How to use Monero (XMR)

A quick guide to setting up a Monero wallet, acquiring XMR, and paying invoices with private, untraceable cryptocurrency.

9 Mar 2022 1 min read Noiz

Overview

Monero is a privacy respecting electronic cash that allows for fast, inexpensive payments to and from anywhere in the world where every transaction is private and completely untraceable.

Get Started

Set up your Wallet

Download CakeWallet to create a Monero (XMR) wallet and follow their setup instructions.

Get some Monero (XMR)

Users can obtain Monero by:

Creating a new Bitcoin (BTC) wallet within Cake
Clicking ‘Buy’ to purchase Bitcoin using ApplePay or card payments
Exchanging the Bitcoin for Monero through the platform

Illustration of currency being converted to Bitcoin and then to Monero

Pay Invoices using Monero

To pay invoices in Monero:

Select ‘crypto payments’ as your payment method on outstanding invoices
Copy the wallet address provided
Select ‘Send’ from your Monero wallet and paste the address
Alternatively, scan the QR code from the Cake wallet app
Notify the recipient by sending the Transaction ID and Invoice Number via email or Telegram

Illustration of paying an invoice online with Monero from a phone and computer

For additional information, visit getmonero.org.

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#monero #cryptocurrency #wallet #privacy

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