Cryptocurrency exchange hacks are growing everyday & it’s not safe anymore to keep your cryptocurrency in custodial exchanges. The best way to save crypto is cold storage or paper wallet and second best is wallets where you have access to private keys. But at some point, we might want to exchange between crypto. At this point, instant exchanges come into the picture.
Instant exchange is usually non-custodial exchange. Thus, the funds are always held by the user & not by the exchange. This eliminates the risk of hacking and money loss, making instant exchanges more reliable than traditional exchanges.
Now that you know instant exchanges are better compared to traditional exchanges, you might be wondering which exchange to choose. Not to worry, we have done the comparison of multiple instant exchanges so you don’t have to…
InstaEx is an non-custodial instant anonymous exchange that provides crypto swaps for over 150+ coins with fixed rate and no limits.
Here is the step by step guide for beginners on how to exchange Monero on InstaEx:
Step 1: Visit InstaEx to Exchange Monero
On the homepage, enter amount & select the coin you want to exchange Monero with. …