It may be overwhelming when you see a list of crypto exchanges on the internet. While there are many trustworthy exchanges like Bittrex, Bitffinex, ShapeShift, Changelly and KuKoin, there are also many fraudulent sites posing as crypto exchanges. To deal with these legitimate crypto exchanges you must choose CoinSwitch which is a one-stop destination to stay connected with leading cryptocurrency exchanges.
Connecting crypto world through CoinSwitch
CoinSwitch renders its support to more than 300 types of cryptocurrencies including several altcoins. One cryptocurrency which is silently making its way up the ladder is Monero. Monero is becoming popular due to its privacy protection factor and its constant dedication to making it even stronger.
CoinSwitch not only enables in aggregating its users to buy, sell and exchange cryptos but also provides useful information about every cryptocurrency it supports. Monero was introduced in 2014 as an open-source peer-to-peer platform enabling transactions through blockchain. Monero uses ring signatures to protect the identity of its transactions and the parties involved. Due to such anonymity in its transactions darknet sites like Alphabay have started accepting Monero for Bitcoin. This was also one of the key reasons for an increase in rates of XMR. All such knowledge necessary for the investors about the crypto can be availed in CoinSwitch’s intuitive website which offers customer support anytime.
Be it new investors or experienced players in cryptocurrency market, CoinSwitch connects them directly to the popular crypto exchanges for buying and selling cryptocurrencies like Bitcoin, Bitcoin Cash, Dash, ZCash, Monero and Litecoin to name a few. It supports over 45000 different pairing of cryptos exchange prices including XMR to BTC exchange rate.
Trading Monero with CoinSwitch’s updated technology
Investors need not necessarily hold cryptocurrencies to buy another crypto. Some cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be bought using fiat currencies. Investors can buy different types of cryptocurrencies for US Dollars, Yen or Euros using CoinSwitch. You can buy Monero with credit card at CoinSwitch by following a few simple steps.
CoinSwitch being the most reliable cryptocurrency exchange platform has a user-friendly site with self-explanatory features. The price rates of Monero with other cryptos can be checked with its crypto exchange converter. Different types of graphs and charts are also available in CoinSwitch which gives the users an in-depth insight into the past performance of a particular crypto. Even future price predictions of various cryptocurrencies are found in CoinSwitch which is very much essential for making investment-related decisions.
Once Monero’s development work on its ambitious project Kovri succeeds the price rates of XMR may be on a rise. Find more about Monero’s Kovri project which is an anonymity technology using blockchain in CoinSwitch. The upgradation of Monero platform with Kovri technology will boost the strength of XMR in the cryptocurrency market.
Conclusion
It is always recommended to use trusted websites like CoinSwitch before investing in the most volatile world of cryptocurrencies. To answer all your queries regarding the performance and trading of Monero find yourself comfortable with CoinSwitch.