11 Best Exchanges To Buy Solana Without KYC

This article will discuss the Best Exchanges To Buy Solana Without KYC.

With such platforms, you can receive your Solana (SOL) without having to undergo lengthy verification processes.

These exchanges are ideal for both experienced and inexperienced investors wanting to purchase Solana without revealing their identities since they provide a streamlined approach.

Key Point & Best Exchanges To Buy Solana Without KYC List

11 Best Exchanges To Buy Solana Without KYC

1. Bitrue

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2. Switchere

Switchere, one of the best exchanges to buy Solana (SOL), easily bypasses the KYC requirements effortlessly.

Users can easily purchase crypto with a simple and fast platform without going through any identity checks.

There is no hassle in contacting banks, and users can instantly buy Solana tokens.

Switchere appears to be a great choice for clients that are seeking privacy and anonymity while trading cryptocurrencies.

Pros & Cons Of Switchere

Pros:

• Easy to understand and navigate through.
• Multiple cryptocurrency options.
• Transaction fees are better than a few competitors.

Cons:

• Some regions have limited payment options.
• There is no mobile APP to trade on.
• Popular tokens have better liquidity than the less popular ones.

3.BingX

Solana (SOL) can be purchased from BingX, which is regarded as the best exchange that does not require KYC validation.

Their fees are minimal, allowing you to pay through crypto deposits or credit cards and a range of other methods.

As no identity verification is necessary, Solana can be bought and sold easily and with privacy.

Due to its low level of complexity, many individuals looking to buy crypto appreciate its convenience and privacy.

Pros & Cons Of BingX

Pros:

• Has the feature of copy trading for non experienced users.
• Has a competitive trading fee and also spreads out prices.
• Large range of different cryptos.

Cons:

• Their customer support is a bit slow.
• Their trading features are not that advanced.
• Services offered are different from region to region.

4.dYdX

Solana (SOL) is available for purchase through dYdX without any KYC verification, making dYdX one of the best Solana, KYC free exchanges.

It is a practice that most of their users have embraced since dYdX has live trading functionalities, which means they can buy and sell cryptocurrencies seamlessly without requiring verification.

dYdX has low fees and also offers a professional-looking interface, including advanced order execution options, which appeals to users who are not looking to go through the KYC process whilst buying Solana.

Pros & Cons Of dYdX

Pros:

• Advanced trading options for derivatives.
• High leverage in margin trading.
• Depositing and withdrawing have no costs.

Cons:

• For effective trading, one has to be knowledgeable.
• During high network periods, gas fees increase a lot.
• They have a limited time for customer support.

5. Margex

Margex offers an excellent service for buying Solana (SOL) without KYC verification.

This platform allows instant cryptocurrency purchases utilizing methods like credit cards and crypto transfer while ensuring security.

Contact details and KYC information are not mandated, so your privacy will be upheld.

Its user-friendly interface and affordable prices are supplementary, making it the best platform for purchasing Solana without hassle.

Pros & Cons Of Margex

Pros:

• Trading has higher leverage options.
• Their latency is low, but the execution is quick.
• Several security features like cold storage.

Cons:

• The amount of coins available is quite low.
• When leverage trading, fees are quite high.
• Depositing with fiat currency is not an option.

6. MEXC

MEXC is a trustworthy platform for purchasing Solana (SOL) without needing KYC.

The exchange allows its clients to utilize different buying options, such as crypto and credit card deposits, making the process much easier.

MEXC offers all of its users a valuable anonymity service by not requiring verification while issuing transactions; hence, buying Solana becomes effortless.

With many trading tools and low fees, MEXC has become a great place to buy Solana with privacy in mind.

Pros & Cons Of MEXC

Pros:

• A variety of assets and tokens can be used.
• Spot and futures trading is available.
• Active day traders will have lower fees.

Cons:

• Too few methods of fiat deposits.
• Slow responses from customer support.
• The interface may be complicated for new users.

7. Changelly

Changelly allows the exchange of Solana (SOL) without KYC verification, making it hassle-free with its user-friendly interface.

Small transactions of buying Solana can be easily made with credit cards or via the bank transfer option.

The anonymity Changelly ensures is a great incentive for users looking to buy crypto at low fees and a fast speed.

With no identity verification needed for Chongelly, it becomes even more appealing.

Pros & Cons Of Changelly

Pros:

• Exchanges for cryptocurrency take place in a matter of minutes and are safe.
• Multiple payment options are accepted.
• The interface is easy and straightforward.

Cons:

• Fees are higher than on several online exchanges.
• Almost no capabilities for charting and analysis.
• There’s no option to place advanced trades.

8.CoinEx

CoinEx is a leading non-KYC exchange that offers Solana (SOL). CoinEx offers multiple options for purchasing crypto, including credit card deposits.

