The easiest, simplest, most convenient and fastest way to exchange Bitcoins for Monero cryptocurrency is to use an electronic exchanger. Such a service operates online and specializes in converting different cryptocurrencies, ie exchanging one crypto for another at a set rate.
There are hundreds of exchangers operating on the Internet, and it seems that finding the right one is not a problem. But it is not quite so. Going to the first site, the user runs the risk of encountering unfavorable fees at best, and at worst – to become a victim of fraud, leaving both without Bit Coin and Monero (XMR).
How to avoid risks when exchanging Bitcoins for Monero?
Find a reliable and guaranteed safe service for exchanging BTC to XMR will help a specialized aggregator of exchangers. This resource is engaged in monitoring the rates of cryptocurrencies in electronic exchangers, therefore, receives information from real services.
Experienced users often resort to the services of monitoring portals, as turning to them provides:
- profitability of the transaction;
- security guarantee;
- additional support on emerging issues and related operations.
The monitoring portal receives information about the slightest changes in the exchange rates of cryptocurrencies offered by exchangers, so it has up-to-date and reliable data on what ratio and where to exchange Bitcoins for Monero (XMR) right now.
Exchange aggregator services are free of charge for ordinary users, and the information is published in the form of rating tables, where the top positions are occupied by services with the most favorable BTC-XMR exchange rate for the client. But the main thing is to guarantee the safety of the transaction, because all monitored exchange resources are checked, and only 100% reliable ones are included in the rating to attract clients.
Conducting a safe Bitcoin – Monero exchange via an exchange aggregator
Monitoring sites offer intuitive use. The visitor only needs to select the exchange direction you are interested in (in our case, Bitcoin (BTC) to Monero (XMR)) and the system will instantly aggregate the information on exchangers’ offers into a single rating.
To convert Bitcoin to Monero you need to:
- choose a resource with a favorable rate and preferably without additional fees;
- read reviews to understand what the nuances are and whether there were no problems;
- click on the name of the interested exchanger in the rating table, so that the system redirected to the selected site;
- using the instructions and tips on the exchange service to exchange Bitcoin to Monero (XMR).
Additional tools for profitable and safe conversions of Bitcoin to Monero and other currencies
Electronic exchangers and portal-aggregator are an invaluable tandem for someone who needs to exchange Bitcoin cryptocurrency for XMR tokens and any other crypto or fiat currency. With their help, the safety and profitability of the transaction is ensured. The monitoring portal itself provides quite a few additional tools and useful options. For example:
- online calculator;
- notification service;
- selection of double exchange options (if the direct conversion of the user’s crypto asset to XMR or other currency of interest is currently unavailable or not the most favorable).
Exchange aggregators are independent platforms, they do not perform direct conversion and do not have their own currency reserves, but are information resources. Their unbiased nature increases the degree of trust of users.
