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Best LocalMonero Alternatives ranked by AI · updated Aug 2026

LocalMonero was a peer-to-peer marketplace for buying and selling Monero with fiat payment methods. It served users seeking non-custodial, privacy-focused Monero trades, but the service shut down in 2024.

Developer: LocalMonero Price: Discontinued 🎯 localmonero.co

Top 6 LocalMonero alternatives

1

Haveno

Haveno developers

πŸ’‘ Pick it for the closest open-source, peer-to-peer replacement with Monero-focused escrow trading.

Haveno is a decentralized, open-source peer-to-peer exchange designed for trading Monero against fiat and cryptocurrencies. It targets privacy-conscious users who want escrow-based...

Pros

  • Closest functional replacement for LocalMonero's peer-to-peer Monero model
  • Open-source and decentralized rather than operated by one marketplace
  • Supports multisignature escrow for trades

Cons

  • Smaller liquidity and fewer offers than major centralized exchanges
  • Requires installing and configuring desktop software
  • User experience is less polished than LocalMonero's former web marketplace

Free; trading and network fees apply

2

BasicSwap DEX

Particl

πŸ’‘ Choose it for non-custodial Monero swaps when you do not need LocalMonero-style fiat marketplace listings.

BasicSwap DEX is an open-source, peer-to-peer decentralized exchange supporting atomic swaps across multiple cryptocurrencies, including Monero. It is aimed at users who...

Pros

  • Supports non-custodial atomic swaps instead of exchange-held balances
  • Open-source software with a broad multi-asset focus
  • Can trade Monero without relying on a centralized order book

Cons

  • Less suitable than LocalMonero for direct fiat payment trades
  • Setup and liquidity can be more demanding for beginners
  • Trade availability varies by supported asset and market maker activity
3

TradeOgre

TradeOgre

πŸ’‘ Pick it for simpler centralized Monero trading when crypto-to-crypto markets are enough.

TradeOgre is a cryptocurrency exchange focused on spot trading for Bitcoin, stablecoins, and a broad selection of smaller-cap digital assets. It is...

Pros

  • Lists smaller-cap altcoins that are often unavailable on major exchanges
  • Simple spot-trading interface with low account overhead
  • Generally supports crypto deposits and withdrawals without traditional fiat onboarding

Cons

  • Limited fiat deposit and withdrawal support compared with Coinbase or Kraken
  • Less regulatory transparency and fewer customer-protection features than major exchanges
  • Smaller liquidity pools can produce wider spreads and higher slippage

0.2% trading fee; withdrawal fees vary

4

MajesticBank

MajesticBank

πŸ’‘ Choose it for privacy-oriented crypto swaps when you want a simpler service than a full decentralized exchange.

MajesticBank is a cryptocurrency exchange focused on privacy-oriented assets and swaps, including Monero. It serves users seeking relatively direct crypto exchanges with...

Pros

  • Focused on privacy-oriented cryptocurrency users
  • Supports Monero exchange transactions without a conventional trading workflow
  • Simpler for one-off swaps than running a decentralized exchange node

Cons

  • Not a peer-to-peer fiat marketplace like LocalMonero
  • Liquidity and supported pairs can be more limited than larger exchanges
  • Users must trust the service during custodial swap processing
5 Cake Wallet logo

Cake Wallet

Cake Technologies

πŸ’‘ Pick it if you want a user-friendly Monero wallet with integrated buying and swapping.

Cake Wallet is a non-custodial mobile and desktop cryptocurrency wallet focused on Monero, Bitcoin, and Litecoin. It is suited to users who...

Pros

  • Stronger Monero support and privacy focus than Incognito Wallet
  • Available across mobile and desktop platforms
  • Includes built-in exchange and multiple self-custody wallets

Cons

  • Does not provide Incognito's privacy-layer approach for many different assets
  • Fewer decentralized application integrations than MetaMask
  • Privacy features are strongest when using Monero rather than Bitcoin
6

πŸ’‘ Choose it for regulated exchange infrastructure and fiat access where Monero trading is available in your region.

Kraken is a secure and reputable cryptocurrency exchange platform known for its strong security features and wide range of supported coins.

Pros

  • High security standards
  • Wide range of supported coins

Cons

  • Slightly higher fees for smaller trades
  • Complex verification process

Varies based on transactions

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