A Step-by-Step-Guide on how to buy NEM (XEM) in Malawi
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and to get your welcome 10 Dollar.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. NEM (XEM) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate (XEM) NEM Once your deposit has been confirmed, you will instantly have access to your funds and you can commence invest and trading. To purchase (XEM) NEM on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. To find (XEM) NEM, you'll need to insert the cointype (XEM) into the search box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have marked this also. Click on “XEM/BTC” to proceed.
Step 4 – Buy (XEM) NEM After you've located NEM (XEM), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff (XEM) NEM was traded for. This can be changed to your preferred price. The “Amount” field is the quantity of XEM you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete amount of XEM. When you are glad, make a mouse click on “Buy XEM”. Your plan will be filled when a Seller trades their XEM for the price you submitted.
Step 5 – Withdraw NEM (XEM) Unless you are trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time period. In order to withdraw your (XEM) NEM, go to the tab called “Funds” and mouse click on “Withdraw”. NEM (XEM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XEM) NEM by using the provided drop-down box. Put into the volumen of (XEM) NEM you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, click “Submit”. You could be asked for email/phone verification ahead of a take off.