How to Buy Moreno?
Moreno is a very unique cryptocurrency that has been able to find solutions to the various problems plaguing the top cryptocurrencies such as Bitcoin and Ethereum like the issue of privacy and exchange abilities. Moreno has been able to function in places where the top cryptocurrencies have failed. The features of moreno are very unique, it has the ability to keep transactions, links and funds anonymous and private and this is done with the ring signature and stealth address features that are synonymous to moreno cryptocurrency. Moreno is not available on a number of top cryptocurrency exchange platforms, only a few exchange platforms that moreno is available on and they are as follows.
- Poloniex
- ShapeShift
- Bittrex
- Changelly
The very first step to take before the purchase of moreno is to have a moreno wallet to enable you store and send moreno. However, all the various exchange platforms require the purchase of bitcoin before moreno can be bought. The best places to buy bitcoin are coinbase, coinmama and circle. The following are the simple ways by which moreno cryptocurrency can be purchased.
- Poloniex
Poloniex is regarded as one of the main exchange platforms for moreno and it is a very great option to use as this platform is wide used by cryptocurrency users. The following are the steps to take when purchasing Monero on the poloniex exchange platform.
- Create a poloniex account
- Visit the ‘balances, deposits and withdrawals’ page
- To option a BTC address where you can be able to transfer your funds to poloniex, click on deposit.
- To view the moreno prices and the fluctuation of moreno on graphical representations, go to the BTC-XMR exchange page.
- To buy Moreno, click on the you have option and the bitcoin balance will show
- Click on the lowest ask option
- Then click on buy and transaction is complete as the moreno has been purchased.
- Changelly
This is one of the simplest method of purchasing moreno. As mentioned earlier, the first step to take is to purchase bitcoin from coinbase, coinmama or any other platform. The following are the steps to take when purchasing Monero on Changelly.
- Create a Changelly account
- Make use of Mymonero to produce a Monero address where the funds can be transferred to
- Label Bitcoin as the currency of deposit in Changelly, this will show that bitcoin is the deposit currency and moreno is the recipient currency
- Paste the bitcoin return address
- Send the bitcoin to the site of deposit processed by Changelly
- Finally, the transaction if complete and moreno has been purchased
- Bittrex
On the bittrex platform, there are easy steps to take that are available on the site upon the creation of an account. The steps available on the website have to be followed diligently to ensure transaction is made complete and moreno is purchased.
- With credit card
Just like all the other ways outlined below, bitcoin has to be purchased first before you can buy Moreno currency. You can make use of coinbase to buy bitcoin with your credit card and the process is simple and the restriction on this method is only a small amount of bitcoin can be bought at a time. After the purchase of the bitcoin, the various steps outlined above can be used to purchase moreno currency.
Conclusion
Several other exchange platforms such as kraken have started dealing with the moreno currency so therefore it wouldn’t be long before other major exchange platforms join the race.