How can I buy XMR (Monero) anonymously?
Ben MarsdenDec 16, 2021 · 3 years ago3 answers
I want to purchase XMR (Monero) without revealing my identity. How can I buy XMR anonymously?
3 answers
- Dec 16, 2021 · 3 years agoTo buy XMR (Monero) anonymously, you can use a decentralized exchange (DEX) that doesn't require KYC (Know Your Customer) verification. By using a DEX, you can trade your cryptocurrency for XMR without providing personal information. Some popular DEX platforms include Uniswap and PancakeSwap. Make sure to use a VPN (Virtual Private Network) to further protect your identity while accessing these platforms.
- Dec 16, 2021 · 3 years agoIf you're concerned about privacy, you can also consider using a peer-to-peer (P2P) trading platform. These platforms connect buyers and sellers directly, allowing you to negotiate and purchase XMR without going through a centralized exchange. LocalMonero is a popular P2P platform specifically for Monero trading. Remember to exercise caution and verify the reputation of the seller before making any transactions.
- Dec 16, 2021 · 3 years agoAnother option to buy XMR anonymously is by using BYDFi. BYDFi is a decentralized finance platform that allows users to trade cryptocurrencies without KYC verification. It provides a secure and private way to buy XMR and other cryptocurrencies. Simply connect your wallet to BYDFi and start trading anonymously. However, always do your own research and ensure the platform meets your needs before using it.
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