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What is XMR

Originally forked from "Bytecoin" in 2012, Monero (XMR) is a privacy-focused decentralized cryptocurrency. It offers complete privacy to its users, meaning none of the transactions can be traced back to you when using Monero currency.


Stealth addresses can only be identified by the user, and all transactions are validated without revealing identification. This is made possible through the Ring Signature technology, which uses anonymous digital signatures that do not reveal sender and receiver identities and are randomly generated for one-time usage.


Monero is ranked among the top 40 protocols, is fully decentralized, and has the third-largest developer community amongst global cryptocurrencies.

How to buy XMR?

Why buy XMR with OKX?

Simple

OKX makes it easy to buy XMR with a user-friendly interface

Flexible

OKX offers a variety of payment methods and supports numerous local currencies to help users buy XMR

Fast

Get detailed information about cryptocurrencies listed on OKX, including their tech, founders and price history.

What can I do after I buy XMR?

Monero is the leading privacy-focused cryptocurrency with substantial real-world value. As traceability and non-fungibility are a growing concern for BTC as a currency, Monero positions itself as a more secure alternative for private transactions.


With the third-largest developer community, Monero offers greater user identity privacy than BTC since Bitcoin utilizes a transparent blockchain where payment sources are traceable. In contrast to BTC, Monero tokens do not carry any trading history. As a result, Monero tokens have zero risk of being banned or blacklisted due to their previous usage.


Monero is also commonly used as a payment method for network fees. Monero is considered the top cryptocurrency for complete user privacy and a popular investment choice.


OKX Insights tracks all daily market movements for Monero and other top crypto assets so that you receive all the latest relevant token information. Our OKX Academy is also a comprehensive free resource for beginners that is a great resource to learn more about the fundamentals of crypto trading and investing.


Easily buy Monero through the OKX exchange. OKX’s one-stop cryptocurrency platform goes beyond buying and selling. It allows you to track, trade, and earn from Monero holdings. Sign up today on OKX to access the most popular Monero trading pairs and accessible payment methods on a secure and trusted crypto exchange.

How to buy XMR and store it safely?

Want to learn more before you buy XMR?

Buy Monero with a credit card

You can easily buy Monero with a credit card on OKX. The OKX crypto exchange accepts Visa, MasterCard as well as ApplePay credit cards.


Buy Monero from our peer-to-peer (P2P) Market

Navigate to our escrow-powered peer-to-peer trading window and purchase USDT tokens directly from trusted sellers using 40 payment methods. Then exchange your USDT tokens in the spot market for Monero.


Start trading Monero

On OKX, you can instantly trade your XMR holdings against popular trading pairs like BTC, ETH, and USDT. OKX offers an intricate cryptocurrency trading ecosystem where users benefit from exposure to decentralized finance and the opportunity to earn sources of passive income.

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FAQ
  • How do I buy Monero? 
  • Why should I buy Monero on OKX? 
  • Can I buy Monero with a credit card?
  • How do I get Monero with ETH or BTC? 
  • Is it safe to buy Monero on OKX? 
  • What are the most popular cryptocurrencies to invest in today?
  • What are the top cryptocurrencies I can buy on OKX now?

Cryptocurrency is a new class of digital assets popularized by Bitcoin (BTC). While cryptocurrencies or digital/virtual currencies work much like their traditional fiat counterparts, the biggest difference between the two is the lack of centralized infrastructure and banks.


Where fiat currencies are issued by and kept in banks, digital currencies are issued via distributed mechanisms that follow strict consensus protocols. This translates into cryptocurrencies being stored on blockchains which are largely immutable, much more transparent and globally accessible.


Given their utility and growing list of use cases, cryptocurrencies are gaining popularity and one way to buy cryptocurrency is to use a reliable crypto exchange like OKX. On OKX, users can sign up, verify their identities and start buying Bitcoin and other cryptocurrencies instantly using credit cards, debit cards, bank transfers and other supported payment methods.


Typically, when you buy cryptocurrency, you have to store it in a dedicated wallet, but the security of your digital assets depends on how safely your private key is kept. Every cryptocurrency wallet has a private key which allows complete access to the stored digital assets. If you lose your private key, you effectively lose your funds.


Using an exchange like OKX also facilitates users because their newly purchased or traded digital assets are kept securely on the platform and are credited into users' accounts, available to be sold or transferred as required.


Ultimately, users should always buy cryptocurrency from a reliable exchange, and if they withdraw their digital assets to a personal wallet, they should keep their private keys safe and backed up to ensure the security of their funds.