<p>Most exchanges need your identity information. If you do not want to submit that information, your best bet is face to face or OTC trading with other bitcoiners. If you build up a good reputation trading OTC, then you can trade freely with trusted contacts, but the amounts you can trade will probably be smaller, and at a premium.</p>

CC BY-SA 3.0
2016-02-04T20:38:27.937Z
2016-02-04T20:38:27.937Z
Francois
<p>Online fiat exchanges can be heavily regulated. To avoid this inconvenience, when you are for example just buying small amount, you can buy over the counter from a friend. Simply send or give the fiat to a friend and recieve the bitcoin.</p>

<p>Another method is to use a bitcoin cash machine.</p>

<p>Good luck!</p>

CC BY-SA 3.0
2016-02-05T02:06:57.077Z
Bitcoin ATMs often require a mobile phone number for verification of identity.
Nayuki
CC BY-SA 3.0
2016-02-04T20:45:17.553Z
2016-02-04T20:45:17.553Z
Anlhord Smithson
<p>No U.S. exchange. <a href="https://btc-e.com/">Btc-e</a> does not but they will not do business with U.S. banks. <a href="https://coinbase.com/">Coinbase</a> does not have an extensive verification process, but they are technically not an exchange, and to buy or sell bitcoins through their service you have to link a U.S. bank account which for all intents and purposes is the same thing as verification. </p>

<p>Due to the <a href="https://en.wikipedia.org/wiki/Patriot_Act">patriot act</a> any currency exchange doing business with the U.S. has the burden of proving that they are not laundering money for terrorists. </p>

CC BY-SA 3.0
2013-11-15T18:10:59.847Z
2013-11-15T18:10:59.847Z
Loourr
<p>Are there bitcoin exchanges that do not require an extensive verification process to begin trading? I do not want to submit forms on MtGox.</p>

<exchanges>
Are there bitcoin exchanges that do not require an extensive verification process?
Garreh
# Are there bitcoin exchanges that do not require an extensive verification process?

(Asked by: username_0 on 2013-11-15)

Are there bitcoin exchanges that do not require an extensive verification process to begin trading? I do not want to submit forms on MtGox.

**Tags:** exchanges


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## 3 answers

### Answer by username_4 on 2013-11-15. Score: 5 | Accepted answer

No U.S. exchange. [Btc-e](https://btc-e.com/) does not but they will not do business with U.S. banks. [Coinbase](https://coinbase.com/) does not have an extensive verification process, but they are technically not an exchange, and to buy or sell bitcoins through their service you have to link a U.S. bank account which for all intents and purposes is the same thing as verification.

Due to the [patriot act](https://en.wikipedia.org/wiki/Patriot_Act) any currency exchange doing business with the U.S. has the burden of proving that they are not laundering money for terrorists.


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### Answer by username_1 on 2016-02-04. Score: 1

Most exchanges need your identity information. If you do not want to submit that information, your best bet is face to face or OTC trading with other bitcoiners. If you build up a good reputation trading OTC, then you can trade freely with trusted contacts, but the amounts you can trade will probably be smaller, and at a premium.


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### Answer by username_2 on 2016-02-04. Score: 0

Online fiat exchanges can be heavily regulated. To avoid this inconvenience, when you are for example just buying small amount, you can buy over the counter from a friend. Simply send or give the fiat to a friend and recieve the bitcoin.

Another method is to use a bitcoin cash machine.

Good luck!

> **Comments:**
> **username_3**: Bitcoin ATMs often require a mobile phone number for verification of identity.  

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