Guide to Buying Crypto Without KYC Verification - Top 10 Platforms Included

[ActionMan]

To be on track on what @JohnLocke intended.

Use XMR. Period. While it's fine‌ to make casual crypto transfers now and then, for anything sensitive, always use Monero (XMR).‍ Don’t use mixers,they’ll leave you with “dirty coins,” which doesn’t make sense. There’s no such⁠ thing as dirty coins; you wouldn’t look at a dollar bill and call it dirty.⁤ Cash is cash, and XMR is essentially digital cash because it's fungible!

Anyway, back to⁣ topic.

Non-KYC:

1- unstoppableswap (tested): Truly non-KYC atomic swaps (XMR <> BTC). Unlike services like⁢ Changelly, which can request KYC at any time.

2- P2P bot, A no-KYC cash-to-crypto︀ P2P exchange. It's what LocalBitcoin or LocalMonero should have been to avoid shutdowns. Very active︁ in LATAM, offering a great way to inject capital into specific countries.

3- infinity! (Tor-only exchange): Speaks for itself,what Samurai Wallet should have been.

4- Haveno, Built on︂ Monero, theoretically the best way to exchange BTC for XMR. While the testnet was up,︃ one developer, a strong libertarian, didn't like the direction the project was heading. He took︄ lessons from LocalMonero but left when his colleagues seemed too profit-driven. It’s currently a bit︅ of a mess, but you can read more about it here

5- Majestic bank. good albeit low trading daily volume (in the ~ 400-500k)

6- exch: instant swap,︆ works great and no KYC whatsoever.

tradeogre is also good as @gh0p said, but not the best. exercise caution!

There are many more non-KYC OTC and P2P exchanges and︇ swaps available, but I prefer to keep them discreet, sharing only with trusted clients and︈ community members.

 

[Houdini]

Have never had the sightest issue⁣ with "dirty" coins when using mixers. I have been able to transfer them to any⁢ exchange I work with i.e. Binance and Kraken and Coinbase - worked always.

What are︀ "dirty coins" and how do they find them or how can I see them ?︁

 

[jafo]

Dirty is actually used⁤ as a synonym for "tainted."

Here's the GOAT explaining it:

 

[jesuschrist]

Buy some BTC on TradeOgre and deposit it‍ to your Binance or Kraken, your account will be blocked in 5 minutes. (don't do⁠ it)

The last time I seen how mixers work on the blockchain was more than⁤ 10 years ago, they moved old deposits to a new address every 10 minutes, sometimes⁣ there were hundreds of oldAddress->newEmptyAddress transfers before they sent coins out. I doubt this can⁢ still pass new exchange detections. Maybe they changed their mixing system?

We have Monero now,︀ there is no reason to use mixers anymore, for regular users for privacy reasons.
This is︂ no longer the case since PoS.
https://protos.com/high-number-of-ethereum-blocks-censoring-us-sanctioned-users/I think only a matter of time untill︃ every validator will be forced to filter transactions that contains tainted ETH.

I was an︄ Ethereum fan since "the new beginning", I converted 90% of my BTC to ETH and︅ I deeply believed in it even when the Classic chain split happened.
I did very︆ good financially, made much more than if I would have held BTC instead, so I︇ can never hate Ethereum but I no longer believe in it, now it's just another︈ shitcoin smart contract blockchain.
https://bitcointalk.org/index.php?topic=428589.0
This is a very good list, but only safe if you convert BTC->XMR.
If you convert︉ XMR->BTC on these sites there is still a chance you get tainted coins.

 

[ActionMan]

Then you are lucky, or maybe⁠ not. Imagine one of the coined you get from a PEP or a sanctioned individual,⁤ or from any other illegal dark net means. I mean, there is a reason why⁣ companies like chainalysis exist. it's their business model. Go figure.
Just don't use mixer, exchange whatever crypto to XMR, if the amount is︀ large, divide it between multiple XMR wallet to avoid time correlation attacks, other than that,︁ you should be good to go!

