Why Nostr? What is Njump?
2025-01-11 18:49:14
in reply to

Herr Urlaub⚡💜 on Nostr: Onboarding my friend, a total Bitcoin newbie, to a KYC service was a nightmare. While ...

Onboarding my friend, a total Bitcoin newbie, to a KYC service was a nightmare. While OGs might prefer peer-to-peer exchanges, KYC can be a major obstacle for nocoiner especially in developing economies.

A simpler approach could be a no-KYC fiat on-ramp like - it integrates with Meld.io for bank transfers and Bitcoin credit card purchases. Although it's not anonymous and may be more expensive, it offers an easier way to acquire Bitcoin.
Speaking of which, I suspect Aqua will also require KYC once they launch their planned debit card?

Do you have any recommendations for other user-friendly, no-KYC fiat on/off ramps suitable for beginners?
Author Public Key
npub1evpu4n92k93urmx3dt2qqvp62u953ran889tk4j3dysjj4szqcfq7rmxg7