How to Buy Monero (XMR) in Argentina

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

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and to get your welcome Bitcoin or Ethereum.

Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Monero (XMR) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

Make sure you have selected the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate (XMR) Monero

Once your deposit has been approved, you will directly have access to your finances and you can launch purchasing and trading. To invest in (XMR) Monero on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to locate Monero (XMR), you will need to put the shortname of the coin (XMR) into the search box, which is marked in the image. Make sure you have selected the proper pairing, we have highlighted this also. Click on “XMR/BTC” to advance.

Step 4 – Buying (XMR) Monero

After you have found (XMR) Monero, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order.

The field with the “Price” tag will be filled with the most recent price Monero (XMR) was sold for. You can change this to your desired rate. The “Amount” field is the volumen of XMR you like to purchase. The “Total” field is the aggregated price in BTC that you will settle for the whole amount of XMR.

If you are satisfied, make a mouse click on “Buy XMR”. Your order will be filled as soon as a Vendor trades their XMR for the price you introduced.

Step 5 – Withdraw Monero (XMR)

Unless you are frequently trading, never keep your crypto on an Cryptocurrency Exchange for an longer time frame. To take off your Monero (XMR), hover over the “Funds” tab and click on “Withdraw”. Monero (XMR) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Monero (XMR) by using the given drop-down box. Drop in the quantity of (XMR) Monero you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you are satisfied, click “Submit”. You could be asked for email/phone verification before a take off.

Congrats! You've successfully purchased and safed Monero (XMR) in Argentina.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (XMR) Monero is safe within your wallet, you are all done.