A Step-by-Step-Guide on how to buy NEM (XEM) in Norway
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome 10$.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. NEM (XEM) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find NEM (XEM) As soon as your deposit has been verified, you'll directly have access to your finances and you can begin buying and trading. To buy NEM (XEM) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot NEM (XEM), 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 proper grouping, we have marked this also. Click on “XEM/BTC” to proceed.
Step 4 – Purchasing (XEM) NEM After you've found NEM (XEM), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the recent valuation (XEM) NEM was traded for. This can be changed to your desired price. The “Amount” field is the volumen of XEM you want to buy. The “Total” field is the total price in Bitcoin that you'll settle for the complete quantity of XEM. When you are happy, make a mouse click on “Buy XEM”. Your plan will be filled when a Seller trades their XEM for the price you offered.
Step 5 – Withdraw NEM (XEM) Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive time frame. To withdraw your (XEM) NEM, hover over the tab called “Funds” and mouse click on “Withdraw”. (XEM) NEM can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XEM) NEM by using the given drop-down box. Enter the quantity of (XEM) NEM you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click “Submit”. You may be asked for email/phone verification ahead of a take off.