Monero Trading Hobbled by Exchange Delistings and Fragmented Liquidity
Monero's trading has become increasingly difficult due to its delisting from several exchanges, including Kraken and OKX, for European users. This fragmentation of liquidity has led to price variations depending on the trading route and provider.
Platforms like Monivo now help traders compare live XMR swap quotes across multiple providers and pairs, revealing spreads of up to 3.65% between best and worst offers.
Traders must carefully consider their wallet assets, swap amounts, and rate types to find the best value, as liquidity and network costs vary widely.