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28

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 purchase by GBP Bank transfer Bitfinex - US dollar USD wire transfer disabled LiteBit - Online Exchange supporting multiple fiat purchase options including SEPA ...


17

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 Monero. Payment IDs are needed when sending to an exchange, such as Poloniex or to a merchant. It allows Poloniex to confirm the transaction is yours, ...


14

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 risk). Cryptopia offers the most XMR trading pairs of any exchange including an XMR/AEON pair. Its current limitation is very low trading volume compared to the ...


14

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 on the reason Poloniex shut down, decentralized options such as Bitsquare would likely benefit the most. No hard fork would even be considered to recover the ...


12

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 something: #!/bin/bash # XMR BitBar ticker, by Riccardo Spagni # # Shows last trade value for BTC/XMR on Poloniex XMR=$(curl -s "https://poloniex.com/public?...


10

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 relevant. You can learn more about BinaryFate, one of the founders of XMR.to, in this podcast. The website has no registration. However, they log your IP address. ...


9

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 HelloMonero page. The CoinGecko ticker you linked to is meant to create website or blog widgets not your desktop: Looking for a cryptocurrency price widget which ...


9

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, exchanges have to deal with people sending very small amounts of every coin, as they mine directly to the exchange address, or if they don't, they send ...


9

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 from the wrong chain it sends miners will be just that: on the wrong chain. It will therefore only appear in wallets running the wrong chain. This will ...


9

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. because they use just one address for receiving funds from different users and PID is the only way they can tell apart transactions coming from different users. If ...


8

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 exchanges don't need to spend much development time to implement most altcoins. Monero is based on CryptoNote, which is a new protocol and very different from ...


8

Tux exchange added Monero with integrated addresses:


7

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 resulting inability to reliably send a transaction without delay. According to your comments below I understand you were using the "precise" Shapeshift conversion ...


7

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 Monero codebase, I am one of the directors of MoneroDirect.


6

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 of the increased volume of the new and shiny Monero that hit the exchange, it was able to refund all costumers.


6

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 207k USD, with most of that concentrated at poloniex. There is one p2p trading service that you can check the volume on - bitsquare, but I don't think they're ...


5

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 - there is Monerod (aka bitmonerod), which is responsible for the p2p network functionality, and then there is monero-wallet-cli (aka simplewallet) which performs ...


5

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 Bitcoin. This may be the reason that Monero hasn't been integrated with other exchanges, but in the near future this should be one less hurdle.


5

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 (just rescan_spent is enough, and it is a lot faster), but it is not widely known, and some people tend to go for the nuclear option first (rescan_spent also did ...


5

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 directly with another person. This makes the process lean and fast, as there is no corporate overhead. You get your Monero instantly. Also, LocalMonero.co can ...


5

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, see eg https://github.com/tippero/python-monero/ for an example). There is also the fact that the node and wallet are separate binaries. Also, RPC is ...


4

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 started in January, 2017. Update: As of August, 2017 there are at least two more exchanges that support integrated addresses including Tux as mentioned in this ...


4

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 been efforts to automate the generation of integrated addresses in order to make implementation easier


4

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 seed into a standard Monero public address, private view key and private send key. This is very risky and requires that you trust the website. If you don't (and ...


3

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.


3

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 comply with the Bank Secrecy Act to detect and prevent money laundering. IANAL.


3

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 volume at http://coincap.io/XMR or for more details check out http://coinmarketcap.com/currencies/monero/#markets


3

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 with Cash: https://moneroforcash.com/# https://www.easymonero.com/


3

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 with those funds, as long as you can prove that they were sent by you or on your behalf.


3

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 XMR to your own wallet, you don't need to enter anything into the XMR Withdrawal field aka payment ID. But if you want to transfer XMR to a wallet at an exchange, ...


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