A Step-by-Step-Guide on how to buy NEM (XEM) in Pakistan
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome 10$.
Step 2 – Transmit Your Funds to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto 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. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate (XEM) NEM As soon as your deposit has been confirmed, you will instantly have access to your funds and you can initiate invest 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 locate NEM (XEM), you'll need to insert the short name of the asset (XEM) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we've marked this also. Click on “XEM/BTC” to go on.
Step 4 – Buy (XEM) NEM Once you've discovered (XEM) NEM, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're making our Limit Order. The “Price” field will be filled automatically with the latest tariff NEM (XEM) was traded for. This can be changed to your desired rate. The “Amount” field is the amount of XEM you want to purchase. The “Total” field is the total price in Bitcoin that you will settle for the complete amount of XEM. When you are happy, click on “Buy XEM”. Your plan will be filled as soon as a Vendor trades their XEM for the price you offered.
Step 5 – Withdraw NEM (XEM) Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an longer time frame. In order to take off your NEM (XEM), hover over the “Funds” tab and mouse click on “Withdraw”. (XEM) NEM 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 displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.