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Guide how to buy XMR

2020.06.19

First you enter your address (street, house number, city, country). To verify this, Kriptomat needs a photo or a scan of your passport or identity card. In contrast to other exchanges, Kriptomat has found a simple solution. If you have done the registration on your desktop PC so far, you can simply continue the registration process on your smartphone. Kriptomat will send you an SMS with an individual link. This allows you to take a picture of your badge on your smartphone and upload it to Kriptomat. The same applies to the last step, a selfie from you.

Although Kriptomat is still a comparatively young crypto exchange, there are very good arguments why the exchange is our first option for buying Monero. The website currently offers over 30 cryptocurrencies for purchase by SEPA bank transfer, credit card or Neteller. In line with the exchange’s motto “Crypto for everyone”, the focus is on a simple and modern user interface to enable really everyone, regardless of experience level, to buy cryptocurrencies. In our opinion, this has succeeded very well!

Now that you have mastered the registration and verification process, the actual purchase process of Monero (XMR) is a breeze. When you are on your account overview page, click on the tab “Buy/Sell” (step 1) and then select the tab “Buy” (step 2). You can then select Monero (XMR).In the area below, under “Payment methods”, you will then find the payment options mentioned above (step 3). In the fourth step (see screenshot) you only have to enter the purchase amount and click on “Buy Monero”. You will then be taken to a new overview where you can see the transaction fees for the order and, if everything is correct, you can finally complete the purchase by clicking on “Confirm transaction”.

Author : Collin Brown