How to Buy NEM (XEM) in Saint Barthelemy

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

Step 1 – Signup to Coinbase and recieve 10$ for free

In the beginning you'll need to buy one of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your first 10$.

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

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

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Find NEM (XEM)

As soon as your deposit has been affirmed, you will directly have access to your finances and you can commence invest and trading. To purchase NEM (XEM) on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”.

In order to discover NEM (XEM), you will need to put the cointype (XEM) into the search box, which is highlighted in the image. Make sure you have selected the proper pairing, we have marked this too. Click on “XEM/BTC” to proceed.

Step 4 – Buy NEM (XEM)

As soon as you've spotted (XEM) NEM, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to create our Limit Order.

The “Price” field will be filled automatically with the most up-to-date valuation NEM (XEM) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of XEM you like to buy. The “Total” field is the total price in Bitcoin that you will pay for the whole volumen of XEM.

When you are glad, click on “Buy XEM”. Your plan will be filled as soon as a Seller trades their XEM for the price you submitted.

Step 5 – Withdraw NEM (XEM)

Unless you're frequently trading, never keep your crypto on an Crypto Exchange for an extensive period of time. To take off your (XEM) NEM, hover over the “Funds” tab and click on “Withdraw”. (XEM) NEM can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XEM) NEM by using the given drop-down box. Enter the amount of (XEM) NEM you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address.

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

Congrats! You've successfully purchased and safed NEM (XEM) in Saint Barthelemy.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the NEM (XEM) is safe in your wallet, you are all done.