In the modern world, electronic money is used as actively as cash. Their main features are the implementation of the emission in electronic form and a guarantee on the issuer’s part to provide them with real money. Most importantly, means of payment are recognized not only by the organization issuing them but also by others. When people use several payment systems simultaneously, it often becomes necessary to convert currencies. There are particular services for this. Consider how this is done using the example of cryptocurrency.
How to exchange virtual currency?
If you prefer to make money online, and your employer transfers payment in a not-quite-suitable currency, know that it can be converted without problems. For example, you can exchange Monero (XMR) for PayPal at www.bestchange.com/monero-to-paypal-usd.html. This monitoring system is designed to help Internet users find a reliable exchanger offering the most favourable rate as soon as possible. It has been operating for ten years, during which time it has become a market leader.
Another critical point: Bestchange has an affiliate program where participants can earn extra money. All that is needed is to register, after which the user receives a reward to his electronic account for attracting each client. The service has many advantages; deciding to use it, you will not regret it.
What is Monero?
In 2014, the World Wide Web was replenished with another type of electronic money, namely the cryptographic Monero cryptocurrency. It quickly spread on the Web; for example, in 2016, one unit was equal to 10 US dollars. Immediately after creating the system, the developers proposed a program specifically designed for mining on a GPU. At a time, “malicious” hackers tried to sink a new electronic currency, but these failed. Those who think Monero is a Bitcoin fork are wrong because this cryptocurrency was created from scratch. Its basis was the CryptoNone protocol, meaning the system does not provide for pre-mining.
Among the main advantages of electronic coins is the anonymity of users, which is essential for many. Monero is also characterized by non-binding transactions, resistance to analyzing a chain of blocks with information, and the ability to adapt to user needs. The work uses the principle of Proof-of-work; it serves as proof of the operation, and the system’s source code is open. The developers have provided such an opportunity that users can support the system’s further functioning after the primary emission is completed. There are no restrictions on emissions.
How to choose an exchanger?
The most convenient and straightforward way to carry out the exchange procedure is to use specialized services. However, using such resources with extreme caution is necessary since many fraudulent sites offer to exchange Monero (XMR) for PayPal at a low and unfavourable rate or with a high commission. In some cases, theft of funds is also possible.
It is recommended to an aggregator of famous exchanger services using the www.bestchange.com service. This resource lists relevant and reliable sites for the exchange between electronic payment systems.
The administration of this resource guarantees the decency of the presented service providers and conducts a systematic check of their reputation. The list contains only exchangers with high ratings that have positive user reviews.
By selecting the required currency pair in the list, the user will be able to receive information updated in real-time, including:
- the current exchange rate of a particular currency;
- availability of a reserve;
- features of the commission;
- resource reviews.