How to Buy Monero (XMR) in Benin

A Step-by-Step-Guide on how to buy Monero (XMR) in Benin

Paso 1 – Regístrese en Coinbase y reciba 10$ gratis

You will first need to buy one of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first 10 Dólar.

Paso 2 – Send Your Bitcoin (BTC) o Ethereum (ETH) to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange 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 illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)

Make sure you've chosen the exact coin you wish to deposit.

Bitcoin debe enviarse a una dirección de depósito de Bitcoin, Ethereum to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).

Paso 3 – Find Monero (XMR)

Once your deposit has been verified, you'll directly have access to your finances and you can begin purchasing and trading. To invest in Monero (XMR) en Binance, you will want to hover over the “Intercambiar” tab and mouse click on “Básico”.

To locate Monero (XMR), you will need to insert the short name of the asset (XMR) into the search-box, which is marked in the image. Make sure you have selected the proper grouping, we have marked this also. Haga clic en “XMR/BTC” para proceder.

Paso 4 – Buying Monero (XMR)

After you have spotted Monero (XMR), you will be presented with a Price Chart (en el centro de la imagen) and some Order Books (Leftside of the picture). And now we are going to make our Limit Order.

El campo con el “Precio” tag will be filled automatically with the most up-to-date valuation Monero (XMR) was traded for. This can be changed to your preferred rate. los “Cantidad” field is the amount of XMR you want to buy. El campo con el “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete quantity of XMR.

If you are glad, haga clic en “Buy XMR”. Your plan will be filled when a Vendor sells their XMR for the price you submitted.

Paso 5 – Retirar (XMR) Monero

A menos que esté negociando, you should never keepyour crypto coins on an Exchange for an longer time frame. In order to take off your (XMR) Monero, go to the “Fondos” tab and mouse click on “Retirar”. (XMR) Monero can be stored securely using a Wallet, e.g. MyEtherWallet. (Guía de configuración de MyEtherWallet)

Locate (XMR) Monero by using the provided drop-down box. Put into the quantity of Monero (XMR) desearías retirarte. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

If you're glad, hacer clic “Enviar”. You may be asked for email/phone verification before a take off.

Felicidades! You've successfully purchased and stored (XMR) Monero in Benin.

Eso es!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutos (rely on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (XMR) Monero is safe inside your wallet, you're all done.