How to Convert XMR to BNB
Converting XMR to BNB is not as complicated as it might sound. Thanks to Rubix, you can quickly and easily make a conversion safely and securely. Rubix was designed with user experience in mind to create a simplistic and exceptionally secure exchange. Manage, buy and sell your cryptocurrencies while diversifying your portfolio. Purchase multiple cryptocurrencies with your bank card and sell in USD or any other preferred currency and receive your earnings in your bank account.
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About XMR & BNB
What is Monero?
Monero is a cryptocurrency that has recently grown in popularity. Unlike Bitcoin, which can be traced, Monero is privacy-oriented. Its opaqueness disguises the transactions and addresses of users, making it untraceable.
Monero is fungible as well, meaning that it can be interchanged with itself and other currency. Another advantage of Monero over other cryptocurrencies is that it can be mined on a consumer CPU.
What is Binance Coin?
Binance is a cryptocurrency that was issued by the Binance exchange. It trades under the BNB symbol. Originally created in 2017 as a utility token, Binance coins were used for discounted trading fees. When first created, it was based on the Ethereum network, but now it is original to Binance’s blockchain, which is the Binance chain. More recently the Binance coins are used to pay for travel bookings, entertainment, and online financial services.
One-fifth of Binance’s profits are spent every quarter to repurchase and burn coins held in its treasury. By decreasing the number of available coins, a deflationary effect will potentially take place over time. Coin burning is used as a way to create scarcity so that coins increase in value.
Convert XMR to BNB using Rubix
Rubix is a cryptocurrency exchange that is revolutionizing its approach to its user’s security. The creators of Rubix designed the platform with industry-leading encryption, multi-factor authentication, and an innovative account protection system. Users are able to buy, sell and trade cryptocurrency conveniently.
As the demand for digital currencies grows, the need for an effective way to exchange funds is essential to the cryptocurrency community. Rubix seeks to put the power back in the users’ hands by providing a platform where security is top of mind and user-friendly.