Your cryptocoins will be used to pay for your products or services. This part will cover a few different ones that can be used, and the correct paths for using them so that they can not be tied to your identity. When possible you should stick with Monero. Always at the very least convert your Bitcoin to Monero
Before we begin it is important that you remember EVERYTHING with bitcoin is public on the blockchain. If possible you should ALWAYS start with Monero. If you need to pay your vendor in Bitcoin, or for some reason you started with bitcoin, you can use the converting chapter to keep you safe.
Note: This also cannot be stressed enough. If you start with Bitcoin, or Monero NEVER send your coins directly from an exchange to a vendor or market!!
- 0.1 F.A.Q.
- 0.1.0.1 Is it really necessary to convert my coins to XMR? I don’t want to spend that much in fees.
- 0.1.0.2 If the price of bitcoin/monero increases/decreases, does that mean the listing on the DNM become more expensive/cheaper?
- 0.1.0.3 Do both wallets have to be online at the same time?
- 0.1.0.4 What is a satoshi?
- 1 Monero (XMR)
- 2 Bitcoin (BTC)
- 3 Converting
Is it really necessary to convert my coins to XMR? I don’t want to spend that much in fees.
YES IT IS NECESSARY! You wouldn’t pay a dealer in front of LE in person. Don’t do it here! Any other form of asking if you need to use XMR will be responded with the same. Yes it is necessary.
If the price of bitcoin/monero increases/decreases, does that mean the listing on the DNM become more expensive/cheaper?
Not at all. The price will still be the same. Say if a vendor has a listing for $20, and the price of bitcoin/monero drops, the item will still be $20, but the bitcoin/monero equivalent will change. the vendor will only loose money after someone has made a purchase and the price of bitcoin drops.
Do both wallets have to be online at the same time?
No, to make transactions it is not necessary to have both Bitcoin wallets (the sending and receiving one) to be online. The transaction will be processed automatically, just make sure you follow the tips in the following chapters.
What is a satoshi?
The satoshi is currently the smallest unit of the bitcoin currency recorded on the block chain. It is a one hundred millionth of a single bitcoin (0.00000001 BTC). More details here.
Monero (XMR) is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of miners operated by users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe. These coins are much more difficult to trace. This article talks about how Europol has admitted they cannot be traced.
Before you begin make sure you read through the FAQ to fully utilize monero!
Bitcoin is a cryptocurrency and a payment system. To get some basic information please take 5 minutes of your time and read the texts on these two sites:
Remember if you start with Bitcoin it can easily be traced back to your real identity. If you can’t buy Monero to start you 100% need to convert your coins.
Converting in an important step you should always use to help keep coins from coming back to your real identity. As stated before you should always try to stick with XMR when possible. However some vendors or services do not accept XMR, in the case you can safely convert back to bitcoin and be on your way. For some it is just easier to buy bitcoin from an exchange with your real identity. We can break the chain so that these coins are no longer linked to your identity.
In this guide we are going to talk about using Elude. A list of other Exchangers is below.
If this is your first time converting, or you are not very comfortable changing coins in terminal you should stick to using Elude. Elude is a darknet service that is very active on dread. If you have any issues or questions you can easily get in touch with them on their subdread
Here is a list of some other changers you can try out!
|Website||JS Required?||Hidden service?||Support||Notes|
|Godex||Yes*||No||[email protected]||*can be used without JS with godex.py|
|Elude||No||Yes||[email protected] or /u/Elude||not a caution: not a registered business|
|Kilos||No||Yes||[email protected], read this||XMR/BTC exchange. caution: not a registered business|
**Note:**If you previously used morphtoken (morphscript) they now block tor exit nodes, you should switch to a different service.
**Note2:**XMR.to has shut down their service.