A Step-by-Step-Guide on how to buy Monero (XMR) in Thailand
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and to get your first $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Monero (XMR) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate (XMR) Monero As soon as your deposit has been verified, you will directly have access to your assets and you can launch purchasing 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'll need to insert the shortname of the coin (XMR) into the search-box, which is highlighted in the image. Be certain of having selected the correct pairing, we've marked this also. Click on “XMR/BTC” to continue.
Step 4 – Acquisition of Monero (XMR) After you've discovered Monero (XMR), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate Monero (XMR) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of XMR you wish to buy. The “Total” field is the total price in Bitcoin that you'll pay for the whole volumen of XMR. If you are satisfied, click on “Buy XMR”. Your order will be filled as soon as a Vendor trades their XMR for the price you gave.
Step 5 – Withdraw Monero (XMR) Unless you're trading, never keep your crypto coins on an Exchange for an extended time frame. To take off your (XMR) Monero, hover over the tab called “Funds” and mouse click on “Withdraw”. (XMR) Monero can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XMR) Monero by using the provided drop-down box. Enter the volumen of (XMR) Monero you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You could be asked for phone/email verification before a take off.