A Step-by-Step-Guide on how to buy NEM (XEM) in Solomon Islands
Step 1 – Join Coinbase and get 10$ for free You'll first need to purchase one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome $10.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. NEM (XEM) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate NEM (XEM) As soon as your deposit has been verified, you'll now have access to your funds and you can launch invest and trading. To purchase (XEM) NEM on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. To spot NEM (XEM), you'll need to put the shortname of the coin (XEM) into the search box, which is highlighted in the image. Be certain of having choosen the proper grouping, we've highlighted this also. Click on “XEM/BTC” to continue.
Step 4 – Buy (XEM) NEM Once you have discovered (XEM) NEM, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're creating our own Limit Order. The “Price” field will be automatically filled with the most up-to-date tariff NEM (XEM) was sold for. You can change this to your desired price. The “Amount” field is the quantity of XEM you want to purchase. The “Total” field is the total price in Bitcoin that you'll settle for the complete amount of XEM. When you are happy, make a mouse click on “Buy XEM”. Your plan will be filled as soon as a Vendor trades their XEM for the price you submitted.
Step 5 – Withdraw NEM (XEM) Unless you're trading, best advise is not to keep coins on an Crypto Trader for an extended time frame. In order to take off your (XEM) NEM, hover over the “Funds” tab and click on “Withdraw”. (XEM) NEM can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XEM) NEM by using the provided drop-down box. Put into the amount of (XEM) NEM you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you are glad, click “Submit”. You could be requested for email/phone verification before a withdrawal.