Quote from: Mr. Magkaisa on December 30, 2023, 10:26:05 AM

Quote from: zabzob on December 26, 2023, 12:13:49 PM

I'm planning on exchanging some btc for monero and/or litecoin so I can make online purchases with crypto for low network fee. I'm just looking for an exchange that doesn't require KYC where I can exchange btc for one of these altcoins, and get the best exchange rate. What are the best options? I'll consider DEX or CEX, whichever gives the best deal.

- It seems that the only ones I know that don't have KYC are the DEXs that somehow charge low fees to their traders. Or Mexc is also possible; as far as I know, on this platform, when you perform activities in spot trading, they give zero fees to the trader. But if you only use Future and Margin, there are fees, and they will require you to provide KYC.

The other one is Coinex; it only gives 0.1-0.2% fees to individual traders, and it also doesn't have KYC like MEXC. Although recently it also had an issue, it was resolved somehow. Then the pancake sweep can also be without kyc, and its trading fees are also okay.

Many CEX currently require KYC. However, I know that Mexc does not require consumers to undergo KYC to trade there. However, if you do KYC there will be zero fees that apply to every trade we make on Mexc and the withdrawal limit there will also increase.