How to buy Monero? XMR

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Earn 82.07% APY Monero with Arbitrage Trading Bots
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XMR($160.792869 0.68%)

Keep confusing how to buy Monero? Can't find where to buy Monero with the lowest fee? Through this complete guide, you’ll discover how to buy Monero with your funds and useful strategies to earn more XMR using trading bots.

  • Create a free Pionex account on website or App

    1. Register a Pionex account on website or download the App. 2. Pass the KYC verification. 3. Choose your prefer way to buy XMR ⬇️

  • 4 Different ways to buy XMR on Pionex

    Pionex offers the fatest and cheapest rate to buy Monero, including credit card, debit card, bank wire, and ACH transfer. Some of these method are specifically for US citizens. You can choose the best way to buy Monero on Pionex in your country.

    • A. Buy XMR with credit card or debit card

      You can buy Monero by credit card or Apple pay instantly. If you’re a US citizen, you can use debit card to buy Monero on Pionex instead. 1. After signing up a Pionex account, go to the “Buy Crypto with Credit Card” page. 2. Pionex now partnered with the top 3 licensed financial institution that provides a wide range of payment methods. Choose the best rate out of those options. 3. Enter the amount of Monero you want to buy. 4. Input your credit card info and finish the order. 5. You’ll receive your Monero instantly after the transaction verified.

      Use debit card to buy XMR (instant. For US citizen)
    • B. Buy XMR with Bank wire and ACH (US citizen only)

      If you’re in the US, you can either use bank wire or ACH transfer to buy Monero. With ACH, you can buy Monero without any transaction fees. Here’s how you can buy Monero with ACH: 1. After signing up a Pionex account, go to “USD Deposit” page. 2. Submit your bank account info under the ACH tranfer section. 3. Use your US bank and tranfer your money to the account that shows on the ACH transfer page on Pionex. 4. You’ll receive USD instantly and buy Monero with your USD on Pionex.

      Bank wire from the US bank

  • How to sell XMR on Pionex?

    Pionex offers up to 500 different trading pairs for you to manage your coins. You can sell your XMR coin to other coins or to US dollars on Pionex.

    • A. Sell XMR to other coins

      Pionex allows you to sell XMR to other coins with swap or manual trade feature. The benefit to sell XMR on Pionex is the extremely fee, which as low as 0.05%. (industrial average is 0.26%)

    • B. Sell XMR to US dollars (US citizen)

      You can sell XMR on Pionex to US dollar and send the money back to your US bank.

More info about XMR

Monero (XMR) is a Proof-of-Work cryptocurrency, which started in 2014. Its focus is on privacy, security, and untraceability. It relies on private and censorship-resistant transactions and aims to provide “fast, inexpensive payments to and from anywhere in the world”. Through the use of ring signature cryptography and other features like stealth addresses, Monero aims to make transactions both private and anonymous, hence solving some of the issues of large PoW cryptocurrencies like Bitcoin, such as lack of fungibility and transaction traceability .

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How to buy other coins

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More questions on buying Monero?

Where can I buy Monero without KYC or verification?

Although most exchanges ask users to complete KYC before trading, several exchanges still let you buy XMR without doing KYC. Exchanges like ShapeShift and LocalBitcoins provide non-KYC services and you could choose as your choice to trade on invest on these platforms. However, completing KYC can make your account more secure, it is still suggested to complete KYC for your account's safety.

What is the difference between mining and buying Monero?

XMR supports a mining process to get rewarded for its activities. You could mine XMR by joining mining pools, or mining coins individually. XMR mining can be performed on PC computer and does not need any specific hardware to support it. Also, the mining process relies on proof-of-work mining. It is totally different from buying XMR. If you are going to buy XMR, you only have to register an account for exchange and you could deposit funds into it and then buy XMR.

Is it time to buy Monero instead of Bitcoin?

It is never too late to buy XMR because the crypto industry is always vied to have a promising future. We have seen the potential of XMR since it was founded, and various experts believed that XMR does have benefits and opportunities to outstanding from others. However, if you aren't sure about what the XMR price will end up with, you could buy BTC as an alternative because of its dominance and leading indicator in the cryptocurrency industry.

How can I buy Monero with PayPal?

Most of the cryptocurrency exchanges don't accept invsetors to buy XMR with Paypal directly. But most of them accept direct bank transfer or credit/debit card, you could easily deposit with these payment methods.

Does buying Monero on an exchange make it traceable?

When trading or using cryptocurrencies like Bitcoin, you could easily search and find out if the transactions are verified and confirmed on a public blockchain. Your identity could be traced with via the information disclosed on the blockchain. However, anyone using XMR remains anonymous by default, with no traceable footprint. If you do not want to make yourself traceable, Monero might be a good choice.