if you really don't want to do the KYC then the only thing that is left is to do P2P transactions. but it has its own pros and cons. The pros being you don't need to share your information with centralized exchanges, so your privacy stay safe. you are not required to share any information regarding the transaction.
but the cons are you need to meet with strangers, do a face to face transaction, in which that guy can follow you if you're not careful enough and end up at your home if they have bad intentions. also there's a problem of being getting recognized by law enforcement people. I'm from a country where Bitcoin is banned, and I know how dangerous this is. if you get caught you could be put into jail.
you could also get robbed if you are not careful enough while doing P2P trading.
I guess if you are really concerned about your privacy then you must take the risk and try to find the best guy for P2P transaction. but if not then I guess you are fine with doing KYC and then converting your USDT into your local Fiat.
I am not going to suggest Bitcoin ATM because it's not widely available, and the fee is too high for some people. so the availability is in the question here. it is better not to talk about it if it's not available.
Topic: How to Cash without KYC? (Read 296 times)
So, I have USDT. But I don't want to register for centralization exchange where I must KYC to exchange USDT into my local Fiat. What can I do? how to exchange it?
If KYC, I can exchange it on Binance or my local exchange where all have paired with USDT. But I won't it, because I don't want people to know my identity when withdraw it into my local bank.
I also seeing many people selling bank accounts on my local online shop, but of course, it's illegal, the seller might be taking it back to the account after I deposited the money.
this is very confusing me, I can exchange BTC to USDT without KYC and register using eXch exchange, but still confused to cash (USDT) into my local fiat and spending it.
Hard to find that option since most of the platform ask KYC to their consumer so its not possible for you to withdraw your balance unless you obey to submit your KYC feature to them. But there's one option you can do and find a person who's willing to buy bitcoin on your nearest place. Do meetup since its hard to do p2p online since to many scammers wandering on this space. So much better that you can see personally those person you want to deal with to make sure that transaction became smooth and no issue will happen.
But much advisable if you do KYC since this could make your life more easier and just ignore your negative thoughts about it since KYC submission became a normal procedure to all crypto user so that they can fully access all features of the platform also you will not have any problem regarding on cashing out your balance or if you want to deposit.
So, I have USDT. But I don't want to register for centralization exchange where I must KYC to exchange USDT into my local Fiat. What can I do? how to exchange it?
If KYC, I can exchange it on Binance or my local exchange where all have paired with USDT. But I won't it, because I don't want people to know my identity when withdraw it into my local bank.
I also seeing many people selling bank accounts on my local online shop, but of course, it's illegal, the seller might be taking it back to the account after I deposited the money.
this is very confusing me, I can exchange BTC to USDT without KYC and register using eXch exchange, but still confused to cash (USDT) into my local fiat and spending it.
P2P would be an option for you, but that is a little risky, as you all know nowadays scammers are everywhere. So, you have to do KYC, there are many exchanges like MEXC, for trading you don't need to do KYC, but for exchanging to local fiat you must do KYC, as I haven't seen any exchange in which we can sell USDT without KYC.
You can go for the P2P option but the person should be trustable, so you can easily transfer your USDT. Another problem is if the government in your country has banned bitcoin trading in your country, then there would be a risk in P2P trading, maybe you lose your assets, which I can't suggest to you then. Also, Binance is not going to offer its non-KYC users P2P trading, you have to pass the verification of some security terms to do P2P trading.
So, I have USDT. But I don't want to register for centralization exchange where I must KYC to exchange USDT into my local Fiat. What can I do? how to exchange it?
If KYC, I can exchange it on Binance or my local exchange where all have paired with USDT. But I won't it, because I don't want people to know my identity when withdraw it into my local bank.
I also seeing many people selling bank accounts on my local online shop, but of course, it's illegal, the seller might be taking it back to the account after I deposited the money.
this is very confusing me, I can exchange BTC to USDT without KYC and register using eXch exchange, but still confused to cash (USDT) into my local fiat and spending it.
