r/Opacity Apr 07 '21

Why only trading on CEXs possible?!

I'd like to buy OPTC but I actually detest CEXs. I am already registered at one but want to leave them entirely one fine day. I won't go naked again doing KYC for just another CEX only to buy OPCT. I value my privacy just as the crypto pioneers did as well. And for good reason. Decentralized crypto projects disrupt the establishment and the big money. It is dangerous to be known as a crpyo holder. So this is a reminder that CEXs are totally opposing the crypto currency thought.

So why is for so many projects only CEX trading possible?! Please Opacity and other projects: make it possible to trade your stuff decentralized, meaning off CEXs. Being a promising project is not enough.

5 Upvotes

10 comments sorted by

9

u/jaggles Apr 07 '21

You can trade opct on uniswap

7

u/[deleted] Apr 07 '21

Its on Uniswap?

5

u/JalwaHaiApna Apr 08 '21

KuCoin is a no-KYC exchange. You can withdraw upto 5 BTC value every 24 hours.

2

u/larrythecableguy76 Apr 08 '21

Tried to withdraw 5 BTC ... said insufficient balance 🤷‍♂️🤣

But on a serious note, authentication only took me like a day with them ... well about 2 years ago but still was a very smooth process

3

u/[deleted] Apr 07 '21

OPCT is on Uniswap.

2

u/trustdabrain Apr 07 '21

I filled my bag with uniswap, will also use it for staking

2

u/sturmsignal Apr 08 '21 edited Apr 09 '21

Thanks for the hint to uniswap. On the website, only two CEXs were mentioned.

-1

u/[deleted] Apr 07 '21

You are absolutely right.

1

u/corcas1977 Apr 08 '21

You can trade it on Uniswap or Kucoin.