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Buy Monero: On these exchanges it goes

Monero has been around since the summer of 2014, but like many other coins, only really started to soar in 2017. Since then, the cryptocurrency has become very popular and this leads to the question of which trading platforms you can buy Monero on. In the meantime, there are many available to you for this purpose.

Monero was among the trending cryptocurrencies in 2017 and showed a strong performance.

How to buy Monero

Currently, the market capitalization of Monero is just over 2.7 billion euros and that means a place close behind the top 15 in the charts.The easiest way to buy Monero is to buy Bitcoin or Ethereum and send them to a trading platform where Monero is available. There you simply perform an exchange and the Monero tokens are yours.Monero is traded on many exchanges due to its market position. Depending on the broker, this can also be bought with other currencies. The most important addresses are:
  • Bitfinex
  • Poloniex
  • Kraken
  • Binance
  • Bittrex
So the usual suspects all have Monero in their range. If you already have an active account with one of these exchanges, you can easily make the purchase there. Smaller trading sites also carry Monero, for example Cryptopia or HitBTC. Note that you can use a comparison portal, such as "Cryptoradar", to see where you can exchange the currency for the cheapest price at the moment. However, the differences usually only amount to a few cents and are only due to the fees. The value depends mainly on the current rate.

By Glyn Savitri

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