Best way to use Binance anonymously?

Rodeo02

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Quote from: Husires on December 05, 2019, 02:05:02 AM

I am from Syria, one of the countries banned from the use of Binance, what is the most guaranteed way to use it anonymously? I mean within 2 Bitcoin allowed without sending IDs.
Using VPN, Dedicated IP, VPS, RDP, or what?
If there is a decentralized service that automatically exchange between cryptocurrencies, what is it?

(The goal is automated speculation between cryptocurrencies.)

there is an exchange that not required to make a kyc for small funds. You dont need to use binance if you dont want to make kyc as u said you are from a country that banned from binance.
Better for you try out other exchange than forcing your self to use binance.

squatter

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Quote from: Husires on December 26, 2019, 10:48:03 AM

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I use Private Internet Access. Under privacy settings, always keep the "VPN Killswitch" on.

So using any of these VPNs will be safe (Windscribe or Private Internet Access)?
No need to purchase a Dedicated VPN?

I assume you mean a VPN that offers dedicated IP addresses?

Generally, that's not necessary if you are using services that allow VPN usage. If you are using an exchange that prohibits VPN usage, then a dedicated IP may solve the problem. A dedicated IP will be harder to identify as a VPN IP address since it isn't shared with any other users.

gentlemand

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Quote from: Husires on December 26, 2019, 10:48:03 AM

So using any of these VPNs will be safe (Windscribe or Private Internet Access)?
No need to purchase a Dedicated VPN?

Both of them are dedicated VPNs.

They'll be safe while you're using them. The problem comes if you forget to turn them on, or you use a service with it that you normally don't. Coinbase in particular enjoy freaking out if you change location.

You'll have to be quite disciplined. I presume there's a way to configure them to start and log in as soon as you turn on your machine but that might screw with your day to day usage. Sometimes you want geographical accuracy.

Husires

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Quote from: gentlemand on December 05, 2019, 06:42:47 AM

I use a VPN for various things and it often breaks or I forget to use it. I guess if you have a VPN with a firewall that disconnects you when it disconnects you should be OK. Windscribe does this I presume others do.

Quote

I use Private Internet Access. Under privacy settings, always keep the "VPN Killswitch" on.

So using any of these VPNs will be safe (Windscribe or Private Internet Access)?
No need to purchase a Dedicated VPN?

Quote

Atomic swap should be done by a smartcontract , without any further human interference.

Can https://dex.ag/ be considered an Atomic swap?

squatter

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Quote from: gentlemand on December 06, 2019, 04:52:12 AM

Quote from: squatter on December 06, 2019, 04:43:54 AM

Binance DEX traders are just trading tokens issued by Binance. Binance holds all the real assets in custody. It's all a big gimmick.

I wonder why it bothers existing in the first place if it's effectively no different. Probably to pump their token.

I get the feeling 'dex' will become a word almost as debased and abused as 'genius'.

Binance butchered it worse than anyone else. Honestly, it was pretty deceptive. I never thought highly of CZ and this solidified that opinion.

Pumping their token was definitely part of it. They also needed ways to give BNB "utility" (to argue against it being characterized as a security) so integrating it into the "DEX" was two birds with one stone.

bitmover

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Quote from: Husires on December 05, 2019, 02:05:02 AM

If there is a decentralized service that automatically exchange between cryptocurrencies, what is it?

(The goal is automated speculation between cryptocurrencies.)

This would be atomic swap, but I don't know any service which really does that.
Atomic swap should be done by a smartcontract , without any further human interference.

Binance Dex is not decentralized

I would use binance with a good vpn as other mentioned

gentlemand

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Quote from: squatter on December 06, 2019, 04:43:54 AM

Binance DEX traders are just trading tokens issued by Binance. Binance holds all the real assets in custody. It's all a big gimmick.

I wonder why it bothers existing in the first place if it's effectively no different. Probably to pump their token.

I get the feeling 'dex' will become a word almost as debased and abused as 'genius'.

When there's no custody, no domain and no one involved in running them apart from developers of the software then we'll talk.

squatter

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Quote from: gentlemand on December 05, 2019, 06:42:47 AM

Quote from: 1Referee on December 05, 2019, 05:45:55 AM

Binance does have a 'DEX' but there are some serious doubts about it actually being decentralized or not.

I thought it had been comprehensively proven that it wasn't. I think it is in theory non custodial but it can reverse transactions and block people.

Binance Chain only has a handful of validators so it's completely permissioned. It actually gets much worse than that, too. It's fully custodial. This is how it works:

Quote from: gentlemand on December 05, 2019, 06:42:47 AM

I use a VPN for various things and it often breaks or I forget to use it. I guess if you have a VPN with a firewall that disconnects you when it disconnects you should be OK. Windscribe does this I presume others do.

Yes, definitely use a VPN that can block outside client-side traffic.

I use Private Internet Access. Under privacy settings, always keep the "VPN Killswitch" on.

gentlemand

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Quote from: 1Referee on December 05, 2019, 05:45:55 AM

Binance does have a 'DEX' but there are some serious doubts about it actually being decentralized or not.

I thought it had been comprehensively proven that it wasn't. I think it is in theory non custodial but it can reverse transactions and block people.

I use a VPN for various things and it often breaks or I forget to use it. I guess if you have a VPN with a firewall that disconnects you when it disconnects you should be OK. Windscribe does this I presume others do.

I don't think any dex will be any use for intense trading.

1Referee

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There is no 'guaranteed' way to use Binance's main exchange. It's currently quite easy to access their platform and most functionalities through a VPN, but the moment they subject their users to kyc and whatnot, you will have some explaining to do when it comes to breaking their terms (which you do in that case). You will probably not get your funds back in that case.

Binance does have a 'DEX' but there are some serious doubts about it actually being decentralized or not. Considering that the goal for you is speculation, it's probably not the best idea to use a DEX for that purpose because of the lack of liquidity and the generally larger spreads (both aspects that make short term speculation not viable).

Husires

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I am from Syria, one of the countries banned from the use of Binance, what is the most guaranteed way to use it anonymously? I mean within 2 Bitcoin allowed without sending IDs.
Using VPN, Dedicated IP, VPS, RDP, or what?
If there is a decentralized service that automatically exchange between cryptocurrencies, what is it?

(The goal is automated speculation between cryptocurrencies.)

Topic: Best way to use Binance anonymously? (Read 209 times)