MarketPeople
Newbie
- Nov 12, 2009
- 32
- 5
Dex's + Monero is the solution
Most coins are not private at all, they’re also not meant to be private/anonymous.Crypto isn’t as private as many think.
First is First, you need to use a card or bank details to buy any cryptocurrency, including Monero, which can expose your identity. Cash deposits or direct cash payments only work in peer-to-peer (P2P) transactions. However, banks are now freezing accounts, and if a vendor's account is frozen, all real money transactions with that vendor will also be affected. We've seen this happen with major exchanges like Binance, where many bank accounts have been frozen.
I have successfully used this method CryptoVoucher and OffGamers CodeToCash to purchase 'CodeToCash eVouchers instead of cryptocurrency it tricks we purchase game eVocher.
Disadvantages: For some countries, a semi-KYC process is required, which may include providing an email address, phone number, and sometimes an ID number (but not a photo or selfie). Additionally, you may charge a fee of 20% to 40% depending up on Currency. However, if anonymity is your priority, this method is quite effective.
Second Method: I haven't tried this method yet, but it involves depositing cash on a casino website, converting it to cryptocurrency, and then withdrawing it to a cold wallet or exchanging it after realizing a profit or loss. You can then deposit the cryptocurrency back into the casino and withdraw it as cash, which will reflect your profit or loss with the casino not from crypto. For this method, I am looking for a trusted casino website that allows indirect cash deposits and withdrawals to ensure safety.
Crypto's privacy is actually fine. It's all about what level of anonymity the user chooses.Crypto isn’t as private as many think.
Staying anonymous with crypto really comes down to how much you're willing to compartmentalize your digital footprint. A few general tips I’ve picked up:Crypto isn’t as private as many think.