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