Welcome! This guide will help you buy Monero (XMR) so you can make purchases at MoneroFlow-accepting businesses.
Monero is a privacy-focused cryptocurrency. Unlike Bitcoin, Monero transactions are untraceable and unlinkable. It's like digital cash — secure, private, and yours alone.
There are several ways to get XMR:
The most common way. Sign up, verify your identity, deposit fiat (AUD, USD, etc.), and buy XMR.
Popular exchanges that support XMR:
Buy XMR directly from other people using your preferred payment method (bank transfer, PayPal, etc.).
Popular P2P platforms:
Some Bitcoin ATMs allow you to buy BTC, which you can then exchange for XMR on an exchange.
More complex, usually higher fees — not recommended for beginners.
Visit an exchange (we recommend Binance or Kraken). Sign up with your email and complete identity verification (required for most exchanges).
Link your bank account or deposit funds via your preferred method (bank transfer, credit card, etc.).
Find the Monero trading pair (e.g., XMR/AUD, XMR/USD). Enter the amount you want to purchase and confirm the transaction.
Once you have XMR in your exchange account, withdraw it to your personal wallet for security and privacy.
You'll need a wallet to store and send your XMR:
Ask the merchant how much XMR you need to send. They'll usually provide a QR code with the exact amount and their XMR address.
Open your wallet app and scan the merchant's QR code. This automatically fills in the address and amount.
Review the transaction details, confirm, and send. The merchant will notify you once they receive the payment.
Q: How long does an XMR transfer take?
A: Most transactions confirm within 2-10 minutes.
Q: What if I send to the wrong address?
A: XMR transactions are irreversible. Always double-check the wallet address!
Q: Is Monero illegal?
A: No. Monero is a legitimate cryptocurrency. However, check your local regulations regarding cryptocurrency use.