The formation of the cryptocurrency market began with one coin – BitCoin. Today, even though there are already hundreds of options in circulation among users of digital assets, Bitcoin (BTC) remains the most stable and sustainable. Its capitalization is the largest, and it is popular among participants in the cryptocurrency community. There are no problems today in selling, buying Bitcoin (BTC), and exchanging it for Monero (XMR). This can be done through cryptocurrency wallets if the selected digital coins operate on one or similar protocols. In BTC to XMR exchange, you need to involve financial intermediaries in any case like www.bestchange.com/bitcoin-to-monero.html. Online cryptocurrency exchangers are considered the most reliable and convenient.
Why are cryptocurrency exchangers the most convenient?
Exchangers are online services that provide services for converting one type of money into another. Moreover, these can be cryptocurrencies, fiat money, or electronic ones. Similar operations can be carried out through P2P services or exchanges. However, in the case of P2P, there are usually very high risks of fraud, and on exchanges where various assets are usually traded, you can only use crypto as a trading tool. Still, you cannot withdraw it to a cryptocurrency wallet. From the exchange, money is withdrawn mainly only in one of the fiat currencies selected by the user.
In addition, cryptocurrency exchangers are more convenient for exchanging BTC to XMR and any other types of currencies for the following reasons:
- exchangers have a wider range of currency pairs because there are no other services, only the conversion of different types of money;
- optimal exchange rate – given the large number of such services, there is no problem choosing the most suitable one;
- more adequate commission – it can be included in the general exchange rate or calculated separately, but in any case, it is much more profitable than buying bitcoin on the exchange;
- instant transactions – in trusted online exchangers, which can be quickly selected through a special aggregator on the monitoring site, transactions are carried out quickly, so the owner of monetary assets does not risk lost profits.
It is also worth noting that reliable services provide more favorable conditions upon reaching a certain monetary turnover, and you can also earn additional profit through an affiliate program.
How to exchange BTC for XMR?
You can perform such a financial transaction online.
Today’s most profitable exchangers are selected through a verified monitoring site to conduct a transaction online. Then, a quick registration is carried out, after which you can complete the transaction, indicating the amount and account details.
If you need to exchange Bitcoin to Monero, then you need to select the appropriate exchanger through the monitoring site where such a service is provided. Then, either agree on an individual meeting with a representative through the exchanger’s website or visit a physical branch in the selected city.
