A Step-by-Step-Guide on how to buy Monero (XMR) in Greece
Step 1 – Signup to Coinbase – Get Free $10 You will first need to purchase one of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and to get your welcome 10$.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Monero (XMR) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate Monero (XMR) Once your deposit has been confirmed, you will instantly have access to your finances and you can start buying and trading. To buy Monero (XMR) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. In order to find Monero (XMR), you will need to insert the shortname of the coin (XMR) into the search-box, which is marked in the picture. Make sure you have selected the right grouping, we have highlighted this also. Click on “XMR/BTC” to go on.
Step 4 – Purchasing Monero (XMR) As soon as you've found Monero (XMR), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date valuation Monero (XMR) was sold for. You can change this to your preferred rate. The “Amount” field is the volumen of XMR you wish to buy. The “Total” field is the whole price in BTC that you'll pay for the complete amount of XMR. When you are satisfied, click on “Buy XMR”. Your plan will be filled as soon as a Vendor sells their XMR for the price you introduced.
Step 5 – Withdraw (XMR) Monero Unless you are trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your Monero (XMR), hover over the “Funds” tab and click on “Withdraw”. Monero (XMR) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XMR) Monero by using the given drop-down box. Drop in the quantity of Monero (XMR) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.