How to Buy Monero (XMR) in Bulgaria

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

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to buy one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome $10.

Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Monero (XMR) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate Monero (XMR)

As soon as your deposit has been affirmed, 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 theExchangetab and mouse click onBasic”.

In order to discover Monero (XMR), you'll need to insert the short name of the asset (XMR) into the search box, which is marked in the image. Be certain of having selected the right grouping, we have marked this also. Click onXMR/BTCto progress.

Step 4 – Buy Monero (XMR)

As soon as you have discovered Monero (XMR), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order.

The field with thePricetag will be filled with the most up-to-date rate Monero (XMR) was traded for. This can be changed to your favoured price. The field with theAmounttag is the volumen of XMR you want to buy. TheTotalfield is the aggregated price in Bitcoin that you'll settle for the whole quantity of XMR.

When you are satisfied, make a mouse click onBuy XMR”. Your order will be filled when a Vender sells their XMR for the price you offered.

Step 5 – Withdraw (XMR) Monero

Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an longer period of time. In order to withdraw your (XMR) Monero, hover over theFundstab and mouse click onWithdraw”. (XMR) Monero can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XMR) Monero by using the given drop-down box. Drop in the volumen of Monero (XMR) you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

If you are satisfied, make a mouse click onSubmit”. You may be requested for phone/email verification ahead of a take off.

Congrats! You've successfully bought and safed (XMR) Monero in Bulgaria.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have proved your take off using Etherscan.io or Ethplorer.io and the (XMR) Monero is safe inside your wallet, you're done.