Monero (XMR) is a privacy coin created in 2014 by Nicolas van Saberhagen, what makes difference from Bitcoin is that its transactions can’t be traced. Bitcoin transaction can easily be traced because it has a public ledger that shows past and present transaction data publicly to anyone.
Monero transactions are not shown publicly on the blockchain and it’s very difficult to be traced or know how much Monero is being transferred on the Monero Blockchain. Monero is grouped in the classes of a coin that’s called privacy coins as they aim to protect the user’s identity and keep all transactions %100 private and untraceable.
How to buy Monero anonymously without an ID?
To buy Monero without an ID you should create an account with Localmonero.co a peer-to-peer trading platform that focuses on trading Monero anonymously.
Localmonero.co will not ask for ID or any KYC details, this means your Identity is %100 secured. We recommend you use PureVpn to increase your internet security while browsing the Localmonero.co website so that your Ip location cant be traced.
Step 1. Create an account
To buy Monero without ID should visit Localmonero.co click signup, fill in your details, your username, email, and password after you have done that click register.
Step 2. Verify your email
Your email asking you to verify your email click it and your email would be instantly confirmed.
Step 3. Buy Monero
To buy Monero anonymously go to the menu and click “Buy Monero” this would take you to a lot of active traders that would like to trade Monero, choose the cash by mail option. By choosing the cash by Mail option you would send your cash to the person which would have to be in your country. Select the amount of Monero you want to buy in USD and click request trade.
Step 4. Make your payment
Send your cash to the person you are trading Monero with once the person has received your cash your Monero would be released to your wallet instantly.
Step 5. Buy Monero wallet (recommend)
It’s recommended to buy a Monero wallet to secure your Monero from hackers and Malware. I recommend you purchase Ledger Nano S a cryptocurrency wallet that supports Multiple cryptocurrencies and is safe from Malware and hackers.
Step 6. Transfer your Monero
If you buy Monero from Localmonero.co it is recommended to transfer your Monero to a safe wallet to do this you would have to click your profile, click “wallet” now you would see the option to transfer your Monero. Insert your wallet address, the amount of Monero you want to transfer, and click “send.” after clicking send you should receive your Monero in a few Minutes.
Buy Monero anonymously is the best way to buy Monero, it is easy to buy Monero using Localmonero.co and it’s a well-known method to trade Monero worldwide.
Is Monero a good investment?
Monero has a high transaction per second than Bitcoin and has a low transaction fee adding up with its private transaction that can’t be traced, this makes Monero a good store of value.
Is Monero traceable?
Monero transactions are very difficult to trace, Monero hides the transaction of users and all transactions doesn’t display publicly on the blockchain.
Is Monero illegal?
Monero is not illegal, it privacy cryptocurrency that keeps user’s transactions private from the public.