why kycnot.me?
+Cryptocurrencies were created to revolutionize the way we pay for goods and services, aiming to eliminate + reliance on centralized entities such as banks and governments that control our economy.
-Exchanges that enforce KYC (Know Your Customer) and AML (Anti-Money Laundering) rules operate similarly to - traditional banks. Users are required to provide identification, such as a photo of their ID, to use these - exchanges. Moreover, most of these exchanges are centralized, meaning that users do not own their keys. In - short, this implies that the cryptocurrencies belong to the exchange and not the user. These requirements - contradict the decentralized nature of cryptocurrencies.
+Exchanges that enforce KYC (Know Your Customer) and AML (Anti-Money Laundering) rules operate similarly + to + traditional banks. Users are required to provide identification, such as a photo of their ID, to use + these + exchanges. Moreover, most of these exchanges are centralized, meaning that users do not own their keys. + In + short, this implies that the cryptocurrencies belong to the exchange and not the user. These + requirements + contradict the decentralized nature of cryptocurrencies.
-With KYCNOT.ME, I hope to provide people with trustworthy alternatives for buying, exchanging, trading, and - using cryptocurrencies without having to disclose their identity. This preserves the essence of - cryptocurrencies, which is decentralized and self-governed.
+With KYCNOT.ME, I hope to provide people with trustworthy alternatives for buying, exchanging, trading, + and + using cryptocurrencies without having to disclose their identity. This preserves the essence of + cryptocurrencies, which is decentralized and self-governed.
+what's KYC?
+KYC stands for "Know Your Customer", a process designed to + protect financial institutions against fraud, corruption, money laundering and terrorist financing. + Or at + least this is what they want you to believe.
+The truth is that KYC is a threat to our freedom. KYC is a direct attack on our privacy and puts us + in + disadvantage against the governments. True criminals don't care about KYC policies. True criminals + know + perfectly how to avoid such policies. In fact, they normally use the FIAT system and don't even need + to + use cryptocurrencies. Banks are the biggest money launders, the HSBC + scandal, Nordea or + Swedbank + are just some examples.
+KYC only affects small individuals like you and me. It is an annoying procedure that obligates us to + hand our + personal information to a third party in order to buy, use or unlock our funds. We should start + boycotting + such companies. We should start using decentralized exchanges and decentralized wallets. We should + start + using cryptocurrencies as they were intended to be used.
+other acronyms of interest
+-
+
- AML: Anti-Money Laundering +
- CFT: Combating the Financing of Terrorism +
- SoF: Source of Funds +
- ToS: Terms of Service +
why only Bitcoin and Monero?
+Bitcoin: it is the most well-known cryptocurrency. It's widespread and has the biggest + market capitalization of all cryptocurrencies.
+Monero: if digital cash was to exist, it should be like Monero. Fungible, private by + design, + fast and pretty low fees. Also, one of the oldest cryptocurrencies around.
+No other currencies will be added. Most sites listed here also accept other cryptocurrencies, such as + Ethereum or Litecoin.
+listings
+request
+You can request a new listing by visiting the Request page.
+ +what is an attribute?
+An attribute is a feature that a service has. An attribute can be either good, a warning, bad or + informational. Attributes are not limited, the list of attributes will grow if needed, you can see a + full list of the attributes available on the Attributes page.
+You can click on any point to see a detailed description of what it means. The point page also shows all + the listings that have that point. This is also a useful way to find listings that have a specific + feature.
+ +search
+ +Filtering services in kycnot.me is very easy. In the main page, you will see 3 possible filters:
+ +-
+
- Type filter: Lets you choose between seeing all the listings (default), only exchanges, or + only services. +
- Search bar: The search bar is the most powerful filter. You can use it to perform a full-text + search on the listings. The search will look for the text you enter in the name, description, + keywords and category. The search is not case-sensitive. +
- Currency filter: Lets you choose between seeing all the listings (default), only listings + that accept a certain currency. If you choose more than one option, it will show all the listings + that accept all of the selected currencies. +
scoring
+ +Each listing has a score that is calculated based on the attributes that it has. The score does not + reflect how good an exchange is overall, but it seeks to give a score in relation to its KYC practices. + An exchange could have an awful UI/UX, but if it is very NO-KYC friendly, it will still get a high + score.
