Monero can be traded on the following trading platforms: 1. Centralized exchanges: Binance, Kraken, Coinbase Pro, Huobi, Bittrex 2. Decentralized exchanges (DEX): Uniswap, SushiSwap, PancakeSwap, Bisq, LocalMonero 3. Peer-to-peer (P2P) trading: LocalMonero, AgoraDesk
Monero Trading Platform
Where to trade Monero?
Monero can be traded through the following platforms:
Centralized Exchange
- Binance
- Kraken
- Coinbase Pro
- Huobi
- Bittrex
Decentralized Exchange (DEX)
- Uniswap
- SushiSwap
- PancakeSwap
- Bisq
- LocalMonero
Peer-to-Peer (P2P) Trading
Things to note when choosing a trading platform
Select When trading a platform, you need to consider the following factors:
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Security: Whether the platform has a good security record and measures.
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Liquidity: Is the trading volume of Monero on the trading platform sufficient.
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Fees:What are the handling fees for transactions, deposits and withdrawals.
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Supported legal currency: Whether the platform supports the legal currency for exchanging Monero.
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User Interface: Is the platform easy to use and navigate.
Specific trading steps
After selecting the trading platform, the specific steps for trading Monero are usually as follows:
- Create an account: Create an account on the platform and complete verification.
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Deposit assets: Deposit fiat currency or other cryptocurrencies to your account.
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Place an order: Select the amount and type of Monero you wish to trade (buy or sell).
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Verify order: Check the order details carefully and confirm.
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Complete the transaction: Once the transaction is completed, Monero will be deposited into your account.
Note: The transaction process of different trading platforms may be slightly different.
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