If you have been trading cryptocurrencies for some time now, you probably know that Bitcoin (BTC) is not completely anonymous. However, it still remains the strongest crypto in the world and one that shows very steady growth. The great news is that there are some cryptos, although not as popular, that are very anonymous. So, you might need to convert your Bitcoin to these coins and then transact if you want to protect your privacy.
Monero (XMR) is an absolutely anonymous cryptocurrency, which is why it is the most preferred on the dark web. Monero uses an open-source platform that emphasizes the privacy of those transacting with it. So, you need to know how to convert Bitcoin to Monero if you do not want anyone spying on your transactions. But how do you go about this?
General Information on How to Convert Bitcoin to Monero
If you are curious about how to convert Bitcoin to Monero, then you are in the right place. Of course, there are many ways to go about this, but you have to be extremely cautious as the process is irreversible. Whether you are totally new to crypto or not, the insights below will be useful.
One of the best options for this is to use a reputable platform where you will conduct the exchange. Of course, there are numerous platforms, but not all will provide a legit platform or guide you on how to convert Bitcoin to Monero. It is up to you to find out the best ones.
But first, let us talk about the conversion calculator to guide you on the rates. All reputable platforms should give you a calculator to know the current rates. And you can still get one online from many other websites. The great news is that they are always live, which means you get the most current rates. On the other hand, you can also get this information from other sources such as social media platforms and P2P crypto platforms.
How to Convert Bitcoin to Monero on Nakitcoins
Among the many platforms where you can convert BTC to XMR, Nakitcoins stands out for numerous reasons. It is a reliable exchange platform that not only allows you to sell your cryptocurrency for cash but also allows you to make coin swaps.
Actually, a big plus of using this platform is that you do not need an account with Nakitcoins. All you need is your wallet so that they can transfer your Monero into it once there is a match. It is first on this list since they have a large pool of users and getting a match is very fast.
When you click reference for more of the above details, you will learn more amazing news about Nakitcoins. Simply put, they are the best source on how to convert Bitcoin to Monero. But they also have other crypto exchange services that you could be interested in as well.
How to Convert Bitcoin to Monero on Godex
Just like Nakitcoins, Godex is a reputable platform that does not require its users to have an account with them. They boast high levels of anonymity, which you could be interested in. Since it is a fully automated system, users should not expect any human error, making it one of the most trusted platforms on the web.
They use the same concept of matching sellers and buyers. Hence, once you declare your interest in selling your BTC to XMR, they will wait until they get a match. This should only take a short time now that they are popular and have a pool of people interested in their services. Since coin swapping is popular these days, matching you with a buyer is very fast.
When the transaction goes through, your Monero will be sent to your wallet immediately. Remember that this platform does not force users to register with them. And this makes it one of the best options you have on how to convert Bitcoin to Monero.
How to Convert Bitcoin to Monero on Kraken
A list without the Kraken exchange platform is not complete. They are one of the oldest crypto exchange platforms in the world. So, whether you are new or not, they will guide you on how to convert Bitcoin to Monero and proceed to see you through the process.
If you are worried about the safety of your transaction, Kraken is one of the safest platforms in existence, and this has been their endeavor since their inception in 2011. So, you can trade BTC for XMR without fear of being hacked or losing your hard-earned investment.
What’s more, they have a large pool of users, which makes the transaction extremely fast on their easy-to-use platform. So, just get on their website, read how to convert Bitcoin to Monero, and follow the steps. You will not regret it at the end of the day.
How to Convert Bitcoin to Monero on CoinSwitch
As the name suggests, the main aim of this crypto exchange platform is to assist investors on how to convert Bitcoin to Monero and more. Actually, they have over 300 coins, and this makes them very popular. So, your transactions will be as quick as possible.
But there is more that will make you like this crypto platform. First, it is as safe as many other popular platforms, which makes it very convenient for you. Another thing is that this user-friendly platform does not require you to have an account with them to enjoy their services.
Actually, you do not have to provide your personal details during the exchange of BTC to XMR or any other transaction for that matter. Since this is the trend with all reputable platforms, why not give them a try?
As you can see, there are many legit crypto platforms that allow coin swapping. Although these are not all the available options, they are the best you can find online. Visit their respective websites to learn more about how to convert Bitcoin to Monero and make other coin swaps as well. You will enjoy their secure and friendly environment and, most importantly, their excellent rates.