What is Monero?
Monero is a secure, private and untraceable currency system. Its real focus is on annonymity. Monero uses a special kind of cryptography to ensure that all of its transactions remain 100% unlinkable and untraceable. The team behind Monero believe in a cryptocurrency that is electronic, decentralized, and private. Just like many of the other newer cryptocurrencies, transactions with Monero are fast and inexpensive.
How Can You Buy Monero?
Monero has not yet been widely accepted enough to be listed on any of the major exchanges like Coinbase. You can still purchase Monero as an Altcoin though via the other avenues listed below. Use your major cryptocurrencies to get Monero.
Cryptocurrency Trading
Since this is a trading education website I must assume that you are also interested in trading. Cryptocurrencies can be traded for cryptocurrencies or back into fiat currency via cryptocurrency exchanges. This is a style of trading with no leverage which makes it very easy to understand. You can trade with or without charts and therefore decide your own level of complexity. Most amateur traders diving into cryptocurrency are just looking to buy and hold certain cryptocurrencies because they believe in them. With or without charts, less or more involved, the options are both there.
Forex Traders: Monero Can be Traded on MT4
If you would like to trade Monero just as you would any fiat currency or commodity then there are several options. You can even trade on MT4 if that is the software you are used to using and a dedicated page for this has been created for this specific type of trading. Just click the button directly below and choose your Broker.
Binary Options Style Traders: Percentage Win/Loss 1-Click Trading
If you like the idea of 1-click buy or sell trading similar to Binary Options but much better, then there is a great option to do so with Monero. You can now just set the amount of money you wish to risk, at what percventage profit or loss you want out, and then click Buy. No need to own Monero, no need to risk any more than you want on each trade, no hassle and can be done from a mobile device, laptop or desktop.
