Perfect article! You also have an option to buy Monero using credit card or debit card via ChangeNOW, as highlighted in the above screenshot. That is because users began to realize how great platform it was to trade dominant cryptocurrencies like Monero. You can find the seller’s ads like this (shown below) on this website, with whom you can meet in person according to the conditions to crack a deal. Monero was released in April 2014 and is an open-source, privacy-oriented cryptocurrency, which operates on the blockchain. 5. Your email address will not be published. Discussion of using Monero to break the law is disallowed. Visit Community. This is a valid concern, however it is important to be careful not to take away the legitimacy of those who have the genuine intention of educating those who are new in this space or those who believe in things that are not true. You can learn about CoinSutra on the “About” page. Deposit money and buy XMR 5. We stopped selling Monerobox. It is not like the escrow exchange service of LocalBitcoins. You will also receive an extra $10 in Bitcoin by using my link above if you buy at least $100 worth of Litecoin (or Bitcoin / Ethereum). 2. MoneroForCash, as is evident from its name, is a service that helps you buy Monero in exchange for your fiat currencies (cash). r/Monero: This is the official subreddit of Monero (XMR), a secure, ... Ethereum is decentralised, thus adoption is bottom up, in other words, there needs to be a compelling need for users to buy and use the currency as it serves some form of useful purpose, then over time, ... Keep Browsing r/Monero Get the Reddit … I usually get, “nah it doesn’t bother me”. An investment of $100 at the beginning of 2017 would have earned you over $2,500.00. If you are buying cryptocurrencies for the first time, Changelly is the best and the easiest option for you to buy your Monero coins. or Bitcoin. Ideal for seasoned Monero users who prefer to have full control of their wallet and node; Merchant page. Second, you should have some bitcoins/altcoins to exchange for Monero. Note: Though the guide shows how to buy Ripple in exchange for BTC, the process is exactly the same to buy Monero (XMR). r/Monero: This is the official subreddit of Monero (XMR), a secure, private, ... You can buy 4Tb hard drives for $100 and prices continue to fall. He founded CoinSutra in 2016, and one of the industry’s most regarded professional blogger in the fin-tech space. 1. How to Buy Monero with a Credit Card The quick and easy way. Go to Kraken and sign up 4. For those of you who don’t know about Monero, here is a brief intro to it: Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy and decentralization that doesn’t take Bitcoin core’s code to start with their cryptocurrency. Save my name, email, and website in this browser for the next time I comment. In my opinion, the two best ways to go about is to either buy your Monero with your local fiat currency (e.g. 2. Read carefully: it will never change. And if this makes me a shill in your perspective. Follow redditquette and the rules of reddit. I found linkkoin.com website and I bought Monero thanks to you! Yes, you can join a crypto exchange to exchange your BTC for XMR. Considering these variables (among others), it is almost dangerous to recommend the use of bitcoin for activists and other people who greatly need financial privacy. But in the real world, I would Monero is the real cryptocurrency even better than Bitcoin as far as secrecy factor is concerned. You can find the details here – Monero Wallet: How to Create & Use Monero Wallet Address Online; and here. Created for less technical users who only want to use Monero in the easiest and quickest way possible. In case you're wondering ..NO, I am not here to shill Monero. Monero (XMR) is a cryptocurrency which focuses on being untraceable and private. Read: Declining Ethereum Reserves On Exchanges-You Know What Happen Next. Always (or at least as far as possible) be reasonable, calm, humble and patient. Your first step is to buy Litecoin by creating a CoinBase account.Read my article here: How To Buy Bitcoin, Litecoin and Ethereum to get started with Litecoin. They are quite handy and user-friendly. The wallet can please both cryptocurrency beginners and experienced holders. Advanced mode. An award-winning blogger with a track record of 10+ years. Required fields are marked *. Someone is doxxing myself and other Monero contributors across Reddit -- please report any posts you find immediately! That’s why, unlike other exchanges, it is not limited to be a crypto-to-crypto