How to Buy Monero (XMR) in Poland

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

Step 1 – Join Kraken

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

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

Your Bitcoin (BTC) or Ethereum (ETH) 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. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate Monero (XMR)

Once your deposit has been affirmed, you will now have access to your funds and you can commence buying and trading. To purchase Monero (XMR) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

In order to discover (XMR) Monero, you will need to put the shortname of the coin (XMR) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we've highlighted this also. Click on “XMR/BTC” to go on.

Step 4 – Purchase (XMR) Monero

As soon as you have spotted Monero (XMR), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we're going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the latest tariff (XMR) Monero was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of XMR you want to buy. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole quantity 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 gave.

Step 5 – Withdraw Monero (XMR)

Unless you're regularly trading, best advise is not to keep your coins on an Exchange for an extended period of time. To withdraw your (XMR) Monero, go to the “Funds” tab and mouse click on “Withdraw”. Monero (XMR) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XMR) Monero by using the given drop-down box. Drop in the volumen of Monero (XMR) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you're glad, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.

Kudos! You have successfully bought and safed (XMR) Monero in Poland.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off using Ethplorer.io or Etherscan.io and the Monero (XMR) is stored in your wallet, you are all done.