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How to Buy Monero (XMR)

Looking to buy Monero(XMR)? You can purchase XMR through Web3 wallets, decentralized exchanges (DEXs), or supported centralized exchanges in just a few steps. This guide walks you through the best ways to buy Monero, and how to store and manage your XMR securely after purchase.

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Where Can I Buy Monero (XMR)?

Even though Monero is not listed on BingX yet, you can buy it using Web3 wallets, decentralized exchanges, or reputable centralized exchanges that list XMR. Once you buy Monero elsewhere, you can transfer it to your own wallet, and later deposit it into BingX when trading becomes available.
Why Is Monero Not Listed on BingX Yet?
Monero undergoes standard listing reviews for security, liquidity, and project integrity. Once approved, Monero could be supported on BingX Spot, Convert, and Earn products. Sign up now to be notified when Monero becomes available.

Choose How to Buy Monero

  • Buy Monero on BingX ChainSpot
    BingX ChainSpot offers access to early-stage Solana ecosystem tokens directly from your BingX account.
    1. Navigate to ChainSpot: In the BingX app or website, go to the Spot tab, then select ChainSpot.
    2. Fund your Spot account: Ensure you’ve finished Advanced KYC and have USDT in your Spot Account.
    3. Search for XMR: Use the ChainSpot search bar or select XMR from the Solana-supported asset list.
    4. Enter the amount of XMR to buy: Specify how much USDT you want to swap into XMR. Only market orders are supported on ChainSpot.
    5. Receive XMR: Check the output, fees, and contract details, then confirm the order; ChainSpot executes the swap on-chain and deposits Monero straight into your BingX Spot Account with no external wallets or bridging required.
    Pro Tip: ChainSpot eliminates the need for external wallets or manual bridging, but on-chain swaps may still incur Solana gas fees and be affected by liquidity or price volatility.
  • Buy Monero on a Decentralized Exchange (DEX)
    Alternatively, you can buy Monero on DEXs without KYC by using a compatible Web3 wallet.
    1. Set up a Web3 wallet: Create a compatible Web3 wallet, such as Trust Wallet, MetaMask, or Phantom, and fund it with a base token like USDC, USDT, WETH, or BNB. Make sure your wallet supports the network your token is on. For example, MetaMask supports Ethereum and most EVM chains.
    2. Connect to a compatible DEX: Connect your wallet to a DEX to buy Monero without KYC, e.g., use Uniswap for Ethereum tokens, and Raydium for Solana-based tokens to ensure full compatibility.
    3. Search for XMR: Choose the XMR pair and enter how much USDC or other base currency you want to swap into XMR.
    4. Swap for Monero: Set slippage, review gas fees, and approve the swap. Your Monero will arrive once the transaction is confirmed on-chain.
    Pro Tip: On-chain purchases include gas fees and carry slippage, liquidity, and smart contract risks. You are fully responsible for self-custody.
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  • Buy Monero on a Supported Centralized Exchange (CEX)
    Centralized exchanges (CEX) are the simplest and most popular way to buy XMR. Perfect for beginners.
    1. Choose an exchange: Choose a reputable exchange or platform that lists Monero in your region.
    2. Create and verify account: Sign up using your email address, create a secure password, and verify your identity by submitting a valid ID and, if required, proof of address to begin trading in a compliant and secure manner.
    3. Add a payment method: Deposit funds using fiat like USD, EUR, etc., or crypto like USDT, BTC or ETH.
    4. Buy XMR: Search for XMR, select a trading pair like XMR/USDT, choose Market or Limit, enter the amount you want to purchase, and place the order.
    5. Store Monero: Withdraw XMR to your own wallet for self-custody if desired, and later deposit it into BingX once supported.
    Pro Tip: Always pick a reputable exchange with strong security, low fees, and good reviews. A few minutes of research can save you a lot.
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  • Buy Monero via Token Swap on a Web3 Wallet
    You can buy XMR through token swaps in Web3 wallets for a quick, KYC-free option.
    1. Get a Web3 wallet ready: Install MetaMask, Trust Wallet, Phantom, or another wallet compatible with XMR’s blockchain.
    2. Fund the wallet: Add a base token like USDT, ETH, or SOL via an on-ramp service or by transferring from BingX.
    3. Prepare gas fees: Ensure you have the blockchain’s native token such as ETH, BNB, or SOL to cover gas costs for the swap.
    4. Swap for XMR: Open the wallet’s Swap feature, choose the base token as the input and XMR as the output, review slippage and estimated output, and confirm the transaction.
    5. Receive XMR: Once the transaction is confirmed on-chain, XMR will appear in your wallet.
    Pro Tip: Wallet swaps may have higher fees, limited network support, and require full responsibility for safeguarding your private keys.
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What Can You Do with Monero After Buying?

  • Hold Monero

    Hold Monero

    Store XMR securely in a self-custody wallet or hardware wallet if you're planning long-term storage.

  • Trade XMR

    Trade XMR

    Buy or sell Monero on reputable DEXs or CEXs where it is listed, or use trading bots and automation tools available on those platforms.

  • Earn Monero

    Earn Monero

    Stake or use XMR in staking pools or DeFi platforms if supported, participate in governance, or access ecosystem features and utilities built around Monero.

  • Store or Transfer Monero

    Store or Transfer Monero

    Send XMR to a hardware wallet for long-term security, or transfer it to other wallets or users anytime for payments, swaps, or portfolio management.

How to Safely Store Monero

  • The safest way to store Monero is in a self-custody wallet where you control your private keys, like MetaMask, Trust Wallet, or hardware wallets like Ledger or Trezor.Once Monero is listed, you can deposit it into your BingX Spot Account for secure trading and easy access to BingX features.

FAQs About Buying Monero (XMR)

Why isn’t Monero listed on BingX yet?

New assets must pass BingX’s internal review process, which evaluates security, liquidity, compliance, project fundamentals, and overall listing readiness before being made available for trading.

Where can I buy Monero now?

How do I transfer Monero to BingX later?

What is the safest way to buy Monero?

Can I buy Monero without KYC?

Monero Investment Calculator

See how much a $100 Monero investment from your selected year would be worth today, based on historical data.
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Check the real-time XMR/USDT exchange rate before placing any purchase order. Remember, past performance is not a guarantee of future results.

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