This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
I've tried it. Their KYC is so intrusive.
They asked me to scan my face through a third-party identity verification provider called Sumsub. Which seems like maybe the exclusive third party ID checker that CEXs use, because it came up with 2 other exchanges, including Binance.
I'd say stay way from it like fire. Maybe look for your local crypto ATM/Exchange or LocalMonero, as you've mentioned. So you could at least use cash and some pseudonymous information.
The downvotes indicate peoples opinion lmao.
These services have usually stricter KYC requirements than regular CEXes. They often ask for source of funds.
Also their site states they accept SWIFT but when I try to buy the payment method didn't appear. That was really annoying