A Step-by-Step-Guide on how to buy Monero (XMR) in Slovenia
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and to get your first $10.
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Monero (XMR) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate Monero (XMR) As soon as your deposit has been confirmed, you will immediately have access to your assets and you can initiate buying and trading. To buy (XMR) Monero on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. To discover (XMR) Monero, you'll need to put the cointype (XMR) into the search-box, which is marked in the picture. Make sure you have choosen the proper pairing, we've marked this too. Click on “XMR/BTC” to proceed.
Step 4 – Buy Monero (XMR) As soon as you have found Monero (XMR), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent valuation (XMR) Monero was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XMR you like to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete amount of XMR. If you're satisfied, click on “Buy XMR”. Your order will be filled when a Vendor sells their XMR for the price you introduced.
Step 5 – Withdraw Monero (XMR) Unless you're trading, best advise is not to keep coins on an Crypto Trader for an extended period of time. In order to withdraw your Monero (XMR), hover over the “Funds” tab and mouse click on “Withdraw”. Monero (XMR) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XMR) Monero by using the provided drop-down box. Drop in the quantity of Monero (XMR) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you're glad, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.