How to Buy Monero (XMR) in Argentina

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

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and getting your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Monero (XMR) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find {Monero (XMR)|(XMR) Monero}

As soon as your deposit has been approved, you will instantly have access to your funds and you can begin purchasing and trading. To purchase {Monero (XMR)|(XMR) Monero} on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

In order to spot {Monero (XMR)|(XMR) Monero}, you will need to insert the short name of the asset (XMR) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “XMR/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Monero (XMR)
Step 4 – Purchasing {Monero (XMR)|(XMR) Monero}

Once you've located {Monero (XMR)|(XMR) Monero}, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our Limit Order.

The ”Price” field will be filled automatically with the most up-to-date rate {Monero (XMR)|(XMR) Monero} was sold for. This can be changed to your desired price. The ”Amount” field is the quantity of XMR you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole quantity of XMR.

If you are happy, click on “Buy XMR”. Your order will be filled when a Seller sells their XMR for the price you introduced.

Step 5 – Withdraw {Monero (XMR)|(XMR) Monero}

Unless you're trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your {Monero (XMR)|(XMR) Monero}, hover over the ”Funds” tab and click on “Withdraw”. {Monero (XMR)|(XMR) Monero} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Monero (XMR)|(XMR) Monero} by using the provided drop-down box. Enter the volumen of {Monero (XMR)|(XMR) Monero} you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

If you're glad, click “Submit”. You could be requested for phone/email verification ahead of a take off.

Congratulations! You've successfully bought and stored Monero (XMR) in Argentina.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the {Monero (XMR)|(XMR) Monero} is safe inside your wallet, you're done.

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