A Step-by-Step-Guide on how to buy Monero (XMR) in Macau
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and getting your welcome $10.
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Monero (XMR) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find (XMR) Monero Once your deposit has been affirmed, you will directly have access to your assets and you can initiate buying and trading. To invest in (XMR) Monero on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot (XMR) Monero, you will need to insert the shortname of the coin (XMR) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we've marked this too. Click on “XMR/BTC” to advance.
Step 4 – Acquisition of (XMR) Monero Once you've found (XMR) Monero, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The “Price” field will be filled with the recent tariff (XMR) Monero was sold for. This can be changed to your desired price. The “Amount” field is the volumen of XMR you wish to buy. The “Total” field is the aggregated price in BTC that you will pay for the complete volumen of XMR. If you are satisfied, make a mouse click on “Buy XMR”. Your plan will be filled when a Vender sells their XMR for the price you submitted.
Step 5 – Withdraw (XMR) Monero Unless you are regularly trading, never keep your crypto coins on an Exchange for an longer period of time. To withdraw your Monero (XMR), hover over the “Funds” tab and mouse click on “Withdraw”. (XMR) Monero can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) 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 displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.