• 2 Posts
  • 4 Comments
Joined 7 months ago
Cake day: December 5th, 2023
  • MetaRyuk@monero.townOPtoMonero@monero.town•New Monero user here
    4·
    7 months ago

    I was studying privacy coins and ZCash and Monero came into the picture. Read about the pros and cons of both and realized that there is a whole company, shareholders behind ZCash. Monero on the other hand is not. Also, Monero is privacy by standard and default whilst ZCash is privacy by option. So i gotta give it to Monero on this. Also, I’m a researcher and participant of the web3 ecosystem first, investor last. Thanks for the warm welcome!

  • MetaRyuk@monero.towntoMonero@monero.town•Is there a way to swap other tokens to Monero?
    2·
    7 months ago

    It’s not a straight forward process based on my experience (im not a highly technical user and not a dev). I haven’t seen any DEX offering to swap tokens to MOnero given that most DEXs are not on Monero chain. And many CEXs are also not offering Monero due to regulatory issue. There are some CEXs you can use such as MEXC and TraderOgre using USDT and BTC as XMR’s pair. I’m not aware that you will be flagged for buying XMR in huge quantity…which platform would flag that if you dont mind me asking.