Buy Monero (XMR) in 5 Minutes Securely on 10 Leading Crypto Platforms

Here’s a detailed guide on how to buy Monero (XMR) using ten of the most popular cryptocurrency platforms. This comprehensive walkthrough covers key insights on fees, payment methods, minimum purchase amounts, security measures, regulatory compliance, and platform usability, all aimed at helping you purchase Monero (XMR) with ease. Our top recommendation is Coinbase, a platform known for its strong security measures and popularity among global financial institutions. It strikes a great balance between user-friendly features and competitive fees, making it an ideal choice for both beginners and experienced traders. Below, we’ve compared some of the most important aspects of the platform:
Exchange
Demo Image
Demo Image
Demo Image
Demo Image
Demo Image
Demo Image
Rating
5/5
4.5/5
4.5/5
4/5
4/5
4/5
Custodian from BlackRock?
Fees
0,15%
0,10%
0,99%
1,49%
0,99%
1%
Fees per $1.000
$1,50
$12,50
1€
14,90€
$9,90
$10,00
Transfer to external wallet
Security
Details
The best overall package, the safest exchange in the world, also used by BlackRock, with extremely low fees.
The largest exchange in the world with low fees, but with a but with an incident where CEO CZ had to resign.
The largest exchange in the world with low fees, but with a but with an incident where CEO CZ had to resign.
Extremely secure, but comparatively high fees.
Simple, fast and secure.
Simple, fast, secure, comparatively high fees.
Go to

Buy Monero (XMR) Quickly and Safely on Coinbase

Coinbase operates within a safe and regulated environment, holding licenses from recognized financial authorities. It is trusted by major financial institutions globally, offering a reliable platform to purchase Monero (XMR). Here are the key advantages of buying Monero (XMR) on Coinbase:
  1. Trading Costs & Funding: Coinbase has a transparent fee structure, with a 1.49% commission on XMR purchases, plus a 0.5% spread. While these fees are clear, make sure to factor them into your investment strategy. Users can fund their accounts with SEPA transfers for free, or use wire transfers for traditional methods. Additionally, debit cards and PayPal are accepted, though PayPal transactions are subject to a 3.49% fee.
  2. Accessibility & Order Execution: Coinbase provides a low entry barrier with a minimum purchase requirement of just 1 Monero (XMR), making it accessible for newcomers to the crypto market. The platform supports multiple order types, including market, limit, and stop-limit orders, offering flexibility for executing trades based on your strategy.
  3. Security & Regulatory Compliance: Coinbase takes security seriously, implementing two-factor authentication (2FA) to safeguard accounts. Additionally, 98% of funds are stored offline in cold storage, greatly reducing the risk of cyberattacks. Coinbase is regulated by the SEC, FCA, and BaFin, ensuring compliance with global standards and user protection.
  4. Platform Usability & Features: Coinbase gives users access to over 240 cryptocurrencies, providing ample opportunities for portfolio diversification. Its interface is clean and intuitive, making it suitable for both beginners and seasoned traders. With access through both web and mobile apps, users can manage and trade their Monero holdings wherever they are.
  5. Support & Tax Tools: Coinbase offers robust customer support, with assistance available via email and live chat. It also provides tax reporting tools, automatically generating reports to help users comply with tax laws.
  6. Mobile Experience: Coinbase’s mobile app mirrors its desktop platform, allowing you to manage your XMR holdings on the go with a user-friendly design and all essential features for seamless trading.
Follow these simple steps to purchase Monero (XMR):
  1. Sign Up or Log In: Register on Coinbase or log into your existing account.
  2. Deposit Funds: Link a payment method (bank transfer, debit card, PayPal) and add funds to your account.
  3. Search for XMR: Use the search bar to find Monero (XMR).
  4. Enter Purchase Details: Decide how much Monero you wish to buy.
  5. Confirm Transaction: Review your details and finalize the purchase.
Why Coinbase remains our top pick for buying Monero (XMR):
Feature
Details
Fee Structure
1.49% fee for buying XRP, plus 0.5% spread.
Payment Methods
SEPA (free in Europe), bank/wire transfers, debit cards, PayPal (3.49% for instant buys).
Minimum Purchase Amount
Minimum purchase is 1 XRP.
Order Types
Supports market, limit, and stop-limit orders.
Security Measures
2FA system, 98% assets in cold storage.
Regulation and Licensing
Regulated by SEC, CFTC, FinCEN, state regulators, FCA, BaFin, Central Bank of Ireland, and soon MiCA.
Cryptocurrency Availability
Over 240 cryptocurrencies available.
User-Friendliness
Beginner-friendly with global app/website access.
Two-Factor Authentication (2FA)
Available for all users.
Support Quality
24/7 Global support via email and live chat.
Tax Reporting Interface
Tools for easier tax compliance.
App/Browser Usage
Works on mobile and desktop globally.

