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Where to Buy Monero (XMR)

Monero
Monero (XMR)
Rank #41
Market cap:
$ 5.27 b

Where is the best place to buy the cryptocurrency Monero (XMR)?

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Are you like many others wondering and thinking if you should buy Monero (XMR)? Look no further! Exwhere will help you decide the best exchange to do so. In fact, we have it narrowed down in order to assist traders with individual needs according to country or region. Keep reading to discover the most preferred exchanges used in your area. 


Finding the right exchange is simple, you can easily get started by reviewing the most liquid trading pairs available - whether you're a global trader or a new student. It pays off to find the best exchange that exists on the market.


If you want to learn more about the market of cryptocurrency trends, it may be a good idea to follow the projections of Bitcoin. Bitcoin helps predict future value of your favorite crypto coins, so make sure to read and stay updated on the coins direction. 

 

Here is a list of the top 4 liquid exchanges to buy the cryptocurrency Monero (XMR) on:


  • OkEX: An innovative crypto exchange that makes it easy to buy, sell, or trade cryptocurrencies. High prioritized security and attractive flat fee are some of the pros. Note: Not available for US residents.


  • HitBTC*: An exchange that has great liquidity with USD and USDT.


  • Binance*: An exchange that possesses a high variety of coins as well as their own Binance Wallet function. One of our top preferred exchanges amongst non-US traders.


  • Huobi Global: One of the more popular exchanges to visit amongst Chinese traders. Known for reliable customer service and prioritized security measures.


*Not available to US traders

 

Keep in mind that if you are purchasing Monero on USDT, the most liquid exchanges to do so are: HItBTC, Binance and OkEx.


Beware: Some of the mentioned exchanges are unavailable to US/UK/ traders due to policies and region protocol. Don't worry! If you're an American/UK citizen or in an Asian region, we still have some options for you down below.

 

List of Best Crypto Exchanges for US. Residents

 

Here is our overview of the top recommended exchanges that accept traders in the US when buying Monero (XMR) coin.


 

List of Best Crypto Exchanges for EU/UK Residents


Here is the list of popular exchanges for EU/UK residents when buying Monero (XMR) coin:


 

List of Best Crypto Exchanges for Asian Residents


Here is our list of popular exchanges for residents in regions of Asia when buying Monero (XMR) coin:


 

*Coinbase is available to US traders, large parts of Europe (not UK) and Asian regions. One of the most featured exchanges on the market, with a high amount of trader support. Great exchange for new traders and students.


What is the cryptocurrency Monero (XMR)?

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In the community amongst crypto-traders, Monero (XMR) is known as an open-source, privacy-oriented cryptocurrency that was launched in 2014. It is built and operates on this privacy concept. These blockchains form the underlying technology behind digital currencies, which are public ledgers of participants' activities that show all the transactions on the network.


Now you may want to know where the most beneficial (and reasonable) place to buy XMR is, which can be confusing with the level of options. If you are interested in price comparisons amongst coins and want to see how Monero compares to Bitcoin (or other coins), review Exwhere’s Crypto Comparison tool to see how they differentiate in value!

Which wallet is best to buy Monero (XMR) on?

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If you are convinced that Monero (XMR) is the right cryptocurrency to buy, you will now need to decide on a wallet to store your new coin! How can you be sure you choose the best wallet to buy Monero on prior to trading? We’ve shortened the list and added Monero’s recommended wallets according to type.


Many of these wallets feature functions that allow the use of credit cards, wire transfers, online transfers and other secure purchasing methods. The user fees and price vary. 


Note: We want to remind you that there are 4 main wallet types to store your currency on: Hardware Wallets, Desktop Wallets, Mobile Applications and Digital/Online Wallet. No more wondering where to buy!


Here is Exwhere’s overview of the top recommended wallets to store your Monero’s (XMR) on: 


  • Exodus: It’s a multi-currency, cross-platform crypto wallet that is a strong option for anyone just getting into the crypto space.


  • Yoroi Wallet: An affiliated wallet that offers simple and quick storage options, ideal for day-to-day use.


  • Monero GUI: It is the first official Monero wallet to offer a graphic user interface which means users don't need to use the command line terminal in order to use the wallet. When using this wallet, the user has complete control of his private keys which is always advisable for both security and privacy reasons.


  • MyMonero: A multi-platform wallet which attracts users with its user-friendliness and the fact that there’s no third-party involved in storing your private keys. It doesn’t matter if you are using the desktop, mobile or the web wallet, your private keys are not stored anywhere else except on your machine.

Useful Monero (XMR) Resources

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