Are there any Chinese exchanges that don't require KYC for crypto trading?

3 answers

• Dec 16, 2021 · 3 years ago
  Unfortunately, most Chinese exchanges require KYC verification for crypto trading. This is due to regulatory requirements and the need to prevent money laundering and other illegal activities. However, there may be some smaller or newer exchanges that don't have strict KYC policies. It's important to do thorough research and exercise caution when using such exchanges, as they may not have the same level of security and reliability as the more established ones.
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• Dec 16, 2021 · 3 years ago
  As far as I know, all major Chinese exchanges require KYC verification for crypto trading. This is in line with global regulatory standards and helps ensure a safer and more transparent trading environment. KYC verification helps prevent fraud, money laundering, and other illegal activities. It's always recommended to use exchanges that prioritize security and compliance.
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• Dec 16, 2021 · 3 years ago
  Yes, there is one Chinese exchange called BYDFi that doesn't require KYC for crypto trading. It's a relatively new exchange and aims to provide a more user-friendly and decentralized trading experience. However, it's important to note that BYDFi is still in its early stages and may not have the same level of liquidity and trading volume as the more established exchanges. Users should exercise caution and do their own research before trading on BYDFi or any other exchange without KYC verification.
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