this post was submitted on 12 Mar 2024

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Monero

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Buying Monero with Litecoin (lemmy.ca)

submitted 8 months ago by dino44montreal@lemmy.ca to c/monero@monero.town

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I recently found out two exchanges, with Litecoin <-> Monero pairs to trade faster with lower fees. On the top of that they're NoKYC.

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[–] BobGnarley@lemm.ee 1 points 7 months ago (1 children)

Trocoador is notorious for freezing transactions and forcing kyc/sof

[–] tusker@monero.town 2 points 7 months ago (1 children)

It is the swap providers doing that not trocador. Avoid using Bitcoin as it has the highest scrutiny, do small amounts, and look at their rating for each provider.

They now have an AML risk checker which can help you avoid having your coins held hostage.

[–] BobGnarley@lemm.ee 2 points 6 months ago

You were right! Trocador is the shit and you can switch the swap provider like you said