4mo ago

Will my KYC exchange account get restricted if I sell my crypto on XMR-listing, non-kyc exchange like Trocador for let's say ETH and send it to my KYC exchange account?

I've been reading this post

https://np.reddit.com/r/CryptoCurrency/comments/1embjmc/kraken_restricted_my_account_request_to_see_all/

and been wondering whether some big exchange will be mad at me for using smaller, XMR-listing exchanges to sell XMR and buy ETH instead of directly buying it from them by bank transfer or using a small exchange which doesn't list XMR.

4 comments

Selling xmr is fine. Selling of other crypto depends what the buyer does with the traceable coin you sold them if you get in trouble for it.

I was making such an operation. I usually bought USDt, by selling XMR on Trocador, changelly, Exolix, etc and this USDt was sent to Binance. I haven't faced any problem with it

Generally, if you sell your XMR on Trocador or Exolix, or similar and get ETH which will be sent to CEX, you should not have any problems. There is a swap mechanic, so you, in fact, get clear ETH with no connection of XMR

Should work well, actually. Though, swap exchanges are much useful