A Step-by-Step-Guide on how to buy NEM (XEM) in Reunion
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and to get your first 10 Dollar.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum will need 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 will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate (XEM) NEM As soon as your deposit has been verified, you'll now have access to your assets and you can initiate invest and trading. To invest in (XEM) NEM on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To spot NEM (XEM), you will need to put the shortname of the coin (XEM) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we have marked this also. Click on “XEM/BTC” to go ahead.
Step 4 – Purchasing NEM (XEM) Once you've discovered NEM (XEM), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are going to make our Limit Order. The field with the “Price” tag will be filled with the most latest tariff (XEM) NEM was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of XEM you want to buy. The “Total” field is the total price in BTC that you'll pay for the complete amount of XEM. If you are glad, click on “Buy XEM”. Your order will be filled when a Vender sells their XEM for the price you submitted.
Step 5 – Withdraw NEM (XEM) Unless you are trading, you should never keepyour crypto coins on an Crypto Trader for an extended time frame. In order to withdraw your NEM (XEM), go to the tab called “Funds” and click on “Withdraw”. (XEM) NEM can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find NEM (XEM) by using the given drop-down box. Put into the volumen of NEM (XEM) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.