Best way to buy Monero for begineers? (lemmy.ca)

submitted 1 week ago by starlight@lemmy.ca to c/monero@monero.town

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I am trying to buy Monero for the first time, but I don't know which way to the best and easiest and hoping to get some guidance. I have Cake Wallet and I can purchase Monero through there, but I can't tell if they have the best rates. I also came across Haveno, which is a decentralized Monero exchange, but I don't know if that something I should use. There is also Trocador. Of all of these options, which one would be the best for begineer? Note: I am just trying to purchase a small amount of Monero ($10-20), nothing big.

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[-] xmr_unlimited@monero.town 1 points 4 days ago

Buy with what and where sea shells in space?

[-] Wave@monero.town 2 points 5 days ago

On the right side of this monero.town lemmy website is a Trocador link.

But since you asked about the best way for beginners, I would like to mention Edge App and Monero.com / Cake Wallet.

[-] starlight@lemmy.ca 2 points 3 days ago

I'll take a look at the Edge app. Thank you.

[-] Wave@monero.town 1 points 3 days ago

Good choice! In some regions like Europe, you may have to buy a different currency first and then exchange it for Monero as the next step.

[-] hetzlemmingsworld@lemmings.world 7 points 1 week ago

There you can find private Monero exchanges: https://kycnot.me/?categories=exchange&currency-mode=or&currencies=xmr

[-] starlight@lemmy.ca 1 points 1 week ago

Oh this great site! Now I can find other exchanges as well. Thank you!

[-] Alfredolin@sopuli.xyz 6 points 1 week ago

I have used retoswap successfully. However 0.11 Monero is needed in order to use it for the first time. (At the time I tried it)

Having a friend who can lend you something to start might be a good idea.

[-] rafael_xmr@monero.town 6 points 1 week ago

Or, retoswap orders can be created with a passphrase, so someone could contact you or OP and as long as you have the passphrase you don't need the 0.11 XMR bond to trade, and the passphrase unlocks it

[-] starlight@lemmy.ca 2 points 1 week ago

Interesting. I have just enough, but this information is helpful for the future. Thank you!

[-] XMRbutterfly@monero.town 6 points 1 week ago* (last edited 3 days ago)

Retoswap.com
Eigenwallet.org
BasicSwapDEX

Are the bests.

[-] starlight@lemmy.ca 1 points 1 week ago

Thank you, I'll take a look at these.

[-] XMRbutterfly@monero.town 4 points 1 week ago

In my opinion RetoSwap.com is the best

[-] Electricd@lemmybefree.net 1 points 1 week ago* (last edited 1 week ago)

Isn’t there a problem with openmonero or something?

[-] silverpill@mitra.social 4 points 1 week ago

If you already have another coin, Trocador Swap is the easiest option (and you can get the best rates).

@monero

[-] Electricd@lemmybefree.net 1 points 1 week ago

Why do you @monero?

[-] silverpill@mitra.social 2 points 5 days ago

Without it my comment will not appear in the community. Lemmy does this automatically under the hood, but I use a different software (it is closer to a microblog than a forum).

@monero