Buy Monero (XMR) in 5 Minutes on Binance

Binance is one of the world’s largest and most trusted cryptocurrency exchanges, offering a wide selection of digital assets, including Monero (XMR). Binance is widely respected for its low trading fees and sophisticated trading tools, making it a favorite among both novice and professional traders. The platform also offers enhanced security measures and a user-friendly interface, accessible via both mobile and web. This is why Binance is a great choice for buying Monero (XMR):
  • Fee Structure: Binance provides competitive trading fees, with a standard rate of 0.10% for both maker and taker orders. Additional fees apply for certain payment methods like credit cards, which can reach up to 3.5%.
  • Payment Methods: Binance supports SEPA transfers, credit/debit cards, PayPal (in certain regions), and third-party services such as Simplex. Credit card payments come with a 3.5% fee.
  • Minimum Purchase Amount: The minimum purchase amount for Monero is $10 USD or the equivalent in local currency.
  • Order Types: Binance offers various order types, including Market, Limit, Stop-Limit, OCO (One Cancels the Other), and advanced features like trailing stop orders.
  • Security Measures: Binance places a strong emphasis on security, with two-factor authentication (2FA) available and a significant portion of funds stored in cold storage for protection.
  • Regulation and Licensing: Binance is not regulated in all countries, but it holds licenses in various jurisdictions, including Europe, and complies with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
  • Cryptocurrency Availability: Binance supports over 600 cryptocurrencies, including Monero (XMR), offering users ample opportunities to diversify their portfolios.
  • User-Friendliness: Binance’s platform is easy to use, even for beginners. With both simplified and advanced interfaces, the platform caters to traders of all levels. Its mobile app and website offer a seamless trading experience.
  • Two-Factor Authentication (2FA): Binance highly recommends using 2FA to further secure your account and funds.
  • Support Quality: Binance offers 24/7 customer support through live chat, email, and an extensive help center to assist users with any inquiries or issues.
The following video demonstrates how to buy Monero (XMR) on Binance in just 5 minutes: Here’s a simple 5-step guide on how to buy Monero (XMR) on Binance:

Step 1: Create and Verify Your Binance Account

  1. Visit Binance: Go to www.binance.com.
  2. Sign Up: Click on “Register,” enter your email address, create a password, and complete the security verification process.
  3. Verify Your Identity: To comply with KYC (Know Your Customer) regulations, submit a government-issued ID and complete facial verification.

Step 2: Deposit Funds into Your Binance Account

  1. Log in to Your Account: After registering and verifying your account, log into your Binance account.
  2. Deposit Fiat or Cryptocurrency:
    • For Fiat: Click on “Deposit” and select your payment method (bank transfer, credit card, or PayPal). Enter the amount you wish to deposit.
    • For Crypto: If you already have cryptocurrency, go to “Deposit” and select the cryptocurrency you want to transfer to Binance.

Step 3: Navigate to the XMR Market

  1. Go to Markets: On the Binance homepage, click on “Markets” to access the list of available cryptocurrencies.
  2. Search for Monero: Use the search bar to find Monero (XMR). Select the trading pair that corresponds to your deposited funds (e.g., XMR/USDT, XMR/BTC).

Step 4: Place a Buy Order

  1. Choose the Order Type:
    • Market Order: Select “Market Order” if you want to buy Monero immediately at the current market price.
    • Limit Order: Select “Limit Order” if you wish to specify a price at which you want to buy Monero.
  2. Enter the Amount: Specify how much XMR you want to buy or the amount of your chosen currency you wish to spend.
  3. Confirm the Purchase: Review your order details and click “Buy XMR” to confirm.

Step 5: Secure Your Monero

  1. Check Your Balance: After the purchase is complete, go to “Wallet” to verify that your Monero is in your Binance account.
  2. Transfer to a Secure Wallet (Optional): For added security, consider transferring your Monero to a personal wallet, such as a hardware wallet, rather than keeping it on the exchange.

