Today is October 30, 2025, and I’ve been actively involved in the cryptocurrency space for several years now. I’ve recently completed a significant exchange of Bitcoin (BTC) to Monero (XMR), and I wanted to share my experience, the challenges I faced, and what I learned. It’s a process that requires careful consideration, especially given the privacy aspects of Monero.
Why Monero?
I decided to move a portion of my Bitcoin holdings into Monero primarily for enhanced privacy. While Bitcoin offers pseudonymity, Monero is designed with privacy as a core feature. Transactions are obscured using ring signatures, confidential transactions, and stealth addresses, making it significantly harder to trace the flow of funds. I, Amelia Hayes, was looking for a way to secure some funds and keep them truly private, and Monero seemed the best option.
The Exchange Rate Landscape (October 2025)
As of today, the exchange rate fluctuates, but I consistently saw rates around 328 ─ 336 XMR per 1 BTC. I monitored several platforms over a week before making my move. I noticed the rate did shift by about 0.5% ─ 2.7% over 24-hour periods, so timing is important if you’re dealing with a large amount. I used several websites to track the rate, and the information provided online (around 330 XMR per BTC) was generally accurate.
My Exchange Platform Choice: ChangeNOW
I ultimately chose ChangeNOW for the exchange. I did a lot of research, and ChangeNOW stood out for a few key reasons:
- No KYC (Know Your Customer): This was crucial for me. I didn’t want to provide personal identification for this particular transaction.
- No Limits: I was exchanging a substantial amount – around 50,000 USD worth of BTC – and ChangeNOW didn’t impose limits that would have forced me to split the transaction into smaller, more time-consuming pieces.
- Competitive Rates: Their rates were consistently within the range I observed across other platforms.
- Speed: The exchange process was relatively quick, completing within about 30-60 minutes.
I did explore other options like LocalMonero, but the process seemed slower and more reliant on finding a trustworthy individual trader. I preferred the automated nature of ChangeNOW.
The Exchange Process – Step-by-Step
- Wallet Preparation: I ensured I had secure wallets for both BTC and XMR. For BTC, I used a hardware wallet (Ledger Nano X). For XMR, I used the official Monero GUI wallet, which I had already set up and synced.
- Navigating ChangeNOW: I went to the ChangeNOW website and selected BTC to XMR as the exchange pair.
- Entering the BTC Address: I carefully entered my BTC receiving address from my Ledger Nano X. Double-checking this address is absolutely critical! A mistake here could mean losing your funds.
- Entering the XMR Address: I then entered my XMR receiving address from my Monero GUI wallet. Again, I verified this address multiple times.
- Confirming the Exchange: ChangeNOW showed me the estimated exchange rate and the amount of XMR I would receive. I confirmed the details.
- Sending the BTC: ChangeNOW provided me with a BTC address to send my Bitcoin to. I initiated the transaction from my Ledger Nano X.
- Waiting for Confirmation: I waited for the BTC transaction to be confirmed on the Bitcoin blockchain. This took about 20-30 minutes.
- Receiving the XMR: Once the BTC transaction was confirmed, ChangeNOW automatically sent the XMR to my Monero wallet. I received the funds within about 10 minutes.
Fees and Considerations
ChangeNOW charges a fee for their service, which is built into the exchange rate. I didn’t pay a separate, explicit fee. The fee was around 0.5% ─ 1% of the total transaction amount. It’s important to factor this into your calculations.
I also paid the standard Bitcoin network transaction fee to send the BTC. This fee varied depending on network congestion, but it was relatively low at the time of my transaction (around $2-5).
Privacy Considerations
While ChangeNOW doesn’t require KYC, it’s important to remember that Bitcoin transactions are still traceable on the blockchain. To enhance privacy, I used a CoinJoin service (Whirlpool) to mix my BTC before sending it to ChangeNOW. This obscured the origin of the funds.
Recent Trends & Observations
I’ve noticed a recent uptick in interest in Monero, possibly linked to reports of BTC exploits and subsequent fund laundering attempts. It seems some individuals are turning to Monero to obfuscate the source of illicit funds. I also read articles suggesting darknet markets are increasingly favoring BTC again due to liquidity issues with XMR, but I haven’t personally observed this impacting the exchange process.
Final Thoughts
Exchanging BTC to XMR can be a straightforward process, especially with platforms like ChangeNOW. However, it’s crucial to prioritize security, double-check addresses, and consider privacy implications. I, Amelia Hayes, am satisfied with my experience and the increased privacy that Monero provides. Remember to do your own research and understand the risks involved before making any cryptocurrency exchange.

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