Replying to Avatar yort

#austriches how do you purchase non-kyc btc or xmr using fiat without exposing your name and / or bank account?

in p2p trades you can never guarantee that your counterparty isn’t listing down your bank account details (and everything that they get sent) - and, i’d even make the argument that if that’s occurring, you’re probably getting labelled as “higher risk” by those doing the tracking - because you’re going through the effort to make a p2p non-kyc trade

what’s the best option(s) here?

#bitcoin #btc #bisq #monero #xmr #haveno-reto #no-kyc
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Keel 1y ago 💬 2

Your available options depend very much on the country you are in.

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yort 1y ago

yeah, i remember when local monero was a thing there were a lot more cash in mail options - which seemed reasonable

but, every p2p option with liquidity in australia seems to be “payid” or some sort of bank transfer which i’m pretty sure potentially has your first / last name - and, definitely the details of your bank account 🤨

as you mentioned, gift cards seem lower in liquidity - mining seems to really be the only foolproof option 😢

otherwise, as dumb as it sounds, if you assume that it’s always a fed that’s on the other side of the p2p trade; then you’re probably putting a bigger target going p2p than just going through an exchange (again, as terrible as that sounds)

as you say, p2p at bitcoin meetups could be good - but, even that carries the extra risk of wrench attack

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Keel 1y ago

Well, every option is loaded with its own risks ...