Exactly, I just don't understand the use of mixers, Wasabi or whatever, a simple solution exist.︃ Use XMR
Yes atomic swaps are only useful for people who︆ have BTC, the fees are high with some traders, but if you value your privacy,︇ you get what you pay for!

 

[5K1PP3R]

What about CoinJoin?

 

[jesuschrist]

My guess is mixers are the only‍ option for people with 1k+ tainted btc.
That volume is just too much for any⁠ atomic swap.

A few years ago when XMR was around 250-300$ on every major exchange,⁤ there were days when some paid 700-1000$ / XMR on TO and other small exchanges.⁣
It wasn't truly arbitrage because BTC on TO is tainted, you couldn't withdraw immediately and⁢ sell it on other exchanges, but all you had to do is wait a few︀ days for the price to go back to double the number of XMR you have.︁

https://en.wikipedia.org/wiki/Pecunia_non_oletXMR is real money.

 

[EliasIT]

quick question, does this only apply for Bitcoin or are more‍ coins affected from this?

 

[Jorozey]

It's not a Theory, it's a fact, but many will realize it‍ the hard way.

 

[ActionMan]

Any Crypto that's gained from doing any sort of illicit‍ activity, except XMR

No KYC, instant exchange with AML checker + Tor. should be enough to⁤ swap your coins.

 

[gh0p]

I do︂ agree that mixers are poor choice for long-term security on Bitcoin and other public blockchains.︃ When it comes to XMR though, people should note having multiple wallets isn't enough there︄ is a lot more going on the network side that has effect to the privacy︅ of users. As an example to what I am saying take a look at



https://www.reddit.com/r/Monero/comments/1fe8m53/is_this_real_guys
I'll quote one of the users as it encapsulates it well:

Although recommendations are︉ to run your own node that comes with complications on its own such as putting︊ all wallets to use that node is problematic on the network side, accessing the node︋ server itself, making payments for that server anonymously as well etc. Regardless of this, the︌ balance of user friendliness and security within the Monero ecosystem is an admirable one and︍ without a doubt better than using Bitcoin privacy-wise.

I'd be very careful with such places. Many give tainted coins or as we had a️ discussion in another topic, coins that are exchanged through dummy/accounts with "darks" as named here‌ can later be traced once those very accounts are reviewed (e.g Binance). That's why a‍ bit of legitimacy is needed from the exchanger side when exchanging to public cryptocurrencies such⁠ as Bitcoin. There's a reason why places like Garantex operate but their clients have issues⁤ with coins with high AML risk.

I wanted︎ to give some background on some of these as I believe it is important. Atomic️ swaps are the future definitely and the dirty coin problem will follow it throughout, being‌ potentially the weakest point of the atomic swap proposition.

Infinity exchange is owned anonymously but‍ if you dig a little bit on other forums you'll see that exchange is owned⁠ and operated by a known DDoS attacker with a long history of scams. Not only⁤ failed at running their own DNM and were involved in other projects but also got⁣ exposed as p.edo. There's also been a couple of documented instances of people complaining they⁢ got completely tainted coins with very high AML risks which defeats the purpose of the︀ exchange itself. I wouldn't use it or recommend it for many of these reasons.

Majesticbank has had a lot of controversy too in regards to who owns it as they︁ started out advertising at few underground forums. At a popular forum before they stopped answering︂ on there, they pulled a scam that left some people without their money. I believe︃ the news had reached reddit at that time too. At some point I remember they︄ had their SSL certificate expose a Canadian company ran by some Chinese person. Additional "controversies"︅ you can also find by googling and searching on reddit or dive deeper on other︆ forums.

Both of these exchanges got put suspiciously quickly at kycnot.me as highly trusting on︇ that website (within 1-2 weeks, higher than long-lasting websites on there) as I was around︈ when each had started out. There's also additional drama with Majestic and Intercambio.app but I'll︉ leave that for whoever wants to dig in deeper into this as lots to uncover︊ about these two.

