{"id":2018,"date":"2022-03-25T10:55:26","date_gmt":"2022-03-25T17:55:26","guid":{"rendered":"https:\/\/blog.bitcoin.tax\/?p=2018"},"modified":"2022-11-01T07:08:34","modified_gmt":"2022-11-01T14:08:34","slug":"crypto-exchanges-without-kyc","status":"publish","type":"post","link":"https:\/\/bitcoin.tax\/blog\/crypto-exchanges-without-kyc\/","title":{"rendered":"8 Best Crypto Exchanges Without KYC in 2022"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Most of the crypto exchanges sitting at the top of the food chain are centralized exchanges. You can\u2019t make transactions or trades on these crypto exchanges without KYC.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What does that mean?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It means that you have to disclose your identity in order to do anything on these platforms. And some people don\u2019t like that.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That\u2019s where crypto exchanges without KYC come in. These are exchanges, mostly decentralized, that allow their users to buy and sell cryptocurrency without having to disclose their identity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read this to learn more about the <a href=\"https:\/\/bitcoin.tax\/blog\/centralized-vs-decentralized-exchange\/\">differences between centralized and decentralized exchanges<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But before jumping straight to the list of the 8 best crypto exchanges without KYC, let\u2019s try to understand why people don\u2019t like the idea of disclosing their identity to crypto exchanges.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why Do People Look for Crypto Exchanges Without KYC?<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1080\" height=\"1080\" src=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-Do-People-Look-for-Crypto-Exchanges-Without-KYC.png\" alt=\"Why Do People Look for Crypto Exchanges Without KYC\" class=\"wp-image-2023\" srcset=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-Do-People-Look-for-Crypto-Exchanges-Without-KYC.png 1080w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-Do-People-Look-for-Crypto-Exchanges-Without-KYC-300x300.png 300w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-Do-People-Look-for-Crypto-Exchanges-Without-KYC-1024x1024.png 1024w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-Do-People-Look-for-Crypto-Exchanges-Without-KYC-150x150.png 150w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-Do-People-Look-for-Crypto-Exchanges-Without-KYC-768x768.png 768w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-Do-People-Look-for-Crypto-Exchanges-Without-KYC-980x980.png 980w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-Do-People-Look-for-Crypto-Exchanges-Without-KYC-480x480.png 480w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">There\u2019s no one-size-fits-all answer to this question. Different people have different reasons.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One reason could be that you\u2019re involved in criminal activities, and that\u2019s why you don\u2019t want your identity disclosed. But that\u2019s an easy cop out.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">First of all, not everyone is a criminal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Second, just because someone doesn\u2019t want to disclose their identity doesn\u2019t automatically mean or imply that they are a criminal, which brings us to the second possible reason &#8211; privacy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There\u2019s a whole spectrum of people who are concerned about their privacy. In this spectrum, there are people with rational concern over their privacy. And then there are conspiracy theorists who believe that the lizard people are controlling the world leaders and that everyone&#8217;s being spied on.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In short, people want to protect their privacy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lastly, two of the fundamental ideas behind cryptocurrency and blockchain technology were decentralization and anonymity. Some people believe that mandating KYC goes against that very idea. Hence, the protest against it.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1. <a href=\"https:\/\/bisq.network\/\" rel=\"nofollow\">Bisq<\/a><\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1891\" height=\"888\" src=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Bisq-e1648235876428.png\" alt=\"Bisq\" class=\"wp-image-2035\" srcset=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Bisq-e1648235876428.png 1891w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Bisq-e1648235876428-300x141.png 300w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Bisq-e1648235876428-1024x481.png 1024w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Bisq-e1648235876428-768x361.png 768w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Bisq-e1648235876428-1536x721.png 1536w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Bisq-e1648235876428-1080x507.png 1080w\" sizes=\"auto, (max-width: 1891px) 100vw, 1891px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Bisq is the only true crypto exchange without KYC. All other entries on this list allow trading crypto without KYC but with limitations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bisq is fully decentralized and doesn\u2019t require any identity verification. It doesn\u2019t even ask you to register in order to make a trade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As an exchange overall, Bisq isn\u2019t the best, sure, but it\u2019s certainly not the worst. And if you&#8217;re willing to compromise on other factors to get total anonymity, Bisq is your answer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. <a href=\"https:\/\/www.kucoin.com\/\" rel=\"nofollow\">KuCoin<\/a><\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1900\" height=\"873\" src=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/KuCoin-e1648236007531.png\" alt=\"KuCoin\" class=\"wp-image-2037\" srcset=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/KuCoin-e1648236007531.png 1900w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/KuCoin-e1648236007531-300x138.png 300w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/KuCoin-e1648236007531-1024x471.png 1024w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/KuCoin-e1648236007531-768x353.png 768w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/KuCoin-e1648236007531-1536x706.png 1536w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/KuCoin-e1648236007531-1080x496.png 1080w\" sizes=\"auto, (max-width: 1900px) 100vw, 1900px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">KuCoin is a decentralized crypto exchange where you can trade cryptocurrency with or without completing your KYC, meaning verification is optional.