Monero Observer – Cake Labs adds option to buy and sell XMR with fiat on ‘Monero.com’ website
2 Jun 2022
Cake Labs has added a new option to buy and sell XMR with fiat on the Monero.com website:
You can now buy and sell Monero with FIAT on Monero.com! SEPA, SWIFT, and Visa/Mastercard are supported
Fiat trades require KYC (unlike crypto to crypto trades) and are available in most countries, excluding USA.
There are plans to make this option available in the Monero.com by Cake Wallet via Blockbuy, according to Cake Wallet’s VP of Operations Justin Ehrenhofer.
To learn more about Cake’s Monero-only wallet, consult my previous report.