A Step-by-Step-Guide on how to buy Monero (XMR) in Jordan
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and to get your welcome $10.
Step 2 – Transfer Your Funds to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Monero (XMR) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate (XMR) Monero Once your deposit has been verified, you will now have access to your assets and you can start invest and trading. To invest in Monero (XMR) on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. In order to find (XMR) Monero, you'll need to put the short name of the asset (XMR) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we have highlighted this too. Click on “XMR/BTC” to go ahead.
Step 4 – Purchasing (XMR) Monero After you have located Monero (XMR), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to create our Limit Order. The “Price” field will be automatically filled with the most latest rate (XMR) Monero was sold for. This can be changed to your preferred price. The “Amount” field is the volumen of XMR you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole volumen of XMR. When you're happy, click on “Buy XMR”. Your order will be filled as soon as a Vendor sells their XMR for the price you introduced.
Step 5 – Withdraw Monero (XMR) Unless you are regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer time period. To take off your Monero (XMR), hover over the tab called “Funds” and click on “Withdraw”. Monero (XMR) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XMR) Monero by using the provided drop-down box. Put into the amount of Monero (XMR) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you're satisfied, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.