A Step-by-Step-Guide on how to buy Monero (XMR) in Thailand
Step 1 – Signup to Kraken You will first need to purchase units of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and receive your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Monero (XMR) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find Monero (XMR) Once your deposit has been verified, you will instantly have access to your finances and you can commence invest and trading. To buy (XMR) Monero on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find Monero (XMR), you will need to put the shortname of the coin (XMR) into the search box, which is marked in the graphic. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “XMR/BTC” to advance.
Step 4 – Buy (XMR) Monero Once you have found Monero (XMR), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are creating our Limit Order. The “Price” field will be automatically filled with the most up-to-date valuation (XMR) Monero was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of XMR you wish to buy. The “Total” field is the total price in Bitcoin that you will settle for the whole amount of XMR. If you are glad, make a mouse click on “Buy XMR”. Your plan will be filled when a Vendor trades their XMR for the price you offered.
Step 5 – Withdraw (XMR) Monero Unless you are trading, best advise is not to keep your crypto on an Crypto Trader for an longer time period. To take off your (XMR) Monero, go to the “Funds” tab and click on “Withdraw”. (XMR) Monero can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XMR) Monero by using the provided drop-down box. Put into the amount of Monero (XMR) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.