But this option has three problems, the first is that fees are going to be very high, you cannot cash out a lot of money at once, and you may run the risk of finding someone that could try to scam you, steal your coins or if you are in a country where bitcoin is banned, you could even met an undercover cop and go to jail because of this.
So, I have USDT. But I don't want to register for centralization exchange where I must KYC to exchange USDT into my local Fiat. What can I do? how to exchange it?
Fiat is regulated by central banks, to get your hands on it the quickest way, you should be ready for KYC but alternative as others have suggested, make use of Bisq and HodlHodl but the rate conversation will be slightly lower than other centralized exchanges that patronize more customers. But if I may, there should be a dedicated local board for you where you can do this easily, there are fiat sellers and buyers here on the forum, that's should be fine but checki their reputation or if you must, get an escrow but that also comes with a charges.
Quote
If KYC, I can exchange it on Binance or my local exchange where all have paired with USDT. But I won't it, because I don't want people to know my identity when withdraw it into my local bank.
I also seeing many people selling bank accounts on my local online shop, but of course, it's illegal, the seller might be taking it back to the account after I deposited the money.
this is very confusing me, I can exchange BTC to USDT without KYC and register using eXch exchange, but still confused to cash (USDT) into my local fiat and spending it.
I also seeing many people selling bank accounts on my local online shop, but of course, it's illegal, the seller might be taking it back to the account after I deposited the money.
this is very confusing me, I can exchange BTC to USDT without KYC and register using eXch exchange, but still confused to cash (USDT) into my local fiat and spending it.
These will land you in prison faster than than kyc you are trying to avoid. Don't buy a stolen bank account, even if the seller accept third party account, it's more like money laundering and the person in originally in charge of the account can report the destination of the money.
You don't have to under go long process of converting from USDT, your BTC will converted in real time to fiat and that's what the seller is going to be sending for you. Just indicate your local board or language and go to the market board and create a thread that you want to exchange BTC to a fiat, there should be a person ready to come for your service. Some may ask for charges though.
If you don’t have lots to sell then you can either find a Bitcoin ATM somewhere in your area but expect to lose about 10% in fees alone.
unfortunately, I couldn't find a bitcoin ATM in my country because was banned since long time ago.3. Some local Facebook group. Just make sure to do the transaction in a well secured place like a mall
Social media is the best choice, but for beginners like me, I am still confused to comparing who a scammer and a legit seller.But this is not to promote the exchange so you should do so with caution. Link
thanks that's very helpful, but I won't dare to do up to $500.The other question is what do YOU consider KYC?
Email + phone + physical address, but they don't actually check the physical address, just take your word for it.
And so on.
I don't dare those 3 option, but KYC I means is proof the ID card and my real name.Email + phone + physical address, but they don't actually check the physical address, just take your word for it.
And so on.
I still confused, Is there a bank without KYC?
I think you got answe already, however you will share bank details with buyer even if you choose any platform. The best option is to choose ATM but after research I think there is no ATM in your country. Bisq,Hodl are best option then but I think if you want to convert bug fund then don't do at once which is not secured as authority could check your bank transaction. Some users suggested selling to local forum members but you in case you will reveal bank account details which is not looking secure to me.
Binance doesn't offering P2P service to Non KYC users. Users have to pass full face verification and ID card verification for this. Binance P2P is fast and safe but KYC is problem which OP doesn't want to do.
However, how about using Binance P2P? If users from your country is allowed to trade on Binance exchange, then you should go for it. Performing tier 1 KYC on Binance does not take much of your personal information, it only requires you to verify your phone number, email address and will be able trade your cryptocurrencies through P2P with users from your country.
Binance doesn't offering P2P service to Non KYC users. Users have to pass full face verification and ID card verification for this. Binance P2P is fast and safe but KYC is problem which OP doesn't want to do.