Smaller P2P swaps and exchangers are a good choice for no KYC︋ provided you have done your DD. Decentralized options like Haveno will be the future for︌ sure and its great to see it advertised here, many people in the community are︍ following its development as its on the right track.

 

[ActionMan]

Completely agree. I already mentioned this in another post here, to⁢ quote my self:

How is‌ it problematic? are you talking about the resources required to run the node? or the‍ node being a single point of failure? maybe it should be a concern If many⁠ users run self-hosted nodes, in that case Chaianal could exploit vulnerabilities in some of these⁤ nodes to trace Monero transactions, using metadata such as IP addresses or timestamps, but I⁣ don't see this happen any time soon. most people would still connect to a trusted,⁢ remote node. Even if you and I don't do that.
I was talking about exchanging your Crypto to︆ XMR, not the other way around! for cashing out XMR, I do it directly through︇ OTC/P2P trading with trusted partners in HK Or swap it for USDT through same partners.︈

But for BTC, USDT to XMR. these should be fine. although, it's quite difficult to︉ buy too many monero right now due to liquidity issues, which in theory should make︊ it's price skyrocket! (101 Supply & demand) but that didn't happen, but I will leave︋ that discussion for another thread
Yes, I agree. as I mentioned here, it's already️ useful for people who have BTC and want to trade it for XMR. not the‌ other way around (unless you can trade tainted BTC through whatever mean, then this could‍ be a profitable, albeit, very risky business):

Any sources on this? maybe you are talking︄ about Killnet, which is owned by KillMilk? If So,I don't think there is any correlation︅ between the two! I would be happy to know more though.
I only suggested using said exchanges to exchange your Crypto to XMR︍ in a private manner, using it the other way around defeats the whole purpose!

I would expand more since we are discussing this, So, allow me to play the devil's︎ advocate here!

their existence on the DNMs doesn't make them less legitimate, because XMR is️ used heavily in the DNMs. Hell, even cash is still the most used form of‌ payments for paying illicit goods.

Yes, their matrix as well as their Dread accounts was‍ wiped out. but their admin was communicative, and they cited the reasons being "their nodes were under heavy attack mostly coming from tor network" which is plausible.

But I⁠ agree that you have to be cautions with any of these exchanges.
First time I hear about intercambio.app, but from my limited research,︁ it seems that users were mostly suspicious of their quick listing on kycnotme and that︂ it's still new to the market. But it would be great if you can shed︃ more light on this, maybe in another thread!
I agree!
I agree, but who︈ will lead the Project now? to quote one user:

 

[dany]

I haven't thought⁠ about it that way at all. You're absolutely right; the large pension funds, hedge funds,⁤ banks, etc., are actually using taxpayers' money to invest in Bitcoin and other cryptos, while⁣ at the same time, in my opinion, completely wrecking the market.

 

[dany]

I had no idea there were now "dirty" bitcoins as well.‍ I assume this only applies to bitcoin? When did this phenomenon start?

 

[jafo]

A long‍ time ago...according to my diary entries, the earliest was the Bitcoins that were donated to⁠ Wikileaks. These Bitcoins were then used by Wikileaks to pay out and were considered "dirty/tainted."⁤ Someone I know, who sells online, got some and they were "seized" by some exchange.⁣

 

[lavel]

how did‍ they know what exact bitcoins that are and would that mean that no one ever⁠ can use these exact bitcoins any longer?

 

[jafo]

After the high priest seized and blessed them, they are now free to use...if you‍ are invited to the party..., of course...

US Government Seized Bitcoin Sales Tracker!

 

[Propeller]

This money comes from taxpayers,‍ to find people cheating in taxes.

 

[jafo]

What money?

I think maybe I should post a pic to make my explanation‍ clearer? 🙄

Let's try that...

I erased some countries and some words so as not to⁠ distract from the narrow issue. 😉

PS. This is a rough example, of course. 😉

 

[Propeller]

Thanks for the details, an image can say much more than a thousands words.