Best way to exchange one coin to another ?

[reagansimms]

If you are hesitant to use a exchange platform that requires KYC, why not try the options that have been recommended on the forum, aren't they trustworthy?

There's a platform called OrangeFren that offers you instant swap options. It's an aggregator actually. It has an announcement thread here on the forum. The creator is both active and trusted.

I always prioritize convenience rather than complicating myself in finding an exchange that is considered more appropriate for making exchanges, as long as the transaction is fast and easy, it doesn't matter to me if I have to go through the KYC process. In addition, transaction costs are also a consideration.
I've never used Orangefren, it seems very interesting to try it judging from @Darker45 explanation.

[Darker45]

There's a platform called OrangeFren that offers you instant swap options. It's an aggregator actually. It has an announcement thread here on the forum. The creator is both active and trusted.

I always prioritize convenience rather than complicating myself in finding an exchange that is considered more appropriate for making exchanges, as long as the transaction is fast and easy, it doesn't matter to me if I have to go through the KYC process. In addition, transaction costs are also a consideration.
I've never used Orangefren, it seems very interesting to try it judging from @Darker45 explanation.

I'm afraid you're contradicting yourself somehow. You're unknowingly inviting convenience precisely because you "always prioritize convenience". What you may consider "complicating myself" could precisely be the must-do in order to avoid inconveniences, unforeseen and not.

If you go to OrangeFren, for example, to swap BTC with XMR, the number 1 exchange that's suggested is Quickex. Convenience might tell you to go with the top recommended without "complicating myself". What could go wrong with the swap platform that's labeled best in OrangeFren, right?

Well, everything. They could freeze your transaction. They could keep your funds. You could suddenly be asked to undergo KYC. Furthermore, they aren't even their own liquidity provider, has a private source code, and so on. Even getting back your own money may require KYC.

[traderethereum]

What instant swaps you already found? Can you tell us? If you checked on BestChange site, you will find many instant exchange that can help you. From the list, you don't have going through any KYC because you only use your wallet address.

If your concern is lower transaction fees, I think that is almost the same from one exchange to another. If you want to swap $1,000 but you only want to pay less than $1 for the transaction fees, that will not easy to find the exchange. If the fee is not more than $5 while you want to swap $250 or more, I think that will not be a problem.

[OcTradism]

What instant swaps you already found? Can you tell us? If you checked on BestChange site, you will find many instant exchange that can help you. From the list, you don't have going through any KYC because you only use your wallet address.

Which Bestchange?

Honestly, I knew of Bestchange but the basic rule when introducing about any platform is to share a full domain link so that people who need help can be directed to an official site without any search and this can eliminate phasing risk.

If you only share a platform name and the person must search for a website link, there will be risk of finding phasing sites.
Officially visit websites & download apps, not fake ones.

[libert19]

All I can tell you is you must get ETH mainnet somehow from your BTC and once in Ethereum ecosystem, it's easy to move between chains and swap on dexes without kyc. Getting stablecoins should be easy like that, you didn't mention which other altcoin you were looking to swap to?

.. If you checked on BestChange site, you will find many instant exchange that can help you. From the list, you don't have going through any KYC because you only use your wallet address.

Instant exchanges not that safe these days, they can freeze your funds and ask for kyc.

[AVE5]

If you are scared of passing kyc why not use forum trade where someone send you the coin needed and you send them BTC in returns to bycut kyc. For me, I don't fully focused on decentralized exchange as it is more of those who deals with altcoin, for long I have never associated myself with altcoin so I it's only BTC to usdt and trade is simple.

Nice suggestion but I'd recommend this to be more interesting to the fellow forum users who lives in crypto unfriendly environments where regulatory policies seem tough for crypto users in terms of buying bitcoin or other cryptocurrencies.
Swapping of bitcoin to other coins should be a self service by themselves because there're decentralized exchanges such as Cake Wallet and others being mentioned by other users on their suggestions which enables oneself to swap bitcoin to any other coins without a third party neither the requirements of kyc as he pleads

[Strongkored]

BTW, I haven't heard anyone suggest Atomic Swap.
From what I've heard, it's safe to swap your coins without intermediaries and without KYC.
Is someone still using this until now?

Atomic swap using their wallet? I remember the fee was very high and that was the reason I no longer use their wallet for anything, but I don't know for now, because I did that maybe about two years ago.
We know KYC is very unpleasant, if the coin that Op wants to swap isn't a big amount, he can search for it in the crypto community in his area and do P2P with people he can trust.

[pawanjain]

There's a platform called OrangeFren that offers you instant swap options. It's an aggregator actually. It has an announcement thread here on the forum. The creator is both active and trusted.

I always prioritize convenience rather than complicating myself in finding an exchange that is considered more appropriate for making exchanges, as long as the transaction is fast and easy, it doesn't matter to me if I have to go through the KYC process. In addition, transaction costs are also a consideration.
I've never used Orangefren, it seems very interesting to try it judging from @Darker45 explanation.

