Monero (XMR) is a privacy-focused cryptocurrency that prioritizes anonymity and security. To maintain privacy, it's essential to buy Monero without undergoing KYC (Know Your Customer) procedures, which require personal identification. This guide will show you how to purchase Monero safely using No KYC exchanges and how to swap other cryptocurrencies for XMR.
Several cryptocurrency exchanges do not require KYC for small amounts of Monero. Some of the popular No KYC exchanges include:
Depending on the exchange, you may be able to deposit Bitcoin (BTC) or another cryptocurrency as a starting point. Some platforms also accept cash deposits or bank transfers without requiring KYC.
Once your funds are available, place an order to buy Monero. On P2P platforms like HodlHodl and AgoraDesk, you can choose a seller and negotiate the price directly. Always ensure that the seller has a good reputation and check the payment details carefully.
If you already have other cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH), you can easily swap them for Monero using a privacy-focused swap service. Some popular options include:
Choose the cryptocurrency you want to swap for Monero and enter the amount. The platform will display the exchange rate and estimated time for the swap to complete.
Provide your Monero wallet address, and confirm the transaction. Once completed, the Monero will be sent directly to your wallet.