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Sell Monero for Cash in The United Kingdom

how to sell monero

This foundation has only one purpose, to preserve our customer funds. This construction ensures that customers are entitled to compensation in the unlikely event of Anycoin Direct’s bankruptcy. In addition, we want to reiterate that we always want to give customers a choice between using the Anycoin Vault and sending how to sell monero coins to an external wallet. In today’s financial realm, what is fiat money remains a key question, especially in juxtaposition with cryptocurrencies. Buy, store and receive more than 400k crypto assets with Guarda. Guarda Wallet is the fastest and safest way to sell crypto assets with desktop or web application.

But while it is convenient to sell XMR to USD or vice versa, Kraken has a disadvantage as it has relatively low trading volumes on this pair. According to CoinMarketCap, the 24-hour trading volume at the time of writing this article was $1,053,001 for the XMR/USD pair. Finder.com https://www.tokenexus.com/ is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation.

Ring Confidential Transactions (RingCT)

With these conditions met, the attacker deployed a Daemonset, creating its own pods from malicious images across the cluster. If you’re not using Jupyter notebooks, you might not be susceptible to this attack. You can ensure that you protect against the very specific cloud misconfiguration the attackers took advantage of.

  • However, UK investors often have an issue figuring out how to sell Monero (XMR) for GBP.
  • Buy crypto with a credit / debit card, Apple Pay, Union Pay, PIX, or via SEPA.
  • Once sold, you can store the euros as long as you want, or send them to people, use them to buy other cryptocurrencies or withdraw them to your bank.
  • Stealth addresses ensure recipient privacy, while confidential transactions obscure the transaction amount.
  • Monero’s Cryptonote RandomX mining algorithm is resistant to this type of hardware and as such, keeps the mining decentralized.

The first option would be to meet in person with the buyer and receive a fiat currency for your XMR. The maker is between 0.100% and 0.0%, while the taker fee ranges between 0.200% and 0.055% depending on your 30-day trading volume. However, the platform also has a USD converter, so you can see exactly how much USD you will get for your currency.

On which exchange can I buy Monero with credit card?

You need to send exact amount displayed (2) to our deposit address (3) and specify Payment ID for Monero (4). Sell Monero hand in hand with the best, with the peace of mind of always being by your side to help you, even over the phone, with the best prices, and with the best suite of services in the sector. You can also use a service like LocalMonero to sell the Monero directly to someone for cash if that is your preference. In the DeFi realm, ensuring safety and efficient management of digital cryptos are of paramount importance. The comparison between custodial and non custodial wallet plays a vital part in this context. Buy crypto with a credit / debit card, Apple Pay, Union Pay, PIX, or via SEPA.

  • You need to send exact amount displayed (2) to our deposit address (3) and specify Payment ID for Monero (4).
  • Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us.
  • The value of investments can fall as well as rise and you may get back less than you invested.
  • The sender can scan the QR code with the Monero wallet on their phone and the recipient will receive their XMR in minutes.
  • Like all cryptoassets, it’s highly volatile, and capable of major price swings in a single day.
  • Guarda team writes articles on the most relevant data for crypto newcomers as well as advanced users.

Remember, the cryptocurrency market is highly volatile and can be unpredictable. It’s essential to assess your own risk tolerance, conduct thorough research, and make informed decisions. Keep in mind that investing in cryptocurrencies, including Monero, carries inherent risks due to the volatility and speculative nature of the market.

Sell Monero to Fiat in The United Kingdom

Spend your time and energy on what matters — we’ll handle the rest. In this manual as an example we’ll show you how to sell your Monero (XMR) for Bitcoin (BTC). You can use one of the guide methods (Method 1 or Method 2) and then follow the selected guide method steps. Bit2Me is a company registered with the Bank of Spain under number D592 for custody services and sale and purchase of digital assets. Lastly, you would withdraw the USD from the exchange to your USD bank account.

how to sell monero