A Step-by-Step-Guide on how to buy NEM (XEM) in Virgin Islands
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome 10$.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. NEM (XEM) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (XEM) NEM Once your deposit has been confirmed, you'll now have access to your funds and you can start invest and trading. To purchase (XEM) NEM on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. To spot NEM (XEM), you will need to insert the cointype (XEM) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have marked this too. Click on “XEM/BTC” to advance.
Step 4 – Purchase (XEM) NEM After you have spotted (XEM) NEM, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are creating our Limit Order. The “Price” field will be filled automatically with the most latest valuation (XEM) NEM was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of XEM you wish to buy. The “Total” field is the whole price in BTC that you'll settle for the complete volumen of XEM. When you are satisfied, make a mouse click on “Buy XEM”. Your plan will be filled as soon as a Seller trades their XEM for the price you gave.
Step 5 – Withdraw (XEM) NEM Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your (XEM) NEM, go to the tab called “Funds” and mouse click on “Withdraw”. (XEM) NEM can be stored securely 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. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.