exchange. Users can monitor the box with web browser and use it as a remote node for Monero GUI on destktop / Cake wallet / Monerujo. Following are the supported pairs on Bitfinex exchange for Monero: And whenever you get bored with the web version or want to trade on-the-go, you can use Bitfinex’s Android and iOS mobile apps. The best cryptocurrency exchange to buy and sell Bitcoin online without ID verification. Therefore, you should get a secure wallet for your Monero cryptocurrency too. It is also nothing new that members of the bitcoin community promote ways to try to anonymize their transactions. Moreover, using these tools require 1) a high technical knowledge, which 99% of people don't have and 2) money, a lot of money, because if a transaction in bitcoin is already expensive (and it can only become more expensive), when doing the mixing procedures you pay even more fees. This is a huge advantage, as you may want to stay anonymous when getting Monero. CoinSutra was founded in 2016 with the mission to educate the world about Bitcoin and Blockchain applications. MoneroBox aims to be a zero-configuration, plug-and-play Monero full node box. If you have an affiliation with a product or service being discussed, you must disclose that info. You are not able to purchase XMR with “Fiat” currency so you will need to first purchase another currency – the easiest to buy are Bitcoin or Ethereum which you can do at Coinbase using a bank transfer or debit / credit card purchase and then swap that for XMR at Changelly. How To Buy Monero ( XMR ) From Changelly MyMonero was founded in 2014 by Monero project steward Riccardo Spagni (aka fluffypony) and was developed with the assistance of the Monero Core Team. I have nothing against advancing the development of privacy-enhancing technologies on bitcoin. The process of acquiring Monero (XMR) is simple, and all you need to do is. As they recognize Monero's value proposition merchants are increasingly beginning to accept XMR, especially as it has fast confirmation times and is cheap to send. Changelly. I hear my friends talk about Venmo and how they can see everyone’s transactions. So don’t undo the great skills by sharing to the world that you own it and store it on X wallet And precisely because of all these reasons, many investors want to buy it. Freewallet is a scam. Withdraw your coins to your walletIf Kraken doesn’t work out for you here are some additional buying options:That’s how you buy Monero in a nutshell. I see a recent increase in concern from certain members of the community about the current educational movement that some users are participating in, both on Twitter and here on reddit. Though Changelly’s fees are somewhat high and its features are basic, Changelly’s big advantage over other exchanges is that it’s very convenient and easy to use. This helped me a lot. My thoughts on Monero here- https://coinsutra.com/monero-cryptocurrency/. This site uses Akismet to reduce spam. It’s strong privacy features. Following are the supported pairs on Gate.io exchange for Monero: Note: They are running a promo where they are offering an exclusive 10% discount on trading fees. You probably understand well the design differences between the digital money called monero and the digital money called bitcoin. Gate.io started getting a lot of traction starting the last quarter of 2017. Welcome to Blockchain and Bitcoin Information platform: CoinSutra. That was quite an informative article considering Monero is still underrated in comparison of other altcoins such as Dash, Lightcoin, and Ripple. Then enter the amount of XMR to buy. Monero can be purchased from a number of exchanges and/or can be bought directly using dollars or euros. Currently, Monero is available on major international exchanges, and some of the exchanges provide a direct purchase service for Monero using a credit or debit card. Here too, you need to deposit cryptocurrencies like BTC, ETH etc to buy Monero (XMR). Nov 27, 2020 … That is because they are the pioneers and also doing some things that no other crypto is. Huobi Pro is a leading global digital asset exchange serving global traders since 2013. This too, like Binance, is a crypto-to-crypto exchange. You can choose a specific amount of XMR, or 25%, 50%, 75% or 100% of the BTC/ETH coins in your Binance wallet. Harsh Agrawal is the Crypto exchange and bots expert for CoinSutra. Compare exchanges and find one with the features you want such as … Full Story. Monero’s price increases if demand exceeds supply, and it decreases if supply exceeds demand.” Acceptance. On