Since OKX has turbo delisted Monero and Binance is in the process of delisting it, the question for on- and off ramps for Monero became more pressing.
So far the only bullet proof methods have been:
- bisq
- LocalMonero/AgoraDesk
- And BTC/ETH atomic swaps
But because high fees make the process of decentralized exchange cumbersome with both ETH and BTC most traffic so far went to LocalMonero. Which in itself is a good solution, but a centralized website lacks the robustness of a DEX like bisq or trustlessness of atomic swaps.
Therefore it's nice to see that both LTC and BCH as low fee alternatives have picked up the topic and BCH in the meanwhile delivered a functional PoC for a third major atomic swap implementation between BCH <>XMR.
We now have at least three atomic swaps implementations for
BTC https://github.com/comit-network/xmr-btc-swap
ETH https://github.com/AthanorLabs/atomic-swap
BCH https://github.com/PHCitizen/bch-xmr-swap?tab=readme-ov-file#bch-xmr-swap-poc
The next milestones will be bisq2, Haveno and SeraiDEX and for those interested in a deeper integration of the last atomic swap implementation there is a community funded project here: https://atomic-flip.pat.mn/en
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