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