A Step-by-Step-Guide on how to buy NEM (XEM) in Liberia
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and to get your welcome 10$.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. NEM (XEM) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate (XEM) NEM As soon as your deposit has been confirmed, you will instantly have access to your assets and you can launch invest and trading. To invest in NEM (XEM) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to spot (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 selected the correct pairing, we've marked this also. Click on “XEM/BTC” to proceed.
Step 4 – Purchasing NEM (XEM) As soon as you have spotted (XEM) NEM, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our own Limit Order. The “Price” field will be filled automatically with the most up-to-date tariff (XEM) NEM was traded for. You can change this to your favoured rate. The “Amount” field is the amount of XEM you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of XEM. When you are glad, click on “Buy XEM”. Your plan will be filled as soon as a Vender sells their XEM for the price you introduced.
Step 5 – Withdraw (XEM) NEM Unless you are frequently trading, best advise is not to keep coins on an Crypto Trader 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) Find (XEM) NEM by using the given drop-down box. Enter the amount of NEM (XEM) you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.