How anonymous is Kucoin?

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paalmtree

Regular Member

Jun 13, 2011

287

21

• Dec 3, 2022

• #1

"KuCoin is a cryptoasset exchange that describes itself as a hybrid exchange integrating features of both centralized and decentralized exchanges".

If it would be decentralized, it would be anonymous.
But as a hybrid?

Is it better to use it to swap crypto to XMR and then withdraw it to one's wallet and send XMR to the provider to buy stuff?

Or send XMR as payment from Kucoin directly, to save the step?

 

Cypherpunk Zero #4027

Regular Member

Aug 28, 2022

230

103

• Dec 3, 2022

• #2

I'd use an external wallet just to be safe

 

Salamouna

Elite Member

Jr. VIP

Aug 28, 2014

11,855

8,677

• Dec 3, 2022

• #3

Is your account KYC verified?
If not that's a risk to send xmr there since they may ask for verification to withdraw

 

P

paalmtree

Regular Member

Jun 13, 2011

287

21

• Dec 3, 2022
• Thread Starter Thread Starter

• #4

Salamouna said:

Is your account KYC verified?
If not that's a risk to send xmr there since they may ask for verification to withdraw

Click to expand...

So, if they do ask for verification to withdraw, it's better just withdraw to the wallet and then send payments directly from the wallet?

 

MrWhite2018

Elite Member

Jul 16, 2018

2,152

1,301

• Dec 4, 2022

• #5

Buy, don't store on there.

KuCoin > Trustwallet