Monero (XMR) cryptocurrency appeared as a result of Bytecoin fork on April 18th, 2014. The main feature of cryptocurrency is its complete anonymity of all participants in the process. The biggest part of the development team consists of anonymous employees. However, we know two of them, Riccardo Spagni and Francisco Cabañas.
Monero gained quite a wide popularity over five years of existence. Now Monero (XMR) is on the 13th place among all cryptocurrencies. Monero is a great long-term investment for both beginners and pros. Are you interested? Let’s find out how to buy Monero with other cryptocurrencies (e.g. BTC), credit card, or even PayPal!
Monero Brief Overview
As I have already mentioned, Monero cryptocurrency is all about anonymity. The system mixes transactions and hides user balances through randomly generated addresses to provide more safety. Thus, it is impossible to track a transaction in the Monero network.
|Curr. Supply||17,237,731 XMR|
|ROI since launch||2,141.29%|
Where to Buy Monero (XMR) Cryptocurrency
Here we will talk about the ways of purchasing XMR coins. First of all, you can buy Monero (XMR) via the cryptocurrency exchanges. There is a list of the most popular exchange and pairs available to buy both in crypto and fiat.
#1. Buy Monero via Crypto Exchange
It’s easy to purchase DOGE due to the significant amount of exchanges which listed the coin. You can buy XMR for cryptocurrencies (BTC, ETH, USDT), as well as for fiat currencies (USD, EUR). Monero’s daily trading volume is $71,017,360.
#2. Buy Monero with Credit Card
You can easily buy XMR coins with your credit card at Changelly! We provide the fastest receipt of funds in the account as well as a user-friendly interface. Here is the guide on how to buy Monero online instantly.
- Sign in or sign up in your Changelly account.
- Enter the amount of fiat currency and crypto. Proceed as in the example:
If you’re buying for fiat currency, you will be taken to the Indacoin verification page.
#3. Exchange Any Cryptocurrency to Monero (XMR)
At Changelly you can exchange any represented coin for XMR coins, starting with the most popular cryptocurrencies (BTC, ETH, LTC, BCH, etc.) and ending with poorly-known altcoins (CVC, DENT, FUN, etc.).
Here you can explore the list of supported coins.
Below you can see an example of how to buy Monero with Bitcoin.
#4. Buy Monero (XMR) with PayPal
You can’t buy Monero directly from PayPal. First of all, you need to purchase Bitcoins on any of the following services. They all accept PayPal payment:
After you purchase the coins, you can go back to the third point and exchange your BTC to XMR at Changelly.
Where to Store Monero Cryptocurrency
We have a big article about Best Monero Wallets, where you can find out all the technical things and exciting facts about storage. Here is our brief summary.
You can also use a desktop wallet. Monero team developed a Monero GUI wallet to store your XMR coins more securely. If you want to create a paper wallet, you can generate a key offline here.
Changelly is a secure instant crypto exchange that has 150+ cryptocurrencies available to be swapped and bought at market-best rates. Operating since 2015, the platform and its mobile application attract over a million visitors monthly, who all enjoy quick and simple exchanges, low transparent fees, and 24/7 live support.
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.