Hi all,
I just started to use crypto, only done one transaction but ok so far but I'm feeling more confident about what I'm doing. I have a friend that wants to get into peptides, but he doesn't want to use crypto. He has pretty bad ADHD and when I started to explain the steps to him he shut down immediately!
For reasons I can't really go into, I can't be directly involved in supplying him with products, but I do want to help him out as he's struggling at the moment. He is going to get ripped off by resellers charging 4x what he could pay using crypto.
My question is, if he set up his order with a vendor and sent their wallet address to me and paid me in cash, if I used my crypto set up to pay the fee, what would my risk exposure be? I use Coinbase + Exodus.
Am I right in thinking the transaction could not be traced back to me and I could plausibly deny even if things went south with the friend?
Thanks all, just starting out so a bit paranoid at the mo!
EDIT: Someone very kindly reached out to me and gave me some advice. In my personal situation I'm not going to be doing this but I've pointed my friend to one of the guides listed here and I've offered to help him set up his crypto when he's ready. Thanks everyone!
I just started to use crypto, only done one transaction but ok so far but I'm feeling more confident about what I'm doing. I have a friend that wants to get into peptides, but he doesn't want to use crypto. He has pretty bad ADHD and when I started to explain the steps to him he shut down immediately!
For reasons I can't really go into, I can't be directly involved in supplying him with products, but I do want to help him out as he's struggling at the moment. He is going to get ripped off by resellers charging 4x what he could pay using crypto.
My question is, if he set up his order with a vendor and sent their wallet address to me and paid me in cash, if I used my crypto set up to pay the fee, what would my risk exposure be? I use Coinbase + Exodus.
Am I right in thinking the transaction could not be traced back to me and I could plausibly deny even if things went south with the friend?
Thanks all, just starting out so a bit paranoid at the mo!
EDIT: Someone very kindly reached out to me and gave me some advice. In my personal situation I'm not going to be doing this but I've pointed my friend to one of the guides listed here and I've offered to help him set up his crypto when he's ready. Thanks everyone!
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