Unless you enjoy holding paper monero, and letting centralized exchanges get away with fractional reserves, always withdraw your crypto!

  • aldalire@lemmy.dbzer0.comOP
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    5 months ago

    This. All the CEX would know is “this guy bought monero and put it in a wallet (I make it a point to never reuse receive addresses). I have some plausible deniability of losing all my monero in a gambling accident or spending it all by never withdrawing it to one wallet, plus i get good prices

    • azalty
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      5 months ago

      Plus it justifies deposits in case I sell, they won’t be like « where does the crypto come from? »

      But yea in an ideal world that shouldn’t be required and we shouldn’t be spied on