I don't think you're in a position where you have a choice whether to protect your identity but still get the chance to withdraw your USDT. I understand that you're concerned about your anonymity but there's no other secure way to conduct P2P trading other than with CEXs that require KYC before you can get into the process of P2P. There are other P2P centers out there and you could ask people in here to do that for you but then again remember that it comes with the risk of getting scammed, so be careful with what you deal with.
It's just the way things go here in the cryptocurrency world, you can't have your cake and eat it too sometimes. There's always risk involved.
It's just the way things go here in the cryptocurrency world, you can't have your cake and eat it too sometimes. There's always risk involved.
...However, how about using Binance P2P? If users from your country is allowed to trade on Binance exchange, then you should go for it. Performing tier 1 KYC on Binance does not take much of your personal information, it only requires you to verify your phone number, email address and will be able trade your cryptocurrencies through P2P with users from your country.
Where did you get this information from? The email address and phone number will not be enough to pass KYC on the Binance. To pass the KYC procedure on Binance, you will need at least a state-issued identity card and a faces recognition procedure. And for operations with fiat, address verification will also be required. Exactly what OP wants to avoid.
I also seeing many people selling bank accounts on my local online shop, but of course, it's illegal, the seller might be taking it back to the account after I deposited the money.
Never trust them. It's too risky.If KYC, I can exchange it on Binance or my local exchange where all have paired with USDT. But I won't it, because I don't want people to know my identity when withdraw it into my local bank.
It's dilemma.Try doing it with direct P2P, not P2P Binance or other exchanges. It seems that in the past, one of our local members accepted crypto exchange transactions to fiat. So you can transact directly with him. If we look at it, he is quite trustworthy because he used to place advertisements on signature banners too. However, to ensure whether he still accepts P2P or not, just contact him directly via PM.
It's really not possible to turn it into fiat without doing p2p. If you really want to do it, you are going to be forced to trade it with a person face to face, I mean it doesn't have to be face to face but basically you give them your bank details, they send you the money and you send them the USDT, that's the only way, this can be done online too but you may not trust anyone, so make sure they send the money first, and not something like paypal because they can chargeback. It is all around risky and dangerous, I would highly suggest that it is not going to end up with anything good, I would definitely consider this as bad idea and should be done differently.
Just give your KYC to any exchange that requires it, unless you are a wanted criminal then you shouldn't have any issues because your KYC at an exchange doesn't raise any flags unless you are a criminal. And if you are a criminal then you shouldn't be trading crypto at all and just give yourself to the police.
Just give your KYC to any exchange that requires it, unless you are a wanted criminal then you shouldn't have any issues because your KYC at an exchange doesn't raise any flags unless you are a criminal. And if you are a criminal then you shouldn't be trading crypto at all and just give yourself to the police.
If I am not wrong then you can use Paxful for the exchange. This is possible through Peer to Peer exchange that jd available at Paxful. Paxful allows users to exchange or trade upto 1000$ without any KYC. So do check that out and sell the coins if possible. I am not promoting paxful here, but yes this is the only trusted P2P exchange that is running in the market. Before transacting or depositing any coin in paxful, do check their terms and conditions for better clarity.
Take advantage of the services of a trusted local exchange partner, I see this thread has been published for years and seems to have received many satisfied reviews. https://bitcointalksearch.org/topic/zaky-cell-jual-beli-bitcoin-voucher-indodax-official-p2p-binance-escrow-2403266
The owner is still active even though the website is no longer accessible. You can ask by PM to confirm whether the service is still available.
The owner is still active even though the website is no longer accessible. You can ask by PM to confirm whether the service is still available.
You can look for a local p2p trader in your area or if you have any of them on Watsapp, because I could remember that when there was NP exchanges, exchange is done through a Watsapp group but you must trust the person before you trade with him. You can also check on the forum service board as there might be forum members from your country that are into such service. If you don't see any of this option then you should use the exchanges provided to you by Charles-Tim and Omega stream. Bitcoin ATM isn't advisable base on the fee.
