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Author Topic: I'm Looking for a Simple and Anonymous Crypto Money Wallet or Exchange!  (Read 206 times)
ahmetsarucan (OP)
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April 20, 2021, 04:27:32 AM
 #1

Greetings, without ever getting stuck with KYC or AML / CTF policies. I am looking for a completely anonymous and simple wallet / exchange. All I want to do is to be able to store most of the coins and tokens as in Binance, and to be able to trade smoothly with low transaction fees. I do not want to use the standard centralized exchanges that everyone uses because I do not want to face situations where my assets are annoyingly frozen by others, nonsense documents are required, and especially when I have to verify the source of my assets.

If there is a wallet, stock market or any solution that I can use or recommend according to these criteria, I would be glad if you comment. Thank you.

Forgive my typos, I am writing using Google Translate.
SquirrelJulietGarden
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April 20, 2021, 04:42:05 AM
 #2

Wallet: Wasabi wallet with Tor connection and Coin Join transaction help you to have better privacy and anonymity.

Exchanges: true DEX like Bisq.network or hodlhodl.com

nakamura12
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April 20, 2021, 04:45:10 AM
 #3

You should learn how to speak or write english rather than using google translate. Using google translate is not highly accurate and it may use some words which is not what you try to express. Anyway, you can try to use electrum for storing your crypto plus there is a mobile version of it. Second is, I use trustwallet which support different cryptos. You don't need to send documents for KYC in this wallet.

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April 20, 2021, 05:10:50 AM
 #4

I guess any DEX will suit you. Here's what I'm using with couple notes (my opinions, better do your due diligence )

atomicDEX - runs on komodo (KMD), around 2O coins, trading fees are terrible for BTC ( other currencies are ok ), but not so many users thus it has low liquidity.
tronlink - runs on TRON (TRX), integrated polonidex, justswap and  daps browser
trustwallet - officially supported by binance, many coins, runs on binance chain (BNB) and ETH, integrated swap and daps browser
coinomi - many coins, integrated changelly swap


At the moment my favorite is trustwallet because you can stake BNB  and staking sufficient amount can cover all trading fees.





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Maus0728
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April 20, 2021, 05:40:16 AM
 #5

All I want to do is to be able to store most of the coins and tokens as in Binance,
You can use Trustwallet or Metamask if you really want to store most of the coins or tokens that can be traded in Binance. Typically, these wallet can store most of the tokens that are created under ETH network and can also be traded with some of the available DEX's.

and to be able to trade smoothly with low transaction fees.
I don't think this is currently doable. Utilizing some of the top decentralized exchange such as Uniswap, Pancakeswap or 1inch will probably cost you more than the value of the tokens/coins you are exchanging. Currently, ETH network is congested so does the gas fee.

I do not want to use the standard centralized exchanges that everyone uses because I do not want to face situations where my assets are annoyingly frozen by others, nonsense documents are required, and especially when I have to verify the source of my assets.
Using Binance will only require you to submit KYC/AML verification if you exceed a daily withdrawal limit of at least 2 BTC or if you are going to use P2P Exchange. If you are trading below that amount of threshold, I think you will have no problem trading your assets. Also, being a Binance user myself, I still do not encounter such issues in terms of asset freezing, or maybe I am just lucky that I do not violate their terms of service until now.
Oshosondy
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April 20, 2021, 07:46:17 AM
 #6

Using Binance will only require you to submit KYC/AML verification if you exceed a daily withdrawal limit of at least 2 BTC or if you are going to use P2P Exchange. If you are trading below that amount of threshold, I think you will have no problem trading your assets. Also, being a Binance user myself, I still do not encounter such issues in terms of asset freezing, or maybe I am just lucky that I do not violate their terms of service until now.
Binance also still ask users to support some verifications that will be used to process deposit or withdrawal. So far you are using a centralized exchange, even providing bank details or credit card details is another means of verification, I do not see it different as a way of providing KYC. For him to have the privacy he wants as he wanted, bsiq exchange is the best, aside privacy, it also has good trading volume.

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20kevin20
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April 20, 2021, 08:09:23 AM
 #7

I think the closest you can get is by using Komodo's Atomic DEX or Waves Exchange. Besides these 2, there's also Bisq but they have quite high fees especially when BTC mempool is clogged.

Out of them, Waves offers you the "smoothest" experience and the highest volume and liquidity.
Refrumatrix
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April 20, 2021, 10:21:40 AM
 #8

Exchanges: true DEX like Bisq.network or hodlhodl.com

Take note the transaction fee could be high for certain cryptocurrency (such as BTC and ETH) and few personal info leaked if you trade cryptocurrency with fiat.
BTC transaction fee is still forgiving compare to Ethereum, I'm not sure if BSC are compatible with some dex unless the dex has BSC compatible swap? Anyone can confirm this for me?

Findingnemo
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April 20, 2021, 06:27:26 PM
 #9

I am looking for a completely anonymous and simple wallet / exchange. All I want to do is to be able to store most of the coins and tokens as in Binance, and to be able to trade smoothly with low transaction fees.
AFAIK, you need a wallet not an exchange, because you wanted to HOLD your assets if I am not wrong so go for wallet like Trust, Coinomi or HW if your portfolio is worth for it. And use Binance whenever you wanted to trade because there is no KYC for 2BTC limit per day. DEX are not actually good for the beginners and it is also not a cheaper option because we are talking with someone who is trading on Binance.

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April 21, 2021, 03:18:10 AM
 #10

I do not think that Google is empty of all these suggestions, simply search and you will find millions of results, tips and differences instead of opening a new topic that was opened years ago and has the same results.

While I'm also a huge advocate of "just Google it!", this is actually one of those cases that solely Googling it isn't going to cut it. Knowing that we're talking about wallets and exchanges, it's a safe assumption that some referral marketing is going to take place, and that not necessarily the 'best' options would be recommended.

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