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Like most entries in this list, KuCoin also has a limitation on trading amount and volume without completing your KYC. But the limitations are far less restrictive than most crypto exchanges.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, being a crypto exchange without KYC isn\u2019t the only selling point for KuCoin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">KuCoin offers over 370 cryptocurrencies to trade from, including their own native token (KCS). You\u2019ll receive a 20% discount on trading fees and rewards for holding KCS.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. <a href=\"https:\/\/binance.us\/\" rel=\"nofollow\">Binance<\/a><\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1900\" height=\"921\" src=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Binance-e1648236087775.png\" alt=\"Binance\" class=\"wp-image-2039\" srcset=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Binance-e1648236087775.png 1900w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Binance-e1648236087775-300x145.png 300w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Binance-e1648236087775-1024x496.png 1024w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Binance-e1648236087775-768x372.png 768w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Binance-e1648236087775-1536x745.png 1536w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Binance-e1648236087775-1080x524.png 1080w\" sizes=\"auto, (max-width: 1900px) 100vw, 1900px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s ironic that at the start of this article, we said that most centralized exchanges require you to complete KYC, yet Binance is on this list.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There\u2019s no need to introduce Binance again. It has the reputation of one of the most popular exchanges in the world.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Binance also allows trading crypto without KYC, but the limitations are a bit too harsh. So, if you\u2019re willing to compromise for your privacy, go for it, but most people don\u2019t prefer it. They either complete their KYC or move to other platforms.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>4. <a href=\"https:\/\/shapeshift.com\/\" rel=\"nofollow\">ShapeShift<\/a><\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1896\" height=\"883\" src=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Shapeshift-e1648236288131.png\" alt=\"Shapeshift\" class=\"wp-image-2041\" srcset=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Shapeshift-e1648236288131.png 1896w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Shapeshift-e1648236288131-300x140.png 300w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Shapeshift-e1648236288131-1024x477.png 1024w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Shapeshift-e1648236288131-768x358.png 768w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Shapeshift-e1648236288131-1536x715.png 1536w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Shapeshift-e1648236288131-1080x503.png 1080w\" sizes=\"auto, (max-width: 1896px) 100vw, 1896px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Shapeshift is an anomaly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Because, unlike other crypto exchanges who went from \u2018sort of\u2019 decentralized to centralized, this exchange shapeshifted from a centralized to a decentralized company. Yes, pun intended.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before July 2021, Shapeshift also had mandatory KYC requirements, but in a big business transition, they decided to decentralize their entire company and drop the KYC requirement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Now, Shapeshift is also one of the crypto exchanges without KYC.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You don&#8217;t need to verify your identity to buy or sell crypto on Shapeshift anymore.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5. <a href=\"https:\/\/www.bybit.com\/\" rel=\"nofollow\">ByBit<\/a><\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"849\" src=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/ByBit-e1648236461652.png\" alt=\"ByBit\" class=\"wp-image-2044\" srcset=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/ByBit-e1648236461652.png 1920w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/ByBit-e1648236461652-300x133.png 300w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/ByBit-e1648236461652-1024x453.png 1024w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/ByBit-e1648236461652-768x340.png 768w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/ByBit-e1648236461652-1536x679.png 1536w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/ByBit-e1648236461652-1080x478.png 1080w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">ByBit used to be among those exchanges that didn\u2019t require any KYC, but here we\u2019re now in 2022, and ByBit is also asking for KYC.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The limitations on ByBit are far more forgiving than some of the other exchanges, though.