Use hodlhodl is what I think is the best among the options that remain.
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Bisq does not have USDT pair.
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Bisq does not have USDT pair.
Correct me if I am wrong. You can only buy or sell bitcoin using USDT. OP has USDT and want to cash it out for fiat, so even Hodlhodl many not be an option. If he does not want to convert the USDT to any other coin, then Localcoinswap.com might be the only known popular option OP can use
Alternative, he could just convert the USDT to Bitcoin using instant exchanges that don't require KYC like Exch.cx and then;
use Agoradesk, HodlHodl, Bisq to get his fiat
As far as I know with P2P you can make a transaction even if you do not pass KYC as long as you have not yet reached the maximum limit of their withdrawal amount. And as far as I know OKX, and Kucoin can do that.
Now, if you have no other choice, you can do nothing if you really give or submit a KYC too. After all, you can't bring it out or to convert it to your fiat, right? But try to find out on Google Dude, forr now I can't provide full details due to I'm using mobile device.
Now, if you have no other choice, you can do nothing if you really give or submit a KYC too. After all, you can't bring it out or to convert it to your fiat, right? But try to find out on Google Dude, forr now I can't provide full details due to I'm using mobile device.
There is also localcoinswap. I have been using it on and off for a while with no issues.
Regular link:https://localcoinswap.com
Referral Link https://localcoinswap.com/?rc=6850A0CC
Just keep in mind offers too good to be true, usually are. i.e. nobody is going to give 20% over the value of your coin but you still see those offers pop up.
The other question is what do YOU consider KYC?
Email address?
Email + phone number (to get sms)?
Email + phone + physical address, but they don't actually check the physical address, just take your word for it.
And so on.
Everyone is going to have their own level of acceptable info.
Side note, if you want to use lightning instead of USDT there is also robosats
-Dave
Regular link:https://localcoinswap.com
Referral Link https://localcoinswap.com/?rc=6850A0CC
Just keep in mind offers too good to be true, usually are. i.e. nobody is going to give 20% over the value of your coin but you still see those offers pop up.
The other question is what do YOU consider KYC?
Email address?
Email + phone number (to get sms)?
Email + phone + physical address, but they don't actually check the physical address, just take your word for it.
And so on.
Everyone is going to have their own level of acceptable info.
Side note, if you want to use lightning instead of USDT there is also robosats
-Dave
this is very confusing me, I can exchange BTC to USDT without KYC and register using eXch exchange, but still confused to cash (USDT) into my local fiat and spending it.
KYC is vital part on transacting fiat to track possible money laundering issue. Cryptocurrency like BTC, USDT and etc is not regulated in your country that’s why you can exchange it without any problem. Anything that fiat touch is the only problem with the government because it needs to be regulated.
Decentralized P2P or forum P2P is your only choice if you want to cashout without KYC since your are removing centralized middleman on your transactions which is being use to regulate fiat by the government since it’s impossible to regulate cryptocurrency alone due to its decentralized nature.
So, I have USDT. But I don't want to register for centralization exchange where I must KYC to exchange USDT into my local Fiat. What can I do? how to exchange it?
If KYC, I can exchange it on Binance or my local exchange where all have paired with USDT. But I won't it, because I don't want people to know my identity when withdraw it into my local bank.
I also seeing many people selling bank accounts on my local online shop, but of course, it's illegal, the seller might be taking it back to the account after I deposited the money.
this is very confusing me, I can exchange BTC to USDT without KYC and register using eXch exchange, but still confused to cash (USDT) into my local fiat and spending it.
