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?
Thanks!
marty
There’s no better option than using that very exchange BisQ. Depending on how much you want to exchange, you might maybe face a challenge of low liquidity. The other option is robotsats if you completely don’t want anything to do with KYC
I understand that Haveno (Decentralized exchange for Monero to fiat transactions) has been launched. I have not yet used the platform, so I don’t know how good it is, but another way would to swap some of the BTC for monero and then use Haveno to trade it for Fiat.