How to Buy NEM (XEM) in Tanzania

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

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to buy one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and getting your first 10 Dollar.

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. NEM (XEM) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Locate NEM (XEM)

As soon as your deposit has been approved, you'll now have access to your funds and you can launch purchasing and trading. To buy (XEM) NEM on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To spot (XEM) NEM, you'll need to put the shortname of the coin (XEM) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “XEM/BTC” to proceed.

Step 4 – Purchase (XEM) NEM

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

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

When you're happy, make a mouse click on “Buy XEM”. Your plan will be filled as soon as a Vendor sells their XEM for the price you introduced.

Step 5 – Withdraw NEM (XEM)

Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive time frame. In order to take off your (XEM) NEM, hover over the tab called “Funds” and click on “Withdraw”. (XEM) NEM can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find NEM (XEM) by using the given drop-down box. Put into the quantity of NEM (XEM) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address.

When you're satisfied, click “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Congratulations! You've successfully purchased and safed NEM (XEM) in Tanzania.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). Once you have proved your take off using Ethplorer.io or Etherscan.io and the NEM (XEM) is stored inside your wallet, you are done.