this post was submitted on 22 Dec 2023
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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I don't recommend, their service is buggy as hell and requires KYC. Avoid at all costs, just got scammed $10.
Thanks for warning. Saw https://monero.town/post/872283 too. Guess Cake Pay may be convenient for those who are fine with KYC. Another option, that Stealths thing is more expensive (higher fees), so basically if you want to buy a gift card here or there, you’ll have to choose between (possible) KYC and higher fees. Or so it seems…
https://trocador.app/ also sells Visa cards from Tremendous with lower fees but higher minimum value (50€)
But they don’t claim to support 3D secure even though the card comes from the same provider as Stealths. Trocador is a bit weird because they have contradictory information on their sale page (fees and features are not the same at the top of the page and at the bottom of it)
But yea it would be great to have a lower fee alternative with a low minimum value.
Cake Pay should be fine for most gift cards, I don’t think they usually ask for KYC for those.
So perhaps your recent bad experience with Mastercard EUR cards are rather exceptional?
I don’t recommend using Cake Pay for VISA / Mastercard
For other services, they probably won’t enforce KYC
Another bad experience related to Mastercard: https://monero.town/post/1791576
Thanks for sharing