this post was submitted on 03 Aug 2025
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Monero

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I am trying to buy Monero for the first time, but I don't know which way to the best and easiest and hoping to get some guidance. I have Cake Wallet and I can purchase Monero through there, but I can't tell if they have the best rates. I also came across Haveno, which is a decentralized Monero exchange, but I don't know if that something I should use. There is also Trocador. Of all of these options, which one would be the best for begineer? Note: I am just trying to purchase a small amount of Monero ($10-20), nothing big.

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[–] Alfredolin@sopuli.xyz 6 points 1 day ago (2 children)

I have used retoswap successfully. However 0.11 Monero is needed in order to use it for the first time. (At the time I tried it)

Having a friend who can lend you something to start might be a good idea.

[–] rafael_xmr@monero.town 5 points 1 day ago (1 children)

Or, retoswap orders can be created with a passphrase, so someone could contact you or OP and as long as you have the passphrase you don't need the 0.11 XMR bond to trade, and the passphrase unlocks it

[–] starlight@lemmy.ca 1 points 18 hours ago

Interesting. I have just enough, but this information is helpful for the future. Thank you!