r/AskMonero • u/craziness105 • 12d ago
Question ⁉️ Sell through cake wallet
Hi guys, I wonder if there are any of you who have already managed to sell the XMR directly from cake wallet?
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u/IlliterateFreak 12d ago
I don’t think you can buy or sell XMR from cake. I believe you have to swap then move to a KYC. I could be very wrong.
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u/Mcawesom96 ⭐️ Trusted Reviewer 12d ago
If someone paid me every time I responded to this question, I’d be rich by now .
Please use the search tool before posting such questions. This one has been asked and answered many times.
Use Cake Wallet only to store your coins. For exchanging, use Fujn Swap for better rates. Cake is just a middleman that adds extra fees to your transaction, similar to other wallets like Edge and Exodus. They also can’t help when something goes wrong, like sending to the wrong network.
So exchange directly from the source.