Post
Topic
Board Exchanges
Re: Is it possible Cash out Crypto without KYC?
by
Darker45
on 06/03/2024, 00:54:16 UTC
Yeah, there are a couple of privacy respecting p2p exchanges out there, see: https://kycnot.me/?t=exchange&q=&fiat=on

But don't expect the prices to be competitive like those in centralized/custodial exchanges. I say, consider it a pay for the extra privacy.

Thank you for your response. Have you personally used any of these services? Are they completely secure?

Does the money transfer directly from the sender's bank account to my bank account?

Regards,

Completely might be an exaggeration. Remember that bank transfers are reversible but Bitcoin transactions aren't. But it won't anymore be on the platform when the buyer requests from his/her bank that the transaction be reversed. That's why you also need to be very careful in choosing who you deal with. To be safe, choose those buyers who have a high number of successful trades, trading partners, and feedback score.

But there are safeguards in these platforms as well. In AgoraDesk, for example, you will have to receive the money first and verify that it is the correct amount before you will release your Bitcoin.

You can also do the trade here if you want and choose those who have high trust ratings.