LibertyX vs LBC

I am interested to hear people's thoughts on LibX vs LBC. More specifically, looking for people who have used LibertyX recently, As they have changed a bit recently from what I gather. My closest LibX(like a block away honestly) offers 1.5% fees plus $3 per pin. I am pretty hesitant to put my ID on there for the $1,000 daily limit. Kinda leaning towards just doing the $200 daily cell phone limit.

That way would take several days to get the coin I'm looking for, but their 1.5% fee seems to beat the hell out of cash deposits on LBC. The rate on LBC seems to be about 5% extra for cash deposits. And the only banks who don't ID smallish cash deposits are td, and Wells Fargo, from what I've gathered. Maybe credit unions too?

So, any tips or suggestions? The only "benefits" of LBC that I can tell is that LBC is quicker, and has more anonymity than LibX, because I need to use my phone number on LibX. The big negatives of LBV that I can tell are the higher associated costs, and the ability to get scammed.


Comments


[1 Points] VeronicaMonica:

Someone correct me if I'm wrong but I remember reading on here somewhere or other sub that after a certain number of succesfull transaction with the $200 cell phone, LibX allows you to upgrade to the $1000 limit without ID.

I read that about few months ago so I'm not sure if this still the case or even if it was possible in the first place.

It is totally reasonable to be concerned about giving your ID to LibX because it's not really clear what LibX actually does to such personal data.

I would buy a burner phone and just use that. If you need more than $200 a day then maybe use multiple burners, but I'm not sure if that would work, especially if LibX keeps track of your IPS address