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