A "Cryptocurrency swapper" is a service that swaps one type of cryptocurrency for another.

It is basically the same as buying and selling from exchanges for <fiat>, except that you only get fiat.

Swappers are in general able to receive send coins from any address, including self custody addresses.

Centralized swappers were a good way to workaround the endless <Monero> bans from exchanges circa 2024, e.g. https://x.com/cirosantilli/status/1771900725649371240 as they effectively serve as proxies for exchanges that are still legal in other countries.

They will eventually have to ban <Monero> of course, and then the only way left will be <decentralized exchanges>.

This leads to a scenario where the only effective way to ban <Monero> is to also ban all other cryptocurrencies. The question is if countries will go that far or not.


Cryptocurrency swapper

ID: cryptocurrency-swapper