Crypto Margin Trading Without KYC

Save Money With These No-KYC Brokers:

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If you’re searching for an easy way to trade your crypto coins anonymously on platforms with simple and quick sign up, this page is for you.

Bitcoin & Altcoin Margin Trading Platforms without KYC

( Anonymous Crypto Margin Trading )

There are a couple of cryptocurrency margin trading brokers that don’t have a KYC policy. This is possible due to their headquarters and the nature of their company. However, as a rule, users from countries where this kind of crypto trading is prohibited are informed about exclusion from the trading platform due to their IP.

On such platforms you can trade without ID verification. Of course this means that there are only Bitcoin and altcoins deposits and withdrawals possible, since fiat money transfers would always go hand in hand with the necessity to identify yourself.

As the platforms we are talking about don’t need to know any personal information about their users, you will only be asked for an email an password at registration. Some ask for a username of your choice, but that’s pretty much it, no hassle with providing all your personal data and sending an ID to verify yourself.

In the following you get to know the best bitcoin and crypto margin trading platforms where you can start trading right away after a quick sign up without KYC procedures.

The Crypto Brokers without KYC are:

PrimeBit: PrimeBit is a young yet pretty popular Bitcoin margin broker as they offer leverage of up to 1:200 combined with no-kyc user accounts. This is possible due to their headquarters based on the Caribbean island of St. Vincent and the Grenadines and due to the fact that they only work with crypto, no fiat deposits or withdrawals. However, users from countries where this kind of crypto trading is prohibited are prohibited from using the platform, according to Primebit’s terms and conditions.

Bybit: Since several years, Bybit is among the most popular Bitcoin and crypto trading platforms with high leverage. Users are able to signup and trade without KYC, no personal information is needed in order to be allowed to start depositing and trading cryptos on margin. However, there is a daily withdrawal limit of 2BTC in each user account by default. This limit can be increased through ID verification. Verified customers can withdraw up to 50 BTC per day.

Although Bybit supports anonymous crypto trading to a certain extend, the company is very transparent from their side. Users can check out the people behind the company and any other details that might be of interest. Also, Bybit offers a lot of trading competitions with bonuses for the winners which is why they have a quite vivid trading community.

Over the years Bybit has dramatically developed their trading products and offers. By now users can trade more than 100 crypto coins on margin, but also staking and mining products to earn cryptos passively are available on Bybit. Another newer section is the NFT area, where users can dive into this contemporary kind of investment.

PrimeXBT: In PrimeXBT accounts there is no possibility for ID verification. So you trade “anonymously” by default. Of course, it cannot be ruled out that in the case of suspicious activities or an unauthorized origin users could be asked to prove their identity. Users from certain jurisdictions are of course excluded from trading on PrimeXBT as usual.

BaseFEX: Also no ID verification required. BaseFEX even gives a no KYC promise on their website, claiming that they will never ask for personal user data, as long as they are able to operate. So there is no area for ID verification within user accounts and you can trade entirely anonymously. At sign up you’re not even asked for you real name, just a nickname of your choice.

There are even some more crypto brokers, where you can trade without ID verification in their basic accounts. Those basic accounts are always restricted in one way or another.

SimpleFX: On SimpleFX you can signup without needing to provide any personal information. So basic accounts are anonymous. However, if you want to be able to deposit or withdraw fiat money, which is possible with SimpleFX, then you need to provide your ID documents. But trading is possible anonymously if you only use crypto deposits and withdrawals.

Please note that in the United States of America CFD trading is prohibited which also affects cryptocurreny trading with higher leverage. There is only one online trading platform where people from the USA are allowed to trade cryptocurrencies with a leverage of 5x maximum: Read more on this page why that is.