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