How does Bitcoin anonymity differ from privacy coins like Monero?
A post by William Parvez
Platform | Monero | Australian Dollar |
---|---|---|
BTSE | 1 XMR | 0 AUD |
To buy Monero using Australian Dollar, first, find a cryptocurrency exchange that supports the XMR/AUD trading pair. Create an account, verify your identity, and deposit your AUD into your exchange wallet. Locate the XMR/AUD pair on the trading platform and place an order to exchange your Australian Dollar for Monero. If the XMR/AUD pair is unavailable, you can first exchange Australian Dollar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Monero. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Monero for Australian Dollar, first, find a cryptocurrency exchange that supports the XMR/AUD trading pair. Create an account, verify your identity, and deposit your XMR into your exchange wallet. Locate the XMR/AUD pair on the trading platform and place a sell order to exchange your Monero for Australian Dollar. If the XMR/AUD pair is unavailable, you can first sell Monero for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Australian Dollar. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by William Parvez