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Other than that, ByBit is a great crypto exchange as a whole. It also offers tons of valuable trading features.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>6. <a href=\"https:\/\/changelly.com\/\" rel=\"nofollow\">Changelly<\/a><\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"878\" src=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Changelly-e1648236394548.png\" alt=\"Changelly\" class=\"wp-image-2043\" srcset=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Changelly-e1648236394548.png 1920w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Changelly-e1648236394548-300x137.png 300w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Changelly-e1648236394548-1024x468.png 1024w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Changelly-e1648236394548-768x351.png 768w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Changelly-e1648236394548-1536x702.png 1536w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Changelly-e1648236394548-1080x494.png 1080w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Earlier, Changelly used to be a fully anonymous crypto exchange that didn\u2019t even verify your email address.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But a lot has changed since then.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Like many, Changelly has also been made to implement a KYC procedure. But it\u2019s not compulsory. You can still buy and sell crypto with some limitations on withdrawals and volume.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Other than that, Changelly is a decent crypto exchange with decent features. Since this is not a list of the best crypto exchanges overall, we\u2019re only looking at these exchanges from the lens of anonymity. Check out the list of <a href=\"https:\/\/bitcoin.tax\/blog\/the-five-best-us-crypto-exchanges\/\">the 5 best crypto exchanges in the US<\/a> for otherwise.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>7. <a href=\"https:\/\/localmonero.co\/?language=en\" rel=\"nofollow\">Local Monero<\/a><\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1896\" height=\"892\" src=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Local-Monero-e1648236493392.png\" alt=\"Local Monero\" class=\"wp-image-2045\" srcset=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Local-Monero-e1648236493392.png 1896w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Local-Monero-e1648236493392-300x141.png 300w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Local-Monero-e1648236493392-1024x482.png 1024w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Local-Monero-e1648236493392-768x361.png 768w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Local-Monero-e1648236493392-1536x723.png 1536w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Local-Monero-e1648236493392-1080x508.png 1080w\" sizes=\"auto, (max-width: 1896px) 100vw, 1896px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Local Monero is also a fully decentralized and anonymous exchange.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But why isn\u2019t it at the top of the list then?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Because it only allows you to buy Monero coins (XMR) with fiat or cryptocurrencies like Bitcoin, Litecoin, Ethereum, etc.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So, unless you want to buy some XMR anonymously, Local Monero is of no use to you.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>8. <a href=\"https:\/\/www.coinex.com\/?lang=en_US\" rel=\"nofollow\">CoinEx<\/a><\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1900\" height=\"878\" src=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/CoinEx-e1648236692732.png\" alt=\"CoinEx\" class=\"wp-image-2047\" srcset=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/CoinEx-e1648236692732.png 1900w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/CoinEx-e1648236692732-300x139.png 300w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/CoinEx-e1648236692732-1024x473.png 1024w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/CoinEx-e1648236692732-768x355.png 768w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/CoinEx-e1648236692732-1536x710.png 1536w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/CoinEx-e1648236692732-1080x499.png 1080w\" sizes=\"auto, (max-width: 1900px) 100vw, 1900px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">CoinEx is another great crypto exchange without KYC with its own native coin, CET. And just like KuCoin, using CET will get you discounts on commission fees.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The limitations are reasonable and great for crypto beginners and HODLers. So, as long as you\u2019re not trading in thousands of dollars every day, you\u2019d be fine.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why KYC Could be a Good Thing? &#8211; Limitations of Crypto Exchanges Without KYC<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1080\" height=\"1080\" src=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-KYC-Could-be-a-Good-Thing.png\" alt=\"Limitations of crypto exchanges without KYC\" class=\"wp-image-2024\" srcset=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-KYC-Could-be-a-Good-Thing.png 1080w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-KYC-Could-be-a-Good-Thing-300x300.png 300w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-KYC-Could-be-a-Good-Thing-1024x1024.png 1024w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-KYC-Could-be-a-Good-Thing-150x150.png 150w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-KYC-Could-be-a-Good-Thing-768x768.png 768w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-KYC-Could-be-a-Good-Thing-980x980.png 980w, https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/Why-KYC-Could-be-a-Good-Thing-480x480.png 480w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Despite what you may think after reading this article, KYC isn\u2019t all that bad, and the government doesn\u2019t necessarily want your transaction history to plot something against you.