How to sell Monero (XMR)

Step 1: choose what to swap to

• Bitcoin: accepted by almost every exchange and many payment apps.
• USDT or USDC: dollar stablecoins, so the value stays put while you move it. Check which network your exchange accepts for deposits, and choose the same one.
• Litecoin: cheap to send and accepted by most exchanges.

Step 2: swap your XMR

1. Choose Monero as the coin you send and the coin you want, and enter the amount.
2. Paste the address that should receive the new coins. If it is an exchange deposit address, copy its network and any memo or tag exactly.
3. Add a Monero address of yours as the refund address.
4. Send the XMR to the one-time deposit address. Monero needs 10 confirmations, about 20 minutes, before the swap goes ahead.
5. The new coins are paid to the address you gave. The swap page shows the payout transaction.

Step 3: sell for money

Sell the Bitcoin or stablecoin on an exchange, a broker or a payment app where you have an account, and withdraw to your bank. That service will usually have checked your identity, and it may ask where a deposit came from under its own anti-money-laundering rules.

Selling or swapping crypto may be taxable where you live. Keep the swap page link and its transaction details as a record.

Sending straight to an exchange

You can give an exchange deposit address as the receiving address and skip a wallet in between. Check that the exchange accepts the coin on the network you choose, and copy the memo or tag if it shows one, or the deposit may not be credited to you.