Monero Holders Face Narrowed Exit Routes as Exchanges Delist XMR
Converting Monero back into Bitcoin is a relatively straightforward process, but it's not as easy as it used to be. Over seventy exchanges have delisted Monero since 2024, leaving fewer options for holders who want to move their assets back to Bitcoin.
This has made non-custodial swaps the default choice for the reverse direction, rather than a niche alternative. To exchange Monero for Bitcoin, you'll need to select the pair, provide a Bitcoin destination address, and send your XMR to the deposit address generated for that swap.
There are four details worth getting right when making this trade: rate type, destination accuracy, refund address, and confirmation time. Choosing a fixed rate can be sensible on large trades due to Monero's volatility, and setting a refund address ensures your Monero is returned if the swap cannot be completed at the quoted terms.
It's also worth noting that converting Monero into Bitcoin moves value from a private ledger to a public one. The Bitcoin you receive will land at an address on a transparent chain, and its subsequent movements will be publicly visible like any other Bitcoin.