How to Buy NEM (XEM) in Morocco

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

Step 1 – Join Coinbase – Get Free $10

You'll first need to purchase one of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and receive your first $10.

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader

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

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate (XEM) NEM

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

In order to find NEM (XEM), you will need to put the cointype (XEM) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we've marked this too. Click on “XEM/BTC” to advance.

Step 4 – Buying (XEM) NEM

Once you've spotted (XEM) NEM, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the latest tariff NEM (XEM) was traded for. You can change this to your preferred rate. The “Amount” field is the volumen of XEM you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of XEM.

If you are satisfied, make a mouse click on “Buy XEM”. Your order will be filled when a Vendor trades their XEM for the price you gave.

Step 5 – Withdraw NEM (XEM)

Unless you are regularly trading, never keep your crypto on an Exchange for an extensive time frame. In order to take off your NEM (XEM), hover over the tab called “Funds” and click on “Withdraw”. (XEM) NEM can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate NEM (XEM) by using the provided drop-down box. Put into the quantity of (XEM) NEM you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

If you're happy, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.

Congratulations! You have successfully bought and stored NEM (XEM) in Morocco.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the NEM (XEM) is stored inside your wallet, you're done.