28 votes
Accepted

What options are available for directly buying Monero with fiat currency?

For direct purchase of Monero with fiat currencies there are now multiple options: Livecoin - Online Exchange supporting Wire transfer (SWIFT) and other options Coincut - Online Exchange allowing ...
MMAfan's user avatar
  • 607
18 votes

What is a payment ID, and why is it used?

This post from a while back on Reddit documents what a payment ID is and how it is used quite nicely. Note that an integrated address includes a payment ID and is a preferable way to send and receive ...
sgp's user avatar
  • 8,806
14 votes
Accepted

Is there any exchange that offers a Monero/Aeon trading pair?

Currently there are two exchanges that offer direct XMR/AEON conversion each with its own limitations/warnings. The third option would be direct OTC trades (optionally with an escrow agent to reduce ...
Smart Kid's user avatar
  • 6,563
14 votes
Accepted

If Poloniex was hacked or shutdown, what effects would that have on Monero?

It would hurt Monero users who rely on exchange wallets instead of offline cold storage. Volume would quickly move to other exchanges such as Cryptopia, Bittrex, Shapeshift and Bitsquare. Depending ...
Big Things's user avatar
12 votes

Does a Monero desktop ticker exist?

I struggled to find a good menubar ticker for OS X, and eventually settled on using BitBar with a small plugin I wrote. Just drop this into your BitBar plugins folder and call it xmrrate.30s.sh or ...
fluffyponyza's user avatar
  • 5,089
10 votes
Accepted

What is XMRdotTwo?

You are probably referring to XMR.to, a website that allows people to make anonymous payments to a Bitcoin address with Monero. XMR is the trading symbol for Monero, which is why the domain is ...
sgp's user avatar
  • 8,806
9 votes
Accepted

Does a Monero desktop ticker exist?

There is no "official" Monero desktop ticker but there is a Monero Monitor Chrome add on and available source code from community member bigreddmachine and a Firefox add on mentioned on the same ...
254123179's user avatar
  • 4,566
9 votes
Accepted

Usage of a zero mixin (ring size =1)

It is known that Poloniex switched to non zero mixin for a short time for withdrawals. However, they reverted to zero not long after, and I believe this to be due to the increased fees. Unfortunately, ...
user36303's user avatar
  • 34.9k
9 votes
Accepted

Failure of an exchange or pool to upgrade to Monero v0.10.1 by January 5th

Miners will lose what they would have gained if the pool had been on the right fork: any block mined on the wrong fork will eventually get reorganized away. If the pool's on the wrong fork, any money ...
user36303's user avatar
  • 34.9k
9 votes

What is a payment ID, and why is it used?

Payment ID is really a message attached to the TX. It can either be encrypted or unencrypted, depending which scheme is used. Usually it's only important when sending to exchanges, services etc. ...
JollyMort's user avatar
  • 19.9k
8 votes
Accepted

How do exchanges adopt Monero?

Many altcoins fork from Bitcoin so their codebase is often not much different from Bitcoin. That's why it's relatively easy to make all existing tools work with a coin forked from Bitcoin. Therefore ...
onefox's user avatar
  • 985
8 votes

Exchanges that support integrated addresses

Tux exchange added Monero with integrated addresses:
Dâniel Fraga's user avatar
7 votes
Accepted

Why is my ShapeShift transaction being denied?

Circle is currently taking hours to process There is nothing wrong with using Shapeshift to exchange BTC for XMR. The problem you are having is because of your use of a 3rd party wallet and the ...
Smart Kid's user avatar
  • 6,563
6 votes

If Poloniex was hacked or shutdown, what effects would that have on Monero?

A hack of poloniex would most likely not be the end, as it has already happenend back in March 2014 (https://bitcointalk.org/index.php?topic=499580). Poloniex took the repsonsibility and with the help ...
stke's user avatar
  • 702
6 votes
Accepted

Average daily trading volume

You can see the total daily volume on non-p2p exchanges and broken down market here: http://coinmarketcap.com/currencies/monero/#markets Over the last 24 hours the total volume was about 316 BTC or ...
jwinterm's user avatar
  • 4,403
6 votes

What options are available for directly buying Monero with fiat currency?

