this post was submitted on 17 Oct 2024
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Is there KYC? I thought these services don't require it
They can, but they will only tell you that you need to do kyc after they have custody of your funds.
On trocador They have a shield icon if your transaction is insured and they also give a rating of a all the way down to D for exchanges. I think if you use a C or higher exchange, they will insure the transaction up to a certain point, like $1,000 US dollars.
So, what instant exchanges do you recommend to use?
Trocador and choose the insured ones. Usually B or C level