Buy Monero (XMR) on Bitget

Bitget is an up-and-coming cryptocurrency exchange, gaining popularity for its intuitive interface and advanced trading features like futures and spot trading. The platform has earned a reputation for its strong security practices and competitive fees, making it an ideal choice for both novice and seasoned traders looking to buy Monero (XMR). Why you should choose Bitget to buy Monero (XMR):
  • Fee Structure: Bitget charges a flat 0.06% trading fee for both maker and taker trades, with potential discounts available through the use of Bitget’s native token, BGB.
  • Payment Methods: Bitget supports several payment options including bank transfers, credit/debit cards, and stablecoins. Bank transfers are free, while card payments carry a 3% fee.
  • Minimum Purchase Amount: The minimum purchase amount for Monero (XMR) is typically around $10 USD, making it an accessible option for entry-level investors.
  • Order Types: Bitget provides options such as Market, Limit, and Stop-Limit orders. Traders can also benefit from Bitget’s copy trading feature, allowing them to mimic the strategies of expert traders.
  • Security Measures: Bitget ensures account protection via two-factor authentication (2FA) and multi-signature wallets. Funds are stored in cold storage for enhanced security.
  • Regulation and Licensing: Bitget is regulated in multiple regions but may not be subject to oversight in all countries, so it’s important to be mindful of local laws when using the platform.
  • Cryptocurrency Availability: With over 150 cryptocurrencies supported, including Monero (XMR), Bitget offers a wide range of assets for diversification.
  • User-Friendliness: The platform’s clean and simple interface makes it easy for both new and experienced traders to use. Bitget’s mobile app is also functional and intuitive for managing trades on the go.
  • Two-Factor Authentication (2FA): For additional security, 2FA is available and highly recommended to protect your account and assets.
  • Support Quality: Bitget offers 24/7 customer support through live chat and email, along with a detailed help center to assist with any inquiries.
The following video explains how to buy Monero (XMR) on Bitget in just 10 minutes: Here’s a simple 5-step guide to buying Monero (XMR) on Bitget:
  1. Create an Account: Visit the Bitget website and sign up. Complete the registration by entering your email and setting a secure password.
  2. Deposit Funds: After logging in, deposit funds into your Bitget account. You can use bank transfer, credit/debit cards, or transfer cryptocurrency from an external wallet.
  3. Navigate to Monero (XMR): In the trading section, search for Monero (XMR) or select it directly from the main trading page.
  4. Select Your Order Type: Choose from Market, Limit, or Stop-Limit orders depending on your preference. A Market order buys Monero immediately at the best available price, while a Limit order allows you to set a specific price.
  5. Place Your Order and Confirm: Enter the amount of Monero (XMR) you wish to purchase, review the details, and confirm the order. Once processed, the Monero will appear in your Bitget wallet.

Buy Monero (XMR) on Bybit

Bybit is a well-known cryptocurrency exchange, particularly favored for its derivatives and spot trading options. Bybit is recognized for its low fees, high liquidity, and fast execution times, making it a solid choice for those looking to purchase Monero (XMR). Here’s why Bybit is a great platform to buy Monero (XMR):
  • Fee Structure: Bybit charges 0.10% for both maker and taker orders, with additional discounts for users holding the platform’s native BYD tokens.
  • Payment Methods: Bybit supports payments via bank transfers, credit/debit cards, and third-party services like Simplex. However, credit card payments come with a fee of up to 3.99%.
  • Minimum Purchase Amount: The minimum purchase for Monero (XMR) is typically $10 USD, making it accessible to most traders.
  • Order Types: Bybit offers a wide range of order types, including Market, Limit, Stop-Limit, Trailing Stop, and Conditional Orders.
  • Security Measures: Bybit utilizes two-factor authentication (2FA), encryption, and cold storage for secure user funds and accounts.
  • Regulation and Licensing: Bybit operates in several regulated markets but remains unregulated in certain regions. Check your local regulations for more details.
  • Cryptocurrency Availability: Bybit supports a variety of cryptocurrencies, including Monero (XMR), Bitcoin, Ethereum, and many more.
  • User-Friendliness: Bybit’s platform is well-regarded for its sleek interface, which is easy to navigate even for beginner traders, while also providing advanced features for seasoned professionals.
  • Two-Factor Authentication (2FA): 2FA is available and highly recommended for added security.
  • Support Quality: Bybit offers 24/7 customer support via live chat, email, and an extensive knowledge base to assist users with any questions or concerns.
The following video shows you step-by-step how to buy Monero (XMR) on Bybit: Here’s a simple 5-step guide to buying Monero (XMR) on Bybit:

Step 1: Create and Verify Your Bybit Account

  1. Visit Bybit: Go to www.bybit.com.
  2. Sign Up: Click on “Sign Up,” enter your email address, create a password, and complete the security verification process.
  3. Verify Your Identity: To comply with KYC regulations, upload a government-issued ID and complete facial verification.

Step 2: Deposit Funds into Your Bybit Account

  1. Log In: After verification, log in to your Bybit account.
  2. Deposit Fiat or Cryptocurrency:
    • For Fiat: Go to “Assets” and click on “Deposit” to choose your payment method (bank transfer or credit card) and complete the transaction.
    • For Crypto: Select “Deposit” and choose the cryptocurrency you want to transfer to Bybit.

