A Step-by-Step-Guide on how to buy NEM (XEM) in Niue
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting your first $10.
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. NEM (XEM) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate NEM (XEM) As soon as your deposit has been confirmed, you'll now have access to your funds and you can start invest and trading. To purchase NEM (XEM) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. In order to locate NEM (XEM), you'll need to insert the shortname of the coin (XEM) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “XEM/BTC” to continue.
Step 4 – Acquisition of NEM (XEM) As soon as you've located NEM (XEM), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff NEM (XEM) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of XEM you wish to buy. The “Total” field is the whole price in BTC that you will settle for the whole amount of XEM. If you are happy, make a mouse click on “Buy XEM”. Your order will be filled when a Seller sells their XEM for the price you gave.
Step 5 – Withdraw NEM (XEM) Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time frame. To withdraw your (XEM) NEM, go to the “Funds” tab and click on “Withdraw”. NEM (XEM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XEM) NEM by using the provided drop-down box. Put into the quantity of NEM (XEM) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You could be requested for email/phone verification ahead of a take off.