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Monero on buy sell and deposit XMR in 48 states

Monero XMR

Justin Ehrenhofer recently expressed, “We’re delighted to share that you can now buy / sell / deposit / withdrawal Monero (XMR) in 48 states using the new Kraken mobile app.”

Also, the community were alerted on:  COMIT’s XMR <-> BTC Atomic Swaps tool is already available on mainnet.

Previously Ricardo Spagni expressed: Been getting a few questions about the collapse of Freenode (the IRC service) & how it affects Monero’s community channels there. We have a project namespace on Libera Chat.

Over the coming days we’ll be discussing the way forward with the community, and particularly with the IRC moderators and channel operators. Staying on Freenode is unlikely, as it appears the new owners have started extensive logging, and will be selling user data.

It is possible, even likely, that they’ll start logging private messages. This is clearly untenable for Monero’s community! If you’re connecting to Monero’s IRC channels using the Matrix, MatterMost, or Slack bridges, then don’t worry, any change will be transparent to you.

There are several ways to buy Monero. Some methods are more private than others. Those who are interested in acquiring XMR should read the content by Monero OutReach. For those who are new:

“The properties of currency relevant to buying Monero are the following:

  • Fungibility – The idea is that 1 XMR will always be equal to another 1 XMR no matter its history and cannot be tainted or discriminated against. Fungibility can be enforced by government policy or created by privacy-focused technology, as with Monero.
  • Decentralization – Currency centralization is about control and surveillance. Any centralized payment method to buy Monero is heavily watched. The other effect of centralization when it comes to buying XMR is the tendency toward high transaction fees.
  • Immutability – Transactions should be unchangeable by anyone for any reason. This means that no one can reverse your payments or freeze your funds. Decentralized immutability is the whole point of blockchain technology.”

The content explores several other ways like buying using electricity, cash, bearer instrument, at ATM, with crypto, with credit and debit card, PayPal, and Bank Transfer.

It is worth entering Entering Monero – a system designed to keep your finances secure and confidential, by default and consistent with the General Data Protection Regulation (GDPR – EU).

Monero is designed to keep your finances confidential by default, whilst allowing selective transparency through view keys. ‘Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. Privacy is the power to selectively reveal oneself to the world.’


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