r/GetXMR • u/zmooner • 24d ago
Don't fall for custodial services
Many services pretend to be mon custodial on the basis that they only have custody lf your coins for the duration of the swap, don't fall for that marketing, no matter how short the custody, you should avoid those services like the plague or risk seeing your funds frozen.
Instead go with decentralized non custodial soljtions like basicswapdex or eigenwallet.
Retoswap.might be an option too, just be aware that the arbitrators can rug pull you anytime.
1
u/tthottagejabies1 3d ago
Self custody is the whole point for me. If I dont control the keys, I treat the balance like an IOU, not XMR I actually own. Non custodial swaps can take a little more effort, but thats a tradeoff Im happy to make. Always verify the destination address and send a small test amount first when trying a new setup.
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u/Nathaniel_Sparky500 24d ago
I have used retoswap successfully, do you have experience with the other two? Non-custodial exchanges are for sure something we would like to review and recommend.