▲ 17 r/defi
No KYC crypto cards sound good until something goes wrong
I get why no KYC crypto cards sound appealing bc of less paperwork, more privacy and faster setup But in DeFi the part I actually care about is keeping control of my funds. If a random card app requires me to preload funds, then freezes balances, changes limits or disappears that doesn’t feel very self custodial anymore. The better middle ground might be holding funds in your own wallet then only using a regulated payment layer when you actually need to spend.
Would you rather use a no-KYC card or a regulated one if it lets you keep custody until payment?
u/IndependenceOld8292 — 3 days ago