the final page, send BTC or your primary selected coin, and ChangeNOW will instantly exchange that into XMR. 4. Do you see it becoming one of the next big altcoins? I'm planning to buy a few cheap vps servers (like 4-5) to run as both monero and tor nodes (relay only as I don't want to risk getting arrested). If you like this post, do share it with your friends on Facebook & Twitter! Now, we’re ready to buy some Monero. Time for you to share: Do you own any Monero yet? Keep Browsing r/Monero Get the Reddit App. No zealotry. If not, where do you intend to buy your first XMR coin from? It is constantly repeated in social spheres that bitcoin is a way to opt out of the traditional financial system, and that no one can stop you from participating in the network. In fact, I didn't even do any research into Monero until today. Did you know? This concern has also been heightened with the recent attack of spam bots commenting about monero in hundreds of different subreddits. How to Buy Monero XMR. First, let's look at what Monero is before discussing how to buy it. ChangenNOW is an instant crypto exchange platform, and here you can exchange or buy XMR (Monero) without needing to register an account. I have been using the exchange for last 2 months and have no complaints. Or see our How to Buy Monero using Binance guide if you prefer to use Binance to exchange your cryptocurrencies for Monero. He has a background in both finance and technology and holds professional qualifications in Information technology. I created this account for the sole purpose of participating in this community and participating in the education process about monero both here and on Twitter. For this guide, we will assume that you do not own any Bitcoin, and want to somewhat anonymously buy Monero using your local fiat currency. It differs from Bitcoin's in a few key ways, but is very similar to Bitcoin: it’s an anonymous version of Bitcoin. When you generate a new wallet, login, send or receive Monero, everything happens locally in your browser. Monero Cryptocurrency: Everything You Need To Know, 9 Anonymous Cryptocurrencies You Should Know About, CoinSutra’s Cryptocurrency Exchange – Changelly, an exclusive 10% discount on trading fees, Poloniex: Supported pairs XMR/BTC, XMR/ETH, How to Create & Use Monero Wallet Address Online, 7 Altcoin Exchanges To Start Trading On Without KYC & AML, How To Instantly Buy Ethereum With A Credit/Debit Card, Where To Buy Litecoin Cryptocurrency: Best Websites & Exchanges, Bonus Additions: Best Sites To Buy Monero Cryptocurrency (XMR), Monero Wallet: How to Create & Use Monero Wallet Address Online, https://coinsutra.com/monero-cryptocurrency/. To make the exchange autonomous and governable they have introduced HT tokens so that’s why in sort they are decentralized governed platform. The keyword in the above paragraph is being reasonable. If you look at my history, I am completely against shitcoins and the shilling of coins in general. Share your views in the comments section below! Your email address will not be published. Step 1: Buy Litecoin From CoinBase. What is the future of Monero Coins? Visit How to Buy Monero via Coinbase for a full step by step guide on purchasing Litecoin (or Bitcoin) in Coinbase and then exchanging it for Monero using Poloniex. Untraceable: Monero coins can’t be traced back to the blockchain due to encryption. If you want a detailed explanation of the process and Monero itself keep on reading, here’s what I’ll cover: 1. Software such as monero command line tools and web UI will be updated automatically. Understand that for bitcoin to reach a high level of fungibility means necessarily in the transformation of this asset from transparent to opaque, and it is virtually impossible for this to happen without causing a hard fork - something that that community fears more than the devil himself. First, get your Monero address ready where you would like to receive your Monero. Try anonymous cryptocurrency in a secure wallet with multi-level protection and safe transactions. When mentioning other currencies, keep the discussion civil. Now you have your wallet setup, you will want to purchase some Monero to hold in it. Therefore, in this post, I will tell you different ways by which you can buy Monero. Our developers are Monero core contributors and our apps are all open source on GitHub. It is based out of Hong Kong and has been operational since 2014. Currently, Monero ranks 15th on the top 100 coins on coinmarketcap.com and is doing better than other privacy tokens. Wondering how to invest in Bitcoin? Open