I should add, this also goes for trading Bitcoin.

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Psshhh I'll trade you 2 Bitcoin for 1. That's right I'll double it. Send me 1... 😉

I think trading KYC bitcoin to non-KYC bitcoin is not only acceptable but highly encouraged. It's the only occasion when trying to time the market is worthwhile. Worst case scenario: you trade some of your stack for privacy gains.