Nostr

Replying to

sperry

Easy way to quickly get KYC-free sats.

Buy bitcoin on CashApp.

Generate a lightning invoice on Kraken.

Rerurn to CashApp, "paste" invoice into CashApp using the QR scanner.

Once deposit clears on Kraken (only takes a few seconds).

Go to XMR/BTC pair and buy XMR (select pay fees in xmr to leave Kraken with zero balance)

Withdraw XMR to wallet.

Now you're free to use any KYC-free spot to exchange the XMR for BTC...

Bisq

CoinEx

MexC

SimpleSwap

Swapspace

TradeOgre

Agoradesk

swap direct with Cake Wallet

Surprisingly easy, and very little waiting.

What's another simple way?

The less counter-party risk, the better....

nobody 2y ago

Nope. Bad idea. Dumb to be honest.

Taxable event.

Playing with fire for very little to zero benefit.

And they still know who you are, non-KYC is a scam and doesn’t exist.

Good luck though.

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Discussion

sperry 2y ago

What are the taxes on bitcoin bought and sold at same price.

Also, I dgaf about KYC, but everyone else seems to, lol. Personally, I think withdrawing instantly from CashApp using ⚡ is pretty epic. What you do with it is up to you.

nobody 2y ago

Tax event is different than “what do I owe”. Events get reported, even flat events.

I agree on CashApp. Just bought more KYC BTC today & lighting withdrawal immediately to wallet/cold is epic.

sperry 2y ago

And why should we care about "reported flat events" ?

nobody 2y ago

Reported to whom?

I thought this was a no-KYC post. Reported tax events will show Kraken, CashApp and some other shady shit that nobody could ever figure out😉