Step 3: Navigate to the XMR Market

  1. Go to the Trading Section: Click “Trade” to access the trading platform.
  2. Search for Monero: In the search bar, type “XMR” to find the XMR trading pairs (e.g., XMR/USDT, XMR/BTC) and select the one that corresponds to your funds.

Step 4: Place a Buy Order

  1. Choose the Order Type:
    • Market Order: Select “Market” to buy Monero at the best available price.
    • Limit Order: Select “Limit” to set your desired purchase price.
  2. Enter the Amount: Specify how much Monero (XMR) you wish to purchase or how much of your deposited currency you want to spend.
  3. Confirm the Purchase: Review your order and click “Buy XMR” to complete the transaction.

Step 5: Secure Your Monero

  1. Check Your Balance: After the purchase is complete, go to “Assets” to confirm your Monero (XMR) balance.
  2. Transfer to a Secure Wallet (Optional): For enhanced security, consider transferring your Monero to a personal wallet instead of leaving it on the exchange.

Buy Monero (XMR) on Kraken

Kraken is a well-established cryptocurrency exchange, widely known for its strong security, user-friendly platform, and competitive fees. With a diverse range of payment methods and a variety of cryptocurrencies available, Kraken is an excellent option for purchasing Monero (XMR) securely and efficiently. Here’s why Kraken stands out for buying Monero (XMR):
  • Fee Structure: Kraken operates with a maker-taker fee model, charging a fee of 0.16% for maker orders and 0.26% for taker orders. Volume-based discounts are also available for high-volume traders.
  • Payment Methods: Kraken supports SEPA transfers, ACH payments, and credit card deposits. Bank transfers are free, while credit card payments incur a 3.75% fee.
  • Minimum Purchase Amount: The minimum purchase for Monero (XMR) is $10 USD or the equivalent in other currencies, which makes it accessible to most traders.
  • Order Types: Kraken supports a wide variety of order types including Market, Limit, Stop-Limit, and OCO (One Cancels Other) orders, giving users the flexibility to choose their preferred trading strategy.
  • Security Measures: Kraken is renowned for its security, implementing two-factor authentication (2FA), SSL encryption, and storing most of its funds in cold storage to protect against hacking attempts.
  • Regulation and Licensing: Kraken is fully regulated in the United States and adheres to financial regulations, including KYC (Know Your Customer) and AML (Anti-Money Laundering) laws.
  • Cryptocurrency Availability: Kraken supports over 70 cryptocurrencies, including Monero (XMR), providing opportunities for diversification in your portfolio.
  • User-Friendliness: Although Kraken’s interface can appear complex to beginners, it provides both a simple and advanced mode to cater to all user levels. The mobile app is also highly regarded for ease of use.
  • Two-Factor Authentication (2FA): 2FA is a strong recommendation on Kraken, providing an extra layer of security for your account.
  • Support Quality: Kraken provides 24/7 customer support through live chat, email, and a detailed knowledge base to resolve any issues users may face.
The following video explains how to buy Monero (XMR) on Kraken: Here’s a simple 5-step guide to buying Monero (XMR) on Kraken:

Step 1: Create and Verify Your Kraken Account

  1. Visit Kraken: Go to www.kraken.com.
  2. Sign Up: Click on “Create Account,” enter your email address, create a secure password, and complete the necessary security verification process.
  3. Verify Your Identity: To comply with KYC (Know Your Customer) regulations, upload a valid government-issued ID and complete facial verification.

Step 2: Deposit Funds into Your Kraken Account

  1. Log In: After verification, log in to your Kraken account.
  2. Deposit Funds:
    • For Fiat: Click on “Funding,” select “Deposit,” and choose your payment method (bank transfer, credit card, etc.). Follow the on-screen instructions to deposit funds.
    • For Crypto: If you already have cryptocurrency, go to “Funding,” select “Deposit,” choose the cryptocurrency you wish to transfer to Kraken, and follow the instructions to complete the transfer.

Step 3: Navigate to the XMR Market

  1. Go to the Markets Section: On the homepage, click on “Trade” to access the trading platform.
  2. Search for Monero: Type “XMR” into the search bar to find the XMR trading pair (e.g., XMR/USD, XMR/EUR) that matches your deposited funds.

Step 4: Place a Buy Order

  1. Choose the Order Type:
    • Market Order: Choose “Market Order” to buy Monero at the best available price.
    • Limit Order: Choose “Limit Order” to specify a price at which you wish to purchase Monero.
  2. Enter the Amount: Specify how much Monero (XMR) you wish to purchase or how much fiat you wish to spend.
  3. Confirm the Purchase: Review your order details and click “Buy XMR” to complete the transaction.

Step 5: Secure Your Monero

  1. Check Your Balance: After the purchase is complete, go to “Funding” to check that your Monero (XMR) has been credited to your Kraken wallet.
  2. Transfer to a Secure Wallet (Optional): For added security, consider transferring your Monero to a personal wallet, such as a hardware wallet, instead of leaving it on the exchange.

