Recent content by PurpleKayle

  1. PurpleKayle

    Taxes and privacy

    Because of the transparent nature of most crypto and increasing regulations. You have to be careful about possible links to your identity through IP address, using banks, exchanges, or digital wallets with KYC, the devices you use.
  2. PurpleKayle

    Taxes and privacy

    "Do crypto debit cards report transactions to tax authorities even if the user lives in a third world country?" It depends. Many crypto debit cards partner with financial institutions, and they may be required to report transactions. Regulations differ in each country and some are part of...
  3. PurpleKayle

    Looking Crypto Mixing Service

    It does take more effort, but Monero has true fungibility. Some DEXs support XMR like Bisq and Haveno Reto.
  4. PurpleKayle

    Looking Crypto Mixing Service

    Why not get Monero instead of mixing coins
  5. PurpleKayle

    cryptocurrency work in future?

    It will, though adoption will take time.
  6. PurpleKayle

    whats the best crypto payment gateway for classified sites?

    These are some payment gateway solutions: Cryptopay, GoCoin, BTCPay Server, and Plisio.
  7. PurpleKayle

    Receiving and withdrawing money anonymously

    pancakett's reply seems the best solution for what you need
  8. PurpleKayle

    Receiving and withdrawing money anonymously

    Kraken requires KYC, which means the Monero can be traced back to him.
  9. PurpleKayle

    Receiving and withdrawing money anonymously

    In that case and depending on where you are, he can get Monero using his bank account through centralized exchanges. If XMR is banned in his country, Haveno-reto is his best bet.
  10. PurpleKayle

    Receiving and withdrawing money anonymously

    If you mean the other guy wants to send you money through crypto, buying any crypto using his bank account may not be anonymous. Monero (XMR) is a crypto coin focused on privacy and anonymity. You can get it from non-KYC exchanges like Haveno-reto (fiat-XMR) and Trocador (crypto-XMR). Make sure...
  11. PurpleKayle

    Newest Crypto Scams to look out for?

    There are always new scams but some "rules" you should follow are: NEVER click on links from someone you don't know, including those sent to you through DMs. NEVER share your seed phrases and passwords. ALWAYS check the URL before proceeding to transactions. If it's too good to be true, most...
  12. PurpleKayle

    Centralized vs Decentralized ? What's the Difference and benefits?

    Centralized exchanges (CEXs) are: Owned and operated by a centralized company or entity Provide a user-friendly interface for buying, selling, and trading crypto Offer high liquidity and a wide selection of assets Manage user accounts and private keys Implement security measures but are...
  13. PurpleKayle

    Hot vs cold crypto wallet?

    Hot wallet for transactions (small amount) and cold wallet for storage (big amount).
  14. PurpleKayle

    Where can I purchase crypto with paypal?

    You can buy Bitcoin, Ethereum, Bitcoin Case, and Litecoin directly from PayPal. Exchanges that support PayPal are CEX, eToro, and Bitstamp. Zengo mobile wallet allows you to buy Bitcoin using PayPal. If you have a Ledger, you can buy crypto using PayPal through Ledger Live.
  15. PurpleKayle

    Monero - newbie advice

    I use XMRWallet(dot)com. I haven't had any problems and it's available on TOR. To convert fiat to XMR, you can use haveno-reto. Trocador for crypto-crypto swap.
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