Evonax is the one thing missing from the crypto currency world - easy, fast and secure exchanges Litecoin to Monero and other popular crypto currencies.
The crypto coin industry consists of more than 300 different currencies, each with little variations in transaction fees, block times, mining rewards and so on. This makes it very difficult for users to figure out how much is "lost" in transaction fees. We want to make the exchange from LTC to XMR as easy and simple for you as possible. To do that we got rid off all transaction fees and simply included them in the exchange rate. That way, the amount you see above is actually the amount you will receive - at the current exchange rate, which can change rapidly at times - not much we can do about that.
So you want a fast and secure way to exchange some Litecoin to Monero? Then you probably don't want to spend unnecessary time filling out registrations forms, right? Neither do we, so we simply left that part out. Just tell us What currency you have, what currency you want and the wallet you would like the coins sent to. That's it!
Well, we just established that we don't need a whole lot of information about you in order to exhcange your coins. So why would we ask you for it? Crypto currencies such as Litecoin and Monero are all about anonymity so in the spirit of anonymity no personal information is needed to exchange your Litecoins. If you'd like to receive an e-mail confirmation of the exchange once it is completed, feel free to leave your e-mail address - but it's entirely up to you.
Well, instant may be a big word. For security reasons we will wait until your transfer is securely confirmed by the network, which is the industry standard for a irreversible transaction. The average time it will take to get the confirmations will vary depending on the currency. The Litecoin network operates with a average block time of 2,5 minutes, which means that on average it will take up to 8 minutes to get the required confirmations, and the transaction is considered final and irreversible. Once the confirmations are completed the Litecoin will been exchanged and we will send the exchanged Monero to the wallet you provide. Our system is designed to keep you informed every step of the way. We will let you know when the coins have been received and how many confirmations the transaction has.
Happy LTC to XMR exchanges!
- The Evonax team
Litecoin was one of the first crypto currency on the markedet. Litecoin was created in 2011. Monero was introduced in 2014. Litecoin had a mission to be a serious method of secure payment. Moneo was all about privatecy and to be a anonymously currency. Litecoin has a average block time of 2,5 minutes and Moneo has an average of only 2 minutes. As a result they are very different, despite being based on the same crypto currency idea. Nevertheless, Litecoin has one of the largest volumes of all crypto currencies, both in trading and mining, which is why we have chosen to support exchanges to and from Monero and our other currencies here on Evonax.com