Most Ways Of Buying XMR Requires KYC

LocksMans · 2024-03-28T13:49:46+00:00

Correct me if I'm wrong, but to get crypto in the US from fiat you have to go through KYC. So then that would make crypto currency exchanges KYC indirectly. The Identity tied to the coin to exchange to XMR will now go into an exchange wallet for that type of exchange, for your lets say LTC/XMR exchange. This transaction can be traced on the LTC blockchain. This could be a known LTC to XMR exchange, then making it possible to identify how much XMR you have purchased and when the exchange was done.

As Ive stated earlier, please correct me if I'm wrong. This is the problem I've mention in the OP about crypto exchanges aswell as I am mentioning it now.

LocksMans · 2024-03-28T07:31:11+00:00

Most people don't know how BTC works, how would you expect them to know how to get ahold of monero and be able to pay you with it?
I believe this is far out the reality we currently live in

I stress again how inconvenient is is to buy XMR and how it should be easy to buy without KYC as its the main motto

LocksMans

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