How to Buy NEM (XEM) in Switzerland

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

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and getting your welcome 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. NEM (XEM) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps)

Make sure you have chosen the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate (XEM) NEM

As soon as your deposit has been verified, you will now have access to your funds and you can start purchasing and trading. To invest in (XEM) NEM on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

In order to find (XEM) NEM, 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 have marked this also. Click on “XEM/BTC” to advance.

Step 4 – Buying (XEM) NEM

As soon as you've spotted NEM (XEM), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're making our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date tariff NEM (XEM) was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of XEM you want to purchase. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of XEM.

If you are glad, click on “Buy XEM”. Your plan will be filled as soon as a Vender trades their XEM for the price you introduced.

Step 5 – Withdraw (XEM) NEM

Unless you are trading, best advise is not to keep your crypto on an Crypto Trader for an longer time frame. To take off your (XEM) NEM, hover over the tab called “Funds” and mouse click on “Withdraw”. NEM (XEM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XEM) NEM by using the given drop-down box. Drop in the volumen of (XEM) NEM you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

If you're glad, click “Submit”. You may be requested for phone/email verification ahead of a take off.

Kudos! You've successfully purchased and stored (XEM) NEM in Switzerland.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (XEM) NEM is stored inside your wallet, you're finished.