Short answer: Kraken has stopped offering XMR to clients in the UK (2021), Ireland and Belgium (May 2024), the rest of the EEA (October 2024), Canada (September 2025), India (April 2026) and the UAE (June 2026), and Australian clients cannot hold it. Where XMR is still offered, as in the US, Kraken has capped XMR deposits at $3,500 and withdrawals at $1,500 per 30 days since 15 August 2026. The alternatives that work everywhere are non-custodial: peer-to-peer trading, atomic swaps and instant swaps, plus a few offshore exchanges where their terms allow your country.
Key points
- On 24 October 2026 Kraken co-CEO Arjun Sethi said source-of-funds emails sent to XMR buyers were a mistake and that XMR stays listed where it is offered. The 30-day caps are still on Kraken's limits page.
- KuCoin still lists XMR, but its terms exclude the US, France, the Netherlands, Ontario and British Columbia, and it closed XMR deposits and withdrawals for maintenance in September 2026. They were enabled again by 5 November.
- HTX lists XMR/USDT but its user agreement bars users from the US, the UK and every EU member state.
- In the EU, MiCA keeps XMR off licensed trading platforms, and from 10 July 2027 licensed firms cannot hold it at all.
- P2P networks such as RetoSwap and BTC-to-XMR atomic swaps do not depend on any exchange's country list.
Kraken's XMR timeline
| Region | What Kraken did | Date |
|---|---|---|
| United Kingdom | Ended XMR trading, set wallets to withdraw-only and closed margin positions, citing UK regulation. Still blocked. | After 26 Nov 2021 |
| Ireland and Belgium | Trading and deposits halted; withdrawals stopped a month later and remaining XMR converted to BTC. | 10 May 2024 |
| Rest of the EEA | Trading and deposits halted; withdrawals allowed until 31 Dec 2024, then balances converted to BTC. | 31 Oct 2024 |
| Canada | Deposits paused, then all XMR trading disabled and accounts set to withdraw-only, citing Canadian compliance requirements. | 2 Sep 2025 |
| India | Deposits and trading halted; withdrawals halted 15 May; remaining balances liquidated 18 to 22 May. DASH and ZEC were delisted too. | 10 Apr 2026 |
| UAE | Deposits and trading halted; withdrawals halted 14 Sep; balances liquidated afterwards. DASH, ZEC and several stablecoins were included. | 16 Jun 2026 |
| Australia | Clients can neither deposit, hold nor trade XMR (also DASH and ZEC). Start date not stated. | Listed on 5 Nov 2026 |
| Everywhere else | Rolling 30-day XMR limits: individuals $3,500 deposit and $1,500 withdrawal; corporate accounts $30,000 and $10,000. | 15 Aug 2026 |
The October 2026 episode added to the pressure. According to French outlet Cryptoast, some clients who bought XMR and withdrew it were emailed questions about their employer, source of funds and plans for the coins. Sethi said no rule required those questions and that Kraken had made a mistake. The withdrawal cap did not change. Our exchange delistings tracker logs these events with sources.
Alternatives by country
The table only lists exchanges our tracker data supports for each country as of 5 November 2026. "Not on the restricted list" means the exchange's terms do not exclude that country; we have not verified local licensing. Each country guide has more detail.
| Country | Kraken XMR status | Exchange options in our data | Guide |
|---|---|---|---|
| United Kingdom | Blocked since 2021 | KuCoin is not on its restricted list. HTX excludes the UK. | UK |
| Ireland | Delisted May 2024 | No EU-licensed option. HTX excludes all EU states. | Ireland |
| Belgium | Delisted May 2024 | No EU-licensed option. HTX excludes all EU states. | Belgium |
| Germany | Delisted Oct 2024 | No EU-licensed option. KuCoin lists XMR but has no authorization for the German market. | Germany |
| France | Delisted Oct 2024 | None: KuCoin and HTX both exclude France. | France |
| Netherlands | Delisted Oct 2024 | None: KuCoin and HTX both exclude the Netherlands; Bitvavo has no XMR market. | Netherlands |
| Canada | Delisted Sep 2025 | KuCoin excludes only Ontario and British Columbia. TradeOgre was shut down by the RCMP in 2025. | Canada |
| India | Delisted Apr 2026 | KuCoin is not on its restricted list. India's FIU reportedly told registered exchanges to stop XMR deposits and withdrawals in January 2026. | India |
| UAE | Delisted Jun 2026 | KuCoin is not on its restricted list, but Dubai's VARA prohibits activity related to anonymity-enhanced crypto. | UAE |
| Australia | Cannot deposit, hold or trade | KuCoin is not on its restricted list. CoinSpot dropped XMR in 2020. | Australia |
| United States | Available (not in NY or Maine), with caps | KuCoin and HTX both exclude the US. | US |
| Switzerland | No XMR restriction listed, with caps | KuCoin is not on its restricted list. MiCA does not apply. | Switzerland |
Exchanges that still list XMR
KuCoin
KuCoin's API showed XMR deposits, withdrawals and four spot pairs enabled on 5 November 2026. The record is uneven: XMR deposits and withdrawals were closed from 24 September 2026 for "essential wallet maintenance" with no reopening date given. Its terms list the US, Singapore, Hong Kong, France, the Netherlands, Ontario and British Columbia among restricted locations. If you use it, withdraw to your own wallet rather than leaving XMR there. See Kraken vs KuCoin for a side-by-side view.
