Have never used cryptocurrency before, all I know is that Bitcoin transactions can be tracked, Monero is the most widely accepted untraceable cryptocurrency, and many exchanges enforce KYC. I do not presently have the hardware to mine for myself at an appreciable rate. What do I need to know and use in order to set up a wallet, acquire crypto, exchange, and spend it as anonymously as I practically can?

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Kraken.com for kyc based purchases, or you could try retoswap which wont require kyc but is a bit more complicated.

Withdraw to a wallet such as cake or stack. If you cant purchase XMR directly then use a swap service like trocador.app to convert btc or ltc to xmr. Both wallets support swapping between coins.

https://kycnot.me/ is a good resource to check for more.

Once you have the xmr in your own wallet (not on an exchange) it is anonymous and safe to spend.

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