A Step-by-Step-Guide on how to buy NEM (XEM) in Chad
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy units of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first $10.
Step 2 – Send Your Funds to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. NEM (XEM) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate NEM (XEM) As soon as your deposit has been affirmed, you will now have access to your funds and you can begin purchasing and trading. To invest in (XEM) NEM on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. To locate NEM (XEM), you will need to insert the cointype (XEM) into the search-box, which is marked in the graphic. Be certain of having choosen the right grouping, we have highlighted this also. Click on “XEM/BTC” to go on.
Step 4 – Buy NEM (XEM) Once you have found NEM (XEM), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). And now we're going to make our Limit Order. The “Price” field will be filled automatically with the most recent price (XEM) NEM was traded for. This can be changed to your favoured rate. The “Amount” field is the volumen of XEM you want to buy. The “Total” field is the whole price in Bitcoin that you will settle for the complete amount of XEM. If you're satisfied, make a mouse click on “Buy XEM”. Your plan will be filled as soon as a Vendor trades their XEM for the price you introduced.
Step 5 – Withdraw NEM (XEM) Unless you are frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive time frame. To take off your (XEM) NEM, hover over the tab called “Funds” and click on “Withdraw”. NEM (XEM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XEM) NEM by using the provided drop-down box. Put into the amount of NEM (XEM) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You may be asked for phone/email verification before a withdrawal.