Introduction:
In the wake of major exchanges like Binance and Kraken delisting Monero (XMR), privacy-focused cryptocurrency users are facing new hurdles. Monero remains one of the most effective tools for financial privacy in the crypto world — but how can users still access it?
This post walks through a legal, step-by-step guide for acquiring Monero using decentralized tools and responsibly storing it with a non-custodial wallet. Whether you’re a privacy advocate, a security researcher, or simply interested in anonymous transactions for ethical reasons, this guide is for you.
Step 1: Acquire a Base Cryptocurrency (BTC or ETH)
Since Monero is no longer available on many centralized exchanges, the easiest way to start is to purchase a widely available cryptocurrency such as Bitcoin (BTC) or Ethereum (ETH) from a platform that complies with your local laws (e.g., Coinbase, Kraken, etc.).
Make sure to withdraw your funds to a personal wallet afterward — do not keep them on exchanges.
Step 2: Create a Monero Wallet (e.g., MyMonero)
To receive XMR, you’ll need a wallet. MyMonero offers a simple and secure non-custodial wallet you can use on desktop or mobile.
- Visit the official site and create a new wallet.
- Write down your seed phrase (DO NOT store it digitally).
- Once set up, you’ll have a Monero address where you can receive XMR.
Step 3: Use a Non-Custodial Swap Service like FixedFloat
With BTC or ETH in your wallet and a Monero address ready, go to FixedFloat or similar decentralized swap platforms.
- Choose to swap from BTC/ETH to XMR.
- Enter your Monero address from MyMonero.
- Send the exact amount requested by the platform.
- Wait for the swap to complete — the XMR will be sent to your wallet.
These services do not require account creation, making them ideal for privacy-conscious users.
Step 4: Use XMR Responsibly
Once Monero is in your wallet, you can use it to support privacy-friendly projects, make donations, or buy stuff on darkweb markets.
⚠️ Important:
While privacy coins like Monero offer legitimate advantages, using them to break the law is not only unethical but can carry serious consequences. Always follow the laws of your jurisdiction.
Conclusion:
The delisting of Monero from major exchanges has certainly made things more challenging, but not impossible. By leveraging decentralized tools like FixedFloat and private wallets like MyMonero, users can continue to access and use XMR in 2025 — all while protecting their financial sovereignty.
