How to Buy NEM (XEM) in Bulgaria

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

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to buy units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and to get your welcome $10.

Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. NEM (XEM) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you have chosen the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate NEM (XEM)

Once your deposit has been confirmed, you will immediately have access to your funds and you can launch invest and trading. To invest in NEM (XEM) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to discover (XEM) NEM, you will need to put the shortname of the coin (XEM) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “XEM/BTC” to progress.

Step 4 – Buy NEM (XEM)

As soon as you have found NEM (XEM), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we are creating our own Limit Order.

The “Price” field will be automatically filled with the latest price (XEM) NEM was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of XEM you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole amount of XEM.

If you are satisfied, click on “Buy XEM”. Your plan will be filled when a Vendor trades their XEM for the price you gave.

Step 5 – Withdraw (XEM) NEM

Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended period of time. To take off your NEM (XEM), go to the tab called “Funds” and mouse click on “Withdraw”. (XEM) NEM can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XEM) NEM by using the provided drop-down box. Enter the amount of NEM (XEM) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

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

Congrats! You've successfully bought and stored NEM (XEM) in Bulgaria.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your take off using Ethplorer.io or Etherscan.io and the NEM (XEM) is safe in your wallet, you're all done.