Electrum is a long-running desktop Bitcoin wallet that holds keys locally and sends to any address you paste into its Send tab. To convert that BTC to Monero, you send it from Electrum to a swap service's deposit address and receive XMR at an address you control — no Monero support inside Electrum itself is required.
TL;DR: Open Electrum's Send tab, paste the GhostSwap BTC deposit address, broadcast the transaction, and XMR arrives at the receiving address you supplied. No account, no email, no KYC.
A no-KYC swap converts one coin to another without an account or identity check. You provide a receiving address; funds pass through non-custodially and are never held by GhostSwap.
Why Electrum users swap to Monero
Electrum users tend to value control. The wallet runs on your machine, signs locally, and can connect through your own node or over Tor. Moving value into Monero (XMR) keeps that local-control posture on a chain with on-by-default transaction privacy.
The friction is that Electrum is Bitcoin-only. It will not hold or display XMR. So the conversion happens outside the wallet: Electrum sends BTC, a swap engine converts it, and the XMR lands in a separate Monero wallet such as Cake Wallet, Feather, or the official GUI.
GhostSwap fits this flow because it needs nothing from you except a Monero receiving address. There is no account to create and no email to confirm. Funds pass through non-custodially — GhostSwap never holds them.
Step-by-step: send BTC from Electrum, receive XMR
- Get your Monero receiving address — Open your XMR wallet and copy your primary receiving address. This is where the swapped XMR lands. Triple-check it; Monero addresses are long and an error means funds are unrecoverable.
- Open the swap form — Go to the BTC-to-XMR pair page, set the amount of BTC you want to send, and paste your XMR address into the receiving field.
- Add a BTC refund address — Copy a fresh receive address from Electrum's Receive tab and paste it as your refund address. If the swap can't complete, your BTC returns here.
- Copy the GhostSwap deposit address — The form generates a one-time Bitcoin deposit address. Copy it.
- Send from Electrum — In Electrum, open the Send tab, paste the deposit address into the Pay to field, enter the exact BTC amount shown, and pick a fee. Click Send and broadcast.
- Wait for confirmation — Once your BTC transaction confirms on-chain, the engine converts and dispatches XMR to your receiving address.
Electrum sends from native SegWit (bc1...) or Legacy (1...) addresses depending on your wallet type. Either works — the deposit address accepts standard BTC outputs, so you don't need to change Electrum's address format.
GhostSwap vs ChangeNOW vs MajesticBank for Electrum → XMR
All three accept a plain BTC send from Electrum. The differences are in the account model and pair coverage.
| Feature | GhostSwap | ChangeNOW | MajesticBank |
|---|---|---|---|
| Account / KYC for swap | None required | None for standard floating-rate swaps (ChangeNOW, retrieved 2026-06-04) | None required (MajesticBank, retrieved 2026-06-04) |
| Custody | Non-custodial pass-through | Non-custodial | Non-custodial |
| Supported pairs | 1,600+ | Several hundred (per their site, retrieved 2026-06-04) | Smaller curated set (per their site, retrieved 2026-06-04) |
| Rate type | Floating-rate | Floating + fixed | Floating + fixed |
| Accepts Electrum BTC output | Yes (SegWit + Legacy) | Yes | Yes |
GhostSwap uses floating-rate pricing from aggregated liquidity across leading crypto markets. Floating rate means the XMR amount is set when your BTC deposit is detected on-chain, not when you click — during normal conditions the difference is small, but you should know it exists.
Transaction times, minimum amounts, and address formats
Timing. Median swap completion is around 8 minutes, with most swaps finishing well inside 30 minutes. The variable is Bitcoin mempool congestion: your swap can't start converting until your Electrum transaction confirms, so pick an adequate fee if the mempool is busy.
Address formats. Electrum's bc1... (native SegWit) and 1... (Legacy) outputs are both accepted as the BTC input. Your XMR receiving address is a standard Monero address (starts with 4...). Use a fresh Electrum receive address for the refund field.
Amounts. The swap form shows the live floating-rate estimate and any minimum for the BTC-to-XMR route at the time you quote. Check the displayed minimum before you broadcast from Electrum so your deposit isn't below threshold.
How GhostSwap works without requiring an account or email
The account model is two fields: your XMR receiving address and a BTC refund address. There is no sign-up, no email, and no identity verification or KYC to swap. GhostSwap is not a registered financial service.
Funds pass through non-custodially. Your BTC moves from Electrum to the deposit address, the engine converts it against aggregated liquidity, and XMR is sent onward — GhostSwap never holds the funds in between. Coverage spans 1,600+ pairs across roughly 200 assets, so BTC-to-XMR is one of many supported routes.
FAQ
Q: How do I swap Bitcoin to Monero starting from Electrum?
A: Copy your XMR receiving address, open the BTC-to-XMR swap form, paste the address, copy the BTC deposit address it generates, then paste that into Electrum's Send tab and broadcast. XMR arrives after your BTC confirms.
Q: Does Electrum support Monero?
A: No. Electrum is a Bitcoin-only wallet. You send BTC from Electrum and receive XMR in a separate Monero wallet such as Cake Wallet, Feather, or the official Monero GUI.
Q: Do I need an account or KYC to swap from Electrum?
A: No. There is no account, no email, and no identity verification to swap. You supply a Monero receiving address and a Bitcoin refund address — nothing else.
Q: How long does a BTC-to-XMR swap take?
A: Median completion is about 8 minutes, with most swaps finishing inside 30 minutes. The main delay is Bitcoin confirmation time, so set a sufficient fee in Electrum when the mempool is congested.
Swap from Electrum
When your XMR address is ready, start on the BTC-to-XMR pair page or the homepage swap widget. Prefer to move Litecoin instead? See the LTC-to-XMR route.
