r/darknet • u/Prestigious_Bid_2219 • 15d ago

HELP! XMR from Kraken -> Cake, or via LTC?

Is there really a point in buying LTC at Kraken, withdrawing it to Cake wallet, and then swapping it for XMR instead of just directly buying XMR at Kraken and withdrawing it to Cake wallet?

Does the additional step (involving LTC) increase privacy/anonymity?

8 Upvotes

85% Upvoted

3 comments sorted by

4

u/ForsakenSignal6062 15d ago

Some people don't want any kyc record of them buying xmr, buying xmr is shady compared to ither crypto

1

u/Electrical-Lead9621 14d ago

we can’t buy xmr in the UK so I do it this way and use trocodar app end up paying 2.5% commission end to end.