A Step-by-Step-Guide on how to buy Monero (XMR) in Belarus
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy one of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and getting your welcome 10$.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Monero (XMR) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find Monero (XMR) Once your deposit has been verified, you'll directly have access to your assets and you can commence purchasing and trading. To invest in Monero (XMR) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. In order to spot Monero (XMR), you will need to insert the short name of the asset (XMR) into the search-box, which is marked in the image. Be certain of having choosen the proper pairing, we have marked this also. Click on “XMR/BTC” to advance.
Step 4 – Buying Monero (XMR) As soon as you have found (XMR) Monero, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). For now we are creating our own Limit Order. The “Price” field will be filled with the most latest price Monero (XMR) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of XMR you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of XMR. When you're glad, click on “Buy XMR”. Your plan will be filled as soon as a Seller sells their XMR for the price you introduced.
Step 5 – Withdraw (XMR) Monero Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time period. In order to withdraw your (XMR) Monero, hover over the tab called “Funds” and mouse click on “Withdraw”. (XMR) Monero can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XMR) Monero by using the given drop-down box. Put into the quantity of (XMR) Monero you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click “Submit”. You could be asked for verfication via email/phone before a take off.