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I’ve heard a lot of reports of popular exchanges freezing accounts of customers who traded with other exchanges that don’t have strong KYC requirements. How am

I’ve heard a lot of reports of popular exchanges freezing accounts of customers who traded with other exchanges that don’t have strong KYC requirements. How am I supposed to exchange for Monero if Coinbase (and the state of New York) dislike it? I’m not trying to be sarcastic. I genuinely don’t know what to do in order to use Monero.

scld 5y ago
Only use exchanges to put in cash or to do exchanges. If you're serious about crypto and want more than a few hundred dollars in there, you should get a ledger and move your money off of the exchanges (hardware wallet).
- zikduruqe 5y ago
  Or, you can make your own bitcoin by hand. https://estudiobitcoin.com/do-you-trust-your-seed-dont-generate-it-yourself/ https://estudiobitcoin.com/do-you-trust-your-seed-dont-gener...
selestify 5y ago
Where are these reports of popular exchanges freezing customer accounts? I'm also genuinely curious, because I've never heard of them, and a cursory Google search isn't turning up much. As for exchanging for Monero, there's starting to be the option of atomic swaps with Bitcoin. Alternatively, you could also try going through one of the various non-KYC automated swapping services.
- selestify 5y ago
  Ahh -- it seems there are quite a few cases of what you mentioned here: https://sethforprivacy.com/posts/fungibility-graveyard/ https://sethforprivacy.com/posts/fungibility-graveyard/