How to Buy Monero (XMR) in Mongolia

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

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

You'll first need to purchase one of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and receive your welcome $10.

Degrau 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Monero (XMR) está acessível no Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Degrau 3 – Locate (XMR) Monero

As soon as your deposit has been verified, you will immediately have access to your assets and you can begin purchasing and trading. To invest in (XMR) Monero on Binance, you will want to hover over the tab which is called “Troca” and then click on “Básico”.

To find Monero (XMR), you will need to put the shortname of the coin (XMR) na caixa de pesquisa, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this too. Clique em “XMR/BTCto advance.

Degrau 4 – Buy Monero (XMR)

Once you have found (XMR) Monero, you'll be given a Price Chart (no centro da foto) e alguns livros de pedidos (on the Left of the picture). Next we're creating our own Limit Order.

O campo com o “Preço” tag will be filled automatically with the most up-to-date price Monero (XMR) was sold for. Você pode alterar isso para sua taxa preferida. o “Montante” field is the quantity of XMR you wish to purchase. O campo com o “Total” tag is the total price in Bitcoin that you will settle for the whole amount of XMR.

Quando você está feliz, faça um clique do mouse em “Buy XMR”. Your plan will be filled when a Seller trades their XMR for the price you offered.

Degrau 5 – Retirar (XMR) Monero

Unless you are trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer period of time. In order to take off your (XMR) Monero, passe o mouse sobre o “Fundos” tab and click on “Retirar”. Monero (XMR) can be stored safely using a Wallet, e.g. MyEtherWallet. (Guia de configuração do MyEtherWallet)

Encontrar (XMR) Monero by using the given drop-down box. Put into the quantity of (XMR) Monero you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

Quando você está feliz, click on “Enviar”. You may be requested for verfication via phone/email before a withdrawal.

Congratulations! You have successfully purchased and stored Monero (XMR) in Mongolia.

É isso aí!

Withdrawals from Crypto Trader can durate between 1 – 30 minutos (rely on usage of the network). Once you have proved your take off using Ethplorer.io or Etherscan.io and the (XMR) Monero is stored in your wallet, you are all done.