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Replying to Avatar Diyana

Sweet thank you for explaining. At this point I am getting familiar with the kyc being custodial and non kyc non custodial wallet kind of situation. I am slow in remembering what the abbreviation translates to.

The utxo is new term to get used to.

So quickie question though...

I'm assuming once someone has moved their transactions from kyc to non kyc wallet they are trackable by gov agencies. And even if they open a new kyc wallet and move everything again from their first non kyc they are still trackable potentially? Or in theory it doesn't have to mean you are transferring your money back to yourself. It could be you sent them to someone else who is unidentifiable?

What's the best way to get off the records?

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Humble Bitcoiner 1y ago

No no your getting something wrong.

If you buy Bitcoin on a centralized exchange on which you have to fulfill KYC and your transfer that to cold storage, it is still KYC Bitcoin.

Non kyc is just when you buy for example peer to peer (in cash from somebody else without KYC)

Once you mix the UTXOs, it’s not ‘compromised’ and turned into KYC

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