Until you run into issues where your counterparty cancels on you because the set price isn't the same as on binance. This is on Hodlhodl by the way

Need to explore the other options. bisq looks intimidating with all the information when trying to figure how to sell.

The main reason people reach for kyc options in my opinion isn't just because of convenience. The ux is just better. Hodlhodl tries here but need to work on ensuring counterparties adherence to stipulated conditions to avoid unnecessary cancellations and precious time wasted

Reply to this note

Please Login to reply.

Discussion

Not even then. KYC is a big trap

Yes it is but people still need to buy Bitcoin. A more productive and effective solution IMO is to promote best privacy practices like non address reuse, coinjoins and using lightning.

If it is possible to buy from a friend or network by all means. but these sites are not the solution the way they are now.

Any of those practices don't delete your KYC entry because this entry is offchain. Lightning is also not a privacy practice, never was. LN is an instant payment solution.

If you want to be a souvereign individual you have to avoid KYC and custodial in any forms.