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?

  • shortwavesurfer@lemmy.zip
    link
    fedilink
    arrow-up
    3
    ·
    1 month ago

    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.

    • jay_edwardsOP
      link
      fedilink
      English
      arrow-up
      3
      ·
      30 days ago

      So, what instant exchanges do you recommend to use?

      • BobGnarley@lemm.ee
        link
        fedilink
        arrow-up
        1
        ·
        26 days ago

        Always use the one that insures your full amount of funds. Its capped at $1000 but this should be plenty because the fees will always be lower than getting robbed.

        Trocador is the only one I’d recommend for that but for direct fiat to XMR or XMR to fiat I would highly recommend Haveno Reto. It is growing every single day and I can usually find a match within a couple hours.

        • owe_addams
          link
          fedilink
          English
          arrow-up
          1
          arrow-down
          1
          ·
          24 days ago

          If I am not mistaken, Haveno reto has problems with set up, no? I tried it, but now, decided to return to Trocador, Exolix and simpleswap