A Step-by-Step-Guide on how to buy NEM (XEM) in Mozambique
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting your first 10 Dollar.
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. NEM (XEM) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find (XEM) NEM As soon as your deposit has been affirmed, you will immediately have access to your finances and you can launch buying and trading. To purchase NEM (XEM) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. In order to discover NEM (XEM), you'll need to insert the cointype (XEM) into the search-box, which is highlighted in the image. Make sure you have selected the right grouping, we have highlighted this too. Click on “XEM/BTC” to continue.
Step 4 – Purchasing (XEM) NEM As soon as you've located NEM (XEM), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we are going to make our Limit Order. The “Price” field will be automatically filled with the latest valuation NEM (XEM) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of XEM you want to buy. The “Total” field is the total price in BTC that you'll settle for the complete amount of XEM. When you're glad, 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, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your (XEM) NEM, hover over the tab called “Funds” and click on “Withdraw”. NEM (XEM) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XEM) NEM by using the given drop-down box. Drop in the amount of NEM (XEM) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a take off.