HTX
HTX, then called Huobi, announced in 2022 that it was delisting XMR and other privacy coins. It has since brought back an XMR/USDT market, with XMR deposits and withdrawals allowed on 5 November 2026. Its user agreement bars users from the US, the UK, Singapore, Hong Kong and all EU member states from every service.
Bitfinex and Poloniex
Bitfinex's public API lists XMR pairs against BTC, USD and USDT, and Poloniex's XMR/USDT market was tradable on 5 November 2026. We could not confirm either platform's country restrictions from its own terms, so check them before you sign up.
Non-custodial alternatives that work in any country
Peer-to-peer trading. RetoSwap is a public network running the open-source Haveno software over Tor. According to its site, it never takes custody of funds, supports both fiat and crypto offers, charges a 0.1% maker fee and a 0.8% (crypto) or 2% (fiat) taker fee, and has completed more than 19,000 swaps. You need the desktop client and some patience with counterparties.
Atomic swaps. If you already hold BTC, an atomic swap trades it for XMR with no third party holding funds. eigenwallet handles BTC to XMR swaps over Tor, and BasicSwap supports XMR alongside about ten other coins.
Instant swaps. Account-free swap services convert BTC, ETH or stablecoins into XMR sent straight to your wallet. They are fast, but the service holds your coins for a few minutes and its risk system can pause a swap and ask for ID. Read the terms, start small, and compare a few services.
A common route where no exchange lists XMR: buy BTC on a local licensed exchange, withdraw it to your own wallet, then use an atomic swap or instant swap to get XMR. Licensed exchanges may ask where coins are going when you withdraw, so expect questions.
What Kraken users should do now
- Withdraw XMR you plan to keep. In the EEA, Ireland, Belgium, India and the UAE, holders who missed the deadline had their XMR converted or liquidated. Kraken's policy can change by region with a few weeks' notice.
- Mind the caps. With a $1,500 30-day withdrawal limit for individuals, moving a larger balance out takes months. Plan ahead.
- Use your own wallet and node. Self-custody means a delisting changes where you can trade, not whether you can use your coins.
FAQ
Is Monero still on Kraken?
Yes, in some regions. Kraken still lists XMR where it has not delisted it, such as most US states, but with 30-day caps of $3,500 in deposits and $1,500 in withdrawals for individuals since 15 August 2026.
Why did Kraken delist XMR in my country?
Kraken cited UK regulation in 2021, "regulatory changes" for the EEA in 2024 and Canadian compliance requirements in 2025. The India and UAE notices describe them as part of regular asset reviews.
What happened to XMR left on Kraken after a delisting?
In Ireland, Belgium and the EEA, remaining XMR was converted to BTC after the withdrawal deadline. In India and the UAE, remaining balances were liquidated.
What is the best Kraken alternative for XMR in Europe?
No EU-licensed exchange lists XMR, so most Europeans use P2P networks such as RetoSwap, atomic swaps from BTC, or instant swap services into their own wallet.
Can I still buy XMR in the US after Kraken's caps?
Yes. Kraken still sells XMR to US clients within the caps, and atomic swaps, P2P trading and instant swaps are available beyond them. KuCoin and HTX exclude US residents.
Did Kraken reverse its XMR restrictions in October 2026?
Partly. Kraken said the source-of-funds emails were a mistake and that XMR remains listed where offered, but the 30-day deposit and withdrawal caps stayed in place.