On the question where to buy Monero, we at DC Forecasts have a simple solution in the form of a guide that will give you the basic information on what are the most accessible places that you can purchase Monero. Let’s find out more in the Monero news today.
Buying monero is just as easy as buying any other cryptocurrency and you can even purchase it using directly your dollars or your euros. You can buy it at a huge number of exchanges and since it is a privacy cryptocurrency, it saw a huge increase in demand over 2019 so all of the exchanges were interested in listing it which made answering the question of where to buy Monero, much simpler. These exchanges are easy to use and all they require is an online bank account or an email so you will only have to create an account, deposit an amount and continue by placing your order.
Coinbase is one of the most popular choices and is a place that you can use your credit card to buy Monero. All you will have to do is sign up on the platform, buy Bitcoins with your card and once you have them, you can transfer them to exchanges such as Bittrex, Bitfinex, and Kraken where you will be able to buy Monero tokens using your bitcoins.
The advantage of this site is that you can use other several payment methods and start trading in a matter of seconds. LocalMonero is also another good choice where you only have to enter an e-mail to register and select the right payment method so your privacy is guaranteed. The best part of this exchange is that you can find sellers in your vicinity that will accept payments in cash and others that can be paid via Cash and other payments method. It is a website where you will be able to engage in private transactions.
Bitfinex is one of the most important exchanges and was ranked among the top three based on Monero transaction volume and it is one of the best websites for purchasing Monero or trading other currencies. You can make deposits in dollars and crypto and they offer many trade opportunities. Making deposits via bank transfer and purchasing XMR is quite easy too!
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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