How does Bitcoin anonymity differ from privacy coins like Monero?
A post by William Parvez
1 Monero equals $0.06 ETH
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Platform | Monero | Ethereum |
---|---|---|
BTSE | 1 XMR | 0.06 ETH |
Kucoin | 1 XMR | 0.06 ETH |
FMFW.io | 1 XMR | 0.06 ETH |
To buy Monero using Ethereum, first, find a cryptocurrency exchange that supports the XMR/ETH trading pair, such as BTSE or Kucoin. Create an account, verify your identity, and deposit your ETH into your exchange wallet. Locate the XMR/ETH pair on the trading platform and place an order to exchange your Ethereum for Monero. If the XMR/ETH pair is unavailable, you can first exchange Ethereum 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 Ethereum, first, find a cryptocurrency exchange that supports the XMR/ETH trading pair, such as BTSE or Kucoin. Create an account, verify your identity, and deposit your XMR into your exchange wallet. Locate the XMR/ETH pair on the trading platform and place a sell order to exchange your Monero for Ethereum. If the XMR/ETH pair is unavailable, you can first sell Monero for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Ethereum. 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