Buy Monero (XMR) on Crypto.com

Crypto.com is a highly trusted, all-in-one cryptocurrency platform that offers a wide range of services, from buying and selling to investing and trading digital assets. Known for its easy-to-use interface and security features, Crypto.com is an excellent choice for purchasing Monero (XMR). Here’s why Crypto.com is an excellent platform to buy Monero (XMR):
  • Fee Structure: Crypto.com charges 2.99% for credit card purchases, with trading fees starting as low as 0.10%, depending on the user’s membership level.
  • Payment Methods: Crypto.com supports a variety of payment methods, including credit/debit card payments, bank transfers, and cryptocurrency deposits.
  • Minimum Purchase Amount: The minimum purchase amount for Monero (XMR) is $10 USD, making it easy for anyone to start investing.
  • Order Types: Crypto.com supports Market, Limit, and Stop orders for trading Monero.
  • Security Measures: Crypto.com uses two-factor authentication (2FA), SSL encryption, and cold storage to secure users’ funds and prevent hacking.
  • Regulation and Licensing: Crypto.com is regulated in multiple jurisdictions and complies with Anti-Money Laundering (AML) and Know Your Customer (KYC) standards.
  • Cryptocurrency Availability: Crypto.com supports a wide range of cryptocurrencies, including Monero (XMR), Bitcoin, Ethereum, and more.
  • User-Friendliness: The platform is designed to be accessible, with a simple and intuitive interface for beginners and advanced traders alike. The mobile app and web version both provide seamless trading experiences.
  • Two-Factor Authentication (2FA): 2FA is available and highly recommended for securing your account and assets.
  • Support Quality: Crypto.com offers 24/7 support via live chat and email, ensuring users can receive assistance whenever needed.
  • Tax Reporting Tools: Crypto.com integrates with tax reporting tools to simplify the process of filing taxes on your cryptocurrency holdings.
The next video demonstrates how you can buy Monero (XMR) on Crypto.com: Here’s a simple step-by-step guide to buying Monero (XMR) on Crypto.com:

Step 1: Create and Verify Your Crypto.com Account

  1. Visit Crypto.com: Go to www.crypto.com.
  2. Sign Up: Click “Sign Up,” enter your email address, create a secure password, and complete the registration process.
  3. Verify Your Identity: Submit a valid government-issued ID and complete the facial verification for KYC compliance.

Step 2: Deposit Funds into Your Crypto.com Account

  1. Log In: After completing the verification process, log into your Crypto.com account.
  2. Deposit Funds:
    • For Fiat: Go to “Accounts” > “Fiat Wallet” > “Deposit” and select your preferred payment method (bank transfer, credit card, PayPal). Follow the instructions to fund your account.
    • For Crypto: If you already have cryptocurrency, go to “Accounts” > “Crypto Wallet” > “Deposit” and select the cryptocurrency you wish to deposit, such as BTC or USDT.

Step 3: Search for Monero (XMR)

  1. Go to the Crypto.com App or Website: Click on “Trade” or “Markets.”
  2. Search for XMR: In the search bar, type “XMR” and select the XMR/USDT or XMR/USD trading pair, depending on the funds you deposited.

Step 4: Place a Buy Order

  1. Select the Order Type:
    • Market Order: Choose “Market” to buy Monero at the current market price.
    • Limit Order: Choose “Limit” to set a specific price to buy Monero.
  2. Enter the Amount: Specify how much Monero you want to buy or how much fiat you wish to spend.
  3. Confirm the Purchase: Review your order and click “Buy XMR” to complete the transaction.

Step 5: Secure Your Monero

  1. Check Your Balance: Once the purchase is complete, go to “Accounts” and verify that your XMR is under your Crypto Wallet.
  2. Transfer to a Secure Wallet (Optional): For added security, consider transferring your Monero to a private wallet, such as a hardware wallet, instead of keeping it on the exchange.