Bitcoin ATM could be an option, but is Bitcoin ATM available where you are? Please check the Bitcoin ATM map here: https://coinatmradar.com/
However, if where or in the country you live there are no Bitcoin ATMs because government regulations still make Bitcoin/crypto illegal, of course local P2P is the last option. Sometimes there are crypto groups on social media in your area, try to find someone from this group who provides p2p services, of course with a high rating and trust. Ask other members you know in the group about people who open local p2p services.
-snip-
Ask someone here who has an account in Binance P2P to do the process for you (I do not know if this is compatible with the terms of use. If it is not, I do not recommend it to you).
Ask someone here who has an account in Binance P2P to do the process for you (I do not know if this is compatible with the terms of use. If it is not, I do not recommend it to you).
I would imagine it's against the TOS. It's mainly risky if you're selling fiat and using another name other than your account's name because when the buyer releases the funds, he's asked to tick a box confirming that he received the funds from X individual (where X is the name found in your passport) so if you were to submit funds from a bank account with a different name, the buyer could actually claim that he never received funds from you.
It's a bit different when you're buying though, because sometimes the sellers would ask you to send them your name and IBAN directly in the chat so you could basically send anyone's.
If KYC, I can exchange it on Binance or my local exchange where all have paired with USDT. But I won't it, because I don't want people to know my identity when withdraw it into my local bank.
If you utilize Binance or another CEX, no one will see your identity except the person who's assigned to check the KYC. It will not be spread if the team does not sell their users' identities. But we can't be sure since there were cases already about that.Aside from that, I'm curious as to why there are so many traders and investors on Binance, as well as whales, who have a lot of funds but aren't afraid to do KYC. I believe it is very important to consider for users with limited cash who are concerned about KYC.
Not all exchanges require require a compulsory KYC to operate. What they do most times is a pseudo KYC where you get to register with at least something personal like your mobile number (contact) or/and your email. Just these and you’re in. The trick used here for accounts with no proper KYC is the withdrawal limi and that plays out in the form of coin withdrawal to a wallet and not the typical p2p transactions carried out on the exchange.
Where KYC becomes a necessity is when you want to increase your withdrawal limit. There, you have to go through KYC for an upgrade and that is optional.
I know of Remitano to do that but, you must confirm if it’s functional in your jurisdiction before giving it a trier.
Where KYC becomes a necessity is when you want to increase your withdrawal limit. There, you have to go through KYC for an upgrade and that is optional.
I know of Remitano to do that but, you must confirm if it’s functional in your jurisdiction before giving it a trier.
Bitcoin ATMs are a good option if you have no other way, but it really depends on the amount (since some of them have very low limits) and the fees are also not that great.
I don't know where OP is from but the Bitcoin ATMs in my area now all require KYC, even for amounts under 100€. So it is practically impossible to withdraw (larger) amounts via such ATMs. Besides person-to-person (P2P) sales, you could otherwise try selling the coins here on the forum for FIAT, with an escrow interposed of course. But at least one of the participants will know your bank details - unless you can meet in person.
But be careful: Depending on the amount, the bank may want to have a receipt where the money comes from. If you cannot prove this, you will not be able to deposit the money, and in the worst case (e.g. if the bank suspects money laundering) this can also lead to a block on your account.
If you want to do it anyways without exposing your identity then simply go for purchasing the Bitcoin exchangeable gift cards. For example, you can buy an Amazon gift card or any other shopping site that you are comfortable with. Then simply buy gold chains bars or coins from these sites that provide certified gold. You can then sell it locally to the goldsmith. I think this will add extra layer of security. No one will ever know you had Bitcoin with you. However there are challenges in this, first, the country where you live should have online gold selling if yes then everything is going to be easy. Secondly if not then you will need to choose another option like buying stuff that you need or would buy after getting the cash from amazon only. If not then there is pretty much nothing you can do about it. Otherwise that would be pretty much money laundering if you are trying more other ways.
I mentioned this over the past few days that the only way is p2p outside the CEXs. Short version: do p2p with good traders on non cex p2p. Build a contact, trust, then trade directly.
