The BNB to XMR (Binance Coin to Monero) swap process on our instant crypto exchange platform is as easy as 1-2-3:
That's it! If you need more details, in our article below we have covered various aspects of swapping BNB to XMR, as well some information about both cryptocurrencies and a more detailed step-by-step guide.
Using an instant crypto exchange to swap BNB to XMR has several benefits. The most important of them are listed below.
Typically, after you send your Binance Coin deposit, you get your Monero just in a matter of minutes.
You don't have to create an account or share any personal information to swap BNB to XMR on an instant crypto exchange.
Low minimum requirements to exchange BNB to XMR, currently 0.01410279 BNB. And there is no upper limit at all.
Minimized number of clicks and other actions needed to complete your crypto swap, compared to exchanges where it is mandatory to create an account, provide personal information, log in every time etc.
Cryptocurrency is a modern type of digital money which is made using mathematical operations and encryption. There is plenty of such currencies in the world and new ones appear every day. Binance Coin and Monero, among many others, are cryptocurrencies that are in stable demand nowadays.
As most other cryptocurrencies, both BNB and XMR have the following common benefits:
The BNB/XMR currency pair is quite popular among crypto traders, which means it tends to have sufficient liquidity and significant daily trading volume.
The necessity to compare Binance Coin to Monero before swapping and the advised level of analysis depth depend on the primary purpose of your intended BNB to XMR swap and the amount you are planning to exchange.
If you are going to convert a certain amount of your BNB to XMR just because you need some Monero for your further operations, or the amount of your swap transaction is relatively small, you probably don't need to perform any analysis or BNB to XMR comparison before proceeding with your Binance Coin to Monero swap.
If your primary intent of swapping BNB to XMR is to make money out of short-term BNB/XMR pair price movement, you may wish to perform technical analysis of the pair, i. e. scrutinize short-term price charts, find out whether there is a clear trend or not, examine technical indicators, current price momentum, compare Binance Coin and Monero daily trading volumes and possibly some additional factors to make the right decision.
If the primary aim of your swap is a long-term investment and the amount you are planning to invest is significant, you may wish to perform in-depth fundamental analysis of both involved cryptocurrencies:
The price of 1 BNB in XMR is currently 3.6553282 XMR. Please keep in mind that the final exchange rate for a specific BNB to XMR swap transaction can slightly differ from this value, because it depends on the input amount of BNB.
In this more detailed tutorial, we will show you how to swap BNB to XMR in a few simple steps, quickly, without KYC and sign-up.
When you swap BNB to XMR on our platform, you can be sure you get the best available exchange rate. After you choose the cryptocurrencies to exchange and enter the amount, our system retrieves rates from several crypto liquidity providers and selects the best exchange rate for you automatically.
Yes, this cryptocurrency pair is available on SwapNow as well.
We sincerely hope that information provided in this article can help you analyze all pros and cons and make a thoughtful decision regarding your planned BNB to XMR swap.