Buy Monero (XMR) on OKX

OKX is one of the leading cryptocurrency exchanges, offering a broad range of trading options including spot, futures, and margin trading. With competitive fees and a user-friendly interface, OKX is a great platform for buying Monero (XMR), regardless of your experience level. Here’s why OKX is a strong platform to purchase Monero (XMR):
  • Fee Structure: OKX offers a competitive base trading fee of 0.10% for both maker and taker orders. High-volume traders may qualify for discounts based on their trading volume.
  • Payment Methods: OKX supports various payment methods including SEPA transfers, credit cards, and third-party services, making it easy to deposit funds.
  • Minimum Purchase Amount: The minimum purchase for Monero (XMR) is around $10 USD, which is accessible for new users.
  • Order Types: OKX supports multiple order types, such as Market, Limit, Stop-Limit, and OCO (One Cancels the Other) orders, providing traders with flexibility to execute their strategies.
  • Security Measures: OKX places a strong emphasis on security, utilizing two-factor authentication (2FA) and storing funds in cold storage for maximum protection.
  • Regulation and Licensing: Based in Malta, OKX operates under European regulations, ensuring compliance with local financial laws.
  • Cryptocurrency Availability: OKX supports over 200 cryptocurrencies, including Monero (XMR), providing diverse opportunities for traders to expand their portfolios.
  • User-Friendliness: OKX is designed with both beginners and experienced traders in mind. The intuitive interface is easy to use, and its mobile app is also highly rated for on-the-go trading.
  • Two-Factor Authentication (2FA): 2FA is recommended and available to add an additional layer of protection to your account.
  • Support Quality: OKX provides round-the-clock customer support through live chat, email, and a detailed help center to guide users through any challenges.
The following video demonstrates how to buy Monero (XMR) on OKX in just a few simple steps: Here’s a simple 5-step guide to buying Monero (XMR) on OKX:

Step 1: Create and Verify Your OKX Account

  1. Visit OKX: Go to www.okx.com.
  2. Sign Up: Click on “Sign Up,” enter your email address, create a password, and complete the security verification process.
  3. Verify Your Identity: Upload a government-issued ID to complete the Know Your Customer (KYC) process and verify your identity.

Step 2: Deposit Funds into Your OKX Account

  1. Log In: After completing verification, log in to your OKX account.
  2. Deposit Funds:
    • For Fiat: Click “Assets” > “Fiat” > “Deposit” and select your preferred payment method (bank transfer, credit card, etc.). Complete the deposit instructions.
    • For Crypto: If you already own cryptocurrency, go to “Assets” > “Crypto” > “Deposit” and select the cryptocurrency you wish to deposit.

Step 3: Navigate to the XMR Market

  1. Go to Markets: On the homepage, click “Trade” to access the trading platform.
  2. Search for Monero: Type “XMR” in the search bar to find the XMR trading pairs (e.g., XMR/USDT, XMR/BTC). Select the pair that corresponds to your deposited funds.

Step 4: Place a Buy Order

  1. Choose the Order Type:
    • Market Order: Select “Market” to buy Monero at the current price.
    • Limit Order: Select “Limit” to set a specific price for your purchase.
  2. Enter the Amount: Specify how much Monero (XMR) you want to buy or the amount of your deposited currency you wish to spend.
  3. Confirm the Purchase: Review your order and click “Buy XMR” to complete the transaction.

Step 5: Secure Your Monero

  1. Check Your Balance: After the transaction is complete, check your “Assets” to ensure that the Monero (XMR) has been added to your OKX wallet.
  2. Transfer to a Secure Wallet (Optional): For added security, consider transferring your Monero to a personal wallet rather than leaving it on the exchange.

Buy Monero (XMR) on KuCoin

KuCoin is one of the most popular cryptocurrency exchanges globally, known for its low fees, extensive range of cryptocurrencies, and liquidity. With a variety of trading tools and an easy-to-use interface, KuCoin is a fantastic choice for purchasing Monero (XMR). Why KuCoin is a top platform for buying Monero (XMR):
  • Fee Structure: KuCoin charges a competitive 0.10% fee for both maker and taker trades, with additional discounts for users who hold KuCoin Shares (KCS).
  • Payment Methods: KuCoin supports various payment methods, including bank transfers, credit/debit cards, and third-party services.
  • Minimum Purchase Amount: The minimum purchase for Monero (XMR) on KuCoin is $10 USD, making it easy for newcomers to invest in cryptocurrency.
  • Order Types: KuCoin offers Market, Limit, Stop-Limit, and OCO (One Cancels the Other) orders, giving traders the flexibility to choose their trading preferences.
  • Security Measures: KuCoin offers two-factor authentication (2FA) and stores user funds in cold storage for maximum security.
  • Regulation and Licensing: While KuCoin operates in an unregulated environment, it complies with regional guidelines in many countries.
  • Cryptocurrency Availability: KuCoin supports more than 400 cryptocurrencies, including Monero (XMR), allowing users to diversify their portfolios.
  • User-Friendliness: The platform has a user-friendly interface, ideal for both novice traders and seasoned investors. KuCoin’s mobile app is also highly functional.
  • Two-Factor Authentication (2FA): 2FA is strongly recommended to secure your account from unauthorized access.
  • Support Quality: KuCoin provides 24/7 support via live chat, email, and an extensive FAQ section to assist users.
The next video explains in detail how you can buy Monero (XMR) on KuCoin:
Here’s a simple 5-step guide to buying Monero (XMR) on KuCoin:

Step 1: Create and Verify Your KuCoin Account

  1. Visit KuCoin: Go to www.kucoin.com.
  2. Sign Up: Click “Sign Up,” enter your email address, create a secure password, and complete the security verification process.
  3. Verify Your Identity: Complete the KYC process by submitting a valid government-issued ID and performing facial verification.

