this post was submitted on 12 Jul 2023
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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Monero, XMR, crypto, cryptocurrency

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I still do not understand how I can get and use Monero easily whilst maintaining privacy (self.monero)
submitted 1 year ago by MigratingtoLemmy to c/[email protected]
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Hi,

In short, since the crackdown on fiat-to-monero started, the only way to get monero that I could figure out was:

  1. Purchase Bitcoin using fiat.
  2. Purchase Monero using Bitcoin.
  3. Change Monero back to Bitcoin.
  4. Pay using Bitcoin for services that don't accept Monero.

Could someone tell me if doing step 2 and 3 still ensures my privacy, or is it pointless? I don't see any other way to use Monero for payments which don't accept Monero.

Thanks.

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