Post
Topic
Board Altcoin Discussion
Topic OP
Binance wallet --> Haveno Reto wallet --> Monero GUI wallet on local computer
by
tUnes3
on 13/10/2024, 05:01:53 UTC
They cannot follow the money after that initial transaction though, unless you transfer the coins to another centralized exchange.

Firstly, I wish to highlight that I did thank you when you replied to my original post.

Secondly, there have been some developments.

LocalMonero has closed down (since May 2024).

Haveno Reto is a decentralized exchange that is used in place of LocalMonero.

https://haveno-reto.com/
https://github.com/retoaccess1/haveno-reto/releases/

You wrote that [sic] They cannot follow the money after that initial transaction though, unless you transfer the coins to another centralized exchange

Below is the scenario

Suppose I buy XMR from Binance. As you already know, every Binance customer must submit KYC documents.

I send the XMR from my Binance wallet to my wallet on Haveno Reto.

From my wallet at Haveno Reto, I send the XMR to my Monero GUI wallet which resides on my computer.

Question

Can the XMR that I initially bought at Binance be traced back to me?


P.S. I was prompted by the system of this forum to post a new topic instead of in https://bitcointalk.org/index.php?topic=5473132.msg63116162#msg63116162