How To Convert XMR To BTC With Complete Anonymity?

Anonymous Ways to Convert XMR to BTC

M
by Micah James — 4 weeks ago in Review 3 min. read
1050

It’s natural to believe that XMR is a riskier investment, whereas BTC is a more traditional crypto asset. However, XMR holders can transact anonymously, avoid public blockchains, and keep their financial operations confidential by using a one-time private key.

Some governments disapprove of and even outright ban privacy coins, forbidding users to utilize their crypto savings. What are your options? Bitcoin is still the most popular and widely used cryptocurrency among merchants. Many other cryptos used Bitcoin’s architecture as a foundation for their projects, with some aiming to improve it. This article discusses the subject from the standpoint of anonymity. (The significance of user privacy and the best anonymous platforms.)

If you still want to convert XMR to BTC, you will need a reliable platform that can guarantee the safety of your funds. This article will provide you with a few options.

Why Anonymous Exchanges Are Better?

Decentralized anonymous exchanges operate by offering users privacy coins and enabling anonymous transactions on their networks. You are typically not required to verify your account or identity there.

The following factors make anonymity important for customers:

  • Law conflicts. Buyers want to conceal their information during transactions that may conflict with the law. For instance, when crypto purchases are banned in a country.
  • Long KYC process. Anonymity reduces the time and effort of copying all the documents needed for KYC procedures, which can take days.
  • Information leaks. Simply put, some people don’t enjoy being watched. They object to the sharing of their personal information.

Although anonymous exchanges have many advantages, you shouldn’t use a random platform. If it has security vulnerabilities, transacting on it could lead to financial loss. Also, some anonymous exchanges have transaction thresholds and high exchange fees, which you may be unaware of.

Also read: 10 Types of Developer Jobs: IT Jobs

Top 3 Anonymous XMR to BTC Exchanges

Here are the most secure and highly recommended services to consider.

1. Godex

Bitcoin, Ethereum, and other cryptocurrencies can be traded quickly and safely on Godex.io. It constantly monitors the best rates on various exchanges to provide you with the most advantageous exchange experience possible at the moment.

  • The benefits of using Godex are as follows:
  • There is no need to provide personal information or undergo a registration process to prove your identity.
  • A selection of over three hundred coins.
  • Buying and selling are free from any limitations or constraints.
  • Commission-based affiliate marketing.
  • There is always someone available to help you within the platform.




2. ChangeNOW

ChangeNOW is a decentralized, instant crypto-to-crypto and fiat-to-crypto exchange. Binance, Bitfinex, Huobi, OKEx, and Kucoin are just some of the exchanges that have incorporated ChangeNOW into their respective systems. Using ChangeNOW has many benefits, including:

  • A frictionless process for exchanging cryptocurrency.
  • Almost 400 different assets.
  • A simple way to stake and profit.

3. Letsexchange

Let ‘sExchange is a Seychelles-based cryptocurrency platform. When it comes to operations, Letsexchange supports crypto-crypto and crypto-fiat pairs. The service uses its proprietary Smartrate technology to come up with the most profitable rates.

  • All-in-one exchange widget.
  • Zero entry barrier to getting started in trading, as neither registration nor KYC checks are needed.
  • Lists about 1960+ coins.




How to Choose an Anonymous Exchange to Convert XMR to BTC?

Anonymous trading platforms bring back the original idea of “anonymity” that inspired the cryptocurrency project. But blindly joining any DEX could be a costly mistake. Things to look out for include a high level of security, a large number of tradable coins, a responsive support team, strict regulation, instantaneous support, and a fast processing time. Godex exchange provides all these perks and more. You can convert XMR to BTC on Godex without worrying about scams or losing money due to fluctuating exchange rates.

Micah James

Micah is SEO Manager of The Next Tech. When he is in office then love to his role and apart from this he loves to coffee when he gets free. He loves to play soccer and reading comics.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Copyright © 2018 – The Next Tech. All Rights Reserved.