No KYC Crypto Exchange: How to Buy & Swap Crypto Anonymously Without Verification

1. Device Setup for Anonymous Crypto Trading

In the age of social media and surveillance, it’s wise to have two separate devices (smartphones) for anonymous cryptocurrency trading. These days, it’s not that expensive, and you can choose any type of device. However, if you have sufficient funds, we recommend a Google Pixel with GrapheneOS—the gold standard for privacy-focused mobile devices.

Right after purchase, you must properly configure your phone. The basics include:

• No telemetry – completely disabled!
• Strong passwords – use complex, unique passwords
• Unregistered SIM card – purchased anonymously
• New email – created specifically for app store sign-ins and other services

Below are some helpful video tutorials for setting up your device securely:

Android Privacy Setup Guide Watch on YouTube

iOS Privacy Setup Guide Watch on YouTube

Google Pixel + GrapheneOS Setup Watch on YouTube

2. SIM Card Selection for Privacy

When looking to buy crypto without ID verification, your SIM card choice matters. You should carefully consider where you purchase your SIM card. By this, we mean the country—some countries require mandatory registration, while others don’t, such as the Czech Republic.

Also consider the country’s perspective. If you buy a SIM card in certain Muslim countries, some websites and services won’t display because the country blocks them. Good countries for anonymous SIM cards include Monaco, Sweden, and other European nations.

In these cases, GDPR also protects you—providers often don’t release information unless they receive a court order from a foreign country, and they require the court order to come from local police. For that to happen, an institution would need to open criminal proceedings in that country, which is problematic and time-consuming.

Don’t forget to also check the internet price, roaming costs, and how much you’ll pay in your home country. One more important thing—some SIM cards must be activated only in the country where you purchased them before they’ll work via roaming. Verify this before buying.

3. Usage, Protection & Best Practices for Anonymous Crypto Exchange

Setting up your device is fundamental—we covered that in section one. But purchasing is also important. Buy devices only with cash, and you can use FB Marketplace or other classified portals for this.

It’s also important to know that whatever SIM card you buy determines your IP address, regardless of where you are in the world. For example, if you buy a SIM card in the Czech Republic, your IP address will always show as Czech Republic, no matter where in the world you’re located.

3.1 Thank God for Factory Reset

Every device has a unique key that’s created during initial setup, or a new one is created if you perform a factory reset and erase everything. In that case, if you restore factory settings, no service or website will remember you, and you’ll appear as a completely new customer with no history—as long as you also use different details like phone number, email, etc.

(We recommend doing this at least once every 2 months)

3.2 Usage Tips

Turn on your device only when you’re using it. Even when a phone is turned off, it receives signals and can be tracked. In this case, if you want extra protection, we recommend using mobile cases with a Faraday cage—you can find various models online for just a few dollars. Thanks to the Faraday cage, it won’t be possible to detect your phone.

3.3 Display Protection

There are protective screen films on the market that can only be viewed when looking directly at the display—but not from the side or through a camera. This is a very useful feature—many attackers first watch you, observe what password you enter, then steal your phone and can easily steal your cryptocurrency.

3.4 Must Have: Remote Device Wipe

Activate remote device wipe as soon as you purchase your phone. Carefully memorize the entire process and login credentials. If your phone is stolen or you lose it, you must wipe it immediately.

Even if you have a strong password and it was just a loss—if someone has physical access to your phone, there are several ways to unlock it (mostly Android).

It’s also advisable to have a friend to whom you’ve written down the entire process and login credentials, in case you get into trouble and don’t have internet access, so someone else can perform the wipe. This is very useful if you’ve been detained, for example during a protest, or in an undemocratic country.

3.5 Secure Communication

The gold standard is the SIGNAL app. However, there are other options—we’ve had very good experience with the Element app.

3.6 Crypto Wallet for Anonymous Trading

We prefer that you use a hardware wallet from trezor.io. Unfortunately, they don’t have a device adapted for mobile phones, so we recommend in this case a device from SafePal.

However, if you don’t have the funds or time to buy a SafePal, we recommend these non-custodial wallets: Cake Wallet (great for BTC to XMR swaps) or Stack Wallet.

Remember—top security is a hardware wallet like Trezor or SafePal for your self-custody crypto.

🔐 Get SafePal S1 Hardware Wallet

How to Buy Crypto Without KYC: Anonymous Purchase Methods

Great! You’ve made it this far. Now let’s get to the actual buying and selling of cryptocurrency anonymously. Let’s go!

Which Method to Choose for No KYC Crypto Trading

Just 3 years ago, I would have recommended P2P services, but that’s no longer the case. Various laws, restrictions, and the unpopularity of these services has meant that this model is currently not very popular.

P2P services still exist, but they’re either technically demanding like BISQ (a true decentralized exchange without KYC), or they require KYC verification from you, like Binance P2P.

Another option is BTC ATMs—this works well, but in many countries, BTC ATMs will also require KYC. Check in your country whether BTC machines require KYC. If not, great—use them, but be prepared for higher fees.

Another option is direct P2P purchase via cash from your local exchanger. However, be extremely careful who you communicate with here!

That said, if you follow security rules and know what you’re doing, a P2P cash trader is the cheapest and most private option for buying and selling cryptocurrency. If you don’t know or lack experience, try calling a more experienced acquaintance you trust. P2P for cash is the best option, especially for larger amounts.

