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Author Topic: Receiving bitcoin donations through my website  (Read 84 times)
remifa287 (OP)
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April 23, 2024, 10:13:21 PM
 #1

Hello. For some reason I'm really not sure if I already know the answer or not. Still learning.

If I am receiving some small bitcoin donations - 15,000 to 35,000 sats per donation, then how do I know if that donation is from a KYC exchange or a non-KYC exchange?

Does the answer depend on the address of the sender?

I'm still a bit confused about this. I don't want to mix up my KYC and non-KYC coins.

Thanks
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April 23, 2024, 10:30:05 PM
 #2

Bitcoin = bitcoin.

Whatever you receive and wherever they are, it won't really matter at all. This is the kind of topic that's the same about tainted and not tainted Bitcoins which is concerning some.

But to be honest, you shouldn't be too worried whether they are from kyc/non kyc exchanges.

What if people tripping you sending you these donations from both ends? you'll just putting a lot of stress to yourself.



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April 24, 2024, 08:02:20 AM
 #3



If I am receiving some small bitcoin donations - 15,000 to 35,000 sats per donation, then how do I know if that donation is from a KYC exchange or a non-KYC exchange?



beter to find the address of the sender in a blockchain explorer, to be able to know if it is a donation on a KYC or non-KYC exchange. KYC exchanges publish sender details as non-KYC exchange generally does not.
remifa287 (OP)
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April 25, 2024, 12:29:13 AM
 #4

To STINKYBEE, that's definitely something I should look at. I didn't know that KYC exchanges were so transparent. That's kinda the opposite of privacy, eh? I'm thinking that maybe I can keep KYC donations in a separate wallet AWAY FROM my non-KYC donations. Thanks.
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April 25, 2024, 01:50:45 AM
 #5

To STINKYBEE, that's definitely something I should look at. I didn't know that KYC exchanges were so transparent. That's kinda the opposite of privacy, eh? I'm thinking that maybe I can keep KYC donations in a separate wallet AWAY FROM my non-KYC donations. Thanks.
But can you give us at least a brief reason why you need to do that? are you into something to hide from the government? sorry because just now that i have heard this kind of stuff in which we are talking about donation here and for me we should be thankful to that donor no matter where they get the funds because you have received that in your wallet so if those are from crimes/hacking then you need to explain that to the authority no matter what.

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April 25, 2024, 03:08:56 AM
 #6

I don't want to mix up my KYC and non-KYC coins.

Why?  If you only want to pay taxes on KYC coins, that would be illegal.  Since this is not a darkweb pirate-type forum, giving you direction could incriminate us with whatever you do.

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