
  • VIP features and bonuses only for KYC users.

No KYC features Deposit crypto, spot crypto trading
Spot trading fees Make fees from 0.00% to 0.01% for both makers and traders
Can you buy crypto with a card? Yes with Moonpay or Mercuryo
Additional features 5x margin trading, copy trading, bot trading, Phemex earn, price prediction rewards, Web3 features

10. CoinEx — Centralized Exchange That Offers Spot Trading, Futures and Yield Farming

CoinEx is a Hong Kong-based centralized crypto exchange that offers spot and futures crypto trading without KYC. It also offers margin trading, yield farming by becoming a market maker, and staking idle coins.

This exchange uses the maker/taker fee model where the price you pay for trading crypto depends on whether you buy it with a market order (taker) or set a limit order at a certain price (maker). The starting fee is 0.1% for both market makers and takers, but you can lower the fees by holding CET tokens.

Without KYC, you are limited to $10,000 worth of crypto per 24 hours. To increase this number, you would have to verify your account.

Similar to most crypto exchanges, you can buy crypto with a credit card, but you can also sell it. However, this process goes via third-party services such as MoonPay, AdvCash and Mercuryo, which require KYC on their sites.


  • Spot and futures trading without KYC.
  • Spot trading fees start at 0.1%, but you can lower them with CET tokens.
  • $10,000 withdrawal limit without KYC.
  • Advanced trading charts.
  • Over 600 cryptocurrencies to choose from.


  • Buying crypto with fiat currency goes via third parties that require KYC.
  • A limited number of features.

No KYC features Spot crypto trading, futures trading
Spot trading fees Start from 0.1% maker/taker fees
Can you buy crypto with a card? Yes with MoonPay, Simplex, Mercuryo, Guardian, AdvCash and Banxa
Additional features Yield farming via AMMs and staking

What Are Non KYC Crypto Exchanges?

There is a subset of exchanges that operate without a Know Your Customer (KYC) verification requirement. These exchanges allow users to trade cryptocurrencies without undergoing the verification process. Users can typically register with just an email address and password or a cryptocurrency wallet such as MetaMask.

The primary allure of crypto exchanges that don’t require KYC is the preservation of user privacy. In an era where data breaches are commonplace, many investors and traders are wary of sharing personal information, especially when a lot of crypto exchanges are unregulated. These platforms cater to such privacy-conscious users, ensuring that their identity remains undisclosed.

However, the anonymity comes with a set of challenges. Without KYC, these platforms can become hotspots for illegal activities. They might face regulatory crackdowns as governments increasingly scrutinize the crypto space.

Users of non KYC crypto exchanges also forgo some protections. For example, in case of disputes or issues, having an unverified account can complicate resolutions. Also, if the exchange goes under, the assets you store there may be lost forever.

Some of these issues can be avoided by using decentralized exchanges like Uniswap and PancakeSwap. These exchanges aren’t owned by a company and are unlikely to be forced by governments to request KYC verifications from their users.

DEXs don’t store your coins, as they are simply passing through your coins. That means if the exchange is hacked, your funds should be safe in your wallet.

Keep in mind, even no KYC exchanges may use third-party services for converting fiat to crypto and vice versa. These services may require KYC verification.

What Are the Reasons to Avoid KYC Procedures?

People choose to use a crypto exchange with no KYC for many different reasons including speed and accesibility. However, others choose to use an exchange that requires KYC for safety. It’s important to understand the pros and cons of no-KYC exchanges before making a decision.


  • Privacy: Users can trade without providing personal information, enhancing anonymity.
  • Speed: Faster sign-up and trading process since there’s no need to wait for identity verification.
  • Accessibility: Easier access for individuals without traditional identification documents or who live in countries with restricted access.


  • Security Risks: Increased risk of fraud and money laundering, which may attract illicit activities.
  • Legal Issues: Potential legal complications as more countries enforce stricter regulations on cryptocurrency trading. Some countries do not allow you to trade crypto without completing KYC.
  • Limited Services: These exchanges may often have lower trading and withdrawal limits. They might also have fewer features than those requiring KYC.
  • Trustworthiness: Some no KYC exchanges may lack credibility or proper regulatory oversight. You should always carry out thorough research when choosing an exchange

The Future of Non KYC Exchanges

The future of exchanges without KYC is uncertain. As regulatory bodies continue to tighten their grip on the cryptocurrency industry, these platforms may face increasing pressure to implement KYC procedures. 

