How to buy Monero (XMR) in Australia

Learn how to buy Monero (XMR) easily by following a step-by-step guide and compare 10+ crypto exchanges.

Swyftx Cryptocurrency Exchange

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  • Buy XMR and 290+ cryptocurrencies
  • Fast online ID verification & deposits
  • Low fees and spreads
  • Demo mode for beginner traders
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How to buy Monero

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Monero.

  1. Open an account on an exchange that supports XMR.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Monero.
  3. Buy Monero.
    Complete your Monero purchase and then find the best wallet to store XMR.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Monero?

Monero (XMR) is the 47th largest cryptocurrency in the world by market cap, valued at $4,358,142,279. The current price of Monero is $241.92, which is 4.232% higher than yesterday. Prices have ranged between $242.54 and $231.16 over the past 24 hours. All prices are listed in US dollars and accurate as of December 03, 2021 08:12 UTC.

Where to buy Monero

Find an exchange to buy, sell and trade XMR by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

271
cryptocurrencies

Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

870
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

458
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit\/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
OKEx Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP & 20+ more

281
cryptocurrencies

Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
Bitfinex Professional Trading Exchange
Credit card, Cryptocurrency, Bank Wire
USD, EUR, GBP, JPY

171
cryptocurrencies

Cryptocurrencies are a highly volatile investment product. Your capital is at risk.
Spot trade all of the major cryptos on this full-featured exchange and margin trading platform.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

232
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
ShapeShift Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Banxa
-

50
cryptocurrencies

Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin.
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Monero at a glance

Information last updated December 03, 2021 08:12 UTC.
Coin symbol XMR
Coin Marketcap US$4,358,142,279
Circulating XMR 18,039,777
Current price US$241.92
All time high US$542.33

Monero price performance over time

Historical prices compared with the price of US$241.92.

1 hour -0.17%
24 hours 4.23%
7 days -2.45%
14 days 6.88%
30 days -12.06%
60 days -6.83%
200 days -38.27%
1 year 89.08%

How to sell Monero

You can cash out your XMR with the same exchange you bought it through:

  1. Sign in to the exchange you have XMR on.
    If you store your Monero in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of XMR you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Monero.

What to consider when buying Monero

Buying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk:

  • Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
  • Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
  • Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.

Disclaimer: Cryptocurrencies, including Monero, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of XMR is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Monero or any other cryptocurrency discussed.


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