A Step-by-Step-Guide on how to buy Monero (XMR) in Vietnam
Step 1 – Signup to Coinbase – Get Free $10 You will first need to purchase units of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting your first 10$.
Step 2 – Transfer Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Monero (XMR) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find Monero (XMR) Once your deposit has been affirmed, you'll directly have access to your finances and you can initiate purchasing and trading. To invest in Monero (XMR) on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”. To locate Monero (XMR), you will need to put the short name of the asset (XMR) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we have highlighted this also. Click on “XMR/BTC” to continue.
Step 4 – Buy (XMR) Monero After you have discovered Monero (XMR), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we are creating our Limit Order. The “Price” field will be filled automatically with the most up-to-date tariff (XMR) Monero was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of XMR you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete quantity of XMR. If you are happy, click on “Buy XMR”. Your plan will be filled as soon as a Vender trades their XMR for the price you offered.
Step 5 – Withdraw Monero (XMR) Unless you are frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extensive period of time. In order to take off your (XMR) Monero, go to the tab called “Funds” and click on “Withdraw”. Monero (XMR) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XMR) Monero by using the given drop-down box. Drop in the quantity of Monero (XMR) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are glad, click on “Submit”. You could be requested for verfication via email/phone before a take off.