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What are options available to convert fiat currencies into Monero directly, without having to go through a Bitcoin transit hoop first? I am not looking for a recommendation for a particular service, but a list of available options and supported currency types. I am looking for a list of both peer to peer and centralized exchanges that support fiat to Monero conversions.

user36303
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4 Answers4

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For direct purchase of Monero with fiat currencies there are now multiple options:

  1. Bitfinex - US dollar USD wire transfer disabled
  2. AnycoinDirect - Purchase with SEPA, Sofort, Trustpay, MyBank, IDEAL, Giropay, EPS or Bancontact/Mistercash
  3. Kraken - Euro and US dollar
  4. LocalMonero.co - Any payment method that the community wishes to use, fiat or crypto, online or locally, a centralized P2P platform modeled after LocalBitcoins.com
  5. Poloniex - Online Exchange with Credit card support and Wire Transfer for deposits and withdrawals

The options above meet your criteria for avoiding the Bitcoin transit hoop. Security, privacy and ease of use will vary.

Bisq is a P2P decentralized exchange not mentioned above because it currently requires the use of Bitcoin as an intermediary currency when purchasing with fiat.

HardenedSteel
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MMAfan
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Adding to the list:

  • https://monerodirect.com - buy Monero with Euro, GBP, or USD. (We can add other currencies if there's sufficient demand.)

Disclaimer: In addition to being a contributor to the Monero codebase, I am one of the directors of MoneroDirect.

hyc
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The Monero analog of LocalBitcoins.com

https://localmonero.co

First on the market!

On LocalMonero.co you are dealing with humans. Unlike centralized cryptocurrency exchanges, you make a trade directly with another person. This makes the process lean and fast, as there is no corporate overhead. You get your Monero instantly. Also, LocalMonero.co can support every payment method its user community supports, making it possible for users without access to traditional banking to also be able to buy or sell Monero. For every transaction, LocalMonero.co offers escrow or transaction service to protect the buyer of Monero.

Full disclosure: LocalMonero staff here.

LocalMonero
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updated answer (Sept 2016) since there are new fiat <-> crypto exchanges available:

stke
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