How to Buy Monero (XMR) in Zambia

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

Step 1 – Join Kraken

You will first need to purchase one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and to get your first Bitcoin or Ethereum.

Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an 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 alike. Monero (XMR) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you've chosen the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find (XMR) Monero

Once your deposit has been verified, you will instantly have access to your funds and you can initiate buying and trading. To purchase Monero (XMR) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to locate (XMR) Monero, you will need to put the short name of the asset (XMR) into the search box, which is marked in the graphic. Make sure you have selected the correct grouping, we have highlighted this also. Click on “XMR/BTC” to go ahead.

Step 4 – Buy Monero (XMR)

After you've spotted (XMR) Monero, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we're going to make our Limit Order.

The “Price” field will be filled with the latest valuation (XMR) Monero was sold for. You can change this to your favoured rate. The “Amount” field is the amount of XMR you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete quantity of XMR.

If you're satisfied, click on “Buy XMR”. Your order will be filled when a Vender sells their XMR for the price you gave.

Step 5 – Withdraw (XMR) Monero

Unless you are regularly trading, you should never keepyour coins on an Crypto Trader for an extensive time period. In order to withdraw your (XMR) Monero, go to the tab called “Funds” and click on “Withdraw”. (XMR) Monero can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XMR) Monero by using the provided drop-down box. Enter the quantity of (XMR) Monero you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

When you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a take off.

Congrats! You have successfully bought and stored (XMR) Monero in Zambia.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Monero (XMR) is stored within your wallet, you're finished.