bostonwine on Nostr: Is there any problem with consolidating kyc coins from different sources? Ie, bought ...
Is there any problem with consolidating kyc coins from different sources?
Ie, bought some on exchange, others on apps like strike or fold. Send to hot wallet. Consolidate UTXOs and send in increments (100K sats, 1M sats, whatever) to cold storage.
Your kyc stack amount is already “known”.
But sending to mobile wallet is “taking coins off the exchange” and then combining & sending to other addresses would look more like spending the coins than storing them.
Is there a drawback to this, in some way more so than already owning kyc corn?
Ie, bought some on exchange, others on apps like strike or fold. Send to hot wallet. Consolidate UTXOs and send in increments (100K sats, 1M sats, whatever) to cold storage.
Your kyc stack amount is already “known”.
But sending to mobile wallet is “taking coins off the exchange” and then combining & sending to other addresses would look more like spending the coins than storing them.
Is there a drawback to this, in some way more so than already owning kyc corn?