How To

How to buy Monero online with credit card or PayPal or debit card?

Monero cryptocurrency has become very famous in the recent days due to its inherent privacy features which are derived from the ringing structure subsumed in its algorithm. In the recent times, we have seen the rising in the prices of Monero cryptocurrency has gone to an extent where it reached the price of Dollar 300. Therefore people are very much attracted towards this cryptocurrency and want to buy Monero. In this piece of write up we shall explain the ways by which the cryptocurrency Monero could be purchased with easiness. Coinbase is world's biggest cryptocurrency exchange which is located in the nation of United States of America. Unfortunately there exist no way by which one can directly purchase the Crypto coin Monero from the Coinbase cryptocurrency exchange. Round tipping method is required to purchase the Monero cryptocurrency in the United States of America where first of all you need to buy the Bitcoin cryptocurrency which is the de facto standard of crypto phenomenon prevalent all around the world and particularly in Coinbase exchange. For using your credit card to purchase the Monero cryptocurrency first of all you need to buy the Bitcoin from the Coinbase cryptocurrency exchange. Then you need to go to a financial service provider the name of which is Binance and which is located in the nation of Austria to get your Bitcoins converted to Monero coin cryptocurrency. While purchasing the Bitcoins from the Coinbase cryptocurrency exchange you can use your credit card, debit card, or PayPal method. Very soon the purchased Bitcoins shall be reflected in your cryptocurrency wallet. Default wallet services are also provided from the Coinbase cryptocurrency exchange. You also have the choice of not picking up default wallet of Coinbase. You may choose your own cryptocurrency wallet which may either be hardware based or software depending upon your requirements. Then in the second step, you need to go to the Binance service provider and link your cryptocurrency wallet containing the purchased Bitcoins to its exchange outlet. After the linking of your cryptocurrency wallet with the Binance exchange has been done you have the choice of converting your Bitcoins to the Monero coin cryptocurrency using the prevalent prices of Monero coin cryptocurrency. If you wish you can also mine the cryptocurrency Monero using the application specific integrated circuits at your own disposal. Application specific integrated circuits are new age high power cryptocurrency hardware having greater efficiency than that of any other computing device.

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