Bitcoin is the most expensive cryptocurrency. It is attractive to investors, both in the long-term and short-term perspective. Owning this asset opens up wide opportunities in the Internet space and covers real-life needs in countries where Bitcoin (BTC) is officially recognized as a payment instrument. In some countries, you cannot openly work on cryptocurrency or simply transfer it to a bank card for cash. Therefore, you must look for those ready to exchange Bitcoin (BTC) to Monero (XMR) at an adequate rate.
Options for a swap
You can exchange Bitcoin (BTC) for any fiat currency, including Monero:
- in an electronic exchanger;
- from a private person (an acquaintance or a “money changer”);
- on a crypto exchange.
The third option is unsuitable for those who need cash due to the current difficulties of transfers and restrictions. Here, you will still need an additional resource – an online exchanger.
In the electronic exchange service, you can exchange Bitcoin coins in a single expression or in parts (the smallest part – Satoshi – is 0.00000001 shares of BTC). You can see how much Satoshi currently costs in exchangers on Bestchange. This approach (partial exchange, shares) is convenient and relevant, especially for cases when:
- The rate of “digital gold” has dropped significantly;
- The asset owner needs a small amount for personal needs, and there is no point in spending all of the savings.
Dealing with a private person is justified only when cooperating with a friend. Private money changers always offer to exchange Satoshi for Monero or a whole Bitcoin at an unreasonably unfavorable rate. However, the most dangerous thing is the lack of guarantees for the security of the transaction. The fact is that Bitcoin is a magnet for scammers.
How can you find out the current value of Satoshi (Bitcoin) and make a profitable deal?
The best way to swap BitCoin cryptocurrency for Monero cryptocurrency is through electronic exchanges. They carry out transactions:
- quickly;
- safely;
- not only the whole BTC but also a share;
- on adequate terms;
- at any time of the day or night.
The above was given a site for transition to find out the current value of Satoshi in exchangers. You will get to the monitoring portal of the best exchange services. There are published ratings of electronic exchangers, and the profitability of the rate carries out the ranking. Therefore, the user can be 100% sure he will receive reliable information. The data is updated every 5 seconds, so thanks to the portal, you can learn the current price of Satoshi or the exchange rate of the Bitcoins to Monero.
The monitoring portal provides not only statistics and ratings by rates. It also offers various useful tools, an information blog (which provides a detailed description of Bitcoin and different types of electronic money systems), and an “affiliate program.”
Advice! Even if you decide to make a deal with a friend, it is better to play it safe and look at the current exchange rate of Bitcoin to Monero or Satoshi shares on the monitoring site. This will eliminate misunderstandings and allow you to swap on mutually beneficial and fair terms.
