It’s called a “non-custodial” wallet, you control your funds so you don’t need ID. Custodial wallets are tied to exchanges that hold your funds, even though they belong to you, and all transactions are approved by the exchange. They follow KYC for legal reasons, like a stock exchange, but they’re also a bit safer to use.
Since you’ll be doing peer to peer transactions, remember there are no backsies. Once you send money, it’s gone.
You won’t be able to cash out at registered exchanges, so it’ll be tricky to get IRL money unless you have buyers you trust.
I haven’t used these guys in a while, but they don’t need ID in Canada at least: https://coincards.com/
Be safe out there. Don’t buy shit coins. Sign up for airdrops. Transfer fees go up and down throughout the day, it’s always cheaper to move larger volumes at night in North America.
Hey, I know it’s been awhile but I have another question. For crypto currencies, my only options are bitcoin, dogecoin, litecoin and dash (assuming that dash is a crypto currency, I wasn’t able to find anything about what it actually is), can I use any of these four currencies with metamask?
For some reason I couldn’t find the FAQs when I tried to look for it. But it seems like the options I have available to me aren’t supported by metamask. This might not be much of a problem though, as I’ve found another way to get prepaid credit cards. The only problem is that they can’t actually be used on PayPal, which means I wont be able to buy some games from Itchio but most developers release their games through Steam, so I should be able to buy them there.
Metamask is very beginner friendly and no different from setting up an e-mail.
https://metamask.io/en-GB
It’s called a “non-custodial” wallet, you control your funds so you don’t need ID. Custodial wallets are tied to exchanges that hold your funds, even though they belong to you, and all transactions are approved by the exchange. They follow KYC for legal reasons, like a stock exchange, but they’re also a bit safer to use.
Since you’ll be doing peer to peer transactions, remember there are no backsies. Once you send money, it’s gone.
You won’t be able to cash out at registered exchanges, so it’ll be tricky to get IRL money unless you have buyers you trust.
I haven’t used these guys in a while, but they don’t need ID in Canada at least: https://coincards.com/
Be safe out there. Don’t buy shit coins. Sign up for airdrops. Transfer fees go up and down throughout the day, it’s always cheaper to move larger volumes at night in North America.
Hey, I know it’s been awhile but I have another question. For crypto currencies, my only options are bitcoin, dogecoin, litecoin and dash (assuming that dash is a crypto currency, I wasn’t able to find anything about what it actually is), can I use any of these four currencies with metamask?
Dash is a crypto, yeah. How to add coins and the supported currencies are here, along with anything else you need to know:
https://metamask.io/en-GB/faqs
For some reason I couldn’t find the FAQs when I tried to look for it. But it seems like the options I have available to me aren’t supported by metamask. This might not be much of a problem though, as I’ve found another way to get prepaid credit cards. The only problem is that they can’t actually be used on PayPal, which means I wont be able to buy some games from Itchio but most developers release their games through Steam, so I should be able to buy them there.