Mycelium BTC to Altcoin Wallet without lengthy registration?

HCP

legendary

Activity: 2086

Merit: 4361

Most of the exchanges these day require you to "register" and/or provide appropriate AML/KYC (Anti Money Laundering/Know Your Customer) documentation if you want to conduct transactions over a certain limit... These limits usually apply cumulatively, so doing a bunch of small transactions is the same as one large one.

There isn't really any way around that with most of the "big" exchanges that have decent volume like bitfinex, bittrex, kraken, poloniex etc.

So you other option is to use a service like ShapeShift or Changellyor something that just does a straight swap... you send one currency + output address and they send the specificed currency to your output address.

The downside to those services is that the fees, exchange rates and spreads involved can be quite punitive compared to exchanges.

Quote from: golfdoug on October 20, 2017, 05:56:18 PM

The only Exchange / Wallet I have found is Bitfinex.com

Is your google broken? Roll Eyes

https://www.google.com/search?q=bitcoin+exchange

john2231

hero member

Activity: 924

Merit: 1001

So you mean you are looking for exchanges that not asking for verification process?
The other alternative for bitfinex i think is ShapeShift.io that don't need any question or identity verification process
check their thread here https://bitcointalksearch.org/topic/shapeshiftio-instant-coin-exchange-no-account-needed-717973

And i think shapeshift is what you need without any asking your real documents

golfdoug

newbie

Activity: 13

Merit: 0

Thanks TryNinja and HCP for your quick reply. When I downloaded mycelium app onto my phone it did not ask any registration questions, no name, no address, no email address, no sin, no drivers licence, no passport or fingerprint type connection to myceleium Account 1 on my phone. When I went to the coffee shop Bitcoin ATM and began feeding in CDN$100 bills, the ATM asked me to hold up mycelium QR code to the camera and then input my cell phone number into the ATM. It sent me a verify number to enter. Now there is an association between my phone number, mycelium QR code and my Bitcoin pile in mycelium account. Even though the ATM has a place to scan your passport and do a fingerprint scan, we in Canada are not asked to provide any Registration for ownership of the account as long as we do not put more than CDN$3000 per transaction so 0 to $400,000. is no questions asked.

Now I would like to open a NEW non-celium wallet that allows me to purchase Ether, Dash, Ripple & Litecoin currencies with the BTC in mycelium account that Mycelium does not offer. My question is there a wallet out there that does not ask 20 questions? The only Exchange / Wallet I have found is Bitfinex.com I got this information from https://sites.google.com/view/crypto-coins/ Regards, D

HCP

legendary

Activity: 2086

Merit: 4361

Are you wanting to just move BTC to a new wallet that supports BTC and altcoins? or are you actually wanting to be able to convert your BTC into altcoins using the wallet?

TryNinja

legendary

Activity: 2758

Merit: 6830

What do you mean with registration process process?

Do you mean without having to send your Bitcoins to a new address? Or is is that you don't want to create a new wallet?

If you are looking for wallets that support multiple cryptocurrencies, use Exodus or Eden (depending on which altcoins you are looking for); I recommend you to just create a new wallet and just send everything you have from your old wallet to your new one. P.s: Please don't forget to save your backup phrase to avoid losing your funds.

- Exodus[1] currently supports:
Aragon, Augur, BAT, Bitcoin, Bitcoin Cash, Civic, Dash, Decred, EOS, Ethereum, ETH Classic, Gnosis, Golem, Litecoin, OmiseGo, Qtum (ERC20) and SALT;

- Eden[2] (which is an more advanced version of Exodus) supports everything that Exodus has, but also:
0x (ZRX), Basic Attention Token (BAT), Bancor (BNT), DigixDAO (DGD), District0x (DNT), Factom (FCT), FirstBlood (1ST), FunFair (FUN), Metal (MTL), Ripple (XRP), Status (SNT), Storj (STORJ), Wings (WINGS);

[1] https://www.exodus.io/
[1] https://www.exodus.io/eden/

golfdoug

newbie

Activity: 13

Merit: 0

If I have BTC in mycelium wallet on my phone, is there a way to download a different wallet that offers Ether, Dash, Ripple & Litecoin and transfer some of my BTC from mycelium to new wallet without going through a registration process? mycelium appeal was the lack of 20 questions to setup. What would that other wallet/exchange be? D

Topic: Mycelium BTC to Altcoin Wallet without lengthy registration? (Read 562 times)