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