Guide to Buying Crypto Without KYC Verification - Top 10 Platforms Included

[jafo]

I don't⁤ know, as I NEVER go to an exchange! EVER!
When I say exchange, I am talking about the "group/society" (the neighbors)︁ I wrote about in the past here: Unlock the Gates of Success: Mentor Group Gold!︂

See Section (B).

So I have NO use for exchanges. How the "group/society" does it︃ is a mystery to me, and I have NEVER asked. The way snitches/informants and undercover︄ work is by asking intrusive questions, so I do NOT ask ANY questions! I'm far︅ away from home there, and NOBODY would hear me falling in the forest hi%#

Yes! DAI is "somewhat"︈ decentralized. Monero and Bitcoin are the only ones that adhere to full RIPCORD (that I︉ know of).

 

[bubbledouble]

what if you already have moved the cryptos from there in the meantime?‍

they look appealing to me, will try.

 

[aage]

Try them some time ago,‍ they didn't work out well because they closed my account! I send only 300.000 euro⁠ to them which got an immediately ban and freeze, after 3 months and lawyers letters⁤ they gave me my money.

 

[jafo]

It shocks me that these companies do this and "get away" with it. If I⁤ did this to my clients, I'd be six feet under yesterday! hi%#
Sean Strickland is right!⁣ We've become too soft! stupi#21

 

[gh0p]

They can investigate where the withdraw was to. Say you withdraw from‍ that CEX to some local OTC company that exchange to fiat for you. They'll contact⁠ that company and request information and so on especially if its an active police investigation.⁤ If you used banks to withdraw potentially they can flag your bank accounts and that⁣ can get you in all sorts of issues with current and later on in new⁢ accounts opening etc. While recovery of the funds might not be possible it certainly can︀ impact your life should you have used your name everywhere.

If however those funds are︁ sitting in the blockchain still they can flag the address used for withdraw (or whereever︂ the chain leads them to) making it very hard to exchange without raising any red︃ flags.

 

[aniglo22]

All bigger exchanges have a LERS ( Law Enforcement Request System) , where law enforcement‌ can get access to user information very easily and automatically. Most exchanges use kodex .‍ For example binance : Kodex

 

[jafo]

Source: Bitcoin Whitepaper!

PS. It is so shocking to‌ me how many crypto users somehow missed the "TRUST" references in Bitcoin's White Paper or‍ believe they are SMARTER and SAVVIER than Satoshi Nakamoto! ca#"!
How can so many people overestimate⁠ their own intelligence? 😳
What am I missing? 🙄

 

[aniglo22]

Laziness

 

[jafo]

Yeah... I suspected that! Coincidentally, today @JohnnyDoe brought up‌ the sin of "sloth" in another thread. Once more, I suspect he is correct! He‍ hits the bullseye every single time! coo-:!y

 

[JohnLocke]

Although I think it is a very interesting discussion, we have gone completely off topic‌ here. Can we please get back to the subject in the headline? I will create‍ a new thread for all the many irrelevant comments.

 

[DeepDrilling]

The way I've obtained a wallet (up to many) is by finding a ghost address,‌ setting up a mailbox with a fake name, etc., and getting Ledger and Trezor wallets‍ sent to this address. No one can ever trace the wallet back to me. And,⁠ of course, it’s not sent to the country I live in.

It's easy to find⁤ abandoned houses and places where you can set up a mailbox.

So everything else you’re⁣ doing here doesn't concern me. I never receive cryptos directly to these addresses, and before⁢ any cryptos come here, I've exchanged them to FIAT after putting them through a bitcoin︀ mixer over to XMR and then moved them in smaller amounts afterwards. So try to︁ trace it; I wish you good luck.

 

[Houdini]

How would you say that it is going long term without KYC ? does it‌ mean that we can avoid it or will coins in non KYC'ed wallets be blocked‍ in a few years?

What's your thoughts?

 

[5K1PP3R]

Can I use these exchanges to buy from my business accounts?

 

[EliasIT]

if you do so you can also do KYC doh948""

 

[ImKing]

I'm using Exodus since a long time, I never looked after alternatives but will have‌ a look at some of the mentioned wallets here.

 

[bountymounty]

I'm chocked to read this her and also in another thread.‍ In the past I have been using changelly lots of times to exchange XMR to⁠ different currencies, I never got asked for any KYC

 

[jafo]

What's your frequency? Once⁠ per week, month, quarterly?

What are the amounts? <1K, >1K, >10K, <100K etc?

You may⁤ be able to help develop an "SOP" for the other OCT members on how to⁣ stay under their KYC radar. 😉

 

[Wellington]

If you are doing this sort of trade - I.e China to Venezuela - doing‌ in USDC or USDT is creating a target anyway.

UK private wealth invests in Venezuela‍ as the sanctions are not fully encompassing - basically certain countries have certain types of⁠ trade and they moat it via certain payment rails and certain processes which takes it⁤ out of regulatory or jurisdiction capture.

So in this case I.e a person living in⁣ Europe with seemingly citizenship in Europe if there are no restrictions you’d do better to⁢ use Euro stables or even Singapore, but even then you can ofcourse just take BTC︀ and price in volatility as part of the cost of doing business.

Just ensure those︁ funds never make their way into dollars or the US system as you can be︂ charged downstream for activities upstream which were completely legal.

I had a KYC with them a few years ago -︆ was a corporate transfer USDC to USDT.

Released funds but yeh I wouldn’t do anything︇ sizable with them.

 

[jafo]

A target for what or whom?

 

[ImKing]

So, as long as one receives, for example, USDT and then converts it to FIAT‌ and subsequently buys something like physical gold, a frozen address wouldn't matter. You can just‍ create a new wallet. On the other hand, keeping your USDT requires some complicated maneuvers.⁠

Does anyone know what happens if I have 100K USDT and pay a third party⁤ 50K of it, and then my remaining 50K gets frozen? Would the third party's wallet⁣ also be frozen?