A Step-by-Step-Guide on how to buy NEM (XEM) in Sierra Leone
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and to get your first 10 Dollar.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an 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 example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate NEM (XEM) Once your deposit has been verified, you will now have access to your assets and you can begin buying and trading. To buy (XEM) NEM on Binance, you will want to go to the “Exchange” tab and click on “Basic”. In order to discover NEM (XEM), 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 marked this also. Click on “XEM/BTC” to advance.
Step 4 – Purchasing NEM (XEM) After you've located (XEM) NEM, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to make our Limit Order. The field with the “Price” tag will be filled with the most latest price NEM (XEM) was sold for. You can change this to your preferred rate. The “Amount” field is the amount of XEM you like to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the complete volumen of XEM. When you are glad, make a mouse click on “Buy XEM”. Your order will be filled when a Vender sells their XEM for the price you gave.
Step 5 – Withdraw NEM (XEM) Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an extended period of time. To take off your NEM (XEM), hover over the “Funds” tab and mouse click on “Withdraw”. NEM (XEM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEM (XEM) by using the given drop-down box. Enter the quantity of (XEM) NEM you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. If you're satisfied, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.