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Topic: Want to covert 7$ worth of BTC into XMR (Read 108 times)

legendary
Activity: 1596
Merit: 1288
September 20, 2023, 02:13:14 AM
#4
I have 7$ worth of btc in electrum and i need to get XMR for that. What is the cheapest way to do and best site for this ?

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legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
September 09, 2023, 03:04:45 PM
#3
You can use exch. Exch is accepting Bitcoin, Litecoin, Monero, Ethereum and ERC20 tokens. If you want to convert to minero with the cheapest fee, use the exchange.

This is exch website: https://exch.cx/

To calculate the fee, you can input the amount that you want to exchange to minero to to see the fee before you press on exchange to exchange the coin. If you can not not go with 1% fee, you can change it from flat fee to dynamic fee of about 0.5% fee.

0.5 to 1% of $7 is not high at all as fee.
staff
Activity: 3500
Merit: 6152
September 09, 2023, 02:44:52 PM
#2
For that amount, I would probably go with instant exchanges[1] instead of CEXes. Not sure what the withdrawal fees are exactly, but unless you have an account already on one of them, it's probably not worth going through the registration and (possibly) verification processes.

I just tried a few: Changelly (couldn't because there is a minimum amount), ChangeNow, Simplswap, FixedFloat, and exch.cx[1]

exch seems to give the best rates: ~0.0489 XMR compared to ~0.041-0.044 that the other ones give.

[1] https://bitcointalk.org/index.php?topic=5218464.40
[2] https://bitcointalk.org/index.php?topic=577207.60
newbie
Activity: 5
Merit: 0
September 09, 2023, 02:37:01 PM
#1
I have 7$ worth of btc in electrum and i need to get XMR for that. What is the cheapest way to do and best site for this ?
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