How and where to buy Monero XMR with debit or credit card in 2024

Cryptocurrency Guide » Buy cryptocurrencies » Buy Monero » Card

Precio Monero Monero

192.02 $ ▼-2.91%

Buying Monero with a debit or credit card is the best way to purchase XMR immediately, as it only takes a few minutes. Today, nearly all exchanges allow FIAT deposits with cards.

However, it is usually not the cheapest option. If you are looking to save on fees rather than time, perhaps the best option for you is buying Monero by bank transfer.

The most recommended alternative to acquire XMR is Binance due to its high security and low fees. It also has multiple advantages:

  • No fees for trading BTC and ETH.
  • Earn Simple, one of the most powerful staking systems on the market (in our opinion, only surpassed by Nexo).
  • Small amounts of free cryptocurrencies for playing weekly WODL or through their Launchpad.

To invest in Monero, just follow these steps:

How to buy MONERO XMR with card on Binance

  1. Register on Binance

    2. You only need an email and a password. You can do it through this link.

    Regulatory laws require regulated exchanges to request personal information - like a selfie or a photo of your ID. This process is known as KYC (Know Your Customer) and aims to combat money laundering and terrorist financing. If you prefer not to provide this kind of information, it is advisable to read the article about exchanges without KYC.

  2. Deposit FIAT money into your account using a bank card.

    3. You can do this in the "Wallets" menu, from the "Deposit" button and then in the "Fiat" tab, where you can choose from more than 25 different FIAT currencies to make your deposit. This process takes no more than 5 minutes.

  3. Open an order to buy XMR.

    4. To do this, we access the basic purchase from the Markets button, search for the ticker of our cryptocurrency (XMR in this case) and buy Monero in the "Buy XMR" panel.

    Not all cryptocurrencies have a pair with FIAT currencies. When you search for the ticker, the currencies you can exchange them for will appear. If your FIAT currency is not among them, you will have to take an intermediate step: Exchange the FIAT for one of the currencies on the list. Usually, these intermediate currencies are BUSD or USDT. They are a type of cryptocurrency called stablecoins whose value is always 1:1 against the dollar. That is: You will not lose money in this intermediate transaction. You will only have to pay the commissions, which in the case of Binance are very low, only 0.1%.

  4. Once your order is executed, you will have Monero in your Binance wallet. Enjoy all its benefits!

Binance is the largest cryptocurrency exchange in the world by daily volume and by a significant margin from the second. Even with this volume, Binance has not had any significant security incidents, making it a safe place to buy, sell, and deposit your cryptocurrencies.

However, it's not the only one. There are many other exchanges in the market that are equally as secure as Binance. It's not a bad idea to register with another one to explore other exchanges and see if there is one that better suits you. Some of our recommendations are:

  • bit2me is the largest Spanish exchange. It has become one of the big exchanges thanks to its competitive commissions in the Pro version, Earn - its staking service - or its token Launchpad, among many other services. If you access through our link, you will receive a bonus of €10 if your first purchase is €100 or more. You can buy XMR on bit2me if you register here.
  • Huobi is one of the largest exchanges in the market, with a wide range of cryptocurrencies. You can buy Monero on Huobi if you register here.
  • Gate.io is another of the great exchanges due to its low fees and its large number of cryptocurrencies. In addition, if you register with this link, you will enjoy a 10% discount on fees forever and $30 for depositing a minimum of 0.05 BTC in any currency.
  • KuCoin will surely be one of the best platforms to buy XMR due to its low fees and its wide range of available cryptocurrencies. However, you cannot buy cryptocurrencies with a bank card on its platform. If you still want to try KuCoin, it has a 5% discount on fees forever if you register through this link.