Note that,
Most of the centralized exchanges (CEX) such as Binance, Kraken, KuCoin and others, quarterly provide information on ALL transactions within the exchange in the form of CSV lists, including all XMR information, including wallet addresses. They send these lists to everyone who deals with tracking and investigations in crypto, such as Chainalysis. This is obvious, but it needs to be stated: if you send or receive Monero using an (CEX) wallet, there can be no talk of anonymity at all. The exchange remembers the wallet address, amount, date and time, IP address and everything that can be remembered.
I would advice choose platforms that respect privacy and have minimal KYC/AML requirements...
Most of the centralized exchanges (CEX) such as Binance, Kraken, KuCoin and others, quarterly provide information on ALL transactions within the exchange in the form of CSV lists, including all XMR information, including wallet addresses. They send these lists to everyone who deals with tracking and investigations in crypto, such as Chainalysis. This is obvious, but it needs to be stated: if you send or receive Monero using an (CEX) wallet, there can be no talk of anonymity at all. The exchange remembers the wallet address, amount, date and time, IP address and everything that can be remembered.
I would advice choose platforms that respect privacy and have minimal KYC/AML requirements...
Of course, it's noted. If someone wants to follow this strategy, they will have to do it specifically outside of any CEX. But as I said, there are not many CEXs that have XMR listed. So, it's like they force you to look for alternatives, and if these alternatives are better, then we should start taking them.
