Swapping Monero (XMR) requires a non-custodial exchange service rather than a standard centralised exchange in most cases — Monero has been delisted from most regulated platforms precisely because its privacy properties make the transaction tracing that compliance departments require structurally impossible.
The process through a non-custodial service is straightforward once you understand the mechanics.
Swapping into XMR
Send any supported cryptocurrency — Bitcoin, Ethereum, USDT, Litecoin, Solana, or hundreds of others — to a non-custodial swap service. Provide your Monero wallet address as the destination. The service calculates a rate from live market data, generates a one-time deposit address for your send asset, and sends XMR to your wallet when your deposit confirms on its network. The entire process takes 2–10 minutes depending on which asset you are sending and its confirmation time.
Swapping out of XMR
The reverse process works identically. Send XMR from your Monero wallet to the deposit address provided by the swap service. Provide the destination address for whichever asset you want to receive — Bitcoin, USDT, Ethereum, or any other supported asset. The service converts and sends. Monero's transaction confirmation time is typically 2–4 minutes at default priority, after which the service processes the output.
Fixed vs floating rate
Most non-custodial swap services offer floating rates — the rate is quoted at initiation but calculated precisely at the moment your deposit confirms. This protects both parties from the price movement between quote and confirmation. For most XMR pairs on a normal trading day, the difference between quoted and confirmed rate is under 0.5%. If you need certainty, some services offer fixed rates at a slightly wider spread.
Which wallet to use
Feather Wallet for desktop, Cake Wallet for mobile. Both generate standard Monero addresses beginning with "4" that work as destinations for any XMR swap. Both support sending XMR out to a swap service address. Do not use exchange-custodied addresses as destinations — XMR should land in a wallet you control.
Terce handles XMR swaps in both directions across 340+ pairs. No account. No KYC. Rate locked at confirmation of your deposit.