I found 3 solutions for Non-KYC Crypto Exchange
After scouring the internet for a long time, I stumbled upon these methods. Seriously, after about a year of searching, I found the options below within the space of a month.
Maybe I just suck at research. 🤷
Anyway, I am happy to recommend these 3 methods below, which can be used in any country and currency.
Bitrefill
Use this method for:
Exchanging Crypto to GiftCards✅
e.g. Crypto to Amazon, Menulog, AirBnB, Car Rentals, etc.
My highest recommendation is Bitrefill.
Great selection of Gift cards, and I find that often I am paying slightly less for some reason.
eg. a $50 Amazon gift card turns out to be $49.85 or something like that. Negligable, but nice anyway.
But do remember the gas/mining fees when transferring so you will essentially lose the ~$2 or so. As it is with trading most crypto. You should be used to this by now.
🔗Bitrefill link here: https://www.bitrefill.com/?ref=WAcpXti9 🔗
Bisq
Use this P2P method for:
Exchanging Crypto to Fiat/Crypto ✅
Exchanging Fiat to Crypto/Fiat ✅
Fantastic for trading Crypto for some Cash.
And if you are worried about receiving dirty money, stolen funds, or helping someone launder, Bisq has designed a system to help mitigate against this.
Bisq mitigates tainted source funds with the use of Account Signing Limits.
Basically, when a new Fiat payment method is added to an account, it can initially only be used in a trade amount of 0.01 BTC. (Somewhere around the $280 USD mark)
After 30 days, the payment method the limit is raised to a much higher amount. If the Fiat account being used has been stolen, this 30-day limit should give ample time
You can see the full explanation here in their wiki: https://bisq.wiki/Account_limits#Account_signing_account
I have had good luck with Bisq. Many people have reported carrying out hundreds of trades and never having an issue.
There’s a very active Telegram Support network for Bisq if you get stuck.
See this link for a high-level view of Bisq and how to get started.
Similar to Bisq, there’s another P2P exchange service called RoboSats. I haven’t used this one. Same concept as Bisq the difference being that that RoboSats employs the Lightning Network whereas Bisq facilitates only on-chain Bitcoin payments.
Reddit Cash 4 Cash
Use this P2P method for:
Exchanging Crypto to Fiat/Crypto/GiftCards✅
Exchanging Fiat to Crypto/Fiat/GiftCards✅
The third and last method is through the subreddit called Cash4Cash. I don’t recommend this for the paranoid; as scammers also use this service and you need to be careful.
Read up on all the instructions in the link above. There’s a sidebar within the Subreddit which has information.
The way this one works is that someone offers a trade, whether it be Crypto or Fiat, and you agree to trade with them.
I should warn you, that scammers will message you. You need to check multiple times that you are dealing with the correct person. There are tips in the Subreddit sidebar for this.
I have made a few successful trades here.
But again for the third time, don’t be lax with this one, or you will get burnt. Scammers DO pose as trusted community members, and I had a few scammers reach out to me. Even for the sake of $100-$200, you best believe they will try.
Note that these are mostly US traders, so if you are trading for Gift Cards, the gift cards are usually geo-locked to their purchased store country. There are some ways around this such as a VPN, but it’s outside of the scope of this document.
Finally…
And that’s it, If you want any more information drop me a link below, or reach out to me through my blog https://lostcove.tech
