How to send the Monero (XMR) on Binance ?

How to send the Monero (XMR) on Binance ?

You want to send Monero using Binance, but you don’t know how you use it. No problem, we will guide you step by step.

Your registration on Binance

If you want to send Monero using Binance, you must first create an account on this platform. But don’t worry, this is not very difficult. In fact, for a start, you need to click on “Sign In” at the top right of the screen. You will need to first choose the language you want to use on the interface before you enter your email address and set a password. However, we recommend that you use a complex password, which will allow you to enjoy greater security vis-à-vis piracy. Finally, you can enjoy a second security by using Google Authenticator, we strongly recommend that you.

The verification of your identity

However, you will not be able to yet take full advantage of your account Binance. Indeed, for this, your identity must be verified. But no need to worry, since it is really very simple. You simply follow the steps, starting with to indicate if you are a resident or not in China. You then need to fill in several personal information including your name, your first name, your gender and the country in which you live before you indicate the number of your proof of identity. You will then need to send a photocopy of it before you take a picture then you have to hand your id and a paper on which the date is recorded.

Buy Monero with Binance

Before you send Monero using Binance, it is still necessary that you have on your count ! For you to purchase, you can transfer from an online wallet, another platform or even from a pool of blasting. In addition, it is possible to buy on Binance using other crypto-currencies.

Send Monero using Binance

As soon as your Monero is on Binance, you can send it to another account. For this, the first thing to do is to select “Monero” in the list of crypto-currencies available to be sent. You must then indicate the address of your recipient. However, please note that the sending moneros is irreversible. We recommend that you add it by doing a copy-and-paste to avoid any risk of error that would result in the irretrievable loss of your Monero. Once you have added the address of the recipient of the shipment, it only remains for you to define the number of moneros that you want to buy and then to complete the transaction.

What you must remember

  • The first thing you need to do before you send Monero with Binance is that you create an account on this platform.
  • You will then need to validate your identity and then provide you with the Monero.
  • Finally, it remains for you to send Monero. For this, you need to choose “Monero” in the list of crypto-currencies available before you add the address of the recipient of your shipment. You will have then to define the number of moneros that you want to send before you complete the transaction.