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Insight2026-10-244 min read

What Kraken Scraps Monero Withdrawal Questionnaires, Keeps XMR Listed means for your swap

Brief take: the headline, the parts that actually touch a no-KYC swap, and the order checklist for today. Source: The Defiant.

Source-of-funds checks remain, but co-CEO Arjun Sethi says asking what clients will do with withdrawn coins is unacceptable.

The full The Defiant coverage: Source-of-funds checks remain, but co-CEO Arjun Sethi says asking what clients will do with withdrawn coins is unacceptable.

What this actually touches. Privacy-related headlines are exactly when you want self-custody on both sides of a swap: payout to your own wallet, never through accounts. Fresh addresses each time, refund address set before sending — the mechanics don't change with the news cycle. (recovering misdirected funds)

Do this today. Open a quote for the pair you actually care about, lock it fixed, set your payout and refund addresses, and let the chain do the rest. No accounts, no emails, no KYC. (recovering misdirected funds)

Source: The Defiant: https://thedefiant.io/news/cefi/kraken-scraps-monero-withdrawal-questionnaires-keeps-xmr-listed

Frequently asked questions

Should I change my swap plan because of this news?

Usually the plan stays: fixed rate, fresh addresses, refund set first. The news changes timing, not mechanics — and only timing if it genuinely touches the chain or coin you're moving.

Can I still do this without KYC?

Yes. VeilSwap routes through instant swap pools with no sign-up and no identity checks at signup — larger amounts may trigger provider-side risk scoring, which is why splitting orders works.

Ready to swap?

No account · No KYC · No email

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What Kraken Scraps Monero Withdrawal Questionnaires, Keeps XMR Listed means for your swap — VeilSwap