5 Best No-KYC Crypto Exchanges 2025: Trade Anonymously
The Short Answer
The best no-KYC crypto exchange for 2025 is MEXC, offering 0% trading fees and withdrawals up to 20 BTC per day without any identity verification.
For US users (who are restricted on most platforms), WEEX is one of the few exchanges that accepts Americans for futures/perpetual trading without KYC.
🏆 Top 3 No-KYC Picks
MEXC
8.5/100% trading fees + 20 BTC/day withdrawal limit without any ID verification.
Code: mexc-discount2
WEEX
7.5/10One of the few No-KYC exchanges that accepts US customers for futures/perpetual trading.
Code: discount35
Bitget
9.3/10Optional KYC with high limits. World's #1 copy trading platform.
Code: bifan888
🔍 How We Ranked No-KYC Exchanges
We tested each exchange by creating accounts without ID, depositing crypto, and attempting withdrawals. Here's what we evaluated:
1. Withdrawal Limits
How much can you withdraw daily/monthly without completing KYC?
2. Privacy Policy
What data do they collect? Can accounts be frozen without notice?
3. Regulatory Risk
How likely is the exchange to suddenly enforce KYC?
4. Fee Structure
Low fees matter even more when trading anonymously.
⚠️ Important Disclaimer
"No-KYC" policies can change rapidly due to regulatory pressure. Always verify the current requirements before depositing large amounts. You are responsible for complying with your local tax and reporting laws, even when using anonymous exchanges.
📊 Full Rankings: Best No-KYC Exchanges
#1.MEXC— Best for Zero-Fee Trading & Scalpers
Pros
- 0% Spot & Futures/Perpetual Maker Fees
- 20 BTC Daily Withdrawal (No KYC)
- 2000+ Cryptocurrencies
- Fast Account Setup (45 seconds)
Cons
- Not available in US/Canada
- Customer support can be slow
- Interface can be overwhelming
💰 Fee Breakdown
| Type | Maker Fee | Taker Fee | With Promo Code |
|---|---|---|---|
| Spot Trading | 0.00% | 0.00% | 20% Fee Discount (Spot + Futures) |
| Futures Trading | 0.00% | 0.01% | Discount Applies |
#2.WEEX— Best for US Traders (No KYC)
Pros
- US Customers Accepted
- No KYC Required at All
- Simple & Clean Interface
- 35% Fee Discount Available
Cons
- Newer exchange (less proven)
- Limited liquidity on some pairs
- Fewer advanced features
💰 Fee Breakdown
| Type | Maker Fee | Taker Fee | With Promo Code |
|---|---|---|---|
| Spot Trading | 0.10% | 0.10% | 35% Fee Discount (Spot + Futures) |
| Futures Trading | 0.02% | 0.06% | Discount Applies |
#3.Bitget— Best for Copy Trading
Pros
- Optional KYC (High Limits)
- #1 Copy Trading Platform
- $300M Protection Fund
- 30% Fee Discount with Our Code
Cons
- Full features require KYC
- US Restricted
- Withdrawal limits without KYC
💰 Fee Breakdown
| Type | Maker Fee | Taker Fee | With Promo Code |
|---|---|---|---|
| Spot Trading | 0.10% | 0.10% | 30% Fee Discount (Spot + Futures) |
| Futures Trading | 0.02% | 0.06% | Discount Applies |
#4.Gate.io— Best for Altcoin Diversity
Pros
- 1700+ Cryptocurrencies Listed
- Optional KYC for Basic Trading
- Great for New Token Gems
- Margin & Futures Available
Cons
- Higher fees without discounts
- Interface is complex
- Lower limits without KYC
💰 Fee Breakdown
| Type | Maker Fee | Taker Fee | With Promo Code |
|---|---|---|---|
| Spot Trading | 0.15% | 0.15% | 20% Fee Discount (Spot + Futures) |
| Futures Trading | 0.015% | 0.05% | Discount Applies |
#5.HTX— Best for Asian Markets
Pros
- Operating Since 2013 (Reliable)
- Optional KYC Policy
- Wide Asian Market Access
- DeFi Hub Integration
Cons
- Rebranded from Huobi
- Higher spot fees (0.20%)
- US Restricted
💰 Fee Breakdown
| Type | Maker Fee | Taker Fee | With Promo Code |
|---|---|---|---|
| Spot Trading | 0.20% | 0.20% | 30% Fee Discount (Spot + Futures) |
| Futures Trading | 0.02% | 0.05% | Discount Applies |
❓ No-KYC Exchange FAQ
Is it legal to use a no-KYC crypto exchange?
Yes, in most countries it's perfectly legal to use a no-KYC exchange. The exchanges operate legally by offering tiered verification (lower limits for unverified users). However, you are still responsible for reporting taxable gains to your government, regardless of whether the exchange has your ID.
What is the best no-KYC crypto exchange for 2025?
MEXC is our top pick, offering 0% trading fees and 20 BTC daily withdrawals without ID. For US users, WEEX is one of the few platforms that accepts Americans. Bitget and Gate.io offer "optional" KYC with generous unverified limits.
Can US citizens use no-KYC exchanges?
Most major exchanges (Binance, OKX, MEXC, Bitget) block US IP addresses and prohibit US users in their Terms of Service. WEEX is an exception that explicitly accepts US customers. Using a VPN to bypass restrictions is against most exchanges' ToS and could result in frozen funds.
What are the risks of using a no-KYC exchange?
Key risks include: 1) Less regulatory protection if the exchange fails, 2) Lower withdrawal limits, 3) Potential account freezes if suspicious activity is flagged, 4) Policies can change suddenly—an exchange could require KYC tomorrow.
How much can I withdraw without KYC?
Limits vary by exchange: MEXC allows up to 20 BTC/day, Bitget and Gate.io typically allow 1-2 BTC/day for unverified accounts. WEEX doesn't publish strict limits but may request verification for very large withdrawals.
Understanding No-KYC Trading
Why Do Exchanges Offer No-KYC?
Exchanges offer tiered verification to compete for users who value privacy. "No-KYC" tiers have lower limits but faster onboarding. This is especially popular in regions with limited banking access or where users distrust centralized data collection.
⚠️ Regulatory pressure is increasing. Many exchanges (including Binance) that once offered no-KYC have since made verification mandatory.
Best Practices for Privacy
- Use a unique email address (not linked to your identity).
- Don't link your exchange to personal bank accounts (use crypto deposits).
- Be aware of blockchain analysis—on-chain activity can still be traced.
- Keep funds on exchanges only while actively trading; withdraw to self-custody wallets.