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Need guidance buying Monero using Bitcoin on Bisq (lemmy.world)

submitted 1 year ago by [email protected] to c/[email protected]

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I have a bitcoin paper wallet I want to use to buy XMR. Is this possible without any intermediate crypto?

I only see that I can add an "Altcoin account" which does NOT include bitcoin. Weird ??? I know Bisq comes with an internal bitcoin wallet or something. Do I need to transfer my BTC to this internal wallet?

Also, when I go to the Buy tab, the only "Payment method" listed from sellers is "Altcoins" or "Altcoins Instant", so paying with bitcoin is out of the question ?? Or what am I missing ??

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[–] [email protected] 1 points 1 year ago

Yes, you will need to transfer the bitcoin to the bisq wallet in order to buy XMR. You will also have to add an altcoin account which will be your monero wallet that you want the funds to be sent to.