this post was submitted on 31 Jul 2024
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Privacy

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Crypto questions (sh.itjust.works)
submitted 3 months ago* (last edited 3 months ago) by diy@sh.itjust.works to c/privacy@lemmy.ml
 
  1. When using Kraken to buy Monero, aren't you concerned about potential data breaches that could lead to identity theft?
  2. How secure is Kraken when it comes to protecting user information?
  3. 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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[โ€“] FierySpectre@lemmy.world 3 points 3 months ago (1 children)

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.

[โ€“] diy@sh.itjust.works 2 points 3 months ago

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