Bitget, a popular no KYC crypto exchange announced it would implement KYC from September 2023, a few months earlier, KuCoin announced it would introduce mandatory ID checks. This trend is likely to continue.

Potential Benefits of Crypto Exchanges Without Verification

Crypto exchanges without identification come with several benefits, including:

  • Anonymity and privacy: When user trade crypto without KYC on exchanges, it ensures that their identities remain private. This also obscures their crypto trading activities, which are impossible to track on-chain if they were executed on centralized exchanges.
  • Efficiency and accessibility: Crypto exchanges that do not require KYC streamline the trading process. Without the need for time-consuming verification procedures, users can quickly sign up with a crypto wallet or an email, deposit crypto funds, and start trading. Additionally, non-KYC platforms provide an accessible gateway to the world of cryptocurrencies for underserved populations.
  • Enhanced financial sovereignty: This gives individuals greater control over their financial activities. Users retain full ownership of their funds, especially through DEXs, which reduces the risks of centralized entities’ potential mismanagement or insolvency.

How to Pick Non-KYC Crypto Exchanges?

As more crypto exchanges are embracing KYC processes, you have to dig deep to find the best crypto exchange without ID verification. If you want to exchange crypto without KYC, here’s what to consider:

  1. Look for user reviews, expert opinions, and any issues or controversies. Reddit often provides valuable information on many exchanges.
  2. What are you looking for in an exchange? If you want to move fiat to crypto and back, this will require KYC, even if not by the exchange, then by a third-party service such as MoonPay or Mercuryo. But if you’re looking to take advantage of arbitrage or market opportunities, no KYC crypto exchanges are a great place to start quickly.
  3. Check if the platform uses encryption, cold storage, two-factor authentication, and other security protocols to protect your funds.
  4. An intuitive and user-friendly interface is often a requirement if you’re starting out. This will make the entire process of buying and selling crypto more straightforward.
  5. Ensure the exchange supports the cryptocurrencies you’re interested in trading. Typically no KYC crypto exchanges will list almost every popular crypto you can find. But exchanges like Changelly might have a limited selection. You might be able to buy Bitcoin without verification but you’ll have to look elsewhere for more obscure altcoins.
  6. Examine the fee structure. While some no KYC exchanges might offer competitive rates, others could have higher fees, especially if you buy crypto with a credit card. Compare the costs with other platforms to ensure you’re getting a fair deal.
  7. Responsive customer support can be crucial, especially if you encounter any issues. You can always reach out to customer support before you start trading on an exchange to see how they respond.
  8. Understand the jurisdiction under which the exchange operates. Some countries may not be supported by the crypto exchange. You could bypass this with a VPN, but that would be at your own risk.
  9. Some exchanges offer additional features like staking, yield farming, and NFT trading. If you’re interested in these services, ensure the platform provides them.
  10. Consider how easy it is to withdraw your funds. This is the most important part. Some no KYC exchanges might have withdrawal limits or specific conditions. Ensure you’re comfortable with these terms before committing to a platform.

What Cryptocurrencies Can You Buy Without KYC?

Using the exchanges listed above, you can buy over 1,000 different cryptocurrencies. While most exchanges offer Bitcoin, not every one will support new altcoins and less popular cryptocurrencies.

margex cryptos

Some of the most common cryptocurrencies that you can buy without verification are:

  • Bitcoin (BTC): Almost every centralized exchange we have covered will allow you to buy Bitcoin without verification. As the leading cryptocurrency, it often has deep liquidity on exchanges. As a result, many crypto exchanges can offer low fees for trading BTC.
  • Ethereum (ETH): The second largest cryptocurrency, Ethereum (ETH) is known for the amount of DeFi projects and networks in its ecosystem.
  • Tether (USDT): This is a stablecoin pegged to the US dollar and has one of the largest trading volumes. It’s used as a store of value that is protected from crypto market volatility.
  • Dogecoin (DOGE): Dogecoin was the original meme coin and still holds top spot in the meme coin market. It features the Shiba Inu dog meme and has a huge amount of tokens in circulation.
  • Litecoin (LTC): This crypto is a fork from the Bitcoin blockchain and allows for smaller and faster transactions. Most exchanges that allow you to buy crypto without ID will support this token.
  • Solana (SOL): Solana is a blockchain with similarities to Ethereum but offers cheaper and faster transactions. This bull run, many meme coins have been birthed from the Solana network.

