Peer‑to‑Peer (P2P) Platforms & Decentralized Options

Peer‑to‑Peer (P2P) Platforms & Decentralized Options

  • Bisq
    A decentralized, open-source exchange with no KYC, built on Tor. It's fully P2P—people post offers, send crypto, and receive bank or cash payments. While secure and private, withdrawal/trade limits start small (e.g. ~0.002 BTC) but can increase over time.

  • Hodl Hodl, RoboSats, LocalCoinSwap
    Other P2P services that let you buy/sell BTC without ID. They connect you directly with counterparties.


Centralized Exchanges Allowing High-No‑KYC Withdrawals

PlatformNo‑KYC Withdrawal LimitNotes
MEXCup to 30 BTC/dayOnly email required; KYC offers higher limits 
BingXup to 50,000 USDT/dayNo KYC for spot & futures; limited fiat access
Toobitup to 5 BTC/dayWide crypto support; basic trading tools
CoinCatchup to 50,000 USDT/dayHigh privacy; optional KYC for more features
Bybitup to 20,000 USDT/day or ~1 BTC/dayNo KYC needed for basics, but withdrawals capped
CoinExup to 10,000 USDT/day (~1 BTC)Spot/futures available; freemium model
Changellyup to 1 BTC/day, no KYCEasy swaps, limited functionality
KuCoinaround 1 BTC/dayLight no-KYC option, optional ID boosts limits

Crypto ATMs

  • Certain Bitcoin ATMs allow cash withdrawals without KYC, but typically with strict daily limits and high fees (10–20%) 

  • They are convenient but costly and often regulated—check local ATM rules.


Summary & Recommendations

  • Highest no-KYC withdrawal limits:
    For large withdrawal needs, go with MEXC (30 BTC/day) or BingX (50k USDT/day).

  • True privacy & decentralization:
    If avoiding all centralized oversight matters more than scale, Bisq is the best decentralized option. Expect smaller trade sizes and some learning curve.

  • Balanced choice:
    Platforms like CoinEx, Toobit, and Changelly offer moderate withdrawal limits with respectable privacy, simplicity, and less friction.

  • Crypto ATM option:
    Good for small cash withdrawals—easy to use, but fees are steep, and limits are tight.


Legal & Risk Notes

No-KYC platforms often come with:

  • Withdrawal caps—even high-limit ones still impose daily limits.

  • Regulatory risk—exchanges may request KYC or freeze funds anytime.

  • Security and scam risk, especially on P2P or ATMs.

Be sure to do your own due diligence, assess legal implications in your jurisdiction, and take security measures (2FA, cold storage) seriously.


Final Take

If you're looking to withdraw large amounts without KYC, MEXC and BingX are top choices. If privacy is your priority even with smaller amounts, go with Bisq or P2P platforms. And for occasional cash needs, Bitcoin ATMs work—just be mindful of the fees.

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