How to Buy NEM (XEM) in Armenia

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

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to purchase units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and receive your welcome 10 Dollar.

Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto 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. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual)

Make sure you've chosen the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate (XEM) NEM

As soon as your deposit has been confirmed, you will directly have access to your funds and you can initiate invest and trading. To invest in NEM (XEM) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

To discover (XEM) NEM, you will need to put the cointype (XEM) into the search-box, which is marked in the image. Be certain of having choosen the correct pairing, we have marked this also. Click on “XEM/BTC” to go on.

Step 4 – Acquisition of (XEM) NEM

As soon as you've spotted NEM (XEM), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest tariff NEM (XEM) was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of XEM you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole quantity of XEM.

When you're happy, make a mouse click on “Buy XEM”. Your order will be filled when a Vender trades their XEM for the price you offered.

Step 5 – Withdraw (XEM) NEM

Unless you are trading, never keep your coins on an Crypto Trader for an extended time period. To take off your NEM (XEM), hover over the “Funds” tab and mouse click on “Withdraw”. (XEM) NEM can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate NEM (XEM) by using the provided drop-down box. Drop in the volumen of (XEM) NEM you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address.

When you're happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Congratulations! You have successfully bought and safed (XEM) NEM in Armenia.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the (XEM) NEM is safe inside your wallet, you're finished.