When you trade Monero, a privacy-focused cryptocurrency designed to hide sender, receiver, and transaction amount. Also known as XMR, it exists to protect your financial privacy when other coins leave a public trail. Unlike Bitcoin or Ethereum, Monero doesn’t just obscure your identity—it makes it impossible for outsiders to track where your money goes. That’s why finding the right Monero exchange, a platform specifically optimized for buying, selling, or trading XMR with strong privacy protections matters more than ever. If you’re using a regular exchange that demands ID, you’re already breaking Monero’s core promise.
Not all exchanges handle Monero the same way. Some list it but force you to verify your identity, which defeats the point. Others, like non-KYC crypto exchanges, platforms that let you trade without submitting personal documents or government IDs, are built for users who want true control. These platforms often support direct wallet deposits, offer higher leverage, and avoid linking your name to your XMR trades. But they come with trade-offs: less customer support, no insurance, and sometimes lower liquidity. You’re trading convenience for privacy—and that’s okay if you know what you’re doing.
What you’ll find below isn’t a list of the biggest exchanges. It’s a curated collection of real, tested platforms where Monero users actually trade in 2025. Some are niche DEXs with tiny volumes but zero KYC. Others are advanced derivatives platforms that let you short or long XMR with 100x leverage. You’ll see reviews of exchanges that got hacked, ones that vanished overnight, and a few that still work quietly under the radar. There’s also coverage of how governments are targeting Monero trading, why some countries ban it outright, and how miners and traders are adapting. If you care about staying private, this isn’t just about finding a good price—it’s about protecting your freedom to transact without asking permission.
Canada seized $40 million in crypto from TradeOgre, shutting down a privacy-focused exchange that ignored KYC rules. This marks the first time law enforcement dismantled an entire crypto platform - not just a wallet.