+ +order
+ +The listings are sorted in a decreasing order by score. For listings that share the same score (tie), the + order is random every time within that score range.
+terms of service auto-reviews
+ +KYCnot.me offers an automated tool that reviews the Terms of Service (ToS) for various services. This + tool utilizes AI models to analyze the ToS text, extracting key points and presenting them in simple, + plain English. The aim is to make understanding the ToS for any service easier and more straightforward. +
+ +For this, I am using OpenAI's GPT4-turbo model, which proved to be the most reliable and provides the + best results.
+ +Important note: This automated tool is not perfect, it may detect false positives, or non-relevant + lines. But, overall, it returns reliable and good results.
+kyc Levels
+ ++ KYCnot.me has a KYC level system. These levels allow you to quickly identify the kind of KYC practices a + service may have. There are 4 levels going from 0 to 3. The higher the level, the more invasive the KYC + practices are. You can click on the level on the service page to see a detailed description of what + it means. +
+verification
+ +You will see that some services show a double blue tick. This means that the service has been tested + personally by me.
+ +To check the service, I make a trade on the site, or test the service manually. With this, I can verify + that the service does not perform KYC practices on regular basis, and that it is not a scam, at least at + the time of the verification.
+ +These checks are done randomly and without prior notice to the service. For this reason, and as the list + is in constant growth, not all services have been verified yet and it takes me some time to verify them. +
+ +A verified service does not mean that the service is safe to use blindly, it just means that at the time + of the verification, the service was not performing KYC practices on regular basis, and that it was not + a scam. It is still recommended to do your own research before using any service.
+(nostr) comments
+ +Each service has a dedicated comments article. The comments are suppored by Nostr, a decentralized structured data sharing protocol used to + build social networks.
+ +> Visit this page for a simple and quick introduction to + Nostr.
+ +To comment on a service's page, you just need a Nostr private key and a secure nostr + siging extension (nip-07) for logging in. I recommend using Alby or nos2x
+what is KYC?
-KYC stands for "Know Your Customer", a process designed to - protect financial institutions against fraud, corruption, money laundering and terrorist financing. Or at - least this is what they want you to believe.
-The truth is that KYC is a threat to our freedom. KYC is a direct attack on our privacy and puts us in - disadvantage against the governments. True criminals don't care about KYC policies. True criminals know - perfectly how to avoid such policies. In fact, they normally use the FIAT system and don't even need to - use cryptocurrencies. Banks are the biggest money launders, the HSBC - scandal, Nordea or Swedbank - are just some examples.
-KYC only affects small individuals like you and me. It is an annoying procedure that obligates us to hand our - personal information to a third party in order to buy, use or unlock our funds. We should start boycotting - such companies. We should start using decentralized exchanges and decentralized wallets. We should start - using cryptocurrencies as they were intended to be used.
-Other acronyms of interest
--
-
- AML: Anti-Money Laundering -
- CFT: Combating the Financing of Terrorism -
- SoF: Source of Funds -
why only Bitcoin and Monero?
-Bitcoin: it is the most well-known cryptocurrency. It's widespread and has the biggest - market capitalization of all cryptocurrencies.
-Monero: if digital cash was to exist, it should be like Monero. Fungible, private by design, - fast and pretty low fees. Also, one of the oldest cryptocurrencies around.
-No other currencies will be added. Most sites listed here also accept other cryptocurrencies, such as - Ethereum or Litecoin.
-Listings
-Request
-You can request a new listing by visiting the Request page.
- \ No newline at end of file +