Post
Topic
Board Trading Discussion
Re: Which exchange is best for crypto-to-crypto trades with no KYC and low fees?
by
jaberwock
on 31/12/2023, 15:01:21 UTC
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.
The EVM wallets that you mentioned are I think still supports a BTC and I think they even have a built-in instant exchange. Maybe we can also use it? That should save us time. I won't say that it can as well save us money for the fees because I'm not sure about their rates yet. But, I think they can be higher than usual.

If it's about a stand alone DEX, I think some of them still allows us to trade a BTC, but most has this " wrap BTC ". Meanwhile, BestChange is not an exchange but it was only like a directory for the crypto exchanges. But we can also refer to them first, to help us decide the exchange that we truly want. About KYC, I think he is right, but only if the exchange and the users that we are dealing with are all legit.