How to Buy NEM (XEM) in Lesotho

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

Step 1 – Signup to Coinbase and recieve 10$ for free

You'll first need to buy one of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and to get your welcome $10.

Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) 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 identical. NEM (XEM) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you have selected the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate (XEM) NEM

As soon as your deposit has been verified, you'll directly have access to your finances and you can commence buying and trading. To purchase (XEM) NEM on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

In order to find NEM (XEM), you'll need to put the shortname of the coin (XEM) into the search box, which is highlighted in the image. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “XEM/BTC” to continue.

Step 4 – Purchase (XEM) NEM

After you have located NEM (XEM), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our Limit Order.

The “Price” field will be automatically filled with the most up-to-date tariff (XEM) NEM was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of XEM you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole quantity of XEM.

When you are glad, make a mouse click on “Buy XEM”. Your order will be filled as soon as a Seller trades their XEM for the price you introduced.

Step 5 – Withdraw (XEM) NEM

Unless you are regularly trading, never keep your crypto coins on an Crypto Trader for an longer period of time. To withdraw your NEM (XEM), go to the tab called “Funds” and mouse click on “Withdraw”. (XEM) NEM can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XEM) NEM by using the given drop-down box. Put into the volumen of NEM (XEM) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

When you are happy, click “Submit”. You may be requested for phone/email verification ahead of a take off.

Congrats! You've successfully bought and safed NEM (XEM) in Lesotho.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your take off with Ethplorer.io or Etherscan.io and the NEM (XEM) is stored within your wallet, you're all done.