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
| Platform | Key Points |
|---|---|
| Bybit | |
| Bitrue | Bitrue is a cryptocurrency exchange that offers low fees, staking, and a wide selection of digital assets. |
| Switchere | A simple platform for purchasing cryptocurrency with credit/debit cards or bank transfers. |
| BingX | A global cryptocurrency exchange offering spot trading, futures, and derivatives. Known for low fees. |
| dYdX | A decentralized exchange focused on derivatives, margin trading, and advanced trading tools. |
| Margex | A crypto exchange with leverage trading, offering a straightforward interface and competitive fees. |
| MEXC | A global crypto exchange providing spot, futures, and margin trading, with a focus on low fees and high liquidity. |
| Changelly | A user-friendly platform offering seamless crypto-to-crypto and fiat-to-crypto exchanges. |
| CoinEx | A global cryptocurrency exchange offering spot trading, margin trading, and advanced financial products. |
| PrimeXBT | Best Non Kyc Exchange For Buy Solana |
| SimpleSwap | Best Non Kyc Exchange Direct Purchase |
| BYDFi | Best Non-Kyc Exchange Direct Purchase |
12 Best Exchanges To Buy Solana Without KYC
1.Bybit
Bybit is one of the first exchanges people look at when wanting to buy Solana (SOL) since they don’t have a mandatory KYC for basic trading access. Founded in 2018, Bybit boasts support for a range of cryptocurrencies like SOL, BTC, ETH and USDT.
Users can deposit funds either through crypto or fiat via third party providers like Banxa, MoonPay and Advcash which allow local payments through bank transfers or credit/debit cards. Withdrawals are done in crypto with daily limits for unverified users accounts. For privacy-focused buyers of Solana, Bybit offers spot and P2P trading alongside strong security features, an easy to navigate platform and around the clock customer support.
2. Bitrue
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3. 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.
4.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.
5.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.
6. 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.
7. 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.
8. 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.
9.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:
10. 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.
11. 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.
12. 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.
