How to Buy Monero (XMR) in Macau

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

Step 1 – Join Kraken

You'll first need to purchase units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and to get your first Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

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

Make sure you have chosen the precise coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Locate (XMR) Monero

As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can launch invest and trading. To buy (XMR) Monero on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”.

In order to locate (XMR) Monero, you'll need to insert the short name of the asset (XMR) into the search box, which is marked in the graphic. Make sure you have choosen the correct pairing, we have marked this also. Click on “XMR/BTC” to go on.

Step 4 – Buy (XMR) Monero

After you have spotted Monero (XMR), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to create our own Limit Order.

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

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

Step 5 – Withdraw Monero (XMR)

Unless you are frequently trading, best advise is not to keep coins on an Crypto Trader for an extended time period. In order to withdraw your Monero (XMR), go to the “Funds” tab and mouse click on “Withdraw”. (XMR) Monero can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

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

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

Kudos! You've successfully purchased and safed Monero (XMR) in Macau.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your take off with Ethplorer.io or Etherscan.io and the Monero (XMR) is stored inside your wallet, you are all done.