A Step-by-Step-Guide on how to buy Monero (XMR) in Kazakhstan
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and getting your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Monero (XMR) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate (XMR) Monero As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can commence buying and trading. To buy (XMR) Monero on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To locate (XMR) Monero, you will need to put the short name of the asset (XMR) into the search box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have highlighted this also. Click on “XMR/BTC” to continue.
Step 4 – Purchase (XMR) Monero After you have spotted Monero (XMR), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are creating our Limit Order. The “Price” field will be automatically filled with the most latest price Monero (XMR) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of XMR you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of XMR. If you're satisfied, click on “Buy XMR”. Your order will be filled when a Vendor sells their XMR for the price you introduced.
Step 5 – Withdraw Monero (XMR) Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extended time frame. To take off your (XMR) Monero, hover over the tab called “Funds” and click on “Withdraw”. Monero (XMR) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XMR) Monero by using the given drop-down box. Enter the amount of Monero (XMR) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.