If the exchange you bought from tells your tax authority, and they will eventually, then said tax authority will know you bought btc at a certain price. If you can prove you spent that btc, at a loss preferably, then they will tax you accordingly. So, sell now on an exchange and buy back non kyc. Hold for as long as you wish. Whirlpool breaks (mostly) the link to your ID.
UTXO management is essential too
Hm okay. My plan is to have a Large kyc bitcoin stack and a Large Non-Kyc stack and NEVER mix the two. I dont want to sell any btc for FIAT , too much headache. thanks for the help, now i have to learn how to buy alot of non kyc Lol
That's a good plan. There are a number of kyc free apps. Robosats is a good place to start. Remember kyc sats are sold at a discount for a reason
Yes, im noticing how high the rates are but its whatver. Is Bank2Bank/Zelle okay to use? the bank doesnt know what I am buying soo
Don't know
Oh do you use amazon gift card? just want to know the preferred payment
You need to find what's best for you. Amazon is a company I try not to fund but its an option.
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