How to Buy Monero (XMR) in Ethiopia

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

Degrau 1 – Signup to Coinbase and get 10$ for free

You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting your first $10.

Degrau 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Monero (XMR) is available on Binance, so we will use that as an illustration. Não tenho certeza de como enviar fundos da Coinbase para uma bolsa? (Just follow this how-to)

Make sure you've selected the precise coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH para um endereço de depósito ETH, et cetera. If you are working with a decentralized exchange, como Airswap ou DDEX podem ser diferentes (Follow our how-to).

Degrau 3 – Encontrar (XMR) Monero

Once your deposit has been approved, you'll immediately have access to your assets and you can initiate invest and trading. To invest in (XMR) Monero on Binance, you'll want to go to the “Troca” guia e clique com o mouse em “Básico”.

In order to spot (XMR) Monero, you'll need to insert the shortname of the coin (XMR) into the search-box, which is marked in the picture. Make sure you have choosen the proper pairing, we have marked this also. Clique em “XMR/BTCto go on.

Degrau 4 – Purchase Monero (XMR)

After you've found (XMR) Monero, you will be given a Chart with Prices (no centro da foto) and a few Order Books (Lado esquerdo da imagem). Next we are making our Limit Order.

O campo com o “Preço” tag will be filled automatically with the most latest valuation (XMR) Monero was traded for. This can be changed to your desired price. o “Montante” field is the amount of XMR you like to buy. o “Total” field is the total price in Bitcoin that you will settle for the whole quantity of XMR.

When you're glad, faça um clique do mouse em “Buy XMR”. Your plan will be filled as soon as a Vendor trades their XMR for the price you introduced.

Degrau 5 – Withdraw Monero (XMR)

Unless you are trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your (XMR) Monero, go to the tab called “Fundos” and click on “Retirar”. (XMR) Monero can be securely stored using a Wallet, e.g. MyEtherWallet. (Guia de configuração do MyEtherWallet)

Locate Monero (XMR) by using the provided drop-down box. Put into the amount of Monero (XMR) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

If you're happy, click “Enviar”. You may be asked for email/phone verification before a take off.

Congratulations! You've successfully purchased and stored Monero (XMR) in Ethiopia.

É isso aí!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutos (rely on network usage). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (XMR) Monero is stored inside your wallet, you're finished.