Step 2: Deposit Funds into Your KuCoin Account

  1. Log In: After verification, log into your KuCoin account.
  2. Deposit Funds:
    • For Fiat: Go to “Assets” > “Deposit” > “Fiat” and choose your preferred payment method (bank transfer, credit card). Follow the instructions to deposit fiat funds.
    • For Crypto: If you already have cryptocurrency, go to “Assets” > “Deposit” > “Crypto” and select the cryptocurrency you wish to deposit.

Step 3: Navigate to the XMR Market

  1. Go to Markets: On the homepage, click “Markets” to access the full list of available cryptocurrencies.
  2. Search for Monero: Type “XMR” into the search bar and select the XMR trading pair (e.g., XMR/USDT or XMR/BTC) that suits your deposited funds.

Step 4: Place a Buy Order

  1. Choose the Order Type:
    • Market Order: Choose “Market” to buy Monero at the current market price.
    • Limit Order: Choose “Limit” if you wish to set a specific price for purchasing Monero.
  2. Enter the Amount: Specify how much XMR you want to buy or how much of your fiat currency you wish to spend.
  3. Confirm the Purchase: Review the order and click “Buy XMR” to complete your transaction.

Step 5: Secure Your Monero

  1. Check Your Balance: Once the purchase is complete, check your “Assets” to verify that your XMR has been credited to your KuCoin wallet.
  2. Transfer to a Secure Wallet (Optional): For added safety, transfer your Monero to a personal wallet, such as a hardware wallet, instead of leaving it on the exchange.

Buy Monero (XMR) on Bitpanda

Bitpanda is a trusted European cryptocurrency exchange that provides a simple and secure platform for buying, selling, and trading various cryptocurrencies, including Monero (XMR). With its easy-to-use interface and low fees, Bitpanda is an excellent option for beginners who are new to cryptocurrency. Why Bitpanda is an excellent platform to buy Monero (XMR):
  • Fee Structure: Bitpanda charges fees ranging from 1.49% to 1.99% depending on the chosen payment method. These fees may vary slightly, so be sure to check the details during the transaction.
  • Payment Methods: Bitpanda supports SEPA transfers, credit/debit cards, PayPal, and many other payment methods, giving you flexibility to deposit funds in various ways.
  • Minimum Purchase Amount: The minimum purchase for Monero is typically $1 USD, making it an accessible platform for even small investments.
  • Order Types: Bitpanda offers market orders, but it does not currently provide advanced order types such as limit or stop-limit orders.
  • Security Measures: Bitpanda employs two-factor authentication (2FA) to ensure the security of your account. Additionally, most assets are stored in cold storage to protect against hacking attempts.
  • Regulation and Licensing: Bitpanda is fully regulated in Austria and complies with European Union laws, making it a safe and secure platform for users in the EU and beyond.
  • Cryptocurrency Availability: Bitpanda supports over 50 cryptocurrencies, including Monero (XMR), allowing users to diversify their portfolios.
  • User-Friendliness: Bitpanda’s interface is clean and intuitive, making it easy to navigate even for beginners. The platform also offers a well-rated mobile app for trading on the go.
  • Two-Factor Authentication (2FA): 2FA is strongly recommended to enhance security and protect your account from unauthorized access.
  • Support Quality: Bitpanda offers 24/7 customer support through live chat and email, and has a comprehensive help center to assist users with any questions.
The following video demonstrates how to buy Monero (XMR) on Bitpanda:
Here’s a simple 5-step guide to buying Monero (XMR) on Bitpanda:

Step 1: Create and Verify Your Bitpanda Account

  1. Visit Bitpanda: Go to www.bitpanda.com.
  2. Sign Up: Click “Sign Up,” enter your email address, create a password, and complete the registration process.
  3. Verify Your Identity: Complete the KYC process by submitting a valid government-issued ID and performing facial verification to comply with regulatory standards.

Step 2: Deposit Funds into Your Bitpanda Account

  1. Log In: After registering and verifying your identity, log in to your Bitpanda account.
  2. Deposit Funds:
    • For Fiat: Click “Deposit” in the wallet section, select “Fiat,” and choose your preferred payment method (bank transfer, credit card, etc.). Complete the deposit process by following the instructions.
    • For Crypto: If you have cryptocurrency, go to the “Deposit” section, select “Crypto,” and choose the asset you wish to deposit (e.g., BTC or USDT). Follow the instructions to complete the transfer.

