The NEM cryptocurrency is one of the pioneers of blockchain asset tokenization. Released in 2015, it was one of the first that provided developers with a solution to create proprietary tokens.
While the project is continuously in development, some competitors like Ethereum have been much more successful. The XEM price action doesn’t present the best opportunity right now, which might push you to exchange your XEM tokens for a more profitable venture like Bitcoin.
In this article, we will explore the reasons why you should use an anonymous Godex exchange to complete this transaction. We will provide some of its pros as well as a guide on how to achieve this. Finally, we analyze some price forecasts for XEM that will allow you to assess the best time for exchanging XEM for BTC.
Why Is Godex the Best Option?
Anonymity is an undervalued concept in the crypto ecosystem. Many mistakenly consider Bitcoin and similar cryptocurrencies anonymous because the wallet address isn’t attached to your identity.
However, using a centralized crypto exchange most often requires a lengthy and invasive KYC procedure where you need to provide all your private data. While it’s questionable whether you can trust the exchange with this information, the issue lies elsewhere.
Cryptocurrency exchanges are frequently under attack, and data breaches are a common occurrence in this ecosystem. In case of such an event, all transaction data between the exchange and your wallet can become public. What’s worse, hackers and criminals will be able to link this financial data to your person, which can endanger you and your family.
Consequently, opting for an anonymous crypto exchange like Godex for your XEM to BTC swap can add another layer of security to your funds. Godex provides additional benefits to its users, including:
- Transactions that don’t require any type of registration.
- Streamlined and user-friendly interface.
- More than 300 cryptocurrencies.
- Fixed rates that shield you from market volatility.
- Unlimited daily exchange volume.
So, if you are looking for an anonymous, reliable exchange that will allow you to directly swap XEM to BTC, look no further than Godex.
How to Swap XEM to BTC on Godex
The process of swapping cryptocurrencies on the Godex exchange is extremely simple. You do not need to register or even provide an email address. Here’s an overview of the workflow of a XEM to BTC transaction:
- Visit the Godex exchange and choose XEM as your sending currency and BTC as your receiving currency.
- Provide the amount you wish to exchange.
- Paste your BTC wallet address where you want the exchange to send your tokens.
- Send the required amount of XEM to the exchange.
And that’s how you swap tokens on Godex. Pretty simple, and the entire process shouldn’t take you more than 5 minutes to complete.
Is It Profitable to Exchange XEM to BTC Now?
XEM has definitely seen better days regarding price action. The token is trading at a 95% loss since its 2021 heights. However, let’s see what experts think about its future price action before we jump to any conclusions.
XEM Price Prediction
Digitalcoinprice.com doesn’t provide staggering growth numbers for XEM. While the website expects the price to rise, the increase would be minimal compared to other cryptos like BTC. For 2025, the forecast equates to $0.0935 per token, whereas for 2030, we should expect around $0.21 per token.
Priceprediction.net is a bit more optimistic and provides higher prices for XEM. The website predicts a price of $0.20 for 2025 and $1.20 for 2030. Even so, this predicted growth is much lower than what experts expect from Bitcoin. This means that exchanging XEM for BTC could be a very profitable venture in the mid and long term.
Anonymous Crypto Exchange Is Available for You Now
Exchanging cryptocurrencies anonymously provides countless benefits for the user. While transparency can be an advantage, this doesn’t always ring true regarding personal finances. Criminals can easily detect that you are holding large amounts of crypto which can, in turn, put your person in danger.
An anonymous exchange like Godex solves this issue by never requiring any private information from the user. Even in the case of a hack, the malicious actors would only be able to access the transaction data, which is already available on the blockchain. Thanks to anonymity, they would never be able to link your funds to your identity, making your holding inherently safer.