A Step-by-Step-Guide on how to buy NEM (XEM) in Bolivia
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and getting your first $10.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. NEM (XEM) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find (XEM) NEM Once your deposit has been approved, you will directly have access to your assets and you can commence purchasing and trading. To invest in NEM (XEM) on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. To locate NEM (XEM), you'll need to insert the short name of the asset (XEM) into the search-box, which is marked in the image. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “XEM/BTC” to advance.
Step 4 – Purchase NEM (XEM) Once you've discovered (XEM) NEM, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we are going to make our Limit Order. The “Price” field will be automatically filled with the up-to-date tariff (XEM) NEM was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of XEM you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you will pay for the whole volumen of XEM. If you are glad, click on “Buy XEM”. Your order will be filled when a Seller trades their XEM for the price you submitted.
Step 5 – Withdraw NEM (XEM) Unless you are regularly trading, you should never keepyour crypto on an Crypto Exchange for an extensive time period. To take off your (XEM) NEM, hover over the “Funds” tab and click on “Withdraw”. (XEM) NEM can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find NEM (XEM) by using the provided drop-down box. Drop in the quantity of NEM (XEM) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a take off.