Additionally, if you want to buy Solana swiftly and effortlessly while keeping your identity secured, CoinEx has your back. They allow smaller transactions to be executed without any verification, remaining non-intrusive to the user.

As a result, not only do they remain in complete compliance, but they also have some great fees. Overall for someone wanting to purchase Solana, CoinEx is an exceptional option to consider.

Pros & Cons Of CoinEx

Pros:

• Allows to trade various kinds of cryptocurrencies.
• Reasonable transaction fees and a loyalty program.
• Very small amounts can be withdrawn without KYC processes.

Cons:

• There are a few fiat-to-crypto trading options available.
• Issues regarding security have occurred in the past.
• Withdrawals that do not involve KYC checks are restricted.

So, you’re interested in investing in Solana and aren’t willing to put yourself through extreme KYC checks. Here’s all the information you might need to help you purchase Solana (SOL) without going through KYC:

9. PrimeXBT

No verification checks are required to purchase Solana through the PrimeXBT platform.

PrimeXBT’s interface is easy to grasp and includes crypto, off-exchange, and margin trading alongside other features.

Because this platform values your identity, PrimeXBT allows you to deposit and withdraw through USDT, Ethereum, and Bitcoin. Solid traceable transactions also support this platform’s low-fee system.

However, one downside is that apart from cryptocurrencies, if you wish to purchase using fiat currencies, you might be required to verify your identity, which may annoy some people.

But don’t worry, it is perfect if you’re an experienced trader. For these reasons, PrimeXBT is one of the most well-known and trustworthy platforms on which to purchase Solana’s crypto.

PrimeXBT Pros & Cons

Pros:

• No KYC requirements are needed for crypto deposits or withdrawals.
• Provides advanced trading options, including leverage, that are available even at 1:100.
• Well-secured and quick transactions at minimal fees.
• Supports multiple cryptocurrencies like SOL as well.

Cons:

• Does not permit KYC verifications for fiat currency support.
• Has advanced trading options thus not ideal for first-time users.
• While remaining anonymous users have withdrawal limits.

10. SimpleSwap

No KYC checks are needed in order to buy Solana from SimpleSwap. This exchange is one of the easiest to buy and sell Solana if you seek anonymity.

SimpleSwap also has a user-friendly interface that supports multiple platforms, including Sol.

The seamless integration allows users not to create multiple accounts to make multiple transactions and eliminates KYC checks.

The streamlined process, alongside avoiding unnecessary steps, allows the transactions to have better exchange rates.

Because SimpleSwap does not require users to identify themselves, it provides a better alternative for privacy-oriented individuals who are trying to buy and sell Solana easily.

SimpleSwap Pros & Cons

Pros:

• General crypto swaps do not require registration or KYC.
• Easy to navigate for instant exchange services.
• Wide selection of cryptos including but not limited to SOL.
• Fast transactions with reasonable rates.

Cons:

• No advanced trading options, such as futures, nor do they offer leverage.
• Their rates and liquidity are provided by third parties.
• Little control, which isn’t ideal for high-volume traders.

11. BYDFi

BYDFi is a relatively new exchange that allows users to purchase Solana without going through rigorous KYC checks.

It enables easy trading with good optimal conditions like fast order fulfillment and low fees.

Also, BYDFi restricts the amount that can be withdrawn for no-KYC accounts, but all the basic trading functionalities can still be enjoyed.

The site allows trading in perpetual futures, spot, and leveraged options in a variety of cryptos, including SOL.

For traders who want to buy Solana quickly and without being fussed over, BYDFi has the versatility needed for users concerned with privacy.

BYDFi Pros & Cons

Pros:

• Basic trading and small withdrawals do not need KYC verification.
• Quick order execution with great liquidity.
• Provides support for Solana, spot trading, and futures with leverage.
• Has an intuitive interface that’s easy for new users and experts.

Cons:

• Non-KYC accounts have withdrawal limits applicable.
• Increased features without identity verification are restricted.
• For larger amounts or a fiat integration, a KYC may be needed.

Why Choose the Best Exchanges To Buy Solana Without KYC

Privacy Protection 

With no KYC process, traders can carry out trades anonymously and their personal information is protected.

Faster Transactions 

Avoid a lengthy KYC procedure to make purchases and withdrawals more quickly.

Accessibility 

Companies that want to avoid disclosing personal information or people from countries with strict KYC regulations are welcome.

Convenience 

Provides a direct and easy approach to the purchase of Solana in different ways.

Avoiding Data Risks 

Makes it less likely to be exposed to malicious hacking of personal and financial details.

Conclusion

To summarize the entire situation, getting Solana (SOL) from an exchange without KYC requirements has various benefits, such as increased anonymity, faster purchases, and more access to different things.

Not requiring any form of identity verification, users are able to efficiently and safely trade Solana without any friction.

Whether it is for privacy or comfort, those exchanges act as a great help to individuals who wish to buy Solana without waiting for a document verification process to be completed first.