Step 3: Navigate to the XMR Market

  1. Go to Markets: On the homepage, click “Markets” to access the list of cryptocurrencies available on Bitpanda.
  2. Search for Monero: Type “XMR” into the search bar to find the XMR trading pair (e.g., XMR/USD or XMR/EUR) that matches your deposited funds.

Step 4: Place a Buy Order

  1. Choose the Order Type:
    • Market Order: Select “Market” to buy Monero at the current price.
  2. Enter the Amount: Specify how much XMR you want to purchase or how much of your fiat currency you want to spend.
  3. Confirm the Purchase: Review the order details and click “Buy XMR” to confirm your purchase.

Step 5: Secure Your Monero

  1. Check Your Balance: After the purchase, go to the “Portfolio” section to verify that your XMR is in your Bitpanda wallet.
  2. Transfer to a Secure Wallet (Optional): For added security, transfer your Monero to a private wallet, such as a hardware wallet, instead of leaving it on the exchange.

Buy Monero (XMR) on Bitfinex

Bitfinex is one of the oldest and most reputable cryptocurrency exchanges, catering to advanced traders with its high liquidity, professional-grade trading tools, and an extensive range of order types. With competitive fees and high security, Bitfinex is a strong platform for buying Monero (XMR). Here’s why Bitfinex is a great option to buy Monero (XMR):
  • Fee Structure: Bitfinex charges a flat fee of 0.10% for both maker and taker trades, offering competitive rates for active traders.
  • Payment Methods: Bitfinex supports various payment methods, including bank transfers, credit/debit cards, and cryptocurrency deposits, giving users flexibility in funding their accounts.
  • Minimum Purchase Amount: The minimum purchase for Monero is typically $10 USD, making it accessible for traders with smaller budgets.
  • Order Types: Bitfinex provides an extensive range of order types, such as Market, Limit, Stop-Limit, and advanced options like trailing stop orders, giving traders flexibility in executing their strategies.
  • Security Measures: Bitfinex uses advanced security protocols including cold storage, two-factor authentication (2FA), and encryption to ensure the safety of users’ funds and data.
  • Regulation and Licensing: Bitfinex operates under limited regulatory oversight, but it complies with international KYC (Know Your Customer) and AML (Anti-Money Laundering) standards.
  • Cryptocurrency Availability: Bitfinex supports over 150 cryptocurrencies, including Monero (XMR), providing ample opportunities for portfolio diversification.
  • User-Friendliness: While Bitfinex is primarily designed for advanced traders, it also offers an easy-to-navigate interface for beginners who wish to trade basic pairs like XMR.
  • Two-Factor Authentication (2FA): 2FA is highly recommended to protect your account and prevent unauthorized access.
  • Support Quality: Bitfinex provides 24/7 customer support via live chat, email, and an extensive knowledge base to assist users with any issues they may encounter.
The following video shows how to buy Monero (XMR) on Bitfinex:
Here’s a simple 5-step guide to buying Monero (XMR) on Bitfinex:

Step 1: Create and Verify Your Bitfinex Account

  1. Visit Bitfinex: Go to www.bitfinex.com.
  2. Sign Up: Click “Sign Up,” enter your email address, create a secure password, and complete the verification process.
  3. Verify Your Identity: Complete KYC by submitting a government-issued ID and performing facial verification to ensure the legitimacy of your account.

Step 2: Deposit Funds into Your Bitfinex Account

  1. Log In: After verification, log in to your Bitfinex account.
  2. Deposit Funds:
    • For Fiat: Go to “Deposit” and select your preferred payment method (credit card, bank transfer, etc.). Complete the deposit process.
    • For Crypto: Go to “Deposit,” choose the cryptocurrency you wish to deposit, and send it to your Bitfinex wallet.

Step 3: Navigate to the XMR Market

  1. Go to the Markets Section: On the homepage, click “Trade” to access the available markets.
  2. Search for Monero: Type “XMR” into the search bar and select the XMR trading pair (e.g., XMR/USD or XMR/BTC) that suits your deposit currency.

Step 4: Place a Buy Order

  1. Choose the Order Type:
    • Market Order: Choose “Market” to buy Monero at the best available price.
    • Limit Order: Choose “Limit” to specify the price you wish to buy at.
  2. Enter the Amount: Specify how much Monero (XMR) you want to buy.
  3. Confirm the Purchase: Review the order and click “Buy XMR” to complete the transaction.

Step 5: Secure Your Monero

  1. Check Your Balance: After the purchase is complete, check your “Wallet” to ensure that your XMR has been credited to your account.
  2. Transfer to a Secure Wallet (Optional): For enhanced security, consider transferring your Monero to a personal wallet (e.g., hardware wallet) instead of leaving it on the exchange.