this post was submitted on 17 Oct 2024
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Monero

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Hi everyone, I'd like to know if you use instant crypto exchanges when you need to buy or sell Monero? I mean such services as Exolix, Trocador, simpleswap and similar?

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[–] [email protected] 0 points 1 month ago (6 children)

They can, but they will only tell you that you need to do kyc after they have custody of your funds.

[–] [email protected] 0 points 1 month ago (5 children)

On trocador They have a shield icon if your transaction is insured and they also give a rating of a all the way down to D for exchanges. I think if you use a C or higher exchange, they will insure the transaction up to a certain point, like $1,000 US dollars.

[–] [email protected] 0 points 1 month ago (4 children)

So, what instant exchanges do you recommend to use?

[–] [email protected] 0 points 1 month ago* (last edited 1 month ago)

@jay_edwards @shortwavesurfer i just use trocador. app , find the best rates and go with it. I prefer A or B category exchanges. Also one with less processing time.

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