You only have to bear risk of sending first but if trader reputation is big, they risk more if they don't send you back.
You only have to bear risk of sending first but if trader reputation is big, they risk more if they don't send you back.
If all of the above options do not work, there is a long option, but it guarantees complete anonymity for you, which is running a store that provides needs that do not exist in your country, such as buying things with Bitcoin and shipping them to your country, selling digital products, or selling gift cards or Google Play cards that you buy with Bitcoin. It is the longer way, but it It generates a database for you through which you can find people who may want to buy Bitcoin directly.
The easiest options are P2P. Ask someone here who has an account in Binance P2P to do the process for you (I do not know if this is compatible with the terms of use. If it is not, I do not recommend it to you).
The easiest options are P2P. Ask someone here who has an account in Binance P2P to do the process for you (I do not know if this is compatible with the terms of use. If it is not, I do not recommend it to you).
I think you should post this in your local board so that members in your locality can guide you on how to trade your USDT or any other asset to fiat without undergoing KYC.
However, how about using Binance P2P? If users from your country is allowed to trade on Binance exchange, then you should go for it. Performing tier 1 KYC on Binance does not take much of your personal information, it only requires you to verify your phone number, email address and will be able trade your cryptocurrencies through P2P with users from your country.
However, how about using Binance P2P? If users from your country is allowed to trade on Binance exchange, then you should go for it. Performing tier 1 KYC on Binance does not take much of your personal information, it only requires you to verify your phone number, email address and will be able trade your cryptocurrencies through P2P with users from your country.
So, I have USDT. But I don't want to register for centralization exchange where I must KYC to exchange USDT into my local Fiat. What can I do? how to exchange it?
2. Bisq/HodlHodl/LocalCryptos
-snip-
LocalCryptos has closed its doors some time ago[1][2]. AgoraDesk is also another non-KYC alternative.
Bitcoin ATMs are a good option if you have no other way, but it really depends on the amount (since some of them have very low limits) and the fees are also not that great.
[1] https://localcryptos.com/
[2] https://beincrypto.com/localcryptos-p2p-exchange-is-closing-its-doors/
So, I have USDT. But I don't want to register for centralization exchange where I must KYC to exchange USDT into my local Fiat. What can I do? how to exchange it?
Use hodlhodl is what I think is the best among the options that remain. 2. Bisq/HodlHodl/LocalCryptos
Maybe because we are no longer referring to localcryptos, you have forgotten that it is no more existing. Yes you can exchange your usdt to fiat using decentralized exchanges like bisq where KYC is not needed
Bisq does not have USDT pair. So, I have USDT. But I don't want to register for centralization exchange where I must KYC to exchange USDT into my local Fiat. What can I do? how to exchange it?
If KYC, I can exchange it on Binance or my local exchange where all have paired with USDT. But I won't it, because I don't want people to know my identity when withdraw it into my local bank.
I also seeing many people selling bank accounts on my local online shop, but of course, it's illegal, the seller might be taking it back to the account after I deposited the money.
this is very confusing me, I can exchange BTC to USDT without KYC and register using eXch exchange, but still confused to cash (USDT) into my local fiat and spending it.
Very unlikely that you can get it to work without KYC. As others mentioned if you really do not want to KYC the options are limited to:
1) You can try set up a cash trade in person with someone - this can be risky.
2) Some Crypto credit card companies let you buy a prepaid card/loadable card that can be used to withdraw from an ATM
Other than that, not really possible anymore. Good old days are gone unfortunately
So, I have USDT. But I don't want to register for centralization exchange where I must KYC to exchange USDT into my local Fiat. What can I do? how to exchange it?
If KYC, I can exchange it on Binance or my local exchange where all have paired with USDT. But I won't it, because I don't want people to know my identity when withdraw it into my local bank.