I'm afraid you're contradicting yourself somehow. You're unknowingly inviting convenience precisely because you "always prioritize convenience". What you may consider "complicating myself" could precisely be the must-do in order to avoid inconveniences, unforeseen and not.

If you go to OrangeFren, for example, to swap BTC with XMR, the number 1 exchange that's suggested is Quickex. Convenience might tell you to go with the top recommended without "complicating myself". What could go wrong with the swap platform that's labeled best in OrangeFren, right?

Well, everything. They could freeze your transaction. They could keep your funds. You could suddenly be asked to undergo KYC. Furthermore, they aren't even their own liquidity provider, has a private source code, and so on. Even getting back your own money may require KYC.

What do you suggest we should be doing in that case? Even I visited the site and tried finding out which exchange should one use.
My best guess was to go for those which are "fully guaranteed by OrangeFren".
May be even they can ask for KYC in case of any dispute but I guess the chances should be low.
According to you what would be the best case to exchange the coins if we want to avoid KYC.

[Quickex Exchange]

If you go to OrangeFren, for example, to swap BTC with XMR, the number 1 exchange that's suggested is Quickex. Convenience might tell you to go with the top recommended without "complicating myself". What could go wrong with the swap platform that's labeled best in OrangeFren, right?

Well, everything. They could freeze your transaction. They could keep your funds. You could suddenly be asked to undergo KYC. Furthermore, they aren't even their own liquidity provider, has a private source code, and so on. Even getting back your own money may require KYC.

You're right, we may request KYC and we're not trying to hide this fact. We don't accept 'dirty' coins. Money laundering is a serious crime that may result in big problems for a crypto exchanging service. Remember what happened to eXch?

What do you suggest we should be doing in that case? Even I visited the site and tried finding out which exchange should one use.
My best guess was to go for those which are "fully guaranteed by OrangeFren".
May be even they can ask for KYC in case of any dispute but I guess the chances should be low.
According to you what would be the best case to exchange the coins if we want to avoid KYC.

You are welcome to use Quickex! If you are concerned about KYC - please, contact our support team to check your wallet address before an exchange. We are also working on a cashback program, check it out https://quickex.io/cashback

[Potato Chips]

You are welcome to use Quickex! If you are concerned about KYC - please, contact our support team to check your wallet address before an exchange. We are also working on a cashback program, check it out https://quickex.io/cashback

I have a question about a hypothetical scenario.

Suppose there was nothing suspicious found during an address check—I'm guessing we can request checks for receiving and sending addresses—does this mean, it's pretty much sealed that there will be no KYC requests when doing an exchange using the said address/es? or does it just lower the risk?

[slaman29]

I have a question about a hypothetical scenario.

Suppose there was nothing suspicious found during an address check—I'm guessing we can request checks for receiving and sending addresses—does this mean, it's pretty much sealed that there will be no KYC requests when doing an exchange using the said address/es? or does it just lower the risk?

Thanks for asking this question, I also want to add on a follow up I hope its OK?

OP: And does the wallet require checking every time you make a deposit and withdrawal? Or does it immediately become whitelisted. I'm guessing it needs to be checked every single time, but if this is the case, couldn't it just be done as part of automatic services?

As in, we submit an address and it's checked, and then once clear, its available for 24 hours or until next tx involves the address?

[yhiaali3]

BTW, I haven't heard anyone suggest Atomic Swap.
From what I've heard, it's safe to swap your coins without intermediaries and without KYC.
Is someone still using this until now?

Indeed, "atomic swaps" are secure, decentralized, and free of intermediaries and "know your customer." Swaps can be conducted across multiple chains without the need for centralized platforms. There are decentralized exchanges that support atomic swaps, such as Atomic Swap, Uniswap, or 1inch.

But I don't know why they haven't gained widespread popularity. Perhaps because they are a bit complex for beginners to understand, and also because atomic swaps are not supported across all blockchains and pose some privacy risks.

[Cryptmuster]

How about some cex market? Mexc has no KYC and been able to use that exchange for trading any coins and tokens without doing any identity proof even memecoin trading is allowed there. Regarding low transaction fee I barely noticed it. But if you are looking for dex then theres uniswap, 1inch, pancake and many more.

In recent weeks there has been a lot of negativity around Mexc because there are hundreds of users who got blocked without a clear explanation of why it happened. There are cases of accounts being blocked even after deposits of $20 $100 $500 and so on. So even though Mexc is currently an exchange without mandatory KYC they still have a lot of account bans. In my opinion BingX is still more or less okay for these purposes. But when it comes to BingX I think there is always a risk of your account being blocked. So either use trusted exchangers or split your funds into smaller parts, and try to do it through CEX without KYC.

