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.
Most of the DEXes are built on Smart Contracts and work with only EVM-compatible Wallets such as Metamask, Trustwallet, ETC. so I don't think you can Trade BTC in any DEX. Your need a CEX for trading Bitcoin with Monero or a P2P Source. Other Members Suggested the BestChange exchange. that's what coming into my mind too. Give it a try.
KYC is very important for safety. It is limited if you don't do kyc. I do few kyc which is good for crypto market. Without kyc, it is not good for crypto market. I do kucoin trading almost six years ago and I didn't do any kyc.
KYC has nothing to do with Safety and Market. it might have some benefits but at the end of the day you'll loose your identity and privacy. and if the place where you do KYC turn rough. you'll end up regretting doing KYC.