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