Post
Topic
Board Service Discussion (Altcoins)
Re: Cheapest way to obtain cryptos
by
OmegaStarScream
on 13/01/2025, 14:11:40 UTC
Thanks for the infos! If I use dogecoin I should not pay much fees for each transfer right?
So in case I should pay a seller for a serivce you suggest me to do this: binance wallet > independent dogecoin wallet1 > independent dogecoin wallet2 > seller wallet ?

I'm getting confused now...

Is it Binance you want to protect yourself from? or the person you're buying some goods (and not crypto) from?

It sounds to me now, like it's the latter? If so, what kind of seller are we talking about here? Is it a seller- that's using payment gateway that would automatically detect the payment? or you're going to be dealing with an individual?

A payment gateway is no issue. Just withdraw it to one wallet, and then send it to the site/seller.

If you're dealing with an individual, then that's tricky. You can go like you said Binance -> Wallet 1 -> Wallet 2 -> Seller.

But if someone wants to manually check, he can try to follow the funds... to see where they came from. He obviously won't know your identity just from the address, but might end up figuring out that you're using Binance. He won't know your Binance deposit address though. Because withdrawals are processed from Binance's main hot wallets, the funds won't come out from the address you originally deposited funds into.

Hope this makes sense.