How to sell $300k+ Monero without origin of funds? (monero.town)

submitted 10 months ago by moneroworld@monero.town to c/monero@monero.town

33 comments fedilink hide all child comments

I bought it in the early days and moved several times due to security reasons. As a result, I'm unable to prove its origin. What would be a viable strategy to cash out?

you are viewing a single comment's thread
view the rest of the comments

[-] popemichael@lemmy.sdf.org 1 points 10 months ago

You could use a site like FixedFloat to slowly convert it to another coin, like Bitcoin. (You just have to use a VPN if you're in the US)

Then you can use something like Bisq to trade it for cash or card or whatever.

You can also convert it to ETH, and send it to an exchange that doesn't ask too many questions, like PayPal.

I've done this last year with 90k with Bisq and 100k with PayPal and I had zero issues.

[-] Zerglingman@freespeechextremist.com -1 points 10 months ago

@popemichael @moneroworld >You just have to use a VPN if you’re in the US

https://trocador.app/
https://flyp.me/
Sideshift.ai
Morphtoken
SimpleSwap
ChangeNow https://changenow.io/ has fiat
Godex
blob

[-] popemichael@lemmy.sdf.org 2 points 10 months ago

I can also endorse godex.io and Changenow.io as reputable exchanges

That is an awesome list, ZM. I for sure plan on checking out all of them.

Thanks, for the information! 🤩

load more comments (7 replies)

this post was submitted on 29 Oct 2023

21 points (83.9% liked)

Monero

1581 readers

32 users here now

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

Wallets

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago

MODERATORS

admin@monero.town