Where and How to Buy Monero (XMR)

Introduction

When purchasing Monero, there are several factors to think about, including picking an exchange to buy it from and the transaction method. Fortunately, we’ve put together a bunch of reputable exchanges to help you with the process.

Step-by-Step Guide

1. 1. Choose an Exchange

   Research and choose a cryptocurrency exchange that operates in Australia and supports Monero trading. Consider factors like fees, security, and user reviews.

   Platform	Coin	Price
   Kraken	Monero (XMR)	196.02
   BTSE	Monero (XMR)	196.5
   BingX	Monero (XMR)	161.9
   MEXC Global	Monero (XMR)	196.16
   Bitmart	Monero (XMR)	196.1
   Kucoin	Monero (XMR)	199.55

   See all 13 prices

2. 2. Create an Account

   Sign up on the exchange's website or mobile app, providing personal information and identity verification documents.

   Platform	Coin	Price
   Kraken	Monero (XMR)	196.02
   BTSE	Monero (XMR)	196.5
   BingX	Monero (XMR)	161.9
   MEXC Global	Monero (XMR)	196.16
   Bitmart	Monero (XMR)	196.1
   Kucoin	Monero (XMR)	199.55

   See all 13 prices

3. 3. Top Up Your Account

   Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.

4. 4. Navigate to the Monero Market

   Once your account is funded, search for Monero (XMR) in the exchange’s marketplace.

5. 5. Choose a Transaction Amount

   Type in the desired amount of Monero you wish to buy.

6. 6. Confirm Purchase

   Have a look at the Transaction Details and Confirm Your Purchase by clicking the Buy XMR or equivalent button.

7. 7. Complete Transaction

   Your Monero purchase will be processed and deposited into your exchange wallet in no time.

8. 8. Transfer to a Hardware Wallet

   It's always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.

What to be Aware of

When buying Monero, it’s important to select a reputable exchange that's easy to use and has reasonable fees. Once you’ve done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.