A Step-by-Step-Guide on how to buy Monero (XMR) in Macedonia
Step 1 – Join Kraken You will first need to purchase one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and receive your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader 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? (Follow this manual) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate (XMR) Monero As soon as your deposit has been confirmed, you'll directly have access to your funds and you can begin purchasing and trading. To purchase Monero (XMR) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot Monero (XMR), you'll need to insert the shortname of the coin (XMR) into the search-box, which is marked in the graphic. Make sure you have selected the right grouping, we have highlighted this too. Click on “XMR/BTC” to progress.
Step 4 – Purchasing (XMR) Monero As soon as you have discovered Monero (XMR), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are creating our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date price (XMR) Monero was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of XMR you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of XMR. When you're happy, click on “Buy XMR”. Your plan will be filled as soon as a Vendor sells their XMR for the price you introduced.
Step 5 – Withdraw (XMR) Monero Unless you're trading, you should never keepyour crypto on an Exchange for an extended time period. In order to take off your (XMR) Monero, go to the “Funds” tab and mouse click on “Withdraw”. (XMR) Monero can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Monero (XMR) by using the given drop-down box. Enter the amount of (XMR) Monero you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via phone/email before a take off.