Monero (XMR) Payment Guide
Complete guide to using Monero cryptocurrency for maximum privacy on WeTheNorth Market. Learn why XMR is superior to Bitcoin for darknet transactions.
Why Monero Instead of Bitcoin?
Monero (XMR) is the gold standard for private cryptocurrency transactions. Unlike Bitcoin, Monero is designed from the ground up for privacy:
| Feature | Monero (XMR) | Bitcoin (BTC) |
|---|---|---|
| Transaction Privacy | Private by Default | Publicly Visible |
| Address Tracing | Impossible | Easy |
| Transaction Fees | Low ($0.01-0.05) | Variable ($1-50) |
| Confirmation Speed | ~2 minutes | ~10-60 minutes |
How Monero Privacy Works
Ring Signatures
Your transaction is mixed with 10+ others, making it impossible to determine which is yours.
Stealth Addresses
One-time addresses are created for each transaction. Your public address is never revealed on blockchain.
RingCT
Transaction amounts are hidden using Confidential Transactions. No one can see how much you sent.
Step 1: Choose a Monero Wallet
Recommended Wallets:
đģ Official GUI Wallet (Desktop)
Download from getmonero.org - Full-featured, runs local node (requires 150GB+ storage)
Most Secuređą Cake Wallet (Mobile)
iOS/Android app - User-friendly, built-in exchange, good for small amounts
Convenientđ Feather Wallet (Lightweight)
Desktop wallet that connects to remote nodes - Fast sync, privacy-focused
BalancedStep 3: Depositing to WeTheNorth Market
- Log into WeTheNorth Market (through Tor Browser)
- Navigate to Wallet â Deposit XMR
- Copy your unique deposit address
- In your Monero wallet, send XMR to that address
- Wait for 10 confirmations (~20 minutes)
- Funds appear in your WeTheNorth balance
Next: Understanding the Escrow System
Learn how WeTheNorth protects your funds during transactions.