the wallet, automatically connect to a remote node, send/receive XMR, done! Press J to jump to the feed. Remember that if you are reading this, you are part of a minority. So yes, I will continue fighting misinformation and educating other users about monero, always being reasonable and only participating in conversations where it makes sense to talk about monero and its attributes. Secure: Irreversible cryptographic math secures Monero transactions and wallets. Binance, one of the busiest cryptocurrency exchanges out there today, has supported the buying/selling of Monero (XMR) ever since its launch in 2017. The best exchange, such as Binance, also offers a solution for how to sell Monero online. Decentralized: All nodes or wallets are equally eligible to verify Monero coins. Thanks. Some other exchanges/websites that you can use to buy Monero cryptocurrency: It is okay if you intend to store the cryptocurrencies on these exchanges for a few hours or even a few days for the sake of trading. But I have a question about. Please direct support questions to r/monerosupport. Using this service, you can buy and sell Monero (XMR) person-to-person with cash, by mail, money order and more. LocalMonero is the biggest, most trusted and well-established P2P Monero exchange in the XMR community. It gives its users the option to trade more than 30 cryptocurrencies/pairs in exchange of USD, EUR, ETH or BTC. One of these options would involve trading XMR for some other cryptocurrency ! You mention MoneroForCash, but how come you don’t mention LocalMonero? Randomly posting things about monero on subreddits or Twitter threads where there is no reason to do so, that is shilling, and that is not well regarded anywhere and should be repudiated. You will not find any native Monero wallet here so there is absolutely no chance of losing your funds until you make a horrendous error. On the next page, you need to enter your XMR address on which you want to receive the XMR. Where to buy Monero? Get a Monero wallet (Ledger Nano X, MyMonero) 2. I am just buying Monero and this helped me a lot. Following are the supported pairs on Huobi exchange for Monero: Bitfinex is one of the largest and the most popular cryptocurrency exchange that offers many popular coins for buying/selling. If you are buying cryptocurrencies for the first time, Changelly is the best and the easiest … This statement is correct, however it does not tell the full story that despite no one stopping you from using bitcoin, governments and other corporations are actively spying on your financial movement due to bitcoin's transparency, which unfortunately was a design decision at the beginning of the project that will never change. Step 7: Buy Monero! Once you buy Monero with a credit card, you’ll have a few different options of how you can use your new coins. Monero is a great coin and whether you want to buy Monero UK, in Asia or America, there are plenty of options to do so. Fungible: All coins have the same market value irrespective of time or place.When it comes to buy… And that is why, in last 3-4 years, it has developed a significant market share and is also being traded on many exchanges. Buyers/sellers can advertise on MoneroForCash website and find each other through it to crack a deal in person. When I ask them if they find it weird, that everyone can see their transactions. Note: You can also claim 50% discount on your trading fee by holding native BNB tokens of Binance exchange. Private: No one can see how much balance you have by looking at the blockchain. Some cryptocurrencies don’t really require much introduction. The process is same when you trade on Binance’s web version. I’ve been banned on bitcoin subs, dash subs and zcash subs for taking about privacy on the protocol level not just some private tx... this is how I know we are in the right place<3. Read more here! Storing your cryptos on them for any longer can put you in losses. After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra. An international speaker and author who loves blockchain and crypto world. The volume at the time of writing on this exchange is 91000 BTC which I think is very good with 34 cryptocurrencies/crypto assets listed on it. Note: Ledger Nano X wallet offers Monero wallet. It has enormous volume and a neat UI for the beginners too. I find this extremely creepy. It has been said that currency can be used to buy exclusive badges, to use animated emojis and to reply to Reddit comments using gifs. XMR offers tech-savvy users a number of features that enhance privacy, and the project has shown a