A Step-by-Step-Guide on how to buy NEM (XEM) in Botswana
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and to get your welcome $10.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. NEM (XEM) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you have chosen the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find (XEM) NEM Once your deposit has been verified, you'll instantly have access to your finances and you can commence invest and trading. To buy NEM (XEM) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to discover NEM (XEM), you'll need to insert the short name of the asset (XEM) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “XEM/BTC” to go on.
Step 4 – Purchase NEM (XEM) After you have located (XEM) NEM, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're going to make our Limit Order. The “Price” field will be filled with the up-to-date valuation NEM (XEM) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of XEM you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole volumen of XEM. When you are happy, click on “Buy XEM”. Your plan will be filled when a Vender sells their XEM for the price you gave.
Step 5 – Withdraw (XEM) NEM Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an extended time period. In order to take off your NEM (XEM), go to the “Funds” tab and click on “Withdraw”. (XEM) NEM can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEM (XEM) by using the provided drop-down box. Put into the amount of NEM (XEM) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, click on “Submit”. You may be asked for verfication via phone/email before a take off.