this post was submitted on 24 Sep 2024
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I am new to using Monero. What are the rules to moving anon. and safe with Monero. Safest exchanges, Wallets, and sources to spend online would be ideal. How does one turn cash into crypto. Debit cards possible or surrogate spenders?

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[–] memphis 9 points 1 month ago

The official Monero website has some good recommendations. There's always the option of using cash (etc.) to buy Monero from one of the decentralized exchanges, but you may have to interact irl.

[–] rolling_resistance@lemmy.world 5 points 1 month ago (1 children)
[–] kixik@lemmy.ml 6 points 1 month ago (1 children)

There's as well !monero!monero@lemmy.ml which I guess halted in favor of !monero!monero@monero.town?

If this is the case, I'm wondering why not locking the community, writing a message in the community information to go to the actual active one (!monero!monero@monero.town)...

[–] liliumstar@lemmy.dbzer0.com 5 points 1 month ago (2 children)

I don't know how safe this is, but what I do:

  1. Make a local XMR wallet, backup, and host your own blockchain
  2. Buy regular crypto, say LTC, from a legit exchange with KYC
  3. Swap that to XMR on an anon swap/exchange, storing in your wallet 3 (optional). Move from your first wallet to another, for extra safety???

Spend it where you can, not many places. BTCPay server, which can be self-hosted, supports it, so there are options.

[–] EngineerGaming@feddit.nl 6 points 1 month ago* (last edited 1 month ago)

I would rather not use KYC even for low-sensitivity transactions. Because I am afraid of such sensitive info leaking. Sure, I do KYC for things like phone service already - but would avoid it at any cost where it can be done.

[–] ReversalHatchery@beehaw.org 2 points 1 month ago

Spend it where you can, not many places.

there's a surprising amount of sites where you can buy gift cards with Monero, for a lot of services. there's also a few where you can buy a prepaid card

[–] MigratingtoLemmy@lemmy.world 3 points 1 month ago

To be safe: paper wallets.

The rest: YMMV

[–] delirious_owl@discuss.online 3 points 1 month ago

Do people not trade at meetups anymore?

[–] 0x0@programming.dev 1 points 1 month ago (1 children)
[–] UnspokenIdiot@lemmy.wtf 1 points 1 month ago

have someone used those crypto atms?