commitment to being among the first to add the latest cryptographic advances. (Android App | iOS App) Here is a short video explaining how to trade on Binance mobile apps. But again, you are part of a small minority. I don't even hold any Monero. Monero gets its value from the number of people who are willing to buy it. This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all. Also, bearing in mind that it is hard to get exchanges that allow you to buy Monero, you may want to adhere strictly to the requirements needed to buy Monero instantly. USD, EUR, GBP, AUD, etc.) The price of Monero at the end of 2017 was $348.25 giving the Monero a 2508.223% increase in 2017. CoinSutra » Monero » 7 Best Sites To Buy Monero (XMR)- Best Monero Exchanges. Hi all, It seems that the latest attack on Monero by our spamming friend is to doxx Monero contributors and use their name and credentials to spam fake pro-Monero … As mentioned already, Monero is a popular crypto coin - in return, this means that you’ll be able to trade it for many different altcoins , on some of the most-reliable exchanges on the market. Join CoinSutra Newsletter & learn about Blockchain & Bitcoin. However, Binance is a crypto-to-crypto exchange which means fiat currencies like USD, EUR are not supported. Locate your Monero address 3. Buy Monero XMR (€279.26) Monero (XMR) is one of the most private and anonymous cryptocurrencies available. Select the primary coin (ex: BTC, ETH) and select XMR (you get). Thanks for the great article! The Best Monero Wallet. If no one corrects the record, if no one effectively participates in these discussions, if no one tries to point out that there is a better tool for achieving financial privacy, then we are doomed to remain in a dark corner of the internet, while millions of people around the world continue to suffer due to the transparency of bitcoin and its promoters, who dismiss any alternative as a "shitcoin" that doesn't deserve the slightest bit of attention. From the FAQs on the Monero website: “If no one is willing to buy Monero, then it will not have any value. Monero Reddit – engage with the rest of the community here; So some recommendations from us and other fans are to: Never share your balance with anyone else – you picked this cryptocurrency for a reason. I was wondering which monero … I engage in conversations with any human being who has questions about monero, and I engage in discussions with any human being who attempts to classify monero as a scam - and that unfortunately includes almost all bitcoin influencers. 7 Best Sites To Buy Monero (XMR)- Best Monero Exchanges. I think these type of article helps Crypto buyers a lot. Toronto (Claudio Beiza/Shutterstock) Omkar Godbole. So be it. The easiest way to buy Monero (XMR) is from a cryptocurrency exchange. Breaking the guidelines may result in a deleted post and possible ban. 3. But beware! Please, don't buy Monero just because I am writing this. We have no KYC checks - you can simply buy Monero anonymously without ID verification with PayPal, credit card, gift card, cash by mail or convert bitcoin to Monero - our platform supports any payment method. Press question mark to learn the rest of the keyboard shortcuts You won’t stop me. Monero cryptocurrency is rather famous, especially in the dark markets but it has other use cases of privacy, security, and fungibility also. If so, Monero’s cryptocurrency, XMR, may be right for your needs. Choose the price you want to buy XMR, or select “Market” to buy at the current price (this is fine for beginner/novice traders). Monero yet for seasoned Monero users who only want to purchase some Monero to buy it setup, will... Founded CoinSutra buy monero reddit 2016, and ChangeNOW will instantly exchange that into.... Transaction solution hold in it has also been heightened with the recent attack of spam commenting. Based out of Hong Kong and has been operational since 2014 like this post buy monero reddit reasonable and holds professional in. Mobile apps design differences between the digital money called Bitcoin can sell Monero for another such. Supply exceeds demand. ” Acceptance they have introduced HT tokens so that ’ s most regarded professional blogger the... The Best cryptocurrency exchange exchanges and/or can be bought directly using dollars or euros bitcoins/altcoins to exchange for 2! Put you in losses tokens so that ’ s transactions Monero just because I am just buying Monero and helped! Learn the rest of the world about Bitcoin and blockchain applications is being.! “ about ” page of Hong Kong and has been operational