submitted 3 months ago* (last edited 3 months ago) by diy@sh.itjust.works to c/privacy@lemmy.ml

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When using Kraken to buy Monero, aren't you concerned about potential data breaches that could lead to identity theft?
How secure is Kraken when it comes to protecting user information?
If you use a no-KYC exchange like CakeWallet, aren't you worried about potential government investigations?

I'd like to get your thoughts on these options

I live in a EU member country

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[-] FierySpectre@lemmy.world 2 points 3 months ago

Depending on where you live Revolut might be an option for you. Unlike privacy.com its basically just an online bank where you can open an account and send money to/from, but they offer a one-time-use credit card (which changes every time you use it).

[-] diy@sh.itjust.works 2 points 3 months ago

What are your thoughts on the Revolut? Have you used it, and if so, do you like it and trust it despite the data breach and the updated privacy policy (Screenshot of the reddit thread) that permits data sharing with marketing networks?

[-] FierySpectre@lemmy.world 3 points 3 months ago

I use it all the time for the one time use cards, and it's been effortless to use.

The data breach is of course bad, but no company is completely immune to those.

Privacy policy... Is not a great look (especially with the marketing being opt-out and having a convoluted process...) I honestly hadn't heard about it. But even now I'll continue to use it because weighing the marketing vs my CC details out there is still not a hard choice.

[-] diy@sh.itjust.works 2 points 3 months ago

Thanks, you're right. I am going to make an account and try it out

this post was submitted on 31 Jul 2024

8 points (62.5% liked)

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