1d ago

Best way to buy Monero for begineers?

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.

5 comments

OpenMonero.com
Eigenwallet.org
BasicSwapDEX
Retoswap.com
Are the bests.
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.
- 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
There you can find private Monero exchanges: https://kycnot.me/?categories=exchange&currency-mode=or&currencies=xmr
If you already have another coin, Trocador Swap is the easiest option (and you can get the best rates).
@monero