this post was submitted on 12 Jul 2023

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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

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Monero, XMR, crypto, cryptocurrency

founded 2 years ago

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I still do not understand how I can get and use Monero easily whilst maintaining privacy (lemmy.world)

submitted 2 years ago by [email protected] to c/[email protected]

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Hi,

In short, since the crackdown on fiat-to-monero started, the only way to get monero that I could figure out was:

Purchase Bitcoin using fiat.
Purchase Monero using Bitcoin.
Change Monero back to Bitcoin.
Pay using Bitcoin for services that don't accept Monero.

Could someone tell me if doing step 2 and 3 still ensures my privacy, or is it pointless? I don't see any other way to use Monero for payments which don't accept Monero.

Thanks.

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[–] [email protected] 2 points 2 years ago (1 children)

It is not illegal to buy crypto or sell crypto. Where the problem occurs is when you make a business out of it then you need money transmitter crap. But that is only for sellers and if you only need to sell a couple times a year then no problem.

[–] [email protected] 2 points 2 years ago

Ah, thank you. This eases my fears