Monero Guide for DrugHub

What is Monero?

Monero is a privacy-focused cryptocurrency launched in 2014. Unlike Bitcoin, Monero transactions are untraceable by default. Every transaction hides sender, receiver, and amount through cryptographic protocols:

• Ring Signatures: Hide sender among multiple possible signers
• Stealth Addresses: Create one-time addresses for each transaction
• RingCT (Ring Confidential Transactions): Hide transaction amounts
• Kovri (I2P integration): Hides IP addresses at network level

Monero Wallet Setup

Recommended Wallets

Wallet Setup Steps

1. Download wallet from official source only
2. Install and launch wallet application
3. Create new wallet (or restore from seed)
4. Write down 25-word seed phrase - store securely offline
5. Set strong wallet password
6. Backup wallet files to encrypted storage
7. Note your primary address for receiving XMR
8. Consider creating subaddresses for different purposes

Acquiring Monero

KYC Exchanges

Exchanges requiring identity verification offer convenience but reduce privacy:

• Kraken: Major exchange with good XMR liquidity
• Binance: Large selection, verify regional availability
• KuCoin: Lower KYC requirements for small amounts

Process: Create account → Complete KYC → Deposit fiat or BTC → Purchase XMR → Withdraw to personal wallet immediately

Non-KYC Methods

LocalMonero (P2P Exchange):

• Buy XMR directly from individuals
• Various payment methods (bank transfer, cash, gift cards)
• No KYC for most trades
• Built-in arbitration for disputes

Atomic Swaps (BTC ↔ XMR):

• Trustless exchange without intermediary
• Requires technical knowledge
• Completely private - no third party
• Use dedicated atomic swap tools

Cryptocurrency ATMs:

• Some ATMs support XMR purchases
• Cash to XMR without accounts
• High fees (5-15% typical)
• Limited availability

Mining Monero:

• CPU-mineable (no specialized hardware required)
• Completely private acquisition method
• Very slow - not practical for most users
• Consider as supplemental income only

Making DrugHub Payments

Payment Procedure

1. Browse DrugHub and add products to shopping cart
2. Proceed to checkout
3. DrugHub generates payment invoice with XMR address and exact amount
4. Open your Monero wallet
5. Create new transaction to invoice address
6. Enter exact XMR amount from invoice (copy/paste recommended)
7. Set appropriate priority (normal is fine for most purchases)
8. Review transaction details carefully
9. Send payment
10. Save transaction ID for records
11. Wait for 10 confirmations (approximately 20 minutes)
12. DrugHub detects payment and processes order

Payment Best Practices

• Exact amounts: Send precisely the invoice amount including all decimals
• Time limits: Complete payment within invoice expiration window (1-2 hours)
• Verify addresses: Double-check XMR address before sending - typos lose funds permanently
• Transaction priority: Normal priority sufficient for most orders
• Keep records: Save transaction IDs for dispute resolution
• Don't overpay: Excess XMR won't be refunded automatically

Monero Privacy Tips

• Run your own node: Use full Monero node for maximum privacy when possible
• Use subaddresses: Generate unique receiving address for each transaction
• Avoid exchange storage: Withdraw XMR to personal wallet immediately
• Churning: Send XMR to yourself multiple times to break transaction graphs
• Tor integration: Configure wallet to use Tor for additional network privacy
• Separate wallets: Use dedicated wallet for DrugHub only

Transaction Confirmations

Troubleshooting Monero Issues

Wallet won't sync: Change remote node, allow time for full blockchain download if using full node, check firewall settings

Transaction stuck: Wait for network confirmation, verify transaction was broadcast, check if fee was sufficient, contact support with transaction ID if persists over 2 hours

Lost seed phrase: Cannot recover wallet - funds permanently lost. Always backup seed phrase securely

Wrong amount sent: Contact DrugHub support immediately with transaction details. Do not send additional payment.