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exchange coin to coin & stable coin
Think1st
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Oct 13, 2020 11:47 AM (This post was last modified: Oct 13, 2020 11:48 AM by Think1st.)
Got 2 quick questions

1) how do people exchange ex btc to XMR or ETH to BTC ?

2) Also what is the best stable coin to hold & buy a coin if let's say i believe a coin will drop to get a better price ?

Hopefully both answers are for someone who doesn't kyc like me so yeah. Thank you
Coft
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Oct 13, 2020 01:09 PM
(Oct 13, 2020 11:47 AM)Think1st Wrote:  Got 2 quick questions

1) how do people exchange ex btc to XMR or ETH to BTC ?

2) Also what is the best stable coin to hold & buy a coin if let's say i believe a coin will drop to get a better price ?

Hopefully both answers are for someone who doesn't kyc like me so yeah. Thank you

1. They use an exchange like Binance or Coinbase Pro
2. Tether (USDT)
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Think1st
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Oct 13, 2020 02:38 PM
(Oct 13, 2020 01:09 PM)Coft Wrote:  1. They use an exchange like Binance or Coinbase Pro
2. Tether (USDT)

For answer 1 aren't they both KYC

also for answer 2 USDT safe for someone who doesn't kyc ?
Coft
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Oct 13, 2020 03:26 PM
(Oct 13, 2020 02:38 PM)Think1st Wrote:  For answer 1 aren't they both KYC

also for answer 2 USDT safe for someone who doesn't kyc ?

You can use Binance without KYC but there is a 2BTC daily withdrawal limit
If you are looking to swap tokens without KYC, you should check coinswitch.co or Uniswap

No KYC is required for the use of Tether. It's just a cryptocurrency.
But if you prefer a Stablecoin not backed by a third party, there is DAI
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Think1st
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Oct 13, 2020 03:28 PM
(Oct 13, 2020 03:26 PM)Coft Wrote:  You can use Binance without KYC but there is a 2BTC daily withdrawal limit
If you are looking to swap tokens without KYC, you should check coinswitch.co or Uniswap

No KYC is required for the use of Tether. It's just a cryptocurrency.
But if you prefer a Stablecoin not backed by a third party, there is DAI

thanks I learn something new everyday
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