Do you know of any KYC free exchanges where I can exchange dollars to crypto electronically?
Unless that is solved, crypto has a severe hadnicap.
Do you know of any KYC free exchanges where I can exchange dollars to crypto electronically?
Unless that is solved, crypto has a severe hadnicap.
@thatguyoverthere @AnarkioCrypto @ZeoZ
Yes... perhaps that is the way. Build trust and start a network.
Alternatively if my income would be in crypto from the start, that would also solve it. But where I am in europe we are far, far, far away from that ever happening.
@thatguyoverthere @AnarkioCrypto @ZeoZ definitely not bring that in cash on my person when meeting a stranger somewhere in the city.
Sad to see, but transferring large amounts KYC free and _safely_ is still as far as I can tell, not a solved problem.
Crypto to crypto I imagine is a breeze, but as long as I need the fiat world, and as long as it is my main economic driver, the integration of crypto needs to be smooth and safe and decentralized before I can start to use it at larger scale.
@thatguyoverthere @AnarkioCrypto @ZeoZ
Ahh, and let me answer my own questions for the benefit of any others who are wondering.
From the Haveno FAQ:
How can I exchange Monero for fiat without involving banks?
Haveno will support payment methods that don’t require users to have a bank account, like “Cash in person” (for face to face trades) and “Cash by mail”.
So sadly not useful for bigger amounts of cash. I would never send 10k EUR, or 1k EUR for that matter by mail, and I would (...)
@thatguyoverthere @AnarkioCrypto @ZeoZ
Great! The more the merrier.
A question... on these decentralized exchanges, how does it work if I want to buy monero for EUR?
My EUR sit in a regular bank account, so how and where do I transfer them in order to obtain my moneros without my bank or the recipient bank starting the KYC dance?
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