Best Monero Exchanges Monero is more than a cryptocurrency; it's an open-source trade item that prioritizes privacy and anonymity. The coin is popular among investors because it is known for more privacy and security precautions than Bitcoin. Unlike Bitcoin, Monero transactions are layered with encryption and encoding, making it hard to track how much Monero travels and where it goes. Next, we look at how to buy Monero.
How to Trade Monero Monero can be bought and sold just like any other cryptocurrency on the market. The simplest approach to buy Monero is to open an account on an exchange that accepts fiat and Monero transfers.
Top Monero Exchanges Here are three exchange platforms where you can buy/sell Monero:
Changelly You can buy, sell, and exchange Monero on Changelly easily. The platform supports fiat currencies that you can deposit or withdraw via a credit card, Apple Pay, or bank transfer. Your coins will be shown in your Changelly wallet. The platform allows you to buy as little as $50 at a time. Changelly's moderate cost structure, a flat 0.25 percent per transaction total, will appeal to frequent traders. The platform also supports a diverse variety of over 60 of the market's most popular coins, making it one of the most outstanding exchanges. Changelly provides a simple and fast option to begin trading Monero, with transparent fees, an average transaction time of roughly 15 minutes, as well as an easy-to-use website and app.
Voyager The Voyager app lets you purchase and sell some of the most popular currencies on the market, as well as watch the value of your portfolio over time. The software is simple to use and appropriate for beginners. Connect your bank account, add funds, then trade Monero or another top-20 cryptocurrency. Voyager also provides complex charting features and data that more experienced traders can use to forecast future market moves. The improved security features of Voyager are outstanding, including offline storage and governmentregulated security measures to keep your funds safe. Voyager is now open to traders in the United States, with ambitions to expand internationally by the end of 2019. Its app allows you to trade Monero wherever you go.
Bitfinex Bitfinex offers Monero trades in addition to dozens of other coins. Bitfinex has one of the most active markets, with 30-day trading volumes exceeding $4 billion on a regular basis. As a result, its market is more liquid, and you can easily purchase and sell your coins.