How to Buy Monero (XMR)

Price of Monero (24h)$144.66856505price-24h-img-1.17%Buy Monero (XMR)BtnArrowRight
Interested in buying Monero (XMR) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy Monero (XMR) instantly wherever you are! Check out all the ways you can buy XMR on KuCoin.

Buy Monero (XMR) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy Monero (XMR)

Use a variety of payment options to buy Monero on KuCoin. We'll show you how.

Choose How You Want to Buy Monero on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Monero (XMR).

Buy Monero (XMR) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Monero (XMR). Here's how to buy:
1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.
2. Transfer your crypto to a KuCoin Trading Account. Find your desired Monero (XMR) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Monero (XMR).
RemarkImgTip: KuCoin offers a variety of order types to buy Monero (XMR) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.
3. As soon as your order is successfully executed, you will be able to see your available Monero (XMR) in your Trading Account.

Get Your First Monero (XMR) with KuCoin

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How to Store Monero (XMR)

The best way to store Monero (XMR) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Monero (XMR).

Store Monero in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your Monero in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Monero (XMR) to a non-custodial wallet. Storing Monero (XMR) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Monero (XMR) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Monero (XMR).

What Can You Do with Monero (XMR) on KuCoin?


Store your Monero (XMR) in your KuCoin account.


Trade Monero (XMR) in the spot and futures markets.


Earn passive income by staking or lending Monero (XMR).

Why Is KuCoin the Best Platform to Buy Monero (XMR)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

High Liquidity

Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy Monero and trade it against various digital assets on KuCoin.

Intuitive Interface

Buying Monero (XMR) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain XMR in an instant when you buy on KuCoin.


Is Monero (XMR) a Good Investment?

The Monero cryptocurrency has given back good gains to its investors in previous years, helped higher by bullish moves in the crypto market. However, one of its biggest strengths is also its biggest drawback holding back substantial gains in the XMR price.

Regulatory concerns surrounding Monero’s privacy have prevented it from being listed on many leading cryptocurrency exchanges. This reduces liquidity in the crypto coin considerably, challenging the Monero price from rising as high as its peers during bullish cycles in the market.

On a positive note, however, the XMR enjoys a large market cap and is considered an attractive cryptocurrency among those who value their privacy. The XMR price statistics could enjoy support from an uptick in the adoption of the crypto among enthusiasts looking for a completely anonymous way to transfer payment around the world with low transaction fees.

XMR vs. Bitcoin: How is Monero Different From Bitcoin?

Both Monero and Bitcoin utilize proof of work consensus mechanisms to secure their infrastructure, although there are several differences between the two cryptocurrencies. The following are some of them:

Primary Use Case

Bitcoin, the original cryptocurrency, was designed to enable faster and cheaper payments using blockchain technology. However, Monero takes the concept further, letting users conduct anonymous, ring confidential transactions using its infrastructure.

Having been around since 2009, several investors consider BTC a store of value, both retail and institutional, due to its steep price and fixed supply of 21 million coins. The lower XMR price makes it a more accessible cryptocurrency for smaller investors.

Popularity and Availability

Although the Monero price is far lower than that of Bitcoin, its privacy concerns limit the number of exchanges it is listed for trading. On the other hand, Bitcoin is listed on almost every cryptocurrency exchange and is also available for purchase via several different avenues.

History of Monero and XMR

Monero launched officially in April 2014 on the Bitcointalk forum, although a previous version launched a month prior, known as Bytecoin. Bytecoin ran into controversy almost instantly as its supply was 80% pre-mined. Bytecoin was forked into BitMonero, which underwent another fork to become the Monero project.

September 2014 saw Monero recover from a spam attack, followed by the release of Monero Research Lab Papers. Version of the project was released in December 2014.

Over the years, the developers actively released several upgrades to improve the cryptocurrency, increasing its user privacy features and effectiveness. Over time, the minimal ring size continued to grow, the consensus mechanism became more robust, and XMR transactions got faster.

One of the most notable recent developments in Monero was the launch of atomic swaps between Monero and Bitcoin in August 2021. Looking ahead, the team of developers plans to make Monero even more versatile with plans to launch Layer 2 solutions to increase the speed and scalability of the ecosystem.

How to Mine Monero (XMR)

Monero can be mined using CPUs as its hashing algorithm RandomX uses lesser computing resources and has a far lower mining hashrate than Bitcoin. This makes Monero mining far more affordable to perform. Here’s how you can mine XMR:

1. Invest in reliable mining hardware and install Monero mining software applications on the system. You can choose to perform solo mining or participate in pool mining, so pick your software based on this.

2. As a solo miner, you can keep all the rewards you earn for your efforts, but you may not get an opportunity to mine Monero frequently.

3. On the other hand, joining a mining pool can increase the frequency of your contributions, although you may have to part with a percentage of the block rewards you earn to the pool.

4. You also have the option to perform cloud mining, which involves computing resources hosted on the cloud to mine Monero. In this option, you can pay a fee to the hosting provider, utilize the computing power and earn block rewards for your efforts.

4. Select the right mining software based on the option which is most convenient for you.

5. Connect your Monero wallet to the mining software so that the block rewards you earn can be stored.

6. Configure the application and start generating XMR coins.

Monero (XMR) Price Analysis

Live Price

The live price of XMR is 144.1 USD, representing a decrease of -2.34% in the past 7 days and -1.17% decrease in the past 24 hours.

Historical Trends

The all-time high of XMR was 517.62 USD on 05-07, 2021, from which the coin is now down -72.16%.
The all-time low of XMR was 0.21 USD, from which the coin is now up 99.85%.
$ 0.21
$ 517.62

Get Your First Monero (XMR) with KuCoin

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Given the nature of the crypto market, the price of Monero (XMR) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.