Features of exchange
Crypto currencies BTC and XMR are promising investment instruments that allow you to make good money with skillful handling. But due to the limited use of coins, the income received in most cases has to be transferred to a more practical payment instrument. And the earnings themselves are also associated with the frequent conduct of transactions for the purchase/sale of crypto currencies. Therefore, it is worthwhile to understand how to sell and buy assets with the maximum speed, profit, and safety. Let’s consider the example of exchanging digital coins for another type of money. Most of the users planning to sell BTC and XMR use the services of electronic exchanges, even though there are other ways to conduct transactions, for example, exchange through exchanges, p2p transactions, and use of Telegram bots.
Advantages of Alligat0r exchanger
The popularity of the Alligat0r exchange service is not accidental. On the contrary, it is due to several advantages of cooperation:
• The ability to exchange currency at any time – in a continuous mode;
• A large number of offers, allowing you to choose the most favorable conditions;
• No mandatory need to undergo verification
• Simplicity of the exchange – the user does not need to study complex instructions, install any software;
• Efficiency of transactions – after sending the application and coins to the account of the exchanger, an equivalent amount in another form of funds can be received within 10-15 minutes;
Process of convert BTC to XMR
Online exchanges allow you to convert money into the desired currency and back at the internal rate. Usually, the procedure does not require registration. Only account data is needed – from which one to take money or crypt currency and to which one to transfer the result of the exchange. The difference between exchangers and exchanges is that you cannot trade with other users. The exchange procedure takes from 5 minutes to several hours, depending on the speed of the operator. Each exchanger has its work schedule. Therefore, it is worth considering and planning when you need to convert funds. If you need to exchange funds promptly, then exchangers may not be suitable – when the operator operates, the favorable rate may already fall. Plus, for large transactions, exchange services take a significant commission.
Many users like the Alligat0r platform, which has an intuitive interface and a good set of tools. For example, in addition to direct trading, there is a section “Exchange,” which allows all exchange clients to exchange 16 digital and five fiat currencies among themselves.
It is enough to indicate BTC and the number of coins exchanged in the upper window and select XMR in the lower window. After that, the system will automatically transfer the crypto to XMR at the current exchange rate. First, you need to enter the address of your crypt currency wallet and click the “Exchange” button. The BTC to XMR Exchange is done in reverse order. After replenishing the wallet, you will need to withdraw the crypt into fiat currencies. To do this, select one of the withdrawal options offered on the site.
Ethan Moore, crypto and stock trader since 2012. Co-founder of Blockwatch experts team.