A Step-by-Step-Guide on how to buy Monero (XMR) in French Polynesia
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and to get your welcome $10.
Step 2 – Send Your Funds to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Monero (XMR) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate (XMR) Monero As soon as your deposit has been verified, you will immediately have access to your finances and you can start buying and trading. To invest in (XMR) Monero on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. To locate Monero (XMR), you'll need to insert the shortname of the coin (XMR) into the search box, which is highlighted in the picture. Make sure you have selected the proper grouping, we've highlighted this also. Click on “XMR/BTC” to advance.
Step 4 – Buy Monero (XMR) Once you have discovered Monero (XMR), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our own Limit Order. The “Price” field will be filled automatically with the recent rate Monero (XMR) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of XMR you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole volumen of XMR. If you are satisfied, make a mouse 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're trading, best advise is not to keep your coins on an Exchange for an longer period of time. To withdraw your (XMR) Monero, go to the tab called “Funds” and mouse 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. Put into the amount of Monero (XMR) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You may be asked for verfication via email/phone before a take off.