How to Buy NEM (XEM) in Romania

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

Step 1 – Join Coinbase – Get Free $10

You'll first need to buy one of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and to get your welcome $10.

Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

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

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate NEM (XEM)

Once your deposit has been affirmed, you'll instantly have access to your finances and you can commence invest and trading. To buy NEM (XEM) on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”.

To spot NEM (XEM), you will need to insert the cointype (XEM) into the search box, which is marked in the picture. Make sure you have selected the right grouping, we have marked this too. Click on “XEM/BTC” to go on.

Step 4 – Purchase (XEM) NEM

After you've discovered (XEM) NEM, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to create our Limit Order.

The “Price” field will be filled automatically with the most latest price NEM (XEM) was sold for. You can change this to your desired price. The “Amount” field is the amount of XEM you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete amount of XEM.

If you're happy, click on “Buy XEM”. Your plan will be filled as soon as a Vendor trades their XEM for the price you introduced.

Step 5 – Withdraw (XEM) NEM

Unless you are regularly trading, best advise is not to keep crypto on an Crypto Trader for an longer time frame. In order to take off your NEM (XEM), go to the tab called “Funds” and mouse click on “Withdraw”. NEM (XEM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find NEM (XEM) by using the provided drop-down box. Enter the volumen of NEM (XEM) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Kudos! You've successfully bought and safed NEM (XEM) in Romania.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the NEM (XEM) is safe within your wallet, you are finished.