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shushu9977
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June 09, 2021, 01:47:42 PM
 #41

First of all, you are underage so that you have problem to cashout in alternate coins. You should tell some senior persons who helps to do that. On the other hand, you convert your coins stable coin such usdt, usdc, busd,tusd token. When your dad back in home then you can do what you want.

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jrrsparkles
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June 12, 2021, 05:04:49 AM
 #42

Hey guys, just got back. Im gonna cash out with exchangelly, they do Altcoins -> Tether with no ID needed. And after looking into it and talking to my dad about how Coinbase works, you can't buy coins from Coinbase directly to a wallet thats not a Coinbase wallet, meaning that I would have to pay 2 fees to get it to my main anonymous wallet. Plus for certain alts I trade, I use a shielded wallet, Coinbase wallets cannot send coins to shielded wallets. So my final resolution to the problem is as follows:

Buy coin from various exchanges that my dad has an account in, I give him money, he sends me the coin (He doesnt monitor my trading its just the way I have to buy since I cant have an account on most exchanges) then when im ready to sell, I exchange my alts with exchangelly for tether, then when I want to sell the tether, I either sell it to one of my IRL buddies that my age and trades as well, or I sell it to my dad who cells it to Coinbase.

Another note: Thanks for the merits Pharmacist, I didnt think a high up member like you would be reading my thread!
I don't understand why you have to cashout everytime when you trade, if you don't want the cash then you can certainly keep the funds in the exchange's wallet itself or move to other coin like tether then sell it on p2p or coinbase as you are doing.









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maxreish
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June 22, 2021, 07:03:37 AM
 #43

At your age, you couldnt do some withdrawals at reputable exchange without the KYC. If your dad agreed to use his identity for you to be able to access any transactions, then much better. There are also some local exchange in your country that neexed kyc for AMLA reauirements and if your dad passed that KYC, you can download some legit wallets that doesnt need kyc then transfer it to your local wallet without hassle for withdrawals.

Or yeah, binance has p2p options direct to your ewallets or banks. But needed some KYC, too. So thats your only choice, your dad's approval for kyc submission.
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