How to Buy Crypto Without KYC

Buying cryptocurrency without undergoing KYC verification can be attractive to those who value privacy and speed. Here’s a step-by-step guide to help you through the process:

Step 1: Head to your chosen No KYC Exchange

The first step is to identify and select a reputable no KYC exchange. We’ve covered some of the top exchanges above. Once you’ve chosen, head to the exchange website.

Step 2: Register an Account

Once you’ve chosen an exchange, you’ll need to create an account. This typically involves providing an email address and setting a password. Some decentralized exchanges will just require you to connect your wallet.

margex signup

Step 3: Deposit or Buy Funds

Most no-KYC exchanges do not support direct fiat currency deposits due to regulatory constraints. Instead, you will need to transfer cryptocurrency from an existing wallet to the exchange. You can also buy crypto using a P2P crypto exchange with no KYC.

If your chosen exchange has a fiat onramp, you will normally need to verify your identity with the payment provider.

Step 4: Trade Crypto

Once your funds are in your exchange wallet, head to the trading section and select your chosen trading pair, such as BTC/ETH.

Then, enter your transaction details and complete the transaction. Always make sure to review the fees and total costs before confirming.

Withdrawal Processes in No KYC Exchanges

Withdrawing from no-KYC exchanges is similar to withdrawing from most exchanges. However, there are some important factors to consider:

  • Withdrawing Fiat: Some exchanges that don’t require KYC do not support fiat at all. Therefore you’ll need to withdraw your crypto and sell it for fiat elsewhere. P2P crypto exchanges with no KYC will sometimes allow you to sell your crypto to another user for fiat.
  • Withdrawal Limits: No KYC exchanges usually impose withdrawal limits to manage risk and, in some cases, comply with legal requirements. This can be a daily limit as low as $100. Other exchanges will have a tiered limit where you can withdraw a certain amount depending on your trading volume. Higher tiers often require account verification.
  • Fees: As part of risk management, some no-ID exchanges will charge higher fees.

Are NO KYC Exchanges Safe and Legal?

From a safety perspective, this means that users’ personal data is less susceptible to potential breaches or unauthorized access, as minimal information is stored. This would make them relatively safer than KYC exchanges.

However, the lack of regulation and oversight can also make these platforms more vulnerable to other risks, such as money laundering or fraud. Since they often operate outside of traditional financial systems, users might have limited recourse in case of disputes or losses.

The legality of no KYC exchanges varies by jurisdiction. In many countries, cryptocurrency exchanges are required by law to implement KYC procedures. Operating without KYC can lead to exchanges facing legal repercussions, including fines or shutdowns.


The best non KYC crypto exchanges continue to offer a blend of privacy, efficiency and accessibility. However, users should keep in mind that although they provide all of these things, these exchanges are prone to regulatory changes and research must be done before trading.

Our top pick is Margex since it offers high-leverage futures trading, a variety of deposit options, safety, and copytrading features.



Are there any non KYC crypto exchanges?

Do I need KYC for KuCoin?

Why do people avoid KYC in crypto?

What is the use of no KYC Eexchanges if I can’t buy crypto with fiat?

Can you buy crypto without KYC?

Which crypto exchange does not need KYC?

How do you avoid KYC in crypto?

Is KYC bad for crypto?

Which non KYC crypto exchange has the lowest fees?

Kliment Dukovski

Kliment Dukovski is a cryptocurrency and investments writer. He's written over 1,000 articles to help readers understand complex crypto and investment subjects, as well as to find the best cryptocurrency products to meet their needs. His expert commentary has been featured in Fox Business, MSN Money and MediaFeed.