Monero Users Flee to Decentralized Exchanges Amid Centralized Exchange Restrictions
Monero users are turning to decentralized platforms and instant swaps after centralized exchanges restricted access to XMR.
This shift began after Binance delisted XMR globally on February 20, 2024, OKX removed XMR pairs on January 5, 2024, and Kraken restricted it for EEA users on October 31, 2024.
No-registration exchanges like Quickex, GhostSwap, ChangeNOW, StealthEX, Godex, Trocador, and Haveno are becoming more popular as they allow users to exchange Monero without identity verification.