PSA: You can easily swap XMR to other crypto and tokens via CakeWallet (for those affected by EU delisting)

If you're in the EU and are affected by the recent restrictions on XMR on the centralized exchanges, you need to know about CakeWallet.

It was bound to happen sooner or later, as governments are hardly willing to accept anonymous money being a possibility.

You can easily swap XMR in a few minutes to almost any crypto, and the other way around.

https://www.reddit.com/r/cakewallet/

Full guides and more in-depth explanations on the subreddit.

Short guide on how it works:

CakeWallet is a mobile-only XMR wallet that provides you with an option to exchange your XMR to other crypto and tokens.

If you own XMR you can send it to your CakeWallet and then exchange them to, for example, Litecoin and send them to other exchanges.

Lets say you instead want XMR, but that's now unavailable to you due to it being delisted, you can buy, for example Litecoin and then exchange that to XMR via CakeWallet and then on to another XMR wallet, if you want that added security layer and to do best practice in custody.