Adding to the list: https://monerodirect.com - buy Monero with Euro, GBP, or USD. (We can add other currencies if there's sufficient demand.) Disclaimer: In addition to being a contributor to the ...
hyc's user avatar
  • 4,233
5 votes

How do exchanges adopt Monero?

Monero uses a completely different codebase than bitcoin, and the codebase is poorly documented (though its getting better) . For instance, Monero's software architecture is strikingly different - ...
Ginger Ale's user avatar
  • 5,686
5 votes
Accepted

Is Monero more or less complicated than Bitcoin to integrate into exchanges?

As I understand it, right now it's slightly harder due to the interface that Monero uses, but this is in the process of being standardised so it can be seamlessly integrated with exchanges just like ...
ferretinjapan's user avatar
5 votes
Accepted

Is there any way to force someone to rescan their wallet?

Not that I know of, but failed transactions and reorgs can get the wallet's idea of what outputs are spent to get out of sync with the blockchain. This does not require a rescan of the blockchain (...
user36303's user avatar
  • 34.9k
5 votes

What options are available for directly buying Monero with fiat currency?

The Monero analog of LocalBitcoins.com https://localmonero.co First on the market! On LocalMonero.co you are dealing with humans. Unlike centralized cryptocurrency exchanges, you make a trade ...
LocalMonero's user avatar
5 votes
Accepted

Difficulty in integrating and supporting Monero

Yes, there are further reasons. For instance, Monero RPC does not have equivalents of events for new block or transaction received. This means one has to poll (though this is not overly complicated, ...
user36303's user avatar
  • 34.9k
4 votes
Accepted

Exchanges that support integrated addresses

Poloniex is the exchange with the most Monero liquidity currently and now supports integrated addresses Another large exchange Kraken has supported Monero integrated addresses since XMR trading ...
1010101 Lifestyle's user avatar
4 votes

Exchanges that support integrated addresses

There are not any major exchanges that support integrated addresses yet, but that is likely to change: Shapeshift is having its development team look into supporting integrated addresses There have ...
Smart Kid's user avatar
  • 6,563
4 votes

MyMonero is down again, how do I get my money out?

Yes, it's possible to get it out, although the process is a bit complicated, because MyMonero does not use the standard 25-word seeds. Use https://xmr.llcoins.net to convert your MyMonero 13-word ...
lambshaanxy's user avatar
3 votes

Does a Monero desktop ticker exist?

If you're on a Mac, Coin Tick (on the App Store) is pretty nice. Covers all the cryptocurrencies on coincap.io and uses their API to update.
tficharmers's user avatar
3 votes
Accepted

If I was to open a US based XMR exchange what laws I need to consider?

At the very least you would have to register as a money services business, which Poloniex and I believe Bittrex both have, and then as a MSB you would have to perform KYC/AML and record keeping to ...
jwinterm's user avatar
  • 4,403
3 votes

Average daily trading volume

Most of the volume $100k+ is on https://poloniex.com/exchange#btc_xmr There is like $1-10k volume daily over on https://bittrex.com/Market/Index?MarketName=BTC-XMR You can see a quick total daily ...
JohnHanks's user avatar
  • 741
3 votes

What options are available for directly buying Monero with fiat currency?

updated answer (Sept 2016) since there are new fiat <-> crypto exchanges available: buy/sell Monero with fiat using SEPA/PayPal: http://orillia.be https://anycoindirect.eu/en buy/sell Monero ...
stke's user avatar
  • 702
3 votes

Monero transaction from kraken to bitfinex stucks in status confidential transaction

If you sent to an address owned by someone else (Bitfinex), then you cannot use a wallet to recover the funds. It is the responsibility of the address owner (the exchange, Bitfinex) to credit you ...
scoobybejesus's user avatar
3 votes
Accepted

What is the XMR Withdrawal field for when there is another address field on top for Binance?

This really is kind of misleading at Binance and i think they do it on purpose. The field XMR Withdrawal Address is the wallet. The field XMR Withdrawal is the payment ID. If you want to transfer ...
Endogen's user avatar
  • 812

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