How to Convert Bitcoin to Stablecoins without KYC by Arpit Agarwal Feb, 2022

High liquidityVast selection of more than 400+ coinsA bit technical for new usersPoor customer supportVery limited withdrawal for non KYC membersCustody — cold storageControl — white lists2-factor authentication and high-end encryption technology, ensuring that trading is safe and secureHigh liquidityAdvanced trading platformVast selection of more than 800+ coin pairsSecureA bit technical for new usersSlow customer supportNo mobile appHigh liquidityLow trading feesVast selection of more than 500+ coin pairsPoor user reviewsTechnical for new usersNot licensed in the USHigh liquidityLow trading feesHigh-speed withdrawalSecureNo fiat supportLimited customer supportHigh liquidityLow trading feesMore than 250 coins supportedHistory of hacks and legal troublePoor customer supportDecentralizedOpen SourceLow trading feesLow LiquidityNot for active tradersDecentralizedHigh liquidityUser-friendly designNo registration neededOnly swap ERC-20 tokensScammers and fake coins

Despite the growing scrutiny and increased regulations, there are still ways to trade cripto assets without undergoing KYC.

While the withdrawals are capped for unverified users, some exchanges do offer a decent daily withdrawal limit.

CoinEx, KuCoin, HitBTC, Poloniex are all great options to convert bitcoin to stablecoins that offer high liquidity and a decent daily withdrawal limit but the user experience can get technical for new users.

Huobi is another good exchange that offers abundant coin options and good liquidity but the daily withdrawal limit is rather low.

Decentralized exchanges such as Bisq do not have any caps or limits in their withdrawal but do suffer from low liquidity. Uniswap on the other hand offers great liquidity but only allows ERC20 token swaps and is susceptible to scams.