Post
Topic
Board Mycelium
Re: Mycelium BTC to Altcoin Wallet without lengthy registration?
by
HCP
on 21/10/2017, 01:28:40 UTC
Most of the exchanges these day require you to "register" and/or provide appropriate AML/KYC (Anti Money Laundering/Know Your Customer) documentation if you want to conduct transactions over a certain limit... These limits usually apply cumulatively, so doing a bunch of small transactions is the same as one large one.

There isn't really any way around that with most of the "big" exchanges that have decent volume like bitfinex, bittrex, kraken, poloniex etc.

So you other option is to use a service like ShapeShift or Changellyor something that just does a straight swap... you send one currency + output address and they send the specificed currency to your output address.

The downside to those services is that the fees, exchange rates and spreads involved can be quite punitive compared to exchanges.


The only Exchange / Wallet I have found is Bitfinex.com
Is your google broken? Roll Eyes https://www.google.com/search?q=bitcoin+exchange