How to Buy NEM (XEM) in Mauritius

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

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and to get your welcome 10$.

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. NEM (XEM) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

Make sure you have chosen the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find (XEM) NEM

Once your deposit has been confirmed, you'll now have access to your finances and you can commence invest and trading. To purchase NEM (XEM) on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”.

To spot (XEM) NEM, you'll need to insert the short name of the asset (XEM) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “XEM/BTC” to go ahead.

Step 4 – Purchase (XEM) NEM

Once 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). For now we're going to make our Limit Order.

The “Price” field will be automatically filled with the most recent rate (XEM) NEM was sold for. This can be changed to your favoured rate. The “Amount” field is the amount of XEM you like to purchase. The “Total” field is the whole price in BTC that you'll settle for the whole volumen of XEM.

If you're glad, make a mouse 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 trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your (XEM) NEM, go to the “Funds” tab and mouse click on “Withdraw”. NEM (XEM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XEM) NEM by using the provided drop-down box. Drop in the volumen of NEM (XEM) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

When you're glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.

Congratulations! You've successfully purchased and safed NEM (XEM) in Mauritius.

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have proved your take off with Etherscan.io or Ethplorer.io and the NEM (XEM) is safe in your wallet, you're all done.