However, if you want to buy and sell crypto without verification in regular amounts, for example up to 3,000 EUR monthly, we have a solution for you. Below we’ll describe the entire process.

Bank Account Setup for Anonymous Crypto Exchange

First, you’ll need a bank account. But as with the SIM card, it’s important to choose the right destination. Different countries have different obligations for sharing and sending data to financial authorities and sharing data between banks.

In America, it’s FATCA, and in the EU and other countries, it’s CRS. Banks often have an obligation to implement both systems, so if you’re American and open a bank account in Europe, it doesn’t mean the bank didn’t send information about you to your state where you have tax residency.

The smaller the bank you choose, ideally a local one, the lower the probability that they actually share data. But beware—not every bank will open an account for a foreigner who doesn’t do business in the country or doesn’t have a residence permit.

Ideally, when opening a bank account, say you want to open an account because you’re going to do business in that country. The bank needs to know the reason.

Friendly Countries for Opening a Bank Account

Scenario: If You Don’t Have Money or Time to Travel

This applies mainly to European Union citizens. If you don’t have money or time to go open a bank account, your last option is to open one of the NEO banks.

I personally don’t recommend Revolut because it’s large, and large banks or institutions are always under greater scrutiny from regulatory authorities.

We’ve had good experience with the NEO bank iCard—it’s crypto-friendly and opens accounts for foreigners too. However, this always depends case by case. So if you have no other option—neither P2P cash purchase nor traveling to open a bank account from one of the countries—this is your chance. Although not ideal, it’s better than nothing.

I Already Have an Account with a NEO Bank—What’s Next?

Great! If you already have an open account, send money to this account from your regular account. Although it’s not good to link accounts, you have no other option.

One more thing that can partially hide your transaction is if you don’t send money directly to the account, but send money to your bank using a card. Most NEO banks offer this service. This slightly anonymizes the transaction because your bank account name won’t appear directly in the statement, only a VISA card transaction.

Once you have money in your account, you can start buying cryptocurrency without full KYC. It won’t be completely without KYC. AceChange has 3 KYC levels: Level 1, Level 2, and Level 3. Here we’ll only cover Level 1, where you must fill in your details: Name, Phone Number, Date of Birth, and Billing Address—but we won’t request any ID or selfie.

Of course, we won’t ask whether the details are truthful—that’s everyone’s responsibility!

But you must be aware that although it doesn’t happen often, they may request additional ID. And if you don’t enter your real details, it will take a while for them to send them back, but they will definitely send them back to your account—the transaction will just be canceled.

And once you’ve made your purchase, always keep your wallet self-custody only and don’t send cryptocurrency directly from it to a KYC exchange. Create a so-called intermediate transaction.

This means: if you sent your purchased cryptocurrency to address A and want to sell it, first send it to address B, and only from address B send it to the exchange. This rule always applies. You can make more intermediate transactions—ideally 2, but minimum 1.

Buy Crypto Without KYC: Payment Methods & Limits

Buy Crypto – Level 1 Limits (No ID Required)

Sell Crypto Without KYC – Level 1 Limits (No ID Required)

More information can be found here: https://www.acechange.io/fees-and-limits/

Note: Government Limitations Work in Your Favor

If your transactions are under 3,000 USD and no one has explicitly reported you to the financial police or tax authority, there’s a high probability they won’t investigate you more deeply for a simple reason—the number of government officials is limited, and if your transactions are this small, it’s more worthwhile for them to focus on bigger fish.

Relying on this isn’t ideal, but since you don’t have the investment to travel to get a better bank account, it’s better than nothing. Government inefficiency is also one form of defense you can try to use.

Instant Crypto Swap Without Verification

In addition to buying cryptocurrency without ID, we also offer an instant crypto swap without ID or verification service that is fully anonymous.

We even have privacy coins in our offering, such as Monero (XMR). You can swap BTC to XMR without KYC or exchange USDT to Monero, Bitcoin to Monero—all without limits. We have more than 4,000+ trading pairs available.

Of course, it’s also self-custody and non-custodial—we don’t hold your money and don’t have access to it. The entire anonymous crypto swap process is instant and completely private.

Why Financial Privacy and Asset Protection Matter

Just a few situations from the last 10 years: pandemics, wars, demonstrations, financial collapse of several wars—Ukraine, Iran, Armenia. Each of these events resulted in greater or lesser instability of the currency or financial system in the country.

And what’s interesting—banks always stopped working first. Either they turned off services, limited withdrawals, or people themselves stopped trusting banks in their country. This always happened first—within hours of the outbreak of war.

Similarly, it’s good to have some money saved in cash in local currency and a larger portion, for example, in Bitcoin, which you can exchange anywhere in the world for any fiat currency.

This is important—if you find yourself in a dangerous situation with your family, you must have financial means to leave the country safely stored. Definitely not in a bank where they can block them.

Conclusion & Our Recommendation

Our recommendation: even if you’re buying smaller amounts of cryptocurrency, we definitely recommend creating an extra device for buying and selling cryptocurrency anonymously and holding crypto in self-custody.

Additionally, you can use this device for anonymous communication and even for activating various trial versions of software and services, which will save you more money.

In case you find yourself in a dangerous situation, you simply throw away the phone. Of course, if you have a backup made, it’s not that complicated. And it only takes a few hours, which will save you a lot of money and worries with potential checks or account blocks.

Frequently Asked Questions About No KYC Crypto Exchanges