A Step-by-Step-Guide on how to buy NEM (XEM) in Laos
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and receive your first 10$.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto 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. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find NEM (XEM) As soon as your deposit has been affirmed, you will immediately have access to your funds and you can begin buying and trading. To buy (XEM) NEM on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate (XEM) NEM, you will need to put the short name of the asset (XEM) into the search box, which is highlighted in the image. Be certain of having selected the correct grouping, we have highlighted this also. Click on “XEM/BTC” to advance.
Step 4 – Buy NEM (XEM) Once you have found (XEM) NEM, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're creating our own Limit Order. The “Price” field will be filled automatically with the most recent price (XEM) NEM was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of XEM you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete quantity of XEM. When you're happy, make a mouse click on “Buy XEM”. Your order will be filled as soon as a Vender sells their XEM for the price you gave.
Step 5 – Withdraw (XEM) NEM Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an longer period of time. To take off your (XEM) NEM, go to the “Funds” tab and click on “Withdraw”. NEM (XEM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find NEM (XEM) by using the provided drop-down box. Drop in the volumen of NEM (XEM) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.