Non-KYC to KYC BTC Move
Non-KYC to KYC BTC Move
I’m sure this has been asked a million times already, but I guess another time could only help.
I acquired a bunch of BTC via Bisq a few years ago and I also have some KYC exchange accounts.
Now I would like to start exchanging from my non-KYC wallet for fiat. My only concern is that I don’t want to get flagged or have my BTC seized by one of the major exchanges if someone I got my BTC from in the past is shady. I haven’t been keeping up on the latest crypo news so I have no idea how to do this.
The goal is to keep my non-KYC and KYC wallets unassociated. What are my options?
Also, I suppose one option is to just use Bisq again to sell my BTC and have the buyers send me fiat via Zelle or whatever straight to my bank. How does this method compare to any other that is common and safe?
If you can go on without the help of custodial exchanges, that would be better for you. BISQ is probably the most private p2p dex out there, I don’t think you can go wrong with them.
But you did mention “a bunch of BTC” in your post, if it’s a life changing amount, you may encounter liquidity problems with bisq so maybe look into other alternatives as well for a backup, see: https://kycnot.me/?t=exchange&q=&fiat=on
I’d say any fiat bank/e-wallet could likely flag your account as well if there was suddenly a pretty big transfer so you may wanna split payments up.