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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[-] shortwavesurfer@lemmy.zip 5 points 3 months ago

We will have to agree to disagree on that, as I have been using crypto for over a decade, and while there are lots of scams, there are legitimately great projects as well, such as Monero. These scams, unfortunately, get much, much more of the attention than the true honest to God innovations.

this post was submitted on 31 Jul 2024

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Privacy

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