Give me feedback on my business idea

Brakus II

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Joined
Jul 20, 2024
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I'm making a no-kyc crypto exchange via Telegram and Discord bot. Essentially how it works is you send cash to a PayPal.me link, and the bot sends you the cryptocurrency you select. Obviously the main problem right now is legality because I have no licensing or KYC, so my main questions are:

- How should I go about cloaking the PayPal.me link, and what other payment processors should I add besides PayPal and CashApp? I was thinking about amazon gift card, and cash by mail, and some sort of credit/debit card gateway.
- How should I deal with legality? I feel like right now we're in a legal "grey-area".

Right now the bot itself is fully functional
 

Ms. Yoshiko

New member
Joined
Jul 20, 2024
Messages
3
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1
You should rephase that to be illegal "grey-area" its more accurate. The transfer of cash via exchanges is highly regulated in most countries so people don't scammed in money laundering schemes. Hold on... your username? lol
 
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