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0 sats \ 1 reply \ @npub1q67p49masrcjf__d7qaq6mwh0q OP 17 Feb 2024 \ parent \ on: What the best way to go out of exchanges and KYC-FREE my sats? bitcoin_beginners
That's great! Thank you so much for your advise. I'll explore Litecoin and research more about its MWEB options to plan some confidential transactions. It's not for storing BTC on other chains or layers just want to detach it from the KYC issue and bring them all back to BTC asap.
Also Liquid sound interesting... so much to learn!
I'm glad it could help. So much learning to do, indeed.
Take care not to move your BTC elsewhere and come back to BTC too soon with the same amount or via the same way, which could make it easy for someone to trace back your new BTC to the original KYC ones.
In case you decide to take an indirect route, going through a different layer or chain (other than just moving to Bitcoin and making coinjoins or alike), it could be worth (and cheaper) exchanging the BTC on the exchange and withdrawing into the other layer or chain, and after doing some confidential transactions (or whatever mixing strategy you take) go to BTC through atomic swaps (from LTC for example) or some decentralized exchange.
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