A Step-by-Step-Guide on how to buy NEM (XEM) in Saint Martin
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first $10.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. NEM (XEM) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find NEM (XEM) As soon as your deposit has been affirmed, you'll immediately have access to your assets and you can launch invest and trading. To buy (XEM) NEM on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find (XEM) NEM, you'll need to insert the shortname of the coin (XEM) into the search box, which is marked in the graphic. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “XEM/BTC” to go ahead.
Step 4 – Purchase NEM (XEM) Once you have discovered (XEM) NEM, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to create our own Limit Order. The “Price” field will be filled with the recent rate (XEM) NEM was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of XEM you like to purchase. The “Total” field is the aggregated price in BTC that you will pay for the whole volumen of XEM. When you're glad, make a mouse click on “Buy XEM”. Your order will be filled when a Vendor sells their XEM for the price you gave.
Step 5 – Withdraw (XEM) NEM Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an longer period of time. To take off your NEM (XEM), hover over the tab called “Funds” and click on “Withdraw”. (XEM) NEM can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XEM) NEM by using the given drop-down box. Put into the quantity of (XEM) NEM you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.