Bitcoin Forum
May 25, 2024, 03:09:24 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: buying monero on getmonero.org and then transfering it to a hard wallet  (Read 72 times)
jakesun64 (OP)
Jr. Member
*
Offline Offline

Activity: 47
Merit: 6


View Profile
May 06, 2021, 02:45:02 PM
 #1

I am a newbie to all this. Is it possible to buy monero on getmonero.org using their software, and then transfer it to a hard wallet. Are there any fees to do this? Online storage is not as safe, so I want it stored on  a hard wallet. If I would trust anyone with my monero online though, it would be getmonero.org. I have a computer that I have had for quite a while, I don't like the thought of any kind of malware, keystroke loggers or any similiar things on my computer when buying and storing online. I do have a good antispyware installed, but I still don't trust that I dont have something on my computer that could jeopardize my online coins. But since I would only have a relatively small amount online at a time, and would transfer it to the hard wallet, I feel this is a good solution to store monero. Any thoughts?
mocacinno
Legendary
*
Offline Offline

Activity: 3402
Merit: 4984


https://merel.mobi => buy facemasks with BTC/LTC


View Profile WWW
May 06, 2021, 02:51:25 PM
 #2

I'm not a monero holder, but i quickly glanced at getmonero.org.
It seems to be a project page listing the exchanges and reference wallet (plus links to other wallets). This means you wouldn't be buying your monero from getmonero.org, nor would you be storing them in an online wallet (unless you specifically chose to pick one of the online wallets from their list).

You'd be buying monero from an exchange... Which is where most people buy their crypto... You can do P2P trades, but most people get their crypto trough an exchange (AFAIK). Some exchanges enforce a KYC policy, other are more private...

Once you buy the monero, you can transfer them to a hardware wallet, yes... You can probably do this straight from whatever exchange you pick, there should be no need to go "exchange" => "intermediate wallet" => "hardware wallet"... Instead, go "exchange" => "hardware wallet"...Both trezor and ledger support monero... And yes, you'll have to pay a fee in order to make the transfer.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
decodx
Hero Member
*****
Offline Offline

Activity: 1442
Merit: 934


🇺🇦 Glory to Ukraine!


View Profile
May 06, 2021, 02:56:34 PM
 #3

@jakesun64, this isn't appropriate for this forum board. This discussion board is dedicated to Bitcoin and Bitcoin-related topics. Your altcoin-related question doesn't fit that description.
You should move your thread to Altcoin Discussion: https://bitcointalk.org/index.php?board=67.0

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
jakesun64 (OP)
Jr. Member
*
Offline Offline

Activity: 47
Merit: 6


View Profile
May 07, 2021, 01:58:43 PM
 #4

I'm not a monero holder, but i quickly glanced at getmonero.org.
It seems to be a project page listing the exchanges and reference wallet (plus links to other wallets). This means you wouldn't be buying your monero from getmonero.org, nor would you be storing them in an online wallet (unless you specifically chose to pick one of the online wallets from their list).

You'd be buying monero from an exchange... Which is where most people buy their crypto... You can do P2P trades, but most people get their crypto trough an exchange (AFAIK). Some exchanges enforce a KYC policy, other are more private...

Once you buy the monero, you can transfer them to a hardware wallet, yes... You can probably do this straight from whatever exchange you pick, there should be no need to go "exchange" => "intermediate wallet" => "hardware wallet"... Instead, go "exchange" => "hardware wallet"...Both trezor and ledger support monero... And yes, you'll have to pay a fee in order to make the transfer.
 

Thanks. i have heard someone say that when you buy a hardware wallet with bitcoin, they know you bought the hardware wallet, but this does not prove that you bought a cryptocurrency with it if you only store and buy monero with it. Atleast they have no idea what, who, or how much was done on it, is this correct?
jakesun64 (OP)
Jr. Member
*
Offline Offline

Activity: 47
Merit: 6


View Profile
May 07, 2021, 02:00:30 PM
 #5

@jakesun64, this isn't appropriate for this forum board. This discussion board is dedicated to Bitcoin and Bitcoin-related topics. Your altcoin-related question doesn't fit that description.
You should move your thread to Altcoin Discussion: https://bitcointalk.org/index.php?board=67.0


Ok, thanks, I will move these subjects over there in the future.
mocacinno
Legendary
*
Offline Offline

Activity: 3402
Merit: 4984


https://merel.mobi => buy facemasks with BTC/LTC


View Profile WWW
May 07, 2021, 02:05:09 PM
 #6

Thanks. i have heard someone say that when you buy a hardware wallet with bitcoin, they know you bought the hardware wallet, but this does not prove that you bought a cryptocurrency with it if you only store and buy monero with it. Atleast they have no idea what, who, or how much was done on it, is this correct?

That's a rather tricky question TBH... Monero is a privacy-oriented coin, but if you buy a hardware wallet online using a credit card (or paypal, or wire transfer) and have it shipped to your home, then buy monero on a KYC exchange using a credit card (or paypal or wire transfer) and withdraw said monero to an address generated with your hardware wallet, i'm pretty sure certain 3 letter agencies will be able to track you down if they really wanted to.

You would have to buy the monero P2P using cash, then transfer it to an intermediate wallet (so the seller loses the trail) and then move it to your hardware wallet... I guess that would make it harder to track.

Anonimity is a bit of a discussion point in this community. I, for one, think it's perfectly fine if you (or anybody else) don't want any invasion of your privacy and start using mixers, coinjoin or privacy coins. Others will probably think it's sketchy...

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
jakesun64 (OP)
Jr. Member
*
Offline Offline

Activity: 47
Merit: 6


View Profile
May 07, 2021, 02:10:58 PM
 #7

Thanks. i have heard someone say that when you buy a hardware wallet with bitcoin, they know you bought the hardware wallet, but this does not prove that you bought a cryptocurrency with it if you only store and buy monero with it. Atleast they have no idea what, who, or how much was done on it, is this correct?

That's a rather tricky question TBH... Monero is a privacy-oriented coin, but if you buy a hardware wallet online using a credit card (or paypal, or wire transfer) and have it shipped to your home, then buy monero on a KYC exchange using a credit card (or paypal or wire transfer) and withdraw said monero to an address generated with your hardware wallet, i'm pretty sure certain 3 letter agencies will be able to track you down if they really wanted to.

No I would buy the hardwallet with bitcoin, and convert it to monero on a decentralized, p2p exchange, that does not have kyc.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!