Sell Monero with PayID safely using Haveno

Learn how to sell Monero (XMR) securely using PayID. Step-by-step guide to purchasing XMR with PayID money transfers.

PayID Logo
You can choose one of PayID's accepted currencies to estimate a trade based on current market rates
We don’t endorse or provide the use of any nodes as we cannot guarantee the safety of any of them; they are 100% community-hosted.
Monero Price
US$171.24
US$0.91 (0.53%)
High: US$175.60
Low: US$166.51
Trading Volume
$103,668
-$2,300 (-2.17%)
BSQ/USD: $0.75
Market Cap: $3,145,348

PayID is an Australian digital payment system that allows individuals and businesses to receive payments through simple identifiers like a mobile number, email address, or ABN (Australian Business Number), instead of traditional bank account details. It’s part of the New Payments Platform (NPP), designed to enable fast, easy, and secure payments within Australia.

Key Features of PayID

  • Simplified Payments: Allows users to link an identifier (like a phone number or email) to their bank account, making it easier to send and receive payments without sharing bank details.
  • Real-Time Transfers: Enables fast, near-instantaneous transfers, available 24/7, including weekends and public holidays.
  • Security: Built with advanced security protocols within the NPP, reducing the need to share sensitive bank information.
  • Wide Compatibility: Supported by most major Australian banks and financial institutions, ensuring broad accessibility across different banks.
  • No Fees for Standard Transactions: Most PayID transactions between individuals do not incur additional fees, making it cost-effective for personal and business use.

Use Cases for PayID

PayID is commonly used for: - Peer-to-Peer Transfers: Easily sending money to friends and family using a mobile number or email address. - Business Payments: Simplifies transactions for businesses by linking a PayID to an ABN, allowing customers to pay with ease. - Bill Splitting: Quickly splitting bills or sharing expenses without needing account details. - Online Purchases: Used by Australian businesses for easy and secure online payment options. - Subscription Payments: Ideal for recurring payments where users need a convenient and secure way to manage ongoing payments.

Advantages and Disadvantages

  • Advantages:
  • Easy to remember and use, without needing to exchange bank details.
  • Real-time transfers, available 24/7.
  • Free for most personal transactions.

  • Broadly supported by Australian banks, making it accessible and easy to adopt.

  • Disadvantages:

  • Only available within Australia, limiting international use.
  • Requires both sender and recipient to have a PayID-enabled bank account.
  • Some banks may impose limits on transfer amounts or have specific fees for business use.

Last time we checked, PayID accepts the following currencies:
  • Australian Dollar (AUD)
Please be aware that they may have since changed, so it's best to visit the provider's official website at this link PayID. It's important you also keep up to date with their terms of service to ensure such trades are permitted.

A step-by-step guide on installing Haveno for selling with PayID

Firstly, you'll need to download it for your operating system, haveno is fully multiplatform so there are several ways to do that including for your mobile device, you can choose to install via commandline or GUI installation below:

Click here to open Haveno Downloads Links page in a new tab. Then head back here for further instructions specifically related to PayID.

You'll be expected to provide which ever network (seednodes) you choose with your PayID details, as long as they support it. Which includes:
  • Your account number and email

An arbitrator should intevene and provide a resolution as the system has been designed in a way that allows members of the community to volunteer their time to arbitrate trades to keep a healthy ecosystem. If you feel as though you are not getting what you bargained for raise a support ticket and you may be contacted. It's extremely important to remember that Haveno is not FCA approved, nor do we interact with or associate with any network operators or any of the finances at any point during the process of a trade, you could lose 100% of your funds, we do not have the liberty to keep custody or intervine in any way should anything go wrong.
Order Book
Date Amount (XMR) Amount
2024-09-16 09:15:06 0.2497 40.36 EUR
2024-09-16 04:55:30 0.9049 239.79 AUD
2024-09-15 23:24:44 0.2526 41.71 EUR
2024-09-15 11:50:34 0.1013 18.61 USD
2024-09-15 09:04:47 0.5008 72.94 EUR
2024-09-15 05:29:20 0.2588 42.64 EUR
2024-09-15 03:06:19 1.855 287.89 EUR
2024-09-15 02:38:52 0.7344 0.002335 BTC
2024-09-14 21:28:50 2.841 501.71 USD
2024-09-14 15:19:36 3.997 0.01139 BTC
View more »
Trades
Date Amount (XMR) Amount
2024-09-16 09:15:06 0.2497 40.36 EUR
2024-09-16 04:55:30 0.9049 239.79 AUD
2024-09-15 23:24:44 0.2526 41.71 EUR
2024-09-15 11:50:34 0.1013 18.61 USD
2024-09-15 09:04:47 0.5008 72.94 EUR
2024-09-15 05:29:20 0.2588 42.64 EUR
2024-09-15 03:06:19 1.855 287.89 EUR
2024-09-15 02:38:52 0.7344 0.002335 BTC
2024-09-14 21:28:50 2.841 501.71 USD
2024-09-14 15:19:36 3.997 0.01139 BTC
View more »

What does this haveno data represent?

This accounts for an aggregration of all publicly available data that we collect from the networks we can find, by some it may also be considered the most accurate price of Monero as it has been well-established that centralized exchanges might often fake their reserves essentially manipulating the price of of Monero at the same time, that's not to say that couldnt happen here too, it's just less likely, in terms of where the data comes from, for example if there is a fork of the original repository we will check the data there and make it available to the public here on this page or via the free API. The data will update once every 5 minutes as it involves some heavy background progressing to aggregate it all. The website serves no other function than data aggregation.