A Step-by-Step-Guide on how to buy Monero (XMR) in Martinique
Step 1 – Signup to Kraken You'll first need to purchase units of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and receive your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your Funds to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Monero (XMR) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Monero (XMR) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can commence buying and trading. To purchase (XMR) Monero on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot (XMR) Monero, you will need to put the cointype (XMR) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we've marked this also. Click on “XMR/BTC” to proceed.
Step 4 – Buy (XMR) Monero As soon as you've spotted (XMR) Monero, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our Limit Order. The field with the “Price” tag will be automatically filled with the latest tariff Monero (XMR) was sold for. This can be changed to your preferred rate. The “Amount” field is the quantity of XMR you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole volumen of XMR. When you're happy, make a mouse click on “Buy XMR”. Your plan will be filled when a Seller trades their XMR for the price you submitted.
Step 5 – Withdraw Monero (XMR) Unless you are trading, best advise is not to keep coins on an Exchange for an extensive time period. In order to withdraw your (XMR) Monero, go to the “Funds” tab and click on “Withdraw”. (XMR) Monero can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XMR) Monero by using the provided drop-down box. Put into the volumen of (XMR) Monero you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You may be asked for email/phone verification before a take off.