In this article, we will show you how to buy Monero easily. By the end of this article you would learn how to buy XMR with USD, BTC or ETH. Keep reading.
Table of Contents:
- What is Monero? Our review
- Current prices
- Where to buy XMR
- How to safely store XMR
- Frequently asked questions
Current Monero Price Stats
| XMR Price | $322.1400 USD |
| Price Change24h | $27.7694 USD (9.43%) |
| 24h Low / 24h High | $291.9048 / $337.0400 USD |
| Trading Volume24h | $541,932 USD |
| MarketCap | $5,761,423,360 USD |
What is Monero? A Review
Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain.Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.Monero is is private by default. Units of Monero cannot be blacklisted by vendors or exchanges due to their association in previous transactions.Blockchain data provided by: Blockchair (Main Source), LocalMonero (Backup), and WhatToMine (Block Time only)
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Where and How to Buy Monero (XMR) Coin
There are 3 steps to purchasing Monero. They are:
- Buy Bitcoin: Buying Bitcoin in 2021 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase XMR directly with USD. They are: Kraken, Bitfinex, Exmo, btse, EXRATES, .
- Move the Bitcoin to an Exchange that supports XMR: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the XMR/BTC trading pairs.
At the moment, XMR is currently available for purchase with Bitcoin at Binance, HuobiPro, OKEX, Exmo, HitBTC, Kucoin, DigiFinex, btse, bitcoincom, tokok, Nexchange, nominex, Kraken, Bitfinex, Binance, HuobiPro, Poloniex, OKEX, Exmo, HitBTC, Gateio, Kucoin, DigiFinex, btse, bitcoincom, EXRATES, dcoin, CoinEx, LAToken, Tokenomy, RightBTC, crex24, Graviex, tokok, Nexchange, BitSquare, bhex, nominex, . - Buy Monero on the Exchange: Now, you can buy Monero with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different XMR pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.
USD Exchanges
| Exchange | Trade Pair | Volume | Exchange Grade |
|---|---|---|---|
| Kraken | XMR/USD | $4,582,132 USD | AA |
| Bitfinex | XMR/USD | $1,816,672 USD | A |
| Exmo | XMR/USD | $98,306 USD | BB |
| btse | XMR/USD | $1,978,168 USD | B |
| EXRATES | XMR/USD | $92,300 USD | B |
Bitcoin Exchanges
| Exchange | Trade Pair | Volume | Exchange Grade |
|---|---|---|---|
| Kraken | XMR/BTC | 30.4964 BTC | AA |
| Bitfinex | XMR/BTC | 5.2481 BTC | A |
| Binance | XMR/BTC | 407.4057 BTC | A |
| HuobiPro | XMR/BTC | 15.2790 BTC | A |
| Poloniex | XMR/BTC | 21.1715 BTC | A |
| OKEX | XMR/BTC | 391.5263 BTC | BB |
| Exmo | XMR/BTC | 1.3366 BTC | BB |
| HitBTC | XMR/BTC | 271.4795 BTC | B |
| Gateio | XMR/BTC | 5.7270 BTC | B |
| Kucoin | XMR/BTC | 5.7034 BTC | B |
| DigiFinex | XMR/BTC | 276.0476 BTC | B |
| btse | XMR/BTC | 36.9266 BTC | B |
| bitcoincom | XMR/BTC | 271.4837 BTC | B |
| EXRATES | XMR/BTC | 1.9104 BTC | B |
| dcoin | XMR/BTC | 40.9596 BTC | B |
| CoinEx | XMR/BTC | 23.8003 BTC | C |
| LAToken | XMR/BTC | 20.8331 BTC | C |
| Tokenomy | XMR/BTC | 0.2957 BTC | C |
| RightBTC | XMR/BTC | 406.7193 BTC | C |
| crex24 | XMR/BTC | 0.0118 BTC | C |
| Graviex | XMR/BTC | 0.0002 BTC | C |
| tokok | XMR/BTC | 28.4862 BTC | D |
| Nexchange | XMR/BTC | 0.8641 BTC | E |
| BitSquare | XMR/BTC | 1.6107 BTC | - |
| bhex | XMR/BTC | 469.6937 BTC | - |
| nominex | XMR/BTC | 1.9720 BTC | - |
Eth Exchanges
| Exchange | Trade Pair | Volume | Exchange Grade |
|---|---|---|---|
| Binance | XMR/ETH | 628.4702 ETH | A |
| HuobiPro | XMR/ETH | 77.7891 ETH | A |
| OKEX | XMR/ETH | 207.6438 ETH | BB |
| Exmo | XMR/ETH | 18.9798 ETH | BB |
| HitBTC | XMR/ETH | 314.9181 ETH | B |
| Kucoin | XMR/ETH | 34.9344 ETH | B |
| DigiFinex | XMR/ETH | 492.5391 ETH | B |
| btse | XMR/ETH | 1084.1220 ETH | B |
| bitcoincom | XMR/ETH | 314.9182 ETH | B |
| tokok | XMR/ETH | 130.9337 ETH | D |
| Nexchange | XMR/ETH | 6.8721 ETH | E |
| nominex | XMR/ETH | 2.3416 ETH | - |
How to Safely Store Monero Crypto
Once you buy Monero, the next question you'd have is "where do I store my Moneros?". It is quiet easy to store your Monero tokens after purchase. In fact there are two easy methods of doing so:
- Cold storage: There is a saying in crypto that the only tokens you own are those on your hard drive. This is very true as lots of things could happen to coins stored on exchanges - e.g hacks. For this reason, cold storage is usually a good option.
Hardware wallet options like - The Ledger Nano S or Ledger Nano X and SecuX V20 could be a good place to store Monero. If Monero is an Ethereum based ERC-20 token, you can also store it in any ERC-20 compatible wallet such as MyEtherWallet (MEW) or MyCrypto. - Exchanges: Storing on Exchanges might be a good option if you don't plan on hodling Monero for the long-term and need to quickly trade it and make some gains. However, be careful as a downside of storing on exchanges is the susceptibility of exchanges to hacks.
Reported Issues
Frequently Asked Questions
| Question | Answer |
|---|---|
| Where can I buy XMR with Dollars (USD)? | You can buy Monero (XMR) with U.S Dollars on Kraken, Bitfinex, Exmo, btse, EXRATES, . |
| Where can I purchase XMR with my Bitcoin (BTC)? | As of today, you can buy Monero with Bitcoin on any of the following exchanges: Kraken, Bitfinex, Binance, HuobiPro, Poloniex, OKEX, Exmo, HitBTC, Gateio, Kucoin, DigiFinex, btse, bitcoincom, EXRATES, dcoin, CoinEx, LAToken, Tokenomy, RightBTC, crex24, Graviex, tokok, Nexchange, BitSquare, bhex, nominex, . |
| I have Ethereum. Where can I buy XMR with ETH? | Monero is available for purchase using ETH on these Crypto exchanges: Binance, HuobiPro, OKEX, Exmo, HitBTC, Kucoin, DigiFinex, btse, bitcoincom, tokok, Nexchange, nominex, . |
| How much is Monero? | Right now, the price of XMR is $322.1400. |
| Is Monero Crypto a good Investment in 2021? | Our analysis shows a possible all time high of $597.4142. So yes. XMR is a good investment. |
