When you hear Garantex, a peer-to-peer cryptocurrency exchange that operates without mandatory identity verification. Also known as Garantex.io, it's one of the few exchanges that still lets users trade Bitcoin, Ethereum, and other tokens without submitting government ID. Unlike most platforms that demand KYC paperwork, Garantex built its model on privacy and accessibility—especially for users in regions with strict financial controls or unstable banking systems.
Garantex isn’t just another exchange. It’s a non-KYC exchange, a type of platform that prioritizes user anonymity over regulatory compliance, which makes it attractive to traders who want to avoid identity checks. It supports P2P trading, a system where buyers and sellers connect directly, often using local currencies like Russian rubles or Ukrainian hryvnia, and has been a go-to for users in Eastern Europe since its launch in 2018. Even after Russia cracked down on crypto services, Garantex kept operating by shifting focus to offshore users and maintaining its no-ID policy. That’s rare. Most exchanges either shut down or forced users to verify.
But Garantex isn’t for everyone. It doesn’t offer fiat deposits through banks, has no customer support in English, and its interface feels outdated. You won’t find advanced charts or margin trading. What you get is raw, direct access to crypto—no fluff, no delays, no forms. It’s the kind of platform you turn to when you need to move value quickly and quietly. That’s why it still shows up in searches for Garantex even today, despite the rise of regulated giants like Binance and Kraken.
Behind the scenes, Garantex runs on a mix of hot and cold wallets, with liquidity mostly coming from Russian-speaking traders. It doesn’t list new meme coins or shady tokens. You’ll find Bitcoin, Ethereum, USDT, and a few others—simple, stable, and widely accepted. That focus on core assets is part of why it survived when so many similar platforms vanished. It never chased hype. It just kept the doors open.
What you’ll find in the posts below are real stories and deep dives: how users actually trade on Garantex, the risks they’ve faced, how it compares to other non-KYC options, and why some still rely on it even in 2025. There’s no sugarcoating. You’ll see the good, the bad, and the ugly—straight from people who’ve used it. If you’re thinking about trying Garantex, these are the things you need to know before you click "Send".
Russia doesn't outright ban crypto exchanges - it picks which ones can operate based on compliance, ownership, and sanctions. Garantex is gone, but its ghost lives on. Binance can't work here. Here's what's really allowed.