Kraken delisting Monero in Europe

https://support.kraken.com/hc/en-us/articles/support-for-monero-xmr-in-europe

Kraken continuously reviews listed tokens to determine the impact from regulatory changes on our offerings.

As one of the world’s largest cryptocurrency platforms, we are constantly working to support the most comprehensive set of digital assets possible in alignment with applicable regulatory and compliance obligations.

After thorough consideration, and exploration of all viable alternatives, we concluded we have no choice but to delist Monero (XMR) in the European Economic Area (EEA) due to regulatory changes.

We did not take this decision lightly and remain committed to providing our European clients with an exceptional trading experience.

On October 31st 2024 at 15:00 PM UTC, we will halt trading and deposits of all XMR markets (XMR/USD, XMR/EUR, XMR/BTC, XMR/USDT) for clients registered in the EEA. Any open XMR orders will also be automatically closed at this time.

Note: Clients will remain able to withdraw XMR on Kraken until December 31st, 2024.

December 31st 2024 at 15:00 PM UTC is the deadline for withdrawing XMR. Any clients still holding an XMR balance after this date will have their XMR automatically converted to BTC by Kraken at the going market rate.

Tells you how much private Monero is. Will also need to start recommending atomic swaps for swapping coins across chains and Haveno to exchange for fiat.

So what are the currently easiest solutions to buy Monero? I am aware of Haveno, but it’s not very user-friendly yet.

  • US: Kraken (for now)
  • EU/CH: DFX AG via Cake Wallet
  • others: ?

https://trocador.app/en/

Seems like they delisted fiat ↔ Monero as well! It used to be there.

You can buy btc then atomic swap to monero.

Wasn’t Kraken using malicious nodes anyways? That’s why they were allowed I think.

I don’t know the current liquidity situation here but:

https://basicswapdex.com/

Actually buy LTC then swap for XMR, BTC fees are very high.

What?

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