Topic: Bitcoin Exchanges and Privacy? KYC? (Read 817 times)
You can use coinbase without verifying your identity as long as you don't use it to buy or sell.
If you are only sending coins in and out (no fiat deposit/withdrawal), then BTCE and Bitfinex are options that don't require verification. Stamp, I believe, requires verification to withdraw bitcoins.
If you want you use an exchange as a pseudo mixing service use one without KYC, such as localbitcoins.
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I have read a few suggestions here to just send BTC to exchanges, and then wait a while and have them sent back (perhaps even in part) all with the idea of giving some extra privacy (vs. using mixing services).
But I have a question:
Do you lose privacy when using the BTC exchanges, even just to send some over there and have them send BTC back? "Know your customer" rules? Etc.
I am interested in privacy for my BTC holdings, and if I have to pay a mixing service (or two!) just a little bit to hide my BTC and wallet connections, that is OK with me.
If the exchanges insist on knowing a lot about their customers, that is not OK with me.
Thoughts?
I have read a few suggestions here to just send BTC to exchanges, and then wait a while and have them sent back (perhaps even in part) all with the idea of giving some extra privacy (vs. using mixing services).
But I have a question:
Do you lose privacy when using the BTC exchanges, even just to send some over there and have them send BTC back? "Know your customer" rules? Etc.
I am interested in privacy for my BTC holdings, and if I have to pay a mixing service (or two!) just a little bit to hide my BTC and wallet connections, that is OK with me.
If the exchanges insist on knowing a lot about their customers, that is not OK with me.
Thoughts?
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