A Step-by-Step-Guide on how to buy Monero (XMR) in Martinique
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and to get your welcome $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Monero (XMR) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (XMR) Monero As soon as your deposit has been affirmed, you'll immediately have access to your assets and you can start buying and trading. To invest in (XMR) Monero on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To spot (XMR) Monero, you will need to put the short name of the asset (XMR) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “XMR/BTC” to progress.
Step 4 – Buy (XMR) Monero After you have spotted Monero (XMR), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're going to create our Limit Order. The field with the “Price” tag will be filled with the most recent valuation Monero (XMR) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of XMR you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole amount of XMR. If you are glad, make a mouse click on “Buy XMR”. Your plan will be filled as soon as a Vendor trades their XMR for the price you introduced.
Step 5 – Withdraw Monero (XMR) Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your Monero (XMR), go to the tab called “Funds” 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 given drop-down box. Put into the quantity of Monero (XMR) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.