Can’t buy monero anymore

Cake Wallet
1

Hi,

None of the provider for any of my friend around the world does work for buying monero through your app.

it does not work in Europe (of course since they have not been able to controller monero they have for idden it from most platform like kraken or Coinbase), not in Dubai, not in the Philippines.

Can anyone give me some input on that ?

And what would be a workaround for that, like which is the second most secure crypto ? LTC like recommended often on reddit, seems far fetched in terms of anonimity … and I thought ethereal was best on that.

I would prefer an answer from staff or moderators who has insights into why every single provider have been « banned » ?

EDiT: this is time sensitive matter since it is for not life and death situation but kinda (no kidding)

2

You can either use something like RetoSwap, a DEX, to acquire straight XMR for fiat currency, or you can buy BTC, LTC, ETH, SOL, what have you, using any of our providers within the application to then swap, either using our in-app swap providers from: {BTC, LTC, SOL…} to XMR. Trocador is available within Cake Wallet as well.

Unfortunately most CEXs delist XMR due to regulations and privacy concerns when it comes to financial compliance; however, that shouldn’t deter anyone from finding sly ways around to acquire some more.

1 Like