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here are a few reasons why KYC could be a good thing and where crypto exchanges without KYC fall short.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Money Laundering<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You may have heard this a million times by those anti-crypto people who don\u2019t fully understand blockchain technology. It\u2019s an argument they pull up time and time again.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, there\u2019s some truth to it. Money laundering is indeed a real thing. Sure, it happens outside of the crypto world too, but that doesn\u2019t mean we ignore it altogether.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Verifying user identity allows the government to prevent or crackdown on money laundering.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Terrorist Funding<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When users can trade money and crypto anonymously, it opens up the possibility of terrorist activity, especially terrorist funding. KYC prevents that.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Tax Evasions<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last but not least, one of the reasons many people are using crypto exchanges without KYC is to avoid taxes. First of all, tax evasion is a serious criminal offense. Second, you still can\u2019t avoid taxes even if you use an anonymous crypto exchange.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read this to understand <a href=\"https:\/\/bitcoin.tax\/blog\/centralized-vs-decentralized-exchange\/\">taxes on decentralized and anonymous exchanges<\/a>. Also, read our <a href=\"https:\/\/bitcoin.tax\/blog\/crypto-taxable-events\/\">crypto tax guide<\/a> to know how crypto is taxed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lastly, if you need help collecting all your trade history and calculating taxes, use Bitcoin.Tax<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"Bitcoin.Tax\">Bitcoin.Tax<\/a><\/strong> is a crypto tax software that collects all your trade history from all the different exchanges and wallets you\u2019ve been using. Not only that, but it also calculates capital gains taxes, incomes taxes and any other taxes. Plus, it helps prepare and file your tax report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Not everyone trusts the government enough to disclose their identity. That&#8217;s why here\u2019s a list of the 8 best crypto exchanges without KYC. <\/p>\n","protected":false},"author":3,"featured_media":2316,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,12],"tags":[],"class_list":["post-2018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchanges","category-everything-crypto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.12 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>8 Best Crypto Exchanges Without KYC in 2022 - BitcoinTaxes<\/title>\n<meta name=\"description\" content=\"Not everyone trusts the government enough to disclose their identity. These 8 crypto exchanges without KYC allow you to trade crypto anonymously.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bitcoin.tax\/blog\/crypto-exchanges-without-kyc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"8 Best Crypto Exchanges Without KYC in 2022\" \/>\n<meta property=\"og:description\" content=\"Not everyone trusts the government enough to disclose their identity. These 8 crypto exchanges without KYC allow you to trade crypto anonymously.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bitcoin.tax\/blog\/crypto-exchanges-without-kyc\/\" \/>\n<meta property=\"og:site_name\" content=\"BitcoinTaxes\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/bitcointaxes\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-25T17:55:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-01T14:08:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bitcoin.tax\/blog\/wp-content\/uploads\/2022\/03\/shutterstock_795136543.png\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"338\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Rishi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@bitcointax\" \/>\n<meta name=\"twitter:site\" content=\"@bitcointax\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rishi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/crypto-exchanges-without-kyc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/crypto-exchanges-without-kyc\\\/\"},\"author\":{\"name\":\"Rishi\",\"@id\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/#\\\/schema\\\/person\\\/514b69b1296c5a66cc7f35c9a04c55b7\"},\"headline\":\"8 Best Crypto Exchanges Without KYC in 2022\",\"datePublished\":\"2022-03-25T17:55:26+00:00\",\"dateModified\":\"2022-11-01T14:08:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/crypto-exchanges-without-kyc\\\/\"},\"wordCount\":1260,\"publisher\":{\"@id\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/crypto-exchanges-without-kyc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/shutterstock_795136543.png\",\"articleSection\":[\"Crypto Exchanges\",\"Everything Crypto\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/crypto-exchanges-without-kyc\\\/\",\"url\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/crypto-exchanges-without-kyc\\\/\",\"name\":\"8 Best Crypto Exchanges Without KYC in 2022 - BitcoinTaxes\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/crypto-exchanges-without-kyc\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/crypto-exchanges-without-kyc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/bitcoin.tax\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/shutterstock_795136543.png\",\"datePublished\":\"2022-03-25T17:55:26+00:00\",\"dateModified\":\"2022-11-01T14:08:34+00:00\",\"description\":\"Not everyone trusts the government enough to disclose their identity. 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