exodus wallet | 0.4 Bitcoin

[hugeblack]

I have about 2000$ "0.4BTC" and I want to invest it in a crypto project so I want $ 2000 "stablecoin" and not BTC.
What I want to exchange BTC into any stable coin and then keep the private key for that address "without any central platform."

The best solution is to download exodus wallet, exchange BTC to TrueUSD (TUSD), export that private key.

What do you think? Will I have problems when exchanging from TUSD to BTC? What is the best solution to get any stablecoin "with the private key" without verifying identity or using any platform?

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[OmegaStarScream]

Exodus is not open source so you don't really know what's happening behind the scenes and If you're planning to use their exchange, they are using ShapeShift and Changelly as the third party, I think there might be a possibility where you could be asked for an ID there.

TrueUSD is an Ethereum-based token, I would suggest you make a new wallet in Myetherwallet and print it with the private keys and then send your TrueUSD there.

In order to get the TrueUSD, you'll need to use an exchange, I don't think Binance or HitBtc ask for ID. If they do or you don't want to signup for any exchange, you could always ask someone to do this for you on the services section for a 5$ bounty for example, just make sure it's someone trusted.

[HCP]

I was going to suggest Tether... as an alternative to TrueUSD, but I note that Tether is now also an ERC-20 token.

So, in essence, all you would need to "store" your TUSD/USDT is to create an ETH address (using MEW or MyCrypto wallet etc)... and then send your TUSD/USDT tokens to that ETH address, then export your private key.

The trick then is to figure out how to convert your BTC to TrueUSD (or Tether)... and then back again.

Will I have problems when exchanging from TUSD to BTC? What is the best solution to get any stablecoin "with the private key" without verifying identity or using any platform?

I'm not sure what you mean exactly by "without using any platform"? You mean you want to convert without using a centralised exchange that might require KYC? If so, the only way to achieve that would be via a DEX (like IDEX or Waves or EtherDelta etC)... or P2P trading (Escrow recommended etc).

[Pmalek]

Binance has both USDT and TUSD pairs with Bitcoin and they will allow you to withdraw an equivalent of 5 BTC daily without going through KYC. That is more than enough for your needs.
Another thing to consider is if the project you are investing in accepts stablecoins. Is it an ICO? I know that a quite deal of ICOs only accept ETH and BTC payment so take that into account as well.

[BitMaxz]

I never had experience in using exodus but I think you can try the Coinomi wallet they also support stable coin like USDT, TUSD and USDC and I think KYC is not required.

Binance has both USDT and TUSD pairs with Bitcoin and they will allow you to withdraw an equivalent of 5 BTC daily without going through KYC. That is more than enough for your needs.
Another thing to consider is if the project you are investing in accepts stablecoins. Is it an ICO? I know that a quite deal of ICOs only accept ETH and BTC payment so take that into account as well.

I think binance daily withdrawal limit is 2 BTC for non-verified accounts you can withdraw there without KYC required.

[mk4]

Binance has both USDT and TUSD pairs with Bitcoin and they will allow you to withdraw an equivalent of 5 BTC daily without going through KYC. That is more than enough for your needs.

I'd say go with this as you wouldn't go past the limit anyway. Not to mention that you'd get better liquidity compared to exchanging your coins via an instant exchange like Changelly, hence most likely ending you up with a better deal.