Ocean Kai, Author at - Page 229 of 292

Bitcoin and Monero are primarily known for their anonymity features. Apart from reaching new highs in 2021, both of them are relatively old players in this game. Thus, each one has a community of seasoned enthusiasts regularly investing and supporting their loved coins. Nevertheless, today we want to find out which asset would give us more profit and whether one should exchange BTC to XMR. BTC/XMR Crypto Pair The bear market spares no one. Bitcoin has dropped by 70% from its ATH, while Monero fans witnessed a fall of 70%. The only thing that significantly differs between these coins is that XMR has successfully surpassed its local bottom of $98 (and grew by 80%), while BTC is still trading in the $18,000-20,000 range. BTC Future Price Priceprediction.net thinks that the low of $18,000 was the bottom for BTC. Talking about the forecast for this year, the experts claim that the average price will be around $21k. However, the rest of the prediction platforms are less confident in such a result for the 2022 bear market. Cryptopolitan.com, Capital.com, and Gov.capital are sure that we’ll see another bottom in the range of $13,000-15,000. The long-lasting war in Ukraine, high interest rates in the USA and the euro area, euro weakening, and possible bankrupting of major BTC whales will play their role in the BTC chart. XMR Price Prediction Everything isn’t that good for XMR too, as many popular exchanges are delisting anonymous cryptos from time to time. Obviously, the users of such platforms are panic-selling and dropping the price of such coins in a matter of days. In terms of anonymity, Monero is one of the best among digital assets. Its growth will accelerate significantly if the developers popularize the coin and use it in other projects. The asset will definitely develop further; therefore, it is good for long-term investment and profit. However, with the coming regulations, price predicting platforms think that the coin will be trading at the level of $70-120 this year. BTC/XMR Exchange Platforms Let’s review the top 3 anonymous exchanges that you can go ahead and use for your daily trading. Godex To date, Godex is the best place for safe financial transactions. This anonymous cryptocurrency exchange does not require users to provide any personal data or register. Other perks you may get include: Complete automation of the exchange process with no room for human error. Current rates are constantly monitored by the Godex system, selecting the most profitable for you. High speed of order execution. The waiting time depends only on confirmation in the blockchain. You can buy and sell tokens from any device and any browser. 300+ assets are available. Just connect your wallet and go trading with 100% anonymity! SimpleSwap SimpleSwap is a simple (obviously) cryptocurrency exchange that supports over 500 assets. The service does not require registration and provides two types of rates: floating and fixed. The founders of the website claim they created an exchange with a simple, safe, and convenient trading process. SimpleSwap has no minimum or maximum volumes. The only thing to consider is the commission on transactions. The website says that the converter does not charge any other fees. Loyalty clients will get cashback on every transaction they make. Fixedfloat FixedFloat.com is a fully automated crypto asset exchange where users can trade on favorable terms. There is no registration and storage of user funds. The fees for floating and fixed rates are 0.5% and 1%, respectively. One more great feature is 24/7 support. Any questions you may have can be always addressed to the DEX’s specialists. Swapping BTC for XMR on DEXs At the time of this writing, BTC is the most secure way of investing. Let’s wait for some further actions regarding privacy coins and then decide whether to buy or sell XMR.

Ocean Kai

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