How to Buy NEM (XEM) in Costa Rica

A Step-by-Step-Guide on how to buy NEM (XEM) in Costa Rica

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and getting your welcome 10 Dollar.

Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. NEM (XEM) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

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

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find (XEM) NEM

As soon as your deposit has been confirmed, you will immediately have access to your finances and you can commence purchasing and trading. To purchase (XEM) NEM on Binance, you will want to hover over the tab which is calledExchangeand click onBasic”.

To spot NEM (XEM), you will need to put the cointype (XEM) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we've highlighted this also. Click onXEM/BTCto advance.

Step 4 – Buying NEM (XEM)

Once you have located (XEM) NEM, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to create our own Limit Order.

The field with thePricetag will be filled with the recent valuation (XEM) NEM was traded for. You can change this to your favoured rate. The field with theAmounttag is the volumen of XEM you wish to purchase. The field with theTotaltag is the whole price in BTC that you will pay for the complete volumen of XEM.

If you're happy, click onBuy XEM”. Your plan will be filled as soon as a Vender sells their XEM for the price you submitted.

Step 5 – Withdraw NEM (XEM)

Unless you're frequently trading, never keep your coins on an Crypto Trader for an extended time period. In order to withdraw your NEM (XEM), hover over theFundstab and click onWithdraw”. (XEM) NEM can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find NEM (XEM) by using the given drop-down box. Enter the amount of NEM (XEM) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

When you are glad, clickSubmit”. You could be requested for verfication via email/phone before a withdrawal.

Congrats! You've successfully purchased and stored NEM (XEM) in Costa Rica.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (XEM) NEM is safe within your wallet, you are done.