Kraken is one of the longest-standing. Most recognized crypto platforms in the world. After its foundation in 2011, Kraken has built its reputation on its high-level security protocols, comprehensive features, and commitment to regulatory compliance. Its state-of-the-art features, such as futures and margin trading, detailed charting, and spot trading, cater predominantly to experienced traders, while its user-friendly platform is also suitable for crypto newcomers. Kraken’s fee structure is volume-based, with trading fees ranging from 0.00% to 0.26%, which can be beneficial to high-volume traders. Based in the US (https://www.pipihosa.com/2023/11/15/standard-chartered-investment-arm-launches-tokenization-platform/), Kraken offers an extensive array of digital currencies, including major ones like Bitcoin and Ethereum, along with various altcoins.

Download the eToro app from the Play Store or the App Store and click on Sign up or go to the eToro website and click on the Start investing icon on the homepage. Once your account is funded, you can buy crypto by going to the Discover tab and clicking on the crypto you want to trade. After creating an account, you’ll immediately be prompted to verify it by providing personal details like your date of birth and a passport photo before being asked to submit KYC documents. You can then set your parameters and buy. The deposit options available to you will be displayed. Enter your full name, email address, and password. After verifying your account, click on the Deposit funds icon on the left pane of the page. Choose one and set the amount you’d like to deposit. An interface like the one below should load.

There is no cumbersome proof of address procedure or a selfie holding a piece of paper with “I promise you I’m legit” written on it. Sign up to the Bybit crypto exchange & earn huge Bybit referral code rewards of up to $30,050. It requires the same proof of identity as Primary KYC plus a live facial verification. All in all, MEXC is a great exchange that you can use without KYC (or low-intensity KYC to access all features). The one that requires the most hassle is the Institutional KYC level. Advanced KYC is also pretty smooth sailing. Though, it makes sense, as it’s made for, well, institutions. They have to submit various business-related info, including company operating details and board authorization documents. Quick and easy, right?

Deposit and trade to elevate your VIP status to unlock higher-tier rewards! Bybit is a popular centralized cryptocurrency exchange (CEX) that caters to both verified and unverified users. One of the main advantages of using Bybit as an unverified user is the unlimited crypto deposit limit. Although Bybit follows KYC policies, it offers unverified users a range of features with certain limitations. Some people might even consider Bybit to be the best no-KYC crypto exchange available, especially among CEXs.