[minsc__and__boo]

Aren't Monero transactions completely obscured anyways?

It doesn't make a difference if you using a Bitcoin ATM or transfer to your Kraken account (except a 10% fee for the former).

[McAtNite]

My understanding, and this may be wrong since I don’t actually have Monero, is it’s not since US customers are subject to KYC. While the transaction on the blockchain would be obfuscated, the Exchange as the sender/receiver would still have the withdraw and deposit addresses since they were one of the parties of the transaction.

Further transactions after withdrawing would be difficult to discern, but an exchange could be used to track an approximation of how much Monero you own.

A cash based ATM purchase would be more difficult to track since no KYC is involved.

[minsc__and__boo]

It doesn't matter if Monero is used with KYC - transactions are obfuscated.

That means the transactions can't be traced to your KYC wallet on Kraken, meaning you're spending 10% on an ATM for no reason.

[gpcr1949]

have not used kraken, but the convenience i am talking about is that someone who has never used any cryptocurrency and does not hold any, can simply walk in there with cash and have monero a minute later, ready to use. but it is true that for many people that convenience is not worth a whole 10%, especially if they somewhat know what they are doing.

[minsc__and__boo]

IIRC, bitcoin ATMs do not set up wallets for you.

You still need to create a wallet, key, etc. and that is not easy to do for beginners without an exchange like Kraken. Most DNMs use temporary addresses so it's not a good idea to try to transfer directly from a bitcon ATM to a DNM.