Anonymously Buy Monero - Secure Private Untraceable
Governments are worried about bitcoin and how it affects their ability to control the monetary system. Monero increases their problem exponentially.
The cryptocurrency Monero was created in 2014 and address another problem; the traceability of bitcoin transactions i.e. the lack of anonymity in bitcoin transactions.
Many people seem to think bitcoin is untraceable and transactions are private. That is not correct. Numbers not names identify bitcoin wallets. If you make a transaction you reveal your number, and along with it, possible details of all your past transactions as well as how much money you have. There are ways to obfuscate bitcoin transactions and protect your privacy, or you could use a currency that has privacy at its core. The currency is monero (XMR) - an untraceable digital currency.
This post shows you how buy and store Monero anonymously.
① Open a Monero wallet
Cryptonator is a secure and anonymous multicurrency wallet. They offer applications for Android, iPhone/iPad, and there is desktop version.
Search your device's appstore from Cryptonator or visit their website - Cryptonantor to sign up. If you sign up using this link you will receive a bonus of US$10 after meeting the conditions: Cryptonantor
All that is needed is an email address. ProtonMail's secure email services is recommended. It uses end-to-end encryption and a free account can be opened - ProtonMail
It is recommended that you control your own private keys, especially if you hold significant amounts of a currency.
Monerujo is a lightweight Monero wallet available on Android. This is a wallet for more advanced users and gives you control over your private keys.
② Get some Monero (first get bitcoin)
The easiest way obtain Monero is to buy it with bitcoin which is relatively easier to get hold of. There are many ways to buy bitcoin. Two of the easiest quickest are Local Bitcoins and Paxful
Both platforms offer basic bitcoin wallets and provide an escrow service when buying bitcoin.
③ Get some Monero (using bitcoin)
Now that you have bitcoin and a Monero address, it is quite easy to obtain Monero.
①If you are using Cryptonantor First send your bitcoin to your Cryptonator bitcoin wallet.
The long number is your bitcoin address.
Copy that number and return to your the wallet containing your bitcoin. Send the bitcoin to your Cryptonator account by pasting the bitcoin address in the send tab.
Once bitcoin is confirmed you will be able to use Cryptonator's exchange function where you can exchange your bitcoin for Monero (or a number of other cryptocurrencies supported by Cryptonator)
②Monerujo is a wallet only so you will need to send Monero to the wallet. One of the quickest ways to exchange bitcoin for Monero is to use an exchange of which there are many. Shapeshift is an exchange which allows you enter a Monero address and deposit bitcoin (or other cryptocurrency) to exchange.
If you have a question please leave a comment below.