A Step-by-Step-Guide on how to buy NEM (XEM) in Cabo Verde
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and getting your welcome $10.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. NEM (XEM) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (XEM) NEM Once your deposit has been verified, you'll immediately have access to your funds and you can commence purchasing and trading. To invest in NEM (XEM) on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. In order to spot (XEM) NEM, you'll need to put the cointype (XEM) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we have marked this also. Click on “XEM/BTC” to advance.
Step 4 – Purchasing (XEM) NEM After you've discovered NEM (XEM), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are creating our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date valuation (XEM) NEM was traded for. You can change this to your favoured rate. The “Amount” field is the quantity of XEM you want to buy. The “Total” field is the aggregated price in BTC that you will settle for the complete amount of XEM. If you are satisfied, click on “Buy XEM”. Your plan will be filled when a Vendor sells their XEM for the price you gave.
Step 5 – Withdraw NEM (XEM) Unless you are trading, you should never keepyour crypto on an Crypto Trader for an extended period of time. In order to withdraw your NEM (XEM), hover over the “Funds” tab and mouse click on “Withdraw”. NEM (XEM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XEM) NEM by using the given drop-down box. Drop in the quantity of NEM (XEM) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.