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