How To Buy Monero on ChangeNOW.io — Quick and Easy Swaps with More than 150 Cryptos
Good day to everyone! We at ChangeNOW are constantly looking for new coins to add so you can swap them all as conveniently as possible, all in one place! However, it’s always great to remember those that we already support and let everyone know about them because of the recent updates they’ve undergone, like our today’s guest, Monero!
Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on fungibility, privacy and decentralization. Monero uses an obfuscated public ledger, meaning anybody can broadcast or send transactions, but no outside observer can tell the source, amount or destination. Monero uses a Proof of Work mechanism to issue new coins and incentivize miners to secure the network and validate transactions.
Monero is actively used by those seeking financial privacy, since payments and account balances remain entirely hidden, which is not the standard for most cryptocurrencies.
So, if you value your privacy, Monero is the right coin for you!
This is how you can exchange XMR on ChangeNOW.io:
Step 1. On the ChangeNOW home page, choose a currency and enter the amount you would like to deposit. The service will automatically calculate the estimated amount of XMR you will get. Then click the Exchange button.
Below is an example of buying Monero with with Ethereum.
Step 2. Enter the XLM wallet address where you would like to receive your XLM, then click Next.
Step 4. After you have confirmed the transaction, send your Ethereum to the generated address you will see on the screen.
Step 5. A useful bonus! The platform rewards you with NOW tokens, which give access to such benefits on ChangeNOW as special exchange rates and accelerated support.
Hope you liked this one! We’re looking forward to meeting you on ChangeNOW, where you can swap and buy more than 150 cryptos, easy as cake.
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