A Step-by-Step-Guide on how to buy Monero (XMR) in Greece
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome Ethereum or Bitcoin.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Monero (XMR) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate Monero (XMR) As soon as your deposit has been affirmed, you will now have access to your funds and you can launch purchasing and trading. To purchase Monero (XMR) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to locate (XMR) Monero, you'll need to put the shortname of the coin (XMR) into the search-box, which is highlighted in the image. Make sure you have choosen the right pairing, we have highlighted this too. Click on “XMR/BTC” to advance.
Step 4 – Acquisition of Monero (XMR) As soon as you have discovered (XMR) Monero, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to make our own Limit Order. The “Price” field will be filled automatically with the most recent price (XMR) Monero was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of XMR you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete quantity of XMR. If you're satisfied, make a mouse click on “Buy XMR”. Your order will be filled when a Vender trades their XMR for the price you offered.
Step 5 – Withdraw Monero (XMR) Unless you're frequently trading, you should never keepyour crypto on an Crypto Exchange for an longer time period. In order to take off your Monero (XMR), hover over the “Funds” tab and mouse click on “Withdraw”. Monero (XMR) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Monero (XMR) by using the provided drop-down box. Enter the quantity of Monero (XMR) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.