How to Buy NEM (XEM) in Saudi Arabia

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

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and getting your first 10 Dollar.

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

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. NEM (XEM) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you've selected the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find (XEM) NEM

Once your deposit has been affirmed, you will immediately have access to your finances and you can launch buying and trading. To purchase NEM (XEM) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to locate (XEM) NEM, you'll need to insert the cointype (XEM) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've marked this also. Click on “XEM/BTC” to go on.

Step 4 – Buy NEM (XEM)

After you have located NEM (XEM), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the latest valuation (XEM) NEM was traded for. You can change this to your preferred rate. The “Amount” field is the amount of XEM you wish to purchase. The “Total” field is the whole price in Bitcoin that you'll settle for the whole volumen of XEM.

When you're happy, click on “Buy XEM”. Your order will be filled as soon as a Vender sells their XEM for the price you offered.

Step 5 – Withdraw (XEM) NEM

Unless you're trading, never keep your crypto on an Crypto Trader for an extended time frame. In order to withdraw your NEM (XEM), hover over the “Funds” tab and click on “Withdraw”. (XEM) NEM can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XEM) NEM by using the provided drop-down box. Enter the quantity of NEM (XEM) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Congrats! You've successfully bought and safed (XEM) NEM in Saudi Arabia.

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the (XEM) NEM is safe within your wallet, you're all done.