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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[โ€“] dawncollective@monero.town 2 points 3 weeks ago (1 children)

A bit late to the question, but you can also use our Haveno instance dawnswap.com as the lowest amount to buy is 0.02 xmr. If you don't have xmr for the security deposit which is 5 % then let me know by PM and i'll provide you a passphrase for a trade order you can use to buy xmr without deposit.

[โ€“] starlight@lemmy.ca 1 points 1 week ago

I'm all set for now, but I will further look into dawnswap for future transactions as it looks promising. Thank you.