Is there a way to swap other tokens to Monero? (lemmy.world)

submitted 11 months ago by sanqueue@lemmy.world to c/monero@monero.town

23 comments fedilink hide all child comments

Currently if you were to buy Monero in huge quantity, you’ll be flagged and there’s no DEX that offers Monero. What’s the best way to buy Monero now?

you are viewing a single comment's thread
view the rest of the comments

[-] Saki@monero.town 1 points 11 months ago

See also: https://monero.town/post/942859 How to sell $300k+ Monero without origin of funds?

[-] sanqueue@lemmy.world 1 points 11 months ago* (last edited 11 months ago)

This is interesting. Is there a way to bridge the tokens out to other chains too?

Edit: found out you can use exolix to do this

[-] Saki@monero.town 1 points 11 months ago* (last edited 11 months ago)

When trying to swap something to XMR (esp. a large amount? or at a small CEX?), it seems that there is always a possibility that the CEX (which may claim you can swap any amount) may not actually have enough XMR.

(They might be offering to sell Monero, when they don’t have enough.)

PS. Historically there are a few warnings: https://metager.de/meta/meta.ger3?eingabe=Exolix%20Monero

[-] sanqueue@lemmy.world 1 points 11 months ago

Thank you. I’ll take note of this

this post was submitted on 06 Dec 2023

7 points (68.4% liked)

Monero

1690 readers

14 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

Wallets

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago

MODERATORS

admin@monero.town