[Uruhara]

I have been looking for options to exchange one coin to another and so I want you guys' suggestions on which service is the best currently.
I came across instant swaps and would be looking to explore it if there's no other best way to do it.
I am looking to exchange BTC to stable coin and altcoin and vice versa without going through any KYC.
In case you guys have used any swaps which offers lower transaction fees then let me know.

One option I have got is Orangefren which I found out from the below thread
Is it just me or are instant swap services getting worse in 2025?

I don't know if this is the best or not. But sometimes when I'm too lazy to send my coins to Cex, sometimes I exchange my coins via the hot wallet that I use, such as Safepal, which has a swap menu which is quite easy and quite instant too, I think. Even though it actually involves another Dex, it's quite easy to do because it comes directly from our Hot wallet.

And maybe in other wallets such as Trust wallet it can also be done. I had this experience when I sometimes got some coins or tokens that came from rewards I received after working on an airdrop or testnet. And sometimes some tokens or coins whose network is already available in the wallet can be directly exchanged for other coins or other tokens quite easily and quite instantly without having to open a dex or something like that. I have done this several times via the swap menu in Safepal. But sorry if my answer is actually not what you expected.

[Mpamaegbu]

For cryptocurrencies that are listed in DEX, I will always recommended trusted DEX like Uniswap, 1inch, PCS and others since they do not require KYC. But you just have to be sure you are using the right contract address and visiting the right website else you will be doomed.

I think the CA thing is general with all Dexs, and that's because traders have to do the sieving of tokens by themselves; not like what we've on Cexs where the exchanges do the sieving themselves. Dexs aren't that safe when it comes to getting right tokens because anyone can get their tokens listed once trading volume and other metrics are right, even if they're scam tokens.

If you don't want to submit KYC, you can use MEXC but pay attention to the limits for none KYC withdrawals.

It's like I'm destined not to have a MEXC account, honestly. On few occasions that I've tried to open an account there, I couldn't go past the first page. I don't know what could be the cause.

[shinratensei_]

For cryptocurrencies that are listed in DEX, I will always recommended trusted DEX like Uniswap, 1inch, PCS and others since they do not require KYC. But you just have to be sure you are using the right contract address and visiting the right website else you will be doomed.

I think the CA thing is general with all Dexs, and that's because traders have to do the sieving of tokens by themselves; not like what we've on Cexs where the exchanges do the sieving themselves. Dexs aren't that safe when it comes to getting right tokens because anyone can get their tokens listed once trading volume and other metrics are right, even if they're scam tokens.

DEX is pretty safe if you only use verified contract, usually the coin listed on DEX that don't need adding custom contract is verified by them.
If you interact with unknown token's contract they'd give warning beforehand.

For stablecoin that OP is looking to swap, it's usually verified in almost every DEX.

[Mpamaegbu]

~snipped~

DEX is pretty safe if you only use verified contract, usually the coin listed on DEX that don't need adding custom contract is verified by them.

No one is saying Dexs aren't safe if verified contracts are interacted with because of scammers. We don't have anyone worrying about all that CA stuff with Cexs, do we? That's what I tried to point out there. You and I may not have the figures on the percentage of investors and traders who've interacted with wrong CAs and lost funds. I've personally had those who came complaining to me on that and most of them are new entrants into the crypto industry. A lot of them used PCS (PancakeSwap). It cuts across all Dexs, not just with PCS.

[Oshosondy]

How about some cex market? Mexc has no KYC and been able to use that exchange for trading any coins and tokens without doing any identity proof even memecoin trading is allowed there. ..

It is possible that the rules have recently been changed on MEXC, as I recently registered an account on this exchange and could not start trading until KYC was completed. This also happens on other exchanges that previously did not require verification.

Maybe different counties have different rules on MEXC because I am using the exchange and I do withdraw and deposit on the exchange till recently and KYC is not yet mandatory.

Only what I can not do on MEXC is fiat trading.

[Aanuoluwatofunmi]

In my own case, i have been using the exchange services in doing this, because there i have some of my coins which i may want to exchange to fiat or to another digital asset, so i don't bother in going too much in search of other platforms that could render the same thing they can do, even though to consider on their service fee, its something not encouraging to that extent depending on the networks, but still far better than the fist exchange system.

[justdimin]

I am looking to exchange BTC to stable coin and altcoin and vice versa without going through any KYC.
In case you guys have used any swaps which offers lower transaction fees then let me know.

Most people are right about this. We should be seeing exchanges to do this, or at the very worst case, DEX, which is sort of an exchange anyways. I get that it may not be looking that great at the moment but it is not really that complicated to use neither.

Right now, places like binance, helping people out, is very important. If the coin or the token you are looking to trade, isn't on binance, chances are, it's a terrible project to begin with. Because anything good is at binance already, it even has some bad ones and small volume ones as well. But, when it comes to anything outside of it, there is really nothing that you can use to make it work even better. So, just use that and be happy with what you have is strong enough.