My Experience Buying Monero

Buying the crypto currency Monero is currenlty not a very straigh forward proccess. Despite it being arguably one of the best designed crypto currencies in the world. Do to its powerfull features, many exhanges refues to list it in fear of breaking regualtions. However I am confident that in the near future we will see technology do away with this red tape and the real value of this technology will be realised. A complelty peer to peer anonymouse cash.

So if like me you would like to purchase monero, you can read this blog post and try to copy the method I used to purchase my first monero.

Ok, the main think to understand is the infustructure that is avalible as the “nominclature” or crypto lingo can blur what is really going on, and can over complicate things. So to keep thinks simple I am going to explain things in terms of servers, computers and the market.

The other think to understand is what the difficult parts are. In short, converting governtment fiat money to crypto anonimously is the difficult part. Then converting a crypto to another crypto is the easy part.

Converting one crypto to another crypot is called a “swap”.. but what does this mean exactly?

If we look at this from a infistructure perspective, what is happending.

When you do a “swap” you are submitting a trade request to a

What do we have here..

Exchanges Decentralised exchanges Marketplaces Agregartors Customers Vending machinese / atomic swaps