How to Buy Monero (XMR) in Malta

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

Step 1 – Signup to Coinbase – Get Free $10

You will first need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and receive your welcome $10.

Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Monero (XMR) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide)

Make sure you've selected the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate (XMR) Monero

Once your deposit has been approved, you'll immediately have access to your finances and you can begin invest and trading. To purchase (XMR) Monero on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”.

To discover (XMR) Monero, you'll need to insert the shortname of the coin (XMR) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we've highlighted this also. Click on “XMR/BTC” to go ahead.

Step 4 – Purchase (XMR) Monero

As soon as you've located (XMR) Monero, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest rate (XMR) Monero was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of XMR you wish to purchase. The “Total” field is the whole price in Bitcoin that you'll settle for the whole amount of XMR.

When you're glad, make a mouse click on “Buy XMR”. Your plan will be filled as soon as a Vender sells their XMR for the price you introduced.

Step 5 – Withdraw Monero (XMR)

Unless you're trading, never keep your crypto coins on an Crypto Exchange for an extensive time frame. To take off your Monero (XMR), go to the “Funds” tab and mouse click on “Withdraw”. (XMR) Monero can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XMR) Monero by using the provided drop-down box. Enter the quantity of (XMR) Monero you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Congrats! You have successfully bought and safed Monero (XMR) in Malta.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). Once you have proved your take off using Ethplorer.io or Etherscan.io and the (XMR) Monero is safe inside your wallet, you're finished.