Yes you can exchange your usdt to fiat using decentralized exchanges like bisq where KYC is not needed, they are decentralized and also opened sourced. They use a multi sig method of holding your coins till the buyer pays to your account and then you give the confirmation and they release it. They support many countries currency, you can try it out.
The other way is to use this forum and look for your local board there are some reputable members that can sell or buy from you. Or if you don’t trust them you can ask someone reputable to be your escrow.
Since bitcoin is still not mass adopted then KYC is your only choice.
That is a pitty, but my recomendation is not convert btc to cash, my recomendation is actually the other way arount convert fiat to bitcoin and wait a little, search for services that actually acept bitcoin o start your own bussiness acepting bitcoin.
That is a pitty, but my recomendation is not convert btc to cash, my recomendation is actually the other way arount convert fiat to bitcoin and wait a little, search for services that actually acept bitcoin o start your own bussiness acepting bitcoin.
They are other methods like using decentralized exchanges or using local P2P on the forum, in fact buying or selling bitcoin seems easier than any cryptocurrency due to its adoption.
Yes no one will be happy to sell is precious bitcoin but emergencies can arise which cannot take control of and selling will be the last resort. So it happens, the best thing is to accumulate more when opportunities present them selves
So, I have USDT. But I don't want to register for centralization exchange where I must KYC to exchange USDT into my local Fiat. What can I do? how to exchange it?
If KYC, I can exchange it on Binance or my local exchange where all have paired with USDT. But I won't it, because I don't want people to know my identity when withdraw it into my local bank.
I also seeing many people selling bank accounts on my local online shop, but of course, it's illegal, the seller might be taking it back to the account after I deposited the money.
this is very confusing me, I can exchange BTC to USDT without KYC and register using eXch exchange, but still confused to cash (USDT) into my local fiat and spending it.
And others that are suggesting using Bitcoin ATM, I doubt there are any ATMs that don't ask for KYC. It used to be KYC free before. But right now, they will make you register at least your phone number before you can buy or sell any coins.
1. Bitcoin ATMs that don't request AML/KYC
2. Bisq/HodlHodl/LocalCryptos
3. Some local Facebook group. Just make sure to do the transaction in a well secured place like a mall
2. Bisq/HodlHodl/
3. Some local Facebook group. Just make sure to do the transaction in a well secured place like a mall
Since bitcoin is still not mass adopted then KYC is your only choice.
That is a pitty, but my recomendation is not convert btc to cash, my recomendation is actually the other way arount convert fiat to bitcoin and wait a little, search for services that actually acept bitcoin o start your own bussiness acepting bitcoin.
That is a pitty, but my recomendation is not convert btc to cash, my recomendation is actually the other way arount convert fiat to bitcoin and wait a little, search for services that actually acept bitcoin o start your own bussiness acepting bitcoin.
Since you want to sell your crypto and withdraw fiat you got pretty much no choice but to KYC.
If you don’t have lots to sell then you can either find a Bitcoin ATM somewhere in your area but expect to lose about 10% in fees alone.
Another option is P2P somewhere local. However this can be dangerous so make sure you use caution. Don’t go to any sketchy places at night. And only do business if they have feedback.
If you don’t have lots to sell then you can either find a Bitcoin ATM somewhere in your area but expect to lose about 10% in fees alone.
Another option is P2P somewhere local. However this can be dangerous so make sure you use caution. Don’t go to any sketchy places at night. And only do business if they have feedback.
So, I have USDT. But I don't want to register for centralization exchange where I must KYC to exchange USDT into my local Fiat. What can I do? how to exchange it?
If KYC, I can exchange it on Binance or my local exchange where all have paired with USDT. But I won't it, because I don't want people to know my identity when withdraw it into my local bank.
I also seeing many people selling bank accounts on my local online shop, but of course, it's illegal, the seller might be taking it back to the account after I deposited the money.
this is very confusing me, I can exchange BTC to USDT without KYC and register using eXch exchange, but still confused to cash (USDT) into my local fiat and spending it.
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