How does Bitcoin anonymity differ from privacy coins like Monero?
A post by William Parvez
Platform | Monero | Pound Sterling |
---|---|---|
BTSE | 1 XMR | 0 GBP |
To buy Monero using Pound Sterling, first, find a cryptocurrency exchange that supports the XMR/GBP trading pair. Create an account, verify your identity, and deposit your GBP into your exchange wallet. Locate the XMR/GBP pair on the trading platform and place an order to exchange your Pound Sterling for Monero. If the XMR/GBP pair is unavailable, you can first exchange Pound Sterling 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 Pound Sterling, first, find a cryptocurrency exchange that supports the XMR/GBP trading pair. Create an account, verify your identity, and deposit your XMR into your exchange wallet. Locate the XMR/GBP pair on the trading platform and place a sell order to exchange your Monero for Pound Sterling. If the XMR/GBP pair is unavailable, you can first sell Monero for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Pound Sterling. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by William Parvez