I’m concerned that instant crypto exchanges, such as Exolix or Trocador, could be targeted by the government, as they are among the most accessible platforms for buying and selling Monero.
jay_edwards
Perfect article, I'd like to see the one about the ways to buy Monero, because there are not so many options, just several CEXes, Haveno and instant crypto exchanges like Trocador or Exolix
You can use Exolix or Trocador, there are pretty low fees.
You can go to this exchange and check it out 😁
I can recommend for Android, Monerujo as they have Exolix inside, which means an opportunity to swap directly in the wallet. for iOS it's monero.com
You can buy any crypto like USDt through any "white" service and then swap it to Monero using Trocador or Exolix, your Monero will come to your wallet
If we were trading Monero, the price had grown up with the rest of crypto 😜
I usually swap, when it's needed, on Exolix or Trocador. But it's not the best coin to longterm holding, obviously
Generally, if you sell your XMR on Trocador or Exolix, or similar and get ETH which will be sent to CEX, you should not have any problems. There is a swap mechanic, so you, in fact, get clear ETH with no connection of XMR
Great updates, I should say. I hope that this exchange becomes pretty popular, though, I like instant crypto exchanges more
Grats with your partnership, Monerujo is the best wallet for Monero, I guess, and now, I can do swaps with Exolix directly in the wallet. Exolix is pretty comfortable to use and I often do it
I hope instant crypto exchanges, like SimpleSwap or Exolix, will remain open. They are the easiest way to buy and sell Monero.