A Step-by-Step-Guide on how to buy NEM (XEM) in Bangladesh
Step 1 – Signup to Coinbase and get 10$ for free You will first need to buy units of the major coins. 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 Dollar.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. NEM (XEM) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find (XEM) NEM As soon as your deposit has been approved, you will instantly have access to your assets and you can begin purchasing and trading. To invest in NEM (XEM) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To locate NEM (XEM), you'll need to put the shortname of the coin (XEM) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we've marked this too. Click on “XEM/BTC” to go ahead.
Step 4 – Purchasing (XEM) NEM As soon as you have located (XEM) NEM, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're creating our own Limit Order. The “Price” field will be automatically filled with the most latest price (XEM) NEM was traded for. This can be changed to your desired rate. The “Amount” field is the amount of XEM you wish to buy. The “Total” field is the whole price in BTC that you will settle for the whole quantity of XEM. If you are satisfied, make a mouse click on “Buy XEM”. Your order will be filled when a Vendor sells their XEM for the price you gave.
Step 5 – Withdraw (XEM) NEM Unless you're regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your (XEM) NEM, hover over the tab called “Funds” and mouse click on “Withdraw”. NEM (XEM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XEM) NEM by using the provided drop-down box. Drop in the volumen of NEM (XEM) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.