How to Buy NEM (XEM) in Mayotte

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

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

You'll first need to buy one of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get your first 10$.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. NEM (XEM) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find (XEM) NEM

Once your deposit has been approved, you will directly have access to your assets and you can commence purchasing and trading. To invest in NEM (XEM) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate (XEM) NEM, you'll need to put the shortname of the coin (XEM) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have marked this too. Click on “XEM/BTC” to go on.

Step 4 – Buy NEM (XEM)

After you've discovered NEM (XEM), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date price (XEM) NEM was sold for. You can change this to your favoured rate. The “Amount” field is the quantity of XEM you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole volumen of XEM.

If you're satisfied, click on “Buy XEM”. Your plan will be filled when a Vender trades their XEM for the price you gave.

Step 5 – Withdraw (XEM) NEM

Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your (XEM) NEM, go to the “Funds” tab and 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. Drop in the amount of NEM (XEM) you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you are glad, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.

Congrats! You've successfully purchased and safed NEM (XEM) in Mayotte.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (XEM) NEM is stored inside your wallet, you're done.