I’ve heard a lot of reports of popular exchanges freezing accounts of customers who traded with other exchanges that don’t have strong KYC requirements. How am I supposed to exchange for Monero if Coinbase (and the state of New York) dislike it?
I’m not trying to be sarcastic. I genuinely don’t know what to do in order to use Monero.
Where are these reports of popular exchanges freezing customer accounts? I'm also genuinely curious, because I've never heard of them, and a cursory Google search isn't turning up much.
As for exchanging for Monero, there's starting to be the option of atomic swaps with Bitcoin. Alternatively, you could also try going through one of the various non-KYC automated swapping services.
Only use exchanges to put in cash or to do exchanges. If you're serious about crypto and want more than a few hundred dollars in there, you should get a ledger and move your money off of the exchanges (hardware wallet).
I made a throwaway account just for this, because shame and stigma for being poor is super real.
My PayPal got permanently banned because I owed them money. The reason I owed them money was because I lost my job and became permanently disabled due to COVID, and I took advantage of the fact that they floated money for a little bit before the ACH posted to my checking account in order to still be able to eat.
Anyway, I just started the first job I’ve been able to work in two years with enough salary to pay the debt off with my first paycheck, but because I couldn’t for so long they have permanently closed my account and banned me from their service.
I’m not trying to be sarcastic. I genuinely don’t know what to do in order to use Monero.