A Step-by-Step-Guide on how to buy Monero (XMR) in Zimbabwe
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and receive your welcome 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Monero (XMR) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find (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 buy (XMR) Monero on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to locate Monero (XMR), you'll need to put the short name of the asset (XMR) into the search box, which is marked in the graphic. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “XMR/BTC” to go on.
Step 4 – Buy Monero (XMR) After you've discovered (XMR) Monero, 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 are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff (XMR) Monero was traded for. You can change this to your favoured price. The “Amount” field is the volumen of XMR you wish to buy. The “Total” field is the total price in BTC that you'll pay for the complete amount of XMR. If you are happy, click on “Buy XMR”. Your order will be filled as soon as a Vendor sells their XMR for the price you introduced.
Step 5 – Withdraw Monero (XMR) Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. In order to take off your Monero (XMR), hover over the tab called “Funds” and mouse click on “Withdraw”. Monero (XMR) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Monero (XMR) by using the given drop-down box. Drop in the quantity of Monero (XMR) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you are satisfied, click on “Submit”. You could be asked for email/phone verification before a withdrawal.