How to Buy Monero (XMR) in Guatemala

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

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy units of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and getting your first 10$.

Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Monero (XMR) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate (XMR) Monero

Once your deposit has been approved, you will immediately have access to your assets and you can launch purchasing and trading. To invest in Monero (XMR) on Binance, you'll want to hover over the tab which is calledExchangeand after that click onBasic”.

In order to locate (XMR) Monero, you'll need to put the shortname of the coin (XMR) into the search box, which is marked in the image. Make sure you have choosen the proper grouping, we've marked this too. Click onXMR/BTCto go on.

Step 4 – Purchasing (XMR) Monero

As soon as you've discovered (XMR) Monero, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're making our Limit Order.

The field with thePricetag will be filled with the recent tariff (XMR) Monero was sold for. You can change this to your desired rate. The field with theAmounttag is the quantity of XMR you like to purchase. The field with theTotaltag is the whole price in Bitcoin that you'll settle for the whole volumen of XMR.

If you're glad, make a mouse click onBuy XMR”. Your plan will be filled as soon as a Seller sells their XMR for the price you gave.

Step 5 – Withdraw Monero (XMR)

Unless you're trading, never keep your coins on an Crypto Trader for an extensive time frame. To withdraw your Monero (XMR), hover over theFundstab and mouse click onWithdraw”. 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 volumen of Monero (XMR) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you're happy, clickSubmit”. You could be requested for verfication via phone/email ahead of a take off.

Congrats! You have successfully bought and stored Monero (XMR) in Guatemala.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the Monero (XMR) is safe inside your wallet, you are all done.