When exchanging Monero (XMR) for Bitcoin (BTC), you should know that a financial transaction can be performed differently. But which method will be the best and most profitable? Practice shows that users often use one solution. They exchange Monero (XMR) to Bitcoin (BTC) through electronic exchangers, selecting performers on the profile monitoring portal BestChange. Why are other methods much less often chosen? This should be understood by considering the features of each option:
- Crypto exchanges – working with exchanges is unprofitable due to high commissions. Plus, users must undergo verification, place orders to exchange funds, wait for them to be executed, and this is a waste of time. To speed up the exchange, you must give in to the course. Not every user is willing to wait that long;
- P2P platforms. Here, the exchange is carried out between private individuals. Therefore, to convert the Monero cryptocurrency into BitCoin cryptocurrency, you must wait for a counteroffer that suits the terms. It is not known how long to wait. Therefore, this option is not suitable for those who want to make the exchange quickly;
- Telegram bots. Among the mentioned services, there are many scam projects. Finding a reliable service provider is almost impossible. Plus, exchanges are often made at unfavourable rates, with inflated commissions;
- Private money changers. Many scammers are also among them, and the exchange conditions cannot be called favourable.
Now, it’s clear why users prefer to exchange Monero for Bitcoin through electronic exchangers. When selecting a service provider on the monitoring portal and listing reliable e-exchangers at bestchange.com, you can be completely confident in its reliability because all services undergo a thorough check for transparency of activities. Also, when working with exchange services, you will be able to note several additional advantages, in particular, the following:
- current conversion rates;
- large reserves of USD;
- the ability to conclude small and large transactions;
- fast exchange;
- the ability to fix the rate upon request;
- There is no need for mandatory verification.
And, being confident in the correctness of the decision regarding the choice of currency exchange method, it remains to understand the procedure for concluding a transaction in more detail. There are no complications here.
How to exchange currency through an exchanger
Having selected a suitable exchange offer, you must go to the contractor’s website and carefully read the rules, focusing on all the essential points. Next you need to do this:
- enter the requested data in the application;
- check the accuracy of the information;
- agree to the rules of the exchanger;
- confirm the application;
- contact the service operator to get a wallet number for transferring Monero cryptocurrency;
- pay the application within the period specified by the rules.
Next, your BTC will be topped up with the equivalent in USD. Replenishment often occurs within an hour. However, if the exchange service is overloaded with applications, the transfer can be completed within the maximum period specified in the rules. Usually, it is 24-72 hours.
How to avoid problems when converting currencies
If you want your currency exchange to be quick, easy and smooth, you need to follow a few simple guidelines:
- fill out the application correctly, excluding errors;
- transfer to the wallet of the exchange service precisely the number of digital coins that was indicated in the form;
- comply with application payment deadlines.
As for the monitoring portal, where you can select a service provider, you can earn extra money using the affiliate program on the www.reddit.com/r/bestchange/. It provides a financial reward for each user attracted to the site. This will be a pleasant bonus to the possibility of organizing a profitable and safe financial transaction.
