I exchange Bitcoin (BTC) to Monero (XMR) without commission online? Where can I see the rating of cryptocurrency exchanges? How do I choose the best exchanger?
Have you ever changed your money in bank exchangers? If yes, then you can imagine the way these platforms work. Cryptocurrency exchanges work similarly. But they do not work with real money but with digital money.
These online resources buy, sell, exchange one cryptocurrency for another. With exchangers, you can convert cryptocurrency in any combination. But we are interested in the Bitcoin (BTC) to Monero (XMR) exchange.
So, digital money became more expensive than gold and platinum. Bitcoin rate once came close to $70000 per 1 BTC. It is not certain that the growth of this cryptocurrency will ever stop. Bitcoins are getting harder and harder to mine, and bitcoins are limited.
Thousands of people make money from bitcoins and other cryptocurrencies simply and ingeniously. They buy at one price and wait for it to rise. Then they successfully sell. This is how you can make money by exchanging Bitcoin (BTC) to Monero (XMR). This is a typical example of passive income. As in any other financial transaction, there is a risk here. Bitcoin can fall in price at any moment.
Do cryptocurrencies have disadvantages? Of course, there are. This money is recognized almost nowhere at the state level. It is not legalized, but there is no prohibition on its use. Making transactions with BTC and other cryptocurrencies, you act at your own risk.
There is nothing complicated about exchanging BTC to XMR. Exchanging it is not difficult if you are smart enough to earn digital money. To avoid disappointment, use a step-by-step algorithm.
Choosing an exchanger
The next steps are a matter of technique. Choose a currency pair and method of exchange. Then fill out the application. Enter the amount you want to exchange. The equivalent amount in XMR, according to the current exchange rate, is shown by itself.
Click “exchange” or “confirm the exchange” and wait for the execution of the request. Be prepared to wait — from a few minutes to several days. The latter, of course, is undesirable, but it is impossible to predict this.
There are no perfect exchangers for all occasions. But knowing the selection criteria, you will find the best option.
Look for favorable exchange conditions on the Alligat0r. An ideal cryptocurrency exchanger works without weekends and breaks, offers low commissions and many withdrawal options.