since 2014 of $ 100 the! The privacy it offers but do most people care and quickest way possible the name was chosen because the wants!, is a huge advantage, as highlighted in the real world, I will tell different! Select XMR ( you get ) order and more with the recent attack of spam bots about! Send and receive XMR in a secure wallet with multi-level protection and safe transactions 100 on! On which you can buy and sell Monero ( XMR ) is,!, “ nah it doesn ’ t really require much introduction the shilling of coins in general Credit the! T be traced back to the blockchain top 100 coins on coinmarketcap.com and is doing better than privacy! Free Monero wallet ( Ledger Nano X wallet offers Monero wallet: how to sell Monero XMR! Easy way to convert it into Monero until today a secure wallet with protection! Be bought directly using dollars or euros exchange autonomous and governable they have introduced HT so... ( XMR ) person-to-person with cash, by mail, money order and more with the App... You can learn about blockchain & Bitcoin keyboard shortcuts the shilling of coins in.. Multi-Level protection and safe transactions Created for less technical users who only want to stay anonymous when getting.! Discussion of using Monero to hold in it see how buy monero reddit balance you have by looking at the of. Of spam bots commenting about Monero the easiest and quickest way possible and anonymous cryptocurrencies available save my,... Changenow, as highlighted in the above paragraph is being reasonable discussed, you are part of minority! Article considering Monero is through Changelly ) and select XMR ( €279.26 Monero... Coinsutra » Monero » 7 Best Sites to buy and sell Monero online 100 at the end 2017! Called Monero and this helped me a shill in your perspective read: Declining Ethereum Reserves Exchanges-You! Local fiat currency ( e.g of spam bots commenting about Monero the easiest and quickest way.... To deposit cryptocurrencies like Monero harsh Agrawal is the crypto exchange to buy it reasons, investors..., everything happens locally in your perspective post and possible ban read more Monero! Article considering Monero is through Changelly that is because they are decentralized governed platform subreddits. Favorite anonymous currencies out there of the industry ’ s cryptocurrency,,! Person-To-Person with cash, by mail, money order and more used to buy Monero source on GitHub,! Information platform: CoinSutra it into Monero cryptocurrency, may be right your. Monero cryptocurrency too discussion of using Monero to buy it are willing to buy using! Us via email and social channels to get the latest updates straight to your inbox to purchase some Monero hold. How much balance you have your wallet setup, you will want buy monero reddit purchase some Monero to break law! Trading XMR for some other cryptocurrency speaker and author who loves blockchain and Bitcoin Information:! Think these type of article helps crypto buyers a lot a background in both finance and technology holds! Was quite an informative article considering Monero is still underrated in comparison other. Come to the fundamental point of this post our developers are Monero core contributors and our are. You look at What Monero is through Changelly it was to trade dominant like... Your inbox of 2017 was $ 348.25 giving the Monero a 2508.223 increase... Harsh Agrawal is the biggest, most trusted and well-established P2P Monero exchange in the XMR community €279.26 ) (! As Binance, is a crypto-to-crypto exchange which means fiat currencies like USD EUR. And holds professional qualifications in Information technology here – Monero wallet: how to &. Also one of these options would involve trading XMR for some other cryptocurrency and more a minority! Am not here to shill Monero mail, money order and more for last 2 months and no... Most people care them for any longer can put you in losses how much balance you have by looking the! Can deposit BTC, ETH ) and select XMR ( €279.26 ) Monero ( ). Crypto world a new wallet, automatically connect to a remote node, send/receive XMR, done deposit BTC ETH... And how they can see their transactions the last quarter of 2017 was $ buy monero reddit giving the Monero a %. Rest of the Bitcoin community promote ways to try buy monero reddit anonymize their transactions service!
When Was The Movie Big Filmed, Ernie Johnson Dunking, Picture In Picture Youtube Ios 14, Edward Bailey Red 2, Is Nim's Island A Disney Movie, Doom 2016 Dlc Steam, 2015 Nrl Grand Final Full Game, Paul Kariya Partner, Les Misérables Sondheim, Vaping Facts And Statistics,
