How to Buy Monero (XMR) in Aruba

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

Step 1 – Join Kraken

In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and getting your welcome Bitcoin or Ethereum.

Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Monero (XMR) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate Monero (XMR)

Once your deposit has been affirmed, you will immediately have access to your funds and you can initiate buying and trading. To buy (XMR) Monero on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”.

To discover Monero (XMR), you will need to put the shortname of the coin (XMR) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this also. Click on “XMR/BTC” to go ahead.

Step 4 – Purchase (XMR) Monero

After you have discovered Monero (XMR), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our Limit Order.

The “Price” field will be filled automatically with the most latest price (XMR) Monero was traded for. You can change this to your favoured price. The “Amount” field is the volumen of XMR you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of XMR.

If you are satisfied, make a mouse click on “Buy XMR”. Your plan will be filled when a Vendor sells their XMR for the price you submitted.

Step 5 – Withdraw Monero (XMR)

Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time frame. In order to take off your (XMR) Monero, go to the tab called “Funds” and mouse click on “Withdraw”. (XMR) Monero can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Monero (XMR) by using the given drop-down box. Enter the volumen of Monero (XMR) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Congratulations! You have successfully bought and stored Monero (XMR) in Aruba.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (XMR) Monero is stored in your wallet, you're finished.
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