A Step-by-Step-Guide on how to buy NEM (XEM) in Swaziland
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase one of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and getting your first 10$.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. 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 Crypto Trader? (Follow this guide) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find (XEM) NEM Once your deposit has been confirmed, you will immediately have access to your funds and you can launch buying and trading. To buy (XEM) NEM on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. To locate NEM (XEM), you'll need to put the cointype (XEM) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “XEM/BTC” to continue.
Step 4 – Purchase NEM (XEM) Once you have located NEM (XEM), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to create our Limit Order. The “Price” field will be filled automatically with the most up-to-date tariff (XEM) NEM was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XEM you wish to purchase. The “Total” field is the total price in BTC that you will pay for the complete volumen of XEM. If you are happy, make a mouse click on “Buy XEM”. Your order will be filled as soon as a Vendor sells their XEM for the price you introduced.
Step 5 – Withdraw (XEM) NEM Unless you are trading, you should never keepyour crypto on an Exchange for an extended period of time. To take off your NEM (XEM), go to the tab called “Funds” and mouse click on “Withdraw”. (XEM) NEM can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find NEM (XEM) by using the provided drop-down box. Put into the volumen of (XEM) NEM you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are glad, click “Submit”. You could be asked for verfication via email/phone ahead of a take off.