Post
Topic
Board Trading Discussion
Re: Do the big KYC exchanges care where your coins come from?
by
TerryW
on 05/12/2024, 11:03:40 UTC
Yes absolutely, all the major KYC exchanges will not allow you to trade coins from known thefts or illegal darknet marketplaces.
Unfortunately, this even goes so far that exchanges are now preventing the deposit of coins originating from mixers. In the case of mixers, this is still understandable under certain circumstances, but it also affects coins originating from gambling platforms, for example. I don't really understand this, just because I play on a platform (and was able to make a profit) doesn't mean that I received them illegally or from dubious sources.


This is why I think Monero is the future of crypto.