A Step-by-Step-Guide on how to buy NEM (XEM) in China
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your welcome $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto 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 Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find NEM (XEM) As soon as your deposit has been affirmed, you will instantly have access to your finances and you can start purchasing and trading. To buy NEM (XEM) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find NEM (XEM), you will need to insert the shortname of the coin (XEM) into the search-box, which is highlighted in the image. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “XEM/BTC” to advance.
Step 4 – Purchasing NEM (XEM) As soon as you have discovered (XEM) NEM, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are creating our own Limit Order. The “Price” field will be automatically filled with the most recent valuation NEM (XEM) was traded for. This can be changed to your preferred price. The “Amount” field is the volumen of XEM you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of XEM. If you're glad, click on “Buy XEM”. Your order will be filled when a Seller sells their XEM for the price you submitted.
Step 5 – Withdraw NEM (XEM) Unless you are trading, you should never keepyour crypto on an Crypto Exchange for an extensive time frame. In order to take off your (XEM) NEM, go to the “Funds” tab and mouse click on “Withdraw”. (XEM) NEM can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEM (XEM) by using the provided drop-down box. Put into the volumen of NEM (XEM) you would like to take off. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.