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