A Step-by-Step-Guide on how to buy NEM (XEM) in Cameroon
Step 1 – Join Coinbase – Get Free $10 You will first need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first 10$.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. NEM (XEM) is available 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 how-to) Make sure you have selected the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate NEM (XEM) As soon as your deposit has been approved, you will instantly have access to your funds and you can initiate purchasing and trading. To buy NEM (XEM) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”. In order to find (XEM) NEM, you'll need to insert the shortname of the coin (XEM) into the search box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've highlighted this also. Click on “XEM/BTC” to progress.
Step 4 – Purchase (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 some Order Books (on the Left of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be filled with the recent valuation NEM (XEM) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of XEM you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete quantity of XEM. When you are satisfied, click on “Buy XEM”. Your order will be filled when a Vender trades their XEM for the price you introduced.
Step 5 – Withdraw NEM (XEM) Unless you are trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive period of time. In order to take off your (XEM) NEM, hover over the “Funds” tab and mouse click on “Withdraw”. NEM (XEM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEM (XEM) by using the provided drop-down box. Put into the quantity of (XEM) NEM you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're glad, click “Submit”. You may be asked for email/phone verification before a withdrawal.